Lovely: Still more health insurers warning about increasing premiums

posted at 11:21 am on March 22, 2013 by Erika Johnsen

Unexpectedly.

Health insurers are privately warning brokers that premiums for many individuals and small businesses could increase sharply next year because of the health-care overhaul law, with the nation’s biggest firm projecting that rates could more than double for some consumers buying their own plans. …

UnitedHealth Group, the nation’s largest carrier, and other health insurers said premiums for some individuals and small businesses could rise. …

Insurers are “not being shy that premiums are going to increase in 2014,” and are urging brokers to “brace our clients,” said John Lacy, vice president of group benefits at Bouchard Insurance, a brokerage in Clearwater, Fla. His firm has been hearing from carrier representatives that individual premiums in Florida could go up 35% to 50%, on average, and small-business rates around 30%, though it hopes to find strategies to blunt the impact. …

An official with Blue Cross & Blue Shield of North Carolina told a gathering of brokers last week that individual premiums could go up by as much as 40% to 50%, according to brokers who were present. A spokeswoman for the insurer said “we don’t have final numbers” yet on premiums.

Honestly, you have to wonder: Was the Obama administration and the Democratic Congress actually convinced that ObamaCare was going to be the health care system’s saving grace, rather than its undoing, or did they just say whatever they needed to say to get the dang thing passed? Who could have sincerely failed to see these market interferences and cost increases coming?

As Krauthammer put it last night, it really would’ve been better if they had dropped the charade about really trying to preserve the private health care system in the first place and been a little more intellectually honest (but then, of course, the law probably wouldn’t have passed, so, wash). I don’t want to underestimate Team Obama, because who knows what masterfully manipulative campaign strategy they’ll think up next, but this is one of the reasons I’m skeptical about their odds to defy history in 2014 and beat the six-year itch: Maybe the full effects of ObamaCare still won’t be widespread by November 2014, but if the system has started to implode by then and more people are seeing the consequences… If just the idea of ObamaCare was bad enough to inspire the 2010 Republican wave, it’s implementation could be even worse in terms of rallying public opinion. 2014 anti-ObamaCare redux?


And I think the other point that’s emerging as it begins implementation with all these regulations is that those of us who claimed early on that it was nationalizing healthcare, even though it’s disguised as still a private system, we were absolutely right. There will be hundreds of thousands of pages of regulations, obscure, arcane, written by the bureaucrats only understood by them, and also administered by them. As are the waivers. All the power is in the hand of the government now and it’s an arbitrary one. People are going to discover that it is a system run out of Washington, it is not a private system. And I would say, if you’re going to go that way go the way of the British. Do it honestly, openly and simply own it instead of this pretend private healthcare system.

BRET BAIER, HOST: Down the road, is Obamacare a major issue in the 2014 elections?

KRAUTHAMMER: Absolutely, and it’s going to hurt the Democrats.


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They’ll blame the problems on the Pubs for not voting for it and resisting it.

chemman on March 22, 2013 at 11:28 AM

They’ll blame the problems on the Pubs for not voting for it and resisting it.

chemman on March 22, 2013 at 11:28 AM

Yeah, good luck selling that to indie voters.

Doughboy on March 22, 2013 at 11:30 AM

It’s not just the premiums that are going up, but all the
co-payments, too.

Blake on March 22, 2013 at 11:31 AM

Erika, don’t kid yourself. This was Barry’s plan all along. Obamacare was ALWAYS doomed to fail. And Barry knew and wanted this. This was all designed to be an opening for Barry and the moonbats true dream of a single payer system.

Once Obamacare inevitably fails and skyrockets the cost of premiums, while rationing care, Barry, the Dems and the MFM will start collectively demonizing insurance companies and employers as being “at fault” for its failure and make the pitch for full blown socialized health care. Make no mistake about it.

Luckily, Obamacare as it is right now is still VERY unpopular, and I still have (at least a little) faith that the American people will see through the propaganda once the real pain sets in next year.

cdog0613 on March 22, 2013 at 11:31 AM

The power of over regulation is on display.

Dasher on March 22, 2013 at 11:31 AM

…it’s FREE!

