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Iowa has only one ACA insurer left and they are raising their rates 43.5%. Basically providing Obamacare was hemorrhaging so much money that Wellmark and BCBS
by creaghpatr 9y ago
Iowa has only one ACA insurer left and they are raising their rates 43.5%.
Basically providing Obamacare was hemorrhaging so much money that Wellmark and BCBS left, leaving a single payer, that ACA users are forced to use.
http://www.thegazette.com/subject/news/health/medica-to-stay-in-iowa-sell-marketplace-plans-in-2018-20170619 http://www.thegazette.com/subject/news/health/medica-to-stay...
- vyrotek 9y agoSame thing happened in Phoenix last year. Our whole county was left with 1 ACA plan who raised rates too. Everyone is bailing. http://www.azcentral.com/story/money/business/health/2016/09/02/cigna-maricopa-county-only-remaining-obamacare-option/89781880/ http://www.azcentral.com/story/money/business/health/2016/09...
- jrowley 9y agoI heard this morning that in Iowa 94 out 99 counties will have no offering in the insurance exchange. We need single payer. Source: President of the AMA, 4:50 seconds in http://www.npr.org/2017/06/23/534056758/the-amas-take-on-gop-health-care-plan http://www.npr.org/2017/06/23/534056758/the-amas-take-on-gop...
- antisthenes 9y agoDid people actually think ACA was sustainable or anything but a payout to insurance companies as it was passed? Knowing that insurance companies can willingly just abandon the market makes the ACA even more of a joke than one would have originally thought. And no, before anyone tries to suggest it, temporarily insuring a few million poor people and people in poor health (at the cost of fucking over young and healthy people) is not a success.
- dragonwriter 9y ago> Did people actually think ACA was sustainable or anything but a payout to insurance companies as it was passed? Well, they thought it was the former (in part because of the ways in which it was the latter; a sustainable public service not provided directly by government typically involves payment from the government to the service providers.) Much of the collapse and withdrawal is due to payments they were mandated under the ACA not being funded by Congress (resulting in a giant stack of lawsuits and at least one $200 million+ judgement against the government in favor of an unpaid insurer), with the deliberate intent of causing a collapse of just the kind that is occurring. (And the recent acceleration is that exacerbated by additional uncertainty deliberately injected by the Trump Administration with the intent of producing exactly that result.)