Just as Predicted, Insurance Premiums Continue to Skyrocket-Because of ObamaCare

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ObamaCare was supposed to decrease heath insurance premiums.  In fact, we were promised a $2500 DECREASE in ObamaCare Premiums.  Instead, however, we are seeing vast INCREASES in premiums.  I guess, just like the “If you like your plan” lie, and just like the “If you like your doctor” lie, the “premiums are going to go down” claim is every bit the lie as the first two.  Wyblog has more…

Now, in a Superfecta of Obamacare #fail, if you were expecting to save $2,500 per year, well, the joke’s on you.

Do you remember when Barack Obama told you the average family would save $2,500 a year under Obamacare?

Yeah, that was a lie, too.

Everything Obama says is a lie. Including “and” and “the.”

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The United States has seen the sharpest increase in health insurance premiums in the last year than possibly ever, a new survey has found, and analysts have concluded the “increases are largely due to changes under the Affordable Care Act.”

According to Forbes Magazine, a quarterly survey by investment bank Morgan Stanley of 148 brokers who sell insurance showed that premiums accelerated in the last quarter more than of any of the 12 prior quarterly periods, a peak which has coincided with the run-up to the Obamacare deadline.

The average premium increases for insurance renewals in the most recent quarter were over 11 percent in the small group market and 12 percent in the individual market where consumers buy coverage directly from health plans. By comparison, the September survey showed that increases in the small group market averaged 3 percent, and 2 percent in the individual market.

In some states, increases have been 10 to 50 times those averages, according to Forbes. For the individual insurance market, premiums have increased an average of 100 percent in Delaware, 90 percent in New Hampshire, 54 percent in Indiana, 53 percent in California, 45 percent in Connecticut, and 37 percent in Florida.

For the small group market, Washington had an average increase of 588 percent, followed by Pennsylvania at 66 percent, California at 37 percent, and Indiana at 34 percent.

If you voted for Obama, you voted for this.  You were warned, but you chose to listen to idiots (MSNBC) and liars. (democrats).  Millions have lost their plans, or doctors.  And now, most of the rest are going to pay, and pay, and pay.  Then, if they can’t afford to pay, they still will pay the tax.  In liberal land, even if you don’t pay, you still pay.  That’s life under ObamaCare, and it’s just the beginning.

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ObamaCare Damage: Skyrocketing Health Care Costs Confound NC Businessman

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Yesterday, we reviewed how President Obama lied early and often about how ObamaCare was going to decrease premiums.  We went over that many people have had their premiums double, or even triple.  And now, we have the plight of a NC businessman who is struggling between a rock and a hard place in order to do right by his employees and customers…

Did you catch the lie at the very end of the video?  That runs counter to the CBS News report from earlier that indicates that the system needs a complete overhaul to function. 

In the end, ObamaCare is everything we said it would be, and less.  That, and you have to be living under a rock, a die hard regressive, a pathological liar, or floridly psychotic to miss it.

Or do I repeat myself?

Elections have consequences!

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Obama’s Second Term EPA to Destroy Coal Industry

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Apparently, the Obama Administration is holding back on announcing new regulations, especially from the EPA.  It would seem that the Administration does not want prospective voters knowing what the EPA will be up to.  However, Freedom Works has some relevant information…

First, an October report from Republican Sen. James Inhofe indicated that the EPA specifically “punted” on numerous regulations in an attempt to “earn votes” for a second term.  

Then, the administration illegally failed to meet a deadline for releasing regulatory plans for the coming year, a move which prompted Inhofe to release the following statement:

“President Obama is refusing to comply with the law that requires him to publish forthcoming regulations because he doesn’t want the American public to know the terrible cost of the regulatory barrage he plans to unleash in a second term.”

The actual cutback in October regulations and subsequent plans in November bear this out.  We’ve seen an unprecedented number of ‘economically significant’ regulations being approved by the Obama administration last month.  Reports indicate that there were only 4 regulations approved during October, while Obama has averaged over 40 such regulations on average over his term.

Inhofe warns that 2013 will be much different – wide-sweeping regulations will be coming from the White House … after the election.  And it won’t be a pretty scene for the jobs scene in coal country:

The Oklahoma senator and ranking Republican on the chamber’s Committee on Environment and Public Works has released a report stating that when the agency approves the roughly one dozen regulations next year in 2013, they will “spell doom” for jobs and economic growth… ‘These rules taken together will inevitably result in the elimination of millions of American jobs, drive up the price of gas at the pump even more, impose construction bans on local communities and essentially shut down American oil, natural gas and coal production.’”

New EPA regulations will facilitate the closing of up to 69,000 megawatts of coal-fueled electric generation, and will sever up to 887,000 jobs per year. Worse according to the report, peak years could see job losses anywhere between 700,000 and a staggering 2.2 million.

That’s what Obama promised.  He promised to bankrupt coal, and the new regulations, that won’t be released unless/until Obama wins will do exactly that.  But, how many people working in the emergy/coal sector will go out and vote for the man who will put them out of work?

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