Millions of Americans overburdened by Obamacare’s rate increases are about to be socked again, but the LA TIMES says it’s TRUMP’s fault
by: JD Heyes
NaturalNews.com
Saturday, September 30, 2017
Republicans’ failure to repeal and replace Obamacare like they promised to do for seven years means that tens of millions of Americans who are already financially crippled by premium increases and high deductibles as a result of the law will continue to be economically brutalized.
And it’s about to get even worse.
As reported by the Los Angeles Times, the coming rate increases are exemplified by one Denver couple, both electrical engineers who retired five years ago.
The Hansens, who had put away a decent nest egg for their retirement, found themselves decently priced insurance that seemed reasonable to a couple in their late 50s, the paper noted. But then, as Obamacare kicked into overdrive in the years since, insurance prices have risen dramatically. Since 2015, the Times reported, their private insurance premiums have more than tripled and are expected to cost the couple almost $18,000 in 2018.
Frankly, that’s criminal — but not criminal on the part of the insurance companies, who have to provide a higher level of coverage as mandated under the provisions of Obamacare, a Democrat-passed law that is stripping the middle class of more of its wealth. (Related: Fact-check of Bernie Sanders’ claims that Americans are in RUSH to adopt his single-payer system reveals they’re actually NOT.)
“It just doesn’t make sense,” said Jim Hansen, who now has had to recalculate retirement finances.
What is even more absurd, however, is that the Times is blaming the rising prices on President Donald J. Trump and Republicans whose only role in any of this has been their failure to repeal this expensive disaster:
The Affordable Care Act made life-saving protections available to millions, many for the first time. But the transformation of the nation’s insurance markets has been a bumpy ride, particularly for one group — people like Hansen who get health insurance on their own, rather than through a job, but whose income is too high to qualify for government aid.
Now, these same consumers, whom Republicans have held up as victims of the current law, stand to see insurance bills soar even higher unless Congress acts quickly to stabilize insurance markets that have been weakened by the Trump administration.
This kind of revisionist history might play well to the insanely Left-wing readership of the Times, but the paper’s attempt to lay this debacle at the feet of anyone other than Democrats is outrageous.
First of all, there is the fact that not a single Republican voted in favor of the Affordable Care Act. So there are no GOP fingerprints on this bill at all.
The Rest…HERE
