Healthcare now costs more than mortgages
Thanks Obamacare....which was sold to the public as a 'fix' for sky rocketing health care costs/coverage. It was supposed to be a lifeline for struggling families.
Instead, it became the golden goose for big insurance, big pharma and big gov.
Since the creation of and expansion of the MANY gov health programs Obamacare promoted/created, health insurer stock prices have surged, reflecting the financial benefits THEY gained from said GOVERNMENT FUNDED programs. (ie, taxpayer funded).
The average American family now pays over
Paying for healthcare has now become the top financial worry for American families, eclipsing housing, groceries and retirement. Every year, patients are paying more while getting less... and taxpayers are footing the bill. (Keep in mind that privately employed people are also footing the bill for ALL gov. employee health care premiums as well...(yes, most pay in 19% but that is still taxpayer money as everything they get is taxpayer funded.)
Locally, the
So, if privately employed families and individuals aren't getting killed with ever higher health insurance premiums, they ALSO have to cough up the $$$ for gov employee insurance, gov funded medical facilities and programs. (ie, Medicaid - which is certifiably FULL of GRAFT)
ALL THIS IS DONE VIA TAXATION. SO, the 50% of us who pay taxes pay for ourselves...and everyone else to boot (the 50% who pay no taxes.) Now big INSURANCE COMPANIES, BIG PHARMA, many hospitals, et al, are laughing all the way to the bank.
MASS FRAUD from insurers, ballooning profits at so called 'non-profit' hospitals & skimming by PBMs (so called pharmacy benefit 'managers') add insult to injury. BOTH gov and private health entities continue to FLEECE the PUBLIC. (that would be taxpayers)
The 'system' isn't just broken. It's crashing and burning...and taking taxpayers down with it....while certain entities take the money and run.
Fine kettle of fish...not!
C.A.


US Workers’ Health Insurance Costs To Soar Amid Affordability Crisis, Survey Says
'Hard to top this level of dystopia': Trump admin ripped for plan buried in Obamacare rule
Advisor News
- The 6X Formula for leveraging content marketing with AI
- When a home becomes difficult to insure, the plan changes
- The inheritance gap: Helping clients plan for money that hasn’t arrived
- After the midterms: Addressing your clients’ tax concerns
- Berkeley arts tax heads toward passage while public bank measure looks likely to fail
More Advisor NewsAnnuity News
- Regulators advance shorter, streamlined annuity buyers guide
- Annuity sales hit record $126.3B as RILA sales top $25B
- More pre-retirees rethink retirement as income-planning concerns grow
- AM Best Affirms Credit Ratings of Knighthead Annuity & Life Assurance Company and Merit Life Insurance Co.
- Jackson reports record annuity sales, increases share repurchase authorization
More Annuity NewsHealth/Employee Benefits News
- ACA premium increases in double digits for second year
- New Va. subsidies help lure people back to health insurance
- Oscar Launches New Wave of Consumer Health Insurance Products to South Carolina Individuals and Families
- STATE AUDITOR JAMES BROWN HELPS STOP ADDITIONAL $9.5M IN UNSUPPORTED PAYOUTS CONNECTED WITH OBAMACARE FRAUD SCHEME, BRINGING TOTAL SAVINGS TO $55.6M
- Will CVS corporate break-up impact Aetna’s Hartford campus? Not for ‘time being’
More Health/Employee Benefits NewsLife Insurance News
- New Jackson Study Finds the "Sandwich Generation" Squeeze Comes from More Than Two Sides and It’s Quietly Draining Retirement Savings
- Samsung Fire & Marine Insurance to Acquire Outstanding Stake in Canopius with KKR and KIC
- Start estate planning before the family needs it
- Best’s Market Segment Report: Health and Property Lines of Business Drive Hong Kong’s Non-Life Insurance Growth
- AM Best Affirms Credit Ratings of Central States Indemnity Co. of Omaha and Its Subsidiary
More Life Insurance News