Remember that repetitive presidential promise to “cut the cost of a typical family’s premium by up to $2,500 a year”? As 2014 and full implementation of Obamacare get closer, it is crystal clear that won’t be the case.
Obamacare’s most onerous insurance regulations will directly cause insurance premiums to skyrocket, particularly in the individual and small group markets... There have been many different studies done over the past few years to model what premium increases are likely to be under Obamacare’s new rules. [Staff members of House and Senate committees compiled] over 30 of them to make a list of projected premium increases by state:
With the bulk of the health care law kicking in 2014, this is likely just the beginning of Obamacare’s broken promises.
As News from Doswell predicted in 2010, "Only Chumps and Hypocrites Will Pay For Health Insurance Under Obamacare Because Insurers Must Cover All Preexisting Conditions."
Hat tip: BadBlue News Service.