STUDY: Obamacare Markets Are Stabilizing

The Hill reports:

A new analysis of health insurers’ financial data finds that ObamaCare markets are “stabilizing” and insurers are regaining profitability.

The study from the Kaiser Family Foundation contrasts with Republican arguments that ObamaCare markets are in a “death spiral” and “collapsing,” frequently cited as showing why the law needs to be repealed.

“Early results from 2017 suggest the individual market is stabilizing and insurers in this market are regaining profitability,” the study finds. “Insurer financial results show no sign of a market collapse.”

  • Skokieguy [Larry]

    The comments section on The Hill for this story are certain to be entertaining and full of factual, well-thought out statements.

    • Butch

      I will venture into the comments section on only three or four blogs total, this being one. That there comment section on The Hill is a good example of the reason why.

      • Skokieguy [Larry]

        I don’t do it too often and am thrilled on the rare occasions when semi-sanity prevails. Typically it is the most shrill, hostile, angry and stupid comments. I imagine many are from troll farms, but many more are the low-intellect Trump supporters he claims to be so fond of.

    • That_Looks_Delicious

      Benghazi!

  • Bluto

    Either this will be fake news or twittler will be hailed as a savior. Take your pick.

    https://uploads.disquscdn.com/images/81fda6c7b5ed1374d042eaa7792e4f628ca2c14bf63484e378d7e3bad1b132bb.jpg

    • clay

      I’m becoming convinced that Donny hasn’t even developed any real estate plans in the last 25 years, he’s merely hired (then ditched) other people to do it for him.

      • That_Looks_Delicious

        It will be tremendous.

        • BudClark

          SNORT!

          • That_Looks_Delicious

            Hey Bud. How are you doing?

          • BudClark

            I’m OK, for now … my world is REALLY fragile, though …

          • That_Looks_Delicious

            (((( ))))

          • Smokey

            (,,,) (,,,)

      • Daveed_WOW

        I’ve suspected this all along. He makes everyone sign non-disclosure agreements, he litigates his partners and contractors out of their share and he buys the naming rights to building that other entities own. I think his only real source of income has been fame. He gets paid to do commercials and he had a very successful network TV show. Nearly all other ventures have been failures. He’s the Zsa Zsa Gabor of real estate development. He’s famous for being famous. Like Paris Hilton, he inherited some money, lost most of it and bought himself some fame to live on and his success has been modest at best.

  • Gustav2

    Republicans: “Quick, kill it before it gets better!”

    • Jeffg166

      They can’t let it work. They will hollow Obamacare out as fast as they can if they can’t push trumpcare through.

    • Anastasia Beaverhousen

      The one time they believe in euthanasia…

    • TrueWords

      The GOP is simply playing to their base to SCRUB clean any mention of the word Obama as so they can appear tough and concerned nothing more than that…

      https://uploads.disquscdn.com/images/a4fd485aa74228a6b0d8f81422158d125f8668dec3fa1f2e1c4910deaf2c4a75.jpg

      • joe ho

        The far-left also votes against its own best interests.

      • JT

        They’d be rich too, if only the guvmint didn’t stop them.

      • Daveed_WOW

        Indeed. None of the Republicans that I know are against “welfare” (TMI: it’s the family business). They just think they’ve got a bigger check coming when the “wrong” kind of people lose their benefits. Invincible Ignorance: A Hell of a Drug.

      • kareemachan

        Freedom’s just another word for nothin’ left to lose…

        • CanuckDon

          Always wondered if Kristofferson came up with that classic statement of wisdom on his own or was it a well-known quote from the past?. If he did, handsome and insightful all rolled into one that man!

          • Circ09

            As long as I don’t have to listen to him trying to sing it! Thank the goddess for Janis. Even Rita Coolidge & Babs couldn’t make KK listenable.

          • Peggyrpearson

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          • Cindyowright

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    • Scott MB

      Exaxtly, they wanted to kill it before things started to get better. Their failire to have a plan, after seven years, has put them in this position. They are scrambling at the last minute, like a college student the night before an exam, shows they have no clue how to lead. All the talk over the past seven years about repeal and replace is now meaningless because they had nothing to replace it with.

      Now they are saying repeal and replace later. I wonder how many would keep their jobs when all their constituents lose their health insurance. The same people that for the first time can afford insurance will be thrown out like trash justso they can get that yukky black dudes law off the books.

