Guess this lamebrain hasn't read the latest:
O-Care premiums to skyrocket / / By Elise Viebeck, The Hill Health industry officials say ObamaCare-related premiums will double in some parts of the country, countering claims recently made by the administration. The expected rate hikes will be announced in the coming months amid an intense election year, when control of the Senate is up for grabs. The sticker shock would likely bolster the GOP’s prospects in November and hamper ObamaCare insurance enrollment efforts in 2015.
The industry complaints come less than a week after HHS Secy Kathleen Sebelius sought to downplay concerns about rising premiums in the healthcare sector. She told lawmakers rates would increase in 2015 but grow more slowly than in the past. “The increases are far less significant than what they were prior to the Affordable Care Act,” the secretary said in testimony before the House Ways and Means Committee.
Her comment baffled insurance officials, who said it runs counter to the industry’s consensus about next year. “It’s pretty shortsighted because I think everybody knows that the way the exchange has rolled out … is going to lead to higher costs,” said one senior insurance executive who requested anonymity. The insurance official, who hails from a populous swing state, said his company expects to triple its rates next year on the ObamaCare exchange. The hikes are expected to vary substantially by region, state and carrier. --SNIP--
SOURCE http://thehill.com/blogs/healthwatch/health-reform-implementation/201136-obamacare-premiums-are-about-to-skyrocket
The air of desperation surrounding ObamaCare gets thicker and thicker with each passing day. And no matter how dishonest President Obama, his administration officials, Democrats and their media allies, are in their attempt to fool the public, painful truths about this disaster can no longer be obscured.
We begin with premiums. As revealed by The Hill, they are about to “skyrocket,” with costs in some parts of the country increasing by as much as 200 percent. Unsurprisingly, this revelation runs completely counter to the Obama administration’s claims, most recently advanced by HHS Secretary Kathleen Sebelius in last week’s testimony before the House Ways and Means Committee. “The increases are far less significant than what they were prior to the Affordable Care Act,” the Secretary said.
Except that they’re not. A report by eHealth explains that premiums in the individual health market have risen 39 percent for individuals, and 56 percent for families, since February 2013. Minus the subsidies, the average cost of an individual plan is now $274, and a family plan is now $663 per month, up from $446 last year. And despite Sebelius’s contention, these figures are higher than those recorded between 2005 and 2013, when individual and family premiums rose at a rate of 37 percent and 31 percent, respectively.
Administration officials counter that subsidies will bring those costs down. That is certainly true, but those so-called reductions aren’t reductions at all. They merely shift the part of a premium’s cost from the individual or family insurance consumers to the taxpayers at large. This cost-shifting goes a long way towards explaining why a plan the president and his party promised would cost $900 billion over a decade when it was first introduced, quickly tripled to $2.7 trillion.
--SNIP---rest at frontpagemag.com
Every time the President twiddles with the ACA it becomes more and more Obama’s lawless creature. Ignoring statutes, rewriting whole sections, defying the clear meaning of words...yes, Nancy, it is truly OBAMA-care.