According to a state-by-state study conducted by Wellpoint, Inc., current health insurance premiums on average – will triple under Obamacare.
And that’s not to mention that Granny’s bennies will be cut by a reported $500 billion to accommodate illegal aliens.
Obamacare: Startling new Revelations Scare Public – Floyd and Mary Brown at Townhall.com
Reaction from the Obama White House was swift and harsh. Linda Douglass, Obama’s healthcare spokesperson, had the audacity to compare the health insurance firm with tobacco companies. Since the White House refuses to argue the facts, they instead turned to using one of their favorite tactics, which is demonizing any voices of dissent.
The reason for the dramatic insurance premium increases is the result of Obamacare regulations.
Obama doesn’t like criticism, you’re just supposed to shut up and let them hijack the country to loony socialism which will tank our average standard of living to Europe’s average. Europe, by the way, is socialist, too; and they have a 30% lessser standard of living than we do. There are reasons for that; there is a personal price everyone pays when everything is “free”.
Just like there are reasons that insurance companies figure out a higher price tag for higher risks.
That’s why there is Lloyds of London; some risks are practically uninsurable according to the actuarial tables. That’s why in areas where insurance companies had to pay out significant claims after Hurricane Katrina, they simply pulled out of underwriting insurance in those areas.
Of course, government officials are acting like there is an endless source of money–we’re out of money already. When they’re spending money based on the idea of fleecing children that haven’t been born yet after I’m dead; that’s a problem.
Aren’t government regulations ALWAYS the cause of more problems than they solve?
