Thanks To Trump Your Health Insurance Premiums Are Going Up By 34% Next Year

[applegrove]

By Jason Easley at Politicus USA

http://www.politicususa.com/2017/10/25/trump-health-insurance-premiums-34-year.html

"SNIP.........

If you or your employer gets your health insurance on the exchange, thanks to Donald Trump, your premiums are going to go up by 34% in 2018.

The AP reported:

The analysis of newly released government data by the consulting firm Avalere Health found that the Trump administration’s actions are contributing to the price hikes, adding instability to the underlying problems of the health law’s marketplaces.

The 34 percent average increase is for silver plans in states using HealthCare.gov. Premiums also are going up by double digits for plans with different levels of coverage, including bronze (18 percent), gold (16 percent), and platinum (24 percent).



Trump thinks that he is killing Obamacare, but what he is really doing is increasing premiums. If you think you are immune from this hike because you don’t get your insurance through the exchange, think again. Because Trump killed the CSR payments, everybody’s premiums are going up to cover the money that Trump won’t be spending.


............SNIP"

[still_one]

1. and we deserve it, because the people in this country put this asshole in the WH. Elections have

consequences, and the 47% who didn't vote, along with those who refused to vote for the Democratic nominee, and instead voted third party are responsible for this bullshit.

There is no excuse, so as harsh as this may sound, I hope those responsible for this feel the brunt of it. Perhaps they will learn something from it

[WillowTree]

2. There will no doubt be rate increases for 2018, but.......

.......not because the insurance company cost sharing subsidies are being discontinued. Open Enrollment begins for 2018 in a week. No way can new rates be calculated, reviewed and approved by the various governmental agencies that have to approve them, programmed and deployed in the two-and-a-half-weeks between when that was announced and the opening of the exchanges. Things just don't happen that fast regardless of what some consulting firm says.

2019 might be an entirely different story.