How many of the 7.1 “enrollees” lost their insurance first due to Obamacare? How many already had insurance and switched? 7.1 have logged in but how many have purchased? This appears to be one giant shell game…
Update: So much for lowering the cost of health care or keeping prices under control, like the Democrats promised with the “Affordable” Care Act.
By Jim Angle
Published April 14, 2014
A recent survey of 148 insurance brokers shows that ObamaCare is sending premiums rising at the fastest clip in decades.
“For the last, about, five years they’ve been doing this survey, so this was the largest percentage increase in any quarter since they’ve been doing (it),” said Scott Gottlieb of the American Enterprise Institute.
“But at 12 percent, 11 percent increase on average across all the states — that puts it at the upper end of any increase we’ve seen for decades.”
That is the national average in a survey done by Morgan Stanley. But in some states, it found rates are soaring.
“There are specific states with exorbitant increases,” Gottlieb said. “Delaware had 100 percent increase, Florida had a 37 percent increase, Pennsylvania 28 percent increase, California had a 53 percent increase in their premiums.” …
The CBO also projects future premium increases over the next decade.
Insurance companies will soon have to set rates for 2015, and analysts fear reported higher costs now will mean increases next year, as well.
“They’re going to see an announcement that next year’s premium’s going to be 25 percent or maybe 50 percent higher than what they’re now paying,” says John Goodman of the National Center for Policy Analysis.