Obamacare: As premiums go up and tax subsidies go up, how will it be paid for?

[Skwmom]

Clinton wants to add to it. Well how is her plan paid for?
O'Malley how does he pay for his plan? I take it he wants to also add to Obamacare?

In the State of Florida:

Prepare to pay an average of 9.5 percent more for your Obamacare health insurance plan next year if you don't qualify for federal subsidies. But consumers who qualify for subsidies and choose the most popular plans should see significant savings.

Florida's Office of Insurance Regulation on Wednesday announced that premiums for individual major medical plans sold on and off the federal exchange would increase an average of 9.5 percent beginning Jan. 1.

Yet, premiums will decrease significantly for individuals and families in most counties who qualify for federal subsidies and buy the most popular mid-priced "Silver" plans. That's largely because federal subsidies will increase to offset the premium hikes.

The 9.5 percent average increase is less than the 13.2 percent average increase reported a year ago for the 2015 plans, but critics say it confirms what they've been long saying about the Affordable Care Act.
"ACA-compliant plans are required to include certain benefits, and the insurance companies are pricing those benefits into the plans, which means premiums are increasing," Mr. Snyder added. "In a lot of cases, the insurance company's claims liability is not increasing, though, and that ends up being profit."

Over the past five years, as the five largest insurers consistently beat the S&P 500, overall profits rose substantially.

"There is greater demand for health care and that has improved profits for insurers and hospitals," Phil Orlando, chief equity strategist at Federated Investors, explained to CNN Money.

Last year, after profits exceeded expectations, Aetna opted to expand its private health insurance products on government exchanges into Georgia, the seventeenth state for the health insurance giant.
Aetna beats profit estimates: Who are the real winners with Obamacare?


http://www.csmonitor.com/Business/2015/0804/Aetna-beats-profit-estimates-Who-are-the-real-winners-
with-Obamacare

I stand by my previous comments: Obama is not fiscally sustainable. We need to cut out the middleman.

[onecaliberal]

1. And it doesn't even cover 26 million people. What about them.

[Skwmom]

4. Thousands die each year. But who cares, it not the issue we are pushing this year.

And we call ourselves Democrats. And they call the man who does give a damn about this the non-Democrat.

[onecaliberal]

5. It makes my head want to explode.

[liberal_at_heart]

2. Yeah, I didn't hear Democrats asking how we were going to pay for the ACA. Why do they

all of sudden care how we are going to pay for single payer?

[hill2016]

3. the middlemen are losing money

soon they will quit all on their own.

http://money.cnn.com/2016/01/19/news/economy/unitedhealth-obamacare/

UnitedHealth expects to lose nearly $1 billion on Obamacare

UnitedHealth warned in November that it might pull out of the Obamacare exchanges altogether in 2017, citing higher-than-expected claims. In particular, it blamed the large number of members signing up outside the open enrollment period who were using a lot of medical services.

[Skwmom]

6. I'm sure they will get their premiums raised. We protect corporate profits in this country.

We are a capitalistic society after all. We have our priorities.

[hill2016]

8. if you have people try to cheat the system

like sign up after the enrollment period without verification no matter how much you raise the premiums the entire system is not viable.

[Skwmom]

9. Without verification? n/t

[hill2016]

7. even Aetna

which your article quotes is losing money

http://www.bloomberg.com/news/articles/2015-11-20/obamacare-s-fate-may-rest-on-patience-of-insurers-aetna-anthem

The fate of Barack Obama’s signature health-care law may depend on how long Anthem Inc. and Aetna Inc. are willing to wait before starting to make money off it.
The two insurers are on the hot seat now that UnitedHealth Group Inc. appears unlikely to linger as a seller on the Affordable Care Act’s government-run markets. UnitedHealth, the U.S.’s largest health insurer, said Thursday that if it can’t turn a profit, in 2017 it may quit the health plan marketplaces where millions of Americans buy coverage.
While UnitedHealth has a small share of that market, Anthem and Aetna are two of the biggest players. Like UnitedHealth, neither has had financial success there -- Aetna has said it’s losing money, while Anthem is making less than it would like. They’re both working to widen profit margins and have said their strategy is based on the expectation that covering people under the law will become more profitable.