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Politics : View from the Center and Left
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To: neolib who wrote (307554)8/9/2016 9:22:56 PM
From: neolib  Read Replies (1) of 542008
 
I should note several additional companies on that chart baled from the AZ market (Blue Cross and Healthnet, Humana, United Health, and Health Choice). But those ON exchange requested increases are pretty shocking. Hillary's answer will be "But the subsidies..." Well, dumb bunny, that only helps people making low enough incomes. People just above the cut offs will be seriously impacted by those 120% increases. It will do a good job of wiping out savings, discretionary spending, and for many of them, even essential expenses will have to be curtailed. In my case, an income of about 60K will have now have around $14K/year for a Bronze plan, up from around $4K/y pre ACA. So $10K/yr out of my budget is a pretty gaping hole. Hillary doesn't seem to understand this, because she can get $650K for an hours talk at GS...
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