Friday, March 14, 2014

OF COURSE Health Insurance Will Cost More Next Year ... It Does Every Year

Those figures refer to job-based health insurance, so prices are different than the cost of individual coverage available via Obamacare's health insurance exchanges, which are for people who don't get coverage from employers. Comprehensive data on the individual market are harder to come by, but a report from online insurance broker eHealth about the products they provide shows rate increases are the norm for these plans, too.
The average premium for an individual rose 32 percent between 2005 and 2012, according to the company's report.

Here, the newspaper appears to take President Barack Obama's administration to task for not believing something it never claimed to believe in the first place: That, within the remarkably short period of 24 months, decades of health insurance rate hikes would suddenly reverse themselves.
And here's how the Daily Mail characterized the Health and Human Services secretary's banal statement: "Sebelius admits Obamacare will raise health insurance premiums in 2015."

Granted, Obama and his deputies shoulder blame for making it easy for people to believe that acknowledging something as obvious as increasing health insurance premiums constitutes news.

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