The federal government simply isn't capable of managing and regulating the nation's health insurance providers. Obamacare has been a disaster from the beginning, and now new reports are highlighting the increasingly heavy burden federal meddling is placing on the American people.
The Washington Free Beacon reports:
Health insurers in Washington, D.C., Oregon, and Vermont have requested double-digit premium rate increases for Obamacare plans next year, according to state and district insurance commissioners.
In Oregon, there were eight health insurers participating in the individual market that requested premium rate hikes ranging from 6.9 percent to 21.8 percent.
"This year's rate requests follow two years of significant rate increases as insurers have adjusted to changes in the individual market," said the state insurance commissioner. "Rates increased an average of 23 percent in 2016 and 27 percent in 2017."
In Vermont, BlueCross BlueShield requested a 12.7 percent rate hike, and in Washington, D.C., insurers are raising rates ranging from 13 to 39.6 percent.
The federal government is too big, too inefficient, and too corrupt to involve itself in healthcare, and their actions have done nothing but burden middle-class Americans with higher healthcare costs.
It's time to put We the People back in the driver's seat. An Article V Convention of States can propose constitutional amendments that remove the feds from the daily lives of the American people and ensure that such federal meddling never happens again.
