General Discussion

Demeter

(85,373 posts)

11. Don't look now, but it IS imploding

Tue Nov 24, 2015, 02:34 PM

Nov 2015

One insurance company has already thrown in the towel, because it can't make enough money on the deal. Two others are considering following suit in 2017 if things don't improve next year.

The co-ops are failing.

People would rather pay the fine than throw good money away month after month.

We track Obamacare over in the Economy group. Drop in and see what we've got. The daily SMW (stock market watch) and Weekend Economists thread are a good place to start. So is the blog Naked Capitalism by Yves Smith.

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Highlight:

Paul Krugman: despite the opposition, Obamacare is "still a huge success story." [View all] pnwmom Nov 2015 OP

The ACA is getting more expensive as premiums rise. Dustlawyer Nov 2015 #1

The ACA has dramatically slowed healthcare costs. SunSeeker Nov 2015 #3

I totally agree. I no longer have a pre-existing condition. Dustlawyer Nov 2015 #6

Finally, bipartisan support! HenryWallace Nov 2015 #5

But, but, but socialism! lark Nov 2015 #7

+100. HughBeaumont Nov 2015 #9

Actually, premiums went up less slowly than predicted, in the country as a whole. pnwmom Nov 2015 #12

Premiums are up, and so are deductibles. Habibi Nov 2015 #24

and yet if you miss a payment nationalize the fed Nov 2015 #28

That's an interesting rundown cprise Nov 2015 #35

Excellent Post nationalize the fed!! monicaangela Nov 2015 #50

The curve of the increase has been bent downwards. pnwmom Nov 2015 #29

Glad things are going so well for you. Habibi Nov 2015 #36

They are for the three people I know who have used the exchange. And for all the other people pnwmom Nov 2015 #37

I'm glad for them, too. Habibi Nov 2015 #43

my premium went up 23% treestar Nov 2015 #45

Glad for you. Happy Thanksgiving! Habibi Nov 2015 #47

It's always time to push for single payer, but going backwards is not a valid option. HuckleB Nov 2015 #42

Notice that once costs started increasing again... Rod Beauvex Nov 2015 #49

"Obamacare�s opponents insisted that it would implode in a �death spiral� of low enrollment and pampango Nov 2015 #2

Don't look now, but it IS imploding Demeter Nov 2015 #11

Krugman, the progressive Nobel-prize-winner, says that isn't true. pnwmom Nov 2015 #14

Same maneuver used on NCLB. callous taoboy Nov 2015 #33

I didn't know that. Interesting. n/t pnwmom Nov 2015 #38

"Throw good money away month after month." HuckleB Nov 2015 #41

Um, you know how I know you don't follow the news? Romulox Nov 2015 #15

You know how I know you didn't bother to read Krugman's article? pnwmom Nov 2015 #16

Ummm.... Romulox Nov 2015 #17

That was a planned part of the law. There is nothing alarming about the fact pnwmom Nov 2015 #18

K & R SunSeeker Nov 2015 #4

KnR Hekate Nov 2015 #8

Success? For Whom? Demeter Nov 2015 #10

I have three relatives/friends who are greatly benefiting from the ACA. pnwmom Nov 2015 #21

That's why I see people in the clinic every day who had no insurance before the ACA? HuckleB Nov 2015 #40

Except for the unsustainable, runaway costs, and that fact that millions still aren't getting care. Romulox Nov 2015 #13

how many state exchanges have gone belly up? littlewolf Nov 2015 #19

None. But any state that doesn't want the hassle of running its own exchange pnwmom Nov 2015 #20

Imagine how amazing single payer would be IronLionZion Nov 2015 #22

Louisiana is looking to be the ... Tortmaster Nov 2015 #23

That is a great question, Tortmaster. "What's with "the Liberal Conditional"? pnwmom Nov 2015 #26

Hi. I didn't realize I had signed up a long time ago. Tortmaster Nov 2015 #30

It's helped my wife and I. Something to be thankful for on Thanksgiving. B Calm Nov 2015 #25

Three of the people close to me are benefiting from it. It's doing a lot of good everywhere. n/t pnwmom Nov 2015 #27

Helped my family too Freddie Nov 2015 #31

Me too. treestar Nov 2015 #46

yes, now to work on some riversedge Nov 2015 #32

President Obama graciously started us on the road to Medicare for All daybranch Nov 2015 #34

I can't believe I missed this piece. Yeah, Krugman! HuckleB Nov 2015 #39

Thanks Obama Botany Nov 2015 #44

Message auto-removed Name removed Nov 2015 #48