December 23, 2016
What Will America Look Like after Obamacare?
Americans have to understand that repealing Obamacare is not an episode of Bewitched, where a twitch of the nose brings results. Perhaps President Obama knew this when he signed into law this disastrous bill in 2010. It is now so entrenched within our society that is has become similar to a virus that infects the whole computer, destroying everything in its path. The analysis from the Center for Health and Economy estimates that the cost of premium subsidies under the Affordable Care Act will increase by $9.8 billion next year. This is an increase on average of 25 percent, but some states like Arizona will jump as high as 116 percent. Also expected is the loss of insurers, which will drop by 28 percent. Remember the famous line: if you like your insurance, you can keep it? Not this year, where one in five consumers must choose from a single insurer after major national carriers such as UnitedHealth Group, Humana, and Aetna scaled back their...(Read Full Article)