"A 60-year-old in Illinois making $65,000 a year will see their health insurance premium jump from $460 to $2,800 a month. Starting now. A young worker earning $35,000 who paid $80 per month will now pay $300 per month. That's groceries. That's rent. These examples, reported by the New York Times based on figures from KFF, aren't because hospitals suddenly cost more. Not because insurers got greedier."
"Health-care premiums are about to detonate and we're all staring at the wrong explosion. While Washington and the press corps are hypnotized by the 31-day government shutdown and President Donald Trump's insistence that he has a better, cheaper health-care plan on an invisible clipboard, millions of Americans are about to learn what happens when political sabotage meets media inattention: they get a bill. The sticker shock is already arriving."
"The Republican strategy here is almost artful in its cynicism: First, kneecap the existing system by killing the subsidies that make it function; second, point at the inevitable chaos and scream, See? Broken! Third, argue that only repeal can save us. It's like slashing someone's tires and then handing them a brochure for a new car dealership."
Millions of Americans face dramatic health-insurance premium increases because enhanced Affordable Care Act subsidies expired. A 60-year-old earning $65,000 could see premiums rise from $460 to $2,800 monthly; a young worker earning $35,000 could see premiums jump from $80 to $300. Premiums on ACA exchanges are projected to increase roughly 40 to 60 percent for many consumers. The premium surge stems from policy decisions, not sudden hospital cost rises or insurer greed. The national political focus on the government shutdown and partisan maneuvering has left the public largely unaware of the coming sticker shock.
Read at www.mediaite.com
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