The headaches from Obamacare's rocky rollout are not going to end any time soon - if ever. Yesterday healthcare industry officials let slip that premiums in many states will "skyrocket" in 2015. And when they say "skyrocket," they're talking about rates that
- Obamacare Premiums in 2015 to "Skyrocket"
- New Obamacare Deadline Needs a Christmas Miracle
- Update: Flailing Obamacare Website Swallows $1 Billion in U.S. Taxpayer Dollars
- Obamacare Facts: Oct. 1 to Be a Rainy Night in Georgia
Today (Monday), the Obama administration extended the Obamacare deadline to sign up for coverage by one day, to tomorrow. Consumers will have to enroll and pay in full by Christmas Eve to have insurance when coverage begins on New Year's Day, or else face a fine.
Most Americans are required to have health coverage in 2014 under Obamacare mandates, or they will face a fine of at least $95 for lapsed coverage.
This one-day Obamacare deadline extension isn't the first. Originally, it was set for Dec. 15. That was extended to Dec. 23, to give consumers additional time navigating the maligned website.
Health and Human Services Secretary Kathleen Sebelius told Congress the dysfunctional Obamacare website, Healthcare.gov, cost $175 million. Meanwhile, the Government Accountability Office came up with a $394 million price tag. But a Bloomberg Government Analysis has tallied up its true cost - a cool $1 billion.
An update on Obamacare Facts: Obamacare implementation in Georgia is, well...not going very smoothly...
According to a poll released Sept. 23 by Healthcare Georgia Foundation, only 39% of Georgians approve of the law, whereas 42% do not.
[Although, no matter what the majority wants, enrollment in health insurance exchanges is slated to begin in just a few days on Oct. 1.]
But the panic really set in for Georgians a few weeks back, when Georgia Insurance Commissioner Ralph Hudgens announced in a press release that potential rate hikes up to 198% could be seen due to Obamacare.