“So I’m not part of the obamacare pool, yet my insurance company raised my annual premium almost 40% when obammycare went into effect.”
The insurance companies are losing money on the plans they are forced to offer under ObamaCare. They have to get the money somewhere and people that have individual care are going to be the first target. Those in a group plan will be hit less for now, but all of us are going to suffer one way or another.
Certainly that's what they say. Being forced to insure people with pre-existing conditions. I'm not sure I believe what the insurance companies tell us anymore than I believe what obammy says.