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Aetna CEO Threatened Obamacare Pullout If Feds Opposed Humana Merger

(www.huffingtonpost.com)
142 points helloworld | 3 comments | 17 Aug 16 17:52 UTC | HN request time: 0.621s | source
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uptown ◴[17 Aug 16 18:22 UTC] No.12307006[source]▶
The public is starting to get a peek at the 2017 rates. To put it lightly, they're not pretty. This post shows the proposed premium increases, averaging around 24%. It's likely these may land somewhere below those numbers, but the cost of simply being insured before any co-pays or paying any deductibles has rapidly become unsustainable for a huge percentage of the population, especially the middle-class who earn too much for subsidies but not enough to cover the costs of proper insurance and care.

http://www.zerohedge.com/news/2016-08-15/obamacare-sticker-s...

replies(1): >>12307020 #
1. addicted ◴[17 Aug 16 18:24 UTC] No.12307020[source]▶
The "leaked" numbers have always been higher than what actually happens.

The insurance companies always propose higher increases in order to have a stronger bargaining position, and those numbers have historically been bargained down to something decent.

replies(1): >>12307081 #
2. uptown ◴[17 Aug 16 18:30 UTC] No.12307081[source]▶
Absolutely. But I'd wager the vast majority of the increases land well above the rate of inflation. And since open-enrollment begins a few days before the Presidential election, it'll be interesting to see how those numbers are managed given that Hillary has hitched her campaign to the Affordable Care Act as an extension of her original campaign for universal health insurance when she was First Lady.
replies(1): >>12308019 #
3. coredog64 ◴[17 Aug 16 20:12 UTC] No.12308019[source]▶
As it's unlikely to be a competitive race by then, I would expect that certain people will be reminded of certain aspects of the power of the executive branch and that will be that.