Tuesday, June 02, 2015

Obama lied: ObamaCare premiums going up--not down

"If you've got health insurance, we're going to work with you to lower your premiums by $2,500 per family per year. And we will not wait 20 years from now to do it or 10 years from now to do it. We will do it by the end of my first term as president of the United States of America."
Barack Obama, February 27, 2008.

On the other hand...

From Fox News:
Dozens of health insurers selling plans under ObamaCare have requested hefty premium increases for 2016, according to preliminary information published Monday by the White House.

The insurers have cited higher-than-expected care costs from customers they gained under the ObamaCare's coverage expansion and the rising cost of prescription drugs and other expenses as reasons for proposing the increases, many of which are in the double-digit percentages.

Among the market leaders, Blue Cross and Blue Shield of North Carolina is seeking a roughly 26 percent premium increase, while plans in Illinois and Florida, among other states, are asking for hikes of 20 percent or more. In Pennsylvania, Highmark Health Insurance Co. is asking for a 30 percent increase.

The preliminary requests were announced as the Supreme Court prepares to rule on the validity of ObamaCare's tax credits to offset the cost of premiums for lower-income consumers in most states in the country.

No comments: