ObamaCare Will Raise Average Health Insurance Premiums by 32% for 21 Million People

In my search for the truth about how much ObamaCare will increase how many Americans’ health insurance premiums I came upon a frightening map of the United States(see below) that projected what the percentage hikes would be state by state. The projections, prepared by the Society of Actuaries in March, 2013 predicted some pretty outrageous premium increases in the likes of California,62%, Alabama, 60%, Texas, 34% and Arizona 41%. Only in New York, Massachusetts and New Jersey would the premiums decline slightly.

Maybe the computer models used by the Society of Actuaries are just plumb ridiculous and wrong. I printed out the actuarial study entitled ” Cost of the Future Newly Insured Under the Affordable Care Act(ACA) and I learned that the Actuaries predict “ ACA-driven changes in individual market composition of the individual health care market could drive up underlying claims costs by an average of 32% nationally by 2017.” Moreover the projections showed double-digit increase in 42 of 50 states over the next 4 years.

“In my search for the truth about how much ObamaCare will increase how many Americans’ health insurance premiums I came upon a frightening map of the United States(see below) that projected what the percentage hikes would be state by state. The projections, prepared by the Society of Actuaries in March, 2013 predicted some pretty outrageous premium increases in the likes of California,62%, Alabama, 60%, Texas, 34% and Arizona 41%. Only in New York, Massachusetts and New Jersey would the premiums decline slightly.”

No then hears a history lesson for everyone.

It connects the phony history and national Liberal/Progressive/Marxist charade about the horrible rising cost of health insurance in the last couple of decades - a statistic, with why some places - like New York, Massachusettes and New Jersey have premiums that won’t be rising as much as other places.

How did the health insurance costs continue to rise so much before Obamacare. In some part it came from some rising health care costs, which also varies across the country. But the Liberals friends, the unions, both in private industry and government service fed some of the increase in the health insurance cost statitstic by demands for additional coverages in their plans. Then, so that private industry, the non-unionized parts, could not stand so starkly agsinst the unionized companies and government employees, in terms of their health benefit plan costs, Liberal states starting adding mandates - mandated coverages - to the health plan employers in their state HAD TO PROVIDE, like it or not. Adding more numbers, year after year of additional mandates, to the national statistic for “national health insurance costs”.

They helped government fiat conditions, not free market conditions, that added to how much health insurance costs were increasing and then they used that fact, a fact they helped create, to holler that everyone needed a “national health insurance plan” to solve the problem.

So, the same mechanism, government fiat forced mandates about how much health insurance YOU MUST carry, is now part of Obamacare, so that no part of the country can be less spendthrift, more prudent about their health insurance costs than the worst Liberal states have not been for many years.

They helped create the ever-risigin health insuraqnce costs with mandated coverage additions and now every part of the country that tried to stay out of that unnecessary extravangence is told they now HAVE TO do the same thing.

The most immediate undoing of Obamacare needed will be the elimination of government set “minimum essential” plan coverages. The plans need to be what insurance providers want and can provide in a manner that meets a variety of financial choices, with no minimum coverages, so that people can choose a plan that meets that combination of needed insurance and financial ability that works for them; period.

Next, the income levels for getting a subsidy are two high - in 2010 calculation, which is based on the federal stated “poverty level”, and under the Obamscare law, allows a health insurance premium for income up to 400% of the poverty level, it translates in 2010 terms to incomes of $44,000 for an individual and $88,000 for a family of four. Then at those levels the subsidy is available to a limit that brings YOUR cost for a health plan premium to no more than 9.5% of the annual income.

Those income levels are far to high to warrant a subsidy. They are in part in fact set that high because of how much the Obamacare mandates are adding to the premium costs, but there are also that high as part of the process of incentivizing more people to take gifts from their fellow taxpayers and become insurance wards of the government plantation society.

Here’s a post from another site I copied.. its a bit long but well worth the read...

http://www.foxnews.com/opinion/2013/10/21/why-obamacare-is-fantastic-success/

The GOP needs to stop calling ObamaCare a “trainwreck.” That means it’s a mistake, or accident. That means it’s a gigantic flop, or failure. It’s NOT.

Message to the GOP: This isn’t a game. This isn’t tiddly-winks. This is a serious, purposeful attempt to highjack America and destroy capitalism.

This is a brilliant, cynical, and purposeful attempt to damage the U.S. economy, kill jobs, and bring down capitalism.

It’s not a failure, it’s Obama’s grand success.

It’s not a “trainwreck,” ObamaCare is a suicide attack. He wants to hurt us, to bring us to our knees, to capitulate- so we agree under duress to accept big government.

Obama’s hero and mentor was Saul Alinsky — a radical Marxist intent on destroying capitalism. Alinksky’s stated advice was to call the other guy “a terrorist” to hide your own intentions.

