Obamacare Will Increase Individual He...

Obamacare Will Increase Individual Health Insurance Premiums By 34-80%..

Posted in the Banking Forum

A Justday

Buffalo, NY

#1 Jun 23, 2013
It is no joke: Even In Over-Regulated Washington State, Obamacare Will Increase Individual Health Insurance Premiums By 34-80%..

Jay Inslee Speech

Washington Gov. Jay Inslee (D.)(Photo credit: Thomas Soerenes)

For all the talk about rate shock—next year’s Obamacare-induced spike in health insurance prices—there are a few states where you’d think rate shock shouldn’t happen. In Maine, New Jersey, New York, Vermont, and Washington, insurance markets are already regulated in much the same way that Obamacare will. These states force insurers to cover everyone, despite pre-existing conditions, and they oblige carriers to charge similar rates to younger and older customers. Despite these factors, it turns out that in Washington state, Obamacare will still increase the underlying cost of individually purchased health insurance by 34 to 80 percent, on average....

The intended purpose is not rewarded with the reality checks...I say the leaders in Washington, DC need to study the plus and minus of An Issue before voting IT into A Law!!! People in America can not afford the goof ups
once too often!!!

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