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Like a brilliant meteor crashing down, “Obamacare” continues to disintegrate…
The state of Ohio just announced its insurance co-op is going out of business. Almost 22,000 Ohio residents will lose their coverage in less than 60 days.
That makes 13 out of the health care law’s 23 co-ops now defunct. The remaining 10 co-ops reported a cumulative loss of $202.3 million (so far) in 2016.
[The 23 taxpayer-funded co-ops were a key component of the Affordable Care Act (aka Obamacare). They received $1.24 billion in federal startup loans. Little, if any, will be repaid.]
It gets worse…
The Washington Free Beacon reports 92,000 Coloradan policyholders will lose their coverage in 2017. Those who manage to keep their coverage will see premium payments increase up to 40%. (The average increase will be “only” 20.2%…)
Of course, that’s nothing compared to Georgia’s 65.2% rate increase in 2017…
Longtime Daily readers know there’s just one proven way to avoid getting flattened by the collapsing Obamacare steamroller: Opt out of the system.
Most folks don’t realize there are legal ways to avoid paying for policies you may or may not need (at prices you can’t afford).
PBRG’s retirement issues expert, Bob Irish, directed his research team to dig up every possible waiver, exception, and loophole to the law.
The eye-opening result could save you hundreds—if not thousands—per month on health care costs.
All Palm Beach Letter subscribers can access this lifesaving special bonus report, for free, right here.