Mar 27 2013
Obamacare Will Expand Health Care … COSTS!
Guess what! Obamacare has expanded one thing – the cost of health care for everyone!
In a report that could prove a big political headache for the administration, the Society of Actuaries estimated Tuesday that insurers will have to pay out an average of 32 percent more for claims on individual health policies under the Affordable Care Act, a cost likely to be passed on to consumers.
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By 2017, the estimated increase would be 62 percent for California, about 80 percent in Ohio and Wisconsin, more than 20 percent for Florida and 67 percent for Maryland. Much of the reason for the higher claims costs is that sicker people are expected to join the pool, the report said.
Color me not surprised at all. Who could have predicted Obamacare would not only raise prices, but due to the increased cost of premiums, lower or restrict services and options! Now that prices are spiking, the death panels will have to step in and cut costs by limiting access.
I mean really, who was so naive they failed to understand this result was a fate compli.
More here.
Addendum: You know, since Obamacare is failing to meet its primary promise – and we tax payers will be left holding the bill – I think this latest evidence DEMANDS Obamacare is immediately suspended before it does real damage.
” I think this latest evidence DEMANDS Obamacare is immediately suspended before it does real damage.”
That real damage is the entire purpose of Obamacare. It was designed to fail, and destroy the current healthcare system. That way, your future lords and masters can re-design the system from the ashes into the liberty-crushing, populous-controlling single-payer system they crave.
All according to plan.
And the plan will be furthered, to the detriment of all of us.
There is nobody left to defend the republic.
The repubic party is dead and completely unable or unwilling to be a counterweight to the marxist counter-revolution taking place.
God help us all.
I’m still optimistic that this thing will implode on the Democrats before it is completely implemented.
Low-information voters are the ones who bought Obama’s promise that health insurance would be either free, in the case of the uninsured poor, or that premiums would be lowered, as in the case of those who currently have insurance. Young people in particular are going to be livid when they find out what their part in the play is. So the very people who voted for Obama are the ones most hurt, and therefore will be the most angered.
Obamacare is the proverbial two-by-four, and it’s going to hit the donkeys square in the head, IMHO.
The MSM has begun reporting the fact that the promises are not going to come true.
Above all, people hate being lied to.
I smell smoke, a smoldering, that will soon turn into a full-blown fire, creating a ground-up revolt that will begin to put a great deal of pressure on Democrats in Congress, and soon.
I hear you, gwood, but can it happen before the ‘free’ market system is utterly destroyed? I say ‘free’, but with the current level of Gov’t regulation even before ObamaScare, I think the writing is on the wall. The only savior for free market reforms in healthcare will be near complete de-regulation. I just don’t see that happening.
And, without that, I’m afraid the Donks have enough low-information voters to weather any political storm. Even if they lose the majority, they will still be strong enough to prevent a Republican super-majority, and still be strong enough to continue thier divisive campaign. ObamaScare crashing and burning will not tank the Donks, I’m afraid.
I agree with Phil’s assessment. When you control the spin to the level that the Dems do now, they will easily blame any cost increase issues on the lack of cooperation by the “racist” republicans. That and implementation of the plan is in the best of hands, Kathleen Sebelius does not understand the concept of insurance:
“At a White House briefing Tuesday, Health and Human Services Secretary Kathleen Sebelius said some of what passes for health insurance today is so skimpy it can’t be compared to the comprehensive coverage available under the law. “Some of these folks have very high catastrophic plans that don’t pay for anything unless you get hit by a bus,” she said. “They’re really mortgage protection, not health insurance.”
I think Gov Scott Walker may be on to something here:
Walker Sets Example for Republican Governors Tackling Medicaid
http://www.redstate.com/briansikma/2013/04/05/walker-sets-example-for-republican-governors-tackling-medicaid/