Home
We won’t know how much Obamacare will cost for 2015 until after the November elections
Image
Because every policy decision the Obama administration makes is motivated primarily by politics, the president has ordered the department of Health of Human Services (HHS) not to release pricing for health coverage purchased through Healthcare.gov until after the November midterm elections are over.
The Obama administration told the media last week that HHS plans to unveil a revised pricing structure for 2015 no earlier than the second week of November. The midterm election will be held on Nov. 4.
According to The Associated Press, Healthcare.gov will not include 2015 pricing numbers until mid-November. The open enrollment period for 2015 runs from Nov. 15 until Feb. 15 of 2015.
The delay may have something to do with the likelihood that Obamacare rates will increase. “In some cases, these increases are going to be huge,” Downtrend’s Joseph R. Carducci wrote:
Even slight changes [in 2015 policies] can have big repercussions in terms of the types of premiums and plans available. Those who received raises or otherwise had their income go up this year might find themselves losing their ObamaCare subsidies entirely (or they may be significantly reduced), negating a good part of the effect of that income increase. Those with less income might even no longer qualify for private insurance and be forced into Medicaid.
Believe it or not, there are also a number of reports indicating the most popular low cost plans within ObamaCare have seen the sharpest rate increases. And we haven’t even discussed the impact of the employer mandate which will also have some significant effects.
HHS is casting the delayed pricing as a boon for customers because it ostensibly gives them more time to shop for healthcare coverage. That would make sense if customers could, you know, see the cost of the products they’re comparing. Without that crucial feature, though, people could shop for an infinity — and they still wouldn’t be able to tell whether they’d be getting adequate insurance value for their money.
“Despite claiming this move is about [giving] consumers ‘more time’ to make a decision about a health plan, this delay in sign up is purely to further protect vulnerable Democrats who are up for re-election in 2014,” Townhall commented.
http://personalliberty.com/wont-know-much-obamacare-will-cost-2015-november-elections/
Image
Because every policy decision the Obama administration makes is motivated primarily by politics, the president has ordered the department of Health of Human Services (HHS) not to release pricing for health coverage purchased through Healthcare.gov until after the November midterm elections are over.
The Obama administration told the media last week that HHS plans to unveil a revised pricing structure for 2015 no earlier than the second week of November. The midterm election will be held on Nov. 4.
According to The Associated Press, Healthcare.gov will not include 2015 pricing numbers until mid-November. The open enrollment period for 2015 runs from Nov. 15 until Feb. 15 of 2015.
The delay may have something to do with the likelihood that Obamacare rates will increase. “In some cases, these increases are going to be huge,” Downtrend’s Joseph R. Carducci wrote:
Even slight changes [in 2015 policies] can have big repercussions in terms of the types of premiums and plans available. Those who received raises or otherwise had their income go up this year might find themselves losing their ObamaCare subsidies entirely (or they may be significantly reduced), negating a good part of the effect of that income increase. Those with less income might even no longer qualify for private insurance and be forced into Medicaid.
Believe it or not, there are also a number of reports indicating the most popular low cost plans within ObamaCare have seen the sharpest rate increases. And we haven’t even discussed the impact of the employer mandate which will also have some significant effects.
HHS is casting the delayed pricing as a boon for customers because it ostensibly gives them more time to shop for healthcare coverage. That would make sense if customers could, you know, see the cost of the products they’re comparing. Without that crucial feature, though, people could shop for an infinity — and they still wouldn’t be able to tell whether they’d be getting adequate insurance value for their money.
“Despite claiming this move is about [giving] consumers ‘more time’ to make a decision about a health plan, this delay in sign up is purely to further protect vulnerable Democrats who are up for re-election in 2014,” Townhall commented.
http://personalliberty.com/wont-know-much-obamacare-will-cost-2015-november-elections/
