News out of Washington now made many Americans cry, “Ouch!”
Of course, we are talking about President Obama's signature legislation, the Affordable Care Act, which is inside a full-on death spiral.
Just weeks prior to the election, the Department of Health and Human Services has announced the premium increases for ObamaCare for next year. And – spoiler alert – there was not a single year in which they've become more “affordable.”
Unfortunately, hanging out your kitchen table planning your family plan for the coming year got much more difficult. In 2021, the average mid-level ObamaCare plan – a “Silver Plan” – will cost you 22 percent more than 2021.
Let's start with the most obvious. The average middle-class worker in the usa isn't getting a 22 percent raise next year.
No, following the lost decade during which wages didn't budge, this season we might end up with a minor increase of maybe, just maybe, only 2 percent.
But the ObamaCare clowns – consultant Jonathan Gruber and plan architect Dr. Ezekiel Emanuel – are out in full force, stating that should you switch plans, you can avoid the increase.
Right. So switch the already unspeakably high-deductible, high-co-pay mid-level plan by having an even higher-deductible and higher-co-pay plan just to get down to a, say, 17 percent increase. There's some brilliant economics for you.
ObamaCare is destroying the remainder of America's healthcare and economics.
A wiser option ended up being permit those found on welfare or food stamps also to obtain free health care at the nearest hospital or clinic, and supply for government reimbursement under its vast Medicaid umbrella.
Or permit insurance companies to cross state borders and increase competition.
It seems our biggest health-care crisis might have just begun.