KOOLAID2 on March 22, 2013 at 11:32 AM

Guaranteed chemman

cmsinaz on March 22, 2013 at 11:33 AM

It’s almost as if a herd of morons crafted a monstrous bill packed to the brim with a long wishlist of liberal pipe dream garbage, and then passed it without themselves knowing exactly what was in it.

Bishop on March 22, 2013 at 11:33 AM

To me it defies logic that the Republican cabal isn’t out there
every day trying to implode this disaster of Obamacare .

Lucano on March 22, 2013 at 11:34 AM

As long as Sandra Fluke is able to get her condoms by the gross…

cyclown on March 22, 2013 at 11:34 AM

Erika, don’t kid yourself. This was Barry’s plan all along. Obamacare was ALWAYS doomed to fail. And Barry knew and wanted this. This was all designed to be an opening for Barry and the moonbats true dream of a single payer system.

cdog0613 on March 22, 2013 at 11:31 AM

Yeah, I think most of us suspected this from the beginning. The problem remains however that a majority of Americans don’t want single payer(hence why almost no Dems tried to push that 3 years ago). And I don’t believe for one second that polls showing 35-40% of Americans supporting the idea are accurate. Tell folks that their health care will be provided through the government and that their taxes will have to go up in order to fund it and watch it’s popularity plummet to the single digits.

Doughboy on March 22, 2013 at 11:35 AM

Hey I have a great idea. Why don’t we open up enrollment to 10-20 million illegal aliens?

Wigglesworth on March 22, 2013 at 11:36 AM

The spin will be that insurance company CEOs are synthetically inflating prices because they’re greedy. Any lack of doctors that might come because of Ocare will either be ignored by the lapdog media or blamed on everything else except this plan. Heck–many liberals get defensive when people call it “Obamacare’; they hate the term and now find it insulting to their Chicago Jesus.

The Left and lapdogs will never start talking in terms of repeal. Instead, their ideas will revolve around premium caps, caps on the salaries of CEOs, limits to profit margins, and a gazillion other regulations and ‘reforms’ that will have no effect except maybe to forced insurers to drop healthcare coverage entirely.

Every effort will be made to save Obamacare, rather than get rid of it and start all over again. Or, more accurately, for government to butt out entirely.

Liam on March 22, 2013 at 11:36 AM

It’s almost as if a herd of morons crafted a monstrous bill packed to the brim with a long wishlist of liberal pipe dream garbage, and then passed it without themselves knowing exactly what was in it.

They didn’t care, it was never going to apply to them in the first place.

The whole idea was to make it as monstrously difficult, confusing and expensive as possible to pay for and comply with this obamanation, that it would sooner than later draw everyoone into the government managed single payer plan.

The Left in government has every desire to control and dictate every aspect of our lives, and nothing less will do.

hawkeye54 on March 22, 2013 at 11:38 AM

Hey I have a great idea. Why don’t we open up enrollment to 10-20 million illegal aliens?

Heck, why not have open enrollment for everyone in the world? It’s only fair.

hawkeye54 on March 22, 2013 at 11:39 AM

What are all those superlatives the WH & MSM like to use to describe Obama every time he wipes his nose?

“Unprecedented”

“Historic”

“Transformational”

Sounds like they apply to these insurance premium increases.

Robert_Paulson on March 22, 2013 at 11:40 AM

Erika, don’t kid yourself. This was Barry’s plan all along. Obamacare was ALWAYS doomed to fail. And Barry knew and wanted this. This was all designed to be an opening for Barry and the moonbats true dream of a single payer system.

Once Obamacare inevitably fails and skyrockets the cost of premiums, while rationing care, Barry, the Dems and the MFM will start collectively demonizing insurance companies and employers as being “at fault” for its failure and make the pitch for full blown socialized health care. Make no mistake about it.

Luckily, Obamacare as it is right now is still VERY unpopular, and I still have (at least a little) faith that the American people will see through the propaganda once the real pain sets in next year.

cdog0613 on March 22, 2013 at 11:31 AM

To implement a full socialist medicine then a massive tax hike must be implemented on everyone to an average of $ 5,000 extra in taxes… Good luck with this happening…

mnjg on March 22, 2013 at 11:40 AM

So I guess the “Health Care Affordability Act” or “The Affordable Health Care Act” or whatever the heck it was called doesn’t work!

