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HHS Secretary Price: “ObamaCare’s Victims Need Relief Now”

“As of this week, 49 counties across the country do not have a single insurer offering plans on the exchanges next year. This year more than 1,000 counties had only one insurer in the ObamaCare market, meaning millions of Americans had no meaningful choice. Meanwhile, the insurers that did stay in the market increased premiums for their midlevel plans by an average of 25%.”

ObamaCare’s Victims Need Relief Now By Tom Price Wall Street Journal June 28, 2017

America faces an urgent crisis in its health-care system. Costs are skyrocketing and choices are disappearing on the individual and small-group markets. Many people now confront the real challenge of having no choice in their health coverage.

One of them is Doug Lake, an Iowa radiologist who came to the White House last week to share his story. His daughter, who suffers from a rare cardiac condition, is covered by an insurer that plans to pull out of ObamaCare’s exchange in their state next year. Only one insurer remains in their county, and that company has requested a 43% increase in premiums.

The situation is even worse elsewhere. As of this week, 49 counties across the country do not have a single insurer offering plans on the exchanges next year.

This year more than 1,000 counties had only one insurer in the ObamaCare market, meaning millions of Americans had no meaningful choice. Meanwhile, the insurers that did stay in the market increased premiums for their midlevel plans by an average of 25%. Premiums on the individual market are up about $3,000 since ObamaCare was implemented. Think about what else that money could buy!

Under ObamaCare, insurers are either running for the exit doors or proposing huge premium increases. Americans instead deserve a market where companies clamor to offer competitive plans to as many customers as they can. That is what Congress has the chance to make possible, and it can’t come a day too soon.

Read the full op-ed here.