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Insurance Analysts: Obamacare to
Increase Out-of-Pocket Premium Costs,
Despite Lavish Subsidies

Forbes Magazine, by Avik Roy

Original Article

Posted By:Scottyboy, 1/12/2013 11:33:23 AM

In 2009, when a prominent accounting firm released a report describing how Obamacare would drive up the cost of health insurance, supporters of the health-care bill were furious, declaring that only insurance-industry shills would be craven enough to produce such poppycock. After all, President Obama had repeatedly promised that his bill would “bring down premiums by $2,500 for the typical family.” In addition, they argued, Obamacare will spend trillions of dollars on health insurance subsidies, such that the uninsured wouldn’t be exposed to any purported rate hikes.

Comments:
Another day, another "I told ya so".

      


Post Reply  

Reply 1 - Posted by: Grambo, 1/12/2013 11:43:30 AM     (No. 9112609)

Unexpectedly.

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Reply 2 - Posted by: jalo1951, 1/12/2013 12:00:03 PM     (No. 9112635)

I had to drop my health insurance because the premiums doubled. I would have actually been paying more than one of my paychecks. So between losing my health care, not receiving a raise for the past three years and the SS taxes going back up I am not feeling too confident. Oh, and my husband has just lost his second job this year. His boss skipped town owing him $5300 in back pay. And this administration keeps telling us things are getting better. And they said Mitt was out of touch.

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R-VAR_AD


 
Reply 3 - Posted by: Philipsonh, 1/12/2013 12:36:57 PM     (No. 9112720)

Obama and virtually every person in his top echelon are liars and thieves. So said Mark Levin on one of his radio programs this week.
The data the Administration presented to the CBO during the legislative process was BOGUS and on that point alone, Obamacare should be repealed.You decide what should happen to Obama for lying to the Country on a continual basis. Futhermore, the electronic health care records that have been mandated do NOT save money, and in fact, do NOT even work. Your medical care provider spends more time looking at the screen than discussing your problems.nd if you see a provided OUTSIDE his own network, there is no record. It is all so that the GOVERNMENT can know all about you and control your life. That is the Socialist,
or should I say Marxist, way.

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Reply 4 - Posted by: oh-heck, 1/12/2013 12:37:36 PM     (No. 9112723)

The federal subsidies can only reach you in states that have agreed to set up a state insurance exchange. In those states companies will be fined if they don´t offer insurance. To get around the fines, many companies will fire employees or reduce the number of hours they work. Oh, and the expense of setting up an exchange and running the new Medicaid program are expected to bankrupt the states that participate.

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Reply 5 - Posted by: hicksvillekid59, 1/12/2013 12:45:34 PM     (No. 9112749)

Do you actually mean to tell me that what Obozo said was a lie?

Wow! Who´d-a-thunk-it?

I´ll tell you who knew that...anyone with an IQ larger than their hat size.

Welcome to reality, suckers!


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Reply 6 - Posted by: navybrat, 1/12/2013 1:06:00 PM     (No. 9112787)

And he was re-elected.

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Reply 7 - Posted by: zephyrgirl, 1/12/2013 2:21:01 PM     (No. 9112904)

This is a surprise because.....?

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Reply 8 - Posted by: mizzmac, 1/13/2013 7:20:09 AM     (No. 9113677)

"What´s unfortunate," aside from costs going significantly up, not down, for a majority of already-insured Americans, is not that the POTUS repeated claimed otherwise, or even that he knew this and intended it (to drive people under the government plan that our elected officials need not suffer). "What´s unfortunate" is that even so, all the POTUS has to do is go through the regular national media puppets and say "Let me be clear" and tell another simple, bald-faced lie, and the majority of Americans will believe him! That´s unfortunate, indeed.

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