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Sky-High Premiums and Exorbitant Deductibles May Seal the Fate of Obamacare, says AMAC

Money and Obama CareIt was force-fed to the American public and now we’re gagging on it

WASHINGTON, DC, Nov 4 – “Sky-high premiums and exorbitant deductibles may seal the fate of Obamacare.  It was force-fed to the American public and now we’re gagging on it,” says Dan Weber, president of the Association of Mature American Citizens.

“With the last days of the 2016 Presidential Election campaigns upon us, the candidates are finally addressing the 800 pound gorilla in the room.  Both Mrs. Clinton and Mr. Trump have notions on where we go from here.  But the reality is that the Affordable Care Act is damaged beyond repair.”

It’s not just the over-the-top premiums, he says.  Those unfortunate enough to live in Arizona, will see premium increases approaching 116%.

“Yes, more people have health insurance than before, but can they afford it?  When you have deductibles exceeding $12,000 a year that must be paid out of pocket before you see any benefit it seems hardly affordable for most Americans, especially for those who are in greatest need.  Remember, that’s on top of monthly premiums that are rising in 2017 by an average of 25% to as high as 116%, as it is in Arizona.”

HealthPocket, a healthcare research provider, says that for families enrolled in the Affordable Care Act’s Bronze Plans, which are supposedly the lowest cost health insurance plans in the Obamacare network, the average deductible is over $12,000 in 2017.

Weber, acknowledges that in Indiana where insurance plans are competing for business, some residents will see a three percent reduction in premiums.  He argues that the same king of competition on a national level will help “tame” prices and that allowing the purchase of insurance across state lines, something not provided for in the Affordable Care Act, can make a big difference going forward.  It’s a good reason for scrapping Obamacare and starting all over again.

In addition, Weber says that any new healthcare  plans created to replace the ACA should include, as a key component, Health Savings Accounts (HSA’s).

Under current law, HSA owners are barred from using HSA funds to cover insurance premiums, direct primary care costs, over-the-counter drugs, and several other commonsense expenditures related to their health.

“Americans, and particularly, senior citizens, should have complete and total control over the purchasing and saving powers inherent in an HSA.  We need to expand the provisions of Health Savings Accounts as a means of putting the decision-making power back in the hands of account holders  It’s a rational, practical, and forward-thinking approach to help HSAs reach their full and uninhibited potential,” says Weber.

AMAC is supporting legislation that would double the contribution limit of HSAs and allow individuals to determine how much money they need to save for their healthcare, including free-market health insurance.

He calls “an open border” approach to the selection of insurance plans and an expansion of HSA provisions powerful core components of a realistic health care insurance solution.

The Associated Press and the consulting firm Avalere Health did the research and found that 33% of U.S. counties – more than 1,000 counties in 26 states – will have only one health insurance provider available to them in 2017.

The study shows that “five states – Alaska, Alabama, Oklahoma, South Carolina, and Wyoming – have one participating insurer across their entire jurisdictions.  Only Wyoming had faced that predicament this year [in 2016].  In addition, Arizona, Florida, Georgia, Missouri, Mississippi, North Carolina, Nevada, and Tennessee have only one participating insurer in a majority of their counties.”

Caroline Pearson, a senior vice president with Avalere, said that “rising premiums get all of the political attention, but lack of choice between insurers could be a bigger problem for consumers.”

Meanwhile, the Gallup polling organization has found that “the American public is, in a general sense, not predisposed to the idea of the federal government running healthcare.  The public’s approval of the healthcare law has consistently been below the majority level in recent years, ranging from a high of 48% shortly after Obama won re-election in 2012 to a low of 37% approval in late 2014,” says Gallup.

Even former president Bill Clinton has expressed his disappointment at the failure of Obamacare.  Although he has tried to walk his comments back since then, he told a campaign rally in Flint, MI last month: “so you’ve got this crazy system where all of a sudden 25 million more people have health care and then the people who are out there busting it, sometimes 60 hours a week, wind up with their premiums doubled and their coverage cut in half.  It’s the craziest thing in the world.”

Weber says that Obamacare has been a critical issue for the Association of Mature American Citizens since its establishment.  “No one is laughing at the irony of Obamacare’s official name, the Affordable Care Act, the fact is the ACA is having a significant and dramatic negative impact on the pocket books of anyone who purchases health insurance.  This comes at a time when the country is in the hole financially and middle class households are carrying the heaviest burden.   How bad do things have to get before we realize that Obamacare has to go.  It shouldn’t have been enacted in the first place and needs to be repealed and replaced.”

