Obamacare is in crisis: Obamacare has already failed. - Insurance News | InsuranceNewsNet

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May 4, 2017 Newswires
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Obamacare is in crisis: Obamacare has already failed.

Congressional Documents & Publications

Obamacare Is In Crisis

May 4, 2017

The news out of Iowa and Virginia this week--more insurers leaving the market--is another urgent reminder that Obamacare has already failed. Today we have the opportunity to take the next step to rescue people from this collapsing law:

SKYROCKETING PREMIUMS

"Obamacare premiums to go up by double digits" (The Washington Post)

"Is Obamacare really affordable" Not for the middle class" (CNN)

"Middle-Class Americans Face Biggest Strain Under Rising Obamacare Costs" (NPR)

"Obamacare Customers Face Big Price Hikes Next Year" (Huffington Post)

"With Obamacare Options Slim In The Lehigh Valley, Many Feel Priced Out Of Health Coverage" (The Morning Call)

"Obamacare Plan Premiums In 2017 Higher Than Expected And For Worse Coverage" (Forbes)

FEWER CHOICES

"One-Third Of Counties Will Have Just One Obamacare Insurer By 2017" (TIME)

"Obamacare Options" In Many Parts of the Country, Only One Insurer Will Remain" (The New York Times)

"Thousands of Obamacare Customers Left Without Options as Insurers Bolt" (Bloomberg)

"Obamacare Costs Up, Choices Down In Missouri And Kansas" (KSHB)

"S.C. residents hit with higher rates, fewer choices when purchasing health insurance through Obamacare" (The Post and Courier)

"Hoosiers Face Higher Premiums, Fewer Choices For Obamacare Coverage" (Indianapolis Business Journal)

COLLAPSING MARKETS

"Shaky Obamacare Market Adds to 'Death Spiral' Fears" (Bloomberg)

"Obamacare co-ops at risk of failing after billions in loans" (The Hill)

"Most Obamacare Co-Ops Have Now Failed" (Free Beacon)

"More than half of ACA co-cops now out of insurance marketplaces" (Washington Post)

THE WORST IS YET TO COME

"Aetna CEO: Obamacare markets are in a 'death spiral'" (POLITICO)

"Health Insurers Warn Of Wider Defections From ACA Marketplaces For 2018" (The Washington Post)

"The Obamacare exodus has begun. Humana announced it is pulling out of Obamacare for 2018-" (CNN)

"Aetna will exit Obamacare markets in Virginia in 2018, citing expected losses on individual plans this year" (CNBC)

"Iowa may be without individual health plans if insurer pulls out" (USA TODAY)

"Consumers seek relief as 'Obamacare' rates rise" (Arizona Republic)

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