“Affordability” was suppose to be the key word.

So I guess we have good reason to amend it now. To replace it or to repeal it. It isn’t working. It’s not affordable. It was a lie.

Time for “The Affordable Health Care Amendment Act.” Pass it by a simple majority. Strip it of it’s mandate and allow choice. Even low information voters like and understand choice. Allow people and companies and everyone in God’s green earth under the sun the choice of participating or not with zero penalties. Rip it’s guts out and the game is over.

Until the next time they try it. But that’s the way life is. The fight and struggle never goes away.

JellyToast on March 22, 2013 at 11:41 AM

No surprise. Obamacare was not designed to provide health insurance, it was designed to give government control of your life. It will do what it was designed to do.

Axion on March 22, 2013 at 11:41 AM

They’ll blame the problems on the Pubs for not voting for it and resisting it.

chemman on March 22, 2013 at 11:28 AM

Yeah, good luck selling that to indie voters.

Doughboy on March 22, 2013 at 11:30 AM

Just this week, some reporter said the reason for so much public confusion is because Obamacare has been opposed. The law itself isn’t confusing–no, not that at all. If people didn’t oppose it, everything would be clear and we would all be happy.

Liam on March 22, 2013 at 11:42 AM

The next step for the Dems will be to blame the heartless insurance companies for raising premiums. You know, they’re just using O-Care as an excuse to line their pockets with more profits on the backs of the poor and middle-class. Therefore, the next argument will be that complete single-payer is the only way to truly reform the health care system.

Bitter Clinger on March 22, 2013 at 11:43 AM

They didn’t care, it was never going to apply to them in the first place.

The whole idea was to make it as monstrously difficult, confusing and expensive as possible to pay for and comply with this obamanation, that it would sooner than later draw everyoone into the government managed single payer plan.

The Left in government has every desire to control and dictate every aspect of our lives, and nothing less will do.

hawkeye54 on March 22, 2013 at 11:38 AM

Single payer means that each tax payer will pay an extra $ 5,000 a year on average in taxes… Even many democrats know that this would be a political mass suicide for their party and it is not going to happen…

mnjg on March 22, 2013 at 11:43 AM

This is the perfect example of how a thing’s name has nothing to do with what it actually is.

Pubs should start calling it by “The Affordable Care Act” as well as ObamaCare as they discuss how unaffordable it is.
Use it’s freaking name against it! Expose the lie!

JellyToast on March 22, 2013 at 11:44 AM

But it’s gonna be free for all those on the dole..the rest of us will simply have to wait in line behind those talking on their Obamaphones..assuming we can afford insurance if we’re self employed and working for a living.

celt on March 22, 2013 at 11:44 AM

The next step for the Dems will be to blame the heartless insurance companies for raising premiums. You know, they’re just using O-Care as an excuse to line their pockets with more profits on the backs of the poor and middle-class. Therefore, the next argument will be that complete single-payer is the only way to truly reform the health care system.

Bitter Clinger on March 22, 2013 at 11:43 AM

Yes they are going to do so but the single payer is a political mass suicide for the democrats. Single payer means that on average each tax payer will have to pay an extra $ 5,000 in taxes each year and I do not think that there are enough stupid democrats to go into this political mass suicide…

mnjg on March 22, 2013 at 11:46 AM

I am a health insurance broker. The article makes the carrier meetings I have attended the last couple of years seem mild. I got a letter from a carrier a couple of weeks ago that they are suspending all new sales. Several small innovative carriers that helped to keep costs down have pulled out of the market.

I have been shifting my book of business from health insurance to other products the last year and a half. I am not sure there is a place for agents any longer. When you ask the carriers the answer is very cryptic and they look like a deer either caught in headlights or strung up in a tree about to be field dressed.

USBB on March 22, 2013 at 11:47 AM

This was all designed to be an opening for Barry and the moonbats true dream of a single payer system.

cdog0613 on March 22, 2013 at 11:31 AM

Well, Barry was caught on tape openly advocating for single-payer, so, yeah.

