2016-05-26 21:04

This Is How Much Your Health Insurance Payment Is About To Jump By

Thanks 0bama!

It's official: years of warnings that Obamacare will lead to dramatic increases in healthcare premiums are about to be validated.

As the WSJ writes, big health plans stung by losses in the first few years of the U.S. health law's implementation are seeking hefty premium increases for individual plans sold through insurance exchanges in more than a dozen states.

To be sure, we have extensively covered the imminent danger of rising healthcare prices as a result of Obamacare's intrusive intervention in the insurance sector; however now that this is about to become mainstream information, we expect consumers to hunker down and save even more in anticipation of what is about to be a shock price increase for millions of middle-class American families.

As the WSJ reports, the insurers' proposed rates for individual coverage in states that have made their 2017 requests public largely bear out health plans' grim predictions about their challenges under the health-care overhaul. According to the insurers' filings with regulators, large plans in states including New York, Pennsylvania and Georgia are seeking to raise rates by 20% or more.

In states such as Florida and Maryland, insurers are seeking to raise premiums by percentage averages that are markedly above 10%. Among those that have published so far, only in Vermont do big insurers' requests fall below 10%.  Proposals still have to be approved by state regulators, and a full picture of final approved rates across the entire country likely won't be known until shortly before HealthCare.gov and state equivalents reopen for the law's fourth main enrollment window on Nov. 1.

Nonetheless, the proposed average increases that are available are a vivid indicator this year of how insurers are adapting to the 2010 Affordable Care Act's transformation of the way health coverage is priced and sold in the U.S.

So for all those currently enrolled in healthcare plans administered in the following states, this is how much, on average, your plans will go up by.

 

The silver lining? Since this effective tax goes straight to "boosting US GDP", we look forward to a year of "above trendling" GDP growth thanks to this forced reallocation of consumers' disposable income into the infamous "healthcare" category.

In Today's Layoff News: Microsoft Fires 1,850; Intel Cuts 350; Shell Terminating 2,200

Thanks 0bama!

Facebook Scandal: Free Speech, as long as you are a Liberal

Fakebook: free speech, as long as you're a Liberal!

Media Ignoring a MAJOR Part of the Facebook Scandal

http://www.mrctv.org/blog/mainstream-media-ignoring-major-part-facebook-scandal

Thanks 0bama!

Middle Class Shrinks in 9 of 10 US Cities as Incomes Fall

ABC News - 19 hours ago

A widening wealth gap is moving more households into either higher- or lower-income groups in major metro areas, with fewer remaining in the middle, according to a report released Wednesday by the Pew Research Center.

More Evidence of the Middle Class Disappearing Act   Independent Women's Forum 

Shrinking middle class transforming communities nationwide, new study says   Deseret News

562,000 Workers Drop Out Of The Labor Force As Participation Rate Resumes Drop

We need Trump to rescue us all!

•   Prime Aged Workers Tumble By 280K
•   Workers 55 And Over Surge To New All Time High
•   Full-time jobs -253K [YES, THAT IS A MINUS!]
•   562,000 Workers Drop Out Of The Labor Force As
•   Participation Rate Resumes Drop
•   -316,000 jobs [YES, THAT IS A MINUS!]
•   April Payrolls 160K, Exp. 200K

562,000 Workers Drop Out Of The Labor Force As Participation Rate Resumes Drop
http://www.zerohedge.com/news/2016-05-06/562000-workers-drop-out-labor-force-participation-rate-resumes-drop

In addition to the poor headline Establishment survey print which rose only 160,000 in April, coupled with a deplorable Household survey employment number which plunged by 316,000 for the month and below levels seen in February, an even more concerning development was the resumption in the deteriorating trend in the US labor force participation rate, which in recent months had been on a steady increase as far fewer workers were dropping out of the workforce (contrary to convention wisdom, this was not driven by new entrants into the labor force).

All that changed today, when the number of Americans not in the labor force soared by a whopping 562,000 in April, pushing the grand total of people not in the labor force back over 94 million and fast approaching the all time high of 94.6 million.

As a result, the participation rate, which recently had climbed to 63% or the highest since early 2014, has once again resumed its downward slope with the April print down to just 62.8% as the poor labor and demographic conditions once again emerge as a key driver within the US workforce.

Morning Joe Panel LAUGHS UNCONTROLLABLY After Watching Trump Supporter Destroy Lyin’ Ted

The panel on Morning Joe laughed uncontrollably after Ted Cruz had a run-in with Trump supporter Shane Auler in Indiana.

On Monday Trump supporters protested Ted Cruz outside an event in Indiana.
The Trump supporters were standing across the street from Ted chanting when Ted decided to go talk with them.
Big mistake!

The protesters called Cruz "Lying Ted" to his face – over and over again.

The protesters went on to tell Ted, "It's time to drop out!"

The protester took advantage of Ted's many mid-sentence Shakespearean pauses – scoring hit after hit.
This exchange was hilarious:

Ted Cruz: Sir, America is a better country…

Protester: Without you.

Ted Cruz: Thank you for those kind sentiments. Let me point out I've treated you respectfully the entire time. And a question everyone here should ask…

Protester: Are you Canadian?

Oh my gosh.
What a disaster.

On Tuesday Joe Scarborough laughed uncontrollably after playing part of the exchange on Morning Joe.

"Are you Canadian?… Oh my God, are you Canadian!… Who was that guy? He's got great timing!… That's the problem when you have the Shakespearean pauses or the Pinter pauses, you leave room… "

.@tedcruz crosses the street to confront @realDonaldTrump backers on the sidewalk https://t.co/G0alC50KAr

— Morning Joe (@Morning_Joe) May 3, 2016

The post Morning Joe Panel LAUGHS UNCONTROLLABLY After Watching Trump Supporter Destroy Lyin' Ted (VIDEO) appeared first on The Gateway Pundit.