      This my friends IS Trump/Republicancare, make them own it and all the people they kill.

    • Acronym Jim

      Much like their healthcare plan.

  • jimbo65

    We all know that the GOP is doing everything in their power to undermine the ACA. But special disdain and hate needs to be directed at Little Marco for sabotaging the risk corridors provision of the ACA.

  • joe ho

    And Democratic commentators on cable news still don’t explain why the mess exists:

    1) Ocare was predicated on idea that medicaid expansion would be in all states. Instead some GOP states refused it, putting high rise/high cost patients into the exchanges.

    2)GOP Congress limited/killed risk corridors meant to cushion insurance companies from losses until more healthy people entered the markets through the mandate

    Hence, insurance cos. raise prices and/or pull out of the markets.

    It’s shocking that Democrats fail to pound home this basic message. But they don’t.

    • rednekokie

      Who ever said that democrats had more common sense than republicans?

    • JT

      They have a bad case of “play nicey nice” with the monsters on the other side.

    • Jean-Marc in Canada

      They should take a page from our book, there’s a time to be nice and then there’s a time to yell NO MORE MR. NICE GAY! That’s what the Dems need to learn.

      • joe ho

        They won’t. They lack the killer instinct republican pols have. Which is why they lose even though liberal ideas are more popular. Not likely to change.

  • Michael R
    • That_Looks_Delicious

      He knows it’s dead in the water and he’s preemptively putting all the blame on McConnell/Ryan.

      • Rambie

        I say, let the Shitgibbon burn that bridge

        • Todd20036

          Or at least, let Krispie block it.

      • FAEN

        I hope it is but I put nothing past these guys. And THIS horrific bill may die but you know they’ll probably come back with something worse.

    • Stogiebear

      They’re not leaving Donnie, they’re just going golfing.

  • DaddyRay

    I know it is just business but it just seems wrong that healthcare has to be profitable

    • FAEN

      Exactly! Healthcare should not be for profit.

    • Todd20036

      It’s America. That’s how people function. Something has to be in it for them.

      I know what you are saying, basic health care should be done by the government, but with the GOP mucking things up and the democrats lacking a collective spine, this is the best we can do

    • 2guysnamedjoe

      I’ve never understood why employers and insurance companies should have anything to do with medical care.

    • Ginger Snap

      Profit of the sick is 100% wrong but it’s what the rich love keeping the poor down and dying.

  • clay

    In other words, insurance execs are convinced that Congress will fail Donny, and that Donny doesn’t have the balls to deny them payment without legal/legislative backing.

  • Bj Lincoln

    Don’t let the facts get in your way GOP.

    • kareemachan

      Don’t worry, they won’t. They are the most fact-free people I’ve ever seen.

    • Circ09

      Lucky for them the GOP have a fact-free voting populace that won’t know what hit them until the fix is already in.

  • TrueWords

    See that is the problem in America NO ONE really talks about the time it takes for things to happen…we are addicted to fast fixes that do not mean anything…we in this country package everything as a quick fix and something as large and complex as ObamaCare can not happen overnight it takes time.

    Many of us do not respect the process because that requires information and NOT judgement.

    http://thehill.com/sites/default/files/styles/thumb_small_article/public/blogs/obamacare_.jpg?itok=kXLVtscB

  • CanuckDon

    Phew….oh thank gawd the insurers are recovering and profiting from human illness and suffering once again! /s

    • Yes, misery and despair has a bright side so long as someone Profits.

    • -M-

      It’s not bad that people get paid to see that other people don’t die or go broke. The problem is Republicans don’t want insurers to have to deliver the product they promised to people by accepting their payments.

  • Ninja0980

    And that is despite Republicans attempts to undermine it every step of the way.

  • JWC

    Lies lies lies If Trump has introduced anything its how to lie and his cog horts have hitthe trial running

  • Acronym Jim

    Upon hearing this news, Paul Ryan and Mitch McConnell called Ivanka with a code red status to have Donald’s phone taken away before he could send out a tweet taking credit for the stabilization.

  • andrew

    When I think about the Obama presidency, sandwiched between Bush and Trump, I recall the lyrics: “That once there was a fleeting wisp of glory, called Camelot.”

    • andrew

      “Don’t let it be forgot / that once there was a spot / for one brief shining moment / that was known as Camelot.”

  • JCF