That being said, only a complete psychopath would think single-payer would work in a country as massive and culturally and ideologically diverse as the United States. It can’t even work properly in smaller, culturally homogenous countries! It’s an outdated, backwards concept based in complete economic illiteracy.

Lower and middle-income families to be hardest hit, as usual.

visions on March 22, 2013 at 11:48 AM

This seems to say alot about bhocare. People have NO idea what this is going to do to our Republic I fear.

http://terrellaftermath.com/
L

letget on March 22, 2013 at 11:48 AM

KRAUTHAMMER: Absolutely, and it’s going to hurt the Democrats.

Juan Williams in denial and hardest hit.

Along these lines, for an NRO article (Mona Charen) today about the need for the GOP to be ready with an alternative, here’s a fairly short column in that regard. It provides a nice, concise summary of the origins of employer-provided health insurance. For anyone who doesn’t know anything about this issue, it’s helpful.

http://www.nationalreview.com/articles/343637/health-care-solution-mona-charen

I think Obamacare will be a big issue in 2014 whether it’s fully implemented or not. The GOP needs to ensure that they can’t be accused of going back to the way things were. Healthcare isn’t an arcane issue. A fair number of people generally understand what makes sense. So, if the GOP can come up with a five- or six-part solution that makes sense, they can point to Obamacare and its accompanying regs and say, “Who do you want in charge of your healthcare? You or the government? What you see here is what you’ll get. Not 2,500 pages of legislation and ten times that in regulations.”

I think it might be helpful to show how stupid Obamacare was by showing the truth about the number of “uninsured.” I’ve read–as Obama was forced to say–after you dropped illegal immigrants, we were supposedly talking about 31 million “uninsured.” Turns out, about a third were freeloaders who were too lazy or uninformed to sign up for existing programs. Another third were young people and people in transition between jobs, and people who simply refused to get insurance. The final third were the truly uninsurable and the people for whom Congress should have been legislating. So, to solve a problem for about 10 million people, Obama and Dems destroyed the health care system.

BuckeyeSam on March 22, 2013 at 11:48 AM

Yes they are going to do so but the single payer is a political mass suicide for the democrats. Single payer means that on average each tax payer will have to pay an extra $ 5,000 in taxes each year and I do not think that there are enough stupid democrats to go into this political mass suicide…

mnjg on March 22, 2013 at 11:46 AM

You assume our country has an open and honest mass media…

visions on March 22, 2013 at 11:50 AM

But Queen Sebelius said it was all freeeeeee!!!!

PattyJ on March 22, 2013 at 11:52 AM

Wait a minute!

I thought it was going to be FREE???

/Low info voter

NMRN123 on March 22, 2013 at 11:52 AM

***

The Left in government has every desire to control and dictate every aspect of our lives, and nothing less will do.

hawkeye54 on March 22, 2013 at 11:38 AM

But libertarians drop concerns about the fiscal mess and these intrusions and vote for Obama and other Dems because of abortion and same-sex marriage.

Makes sense. /

BuckeyeSam on March 22, 2013 at 11:53 AM

Yes they are going to do so but the single payer is a political mass suicide for the democrats. Single payer means that on average each tax payer will have to pay an extra $ 5,000 in taxes each year and I do not think that there are enough stupid democrats to go into this political mass suicide…

mnjg on March 22, 2013 at 11:46 AM

Who’s going to put that message out? The GOP sucks at messaging. The MSM sure won’t put it out there. And the Dems will just say that “the rich” need to kick a little more in to the system to pay for it.

Bitter Clinger on March 22, 2013 at 11:54 AM


Yes they are going to do so but the single payer is a political mass suicide for the democrats. Single payer means that on average each tax payer will have to pay an extra $ 5,000 in taxes each year and I do not think that there are enough stupid democrats to go into this political mass suicide…

mnjg on March 22, 2013 at 11:46 AM

You assume our country has an open and honest mass media…

visions on March 22, 2013 at 11:50 AM

The media is a mass of something – but we’re not supposed to use such words ‘round here.

NMRN123 on March 22, 2013 at 11:55 AM

“Honestly, you have to wonder: Was the Obama administration and the Democratic Congress actually convinced that ObamaCare was going to be the health care system’s saving grace, rather than its undoing, or did they just say whatever they needed to say to get the dang thing passed?”

