Tuesday, June 2, 2015

ObamaCare Premiums About To Skyrocket

The media is fixated on how a pending Supreme Court decision may cause ObamaCare premiums to skyrocket and according to the false narrative, Republicans are to blame; but what you're not being told is that premiums are about to skyrocket anyway and Obama is to blame... but fearless leaders is telling the people not to worry... everything is fine...






According to Michael Reagan: "Politico reports health insurers are asking federal and state bureaucrats to OK double-digit rate hikes for hundreds of ObamaCare plans next year, increases driven by skyrocketing drug costs and superior data on how healthy (or sick) their customers are."

"With some seeking hikes of more than 20 percent, the Obama administration was quick to quell fears of spiraling costs, insisting they were merely "victims of [their] own transparency," and that rates would surely be revised down before being finalized in October."

(Politico) Health insurers are asking federal and state regulators to sign off on double-digit rate hikes for hundreds of Obamacare plans next year, increases that are being driven by skyrocketing drug costs and better data on how healthy or sick their customers are.

On Monday, the Obama administration posted proposed premium hikes from a wide range of carriers — including major players like Blue Cross and Blue Shield plans — and their rate requests provide the most comprehensive preview yet of what insurers expect for the 2016 enrollment season.

With some seeking hikes of more than 20 percent, the Obama administration quickly tried to tamp down fears of out-of-control insurance costs and insisted the proposals will receive tough scrutiny and will likely come down...

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Posted By: Chris Carmouche