Posted on 07/05/2014 12:22:24 PM PDT by Brad from Tennessee
Nevada, buckle up. Over the next few months, you’ll learn how much your health insurance premiums will go up for next year. The early evidence isn’t good — the percentage increase could be in double digits.
But that’s nothing compared with what you’ll face in 2017. In May, I released a comprehensive study showing how the Affordable Care Act will likely play out over the next few years. The diagnosis isn’t good.
First, the short version. In two years, the ACA’s structural problems will lead to substantial premium increases. Once that happens, Nevadans will likely leave the insurance market in droves. They’ll have little choice — they won’t be able to afford health insurance because federal subsidies won’t keep up with the rapid price increases. Within a decade, this could swell the ranks of the uninsured by nearly 11 percent.
This isn’t baseless speculation. I reached this conclusion by using a peer-reviewed economic model published in several health journals. It was funded by both private and government sources, including the Department of Health and Human Services, and has been cited by multiple Supreme Court justices in ACA-related rulings.
But why won’t this happen until 2017? Because that’s the year when the Affordable Care Act goes into full effect and certain temporary provisions begin to sunset. The changes will affect all plans sold for 2017 and beyond.
(Excerpt) Read more at reviewjournal.com ...
You were right.
The hits to liberty are cumulative, so the general trend is toward tyranny.
Romney is a deceived MORMON who cannot tell his chosen religion is a heresy. Believe it.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.