C’mon Erika. Do you really mean to tell us that you still don’t get it? The third option, which you fail to mention, is quite obviously now the only option that makes sense.

ObamaCare was never designed to fix anything. Its sole purpose was to Cloward-Piven the health care system; thus 1/6 of the US economy. It was a destructive agent, meant to destroy the health care system so that the Leftists could yank the country toward a single-payer system.

Obama announced his desire for universal single payer health care to a labor union group long before he became president. He told them that it couldn’t happen right away because the system of employer-provided coverage was entrenched.

ObamaCare is an intentional destruction of the health care system. See the truth, and stop giving this malevolent would-be totalitarian collectivist dictator the benefit of the doubt. The time for assuming typical political motivations is OVER.

IronDioPriest on March 22, 2013 at 11:55 AM

If it is a disaster, then they will have something to “fix.” I can’t wait to see the fixes they have in store for us. I fear the we are stuck with this because getting a veto proof majority in the Senate will be a very high hurdle and if the Republicans have an opportunity to blow a few elections, they will. I just wonder if the start day won’t be postponed since the exchanges are no where near ready.

bopbottle on March 22, 2013 at 11:56 AM

Tell folks that their health care will be provided through the government and that their taxes will have to go up in order to fund it and watch it’s popularity plummet to the single digits.

Doughboy on March 22, 2013 at 11:35 AM

There was a high digit number that didn’t want it in the first place and were not listened to one iota.They could care less what the public wants.They want all of the premium dollars to come to the government.That is one giant orgasm for them.

docflash on March 22, 2013 at 11:59 AM

You assume our country has an open and honest mass media…

visions on March 22, 2013 at 11:50 AM

It’s not about the media. Selling single payer to the electorate will either require a majority of the country to be on board with higher taxes and health care provided through the government or the Dems lying their collective asses off which probably won’t work considering their credibility will be shot after Obamacare doesn’t quite pan out the way they promised.

Doughboy on March 22, 2013 at 12:02 PM

The spin will be that insurance company CEOs are synthetically inflating prices because they’re greedy. Any lack of doctors that might come because of Ocare will either be ignored by the lapdog media or blamed on everything else except this plan. .

Liam on March 22, 2013 at 11:36 AM

Because democrats would never do anything to make actions painful to the citizens when other paths are possible /s (See sequestration cuts for example).

i.e., the line of argument you are pointing out could work because it is projection of what democrats do.

AZfederalist on March 22, 2013 at 12:04 PM

If it is a disaster, then they will have something to “fix.” I can’t wait to see the fixes they have in store for us. I fear the we are stuck with this because getting a veto proof majority in the Senate will be a very high hurdle and if the Republicans have an opportunity to blow a few elections, they will. I just wonder if the start day won’t be postponed since the exchanges are no where near ready.

bopbottle on March 22, 2013 at 11:56 AM

It was always meant to be fixed.

So.. this is a stepping stone for the Democrats or an opportunity for Republicans.
Either we’ll get the next level of ObamaCare or we’ll get it repealed.
But, it doesn’t need repealed. It can simply be amended or replaced with simple majority vote.

JellyToast on March 22, 2013 at 12:07 PM

It’s almost as if a herd of morons crafted a monstrous bill packed to the brim with a long wishlist of liberal pipe dream garbage, and then passed it without themselves knowing exactly what was in it.

Bishop on March 22, 2013 at 11:33 AM

Sounds about right. At least the only downside is that it’ll only make us poorer, less free, and likely shorten our lives. But aside from that it’s pretty awesome.

forest on March 22, 2013 at 12:11 PM

Was the Obama administration and the Democratic Congress actually convinced that ObamaCare was going to be the health care system’s saving grace, rather than its undoing, or did they just say whatever they needed to say to get the dang thing passed?

All of the above, depending who we’re talking about. The economic illiterates in the Democrat base believed in this fairy tale. Those are the ones who are, and will be expressing genuine surprise at the consequences their pea brains couldn’t foresee.

Most of the Democrat leadership knew they were destroying the private health care system, which is why they rammed it through before anyone could read it or understand its implications. It’s why the bulk of it doesn’t take effect until next year. But they miscalculated the timing. I’m sure they believed the consequences would occur more gradually, and didn’t realize just how fast they would start showing up.

