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We Can't Afford A Clinton Presidency On Healthcare

- August 11, 2016

Skyrocketing Costs And Failed Co-Ops Have Come To Define The President's Failed Law

TOP TAKEAWAYS

  • Hillary Clinton loves ObamaCare and wants to expand it.
  • While promoting ObamaCare, Hillary has remained out of touch with the financial burdens and fears the failed law places on many Americans.
  • 2017 ObamaCare Premium proposals average an increase of 22% nationally and much higher in many states.
  • 2016 deductible increases range from hundreds to thousands of dollars.
  • 16 out of 23 ObamaCare Co-Ops have failed, reducing competition that they were created to catalyze.
  • Hillary Clinton has proposed a public option, an extreme version of the failed Co-Ops, to address ObamaCare's cost issues.

HILLARY CLINTON HAS FULLY EMBRACED OBAMACARE

Hillary Clinton Loves ObamaCare And Vows To Defend The Failed Law

BloombergPolitics Headline: "Make No Mistake, Hillary Clinton Loves ObamaCare" (David Knowles, "Make No Mistake, Hillary Clinton Loves ObamaCare," Bloomberg Politics, 3/23/15)

Clinton Called ObamaCare One Of The "Greatest Accomplishments" Of The United States. CLINTON: "But the fact is, we have the Affordable Care Act. That is one of the greatest accomplishments of President Obama, of the Democratic Party, and of our country." (Hillary Clinton, CNN's Presidential Primary Debate, Charleston, S.C., 1/17/16)

Clinton: "We Have Accomplished So Much" Through ObamaCare. CLINTON: "And again, we need to get into the details. But here's what I believe, the Democratic Party and the United States worked since Harry Truman to get the Affordable Care Act passed. We finally have a path to universal health care. We have accomplished so much already. I do not to want see the Republicans repeal it, and I don't to want see us start over again with a contentious debate. I want us to defend and build on the Affordable Care Act and improve it." (Hillary Clinton, CNN's Presidential Primary Debate, Charleston, S.C., 1/17/16)

Clinton Doesn't Just Support ObamaCare, She Wants To Expand It

Hillary Says She Will "Build On" Obamacare. "Hillary will: Defend the Affordable Care Act and build on it to slow the growth of out-of-pocket costs." ( Hillary For America, Accessed 4/21/16)

Hillary Has Plans To Expand Obamacare. "Instead, Clinton has gone all in with Obamacare, embracing the controversial health law and promising to defend and expand it. 'I am a staunch supporter of President Obama's principal accomplishment, namely the Affordable Care Act,' she said in a debate in Milwaukee on Feb. 11. Her plan to expand Obamacare consists of a slew of wonky measures that together are intended to cut costs and improve coverage for patients." (Alison Kodjak, "Hillary Clinton Hitches Her Health Care Wagon To Obamacare," NPR, 2/23/16)

WHILE CLINTON PRAISES OBAMACRE, SHE IGNORES AMERICANS UNABLE TO AFFORD COSTLY HEALTH CARE OPTIONS

Clinton Described The Soaring Costs Of Health Care Under ObamaCare As "Glitches." ABC'S MARTHA RADDATZ: "And we're going to move on to health care. Secretary Clinton, the Department of Health and Human Services says more than 17 million Americans who are not insured now have health coverage because of Obamacare. But for Americans who already had health insurance the cost has gone up 27 percent in the last five years while deductibles are up 67 percent, health care costs are rising faster than many Americans can manage. What's broken in Obamacare that needs to be fixed right now? And what would you do to fix it?" CLINTON: "Well, I would certainly build on the successes of the Affordable Care Act and work to fix some of the glitches that you just referenced." ( Remarks At The Democrat Primary Debate , Manchester, NH, 12/19/15)

At A Town Hall, Clinton Told A Woman To Just "Keep Shopping" To Avoid Her High Premiums. CLINTON: " So you have the federal exchange. And to go on and keep looking to see what the prices are, because we have to get more competition back into the insurance market. One thing that I want to work on with my friends from Congress who are here is we've got the get more non-profits that are capable of selling insurance back into the insurance market. You know, Blue Cross and Blue Shield used to be non-profits. And then they transferred themselves into for-profit companies. And there was some effort made under the Affordable Care Act to get some competition from non-profit institutions, some of them worked and a lot of them didn't. I want to know what we can do, because if you could get a range of insurers, some of who were not-for-profit companies, that would lower costs. So there is a number of things I am looking at. And what I want to assure you and your family of is I will do everything I can as president, working with members of Congress where necessary, to try to get the costs down. But I do want you to keep shopping, because what you are telling me is much higher than what I hear from other families, and so I want to be sure that if there is a better option out there for you, you're going to be able to take advantage of it." ( Remarks At Democratic Presidential Primary Town Hall , Columbus, Ohio, 3/13/16)

