'Get the Insurance Companies the Hell Out' of Healthcare System

Jon Queally | Common Dreams | October 25, 2016

Premium spikes for Obamacare plans are just latest example of backward for-profit system

Right-wingers like Charles Krauthammer don't "think anybody should buy it"—and too many Democrats actually don't want to talk about it—but that doesn't mean advocates for a single-payer or 'Medicare for All' healthcare system aren't responding to news about rising insurance premiums for the Affordable Care Act (ACA) with renewed demands. Just weeks away from national elections, the U.S. Department of Health and Human Services (HHS) made financial and political news late Monday by announcing the average premiums for plans under the ACA (aka Obamacare) will rise significantly for many consumers in 2017.

And while Republicans predictably seized on the development as an easy opportunity to again use Obamacare as an electoral cudgel, backers of the legislation—including many Democrats who voted for it—were left trying to defend a healthcare system that has enriched (and emboldened) the private health industry since its passage in 2010. Though progressives have been able to champion specific positive impacts of the law—including Medicaid expansion, the use of pre-existing conditions to prohibit coverage, and expanding the number of insured people—there remain significant shortcomings that critics say cannot be ignored.

In its report on Monday, HHS explained that for consumers who have Obamacare mid-level plans purchased on the federal exchange, premiums will increase an average of 25 percent next year. While some states will see larger increases, others will be less than that. And while the Obama administration pointed out that many people who use these plans receive government subsidies to pay for them, the Associated Press reports how an "estimated 5 million to 7 million people are either not eligible for the income-based assistance, or they buy individual policies outside of the health law’s markets, where the subsidies are not available"...