The most important thing Trump can do in his first 180 days is to repeal Obamacare. It doesn’t matter if it will be messy or even harmful to the economy in the short term. The Obamacare program is an anchor. Its slowing us down, and if we don’t address the problem quickly, it could threaten to sink the ship. This is hopefully #1 on Trump’s action items list when he starts on January 20th.
InfoWars – Premiums are expected to spike 22% next year for Obamacare.
Taxpayers will dole out nearly $10 billion more next year to help people buy Obamacare health care plans through the insurance exchanges, according to a study released Thursday that highlighted the spiraling costs of President Obama’s signature achievement.
The federal government will spend $42.6 billion to subsidize customers’ Obamacare plans, up from $32.8 billion this year, the Center for Health and Economy said, amid widespread questions over the law’s ability to survive.
Premiums for Obamacare’s benchmark plans are expected to spike an average of 22 percent next year, but under the complex law’s operations, taxpayers finance most of the costs. As a result, the average monthly government bill for each Obamacare customer will rise from $291 this year to $367 next year, the analysis found.
SEE ALSO: HealthCare.gov extends signup deadline, cites ‘extraordinary’ surge before Dec. 15 cutoff
“That’s not sustainable,” said Rep. Kevin Brady, Texas Republican and chairman of the House Ways and Means Committee, which will have a major hand in trying to rewrite the health care law when Congress convenes next month.
Lawmakers also fear there is costly fraud in the program. The Government Accountability Office on Thursday said federal and state-run exchanges approved coverage for nine out of 12 fictitious enrollees who signed up outside of the normal enrollment period because of major live events, such as losing coverage or getting married.
The administration says it is trying to crack down on people who game the system by using “special enrollment periods” to sign up only after they become sick.
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