Posted on 06/02/2015 10:37:04 AM PDT by Sean_Anthony
Affordable!
ObamaCare rate hikes range from 30-to-50 percent in 2016If you don’t recognize there’s something inherently cockeyed about the federal government passing a law that presumes to make a product or service “affordable,” then you don’t understand how market forces work. I’ll oversimplify it for the purpose of brevity: Providers have to price a product or service in a way that reflects the cost of providing it, as well as the level of demand for it, because if they don’t they will soon find themselves incapable of meeting the demand.
The premium rates announced when ObamaCare went into effect were much higher than Obama promised in trying to sell the law. The $2,500 per family premium cut was always a fantasy. Premiums went up, not down. But they didn’t go up as much as you might expected considering the law mandated that people buy the service, and that pre-existing conditions be rendered irrelevant both to acceptance and to premium pricing (not to mention the premium nature of coverage).
(Excerpt) Read more at canadafreepress.com ...
that will help Hillary
This 2016 enormous rate hike was predicted all the way back to 2012. As people grasp the impact and study their budgets....by December of this year....all heck will break out with insurance companies as they see twenty-percent of their customers quit. By January of 2016....this will be the most talked about thing for the primary season...unaffordable health care. And basically, it’s now unsolvable.
all part of Obama’s scheme to implement single-payer once obamacare fails
This was all promised and predicted.
but...but...I thought it was FREE!!!
Yup. Hillary will run on blaming BIG EEEEEEVIL GRRRRREEEEEDY Insurance Companies for the huge increases. She’ll called for a renewed push for a Public Option. Private insurance firms will be folding the tents in two years, three tops.
I like that pic of a blindfolded Obama with the cigarette dangling from his lips, wearing a jacket, shirt and no tie.
and that is just next year. The amount rises year after year.
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