Late last month, the Department of Health and Human Services (HHS) released a new report about steeply rising health insurance premiums and dwindling choices in the Obamacare HealthCare.gov plans for the 2018 plan year.
Virginians for Quality Healthcare
This data demonstrates just how rapidly Obamacare’s exchanges are deteriorating with skyrocketing premiums year after year, more than half of Americans with no more than two insurers to choose from, and the taxpayer burden exploding. There is an urgent and serious need to repeal this failed law and replace it with patient-centered solutions. – HHS Press Secretary, Caitlin Oakley
In the meantime, Congress continues to get special treatment through an administrative ruling from OPM that allows Congress to buy insurance intended for small businesses on the small business exchange (SHOP) and receive an employer (i.e., Congress) contribution which they would otherwise lose by purchasing as individuals, which the Affordable Care Act (ACA) language compelled them to do. Maybe this is why Congress won’t repeal the ACA (Obamacare)—ask Virginia Senators Kaine and Warner.
Meanwhile, many states have expanded Medicaid under the ACA and are incurring rapidly rising costs of this program, taking money away from other programs such as education, transportation, etc. Thankfully, Virginia has not done Obamacare Medicaid expansion—although Democrats have been pushing aggressively to do so—which would have exacerbated this already failing health insurance welfare program.
According to Virginia’s JOINT LEGISLATIVE AUDIT AND REVIEW COMMISSION (JLARC) Managing Spending in Virginia’s Medicaid Program, 2016:
Medicaid spending places increasing pressure on the state general fund budget, even though per enrollee spending growth has been flat in real terms. Medicaid general fund spending has grown by an average of 8.9 percent annually over the past 10 years, while total general fund spending increased by just 1.3 percent. Medicaid spending comprised 22 percent of the general fund budget in FY16, increasing from 14 percent in FY07.
Clearly, we need a Virginia governor and legislators who will reform this program, NOT expand it.
The only solution to skyrocketing Obamacare health insurance premiums and narrower health insurance options is to fully repeal Obamacare and replace it with free market choices. Virginians need senators and representatives who will help to free us from this pernicious healthcare law and a governor and legislators who will offer sound health policies that will give us back the doctor-patient relationship without government interference.