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Democrats' New Argument: It's A Good Thing That Obamacare Doubles Individual Insurance Premiums
Forbes ^ | 06/03/2013 | Avik Roy

Posted on 06/03/2013 2:22:57 PM PDT by SeekAndFind

Well, it’s been an interesting week in health care land. 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. But they’re justifying it by saying that “rate shock” will help a tiny minority of people who can’t get insurance today. If they had said that in 2009, would Obamacare have passed?

Last month, progressive pundits were trumpeting news out of California that the cost of health insurance under Obamacare in that state was surprisingly low. “Well, the California bids are in,” wrote Paul Krugman on May 27. “And the prices, it turns out, are surprisingly low…So yes, it does look as if there’s an Obamacare shock coming,” the shock that Obamacare will work just fine.

It turns out, however, that Krugman was uncritically regurgitating California’s misleading press release. In fact, the average 25 and 40-year-old will pay double under Obamacare what they would need to pay today, based on rates posted at eHealthInsurance.com (NASDAQ:EHTH). More specifically, for the typical 25-year-old male non-smoker, the average Obamacare “bronze” exchange plan in California will cost between 64 and 117 percent more than the cheapest five plans on eHealth. For 40-year-old male non-smokers, it’s between 73 and 146 percent more.

(Excerpt) Read more at forbes.com ...


TOPICS: Constitution/Conservatism; Culture/Society; Government; News/Current Events
KEYWORDS: alinskygovernment; democrats; fraud; insurance; obama; obamacare; pelosi; premiums; tyranny
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1 posted on 06/03/2013 2:22:57 PM PDT by SeekAndFind
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To: SeekAndFind

The gist of the Democrat’s argument:

Ezra Klein of the Washington Post, in response to my article on this topic, checked out the eHealth rates for plans in his hometown of Irvine, California, and compared them to a similar website sponsored by the government at healthcare.gov. He found that the third-cheapest plan there cost only $109 a month, “if they’ll sell it to you for that price.” According to the government, Ezra notes, 14 percent of people who tried to buy that plan—Health Net’s IPF PPO Value 4500—were turned away. Another 12 percent were asked to pay more than $109.

To Ezra, it’s galling that three-fourths of his compatriots can pay $109 for health insurance, because 12 percent were not eligible for the plan, and another 14 percent had to pay somewhat more. This is why Obamacare is a great achievement, he says, because Health Net will have to serve all comers, regardless of prior health status.


2 posted on 06/03/2013 2:24:29 PM PDT by SeekAndFind
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To: SeekAndFind

Never forget that Obamacare was passed against the will of the people with 2/3 or more opposing its passage.


3 posted on 06/03/2013 2:25:09 PM PDT by Blood of Tyrants (Inside every liberal and WOD defender is a totalitarian screaming to get out.)
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To: SeekAndFind

Yes, Anthony, today is a very, very good day.


4 posted on 06/03/2013 2:26:17 PM PDT by MestaMachine (My caps work. You gotta earn them.)
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To: SeekAndFind
So, making it worse for everybody is a good thing.
I could not have summed up the Democrat agenda any better myself.

5 posted on 06/03/2013 2:27:35 PM PDT by BitWielder1 (Corporate Profits are better than Government Waste)
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To: SeekAndFind

The entire liberal agenda is built on one heaping lie after another. No truth in any of it.


6 posted on 06/03/2013 2:33:53 PM PDT by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: MestaMachine

: )


7 posted on 06/03/2013 2:37:10 PM PDT by stephenjohnbanker
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To: Blood of Tyrants

“Never forget that Obamacare was passed against the will of the people with 2/3 or more opposing its passage.”

Apparently, a similar percentage of Germans didn’t want anything to do with the Euro or the EU, but government forced them to do it. The elites, people who have never worked except in government, whose parents were politicians before them, get what they want. They know the levers of power and what the people want is irrelevant. The people are children who don’t know what’s good for them.


8 posted on 06/03/2013 2:40:13 PM PDT by Gen.Blather
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To: SeekAndFind

Squeezing out the competition has always been the Obamacare method to get to a single payer gub’mint cradle to grave system of control. Control = power=continued control. Welcome to the fundamentally transformed Amerika.


9 posted on 06/03/2013 2:43:12 PM PDT by TADSLOS (The Event Horizon has come and gone. Buckle up and hang on.)
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To: SeekAndFind

We couldn’t know it was such a good thing until it was passed. (nobody read it) Now that it’s been passed, and read, whoa, what a good ——ing deal.


10 posted on 06/03/2013 2:44:08 PM PDT by showme_the_Glory (ILLEGAL: prohibited by law. ALIEN: Owing political allegiance to another country or government)
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To: SeekAndFind

If the right were smart they would get copies of all of the speeches that Obama told us that health care would be cheaper. You know as well as I do that they will disappear off the net.

Like I have said so many times in the past, the left writes our ads for us but we don’t use them to our advantage.


11 posted on 06/03/2013 2:44:16 PM PDT by Cyclone59 (Obama is like Ron Burgundy - he will read ANYTHING that is on the teleprompter)
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To: SeekAndFind

How 1984-ish of them.


12 posted on 06/03/2013 2:44:42 PM PDT by Noumenon (What would Michael Collins do?)
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To: SeekAndFind
Reporter: "According to your own statistics, Obamacare was intended to close the gap between the
uninsurable poor and the middle class. But the number of people in America who are truly unable to
be insured is closer to 150,000. So that means that you cooked this whole thing up for the entire
population of one suburb outside Chicago?"

"So what your point?"

13 posted on 06/03/2013 2:47:38 PM PDT by Slyfox (In the eyes of the Federal Government, Pre-Born Human Babies are the same as fire ants.)
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To: BitWielder1

Socialism is misery, equally shared.


14 posted on 06/03/2013 2:51:14 PM PDT by TurboZamboni (Marx smelled bad & lived with his parents most his life.)
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To: SeekAndFind
I'm sure those money grabbers do think so.

Another GREAT thing about 0bamacare for democrats?

 photo cid_1_3590340907web181006_mail_ne1_yahoo_zps2e7b17db.jpg

15 posted on 06/03/2013 2:54:05 PM PDT by EGPWS (Trust in God, question everyone else)
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To: SeekAndFind

It doubles premiums for those foolish people who go out to a job every day and pay exorbitant taxes and get called “oppressors” for their trouble.
The “oppressed” don’t pay any premium, that’s why the “oppressors” pay double.


16 posted on 06/03/2013 3:09:14 PM PDT by I want the USA back (Pi$$ed off yet?)
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To: SeekAndFind

All this hand wringing about gold, silver and bronze plans and costs and who is and isn’t accepted blah, blah, blah is meaningless.

This isn’t about health, it isn’t about insurance - it is about taxing and more money to be able to afford keeping the Democrat entitlement constituency in their status quo. That is all that it is.


17 posted on 06/03/2013 3:23:34 PM PDT by Gaffer
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To: Gaffer

Why does anyone think that most of those young people will pay ALL of a monthly premium???? The truth is, only those “most fortunate” will pay “full price”.


18 posted on 06/03/2013 3:30:19 PM PDT by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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To: The Antiyuppie

The truth is that the IRS and Sebellius are making this sh!t up as it goes along. The truth is that anyone currently on one or more of the 85+ government entitlement programs won’t pay a damned dime...that’s the truth of it.


19 posted on 06/03/2013 3:42:18 PM PDT by Gaffer
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To: SeekAndFind

Good if you want to eventually control the masses through single payer.


20 posted on 06/03/2013 4:11:23 PM PDT by Old Yeller
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