Obamacare looking unsustainable as is USA debt

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More and more are realizing that the ‘Affordable Care Act,” otherwise known as Obamacare is unsustainable as it currently exists:

April 17, 2016

UnitedHealth Group Inc. plans to exit a third state Obamacare market as the insurer works to stem losses from its struggling Affordable Care Act business.

The insurer won’t sell policies through Michigan’s ACA exchange for next year, according to Andrea Miller, a spokeswoman for the state’s Department of Insurance and Financial Services. Georgia and Arkansas said last week that UnitedHealth will quit their exchanges for 2017.

UnitedHealth, the largest U.S. health insurer, began warning in November that it was losing money on its Obamacare policies and might exit some markets. http://www.crainsdetroit.com/article/20160417/NEWS01/160419826/unitedhealth-to-exit-michigan-obamacare-exchange-state-says

Insurers Admit ObamaCare Is ‘Unsustainable’ Without Even More Rate Hikes

April 15, 2016

The biggest con job in American history lumbers forward, as insurance companies warn ObamaCare will collapse unless even more huge premium hikes are dropped on customers.

The Big, Big, Big Lie of ObamaCare – the lie of the century, delivered time and again by Barack Obama – was that ObamaCare would be an essentially voluntary program, consistent with the American ideals of free-market liberty. You remember: “If you like your plan, you can keep your plan. No one will take it away from you, period.” The essence of that transcendentally false statement was that participation in ObamaCare would be voluntary, and if you didn’t like it, why, you could keep your fine old low-cost, high-quality plan.

Obama was fond of bragging that people would not want to keep their old plans, because the Affordable Care Act plans would be superior in every way, most definitely including cost. He promised the average family would save $2500 per year with his plan.

Instead, the grim reality of ObamaCare described by The Hill is Blue Cross/Blue Shield announcing that ObamaCare customers have 22 percent higher medical costs than traditional insurance customers, insurance companies losing money on ObamaCare in forty-one states, and big insurance companies like UnitedHealth talking about getting out of the Affordable Care Act market entirely, unless they’re given permission to dramatically increase premiums. http://www.breitbart.com/big-government/2016/04/15/insurers-say-obamacare-unsustainable-without-even-rate-hikes/

April 15, 2016

Insurance companies and industry analysts are still concerned about the future of the Affordable Care Act.

The CEO of insurance provider Aetna says it’s still too early to declare the federal health care program a failure but the company “continues to have serious concerns about the sustainability of the public exchanges.”

“Something has to give,” Larry Levitt, an expert from the Kaiser Family Foundation, said according to the Hill. “Either insurers will drop out or insurers will raise premiums.” …

UnitedHealth, a major insurer, has already threatened to leave government plans if it doesn’t start to see things turn around, and analysts worry others could follow. http://www.aol.com/article/2016/04/15/insurers-warn-obamacare-is-unsustainable-expect-premiums-to-ris/21345061/?icid=maing-grid7%7Cmain5%7Cdl10%7Csec1_lnk2%26pLid%3D-1669091239_htmlws-main-bb

As far as Obamacare goes, notice what I posted on February 1, 2014:

I do believe that the “Affordable Care Act,” AKA Obamacare, is essentially an orchestrated catastrophe. I believe that the intention of many involved with it is to produce a ‘single-payer’ system for medical care in the USA, as many knew what was agreed to as law would face many problems–and more are expected.

A “single-payer” plan which essentially would be financed by the federal government of the USA and result in both tax increases and increased in the debt of the USA.

A reader sent me links to the following two items:

For several years, the growing federal debt was ignored as the economic recovery chipped away at once massive spending shortfalls of $1 trillion or more. Now, there’s an uneasy feeling among many policy makers and experts that we are beginning to slip back into risky fiscal terrain. …

Today, we are mostly treated to political doublespeak and hypocrisy about the budget and the need to address a national debt that has reached an historic $19.2 trillion. And that hypocrisy – being played out on Capitol Hill and on the presidential campaign trail – is driving budget and economic experts and average Americans to distraction. http://www.thefiscaltimes.com/2016/04/15/Debt-Hits-19-Trillion-Has-US-Reached-Tipping-Point

The trouble with Time‘s current cover story is not that the $42,998.12 per person the magazine says every American man, woman, and child will eventually be asked to hand over to pay off the government’s enormous debt is too high. It’s that it’s too low.

