Sunday, October 13, 2013

More Obamacare Fallout

#Obamacare was supposed to bend the cost curve and increase competition which would result in lower health insurance premiums.

That was the promise.

This is the reality.
Nine insurance companies are pulling out of Nebraska’s major medical insurance market, and some of them cite Obamacare as the reason for their departure.Seven of the nine companies have notified the state of their plans to leave since August. Most of them have a minor piece of the major medical market in Nebraska, and likely don’t think it’s worth it to make the changes necessary to comply with the federal health care law.

In addition to significantly higher premiums, consumers now have FEWER choices.

Tell me why Obamacare is a good thing for the consumer.
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