Tag Archives: Exchanges

Thanks Obamacare! — Household Health Care Spending Soars

Comment: Cato expert Daniel J. Mitchell explains why the Affordable Carp Act’s main mechanism, as predicted, has not made care more affordable, but has had quite the opposite effect. “Simply stated, doctors, hospitals, and other providers have very little market-based … Continue reading

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UPDATE – Obamacare Fairy Tales

A lot of silly arguments have been made about Obamacare in recent days and that’s why I call tonight’s update ‘Obamacare Fairy Tales’. Once upon a time, the public option was a serious subject of discussion. It’s back, with a … Continue reading

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DEATH SPIRAL – OK Obamacare Exchange Down to One Insurer

Comment:  Here’s that vibrant, competitive Obamacare market you were promised–it’s not working! “TULSA, Okla. (KTUL) — The State of Oklahoma could face a healthcare crisis in 2017.” “There will only be one insurance company offering policies on the Healthcare Exchange … Continue reading

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Obamacare’s DEATH SPIRAL Is Here

Let the excuses begin! Comment: Obamacare drives up costs. That forces insurers to hike premiums, which makes healthy smart people drop out, which raises costs even more.  Lather, rinse, repeat. “Aetna the nation’s fourth-largest health insurer, just decided to stop … Continue reading

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DEATH SPIRAL! — Another Insurance Giant Quits Obamacare’s Faltering “Exchanges”

 Comment: Told ya. “Aetna Inc. [...] announced it will withdraw expansion plans for Affordable Care Act exchanges in response to steep financial losses and is considering future participation in its current 15-state footprint.” The Administration’s response?  “Quick, have someone from … Continue reading

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The unAffordable Act Burns Entrepreneurs

Promised: “We see it as an entrepreneurial bill,” Pelosi said in May 2010.  “A bill that says to someone, if you want to be creative and be a musician or whatever, you can leave your work, focus on your talent, … Continue reading

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RATE-QUAKE Hits CoveredCA, 13.2% Avg. Hike !

Comment: Here’s the latest (but not the ‘lastest’) installment on that “savings” Obamacare promised you… enjoy it while it lasts! “Covered California, the biggest state public health exchange, is implementing some hefty price increases for California residents who use the … Continue reading

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RATE SHOCK, Michigan — Up ANOTHER 17% !

Comment: Now THAT’s Affordable!  ObamacareLogic: “The more you pay, the more affordable Obamacare gets!” “Health plans sold on Michigan’s insurance exchange could see an average 17.3% increase next year, and if recent history is any guide, state regulators could approve … Continue reading

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Oh Dear, Obamacare Strikes IL, AGAIN!

Comment: These heart-warming stories of Obamacare’s wonderful big-government plan-spoiling largess make us here at OCTS feel warm and tingly, like singing Christmas carols. “Ohhhh-ba-ma-care, Oh-ba-ma-care, how lovely are your branches?”  Isn’t Gruberized(tm) health care wonderful, affordable, and compassionate? (Not.) “Thousands … Continue reading

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CT Obamacare Exchange Struggles to Save Remaining Two Insurers

Comment: “[W]ithout competition, the price of insurance goes up and quality goes down.  And it makes it easier for insurance companies to treat their customers badly.” –President Barack Obama, Sept. 9, 2009 “HARTFORD, Conn.  Connecticut’s health insurance marketplace hopes to … Continue reading

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