To scream that the other guy is “ruining America,” while you are the one actually plotting the destruction of America. To claim again and again…in every sentence of every speech…that you are “saving the middle class,” while you are busy wiping out the middle class.

The GOP is so stupid they can’t see it. There are no mistakes here. This is a planned purposeful attack.

The tell-tale sign isn’t the disastrous start to ObamaCare. Or the devastating effect the new taxes are having on the economy. Or the death of full-time jobs. Or the overwhelming debt. Or the dramatic increases in health insurance rates. Or the 70% of doctors now thinking of retiring- bringing on a healthcare crisis of unimaginable proportions. Forget all that.

The real sign that this is a purposeful attack upon capitalism is how many Obama administration members and Democratic Congressmen are openly calling Tea Party Republicans and anyone who wants to stop ObamaCare “terrorists.”

There’s the clue. Even the clueless GOP should be able to see that.

They are calling the reasonable people…the patriots…the people who believe in the Constitution … the people who believe exactly what the Founding Fathers believed…the people who want to take power away from corrupt politicians who have put America $17 trillion in debt…terrorists?

That’s because they are Saul Alinsky-ing the GOP. The people trying to purposely hurt America, capitalism and the middle class…are calling the patriots by a terrible name to fool, confuse and distract the public.

ObamaCare is a raving, rollicking, fantastic success. Stop calling it a failure. Here is what it was created to do. It is succeeding on all counts:

1. ObamaCare was intended to bring about the Marxist dream — redistribution of wealth.
Rich people, small business owners, and the middle class are being robbed, so that the money can be redistributed to poor people (who vote for Democrats).

Think about it. If you’re rich or middle class, you now have to pay for your own health care costs (at much higher rates) AND 40 million other people’s costs too (through massive tax increases).

So you’re stuck paying for both bills. You are left broke. Brilliant.

2. ObamaCare was intended to wipe out the middle class and make them dependent on government.
Think about it. Even Obama’s IRS predicts that health insurance for a typical American family by 2016 will be $20,000 per year. But how would middle class Americans pay that bill and have anything left for food or housing or living? People that make $40K, or $50K, or $60K can’t possibly hope to spend $20K on health insurance without becoming homeless.

Bingo. That’s how you make middle class people dependent on government. That’s how you make everyone addicted to government checks. Brilliant.

3. As a bonus, ObamaCare is intended to kill every decent paying job in the economy, creating only crummy, crappy part-time jobs.
Why? Just to make sure the middle class is trapped, with no way out. Just to make sure no one has the $20,000 per year to pay for health insurance, thereby guaranteeing they become wards of the state. Brilliant.

4. ObamaCare is intended to bankrupt small business, and therefore starve donations to the GOP.
Think about it. Do you know a small business owner? I know hundreds of them. Their rates are being doubled, tripled and quadrupled by ObamaCare.

Guess who writes 75% of the checks to Republican candidates and conservative causes? Small Business.

Even if a small business owner manages to survive, he or she certainly can’t write a big check to the GOP anymore. Money is the “mother’s milk” of politics. Without donations, a political party ceases to exist. Bingo.

That’s the point of ObamaCare. Obama is bankrupting his political opposition and drying up donations to the GOP. Brilliant.

5. ObamaCare is intended to make the IRS all-powerful.
It adds thousands of new IRS agents. It puts the IRS in charge of overseeing 15% of the U.S. economy. The IRS has the right because of ObamaCare to snoop into every aspect of your life, to go into your bank accounts, to fine you, to frighten you, to intimidate you. And Obama and his socialist cabal have access to your deepest medical secrets.

By law your doctor has to ask your sexual history. That information is now in the hands of Obama and the IRS to blackmail GOP candidates into either not running, or supporting bigger government, or leaking the info and ruining your campaign.

Or have you forgotten the IRS harassed, intimidated and persecuted critics of Obama and conservative groups?

Now Obama hands the IRS even more power. Big Brother rules our lives. Brilliant.

6. ObamaCare is intended to unionize 15 million healthcare workers.
That produces $15 billion in new union dues. That money goes to fund Democratic candidates and socialist causes — thereby guaranteeing Obama’s friends never lose another election, and Obama’s policies keep ruining capitalism and bankrupting business owners long after he’s out of office.

Message to the GOP: This isn’t a game. This isn’t tiddly-winks. This is a serious, purposeful attempt to highjack America and destroy capitalism.

This isn’t a trainwreck. It’s purposeful suicide.

It’s not failing, it’s working exactly according to plan. Obama knows what he’s doing. Stop apologizing and start fighting.

Oh and one more thing…Conservatives aren’t “terrorists.” We are patriots and saviors. We represent the Constitution and the Founding Fathers. We are the heroes and good guys. Unless you get all this through your thick skulls, America is lost…forever.

Murphy9 on November 2, 2013 at 5:45 PM

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