Sunday, November 01, 2009

ObamaCare and your insurance premiums. There’s no free lunch.

Despite indignant Democratic denials, the near-certainty is that their plan will cause costs to rise across the board. The latest data on this score come from a series of state-level studies from the insurance company WellPoint Inc. Using their own data it modeled ObamaCare in 14 states. Democrats who can‘t read their own bills or return calls and e-mails of worried voters, were lightning fast on trashing WellPoints data:
    In all of the 14 states WellPoint scrutinized, ObamaCare would drive up premiums for the small businesses and individuals who are most of WellPoint's customers. (Other big insurers, like Aetna, focus on the market among large businesses.) Young and healthy consumers will see the largest increases—their premiums would more than triple in some states—though average middle-class buyers will pay more too.

    Not even two hours after Wellpoint had presented its materials on the Hill, Democrats were already trashing it—which, considering that it runs to some 238 pages and took weeks to prepare, must have required remarkable powers of digestion and analysis. Link
HT Pauli

1 comment:

Anonymous said...

The Dems loved Wellpoint when it supported their earlier health grabs and entitlements. You'd think businesses would catch on that when you sleep around you get fleas and STDs.