I’ve said it before and I’ll say it again: Obamacare is going to torpedo Democrats in 2014. None of them will be able to hide from this disaster and their fingerprints are all over it.

RadClown on March 22, 2013 at 12:31 PM

When, in the past 60 years, has ANY Democrat led initiative EVER been repealed, rolled back, curtailed, or abolished.

Give it up. Obamacare is with us to the very end.

Cleombrotus on March 22, 2013 at 12:58 PM

Remember, it’s not just the “Affordable Care” part of the law’s title that’s absurd. There’s also the “Patient Protection” part.

Sure. The patients will be “protected,” and the “care” will be “affordable.”

Why aren’t these bastards covered head to toe in tar and feathers, yet?

Kensington on March 22, 2013 at 12:58 PM

first off i think Obamacare should be repealed.

however much of the price increases are because of the Obamacare requirement reducing the premiums for older people 55-65 and tranferrinng them to younger workers-obviously 65 and older are on medicare.

its the 55-65 employee that uses most of the medical services.

gerrym51 on March 22, 2013 at 12:59 PM

Sounds about right. At least the only downside is that it’ll only make us poorer, less free, and likely shorten our lives.

those aren’t downsides….those are the prominent strengths of the plan as envisioned by the Left.

hawkeye54 on March 22, 2013 at 1:00 PM

The MSM sure won’t put it out there. And the Dems will just say that “the rich” need to kick a little more in to the system to pay for it.

Anyone with assets will need to kick in a lot more to the system. It’s unfair that there is too much in private retirement accounts unfairly amassed by selfish people. The government has to step in and liberate those funds to be redistributed more equally.

We don’t need to worry or be concerned about saving up for our living expenses after retirement, the government will do that for us, granting us an equitable stipend as it sees fit.

hawkeye54 on March 22, 2013 at 1:05 PM

To implement a full socialist medicine then a massive tax hike must be implemented on everyone to an average of $ 5,000 extra in taxes… Good luck with this happening…

mnjg on March 22, 2013 at 11:40 AM

I agree with your premise, but doubt that $5K would be enough. Remember, you have almost 50% paying no income taxes, of that roughly 20% would be seniors. Your income tax base is forever shrinking.

More likely would be a VAT with tax credits for those making under a certain amount.

Yes there would be tons of problems, objections etc, but don’t you think those looking at paying $20 – $25K a year for family coverage would rather happily pay a VAT not to have to worry about it?

Let me state that I do not think nationalized healthcare for the US would work (yes I am in Canada), it works OK here with some drawbacks but we are such a small market relatively.

Just throwing it out there for your opinions.

can_con on March 22, 2013 at 1:24 PM

Erika:
The who point of Obamacare was never to fix the health insurance industry. It was to permanently break it. To drive to the goal of single payer government administered plan. if insurance premiums become unaffordable, then the administration will suceed in this goal.
Remember: “We may not get there all at once, but we will get there in 10 years.”
-B.O.

paulsur on March 22, 2013 at 1:25 PM

Who’s going to put that message out? The GOP sucks at messaging. The MSM sure won’t put it out there. And the Dems will just say that “the rich” need to kick a little more in to the system to pay for it.

Bitter Clinger on March 22, 2013 at 11:54 AM

To fund a fully socialized healthcare system on the back of the rich they have to pay an extra 2 trillions dollars a year in taxes… The top 10% of the population, those who make more than $ 115,000 a year received a total yealry income of 3.7 trillions dollars, in other word the government has to take 55% of their income just to fund a socialized healthcare system and this not including the other taxes they have to pay to fund all other government departments and programs as well as state programs… In other word the government has to confiscate 90% of the top 10% income in order to pay for socialized healthcare and other government departments and programs… In other word it will 50% unemployment… As I said before it is a political mass suicide for the democrat party and it will finish them forever if they even attempt to do it…

mnjg on March 22, 2013 at 1:29 PM

I’m not at all optimistic. People knew all this (or should have) and voted for him anyway. Doomed.

