Health Care premiums to increase 400%
All is proceeding as we predicted.
Internal cost estimates from 17 of the nation’s largest insurance companies indicate that health insurance premiums will grow an average of 100 percent under Obamacare, and that some will soar more than 400 percent, crushing the administration’s goal of affordability.
New regulations, policies, taxes, fees and mandates are the reason for the unexpected “rate shock,” according to the House Energy and Commerce Committee, which released a report Monday based on internal documents provided by the insurance companies. The 17 companies include Aetna, Blue Cross Blue Shield and Kaiser Foundation.
Sadly, Americans have no idea of the economic destruction Obamacare has already caused.
Small businesses will soon be unable to provide any health insurance – even the terrible high-deductible plans about which people used to complain. Would-be-entrepreneurs by the thousands will continue to stay at jobs they hate rather than start businesses that could succeed.
Obamacare is an anchor around the neck of our economy. It isn’t going to get better.
Source: http://therealrevo.com/blog/?p=98515
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