ABOUT AMAC

The Association of Mature American Citizens [http://www.amac.us] is a vibrant, vital senior advocacy organization that takes its marching orders from its members.  We act and speak on their behalf, protecting their interests and offering a practical insight on how to best solve the problems they face today.  Live long and make a difference by joining us today at http://amac.us/join-amac.

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PaulE

Well last week’s lead article was on Social Security, so this week’s article must be on Obamacare. Rinse, recycle, repeat. If people truly want Obamacare repealed, the only viable option on the table is voting for Trump on November 8th and then holding all the Republican members of Congress to account. They will have no more excuses for not carrying out the will of the people. A Hillary Clinton victory will only lead to single-payer. That will in turn make the rising costs of Obamacare, along with the corresponding reduced access to your preferred doctors, hospitals and medications look like a bargain. So vote like your life depends on it, because it very likely will. Think about it America. What kind of country do you want your children, grandchildren and great grandchildren living in? This election is for all the marbles. As for the proposed AMAC Obamacare solution being pitched… Read more »

Anita Cole

I think O’bummer care was intended not to work so the Demo/liberals could coerce/force the country into a socialist government run healthcare system. What a joke! All you have to do is take a good look at the veterans health care system to see that the government doesn’t run it properly or efficiently. So how do they figure they can run the health care of the whole nation? Plus who said the government is responsible for the health care of everybody in this nation? Brain washed social gimme gimme people, that’s who. The Demo/liberals just want more and more power over all of us and government run, tax payer funded health care is one way. If it happens you will see more decisions made by bureaucrats instead of patients. Wake Up America!

Ramón

Do not forget this timeline:
• Hillary pushed similarly flawed healthcare measures in the 1990’s
• Congress rejected it
• the schemes were taken from the public eye but not put to rest
• the same flawed system was re-packaged, and the loaded label “ObamaCare” was strategically applied
(the very sound of the title suggests that he cares when we know he only cares to disrupt and ruin)
• Pelosi manipulated Congress with her [in]famous “let’s pass it to see what’s in it…”
• Congress caved for fear of being called “racist”
• Now We The People are “gagging on it”

How does it make sense to have open international borders for immigration and foreign-made products while closing the interstate borders to insurance competition?
If she wins the election (ugh!), she would be able to continue where she left off two decades ago with her corrupt machinations to gain absolute power.

Ken & Mary Kingman

A couple of years ago my wife’s medical was 247.00 a month, it is now going to $$648.00 a month. It is nothing more than a federal tax in disguise. It is un AFFORDABLE and no one CARES ACT of a desperate out if control government.

Rik

The Affordable Care Act will go down as the greatest misnomer in the short history of this country. And if the Communist Democrats have their way, our country as we’ve known it, will end up ceasing to exist as President Hillary will lead this once proud nation down the road to a global world economy where Communisn rules with 2 classes of people, rich and poor. And 95% of the people will be poor!!!

raygun

DUH ?!?! You think !!! As old Gomer Pyle (Jim Nabors) would say “Surprise, surprise, surprise”. My wife and I are lucky to be on Medicare and SS and not putting up with the worst idea of ObummerCare. It’s about time the conservatives took over and repealed everything criminal that was passed over the last decade. Remember this: “we have to pass it so we can find out what’s in it”. Dumb ass socialist brain dead demowits, most of which were a part of Woodstock and the radical 1960s and 1970s. Woodstock, LSD, marijuana, cocaine, mush for brains, rainbows, unicorns, rose colored eye glasses, flower children, free love, STDs …..

Ivan Berry

Force-fed, hell; more like waterboarded. Open borders for insurance? What, get the Department of Commerce involved? They could be involved with the illicit drug traffic, but they don”t want any part of that trade regulation. The same goes for the trade and traffic of humans. AMAC should avoid borrowing the left’s toxic terms. Why not just leave it all to the individual States where it rightly belongs, or to the people. The 10th Amendment wasn’t written for nor by progressive communistic /socialistic fascists. If a dictatorial king or queen had been wanted by the people, we would have elected a king when given the first opportunity. We didn’t; we elected a president. Do it again this time. We do not need a queen, and especially one who lies more often than she flies, and she is always flying, either on someone else’s dollar or off the handle about someone questioning… Read more »

Rick B.

Passed by Congress in a reconciliation conference between the House and Senate versions, so as to avoid the 2/3rds majority requirement in the then Democratically-controlled Senate (to avoid a filibuster), and without one single Republican vote, this massive intrusion by the Nanny State into our healthcare industry was ushered through in the wee hours of the morning, and signed before anyone knew exactly what was in it (re: Nancy Pelosi’s famous comment). As “open mike” Biden excitedly gushed before his illustrious Supreme Leader and mentor, “This is Big F-ing Deal !!!” Altered -illegally- several times by Executive privilege, as opposed to Legislative action as required by the United States Constitution, this “signature” POS legislation is destined for the bedpan of history. If you hate your current insurance, you can keep it.

