Sunday, November 17, 2013

Obamacare is junk insurance | WashingtonExaminer.com

Link: http://washingtonexaminer.com/obamacare-is-junk-insurance/article/2538366 (via shareaholic.com)

When Obama claims your old plan was "junk," he's not leveling with you. Your health plan wasn't canceled out of some kind of concern that you are insufficiently insured. Rather, you simply must pay more – and get less – to make Obamacare's finances work.

http://www.forbes.com/sites/theapothecary/2013/11/04/49-state-analysis-obamacare-to-increase-individual-market-premiums-by-avg-of-41-subsidies-flow-to-elderly/

In the average state, Obamacare will increase underlying premiums by 41 percent. As we have long expected, the steepest hikes will be imposed on the healthy, the young, and the male. And Obamacare's taxpayer-funded subsidies will primarily benefit those nearing retirement—people who, unlike the young, have had their whole lives to save for their health-care needs.

http://www.powerlineblog.com/archives/2013/11/lies-of-obamacare-documented.php

Over the last day or two, the major breaking story has really been a throwback: in 2010, the Obama administration promulgated rules governing what plans that pre-existed Obamacare would be "grandfathered" under that statute, and allowed to continue. In the context of announcing its rules, the administration predicted that because of their restrictiveness, many millions of Americans would lose their existing insurance coverage, whether they liked it or not.



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