Click To Watch

While Clinton Tells Americans To "Keep Shopping," Health Care Costs Are Hurting Families

Higher Premiums Have Forced People To Stretch Their "Tight Household Budgets, With Other Financial Priorities, Like Car Repairs Or Putting Money In Savings Accounts." "Among the difficulties for next year: Premiums are expected to go up more than they did this year, even if taxpayer subsidies cushion the cost. The most eager customers have already signed up. And many of those remaining appear to be stretching tight household budgets, with other financial priorities, like car repairs or putting money in savings accounts." (Ricardo Alonso-Zaldivar, "Bigger Bite For Health Law Penalty On Uninsured," The Associated Press, 10/19/15)

Obamacare's Failures Are Causing Major Financial Harm To Middle Class Americans. "Private insurance provider Greg Westcott says he's often the harbinger of bad news in most cases. Time after time, he finds himself telling most of his clients their premiums and deductible will likely rise.'If you ask my client base in West Michigan, if it's helping them, a vast majority would say, 'it's not,' Westcott said. 'That's really the tragedy of it. These are people that work hard. They pay their insurance premiums. They do the best they can. They fund health savings accounts. Now, they got back-doored to the point where their premiums are 2.5, 3.5, 4 times, (as much.)'" (Erica Francis, "Obamacare: Is It Helping Or Hindering," Fox News 17 West Michigan, 5/24/16)

  • "Health Insurance Deductibles Has Easily Outpaced The Average Increase In A Worker's Wages Over The Last Five Years." "It may not seem like much - just an extra hundred dollars or so a year. But the steady upward creep in health insurance deductibles has easily outpaced the average increase in a worker's wages over the last five years, according to a new analysis released on Tuesday by the Kaiser Family Foundation." (Reed Abelson, "Health Insurance Deductibles Outpacing Wage Increases, Study Finds," The New York Times , 9/22/15)

Small Business Owners, Middle Class Americans Have Financial Fears Stemming From ObamaCare. "'I can't do $800 a month. That's more than I make. I'm self-employed. You're killing me,' a Coventry customer wrote. 'Who can afford this?' wrote another. 'It is disastrous. People have got to be raising hell about this, it's unsustainable.' Insurance Commissioner Nick Gerhart has scheduled a July 23 hearing. Such hearings have drawn emotional testimony in past years. But the insurance division has approved most past health-insurance rate requests after independent experts confirmed they were justified by costs of care. Several recent commenters on the insurance division's website questioned whether their opinions mattered. 'I can only pray that for once, the Iowa insurance commissioner will understand that there just is NOT any money left in our pockets for yet ANOTHER increase!' a Wellmark customer wrote. (Tony Leys, "Wellmark Plans 38% To 43% Increases For Some Customers," Des Moines Register , 5/26/16)

  • For People "In The Middle, There Is Very Limited Choice." "Michelle Scarola of Queens, a borough of New York City, said she has received notice that her 2017 premiums will be going up in a range of 8 percent to 25 percent. Scarola, who's in the midst of a career transition from advertising to interior design, isn't happy that her insurer dropped the hospital network she's interested in 'For people like me who are in the middle, there is very limited choice, and now that limited choice is going to get more expensive,' she said." (Ricardo Alonso-Zaldivar and Tom Murphy, "Proposed Premium Hikes Rattle Consumers Paying Their Own Way," The Associated Press , 06/12/16)

Executive Director Of National Nurses United And Sander's Supporter Roseann Demoro: ObamaCare's Skyrocketing Costs Are Causing Patients To Forego Necessary Medications And Care. EXECUTIVE DIRECTOR OF NATIONAL NURSES UNITED ROSEANN DEMORO: "I mean people are scared out there. They are losing their homes the loss of jobs could mean the loss of healthcare. Having to care for your patients - the nurses are just in tears constantly because patients are cutting their medications the patients aren't getting the healthcare they need they are afraid to go to the doctor because they make choice is between what they can afford in their lives and they shouldn't be forced to put their health basically against their houses and I mean ultimately bankruptcies are caused by healthcare costs. And there so much. So this is just its common sense and human decency to make sure that everyone has the care that they need." (Roseann DeMoro, Democratic National Convention Platform Hearing, 06/17/16)

Clinton Doesn't Seem To Realize ObamaCare Remains Unpopular Among Americans

Kaiser Family Foundation Reports That Obamacare Unfavorability Is Higher Than It Favorability At 46% To 40%. ( "Kaiser Health Tracking Poll: The Public's Views On The ACA," Kaiser Family Foundation, 2/16)

