Katie Niederee, Julia Lawless (202)224-4515
Obamacare Collapse Continues
As Republicans continue to work to right the many wrongs of Obamacare, one thing remains clear: The status quo is unacceptable.
Skyrocketing premiums and collapsing coverage have forced many American families and small businesses to pay more for their health care while being offered less coverage. Unfortunately, the outlook for this disastrous law keeps looking worse, not better.
Day after day, headlines emerge highlighting the reality of Obamacare’s failures and pointing to the fact that the time is now to rescue the American people from this misguided law and put in place affordable, patient-centered reforms.
Here’s a look at what they are saying:
Wall Street Journal: Insurers Look to Ramp Up Premiums in Health Law Exchanges, “The biggest ACA-plan insurers in Delaware, Virginia and Maryland are asking for average increases greater than 30% for next year. In Oregon, North Carolina and Maine, the rate proposals from market leaders were around 20% or higher. The insurers’ proposals reflect continuing struggles under the 2010 health law to enroll enough healthy people to offset the costs of the sick…” (June 16, 2017)
CNBC: Anthem CEO: Certain Obamacare markets are not sustainable, “Anthem, which sells Affordable Care Act plans in 14 states this year, left the door open to dropping out of other states this year…‘We've also said that it's possible without the right kinds of changes with respect to funding levels and other regulations associated with the Affordable Care Act that we may have to exit certain markets because those markets are not sustainable…’" (June 15, 2017)
Washington Examiner: Higher premiums, fewer insurers expected in Obamacare next year, “Proposed 2018 exchange premiums for the silver plan, the most popular of Obamacare's three metal plan tiers, are 18 percent higher than this year…To date, 47 counties covering around 34,000 enrollees would have no participating insurer on their exchange…” (June 19, 2017)
The New York Times: For the First Time, 45 Counties Could Have No Insurer in the Obamacare Marketplaces, “Next year, about 35,000 people buying insurance in Affordable Care Act marketplaces in 45 counties could have no carriers to choose from. This would be the first time that has happened since the marketplaces were opened in 2014. The estimate is based on a New York Times analysis that also found that about 3 million people in 1,388 counties could have just one insurer available to them.” (June 9, 2017)
Fox Business: Anthem to exit ObamaCare marketplace in Ohio, “Anthem the only state-wide insurer left in the state of Ohio announced it will be pulling out of every county’s ObamaCare exchange, leaving 19,000 Ohioans without any options…The decision could leave 20 counties within the state without access to coverage under the Affordable Care Act…” (June 6, 2017)
CNN Money: More insurers drop Obamacare, even in a state with a healthy exchange, “Washington State has had a fairly healthy Obamacare exchange -- until now, that is. Two counties won't have any insurers participating in the individual market -- either on the state's Obamacare exchange or off of it -- next year unless another company steps in…This could be trouble for the more than 3,300 people in those counties…” (June 8, 2017)
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