If you’re one of the millions of Americans who think Obamacare has been a disaster from the start, there are probably some very satisfying “I told you so’s” in your future.
And if you’re one of those who continue to insist on how great Obamacare is, you might want to look the other way, just like you’ve apparently been doing for the past several years.
Town Hall reports:
Well, in March, it was reported that the last remaining Obamacare exchanges are on the verge of failing. Two more exchanges in Connecticut and Oregon recently decided to close shop. Right now, roughly one-third of the exchanges are left out of 23 that were set up. Virtually every exchange that remains could fold this year. Ali Meyer of The Washington Free Beacon reported once again from the ruins of this health care venture:
Six of the seven Obamacare co-ops that are still in operation are currently on corrective action plans, according to an official from the Centers for Medicare and Medicaid Services.The Illinois Department of Insurance announced this week that it was requesting an order of rehabilitation for the state’s Land of Lincoln Health co-op because of its unsustainable financial position. The co-op was originally awarded $160.2 million by CMS.
Kevin Counihan, a top official for the Centers for Medicare and Medicaid services, toldlawmakers on Wednesday that of the seven co-ops that are still in operation, six have been placed on corrective action plans. Co-ops are flagged for these plans when the agency has identified issues with the co-ops finances, operations, compliance or management processes.
And for the millions of families who are covered, you may be facing some nasty shocks – if you haven’t already – in the form of skyrocketing premiums.
A report has found that Obamacare premiums, even for the cheapest plans that many low income families purchased, are set to go up at least 11 percent just ahead of Election Day in November. The new reports find that the most popular type of insurance sold by the Obamacare insurance marketplaces across the country will be hit with higher premiums at a faster clip by 2017 than they have faced in recent years.
What do you think, has Obamacare been a disaster for your family, or have you benefited from it? Go ahead and give us your honest assessment in the comments.
Here’s a little reminder of how many times Obama told us we could keep our healthcare plans if we liked them: