THE LATEST OBAMACARE FRAUD

ObamaCare and fraud.  Now there are two words that go well together.

If you like your insurance you can keep your insurance.  If you like your doctor you can keep your doctor. The average family will save $2,500 a year.  Those are just three of the most outrageous examples. But there are more as well

Yet now, as congress – propelled by Republicans, not Democrats – is looking to fix this unworkable monstrosity, the narrative has arisen that “Well, yeah, ObamaCare had a couple of bumps in the road, but it’s settled now and running well.  If Republicans get rid of it they’ll put health car into chaos and $24 million people will lose their insurance.  That makes Republicans heartless, unfeeling ogres – not like we benevolent, caring Democrats”.

In this regard, Investors Business Daily – which is an ongoing source of facts and common sense I wish a lot more people would rely on – has published an editorial which knocks the stuffing out of this latest ObamaCare fraud.

Here are a few excerpts:

Insurers are starting to announce their ObamaCare premiums for next year and they’re at high double-digit rates. For journalists and Democratic activists (is there any difference these days?), this is the direct result of Republicans’ threat to repeal ObamaCare. But that’s not what insurance companies are telling state regulators.

Here’s how the Democrats’ story goes. After a rough start, ObamaCare was finally on the mend. Those massive rate hikes and insurance defections of last year were a thing of the past, and there was no truth to claims that ObamaCare was in a “death spiral.”

But all the talk of repealing and replacing ObamaCare, the story continues, now has insurers rattled. “The debate has created one thing insurers hate above everything else: uncertainty,” claims NBC News.

And, as night follows day, Republicans will be blamed for it all.

There’s just one problem with this story.

It is not true.

Last year, insurers announced massive rate hikes, as they did the year before, and the year before that. Yet that was when nobody had a reason to think ObamaCare’s future was in doubt. So why, defenders of ObamaCare should be asked, are the double-digit rate hikes this year suddenly the result of “uncertainty”?

We dug out the filings that insurance companies have made in Connecticut, Maryland and Virginia.

What insurers are saying is that the ObamaCare markets are continuing to deteriorate, as they have for years, with mostly older and sicker people signing up, while the young and healthy avoid ObamaCare’s overpriced coverage. The result is a sicker insurance pool that requires higher premiums to cover, which then drives out more young and healthy people, setting off another round of rate hikes.

The inconvenient truth for Democrats is that ObamaCare is failing, and will continue to fail no matter what the GOP does. It is unsustainable and must be replaced. If Democrats wanted to act like mature adults, instead of petty partisans, they’d be as eager to find a replacement for ObamaCare as the GOP is.

Please, please read the entire editorial.  It is fully referenced with verifiable facts.  No “unnamed” or “anonymous” sources here.  The story it tells is not speculative.

It is straight nonfiction.  Which is a lot more than proponents of ObamaCare have fed us for the past 7 years.