Wednesday, March 27, 2013

Rising premiums and losing coverage with Obamacare

So maybe you can't keep your current coverage... Uhh, ya think?!
Reuters: Millions of Americans will be priced out of health insurance under President Barack Obama's healthcare overhaul because of a glitch in the law that adversely affects people with modest incomes who cannot afford family coverage offered by their employers...
'People with modest incomes'...you mean those who we were told this law had to be passed for?! The false bill of goods continue to be revealed...
AP: A new study finds that insurance companies will have to pay out an average of 32 percent more for medical claims on individual health policies under President Barack Obama's health care overhaul.

What does that mean for you?

It could increase premiums for at least some Americans.
It will increase premiums for all Americans...bank on it. Further evidence that this power grab was never about controlling costs.

Related links: Wyden: Healthcare law's 'family glitch' leaves dependents without coverage
Premiums could rise under healthcare law, Sebelius concedes
U.S. Sen Ted Cruz Op-Ed on Obamacare’s Failure