Obamacare Premiums are On the Brink of a Death Spiral

In spite of its name, the Affordable Care Act, has led to health insurance plans that are anything but affordable. New data suggests that consumers can expect to see enormous rate hikes for the supposedly mid-priced “Silver” plans, which are used as the benchmarks for premium subsidies. These year-over-year increases could begin to tip the…
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Obamacare is Pushing Insurance Premiums Sky High

It’s been a bad two weeks for Obamacare. It’s been a worse two weeks for those shopping for health insurance in the Obamacare exchanges. Just take a look at some of the latest headlines and news from around the states: Problems for Obamacare: Largest Texas insurer asks for big price hike. And we’re not talking…
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Lagging Youth Enrollment Continues to Drive Up Obamacare Costs

Congratulations, Obamacare! You’ve done it. You’ve successfully hit one of your most important targets: 2.8 million young-adult enrollees. Sure, that target was for last year, and your failure to come anywhere close was one of the primary reasons that insurers dramatically increased health insurance premiums. And sure, by now you were supposed to have around…
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Get Ready, Obamacare is Pushing Health Insurance Costs Up Again

Major insurers are already proposing massive increases in health insurance prices for next year, further undercutting Democrats’ promise that Obamacare would reduce health costs for families. Louise Radnofsky writes for the Wall Street Journal: Major insurers in some states are proposing hefty rate boosts for plans sold under the federal health law, setting the stage…
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Obamacare’s 5th Birthday Brings Mourning, Not Celebration

Obamacare turns five years old today. Unfortunately, it seems to age in dog years, the days lengthened by endless rounds of news reports and stories about its purported merits or demerits. . The website doesn’t work, the SHOP exchange is delayed, the employer mandate is postponed, the long-term care insurance system is dismantled, premiums are…
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Another Year of Soaring Health Care Premiums Under Obamacare

On at least 19 difference occasions, President Obama promised Americans that Obamacare would reduce the average family’s health insurance premium by $2,500 per year. Somehow, this has been one of the least talked about, but most important broken promises of the Obamacare sales pitch. In 2013, health insurance prices rose by as much as 200…
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Democrats’ Struggling to Hide the Truth About Obamacare

Want to know what’s wrong with politics in America? Look no further than Democratic Senator Chuck Schumer’s verbal jujitsu in an attempt to un-tell the truth. In an interview that aired on Thursday Schumer, one of the ideological heavyweights in the Democratic party, said “our insurance department is empowered to protect families and we’re going…
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Sebelius’ Wrongheaded Definition of Insurance Has Real Costs for Young Adults

What is insurance? The dictionary would define it as “the equitable transfer of the risk of a loss, from one entity to another in exchange for payment. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.” I think most people understand the definition. Unfortunately, the…
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Actuaries: Yes, Obamacare Bends the Costcurve…Straight Upwards

“If you already have health insurance and you want to keep that health insurance, we will bring down premiums by $2,500 for the typical family,” then-Sen. Barack Obama at a campaign event in 2008. Maybe you could chalk those comments up to a presidential candidate saying what he needs to to get elected. But throughout…
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