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Thanks, Obamacare

Home - by - January 7, 2013 - 18:45 America/New_York - 9 Comments

American Thinker

Health insurers jacking up rates by double digits in advance of Obamacare

This is only the beginning. What insurance rates will look like next year when Obamacare goes into effect is anyone’s guess, but they will almost certainly be higher than they are today.

And today, the costs for health insurance are skyrocketing.

 New York Times:

Health insurance companies across the country are seeking and winning double-digit increases in premiums for some customers, even though one of the biggest objectives of the Obama administration’s health care law was to stem the rapid rise in insurance costs for consumers.

Particularly vulnerable to the high rates are small businesses and people who do not have employer-provided insurance and must buy it on their own.

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» 9 Comments

  1. papadoc

    January 7th, 2013

    By doing so they are playing right into the progressives hands and bringing about their early demise. As Obamacare comes in and prices go up, more and more Americans will find themselves without healthcare insurance. Oh my! What should we do? That will be the wedge to move to single-payor, all-inclusive, centrally controlled socialist medicine.

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  2. KF

    January 7th, 2013

    The fact that many insurance companies partnered with 0bama and pushed socialist health care is yet another reason to have low regard for people that are “experts” by virtue of education alone. The insurance companies are going to be vilified and screwed over by the 0bamanite Marxists eventually because the goal is single payor health insurance. They’re trading short term profits over their long term existance. Why can’t they see it?

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  3. Stirrin the B.S.

    January 7th, 2013

    I’ve been preaching this since 2008, Obumphukcare was NEVER about reducing the cost of health insurance. It has ALWAYS been about putting private insurors out of business and implementing single-payer universal health insurance.

    By the very nature of its requirement to insure the previously uninsured(able), premiums HAD to increase. The current premium levels are based on the existing people in the insurance pool. When you dump however-many million previously uninsured – most of whom are high risk, existing condition patients – into the risk pool, the premiums HAVE to skyrocket in order to cover the new, previously un-calculated, projected medical expenses. It’s Actuarial Mathematics 101.

    So the premiums skyrocket, employers opt to drop the employee coverage and pay the “penalty” (it’s not a penalty – it’s an incentive) and the citizens scream foul when forced to pay the new premiums themselves.

    The BLACK knight federal government steps in and declares the health insurors’ profit motive evil and regulates their authorized premium charges so low that they have no option but to exit the market.

    The BLACK knight then steps in and fills the void left by the greedy insurance companies, and voila, you have single payer coverage. Hello Europe, goodbye America.

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  4. RANDO

    January 7th, 2013

    Surprised much?

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  5. sig94

    January 7th, 2013

    The last time I saw increases like this was in 2004 when the cost to the county for health plans went up by 23%.

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  6. KF

    January 7th, 2013

    I have to add that Glenn Beck laid this all out plainly in 2009-2010. It wasn’t a conspiracy theory he just compiled publicly recorded statements of the main players behind 0bamacae. They were planning on dishonestly foisting single payor health care on the US for many years before anyone knew who 0bama was. It’s hard to believe how stupid our leaders in business and government are that they refuse to acknowledge what’s going on.

    These jackasses think they know better than everyone. They fancy themselves as the “philosopher kings” that Plato described in The Republic and do not view the society described therein as absolute tyranny.

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  7. kvn

    January 7th, 2013

    And some pundits wonder why Hagel’s nomination is doomed.

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  8. kvn

    January 7th, 2013

    Stirrin the B.S. prompted this:

    ObamaCare creates a mechanism of centralized control over people. That’s the intent of this monster of a bill, not affordable health care. And it will be used to identify gun owners. Think your health records are private? Have you been to the doctor lately? Asked about owning a gun? Why do you think they ask, do you think they care about your safety? Say yes to owning a gun and your information is shared with another agency, and ultimately, you will be identified as a security risk. The records will be matched with other agencies.

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  9. Rage against the ObamaRegime

    January 7th, 2013

    My answer to that question is always..just the one I’m packing.

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