The figure should be bigger—much, much bigger. In fact, according to Time‘s logic, the amount the magazine should have stated that every American owes is really $59,607. http://fortune.com/2016/04/15/time-national-debt-jim-grant/

The above articles see a problem, and that is before considering the impact of Obamacare on the debt. And it looks like Obamacare will increase it.

The USA also cannot lead the world economically indefinitely and is going to continue to increase its debt–that is not based on any conspiracy but economic fact as well as insight from biblical prophecy (cf. Habakkuk 2:6-8). Can those in the USA see the Handwriting on the Wall?

Obamacare looks to be another item that will increase debt. And that does not seem to have been factored in by government analysts.

If the 6000 years of God’s 7000 year plan is up (see Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End?), and the USA will be no more before the 6000 years is up.

Some items of possibly related interest may include:

Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, English, Scottish, Welsh, Australians, Anglo-Saxon (non-Dutch) Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to Jerusalem and the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo-Saxon nations? Why might God allow them to be punished first? Here is a link to the Spanish version of this article: Anglo-América & las Tribus Perdidas de Israel. Two videos of possible interest may be Will Will USA Spying Help the Beast Power? aand Barack Obama and the State of the Apocalypse.
Will the Anglo-Saxon Nations be Divided and Have People Taken as Slaves? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What about Jerusalem? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people? Here is a link to a video titled Will the USA and other Anglo-nations be Divided and Their People Made Slaves? Here is a related item in the Spanish language ¿Serán divididas las naciones anglosajonas?
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe? Here is a link to a video titled: Can You Prove that the Beast to Come is European?
WTO/TTIP and the Babylonian Beast Will international trade agreements like WTO/TTIP/CETA lead to the fulfillment of end time prophecies concerning the Babylonian Beast power that the Book of Revelation warns against? What does the Bible teach? A related video would be WTO Trade Deal and the Rise of the European Beast Power.
Can those in the USA/UK see the Handwriting on the Wall? Is everything fine in the USA/UK or is it like the days of Noah? Can we learn from the handwriting that appeared on a wall thousands of years ago? Here is a link to a related YouTube video Can you see the ‘Handwriting on the Wall’?
Abortion, the Bible, and a Woman’s Right to Choose Do you know what the Bible teaches on this? Has the Roman Catholic Church allowed abortions? What about the real Church of God? Some may also, or instead, wish to view the YouTube video Abortion, the Bible, and US Debt.
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? Does God have 7,000 year plan? What year may the six thousand years of human rule end? When will Jesus return? 2023 or 20xx? There is also a video titled The 6000 Year Plan: Is the end of humanity’s reign almost up?
When Will the Great Tribulation Begin? 2016, 2017, or 2018? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000? Here is a version of the article in the Spanish language: ¿Puede comenzar la Gran Tribulación en 2016 o 2017? ¿Es el Tiempo de los Gentiles? You can also see the English language sermon video: The Great Tribulation from the Mount of Olives. A shorter video is: Can the Great Tribulation Start in 2016?
Who is the King of the West? Why is there no Final End-Time King of the West in Bible Prophecy? Is the United States the King of the West? Here is a version in the Spanish language: ¿Quién es el Rey del Occidente? ¿Por qué no hay un Rey del Occidente en la profecía del tiempo del fin?
Hillary Clinton in Prophecy Prophecy, Hillary Clinton? Are there prophecies that Hillary Clinton may fulfill? Are there any prophecies that she has already helped fulfill? Could Hillary Clinton be apocalyptic? Could Hillary Clinton be the final Antichrist?
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States? Here is a link to a video titled: The Future King of the North.
Barack Obama, Prophecy, and the Destruction of the United States-Second Edition for Second Obama Term This is a 160 page book for people truly interested in prophecies related to Barack Obama and the United States, including learning about many that have already been fulfilled (which the book documents in detail) and those that will be fulfilled in the future. It also has a chapter about a Republican choice. This book is available to order at www.barackobamaprophecy.com. The physical book can also be purchased at Amazon from the following link: Barack Obama, Prophecy, and the Destruction of the United States: Is Barack Obama Fulfilling Biblical, Islamic Catholic, Kenyan, and other America-Related Prophecies? What About Republican Leaders? Second Edition for Second Obama Term.
Barack Obama, Prophecy, and the Destruction of the United States-Second Term-Amazon Kindle edition. This electronic version is available for only US$2.99. And you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to for your free Kindle reader and then go to Barack Obama, Prophecy, and the Destruction of the United States-Second Term-Amazon Kindle edition.