Discussion » Statements » Rosie's Corner » What are the odds that "Repeal and Replace Obamacare" ever happens in our lifetime or beyond into the future at any time? Why?

What are the odds that "Repeal and Replace Obamacare" ever happens in our lifetime or beyond into the future at any time? Why?

Posted - March 1, 2017

Responses


  • It's my understanding that they are keeping parts of it, like the pre-existing conditions. They are trying to figure out how to get more insurance companies involved so people have a better choice, and that would lower the cost some. Right now, the people in Knoxville only have one choice, Humana, and they are pulling out of the ACA market. That will lever Knoxville with NO market choices. A lot of counties have only one choice and that is why it is so expensive. They help people were getting on their premiums is going away:

    Premiums will increase across all tier levels for the 2017 plan year. The marketplace offers four tiers: bronze, silver, gold and platinum. On average, bronze plans will increase by about 21 percent. In numbers, that’s about $311 for a single 30-year-old nonsmoker compared to $258 in 2016. The average deductible will increase to just under $6,100 next year as well.

    For silver plans, the premium rate will jump 17 percent. Silver plans are the most popular choice on the marketplace. They’re also used as benchmark plans to calculate subsidies. In 2017, a 30-year-old nonsmoker will pay about $365 a month for a silver plan. In 2016, that same person would have paid $312 a month. Deductibles will increase to about $3,572 – up from $3,117 last year.

    Gold plans will see a 22 percent increase in premiums, from about $381 a month in 2016 to $464 a month in 2017 for a 30-year-old nonsmoker. The average individual deductible will be about $1,200, which is only up by 3 percent over last year.

    At the platinum tier, a 30-year-old nonsmoker will pay about $553 a month for coverage in 2017, up 15 percent over 2016. Platinum plans will see the greatest increase in deductible amount, but platinum plans have historically low deductibles to begin with. In 2017, the individual deductible jumps 74 percent to $405 compared to $233 in 2016.

    Across the country, premium rates will increase by 25 percent in 2017 owing in some part to the withdrawal of several major insurers from the Obamacare marketplaces. Earlier this year, United Healthcare, Humana and Aetna announced that they would be severely limiting participation in the public exchange sites. As three of the largest insurance companies in the U.S., their participation – or lack thereof – makes a difference in choice and competition, which affect price. Smaller companies have also exited the exchange sites in certain states, such as Health Choice of Arizona. Regardless of carrier size, having fewer options on the exchanges impacts peoples’ ability to buy affordable coverage. But it’s not just insurer participation that has led to skyrocketing premium increases for 2017. The problem centers on the inability of insurers to accurately set premium rates over the past three years. This is also why some of the largest insurers have opted out to begin with. Simply put, they’re losing money.

    Bloomberg estimates that about 1.4 million people will lose their current health insurance plans for 2017 due to the withdrawal of major health carriers from the exchanges. ACASignUps.net, a site that tracks numbers for the ACA, estimates that closer to 2 million people will lose their current coverage. Of those nearly 2 million people, about 1.6 million will lose their health insurance from the big three insurers (Aetna, Humana and United Healthcare) alone. The remaining insurance carriers account for the difference.

    In North Carolina, 284,000 people will have to shop for new coverage now that Aetna and United have withdrawn from the marketplace. Blue Cross Blue Shield of Tennessee is scaling back its participation in the private market for Tennessee, leaving 117,000 people without coverage for 2017. Approximately 103,000 Minnesota enrollees will lose their coverage thanks to Blue Cross Blue Shield of Minnesota’s withdrawal of PPO plans on and off the marketplace. And in Alaska, 14,000 people will lose plans via Moda while 26,000 people in New Jersey will lose coverage through Lifewise. A Kaiser Family Foundation analysis for the Washington Times found that nearly one third of the country will only be able to choose plans from one health carrier in 2017.

