If only there were people who told us this stuff before they passed the Affordable (snicker) Care Act
(Daily Caller) Under the Affordable Care Act, medical claim costs, the largest driver of health insurance premiums, are expected to increase by 32 percent for individuals, a new study by the Society of Actuaries finds.
Though some states might see declines in cost-per-person medical claims, the report found “the overwhelming majority will see double-digit increases in their individual health insurance markets, where people purchase coverage directly from insurers,†The Associated Press reports.
And guess who will be the biggest recipients of the cost increase? Yeah, all those youths who voted for Obama. How ya liking that hopey changey stuff now? And here’s HHS Commissar Kathy Sebelius
(WSJ) Some people purchasing new insurance policies for themselves this fall could see premiums rise because of requirements in the health-care law, Health and Human Services Secretary Kathleen Sebelius told reporters Tuesday.
Ms. Sebelius’s remarks come weeks before insurers are expected to begin releasing rates for plans that start on Jan. 1, 2014, when key provisions of the health law kick in. Premiums have been a sensitive subject for the Obama administration, which is counting on elements in the health law designed to increase competition among insurers to keep rates in check. The administration has pointed to subsidies that will be available for many lower-income Americans to help them with the cost of coverage.
Fortunately, people only need to fill out a 61+ page document to apply. Even funnier, Debbie Downer blames Republicans for the ever-increasing cost of Obamacare.