A May 2016 Obamacare Survey Showed That 47% Of Non-Group Obamacare Enrollees Are Unhappy With Their Deductible. "However, satisfaction with premiums and deductibles has declined since 2014. Nearly half now say they are dissatisfied with their plan's annual deductible (47 percent among all those ACA-compliant plans and 46 percent in Marketplace plans), and four in ten are dissatisfied with their monthly premium (43 percent and 40 percent, respectively)." (Liz Hamel, Jamie Firth, Larry Levitt, Gary Claxton and Mollyann Brodie, "Survey of Non-Group Health Insurance Enrollees, Wave 3," Kaiser Family Foundation , 05/20/16)

Non-Group Enrollee Dissatisfaction Rose 10% From 2015 To 2016. "However, the share rating their coverage as 'not so good' or 'poor' is higher in 2016 (31 percent) than it was in the two previous waves of the survey (20 percent in 2014 and 21 percent in 2015). Non-group enrollees have consistently given their plans lower ratings than their counterparts in employer-sponsored plans, however among those with employer coverage, the share rating their coverage as 'not so good' or 'poor' is also higher in 2016 than it was in previous years." (Liz Hamel, Jamie Firth, Larry Levitt, Gary Claxton and Mollyann Brodie, "Survey of Non-Group Health Insurance Enrollees, Wave 3," Kaiser Family Foundation, 05/20/16)

  • A May 2016 Obamacare Survey Showed Obamacare Enrollees Increasingly View Their Plan As Providing Poor Value. "At the same time, the share of enrollees who see their plan as a good value has been declining, reflecting growing dissatisfaction with premiums and cost-sharing. Some enrollees who have had their plan for a year or more report expensive drug copays, as well as surprise medical bills and other unexpected expenses they thought their plan covered." (Liz Hamel, Jamie Firth, Larry Levitt, Gary Claxton and Mollyann Brodie, "Survey of Non-Group Health Insurance Enrollees, Wave 3," Kaiser Family Foundation, 05/20/16)

A May 2016 Obamacare Survey Showed That 54% Of Non-Group Enrollees View The Value Of Their Obamacare Plan As "Only Fair" Or "Poor" Marking A 12% Decrease In Satisfaction From 2015. "Similar to the trend in overall plan ratings, the current survey finds those with ACA-compliant non-group plans are less likely than in previous years to say their coverage is an 'excellent' or "good" value for what they pay for it. Just over half (54 percent) now rate the value of their coverage as 'only fair' or 'poor' (up from 42 percent in 2015 and 39 percent in 2014)." (Liz Hamel, Jamie Firth, Larry Levitt, Gary Claxton and Mollyann Brodie, "Survey of Non-Group Health Insurance Enrollees, Wave 3," Kaiser Family Foundation, 05/20/16)

EVEN AS AMERICANS WORRY ABOUT HEALTH CARE COSTS, OBAMACARE'S PROPOSED PREMIUM INCREASES FOR 2017 ARE OUT OF CONTROL

The Associated Press Headline: "Significant Premium Hikes Expected Under Obama Health Law." (Ricardo Alonso-Zaldivar and Tom Murphy, "Significant Premium Hikes Expected Under Obama Health Law," The Associated Press , 4/28/16)

  • "Insurers Say The Law's Coverage Has Been A Financial Drain" Setting The Stage For Double Digit Premium Hikes. "Insurers say the law's coverage has been a financial drain for many of them, and they're setting the stage for 2017 hikes that in some cases could reach well into the double digits." (Ricardo Alonso-Zaldivar and Tom Murphy, "Significant Premium Hikes Expected Under Obama Health Law," The Associated Press , 4/28/16)

Former Obama CMS Official Michael Adelberg: " It Only Makes Sense That Most Exchange Insurers Will Request Significant Rate Increases For 2017." "'Given that most carriers have experienced losses in the exchanges, often large losses, it only makes sense that most exchange insurers will request significant rate increases for 2017,' said Michael Adelberg, a former CMS official under President Obama and now a consultant at FaegreBD." (Peter Sullivan, "Insurers Warn Losses From Obamacare Are Unsustainable," The Hill, 4/15/16)

2017 Proposed Premium Increases Average Roughly 22% Nationwide. "The 8 percent average increase in Ohio is much lower than the nationwide number of about 22 percent." (Casey Ross, "Obmacare In Ohio: Rate Of Uninsured Drops, But Premiums Likely To Rise," The Cleveland Plain Dealer, 7/14/16)

ObamaCare Has Struggled Attracting The Consumers Needed To Reduce Premiums. "The Obama administration has struggled for several years to bring young, healthy people into the marketplaces, which is needed to offset the medical costs of older and sicker customers. These problems are coming to light this year, as insurers get their first full look at ObamaCare customer data. Some, like UnitedHealth Group, say they've seen enough and are already vowing to leave the exchanges." (Sarah Ferris, "Next President Faces Possible ObamaCare Meltdown," The Hill, 8/11/16)

