Tuesday, April 15, 2014

Another "See I Told You So": Obamacare costs

Really? All I can do is laugh and say again, "See I told you so"!  Not too long ago I blogged on my own personal costs:  $360 month for vision, dental, health, life, etc, before Obamacare.  Now it's $730 month for dental, health, and a partial vision coverage with high deductibles for all 3!  That's not a savings of $2500 per year as our dearly beloved President stated.  Nope.  It's an increase of  $4,440!  Yep, he lied.  And knew he did.  How does he sleep at night??

From Foxnews:

Survey shows ObamaCare sending premiums rising at fastest clip in decades

A recent survey of 148 insurance brokers shows that ObamaCare is sending premiums rising at the fastest clip in decades.

"For the last, about, five years they've been doing this survey, so this was the largest percentage increase in any quarter since they've been doing (it)," says Scott Gottlieb of the American Enterprise Institute.
"But at 12 percent, 11 percent increase on average across all the states -- that puts it at the upper end of any increase we've seen for decades."

That is the national average in a survey done by Morgan Stanley. But in some states, it found rates are soaring.

"There are specific states with exorbitant increases," says Gottlieb.  "Delaware had 100 percent increase, Florida had a 37 percent increase, Pennsylvania 28 percent increase, California had a 53 percent increase in their premiums."  

Read more: http://www.foxnews.com/politics/2014/04/14/survey-shows-obamacare-sending-premiums-rising-at-fastest-clip-in-decades/

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