    Premium rates will increase by about 25 percent on average, but some states will see even more staggering price hikes. A report published by the Department of Health and Human Services in October 2016 revealed that Arizona residents may face a rate hike of 116 percent next year. After Arizona, the highest rate increases are in Oklahoma (69 percent), Tennessee (63 percent), Minnesota (59 percent) and Alabama (58 percent). Percentages are based on a 27-year-old individual who buys the second-lowest silver plan and receives no tax credits.


     
      March 4, 2017 8:37 PM MST
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  • 3907
    Hello again, Karen:

    Nobody denies that it has to be fixed..  However, as bad as it is, its saved lives...  LOTS of lives..  Hopefully, the fix will actually FIX it.

    excon
      March 5, 2017 6:59 AM MST
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  • I agree with you 100%. It doesn't need to be repealed, it need to be tweaked. As it is, it's too expensive for the people who need it. IF he can get other insurance companies on-board, that would bring the cost down. Like I said, a lot of counties have only one choice, that makes it too expensive because they can charge pretty much whatever they want. I also hope they do away with fining people who can't afford it. That, to me, is just insane.   
      March 5, 2017 7:08 AM MST
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  • 3907
    Hello again, Karen:

    First off, I'm NOT on Obamacare..  I'm on Medicare.  So, everything I know about it, I learned second hand.  From MY understanding, when Obamacare premiums go up, the subsidies go up too.  Now, does that cause OTHER private and NON governmental insurance premiums to up??  I believe it has.  Is that because of Obamacare, or because insurance company's wanna make more money??  I don't know.

    Lemme say again, I'm a capitalist..  I BELIEVE in the free market..  But, I also believe in the safety net.  Given the choice to either END people dying in the street, or letting government pay the bills like Medicare does, I'm gonna pick the safety net..

    excon
      March 5, 2017 7:28 AM MST
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  • I pay for my insurance through work, so I'm on neither Medicaid nor Obamacare. The company I work for is located in a hospital. We screen the patients who do not have insurance and then do all the paperwork for them to get them signed up for Disability, Medicaid. Medicare or, it they are crime victims, we do the paperwork for them to get compensated for that. Before this job, I worked for the State for 15 years helping to process Disability claims, so I'm in the business of helping people. I agree that everyone is entitled to health care at a cost that isn't going to put them in the streets. I also don't think it's right to fine the people who can't afford it. I think we are pretty much on the same page with this.
      March 5, 2017 7:52 AM MST
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  • 113301
    :):):)
      March 5, 2017 6:50 AM MST
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  • 113301
    THEY HAD 8 YEARS m2c. What in the he** were they doing besides taking useless votes? THEY HAD 8 YEARS TO COME UP WITH A PLAN. 8 YEARS! 8 YEARS! That's the point here.  Why don't you address that?
      March 5, 2017 6:49 AM MST
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  • 35620
    Rosie, I have addressed it more than once on your other questions but evidently you missed it.

     They plan to vote this week. With final vote in April. That is lightening quick for anything in Congress. President Trump is forcing them to truly get to work.
      March 5, 2017 6:55 AM MST
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  • 113301
    No you haven't. What were they doing for those 8 years they were complaining?. You keep saying you have answered question but you NEVER have. WHY wasn't 8 years enough? Why didn't they present the completed entire plan to repeal/replace the AHCA on DAY ONE of the Trump administration? Why did they panic and rustle up something behind closed doors and LOCK IT UP away from sight per Rand Paul? Will you answer that NOW? Thank you for your reply and Happy Tuesday to thee m2c!
      March 7, 2017 5:09 AM MST
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  • 35620
    First NOT 8 yrs, it was 7yrs it took Obama until Mar of 2010 to pass Obamacare. Look how much quicker President Trump is moving on this. There are nine separate plans.
    Sen Price (now Health Sec) introduced a replacement plan every year.
    Rand Paul is a Senator he can worry about the Senate Bill. He is not in the House he is just looking to make news and money. 
    They just released Ryan's plan in the House yesterday....
    Yes I have told you this much more than once. You ignore it. 
      March 7, 2017 5:31 AM MST
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