On Tue, June 6, two days before the media fixation on James Comey Day, Mitch McConnell announced that a repeal bill was close to passing.
This is key as the media and the democrats have been working overtime to protect this precious legislative victory of the Obama administration.
However, the reality of the current situation is causing #ACA to implode.
Health insurer Blue Cross Blue Shield announced Thursday that it would not be participating in the invidual market in Nebraska next year, and the remaining insurer hasn’t decided if it will leave also. Blue Cross Blue Shield is projected to lose $12 million this year from offering plans in the state, and the company would need to increase its price for premiums next year by 50 percent. The company previously participated in the Obamacare exchanges, which resulted in $150 million in losses…About 100,000 Nebraskans purchase their health insurance through the Obamacare exchanges, which allow most enrollees to receive tax subsidies to pay for their plans. Medica is the other insurer offering plans on the exchange in Nebraska.
Note that Aetna withdrew from Nebraska as well.
“Anthem the only state-wide insurer left in the state of Ohio announced it will be pulling out of every county’s ObamaCare exchange, leaving 19,000 Ohioans without any options,” he said.
The decision could leave 20 counties within the state without access to coverage under the Affordable Care Act, according to The Wall Street Journal. The insurer will continue to offer plans in one Ohio county, but not through the ObamaCare exchanges.
Remember those Co-Ops? Well one of the last ones that is still standing just took a 30% rate increase.
One of the five remaining co-ops created out of Obamacare has requested rate hikes of 30 percent, New Hampshire Union Leaderreported.
Minuteman Health, which operates in New Hampshire and Massachusetts, is requesting the rate hike due to Obamacare’s Medicaid expansion and the risk-adjustment program.
The Trump Administration will win this argument by the sheer inertia of the collapse of #ACA.