Alabama

Blue Cross Blue Shield Of Alabama Is Seeking An Average Rate Increase Of 39%. "Blue Cross Blue Shield of Alabama is seeking an average rate increase of 39 percent on individual plans offered through the Obamacare marketplace, according to the Centers for Medicare & Medicaid Services. The proposed rate hikes will affect more than 160,000 people in Alabama who purchase insurance through the federal exchange, or about 5 percent of Blue Cross membership." (Amy Yurkanin, "Blue Cross proposes rate hike of nearly 40 percent on some Obamacare plans," AL.com, 8/8/16)

  • Blue Cross Blue Shield Is The Only Insurance Company Offering Individual Plan In Alabama. "Blue Cross is the only insurance company that will offer Alabamians individual insurance plans through the exchange next year after the departure of Humana and UnitedHealth. Those departures were announced earlier this year."

Arizona

Blue Cross Blue Shield Of Arizona Proposed A Premium Increase Of 65% For 2017. " Blue Cross Blue Shield of Arizona requested a 65 percent increase for 2017 for an Obamacare marketplace plan, the biggest in the state, according to a report from azcentral.com." (Robert King, "Sticker Shock: Arizona Obamacare Insurer Asks For 65 Percent Rate Hike," The Washington Times , 06/13/16)

Phoenix Health Plans Proposed A Premium Increase of 60% For 2017. "Another insurer, Phoenix Health Plans, wants a 60 percent increase and other insurers are calling for rate hikes of nearly 30 percent." (Robert King, "Sticker Shock: Arizona Obamacare Insurer Asks For 65 Percent Rate Hike," The Washington Times , 06/13/16)

Colorado

Coloradans Are Facing "Historically Large Health Insurance Premium Increases." " Four years after the Affordable Care Act transformed the health insurance market in Colorado, thousands of Coloradans learned Monday they might very well be on the hook for historically large health insurance premium increases come next year. The Colorado Division of Insurance released its preliminary rate adjustment proposals Monday morning, and the figures are destined to become fodder for politicians who have been sharply critical of Obamacare's inability to reign in health care costs." (Chris Vanderveen, "Proposed Health Insurance Rate Increases Released For Colorado," KUSA, 06/06/16)

Golden Rule Is Seeking A 40.6% Premium Increase In 2017. (Chris Vanderveen, "Proposed Health Insurance Rate Increases Released For Colorado," KUSA, 06/06/16)

Anthem Blue Cross And Blue Shield Is Seeking A 26.8% Premium Increase For Individual Plans In 2017." (Chris Vanderveen, "Proposed Health Insurance Rate Increases Released For Colorado," KUSA, 06/06/16)

Florida

Florida's Proposed Insurance Premium Increases For 2017 Averaged 13%. "Nearly a dozen health insurers are proposing rate increases averaging 13 percent for 2017 Florida plans sold on the exchanges created under President Barack Obama's health care law, but that won't necessarily mean big consumer price hikes." ("Florida Insurers Seek Rate Increases For Obamacare Plans," The Associated Press, 05/26/16)

Humana Proposed A 44% Insurance Premium Increase On One Plan For 2017. "The largest increase is a whopping 44 percent requested by one Humana plan." ("Florida Insurers Seek Rate Increases For Obamacare Plans," The Associated Press, 05/26/16)

Florida's Largest Insurer Proposed A Premium Increase if 14% For 2017. "Florida Blue, the state's largest insurer, requested a statewide average increase of 14 percent, compared to the 9 percent hike it won last year." ("Florida Insurers Seek Rate Increases For Obamacare Plans," The Associated Press, 05/26/16)

Iowa

The Weighted Average Proposed Premium Increases For Iowa Insurers In 2017 Is Roughly 32 Percent. "The average weighted rate hike tops 56% in Tennessee. In Oklahoma it's 53%, and Iowa 32%." (Editorial, "ObamaCare Rate Shocks Are Here, And They're Getting Worse," Investor's Business Daily, 06/15/16)

Michigan

Humana Proposed A 50% Premium Increase For 2017 On Their "Low-Cost" Silver Plan. "This year, the nation's fifth-largest insurer offers the cheapest bronze and silver plans in Michigan's largest market, including Detroit. But Humana has filed for a 50% premium hike for its low-cost silver plan.The unsubsidized cost for a 40-year-old will jump from $210 a month to $315, if approved. On top of that, the maximum out-of-pocket cost for plan members will rise 9%, to $7,150 from $6,300 in 2016." (Jed Graham, "Humana Seeks 50% ObamaCare Premium Hike In Michigan," Investor's Business Daily, 05/11/16)

"Meanwhile, Humana Wants A 38% Premium Increase For Its Lowest-Cost Bronze Plan, From $178 A Month To $246." (Jed Graham, "Humana Seeks 50% ObamaCare Premium Hike In Michigan," Investor's Business Daily, 05/11/16)

