To hear all the catastrophic laments of the left as President-elect Donald Trump prepares to take office as the 45th president of the United States, one would think Chicken Little’s prediction that “The sky is falling” was really about to happen.
Why are the Democrats, Socialists and those who follow them in such a tizzy? Besides the MANY issues that they have with Trump, one of the most valued promises I believe he made to the American people as he ran for president was that he would repeal and replace the Patient Protection and Affordable Care Act (fondly, or not so fondly, known as Obamacare).
During the past election cycle, Obamacare continued its death spiral, which seems to have gone on steroids for the year 2017.
Here are a few of the conditions that are contributing to the unpopularity of Obamacare, except in the leftist circles that seem to prefer staying aboard the Titanic as it sinks.
- Out of the 23 non-profit insurance co-ops that launched with the roll-out of Obamacare, only six remain standing. One of the most recent co-op failures is Health Republic Insurance of New Jersey with a whopping $46 million in debt, according to a September article by Fox News.
- Insurers are claiming big losses and even leaving some state exchanges. The companies that are still operating in the state and federal exchanges are raising their premiums for 2017.
- The average expected premium hike is approximately 8 percent. However, in some areas, according to Forbes Magazine, the average individual market will experience a premium increase of 24 percent.
This is just a thumbnail sketch of the miseries brought on to the average middle class American by Obamacare. I follow many people and groups on Twitter that talk about how worthless Obamacare is to them with its high premiums and deductibles.
However, this is what I hear from the Democrats and those who follow them- they say that if Obamacare is repealed, MILLIONS of people will go without health care. This just is not true. Although I have some rather anti-establishment views regarding any “replacement” of Obamacare that I will outline in future posts, the Republicans have made it clear that they have NO plans to pull the rug out from anybody, and they are discussing how to deal with challenges such as how to make sure that insurance for medical needs is available to everybody, including those with pre-existing conditions.
I have so much to say about this issue because it has been near and dear to my heart ever since the ACA was voted in, so stay tuned for more posts on this subject.