Obama’s Affordable Healthcare Is About to Get 60% Less Affordable in Minnesota

The state of Minnesota have declared ‘an emergency situation’ with Obamacare, as the onerous costs to maintain the plan has placed it on the verge of collapse. Subsequently, they’re permitting health care insurers raise prices by as much as 67% in 2017.

The 67% rate hike follows a very minor 14-49% hike in 2016. Things are, progressively, becoming comical.

“It’s in an emergency situation — we worked hard and avoided a collapse.” Rothman said in a telephone interview. “It’s a stopgap for 2017.”

Don’t worry poor people out there. If you make less than 92k per annum, you qualify for tax credits to soften the blow. Essentially, the federal government will pay you to keep your healthcare. For all of you rich folks earnings more than 92k, you’re fucked.

Jonathan Gold, a spokesman for the U.S. Department of Health and Human Services, said Minnesotans would still have affordable options for coverage next year. “Headline rate changes do not reflect what these consumers actually pay because tax credits reduce the cost of coverage below the sticker price,” Gold said in a statement.

Of the about 70,000 people who had insurance on the Obamacare markets this year, 63 percent got subsidies last year, according to the commissioner’s office.

Minnesota State House Speaker Kurt Daudt, a Republican, said the rate increases, along with allowing some insurers to limit enrollment, were creating a crisis.

“The unhealthy combination of massive cost increases and enrollment caps is creating a health care crisis for thousands of Minnesota families,” Daudt said in a statement.

“Last year at this time when rates were announced, I said there was a serious need for reform in Minnesota’s individual market,” he said. “This year the need for reform is now without any doubt even more serious and urgent.” He called the rising rates “unsustainable and unfair” and said that people were being “crushed by the heavy burden of these costs.”

Pfff. Racist. He’s just hating on these healthcare costs because Obama is half black. Plus, does this person, who is so worried about thousands of Minnesotan families, ever worry about the executives at some of our big pharma corporations? Here in Princeton, a sundry of good big pharma folks make their living by ripping off fuckers in Minnesota via onerous drug prices. They need those revenues for bonuses and share buybacks to be able to afford memberships at the Jasna Polana golf club. You know, those memberships aren’t gonna pay for themselves.