The Biggest Health-Care Price Spike in Decades Is Imminent -- And the Media Is Ignoring It [View all]
The Biggest Health-Care Price Spike in Decades Is Imminent And the Media Is Ignoring It - Mediaite
A 60-year-old in Illinois making $65,000 a year will see their health insurance premium jump from $460 to $2,800 a month. Starting now.
A young worker earning $35,000 who paid $80 per month will now pay $300 per month. Thats groceries. Thats rent.
These examples, reported by the New York Times based on figures from KFF, arent because hospitals suddenly cost more. Not because insurers got greedier. Its because Congress let enhanced Affordable Care Act subsidies expireand millions of Americans are about to get the bill.
Health-care premiums are about to detonate and were all staring at the wrong explosion. While Washington and the press corps are hypnotized by the 31-day government shutdown and... Donald Trumps insistence that he has a better, cheaper health-care plan on an invisible clipboard, millions of Americans are about to learn what happens when political sabotage meets media inattention: they get a bill.