Obama administration confirms double-digit premium hikes – Seattle Times

Things are unraveling for Obamacare. Perhaps the only hope of moving forward with this will depend on who ends up controlling Congress. We need to remember that there are millions of more people insured now than ever, but need a financing system that makes sense. Single Payer still seems the most effective way of ensuring quality health care at an affordable price for all. As to the hand wringing over the costs, doesn’t it seem that there is always money to expand the military budget, by far more than the amount to properly fund Obamacare? Since we are spending over 54% of our national discretionary tax dollars on the military, with wars winding down all over the globe for us, that we can find money in that budget to support health care for all? It seems to be that health care is an issue of the defense of the nation. Wouldn’t take much. Might not miss those few cruise missiles or a bomber or two that never gets uses. Or perhaps an used or outdated military base.

WASHINGTON (AP) — Premiums will go up sharply next year under President Barack Obama’s health care law, and many consumers will be down to just one insurer, the administration confirmed Monday. That’s sure to stoke another “Obamacare” controversy days before a presidential election.

…..Largely as a result, the nation’s uninsured rate has dropped below 9 percent, a historically low level. More than 21 million people have gained coverage since the Affordable Care Act passed in 2010.

http://www.seattletimes.com/business/obama-administration-confirms-double-digit-premium-hikes/

 

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