Wednesday, October 26, 2016

The worst of ObamaCare is yet to come!

NY Post ^ | October 25, 2016 

Word that ObamaCare premiums will soar 25 percent in the 39 states that operate off the federal healthcare.gov system is only the tip of the iceberg: The so-called Affordable Care Act is inflicting damage all across America's health-care sector - with no end in sight.
Just as critics warned from the start.
[Snip]
Still ahead: Budget crises in the states that accepted temporary federal bribes to massively expand their Medicaid rolls. More premium hikes on the exchanges, as ever fewer healthy people sign up for coverage - prompting even lower enrollment, and more price hikes, in a sharp "death spiral."
The "Cadillac tax" will kick in soon, too - so if your union has won great health coverage at the bargaining table, that plan will pay a penalty to Uncle Sam.
The legal challenges aren't done yet, either.
[Snip]
Now ObamaCare is collapsing, and presidential frontrunner Hillary Clinton vows to "fix" it with new spending and even more Washington control of the market. If she gets Democratic majorities in Congress, she'll keep that promise - and the madness will grow.
(Excerpt) Read more at nypost.com ...

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