Most Americans are just a single illness away from losing everything. In our country today, medical bills are the number one reason why people go bankrupt, and many of them even had “good health insurance”. As you will see below, even if you have “good health insurance” you can still be stuck with a $100,000 bill for a single hospital stay. Our healthcare system does not work, it is absolutely barbaric, and both political parties have completely dropped the ball. The big health insurance corporations now dominate the entire industry, and they have become masters at finding loopholes that will allow them to wiggle out from having to pay claims. The entire purpose of these companies is to take in as much money as possible and to pay out as little as they can, and in the process millions upon millions of American families are being financially ruined.
Yes, this is a true story. I was completely shocked when I learned about this too, and this just underscores the importance of repealing the individual mandate immediately. Shortly after taking office, President Trump issued an executive order which was intended to move the IRS away from enforcing Obamacare’s individual mandate, but now the IRS has found a way around that executive order. According to the official AARP website, the IRS has announced that it will not process any tax returns from individuals that are not willing to disclose whether they currently have health insurance or not…
Could you afford to pay $3000 a month for health insurance? Previously, Ian Dixon had been paying $900 a month for health insurance for his family of four, but thanks to changes in the Charlottesville insurance market, a similar plan will now cost him more than $3,000 a month. When I first came across this story on Zero Hedge, I have to admit that I got angry. I was angry at the Democrats for destroying our healthcare system in the first place, and I was angry at Republicans for failing to repeal Obamacare even though they have had almost a full year to do so. Obamacare is financially destroying hard working families all over the nation, and Congress must take action immediately.
Everybody agrees that healthcare costs are way too high. Back in 1960, healthcare spending accounted for approximately 5 percent of GDP, and by 2020 it is being projected that healthcare spending will account for 20 percent of GDP. And when you break those numbers down into actual dollars, they become even more staggering. Back in 1960, an average of $146 was spent on healthcare per person for the entire year, but today that number has skyrocketed to $9,990. On a per capita basis, we spend far more than anyone else in the world on healthcare. In fact, we spend almost twice as much as most other industrialized nations on a per capita basis. Something has gone terribly wrong, and we desperately need to get this fixed.
Are you ready for your health insurance premiums to go up again? Ever since Obamacare became law, health insurance premiums have been rising dramatically year after year. In 2016, one study found that the average Obamacare premium rose by about 24 percent, and similar increases have been seen all around the nation in 2017. As you will see below, large premium hikes are on tap for 2018 as well, and rates are going to continue to rise until lawmakers finally do something about this nightmare.
On Thursday, the U.S. House of Representatives finally approved a bill that would repeal and replace significant portions of the law that created Obamacare. But it was a very close vote. On Donald Trump’s 105th day in the White House, 217 members of the House voted in favor of the bill, and 213 members of the House voted against the bill. Of course “Trumpcare” is far from perfect, and it actually does very little to fix our rapidly failing healthcare system, but the reason why this is the best thing that Trump has done so far is because this bill would greatly reduce federal funding for Planned Parenthood. But first this bill must get through the Senate before it can become law, and that is looking extremely doubtful at this point. In fact, The Hill is reporting that one Republican Senator has said that this bill has less than a 20 percent chance of succeeding in the Senate…
Top Republicans are now publicly saying that Obamacare will never be fully repealed. In fact, many Republicans in Congress are already using the term “repair” instead of “repeal” to describe what is going to happen to Barack Obama’s signature healthcare law. Without a doubt, the Republicans in Congress are eventually going to do something, but strategists in both parties are now suggesting that most of the key elements of Obamacare are going to remain once everything is all said and done. It will be put into a more “conservative” package, but it will still be Obamacare.