Regulator points the finger directly at Trump after approving massive health care rate increase
Source: Think Progress
For years, Republicans have criticized Obamacare for making health care too expensive, misleadingly claiming that the law has led to skyrocketing costs. But now, the insurance industry and state regulators are complaining that it’s actually President Trump’s actions that are directly responsible for raising premiums.
Days after President Trump signed an executive order to allow people to buy skimpier, cheaper health care plans and confirmed the federal government will stop making critical subsidy payments to insurers, the Pennsylvania Department of Insurance announced it has approved a drastic rate increase for plans sold next year both on and off the the state’s Affordable Care Act exchange.
In comments made to the Philadelphia Inquirer, acting Pennsylvania Insurance Commissioner Jessica Altman traced the unexpected rate 30.6 percent increase directly back to President Trump’s decision to cut off the cost-sharing reduction (CSR) payments insurers use to subsidize coverage for low-income people.
Read more: https://thinkprogress.org/insurers-blame-trump-massive-rate-increases-7b509c0687d0/
Hey sexual predator that handed the pen to the asshole from Kentucky Rand Paul, and all of those clapping assholes in the white house when you signed the death(s) certificate, now called the executive order of millions--------------------FUCK YOU................you and your right wing AYN RAND party own this Trumpcare, and it lays like a piece of shit in "all" of your laps
And come 2018 your going to be IMPEACHED and all of your lackeys standing in that room and off in the back ground in there offices are going to be thrown out of office---------------we are coming
= new reply since forum marked as read
My insurance company had requested a 7.9% increase before the moron signed his executive order to end cost sharing payments. Now they are slated to raise rates 41.1%. I pay 100% of my premiums so this means a huge jump in my premiums. I am so angry I could spit.
