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Wednesday, March 19, 2014

Report: Premiums rising faster than eight years before Obamacare COMBINED


Remember the third part of Obama's three-part lie about the wonders of ObamaCare?  The one that said your premiums would god down by $2500?  Yeah, that was a lie too.

Health insurance premiums have risen more after Obamacare than the average premium increases over the eight years before it became law, according to the private health exchange eHealthInsurance.

The individual market for health insurance has seen premiums rise by 39 percent since February 2013, eHealth reports. Without a subsidy, the average individual premium is now $274 a month. Families have been hit even harder with an average increase of 56 percent over the same period — average premiums are now $663 per family, over $426 last year.

Between 2005 and 2013, average premiums for individual plans increased 37 percent and average family premiums were upped 31 percent. So they have risen faster under Obamacare than in the previous eight years.

...

Premiums are being hiked across the board for several reasons, but the biggest contributor is the Obama administration’s highly touted “essential health benefits,” services that insurers on and off exchanges must provide.

Some benefits, such as emergency and laboratory services, are uncontroversial. But others, like maternity, newborn and pediatric services, are causing headaches for huge swaths of the population that don’t need them. Anyone past childbearing age, single men, the infertile, even nuns — their premiums are rising as well, because their plans must, by law, provide more services.

Right. You grateful geezers are now covered for maternity, newborn and pediatric services. And your birth control pills are free.  Of course, your deductible will be thousands of dollars more than you can afford and you'll have to find a new doctors, one that's halfway across the state whose office is crowded with people who have been waiting for a day or two to see her.

But hey, you vote for it so you're going to get it, good and hard.


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