We haven’t discussed the idiocy of ObamaCare lately, legislation which the majority of Americans still despise. But, it’s still out there and ready to cause havoc
(Forbes) A California insurance broker, who sells health plans to individuals and small businesses, told me that she’s prepping her clients for a sticker shock. Her local carriers are hinting to her that premiums may triple this fall, when the plans unveil how they’ll billet the full brunt of Obamacare’s new regulations and mandates.
California is hardly alone. Around the country, insurers are fixing to raise rates by double digits. They’re privately briefing politicians in Washington on what’s in store. Those briefings are leaving a lot of folks up and down Pennsylvania Avenue jumpy.
What’s gives? President Obama, after all, said he’d prevent these sorts of prices. His new health law gave state regulators the power to block premium increases. It even created a federal agency to oversee insurance rates. But these bureaucrats are spectators to the price hikes. They’re mere wallflowers. Even in the bluest of states.
Their silence is the best evidence of who is culpable for the increases. It’s the policymakers. It’s Obamacare. The President is accepting the premium hikes as an allowable consequence of his healthcare policies.
Seriously, who would have thought that a 2,700 page Bill which has create well over 13,000 pages of rules and regulations from the Central Planning Office (remember, it took 18 pages to define “full time” and the IRS released 159 pages to cover the tax rules) would cause costs to skyrocket? And we haven’t even really seen the writings from the States yet. So, what is the Obama admin to do about this?
Well, he can go after the insurance companies, forcing them to eat the costs, which will put the companies out of business. Which seems to be a part of what the legislation attempts to do. He can regulate the costs doctors and hospitals charge, which will reduce service. We’ll see rationing along with medical professionals and health care providers shutting down. Welcome to ObamaCare.
Crossed at Right Wing News and Stop The ACLU.
good times ahead.
We need a new name for this period. It’s like a forced continual depression.
And people are still spending like its the 90s.
Teach do YOU offer health care benefits to your employees? And if so what increase do you expect to pay ? Since the current average price for healthcare benefits for a family of four is about 15000 dollars I do not think that in 2014 that is going to increase to 45000 dollars? Do you ?
Well john, since Obamacare offers unlimited benefits, do you think that unlimited coverage is without a cost?
The CBO has said this plan is far more expensive than proposed, so where do you expact the money to come from?
About 30% of our health care dollar goes to profit and administration. And Teach just think of all that money that is going to be saved by the “DEATH PANELS” since so much money is spent in the last 2 months of life. We in the USA spend about twice as much as Europe on healthcare but do not get to live as long as they do.
Troll = pro-killing of older people
So, troll, are you only in favor of killing old jewish women or just any old woman?
John, do you work for free? No? Hmph, sounds like you’re making a profit.
john? work? HAHAHAHHAHAHAHAHAHHAHAHAHAHAHAHAHAHAAA
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Oh john, how little you know.
In 2009, the average cost for a family of four from a private insurance firm was roughly $12,000. The same family under Medicare costs taxpayers roughly $19,000. The difference? Government administration costs.
As for your assertion that Europeans live longer, I am guessing you are using the flawed study from the WHO that used data requirements from different countries. For example the US counted any birth – including premature babies that died – as a life when other countries do not count the birth as a life until a certain point in time.
The WHO report was hopelessly flawed but yet people like you take it as gospel.