More ObamaCare Rate Hikes Coming

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Remember, others and I warned, years ago, that as bad as ObamaCare seemed then, the disaster of the bill would not appear until after Obama was safely out of office. Well folks – welcome to it. Ever disaster that is and will occur was baked in long ago and artificially tamped down or covered up until after this last election.

from IBD:

ObamaCare, Not Trump, Is Causing ObamaCare’s Massive Rate Hikes

In Iowa, the state’s sole remaining insurer announced on Thursday that it wants to boost ObamaCare premiums by 57%. This isn’t exactly the vibrant, competitive, low-cost market that Democrats promised. But it is the inevitable outcome of ObamaCare’s government-knows-best approach to health care.

Earlier this year, Aetna and Wellmark Blue Cross & Blue Shield announced that they were pulling out of Iowa’s ObamaCare exchange, leaving only Medica, which was also threatening to leave. Not surprisingly, Medica has used its newfound monopoly status to push for increasingly higher rates, while trying to pin the blame President Trump for the increases.

The media, of course, are happy to buy into it that claim. Anything to bash Trump.

But Iowans shouldn’t. Nor should anyone else in the country who heads to the exchanges later this year only to find — for the third year in a row — there are fewer choices and record-breaking premium hikes.

The seeds of today’s double-digit premium increases and collapsing competition were planted long before Trump took the oath of office. In fact, they were embedded right there in the law President Obama signed in 2010.

Take a look at the ObamaCare-created nonprofit insurance co-ops. Democrats put this feature in the bill, and pumped $2.4 billion dollars into their creation, as a means to hold premiums down. Long before Trump arrived on the scene, however, most of the 23 co-ops had gone bankrupt, taking their taxpayer “loans” with them.

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About the Common Constitutionalist

Brent, aka The Common Constitutionalist, is a Constitutional Conservative, and advocates for first principles, founders original intent and enemy of progressives. He is former Navy, Martial Arts expert. As well as publisher of the Common Constitutionalist blog, he also is a contributing writer for Political Outcast, Godfather Politics, Minute Men News (Liberty Alliance), Freedom Outpost, the Daily Caller, Vision To America and Free Republic. He also writes an exclusive weekly column for World Net Daily (WND).

One comment on “More ObamaCare Rate Hikes Coming

  1. I hope everyone has their Christmas card list updated to include their elected DEMOCRATS to thank them for this mess. Don’t forget your elected REPUBLICANs…[except Cruz, Lee and IIRC Paul] who caved repeatedly, making weaker and more pathetic “offers” of compromise instead of standing their ground till they passed out from exhaustion if necessary during a filibuster…but MM and the rest…they WANT “nationalized health”.

    Progressives want more gov’t; they want gov’t to do more…and they want to be in control of all that power and money and have control over all the people. It’s not about “health care”. It’s always been about control.

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