Bob's Kid on March 22, 2013 at 1:30 PM

I agree with your premise, but doubt that $5K would be enough. Remember, you have almost 50% paying no income taxes, of that roughly 20% would be seniors. Your income tax base is forever shrinking.

More likely would be a VAT with tax credits for those making under a certain amount.

Yes there would be tons of problems, objections etc, but don’t you think those looking at paying $20 – $25K a year for family coverage would rather happily pay a VAT not to have to worry about it?

Let me state that I do not think nationalized healthcare for the US would work (yes I am in Canada), it works OK here with some drawbacks but we are such a small market relatively.

Just throwing it out there for your opinions.

can_con on March 22, 2013 at 1:24 PM

Thanks for the Canadian perspective… The national VAT tax will between 15% to 20% to generate 2 trillions dollars to fund a socialized healthcare in the US and this will be also a mass political suicide for the democrats if they even think to attempting it…

mnjg on March 22, 2013 at 1:32 PM

Nothing is free you stupid liberals.

RDE2010 on March 22, 2013 at 1:32 PM

I think you will find a lot of public outcry at the end of the year when companies announce their health insurance policies for the 2014 year. That will make the House and Senate elections VERY interesting next year.

For our company, we won’t know the rates starting 1-1-14 till sometime in October of this year. If the rates rise by the currently predicted 20%-70%, we may eliminate the policies and point all of our employees towards the state exchanges. Which probably won’t be ready to take on those thousands or tens of thousands or hundreds of thousands of people that will lose their company sponsored policies.

What isn’t mentioned here are workman’s compensation rates for businesses. With health insurance costs spiking, these rates for businesses will also spike, adding an incentive to business owners to drop employee health insurance coverage to soften the blow of higher WC rates.

FUBAR

keioki on March 22, 2013 at 1:33 PM

Voting ‘em out of office is too good for them.

PackerBronco on March 22, 2013 at 1:34 PM

Thanks for the Canadian perspective… The national VAT tax will between 15% to 20% to generate 2 trillions dollars to fund a socialized healthcare in the US and this will be also a mass political suicide for the democrats if they even think to attempting it…

mnjg on March 22, 2013 at 1:32 PM

Yah that sounds about right (the 2 trillion). I know here in Ontario, our health care costs currently absorb 40% of all provincial taxes and estimated to eat up 60% by 2030.

The way I think Dems would bypass such a large Vat would be to obviously start further cutting defense, and continue running massive yearly deficits. But even getting it down to 10% would be a challenge and likely not enough to get anyone onside.

can_con on March 22, 2013 at 1:38 PM

Who could have sincerely failed to see these market interferences and cost increases coming?

Those of us who were paying attention, Obamacare wasn’t about healthcare or cutting costs. It’s about control and crashing the American health care system so that government can step in and be the health care provider. Like Margaret Sangers method to control a certain segment of the population through PP, Obamacare will be the governments method to control or reduce the undesirables of the US population. The Dems and Obama came up with the plan, the LIV’s that voted for them aren’t smart enough to recognize it.

TulsAmerican on March 22, 2013 at 2:00 PM

May this be a millstone that takes everyone who voted for it and supported it to the bottom of the Marianas Trench forever and ever.

tom daschle concerned on March 22, 2013 at 3:06 PM

When, in the past 60 years, has ANY Democrat led initiative EVER been repealed, rolled back, curtailed, or abolished.

Give it up. Obamacare is with us to the very end.

Cleombrotus on March 22, 2013 at 12:58 PM

Yep; ratchet. It almost seems as if there’s an unspoken gentleman’s agreement in Congress to never undo anything done by a previous Congress.

slickwillie2001 on March 22, 2013 at 4:01 PM

Let’s not forget the Republican Senators who voted with the Democrats to keep funding Obamacare.

RADIOONE on March 22, 2013 at 4:03 PM

ObamaCare was designed to fail. Then they would move right into a single payer system. Which is what they wanted from the beginning.

Don’t forget, ObamaCare was passed in the HEYDAY of Democratic rule. Conservatism was dead!

Now their stuck trying to plug holes in the dike, each time another financial blunder is found in the miracle document that ‘had to be passed so that we could see what was in it!”

GarandFan on March 22, 2013 at 6:10 PM