Don’t Let This Stop You From Trusting the Government

A new report shows that Obamacare premiums are actually rising three times faster that than government reports claim.

Apparently the government’s as bad at math as they are at healthcare.

6 Comments

  1. The idea behind Obamacare was to have a government enforced “free market” and the cost would rise out of control. That is why they are using current health insurance companies so they can say “Hey we may have mandated the coverage but these corporations are the ones charging you these outrageous premiums.” So we will reach the point where the below will happen:

    1. Premiums will rise to the point where Government will step in and enforce price controls and to make the premiums artifically low. This will cause some carriers to just drop coverage all together.

    2. The remaining carriers will force Congress to pass legislation to allow them to increase premiums to cover the cost of what they provide. This will cause a huge spike in premiums.

    3. Voters will scream to Congress about the jump in premiums and since they have to have insurance by law will demand that the premiums be decreased or demand that the greedy carriers be punished.

    4. Government will say, “Well we tried to let private carriers do this. They can’t. The American people demand action so we will set up a Federal Insurance Company so folks can have affordable heathcare and fund it with a surcharge to anyone who gets a private policy.”

    5. Single payer health insurance is born as folks just opt into the FIC to avoid paying a fine for not having coverage or paying a fine for having coverage outside the system.

    This is the goal of Obamacare from the start. Make the whole thing such a mess that people will beg for the government to just take the whole thing over.

  2. B-But it’s free!

    You see, folks, Democrats rely on the “drip-drip-drip” ssystem, to dilute bad news and erode good mena and institutions.

    BAUCUS: CBO Claims of Lower Premiums Came from Gruber
    C-SPAN | December 9, 2009 | Sen. Max Baucus

    In addition to CBO, MIT’s Jon Gruber has also done a study on premiums. And what does he conclude? He concludes, using Congressional Budget Office data, the Senate bill could mean people purchasing individual insurance would save every year $200 for single coverage and $500 for family coverage in 2009 dollars. Most people think he is one of the best outside experts. He has big computer models. He takes the CBO data and, in some respects, he has helped CBO by giving some information to CBO that it otherwise does not have.

    Mr. Gruber also points out that people with low incomes would receive premium tax credits that will reduce the price they pay for health insurance by as much as $2,500 to $7,500.

    The Congressional Budget Office and Professor Gruber are both credible and unbiased sources that are not bought and sold by the insurance industry. The Congressional Budget Office and MIT’s Gruber have confirmed what many of us have known: that the bill before us will lower premiums and provide a great many options for more comprehensive coverage.

    Obama: “Premiums Will Decrease 3000% So You Should Get A Raise When H’care Is Passed”
    Townhall.com | March 15, 2010 | Greg Hengler

    Also included in this clip is an obligatory shot at Fox News and a proclamation that both parties agree on Obamacare–but “politics prevent it from getting done.” BTW: As Morrissey pointed out to me, how can premiums decrease 3000%? Does this mean that insurance companies will be paying us? What a demigod our president is!

    The Times Falsely Claims That Obamacare Cuts N.Y. Health Premiums By 50 Percent
    National Review | July 17, 2013 | Avik Roy

    In an enthusiastic front-page story in today’s New York Times, Roni Caryn Rabin and Reed Abelson claim that, as a result of Obamacare, health insurance premiums for individuals shopping on their own for coverage will be “at least 50 percent lower on average than those currently available in New York”

    Premiums for New Yorkers to fall 50 percent thanks to ObamaCare!, says the NYT. Really?
    Hotair | 07/18/2013 | Erika Johnsen

    Congress Exempts Itself From Obamacare Rate Shock as Americans Face Skyrocketing Premiums
    Townhall.com| August 2, 2013 | Katie Pavlich

    Study: Average Premiums for Young Women to Increase 193% (Obamacare’s War on Women)
    Washington Free Beacon | October 23, 2013 | Elizabeth Harrington

    Video: 19 Times Obama Promised to Lower Annual Insurance Premiums By $2500
    Breitbart| 10/28/2013 | JOHN NOLTE

    . . . on at least 19 occasions, President Obama promised the American people that if you already have insurance, his plan would reduce your premiums to $2,500 per year.

    ObamaCare Raises Health Insurance Premiums, Especially For The Young
    Forbes Magazine | 12/05/2013 | Matthew Herper

    The Affordable Care Act has dramatically increased the cost of buying a health insurance plan on the individual market in California, Texas, Florida, New York, Illinois, Georgia, and North Carolina, states that account for more than half of America’s uninsured adults, according to a study by Sector & Sovereign, a sell-side firm that focuses on advising investors what sectors to put their money in.

    Worse, the firm argued in a note earlier this week, the increases in cost are most substantial for the young.
    According to S&S, the average deductible – the amount of money you spend out of pocket before your health insurance kicks in – for plans purchased by a 21-year old man in 2013 was $3,649, bought at an average monthly premium of $144. To purchase a plan with the same deductible now, a 21-year-old would have to pay $261, an 81% increase.

    Years Late, NYT Discovers Obamacare Premiums Are Whacking the Upper-Middle Class
    Newsbusters | December 21, 2013 | Tom Blumer

    . . . . almost four years later, acting as if they’re breaking some kind of new ground, Katie Thomas, Reed Abelson and Jo Craven McGinty at the New York Times have discovered that “the cost of premiums for people who just miss qualifying for subsidies varies widely across the country and rises rapidly for people in their 50s and 60s.” Imagine that.

    Now They Tell Us Sebelius Admits Health Care Premiums Will Increase Under Obamacare
    The Gateway Pundit | 3/12/14 | Jim Hoft

    President Obama repeatedly promised Obamacare would reduce insurance premiums by $2,500 per year. He made this promise at least 22 times. Today Health and Human Services Secretary Kathleen Sebelius admitted health insurance rates will increase under Obamacare. The Daily Mail reported: Health and Human Services Secretary Kathleen Sebelius told House Ways and Means Committee members on Wednesday that she expects health insurance rates to increase as the Affordable Care Act takes full effect.

    Admin Won’t Release Final HealthCare.gov Premiums Until After Elections
    The Daily Caller | 10/09/14 | Sarah Hurtubise

    The Obama administration has already debuted its new, improved version of HealthCare.gov, but still wont release premium rates on the website until after the Nov. 4 elections

    Obamacare premiums to significantly spike: CBO
    http://www.washingtontimes.com | Monday, March 9, 2015 | By Stephen Dinan

    Obamacare exchange customers could see a significant spike in their premiums over the next few years as insurers face pressures from both the government and the marketplace, the Congressional Budget Office said Monday in a new analysis

    As ObamaCare Premiums Spiral, Dems Push Costly New Mandates
    Investor’s Business Daily | 05/27/2015 | Staff

    Health Reform: Looks like ObamaCare premiums will skyrocket for many next year. So what do Democrats propose? New insurance mandates that will drive premiums up even higher.

    Health Premiums Have Climbed $4,865 Since Obama Promised to Cut Them $2,500
    Investor’s Business Daily | 9/23/2015 | John Merline

    Employer-based health insurance premiums climbed 4.2% this year for family plans, according to an annual Kaiser Family Foundation report. That’s up from 3% the year before. Since 2008, average family premiums have climbed a total of $4,865.

    Huge deductible increases, too.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.