Wednesday, May 12, 2010

I thought premiums were supposed to go down under ObamaCare

Not so, according to the AP.

Going up almost 1% in 2012 due to the new young adult coverage.

That is just the beginning. According to the Heritage Foundation:
More is coming; health insurance premiums will rise from Obamacare’s new taxes on drugs, medical devices and new insurance fees, plus new insurance rating rules and the yet to be determined health benefit levels that the imperial Feds say must be included an acceptable health insurance plan. That will all be revealed in the fullness of time.

Ain't it lovely.

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