New York Times: ‘Obamacare prices are going way up’
Even the liberal-leaning New York Times is admitting Obamacare health-insurance premiums are jumping “way” up in 2017 but apparently dismisses the increases as insurers simply having “mispriced” insurance plans. Riiiight. This is yet another example of the New York Times ignoring the facts to promote a left-wing agenda.
Obamacare rates are going way up. The latest estimate from the federal government is that the average midlevel Obamacare plan, the most popular choice, will cost about 22 percent more in 2017 than it did in 2016. This is based on data from 39 states where people sign up through the HealthCare.gov website and some preliminary data from four other states and the District of Columbia.
There is big variation nationwide. Customers in Phoenix are looking at a premium increase of 145 percent, while customers in Providence, R.I., are looking at a 14 percent decrease, according to a Kaiser Family Foundation analysis…
Many insurers also mispriced their plans in the early years of the law and have either left the market or have had to raise their prices sharply to cover the cost of providing coverage. The insurers say they need higher rates to pay for the expensive medical care that so many people are receiving under the law.
The steep Obamacare premium increases aren’t merely a mispricing or a miscalculation on the part of partnering insurers. Americans were promised a far different bill of goods than the one they are being required by law to buy into or otherwise face penalties. Click here if you’ve had it with the Obamacare lies and want to help Tea Party Patriots encourage lawmakers to repeal President Obama’s disastrous signature health-insurance law.