The Obama administration said Monday premiums for Obamacare will increase by an average of 25 percent next year.
The Department of Health and Human Services said each of the 39 states currently served by the federally run online insurance exchanges will experience different price hikes. Three large insurers have decreased participation in the Obamacare marketplace, which will leave one in five consumers with only one insurance plan to chose from.
There will be 28 percent fewer insurance companies participating in the exchanges, with only 167 available, down from 232. More than 10 million people buy insurance through HealthCare.gov, and many get financial assistance.
Read more here: http://www.mcclatchydc.com/news/politics-government/article110203782.html#storylink=cpy
This is what happens when government gets involved with business
Discussion in 'News & Current Events' started by Revmitchell, Oct 24, 2016.
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Revmitchell Well-Known MemberSite Supporter
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Naturally if government is involved with business, business is involved with governmenT.
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The military also has hospitals, housing, laundry facilities...... -
Crabtownboy Well-Known MemberSite Supporter
Yep, and the government makes sure that harmful, cheap ingredients are not put in our foods. Guess that is a problem also.
Remember the melamine poisonings in China a few years ago. Lack of government oversight and enforcement led to the deaths of at least six children.
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From: http://earthsky.org/human-world/2008-milk-scandal-a-new-twist-in-chinas-toxic-tale
The 2008 Chinese milk scandal was one of the worst food poisoning fiascos on record. An estimated 300,000 children and infants became ill, and at least six died, after ingesting milk or powdered infant formula tainted with melamine. Worse still, the chemical didn’t enter the food supply by chance or even passive neglect, it was deliberately added to the products by multiple companies. An article in the journal Science in 2008 described the operation as “nothing short of a wholesale re-engineering of milk.” -
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