Obamacare was built on a lie of monumental proportions, as we saw when video was released of planners and programmers who clearly indicated that the promises that Obama was making were impossible and full of holes. It is impossible to provide more service and charge less, for example, but Obama insisted that the average family would save $2,500 per year for health insurance. In fact, the hugely expensive exchanges were built knowing that many people would look at the offerings and refuse to pay.
So Obamacare built into the system a system that said if you chose not to buy the mandated product/service, then you would have to pay a fine or a tax for not buying what was offered. The very idea boggles the mind, should be unconstitutional, and should be reason enough to throw out every Democrat politician (and it was all of them) who voted to dupe the public with this outrageous scheme.
Though Obama knowingly lied when he promised you could keep your health plan and your doctor and would not be coerced to change your plan, there is another villain of this story, and it is the insurance companies. They saw this illegal and unethical legislation and focused on the 40 million uninsured Americans who would be forced to buy their product, and they worked had to aid the Obama administration in its passage. It turns out that even millennials and 20 somethings are smart enough to figure out Obamacare is a bad deal for them and they are not buying, even though they must pay a fine for no medical insurance. As a result, the insurance companies are bleeding out due to expenses that far exceed the new income they are receiving from Obamacare. And now they are crying a river and asking for relief or a way out of the program or a way to alleviate their suffering.
Health insurers look for double digit increases, page 2:
My insurance went up 9.1% in just 6 months !!!
Was build as Obama don’t care so they could steal billions of dollars they all split
Watch n listen n Question it
Just read Medicare payments went up 15percent may 31 and in 2017 another 17percent about 150more
Socialism will not work here. 335 million people to get on board, It’s not happening nor should you want it to. This administration lied so badly about Obamacare. It’s not reasonable. Insurance companies are posting huge loss and many have left states. We never needed healthcare reform we needed insurance and pharmaceutical reform.
A failed deal before it was ever passed !!!
Obama care is like throwing money away, him and his friends got rich, they are laughing the whole way to the bank.
Obamacare is a JOKE!!!.. I feel that the people that decided not to take it or had it and dropped it should not be penalized.
Exactly, but they can’t do that as the government receive big money from these groups
They could. Why should CEOs of any insurance company make 7-8 figures a year if they are trying to make people healthy? The problem is they are not making people healthy. Insurance, big pharm are making it impossible. Insurance is a joke. I type for a doctor and I think it’s bad that some insurance evaluators think they know what’s best for the patients and question the doctors when they order MRIs or recommend step therapy when prescribing meds. When a medication is overly successful the insurance companies all of a sudden no longer cover it. Patients are told what meds they can get by the insurance companies. This bureaucratic tape is doing more harm than good.