Premiums Rising Faster Under Ocare

Um, surprise?

(Fox News) A recent survey of 148 insurance brokers shows that ObamaCare is sending premiums rising at the fastest clip in decades.

For the last, about, five years they’ve been doing this survey, so this was the largest percentage increase in any quarter since they’ve been doing (it),” said Scott Gottlieb of the American Enterprise Institute.

“But at 12 percent, 11 percent increase on average across all the states — that puts it at the upper end of any increase we’ve seen for decades.”

That is the national average in a survey done by Morgan Stanley. But in some states, it found rates are soaring.

“There are specific states with exorbitant increases,” Gottlieb said. “Delaware had 100 percent increase, Florida had a 37 percent increase, Pennsylvania 28 percent increase, California had a 53 percent increase in their premiums.”

Fortunately, Obama will wave his magic wand from his unicorn saddle and make your premiums go down $2500 a year…oh, wait, sorry, that was another lie. Here’s something else interesting

First, even the insurance companies that issue the plans are worried about “public pushback” from rising insurance premiums, Betsey McCaughey, the former lieutenant governor of New York and author of the book “Beating Obamacare,” told Fox News’s Neil Cavuto on Monday.

“That’s only part of the bad news,” she said. “You’re also going to see a million people or more default. In other words, they have paid their first premium, but when they discover what it really means to have a $3,000 or $5,000 deductible on their plan, they go to their doctor again and again and have to pay full freight, even though they’re paying a premium, they’re going to stop paying their premium.

“Another big problem ahead is the 25 million to 30 million people who currently get on-the-job coverage are going to lose it in the coming months, when their employers realize that they’re not going to be able to renew those old plans and they’re stuck between the very costly Obamacare plans or sending their workers and their families on to the exchanges.

“And finally you are going to hear a lot of desperation from cancer patients when they discover these Obamacare exchange — Obamacare exchange plans won`t let them go to any specialty cancer hospitals, even though the data show that, for example, women with ovarian cancer live longer when they`re treated at a high-volume cancer hospital.”

One would think that a massive law like Ocare, designed to help people with health insurance and health care might not create so many losers while creating a minor number of winners. Of course, those “winners” still have high deductibles that they can’t afford.

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  3. John says:

    Teach has Fox News given any updates on the death panels ?

  4. John says:

    And Teach how about a follow up post on GOP eating its own after sex scandals? You could defend/support the NC’s Speaker of the House’s Chief of Staff (married) being in bed (literally) with a big time lobbyist (also married) the former Chief of Staff blamed others

  5. Jeffery says:

    Aargh! Real reporting contradicts the FOX News/AEI opinion poll.

    “This CBO Report Is Another Big Win For Obamacare”

    Read more:

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