A Premium Mix Up

Posted by Chamber Grassroots on June 6th at 11:04am

Obamacare backers thought they finally caught a break last month when California released plans and rates of the state’s health care exchange which supported the President’s claims that his health care overhaul would make coverage “more affordable.”

The announcement claimed that Californians would pay less for health care plans offered on the state’s insurance exchanges to be offered in 2014, a major component of the 2010 health care law. 

But once again, reality got in the way to reveal that there would be no cost reduction, just the increases on premiums for workers and small businesses.

As the Wall Street Journal revealed:

California reported that the rates would range from 2% above to 29% below the current market…[However, this was] false comparison. They weren’t looking at California’s lightly regulated individual insurance market that functions surprisingly well. They were comparing ObamaCare insurance to the state’s current small-business market where regulations similar to ObamaCare have already been imposed…

In other words, California wasn’t comparing apples to apples. It wasn’t even comparing apples to oranges. It was comparing apples to ostriches.  

Every rational, unbiased examination of Obamacare has come to the same conclusion – it is going to cost us more. That added expense will come in the form of higher rates for people who already have insurance that meets their needs (which is a majority of Americans) and higher taxes to support the expensive subsidies the plan requires.

It’s hard to be surprised. You’ve seen the ongoing coverage of this issue, including data from the Congressional Budget Office that shows an almost $1 trillion Obamacare price increase over ten years.

All in all, things haven’t gotten any better for Obamacare supporters. While we know that Obamacare is now the law of the land, this should be more encouragement for Americans to stand up and demand the system that they deserve. 

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The fight is not over. We can still have a system that works. Sign on today.

 Disclaimer:  The views expressed here are not necessarily the views of Be Well Insurance Solutions and its representatives.  Stories like these and others are shared on our blog for informational purposes only and do not reflect the views of our organization.

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