Seth Chandler
As Obamacare fails to hit enrollment projections, President Obama is sweetening the pot for his insurance allies, who will now have 100 percent of their losses on claims between $45,000 and $250,000 covered by a de facto tax on most Americans’ health insurance—including employer-based insurance.
ACA Death Spiral, June 17, 2015
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Seth Chandler
Obamacare’s overly complicated subsidy-calculation formula will soon be yielding some unexpected and unappealing results for policy-holders, many of whom will see their costs go up by an even greater percentage than their plan’s premiums.
ACA Death Spiral, June 5, 2015
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Seth Chandler
As filings convey, President Obama’s insurance-company allies are hiking premiums because Obamacare’s mandates have attracted an unhealthy mix of people and sent coverage costs’ soaring even more than expected, while insurers’ handouts are phasing out, and Congress stopped the insurer bailout.
ACA Death Spiral, June 2, 2015