Friday, October 28, 2016 – 08:30 a.m.
We said it would happen over a year ago.
The now-skyrocketing Obamacare premiums will likely impact the November 8 presidential election between Donald Trump and Hillary Clinton.
The debilitating impact the higher premiums will have on reducing disposable household income, and the corresponding effect on the economy, is unimaginable.
If people weren’t paying attention last year. They’re definitely paying attention now.
Hundreds of counties across the nation have been reduced to health insurance provider. That’s one!
That means no competition.
What’s clear is the administration and democrats could care less. The Affordable Care Act mess will not only affect the 2016 election. It will affect the 2018 mid-term congressional cycle, where 23 democrat senate seats will be up for grabs.
Individuals and families in the ‘silver plan’ market are being crushed.
The ‘Silver’ level is where one starts to see some sort of benefit coverage, other than the catastrophic events covered by cheaper ‘Bronze’ plans.
Just wait until taxpayers learn of the higher income tax penalties for not buying insurance this year.
It was only a matter of time.