Christine blocher

O every important issue, for me, is ALL Americans are required to be covered with this bogus insurance. Federal and all congress persons!

Richard

It is not caring, not by any comparison. It is a money generating machine for CEOs; it provides some sick glee from those who quail how much good it does, and it fails to meet the needs at a basic level without giving up something to shell out the cost of coverage. It is a shameful failure, and those who voted for it, and the President are to blame. American citizens have abdicated demanding a government of the people. Too many now in office have made it a career and view themselves as superior to the citizens they represent. They have become independent decision makers in collaboration with other cronies and often in isolation to the public. Many assume an arrogant attitude and do not deserve to serve as currently established. Mandatory term limits are far beyond enactment. Their retirement benefits, the other main perks, safeguarded and protected work-site, a… Read more »

eagle-eye

I have waited years to say this…”told you so you Democrats” who believe in giving the farm away and paying for programs hundreds of years from now. Let the future generations pay it, we won’t be here.

Well, guess what DEMS, you have to pay the increase just like the rest of us citizens who you rangled into believing the utopia of a free or reduced health care would be great for everybody else. I’m glad to see that your getting up the a** jsut like the rest of us!!! Your party sucks!

The end of this is near…vote people, Tues Nov 8th, let’s get this done once and all!

Tom Roberts

The people voting for clinton should realize that LIARS never change. They just tell more lies to cover previous ones. We should donate hearing aides to them and turn the volume to high.

Steve Brown

Politicians don’t know anything about healthcare. This plan was dead on arrival. Everyone has a present or future need for healthcare services. Healthcare is very costly… so insurance is wise. Insurance only works when there is a huge pool of mostly healthy participants to counter balance the cost of treating the sick and ailing. Human nature, being what it is, means that most people do not want health insurance when they are healthy. They only seek insurance coverage when they perceive a real and immanent need. This is why the early adopter of Obamacare liked the plan. These early adopters had significant health problems (the uninsurables). Because of the health problems of these early adopters AND because the mass population of healthy people did not sign up, the insurer companies recognized huge losses on Obama care coverage. One by one, they have opted out of Obamacare. Predictably, there will be… Read more »

Hen3ry H

On the surface this albatross didn’t make sense.
More health care for more people with better quality and for less
And the Federal Bureaucrats who are in charge are going to use the IRS to enforce it.
But Congress exempted themselves. I guess they don’t trust there own creation.

Did anyone watch the bipartisan meeting at the Blair House during the (?) debate before passage of the ACA.
Barrack used his typical insulting mocking tone on anyone who questioned his Supperior intellect
What a guy.
And what a bunch those Dems were

John F Pastirchak

Remember Jonathon Gruber’s smug remark about counting on “the stupidity of the American people” to pass the ACA? Who’s stupid now?

Denis Wittman

single payer and reduce benefits here they come

Lee McQuillen

Can’t find medical insurance for my 55 year old husband. Premium jumped to what the mortgage is – in the 33% range! Not much available where we live and premiums are not affordable. Penalty will be a lot less but doesn’t help if there’s a hospitalization, etc. Obamacare needs to go! And United Healthcare was a big proponent for that and now they’re pulling out! If normal people could see the fallacies in it, why couldn’t the so-called educated politicians.

Steve

Dan are you saying the American people in some states to start will have no choice ? Say it’s not so . You can keep your doctor right , you can keep your plan right , your rates won’t go up right . As Billie would say it’s crazy .

HAM

Has anyone read Paul Ryan’s & the GOP’s plan @ ABetterWay.speaker.gov? It includes the economy, tax reforms, national security, poverty, the constitution & healthcare. If you haven’t please read. It’s not a return to preObamacare plans (calling them status-quo) and neither does it say private policies under their plan will equal employer backed plans. It states they would “strengthen Medicare Advantage and repeal the most damaging Medicare provisions”. They don’t go into detail of whether it will be co-pay based or deductible based. That is what I would be interested to see, how it affects the people’s pocketbook. It doesn’t state (as far as I can tell) whether private insurance would be purchased on an insurance exchange or through an insurance company (or agent) direct but it appears the federal government would be makig the guidelines but maybe not administering it. They are attempting to right the Obama administrations wrongs.… Read more »

Shadow64

Oh yeah, and did I mention career college students?