Posted on 11/25/2014 5:57:44 AM PST by Cincinatus' Wife
While President Obama campaigned on a promise that his universal health care plan would lower premiums, his controversial adviser and plan architect was privately warning the state of Wisconsin that Obamacare was poised to massively increase insurance costs for average residents, internal documents show......
[MIT economist Jonathan] Grubers study predicted about 90 percent of individuals without employer-sponsored or public insurance would see their premiums spike by an average of 41 percent. Once tax subsidies were factored in, about 60 percent of those in the individual market were projected to see their premiums go up 31 percent, according to his analysis....
The contrast between the Obama administrations optimistic rhetoric on Obamacare and Mr. Grubers private warnings to Wisconsin is certain to attract new attention from the Republican-led Congress, which wants to know whether there was an effort by the administration to deceive the public about the true consequences of the law as Mr. Gruber suggested in a videotape that surfaced recently....
(Excerpt) Read more at washingtontimes.com ...
I’m beginning to think obamacare is nothing but a way for the IRS to collect more money. If you don’t have insurance, you pay the IRS a fine, or, you don’t get a refund. Yet you still don’t have insurance.
ping
Hope you fare better than I. The replacement for my 'un-grandfathered' policy has an increase of 84%.
Nawh they will get Issa to write them, he gets really, really mad.
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