Democrats' New Argument: It's A Good Thing That Obamacare Doubles Individual Health Insurance Premiums
Everything, EVERYTHING this clownshoes touches turns to shit. I really can't take this guy anymore. Total failure across the board.For a while now, independent analysts—and conservative critics—have raised concerns that Obamacare will dramatically increase the cost of individually-purchased health insurance for healthier people. This would, of course, contradict President Obama’s promises that “if you like your plan, you can keep it” and that the cost of insurance would go down “by $2,500 per family per year.” What’s new is that liberal columnists, facing reality, are conceding that premiums will go up for most people in the individual market.
the average 25 and 40-year-old will pay double under Obamacare what they would need to pay today
In Orange County, where Irvine is located, the three-fourths of the 25-year-old population that is in good health will have their premiums jacked by 95 percent.
Experts in the economics of health insurance understand that this has been Obamacare’s central flaw from the beginning. The law’s heavy-handed approach to the health insurance market massively drives up premiums for the average person. <snipped>
And imagine, the economic experts knew he was full of shit but thankfully we had Pelosi out there looking out for us and telling us how great this plan would be once they passed it. I wonder if she knows what's in it yet.
Full story here