Congress grapples with looming Obamacare
premium hikes ahead of midterm elections
Washington Times,
by
Susan Ferrechio
Original Article
Posted By: Ribicon,
7/12/2022 8:34:40 PM
Democratic lawmakers making a last-ditch attempt to pass a tax and spending bill are now weighing whether to extend pandemic-era Obamacare subsidies to avoid skyrocketing premiums that will hit just as voters head to the polls in November. Senate Democrats negotiating the broad package are under pressure to include additional funding for the subsidies. Democrats approved the subsidies in March 2021 as part of a $1.9 trillion COVID-19 relief package. The subsidies are set to expire on Dec. 31. If the subsidies are not extended, health policy experts say, premiums in the 33 states that use the government health care marketplace will rise by 53%
Reply 1 - Posted by:
itsonlyme 7/12/2022 9:12:51 PM (No. 1214604)
Hussein
“That means that no matter how we reform health care, we will keep this promise to the American people: If you like your doctor, you will be able to keep your doctor, period. If you like your health-care plan, you’ll be able to keep your health-care plan, period. No one will take it away, no matter what.”
His wife, the Always Angry Wookiee, nods with approval
11 people like this.
Reply 2 - Posted by:
stablemoney 7/12/2022 9:23:52 PM (No. 1214615)
The trouble with socialists is everything they mandate requires government subsidy. Eventually, everyone needs the subsidy.
11 people like this.
Reply 3 - Posted by:
Timber Queen 7/12/2022 9:30:50 PM (No. 1214622)
OP - Trump, and the American people, were thwarted by McPain flying in from his deathbed to give his Roman thumbs down at midnight. May his soul burn in Hell for all eternity.
23 people like this.
Reply 4 - Posted by:
Ribicon 7/12/2022 9:40:54 PM (No. 1214625)
Ah well! The Democrats get pretty much everything they want, even reversing and trashing everything Trump accomplished within a few months in office, with no resistance from the GOP. So why bother? Even our votes are valueless.
9 people like this.
Reply 5 - Posted by:
Quigley 7/12/2022 9:43:50 PM (No. 1214626)
I understand life expectancy has dropped since obumbumbledum care was passed. United Healthcare stock is up some 2000%. Obumblebeedum is rich.
Obumbum care is crappy insurance but paid for by the gummit for those without means. Everybody gets rich except you and me. Unless you bought bought a large position in United healthcare stock. No doubt pawl peelousey did.
It was supposed to contain costs but healthcare costs are up massively since obumbledum care.
Too bad about the timing with the election.
9 people like this.
Reply 6 - Posted by:
jalo1951 7/12/2022 9:46:54 PM (No. 1214627)
Let them be part of the real world and pay like we do. Out the butt for our premiums.
6 people like this.
Reply 7 - Posted by:
Dodge Boy 7/12/2022 11:09:55 PM (No. 1214662)
My, my, Obie. I seem to remember you spewing that we can keep our doctors and our premiums will be cheaper. I now add you to the Chump Crowd, pal.
3 people like this.
Reply 8 - Posted by:
Nimby 7/12/2022 11:15:42 PM (No. 1214665)
Democrats should be kicked out of the Congress, Senate and WH for eternity!!
Investigate golf and Jan6, and let the country go to dogs!! Let’s see how it turns out in November!
3 people like this.
Reply 9 - Posted by:
Dodge Boy 7/12/2022 11:20:04 PM (No. 1214669)
And by the way, #3, I too, remember Mcpain flying in from his death bed to screw the American people. He was one bad ars and a pp candidate for president. i burned the yard sign given to me after he lost the election. The only thing that disgusts me worse was having pumped money into Pierre Delecto's campaign. That was more my way of stopping the Obiemeister.
8 people like this.
Reply 10 - Posted by:
GoodDeal 7/13/2022 1:23:52 AM (No. 1214714)
But illegals get free healthcare insurance. Why should citizens pay 53% more next year? Ohhhh I see.... to subsidize the illegals. Got it.
10 people like this.
Reply 11 - Posted by:
Trigger2 7/13/2022 3:36:21 AM (No. 1214742)
What? Premium hikes? We all saw that happening.
2 people like this.
Premium hikes for policies with sky high deductibles. Elections have consequences. Obamacare was all about enriching private insurance companies and Big Pharma.
5 people like this.
Reply 13 - Posted by:
mifla 7/13/2022 4:51:58 AM (No. 1214761)
Still waiting for my premiums to go down by $2500 per year.
3 people like this.
Reply 14 - Posted by:
jeffkinnh 7/13/2022 5:58:25 AM (No. 1214791)
Ah, BOCare, the gift that keeps on giving, like Herpes. It imploded under failure to manage costs exactly as predicted by opponents. Thanks to McPain, we haven't gotten rid of this turkey completely and we keep getting flareups of infection.
Here's a proposal for dems that could attract true bipartisanship. Cancel BOCare completely. In exchange, authorize insurance subsidies for the needy for insurance bought on the open marketplace, without BOCare constraints, for a period of 5 years. That gets the government out of intrusive health insurance management and only provides assistance to those in need. It will also allow Republicans to tailor a better healthcare answer in 2025.
This would allow insurance companies to tailor insurance packages to meet customer needs, not government meddling.
1 person likes this.
Reply 15 - Posted by:
Strike3 7/13/2022 8:10:06 AM (No. 1214889)
Obamacare doing what we knew it was going to do the minute the government got its big nose into healthcare. Barry, we curse you again and you can pass that on to John McCain as well.
1 person likes this.
Reply 16 - Posted by:
Gordon Mills 7/13/2022 8:29:47 AM (No. 1214910)
#3, I hope the temperature is increased in his wing for sleazy, rotten, crooked on-the-take politicians:
The Savings and Loan (S&L) Crisis was a slow-moving financial disaster. The crisis came to a head and resulted in the failure of nearly a third of the 3,234 savings and loan associations in the United States between 1986 and 1995.
...
The problem began during the era's volatile interest rate climate, stagflation, and slow growth of the 1970s and ended with a total cost of $160 billion; $132 billion of which was borne by taxpayers. Key to the S&L crisis was a mismatch of regulations to market conditions, speculation, moral hazard brought about by the combination of taxpayer guarantees along with deregulation, as well as outright corruption and fraud, and the implementation of greatly slackened and broadened lending standards that led desperate banks to take far too much risk balanced by far too little capital on hand.
During this crisis, five U.S. senators known as the Keating Five were investigated by the Senate Ethics Committee due to the $1.5 million in campaign contributions they accepted from Charles Keating, head of the Lincoln Savings and Loan Association. These senators were accused of pressuring the Federal Home Loan Banking Board to overlook suspicious activities in which Keating had participated. The Keating Five included:
John McCain (R–Ariz.)
Alan Cranston (D–Calif.)
Dennis DeConcini (D–Ariz.)
John Glenn (D–Ohio)
Donald W. Riegle, Jr. (D–Mich.)
2 people like this.
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Comments:
I seem to remember Donald Trump saying something about replacing Obamacare with something better. Was he blowing smoke, or was he thwarted by the "free market" Republicans, as in numerous other things?