"Health Alliance Plan, A Subsidiary Of The Henry Ford Health System, Has Requested 30% Premium Hikes For Its Least Expensive Bronze And Silver Plans" For 2017. (Jed Graham, "Humana Seeks 50% ObamaCare Premium Hike In Michigan," Investor's Business Daily, 05/11/16)

New Hampshire

For 2017, Minuteman Health, One Of New Hampshire's Largest Insurers, Announced It Could Seek Rate Increases Of More Than 45 Percent. "Minuteman Health, one of the larger insurers in New Hampshire that offer coverage to individuals under the Affordable Care Act, announced Monday that it could raise its rates by more than 45 percent in 2017." (Bob Sanders, "Minuteman Health Seeks Up To 45% NH Rate Hike For 2017," New Hampshire Business Review, 4/18/16)

New York State

2017 Premiums On Individual Plans Will Increase On Average By 16.6%. "In a statement on Friday announcing 2017 premiums, NY's Department of Financial Services (DFS) said after weighing insurer requests, the state settled on an average hike of 16.6 percent for individual exchange users in the state, while small group users will see a lower average increase of over 8 percent." (Javier E. David, "Obamacare Users In New York Brace For Double-Digit 2017 Premium Hikes," CNBC, 8/6/16)

North Carolina

Aetna Is Seeking A 24.5% Average Premium Increase In North Carolina. "In filings made public Tuesday, Blue Cross and Blue Shield of North Carolina said it wants to raise rates by an average of 18.8 percent, and Aetna is looking to increase premiums by 24.5 percent on average. Both health insurers blame rising drug costs, increasing medical expenses and customers insured under the ACA who cost more to treat than other people." (John Murawski, "NC Health Insurers Propose ACA Rate Increases For 2017," News Observer, 5/31/16)

Blue Cross Blue Shield Of North Carolina Has Requested An 18.8% Average Premium Increase. "In filings made public Tuesday, Blue Cross and Blue Shield of North Carolina said it wants to raise rates by an average of 18.8 percent, and Aetna is looking to increase premiums by 24.5 percent on average. Both health insurers blame rising drug costs, increasing medical expenses and customers insured under the ACA who cost more to treat than other people." (John Murawski, "NC Health Insurers Propose ACA Rate Increases For 2017," News Observer, 5/31/16)

Ohio

Ohio Insurance Company Forecasts Skyrocketing Premiums, Collapse Of The Obamacare Exchange. "MetroHealth unveiled the program as it prepares for its annual stakeholders meeting in Cleveland today. The event offers a snapshot of the health system's financial performance and strategy for the future. Boutros said Wednesday that the Select Direct program could serve as an alternative to Obamacare, noting that the cost of coverage is bound to rise as insurers confront losses on their ACA plans. He even went so far as to forecast the collapse of the federally facilitated exchange that supports the law. Ohio's Obamacare cooperative, InHealth Mutual, announced plans to close last month. 'My view is that, after Obama, the exchange is going to collapse,' Boutros said. 'I don't think there's going to be political support to continue at those rates. Those rates are going to go up, so there's got to be another option.'" (Casey Ross, "As Obamacare plans struggle, MetroHealth offers an alternative to individual insurance," The Plain Dealer, 06/09/16)

  • Premium Increases From Some Insurers Will Reach 40 Percent. "Meanwhile, this year's rate requests by insurers include several double-digit increases, with some calling for hikes on some plans as high as 40 percent in certain parts of the state. The numbers are causing some executives to wonder publicly whether the marketplace has a future." (Casey Ross, "Obamacare In Ohio: Rate Of Uninsured Drops, But Premiums Likely To Rise," The Plains Dealer, 7/14/16)

Pennsylvania

"The Statewide Average Rate Increase Sought By Health Insurers Was 23.6%, According To The State Department of Insurance." (Kris B. Mamula, "Insurers Seek Hefty Rate Increases For ACA Coverage," The Pittsburgh Post-Gazette , 05/25/16)

"Highmark Inc., One Of The Ten Largest Health Insurers In The United States That Serves Pennsylvania, Is Seeking To Boost Rates On Its Obamacare Plans By 48.1 Percent Next Year." (Ali Meyer, "Pennsylvania Insurer Seeks to Boost Obamacare Rates by 48.1 Percent," The Free Beacon, 05/26/16)

Virginia

For 2017, "The Average Weighted Premium-Hike Request Appears To Be 17.9%..." In Virginia. "Overall, the average weighted premium-hike request appears to be 17.9%, says Charles Gaba of ACASignups. The rate increases may turn out to be quite small for those who qualify for subsidies. The average premium hike for the subsidized population was just 4% in 2016, the Obama administration said on Tuesday."(Jed Graham, "Virginia Insurers Seek 18% Obamacare Premium Hike," Investor's Business Daily, 4/13/16)

