PASS A REPLACEMENT PLAN FOR THE AFFORDABLE CARE ACT, DON'T
BREATHE TOO EASY, BECAUSE IT TURNS OUT THAT NEXT YEAR, HEALTH
INSURANCE COPIES ARE PLANNING ON RAISING THE PRICES OF PREMIUMS,
DUE TO THE INSTABILITY AND UNCERTAINTY CAUSED BY
TRUMP, AND MEMBERS OF CONGRESS.
NOW, KEEP IN MIND, PRIVATE INDUSTRY HATES UNCERTAINTY,
AND SO THEY ARE UNAWARE OF WHAT'S GOING TO HAPPEN.
MIXED SIGNALS FROM PRESIDENT TRUMP HAVE CREATED UNCERTAINTY
FAR OUTSIDE THE NORM, AND INSURERS TO SEEK HIGHER PREMIUM
INCREASES FOR 2018 THEN WOULD HAVE OTHERWISE BEEN THE CASE.
KAISER FAMILY DID SOME RESEARCH INTO THIS, BECAUSE THEY
WERE CURIOUS TO SEE WHAT THE MARKET WILL LOOK LIKE IN
2018, AND SURPRISINGLY, THE NUMBERS ARE LOOKING TOO GOOD.
KAISER RESEARCHERS LOOKED AT PROPOSED PREMIUMS FOR A
BENCHMARKS OVER PLAN ACROSS MAJOR METROPOLITAN AREAS IN
20 STATES AND WASHINGTON DC.
OVERALL, THEY FOUND THAT 15 OF THOSE CITIES WILL SEE
INCREASES OF 10% OR MORE NEXT YEAR.
THE HIGHEST IS A 49% JUMP IN WILMINGTON, DELAWARE.
THE ONLY DECLINE WAS ACTUALLY IN PROVIDENCE, RHODE ISLAND, WITH A
5% REDUCTION.
NOW, IF YOU LOOK AT THIS LIST, YOU WILL GET A SENSE OF THE
CITIES THAT WILL SEE AN INCREASE IN THEIR PREMIUMS.
NEW YORK CITY, 10%; PORTLAND OREGON, 12%; LOS ANGELES,
CALIFORNIA, 12%; NASHVILLE, TENNESSEE, 21%.
VIDEO BUFFERING -
WHY THIS IS DISASTROUS.
ONE IS THAT, AS ANA IS TELLING YOU HERE, THEY ARE ASSUMING THAT
THEY MIGHT NOT GET HELP FROM THE GOVERNMENT TO ñ ON THOSE
PREMIUMS, BECAUSE THAT WAS THE OLD PLAN, SO THEY ARE LIKE, WELL
LET'S JUST IN CASE BOOST THE PREMIUMS, AND SO NOW YOU HAVE TO
PAY MORE BECAUSE OF THE INSTABILITY.
SECONDARILY, THEY THOUGHT THAT THE IRS MIGHT STOP ENFORCING THE
MANDATE, AND THE FINES, SO THEY WERE WORRIED ABOUT THAT THAT
WOULD COST THEM ADDITIONAL PREMIUMS AS WELL, BECAUSE THEN
PEOPLE WOULD STOP GETTING INSURANCE, KNOWING THAT THERE
WAS GOING TO BE NO FINE, SO BECAUSE OF THAT THEY ALSO
INCREASED PREMIUMS BY 1.2, ALL THE WAY UP TO 20%,
ON TOP OF THE 23% WE TALKED ABOUT EARLIER.
SO, THAT'S ALL DISASTROUS NEWS FOR ANYONE WHO HAS TO ñ
ESPECIALLY IF YOU DON'T HAVE EMPLOYER-BASED HEALTH CARE,
AND PART OF THE REASON WHY INSTABILITY IS A REALLY BAD
IDEA.
INSTABILITY IS A BAD IDEA WHEN IT COMES TO WORLD AFFAIRS,
MARKETS, AND IN THIS CASE HEALTH INSURANCE AS WELL, BUT
SECONDARILY, IT CREATES THIS IRONIC SITUATION WHERE TRUMP
WILL THEN TURN AROUND AND GO, LOOK, PREMIUMS ARE GOING UP
BECAUSE OF OBAMACARE.
EXPERTS WILL SAY, NO, PREMIUMS ARE GOING UP BECAUSE OF
YOU, BUT HE WILL LIE ABOUT IT.
AND PEOPLE WILL BUY IT, THEY WILL GO, THIS IS BECAUSE OF
OBAMACARE, TO THE PREMIUMS, THEY ARE EXPLODING.
THAT THE FIRST READING PART OF ALL OF THIS, IT'S HOW EASY
IT IS TO SPEND WHAT'S REALLY GOING ON, AND IN THIS CASE,
AGAIN, IT'S ABOUT THE INSTABILITY.
INSTABILITY, AND THIS UNSTABLE SITUATION WE ARE DEALING
WITH, IS MAKING THEM RAISE THEIR PREMIUM PRICES.
THIS IS CRAZY, BUT THAT'S THE REALITY OF THE SITUATION.
WE'LL SEE HOW IT PLAYS OUT.
YEAH, SO DON'T BELIEVE THE HYPE.
GO AND ACTUALLY BELIEVE THE KAISER FAMILY FOUNDATION REPORT
ON IT.