A new revealing new study has been published by Alvere Health claiming that Obamacare is completely unsustainable.
Alvera claims, “New analysis from Avalere finds that the 2018 exchange market will see silver premiums rise by an average of 34%. According to Avalere’s analysis of filings from Healthcare.gov states, exchange premiums for the most popular type of exchange plan (silver) will be 34% higher, on average, compared to last year.”
Alvera reports that some states in particular that will feel the brunt of the skyrocketing financial burden, “Average premium increases will vary significantly by state. For example, Iowa will see the highest jump in average silver premium, 69%, over 2017, while Alaska will see a decrease in premiums for 2018, at -22%. Exact premium amounts consumers can expect to pay will vary depending on their location and selected plan. Notably, in states with limited plan participation, the average silver premium may be lower than the second lowest cost silver.”
Breitbart released an article which reads:
“Caroline Pearson, senior vice president at Avalere, blamed the Trump administration for ending the CSR program as one of the principal reasons for the skyrocketing premiums. In a statement, Pearson said, “Plans are raising premiums in 2018 to account for market uncertainty and the federal government’s failure to pay for cost-sharing reductions. These premium increases may allow insurers to remain in the market and enrollees in all regions to have access to coverage.”
Investors Business Daily reports, “Earlier this year, Aetna and Wellmark Blue Cross & Blue Shield announced that they were pulling out of Iowa’s ObamaCare exchange, leaving only Medica, which was also threatening to leave. Not surprisingly, Medica has used its newfound monopoly status to push for increasingly higher rates, while trying to pin the blame President Trump for the increases.”
Investors Business Daily continues, “The seeds of today’s double-digit premium increases and collapsing competition were planted long before Trump took the oath of office. In fact, they were embedded right there in the law President Obama signed in 2010.”
As much as the liberal media and politicians continue claiming that Trump is causing the problems within Obamacare, don’t let them fool you. These Problems were written right into the very structure of the system itself. These catastrophes were going to happen no matter who would have won the election.
Investors Business Daily