OBAMACARE DEDUCTIBLE INCREASES ARE OUT OF CONTROL WITH NO END IN SIGHT

2016 Deductibles Increased Hundreds And In Some Cases Thousands Of Dollars

In 2016, 41 States Saw Deductible Increases With 17 States Experiencing Double Digit Increases. "These increases were deep and widespread. In total, 41 states saw average deductibles increase, with 17 states - representing 45 percent of total exchange enrollment - seeing double-digit spikes. The largest increases were in Mississippi (39 percent), Washington (31 percent), South Carolina (26 percent), Louisiana (24 percent), Florida (23 percent), Michigan and Vermont (22 percent), Arizona (21 percent), and North Carolina and Rhode Island (20 percent)." (Nathan Nascimento, "The Latest Problem Under The Affordable Care Act: Deductibles," The National Review, 04/12/16)

  • 2016 Mississippi ObamaCare Deductibles Increased An Average Of $1395. ("2016 Obamacare Deductible Increase Tracker," Freedom Partners, 03/02/16)
  • 2016 Florida ObamaCare Deductibles Increased An Average Of $990. ("2016 Obamacare Deductible Increase Tracker," Freedom Partners, 03/02/16)
  • 2016 Washington ObamaCare Deductibles Increased An Average Of $809. ("2016 Obamacare Deductible Increase Tracker," Freedom Partners, 03/02/16)
  • 2016 South Carolina ObamaCare Deductibles Increased An Average Of $735. ("2016 Obamacare Deductible Increase Tracker," Freedom Partners, 03/02/16)
  • 2016 Louisiana ObamaCare Deductibles Increased An Average Of $673. ("2016 Obamacare Deductible Increase Tracker," Freedom Partners, 03/02/16)
  • 2016 Arizona ObamaCare Deductibles Increased An Average Of $664. ("2016 Obamacare Deductible Increase Tracker," Freedom Partners, 03/02/16)
  • 2016 North Carolina ObamaCare Deductibles Increased An Average Of $602. ("2016 Obamacare Deductible Increase Tracker," Freedom Partners, 03/02/16)
  • 2016 Nebraska ObamaCare Deductibles Increased An Average Of $539. ("2016 Obamacare Deductible Increase Tracker," Freedom Partners, 03/02/16)
  • 2016 Michigan ObamaCare Deductibles Increased An Average Of $492. ("2016 Obamacare Deductible Increase Tracker," Freedom Partners, 03/02/16)
  • 2016 Wisconsin ObamaCare Deductibles Increased An Average Of $477. ("2016 Obamacare Deductible Increase Tracker," Freedom Partners, 03/02/16)
  • 2016 Ohio ObamaCare Deductibles Increased An Average Of $379. ("2016 Obamacare Deductible Increase Tracker," Freedom Partners, 03/02/16)
  • 2016 Indiana ObamaCare Deductibles Increased An Average Of $355. ("2016 Obamacare Deductible Increase Tracker," Freedom Partners, 03/02/16)
  • 2016 New Hampshire ObamaCare Deductibles Increased An Average Of $345. ("2016 Obamacare Deductible Increase Tracker," Freedom Partners, 03/02/16)
  • 2016 Virginia ObamaCare Deductibles Increased An Average Of $285. ("2016 Obamacare Deductible Increase Tracker," Freedom Partners, 03/02/16)
  • 2016 Pennsylvania ObamaCare Deductibles Increased An Average Of $254. ("2016 Obamacare Deductible Increase Tracker," Freedom Partners, 03/02/16)

16 OUT OF 23 OBAMACARE CO-OPS HAVE FAILED AND CLINTON WANTS TO DOUBLE DOWN

The Co-Ops Have Been An Abject Failure

ObamaCare's Health Co-Ops Are "Collapsing" At A "Rapid Clip." "Health cooperatives are collapsing at such a rapid clip that some co-ops and small insurers are forming a coalition to consider legal action to try to change health-law provisions they blame for their financial distress." (Stephanie Armour, "More Health Co-Ops Face Collapse," The Wall Street Journal, 10/16/15)

"The Failure Of 16 Out Of 23 Co-Ops Within Three Years Confirms That Government Experts Should Not Impose An 'Optimal' Form Of Healthcare Organization From On High." "The failure of 16 out of 23 co-ops within three years confirms that government experts should not impose an "optimal" form of healthcare organization from on high. ACA programs that sounded great on paper have failed in real life. Allowing healthcare policy to evolve through the market is more likely to result in workable, efficient solutions than any government plan." (Joel M. Zinberg, "The Continuing Failure Of Centrally Planned Health Care," The American Enterprise Institute, 8/1/16)

