UNDER OBAMACARE EXPANSION, MEDICAID ENROLLMENT 110% HIGHER THAN PROJECTED

In April 2015, the foundation began tracking the 24 states that expanded Medicaid. The states projected that only 5.5 million adults would enroll.

“Newly-obtained data from these 24 states shows that at least 11.5 million able-bodied adults have now enrolled in Obamacare expansion—an overrun of 110 percent or more than double projections,” the report said. “Some states have signed up more than four times as many able-bodied adults as they said would ever enroll.”

The states that have expanded Medicaid since that time—Alaska, Indiana, Louisiana, and Montana—have all enrolled more able-bodied adults than projected.

http://www.infowars.com/under-obamacare-expansion-medicaid-enrollment-110-higher-than-projected/

This Is How Much Your Health Insurance Payment Is About To Jump By

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It’s official: years of warnings that Obamacare will lead to dramatic increases in healthcare premiums are about to be validated.

As the WSJ writes, big health plans stung by losses in the first few years of the U.S. health law’s implementation are seeking hefty premium increases for individual plans sold through insurance exchanges in more than a dozen states.

To be sure, we have extensively covered the imminent danger of rising healthcare prices as a result of Obamacare’s intrusive intervention in the insurance sector; however now that this is about to become mainstream information, we expect consumers to hunker down and save even more in anticipation of what is about to be a shock price increase for millions of middle-class American families.

As the WSJ reports, the insurers’ proposed rates for individual coverage in states that have made their 2017 requests public largely bear out health plans’ grim predictions about their challenges under the health-care overhaul. According to the insurers’ filings with regulators, large plans in states including New York, Pennsylvania and Georgia are seeking to raise rates by 20% or more.

http://www.zerohedge.com/news/2016-05-26/how-much-your-health-insurance-payment-about-jump

THIS IS HOW MUCH YOUR HEALTH INSURANCE PAYMENT IS ABOUT TO JUMP BY

As the WSJ writes, big health plans stung by losses in the first few years of the U.S. health law’s implementation are seeking hefty premium increases for individual plans sold through insurance exchanges in more than a dozen states.

To be sure, we have extensively covered the imminent danger of rising healthcare prices as a result of Obamacare’s intrusive intervention in the insurance sector; however now that this is about to become mainstream information, we expect consumers to hunker down and save even more in anticipation of what is about to be a shock price increase for millions of middle-class American families.

As the WSJ reports, the insurers’ proposed rates for individual coverage in states that have made their 2017 requests public largely bear out health plans’ grim predictions about their challenges under the health-care overhaul. According to the insurers’ filings with regulators, large plans in states including New York, Pennsylvania and Georgia are seeking to raise rates by 20% or more.

http://www.infowars.com/this-is-how-much-your-health-insurance-payment-is-about-to-jump-by/

Obamacare plans put big dent in customers’ wallets

One in 10 Obamacare customers who earn between just two and five times the federal poverty level will have coverage costs that exceed 21 percent of their incomes, an analysis by the Robert Wood Johnson Foundation and the Urban Institute found.

And the median Obamacare customer who earns in that range spends more than 10 percent of their income on monthly premiums and out-of-pocket health expenses, the analysis found.

http://www.cnbc.com/2015/12/24/obamacare-plans-put-big-dent-in-customers-wallets.html

HEALTH INSURANCE ISN’T REALLY INSURANCE

Life insurance works because insurance companies can play the averages. Some people who own a life insurance policy will die before the insurance company earns enough money on the premiums to pay the death benefit. In this case the company loses money. It offsets these losses with the gains it makes on those who die long past the point where they have broken even on the premiums they have paid relative to the death benefit they will receive.

Discrimination in the life insurance market is not only a fact of life; it is fair. Every policy holder pays according to his odds of death. People are free to undertake risky activities, but they must pay the price. People who choose to live less risky lives — that is to say, avoiding those activities that increase one’s probability of death such as skydiving or smoking — lose out on the enjoyment these activities may provide, but they gain by paying less for life insurance.

http://www.infowars.com/health-insurance-isnt-really-insurance/