“But for us Democrats, Obamacare is a badge of honor.” – HHS Secretary Kathleen Sebelius
Health insurance companies 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.
In California, Aetna is proposing rate increases of as much as 22 percent, Anthem Blue Cross 26 percent and Blue Shield of California 20 percent for some of those policy holders, according to the insurers’ filings with the state for 2013.
Ironically, Anthem’s 2010 increases were the reason Obamacare was introduced…
But wait, weren’t we told ObamaCare prevented rises in health insurance costs?
Q: Will this new insurance regulation drive up my health insurance costs?
A: No. The grandfather rule is designed to preserve the ability of Americans to keep their current plan if they like it, while providing new benefits. Other provisions of the Affordable Care Act aim to make health insurance premiums more affordable.
Bawahahahahaha! So not only will we be hit with higher insurance premiums, we’ll also be hit with the higher taxes stemming from Obamacare.