Part of our core mission? Exposing the Left's blatant hypocrisy. Help us continue the fight and support the 2021 Year-End Campaign now.

Political Editors / August 24, 2016

ObamaCare Near Collapse in TN

Huge rate increases coming in 2017, and the exchange isn’t doing so well.

The insurance regulator for the state of Tennessee warned that the state’s ObamaCare exchanges are “very near collapse.” As health care costs only continue to increase, some insurance companies who have remained on the federal exchange are beginning to plan exit strategies. For example, Blue Cross Blue Shield of Tennessee (BCBST) estimated that by the end of 2016 it will have lost upwards of $500 million since entering the exchange three years ago. In light of the rising health care costs and the threat of losing the three remaining insurance companies currently operating within the federal exchange in Tennessee, the state government has given the green light for these remaining companies to increase their rates for individual plans — up to 44.3% with Humana, 46.3% for Cigna, and a shocking 62% in the case of BCBST.

Tennessee Senator Lamar Alexander, chairman of the Senate health committee, said that the large increase in rates is proof that ObamaCare is not working. He questioned, “How can anyone continue to defend this law while they watch it wreak havoc on family budgets, stealing money hardworking Tennesseans had set aside to buy a home or send their child to college but will now have to spend on their skyrocketing premiums?” But it’s not only those ObamaCare exchange plans which will see rate increases — it’s estimated that those off-marketplace plans will also see double-digit price increases. No one is free from the ObamaCare monster. Not even a model state like Tennessee.

Start a conversation using these share links:

Who We Are

The Patriot Post is a highly acclaimed weekday digest of news analysis, policy and opinion written from the heartland — as opposed to the MSM’s ubiquitous Beltway echo chambers — for grassroots leaders nationwide. More

What We Offer

On the Web

We provide solid conservative perspective on the most important issues, including analysis, opinion columns, headline summaries, memes, cartoons and much more.

Via Email

Choose our full-length Digest or our quick-reading Snapshot for a summary of important news. We also offer Cartoons & Memes on Monday and Alexander’s column on Wednesday.

Our Mission

The Patriot Post is steadfast in our mission to extend the endowment of Liberty to the next generation by advocating for individual rights and responsibilities, supporting the restoration of constitutional limits on government and the judiciary, and promoting free enterprise, national defense and traditional American values. We are a rock-solid conservative touchstone for the expanding ranks of grassroots Americans Patriots from all walks of life. Our mission and operation budgets are not financed by any political or special interest groups, and to protect our editorial integrity, we accept no advertising. We are sustained solely by you. Please support The Patriot Fund today!

★ PUBLIUS ★

“Our cause is noble; it is the cause of mankind!” —George Washington

The Patriot Post is protected speech, as enumerated in the First Amendment and enforced by the Second Amendment of the Constitution of the United States of America, in accordance with the endowed and unalienable Rights of All Mankind.

Copyright © 2021 The Patriot Post. All Rights Reserved.

The Patriot Post does not support Internet Explorer. We recommend installing the latest version of Microsoft Edge, Mozilla Firefox, or Google Chrome.