Category Archives: OBAMACARE (Imploding)

Obamacare Implosion: Last Major Healthcare Provider Pulls Out Of Iowa Leaving No Options In 2018 | Zero Hedge

For the past several months we’ve observed in complete amazement as Democrats have repeatedly hailed the ‘great accomplishments’ of Obamacare while the system was literally, and quite tangibly, collapsing in epic fashion all around them.  The ability to blindly and shamelessly support a partisan cause irrestpective of overwhelming facts proving the ineffectiveness of that cause is truly a talent reserved only for politicians, on both sides of the aisle.

The latest evidence of Obamacare’s implosion comes from its stunning collapse in the state of Iowa in just a matter of a few weeks.  Early last month, 2 of Iowa’s 3 remaining healthcare providers, Aetna and Wellmark, announced they would not participate in the state’s exchange in 2018.  Per Bloomberg:

“Earlier today we informed the appropriate federal and state regulators that Aetna will not participate in the Iowa individual public exchange for 2018 as a result of financial risk and an uncertain outlook for the marketplace,” Aetna spokesman T.J. Crawford said in an email. “We are still evaluating Aetna’s 2018 individual product presence in our remaining states.”

On Monday, Wellmark Inc. said it planned to give up on the Iowa Obamacare market in 2018. Wellmark is one of the state’s largest insurers.

Iowa

 Those decisions left the overwhelming majority of Iowans with just one insurance option for 2018, Medica.  That is, until today when Medica also announced that, “due to instability in the market,” they too would likely have to pull out of Iowa in 2018.  Per the Des Moines Register:

Medica, a Minnesota based health insurer, released a statement suggesting it was close to following two larger carriers in deciding not to sell such policies in Iowa for 2018, due to instability in the market.

“Without swift action by the state or Congress to provide stability to Iowa’s individual insurance market, Medica will not be able to serve the citizens of Iowa in the manner and breadth that we do today. We are examining the potential of limited offerings, but our ability to stay in the Iowa insurance market in any capacity is in question at this point,” the company’s statement said…

Source: Obamacare Implosion: Last Major Healthcare Provider Pulls Out Of Iowa Leaving No Options In 2018 | Zero Hedge

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DR WILLIAM MOUNT: Puerto Rico (US) Files For Bankruptcy

The First (((OCARE))) Obama Care State To Collapse…

Moments ago the Common Wealth of Puerto Rico filed for a Quasi-Bankruptcy Protection by US Courts over it’s $70 Billion Dollars in Debt created by both the Mandatory Health Care costs and Mandatory Welfare.

Puerto Rico – however – is not an Incorporated Territory like the Detroit, the Philippines or the Washington State Secretary of State’s Office.

Puerto Rico is part of the United States Corporation.

Puerto Rico uses the US Dollar as a base and it’s President is appointed by the United States Corporate President.

When Detroit filed for Bankruptcy Protection the courts just let it ride because it is a Private corporation, governed by laws set forth in the State of Michigan Corporation. It is the Michigan Department of Treasury Corporation that oversees the Corporation of Detroit.

It’s an Incorporated City – the Corporation of Detroit.

When Puerto Rico files for Bankruptcy it files as part of the United States Corporation – however  – under executive order 12803 the United States is completely privatized and may in fact have only a few employees.

Common Wealth Territory or not – Puerto Rican Bonds are issued from the United States.

See the picture

When we told the owners of the Federal Reserve Banks, the US Treasury and Deutsche Bank they were about to loose $ Trillions – that was not meant as a joke and I am sure their CEOs will be forgiven by their owners for overlooking what we sent them.

We even reminded them Monday and Tuesday on their Facebook Pages but they failed to listen to GOD’s last warning.

Arrogantly Ignorant??

The US Presidential Appointed Governor of Puerto Rico is currently petitioning the Federal Oversight Board to invoke a Quasi-Bankruptcy (Fake) law that puts a stand off before a Judge.

In other words – the US Treasury Notes used to support the Democratically Controlled National Socialist State (NAZI) of Puerto Rico are not going to be paid back.

“For the loss of a Horse Shoe Nail the Kingdom was lost…”

By 1 June their investors will not have a pot to pee in

By 1 November they will not have pee to put in the pot.

