{"id":29049,"date":"2016-08-17T19:37:50","date_gmt":"2016-08-17T23:37:50","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=29049"},"modified":"2016-08-17T19:37:50","modified_gmt":"2016-08-17T23:37:50","slug":"the-crash-of-obamacare","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=29049","title":{"rendered":"The Crash Of ObamaCare"},"content":{"rendered":"

On Monday The Washington Free Beacon<\/a> posted an article about changes in ObamaCare<\/a>.<\/p>\n

The article reports:<\/p>\n

Aetna<\/a>,\u00a0one of the largest health insurers in the United States<\/a>, announced Monday it would be dropping out of 70 percent of the counties in which it offers coverage through Obamacare, also known as the Affordable Care Act.<\/strong><\/p>\n

According to Business Insider<\/a>:<\/strong><\/p>\n

\u201cThe firm said that, after a review of its public health-exchange business, it determined that the nearly $200 million in pretax loss that it was sustaining on an annual basis was not worth the business.\u201d<\/strong><\/p>\n

Aetna will continue to offer health care options through the public exchanges in Delaware, Iowa<\/a>, Nebraska, and Virginia<\/a> but its services have been reduced from 778 counties to 242.<\/strong><\/p>\n

UnitedHealth Care, another leading health insurer\u00a0announced<\/a>\u00a0its decision to completely quit Obamacare by 2017 in April:<\/strong><\/p>\n

\u201cAetna\u2019s and UnitedHealthcare<\/a>\u2019s decisions to scale back is\u00a0problematic for customers because\u00a0the number of insurers competing\u00a0through the exchange is closely linked with the affordability of the plans<\/a>.\u201d<\/strong><\/p>\n

The collapse of ObamaCare is partially a result of the design of the program–it was designed to collapse so the Democrats could go to full government health insurance<\/a>–and partially the result of the House of Representative refusing to fund reimbursements for insurance companies.<\/p>\n

In May of this year, I reported<\/a>:<\/p>\n

Today The Los Angeles Times<\/a> reported:<\/strong><\/p>\n

A federal judge ruled for House Republicans on Thursday in their suit against President Obama<\/a> and declared his administration is unconstitutionally spending money to reimburse health insurers without obtaining an appropriation from Congress<\/a>.<\/strong><\/p>\n

The judge\u2019s ruling, though a setback for the administration, was put on hold immediately and stands a good chance of being overturned on appeal.<\/strong><\/p>\n

In North Carolina, there will only be one health insurance company left that will be operating through the ObamaCare health exchange. Stay tuned. The rise in ObamaCare premiums in most states is going to astronomical.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

On Monday The Washington Free Beacon posted an article about changes in ObamaCare. The article reports: Aetna,\u00a0one of the largest health insurers in the United States, announced Monday it would be dropping out of 70 percent of the counties in … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[6073,712,10251,160,7,10252],"class_list":["post-29049","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-aetna","tag-democratic-party-united-states","tag-government-health-insurance","tag-los-angeles-times","tag-obamacare","tag-obamacare-reimbursements"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/29049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29049"}],"version-history":[{"count":1,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/29049\/revisions"}],"predecessor-version":[{"id":29050,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/29049\/revisions\/29050"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}