Tag Archives: costs

Obamacare “Grubers” Co-Op (and 80,000 Coloradans)

Comment: Another government comedy of errors.  The Administration doesn’t want you to know Obamacare’s real price, so they’ve aggressively pressed insurers to keep prices low, even sell at a loss.  Meanwhile, losing insurers were promised a share in booty from … Continue reading

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RATE SHOCK: 85% Hikes for California Small Businesses

70% of California Small Businesses to Lose Their Plans in 2016 Comment: How long until reasonable employers discontinue offering insurance? Does anyone remember being told that if you liked your plan you could keep it?  If you already had a plan … Continue reading

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Obamacare Co-ops Crumble: Tennessee

Comment: See?  We told you so.  (And all the King’s horses and all the King’s men, couldn’t put Obamacare together again…) UPDATE – at this writing, eight Obamacare co-ops have flopped. “Tennessee will become the sixth state to shut down … Continue reading

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IL–The Death Spiral Begins

Comment: When costs rise unsustainably (thanks Obamacare!), the first things to go are benefits, to the bone. Then come the rate increases.  And kiss PPOs goodbye. “The state’s largest health insurer is eliminating its most popular individual plan, called Blue … Continue reading

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Obamacare Closes Three Tennessee Schools

Comment: This is why we here at OCTS call it the “UnAffordable Care Act,” (when we’re feeling charitable). “Clay County’s inability to generate the revenue to offset the mandates is what’s caused this to come to a head,” Strong said … Continue reading

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ACA Apparatchik: Good News! Obamnocare’s Limited Choice and Higher Cost-Sharing Are Intentional

Comment: Another Obamacare bait-and-switch—your wallet-busting rate-shock premiums would be even higher except they buried some of the cost into higher deductibles, coinsurance, and co-pays.  It’s a classic Obamacare bait-and-switch (which would be illegal if it were a defective used car, … Continue reading

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Analyst: Obamacare “Sucks”

Comment: “There’s big trouble in Obamacare land.” Yep. “But insurance industry consultant and frequent Obamacare critic Robert Laszewski says that forcing people to change plans in order to avoid huge increases is just one problem of many. “This is a … Continue reading

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The Administration is Lying About Premium Increases

Comment: The Administration is publicly boasting about Obamacare’s supposedly low premium hikes. Meanwhile, they’re paying insurers under the table to keep rate increases lower than they otherwise would be. OCTS has previously published documentation showing that Obamacare has raised individual … Continue reading

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Co-Ops Flop-Out

Comment: Like all things Obamacare, co-ops–one of Obamacare’s taxpayer-supported brainchilds–are in tatters around the country, and Kentucky is home to the worst. “KENTUCKY (8/8/15) — A federal audit of the non-profit health insurance companies formed under federal health reform found … Continue reading

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RATE SHOCK Season III – 34.6% Hikes in North Carolina

Comment: As insurers’ Obamacare bailouts end–and as they are finally able to tally their actual, real-life cost of providing bloated Obamacare policies–the cruel Orwellian irony of calling 2010′s Act of bloated government medicine “the Affordable Care Act” becomes inescapable. As … Continue reading

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