Few stories flatten me – but this one – ohm boy, it’s a biggie.

They are selling a $1,000 Puerto Rican Bond – a US Treasury Bond – for $49.

It literally Trump’s every other story of the year.

And so it begins.

The fall of the US Dollar and it’s Empire…

Source: DR WILLIAM MOUNT: Puerto Rico (US) Files For Bankruptcy

Visualizing the Epic Collapse of Obamacare

obamacare-fail

Back in the summer of 2016, as Obamacare rates were being set for the 2017 plan year, we repeatedly argued that the entire system was on the “verge of collapse” as premiums were soaring, risk pools were deteriorating and insurers were pulling out of exchanges all around the country leaving many Americans with just a single ‘option’ for health insurance (see “Obamacare On “Verge Of Collapse” As Premiums Set To Soar Again In 2017“).

And while Democrats may be all too willing to quickly dismiss our analysis, just a few weeks ago we suggested that they should at least listen to the warnings of the CEO of one of the country’s largest health insurers who said that Obamacare is in a “death spiral.” In speaking with the Wall Street Journal, Aetna CEO Mark Bertolini said, among other things, that the “risk pools are deteriorating in the ACA” to a point that it would inevitably result in more withdrawals this year. Per The Hill:

“It’s not going to get any better; it’s getting worse.”

“That logic shows just how much the risk pools are deteriorating in the ACA,” Bertolini said.

He added: “I think you will see a lot more withdrawals this year. … There isn’t enough money in the ACA as structured, even with the fees and taxes, to support the population that needs to be served.”

“It is in a death spiral,” he said, but did not say whether Aetna would participate in the exchanges in 2018.

All that said, we suspect that certain members of Congress don’t like to read all that much and are more “visual learners.” As such, we thought the following graphics, which clearly depict the epic collapse of Obamacare, may help lend some perspective to Democrats who are vehemently fighting to preserve a system that is clearly very broken.

Before we get into what could happen (and most likely will happen) over the next couple of years, here is a look at what has already happened to insurance coverage “options” for consumers across the nation. As can clearly be seen, coverage options, particularly for people of the southeast and mid-west, have been decimated. (Dear Chuck Schumer and Nancy Pelosi, please note that all of the below happened well before President Trump moved into the White House). 

Charts per Bloomberg:

Ocare

Source: Visualizing the Epic Collapse of Obamacare | Alternative

The Plane Truth ~ Deep State, Deep Players and Who is Behind Donald Trump? with Jim Willie

Published on 31 Mar 2017

More from Jim Willie at:
http://www.goldenjackass.com

Music:
“Griphop”
Kevin MacLeod (incompetech.com)
Licensed under Creative Commons: By Attribution 3.0
http://creativecommons.org/licenses/b…

Audio File:
http://www.mediafire.com/file/kwq9dxx…

BREAKING: Paul Ryan Had A Secret Meeting An Hour After He Killed The Healthcare Bill

 

Published on 27 Mar 2017

http://inteldinarchronicles.blogspot….

Speaker of the House and total sellout Paul Ryan was photographed yesterday, just one hour after announcing to the world that the GOP health care bill was dead in the water, rushing to a secret meeting in a residential neighborhood of Washington DC. A reporter for the Washington Examiner heard on a secured channel that Ryan had broken away from his security detail and managed to follow him and take the above photograph of him exiting the vehicle.

The men he is with aren’t his Secret Service detail. They are the driver and lead agent for former President Barack Obama. Examiner reporter Walter Lyons stayed on scene long enough to see Ryan leave approximately an hour later. He told a colleague at the Federalist Papers:

“He was full of smiles. It was as if he had just accomplished a mission that he had been working on for months.”

It would appear that Ryan has been working with Obama’s Deep State shadow government all along.

Healthcare bill defeated: the world ends — Jon Rappoport’s Blog

Healthcare bill defeated: the world ends By Jon Rappoport Reuters: “In the past few years, the House has voted more than 60 times to repeal or alter Obamacare, but Republicans had no hope a repeal would become law as long as Obama was president and could veto their bills.” But now that the new version […]

via Healthcare bill defeated: the world ends — Jon Rappoport’s Blog