Predicable and predicted, and a good reminder on this tax weekend. Never forget, both the Democrat and Republican machines let this disaster roll along. While exempting themselves from this chaos, of course. With the pending “death spiral,” the idiots responsible for this think it’ll be their opportunity to declare Single Payer is the only way out.

You know what resorting to Single Payer is? It’s like sending the Hindenburg to rescue the passengers on the Titantic.

Via The Hill.

Health insurance companies are amplifying their warnings about the financial sustainability of the ObamaCare marketplaces as they seek approval for premium increases next year.

Insurers say they are losing money on their ObamaCare plans at a rapid rate, and some have begun to talk about dropping out of the marketplaces altogether.

“Something has to give,” said Larry Levitt, an expert on the health law at the Kaiser Family Foundation. “Either insurers will drop out or insurers will raise premiums.”
While analysts expect the market to stabilize once premiums rise and more young, healthy people sign up, some observers have not ruled out the possibility of a collapse of the market, known in insurance parlance as a “death spiral.”

In the short term, there is a growing likelihood that insurers will push for substantial premium increases, creating a political problem for Democrats in an election year.

Insurers have been pounding the drum about problems with ObamaCare pricing.


This section is for comments from's community of registered readers. Please don't assume that Tammy agrees with or endorses any particular comment just because she lets it stand.
2 Comments | Leave a comment
  1. ancientwrrior says:

    Jumping out of the frying pan and into the fire. There, that should work!

  2. Maynard says:

    “Insurers will push for substantial premium increases…” With respect to the Obamacare exchanges, or in general? Sometimes it’s hard to tell what segment is being focused on, or how relevant that segment is to the big picture. My personal Anthem policy, which I’ve held on to since before the passage of Obamacare (a “grandfathered” policy) has gone through a rapid series of hikes since the “Affordable Care Act” was passed. When Obama signed the ACA, my premiums were under $2,000 a year; now they’re a tad under $6,000. That’s real money, and of course the opposite of what we were promised. (I’m in mid-life and my income is nowhere near what the Democrats define as “rich”, and my policy is minimal and in no way a “Cadillac policy”. So I was in a demographic that was supposed to save money.)

    What really bugs me is the people who go around saying how well Obamacare is working. Anybody who pays their own premiums and isn’t poor enough to get subsidized knows what a pack of lies it is. But the mainstream media says everything is fine, and only complaints are from racist extremists. How do you argue with people who are insulated from reality?

You must be logged in to post a comment.