Cristy Li

(Catholic Online) Insurance companies are telling Obama and the American people, they must raise premiums, others are pulling out of the ObamaCare Exchanges” just this week we’ve learned that United Healthcare, the biggest health insurer in the U.S. is pulling out of most of the so called marketplaces in 2017 — this is more proof that ObamaCare, rammed down our throats by the Democrats that controlled Congress during the first two years of Obama’s presidency, haphazardly designed a system destined to fail.

Gone are the day’s of Obama’s grandiose promises that ObamaCare would drive down healthcare costs by $2500 a year — where oh where are those promised savings? I digress.

Insurance companies are complaining they cannot generate profits while treating patients–businesses often change what markets will bear and because health care is related to survival, people will pay premium costs. However without meaningful competition, regulation and government collusion, prices naturally rise to a premium cost that prices out those at the bottom and may bankrupt the middle.

Compelling the middle-class to make installments in their pending bankruptcies — Many Americans have realized there is nothing “Affordable” about the Democrat passage of the so called ‘Affordable Care Act’ – On the 10 November, I wrote here that ObamaCare deductibles were rising faster faster than premiums or wages and that a majority of the co-ops were failing and at significant cost to the taxpayers.

Hopefully the rallying call this year during the presidential race will be to repeal and replace this monstrosity called ObamaCare with health insurance which Americans can purchase across state lines (as they do life and car insurance today) which will drive competition, lowering insurance premiums and the sky-high deductibles which have resulted when government meddles in the marketplace.

Related: Former Medicare Chief Warns that ObamaCare Premium Increases are Coming