Illinois, Oregon, And Connecticut Have Been The Latest Co-Ops To Fail

In July, Illinois, Oregon And Connecticut Co-Ops All Failed. "In July alone, three co-ops, HealthyCt in Connecticut, Community Care of Oregon, and Land of Lincoln in Illinois announced they are closing up shop. They join 13 other failed co-ops out of the original 23 that were a centerpiece of the Affordable Care Act's vision for the future of healthcare organization - an unrealistic vision based on wishful thinking and sabotaged by the ACA itself." (Joel M. Zinberg, "The Continuing Failure Of Centrally Planned Health Care," The American Enterprise Institute, 8/1/16)

Illinois' Obamacare Co-Op Which Had 49,000 Policyholders Announced Its Failure. "An Illinois health insurance co-op with 49,000 policyholders in the state has become the latest casualty among a dwindling group of nonprofit alternative insurers set up under the Affordable Care Act. Illinois regulators took steps Tuesday to shut down Land of Lincoln Health, a 3-year-old startup that lost $90 million in 2015 and more than $17 million through May 31." (Karla K. Johnson, "Illinois Move To Shut Down Failing Obamacare Health Insurance Co-Op," The Associated Press, 7/12/16)

Oregon's Second Co-Op Announced It Was Closing Due To Financial Struggles. "Oregon regulators are moving to take control of a federally funded health insurer, Oregon's Health CO-OP, saying its finances put the well-being of 20,000 Oregon consumers at risk.The state is placing the nonprofit insurer into receivership and will dissolve it. Current members are encouraged to find other plans by July 31, when the CO-OP's plans expire." (Nick Budnick, "Oregon To Take Over Troubled Nonprofit Health Insurer As 20,000 Must Change Plans," Portland Tribune , 7/8/16)

  • Oregon's Co-Op, Like Many Across The Nation Are Failing Partly Due To A Change In The Risk Pool Payments Which Are Supposed To Mitigate Effects From Cherry Picking. "The insurer lost $18.4 million last year, according to the state. Last week the federal government announced that the CO-OP needs to pay more than $900,000 into a federal risk adjustment program - quite a change from the $5 million that the insurer had earlier been expecting to receive from the federal government this year." (Nick Budnick, "Oregon To Take Over Troubled Nonprofit Health Insurer As 20,000 Must Change Plans," Portland Tribune , 7/8/16)
  • Oregon's First Co-Op Closed In 2015 Due To Financial Insolvency Partly Caused By A Faulty Risk Corridor Program. "An Oregon health insurance co-op is withdrawing from the 2016 market and has begun a "wind down of business," citing the federal government's recent announcement that it will only honor 12.6 percent of insurance companies' risk corridor payment. This means the 15,000 members the nonprofit insurer, Health Republic, currently serves will have to shop for new coverage at HealthCare.gov come open enrollment on Nov. 1. About 10,000 of the members are employees of small businesses, according to a press release. (Saerom Yoo, "Oregon Insurance Co-Op To Close, Cites ACA Shortfall," The Statesman Journal , 10/19/15)

Connecticut's ObamaCare Co-Op Also Announced Failure Due To Federal Requirements Placing It On Poor Financial Footing. "Connecticut's financially 'unstable' Obamacare health-insurance co-op was placed under state supervision on Tuesday, as regulators said 40,000 people covered by the company will ultimately have to find new plans for the coming year.HealthyCT is the 14th of 23 original Obamacare co-ops to fail since they began selling health plans on government-run Affordable Care Act insurance exchanges. Several of the other remaining co-ops, at least, are believed to be on shaky financial ground. Until last week, the nonprofit HealthyCT had 'adequate capital and sustainable liquidity' - but that fell apart Thursday with a federal requirement that hit HealthyCT with a $13.4 million bill, according to the Connecticut Insurance Department." (Dan Mangan, "'Financially Unstable' Connecticut Obamacare Co-Op Now Under State Supervision," CNBC, 07/05/16)

  • Connecticut's Financial Stress Is In Part Due To The Failure Of The Risk Management Program Designed To Mitigate The Effects of Insurer Cherry Picking. "The risk adjustment program is designed to spread out the financial risk of insuring people with Obamacare plans by redistributing money from insurers with healthier customers to companies with sicker customers. But smaller insurers, particularly co-ops, have sometimes been strained by the program because their balance sheets are not large enough to cover the costs from it. Those insurers also have come under financial stress because the Obama administration has withheld payments from companies under the risk corridor program." (Dan Mangan, "'Financially Unstable' Connecticut Obamacare Co-Op Now Under State Supervision," CNBC, 07/05/16)

Co-Ops Have Cost The American People More Than The Worst Estimates

CMS Administrator Andy Slavitt Was Questioned By Senate Officials On "The Roughly $1.2 Billion In Government Loans That Went To The Failed Co-Ops." "The Senate Finance Committee on Thursday questioned Andy Slavitt, the acting administrator of the Centers for Medicare and Medicaid Services (CMS), about the roughly $1.2 billion in government loans that went to the failed co-ops and why the administration did not pick up on problems sooner." (Peter Sullivan, "Lawmakers Grill Obamacare Official Over Co-Op Failures,"The Hill, 1/21/16)

  • Slavitt Said The Administration Was Working To Recover The Loans But Admitted They Did Not Expect To Get All Of The Money Back. "Slavitt said that CMS is working with the Department of Justice on recovering the loans to failed co-ops, but the administration has acknowledged that it will not get all of the money back. Paying the federal government back, as opposed to claims or other expenses, tends to be a low priority for a co-op in receivership." (Peter Sullivan, "Lawmakers Grill Obamacare Official Over Co-Op Failures,"The Hill, 1/21/16)

According To A Senate Investigative Report, By The End Of 2014, Cumulative Losses For The CO-OP's Were Four Times Greater Than The Expected Amount, Exceeding Even The Worst Case Scenario Projected For The Programs. "Cumulatively, by the end of 2014, the failed CO-OPs exceeded their projected worst-case-scenario losses by at least $263.7 million-- four times greater than the expected amount. The CO-OPs' enrollment numbers were similarly alarming. According to the 2014 reports they submitted to HHS, five of the failed CO-OPs dramatically underperformed enrollment expectations (leading to insufficient income for premiums), while five others overshot their enrollment projections (which also causes losses due to underpriced premiums). HHS was aware of these problems in early 2014, but took no corrective action and continued to disburse loans to the distressed CO-OPs." ("Failure Of The Affordable Care Act Health Insurance CO-Ops," Senate Committee On Homeland Security And Governmental Affairs' Subcommittee On Investigations , 3/10/16)

Clinton's Solution? Double Down On Co-Ops With A Public Option

In July, Hillary Clinton Formally Endorsed Creating A Public Option In ObamaCare. "Hillary Clinton willformally reaffirm on Saturday her support for creating a 'public option' within Obamacare and allowing people to enroll in Medicare at age 55, campaign aides have told The Huffington Post. The presumptive Democratic presidential nominee will also call for a substantial increase in funding in medical clinics that serve low-income Americans." (Jonathan Cohn, "Clinton Formally Backs Public Option In Bid For Sanders Supporters," The Huffington Post, 7/9/16)

  • Clinton's Campaign Touted She Has Supported A Public Option Plan "During This Campaign And Going Back To Her 2008 Presidential Campaign …" "Clinton will also affirm her commitment to give Americans in every state the choice of a public-option insurance plan, something she has supported during this campaign and going back to her 2008 presidential campaign, as well as allowing individuals below the Medicare age to opt in to the program - a proposal she first cosponsored legislation on in 2001 as a senator - by providing the option to those 55 and older." (Hillary For America, "Additional Health Care Proposal Affirms Hillary Clinton's Career-Long Fight To Expand Access To Care And Effect Universal Coverage," Factsheet , 7/9/16)

Former Health And Human Services Secretary Kathleen Sebelius Viewed Co-Ops As A Substitute For The Public Option During Original ObamaCare Negotiations. "Murmurs from the White House that the government-sponsored public insurance option could be negotiated or even dropped from President Obama's health care reform plan in favor of nonprofit cooperatives has left the medical community abuzz and the public a bit confused. The talk started Saturday after Obama indicated during a town hall meeting in Colorado that publically funded health insurance was not the centerpiece of his reform plan but 'only a sliver' of the solution. And on Sunday, Health and Human Services Secretary Kathleen Sebelius said that co-ops are being considered as an alternative way to fulfill the president's goal of creating more competition in the health insurance industry." (Lauren Cox, "'Public Option Or Co-Op? Experts Sound Off," ABC News, 8/18/09)

  • Sebelius Said That The Public Options And Co-Ops Performed Similar Essential Functions Because They Offered Competition To The Private Market. "Sebelius said the White House would be open to co-ops instead of a government-run public option, a sign Democrats want a compromise so they can declare a victory on the must-win showdown. 'I think there will be a competitor to private insurers,' she said. 'That's really the essential part, is you don't turn over the whole new marketplace to private insurance companies and trust them to do the right thing. We need some choices, we need some competition.'" ("Public Option Up In The Air After Comments," CBS News, 8/16/09)

During The Initial ObamaCare Debate, Former Senator Kent Conrad (D-ND) Believed That Co-Ops Would "Accomplish Much Of The Same As The Public Option." "'The hard reality is, the reason I was asked to see if I could come up with [an alternative] is that the public option does not have enough support in the Senate to pass,' Conrad said in a recent interview. 'It's an alternative that would accomplish much of what's appealing [in the public option] and not have the fierce opposition of virtually every Republican and some Democrats.' It remains to be seen whether the co-op alternative would win any support for the legislation in Congress." (David Hilzenrath and Alec MacGillis, "Health Cooperatives Gain Backing As Alternative To Public Option," The Washington Post , 8/18/09)


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