Pelosi: Stop calling it ObamaCare. It’s the Affordable Care Act. Affordable, affordable, affordable.
posted at 2:01 pm on March 20, 2014 by Erika Johnsen
Maybe if you just keep saying it, it will actually come true.
Health industry officials say ObamaCare-related premiums will double in some parts of the country, countering claims recently made by the administration. …
The industry complaints come less than a week after Health and Human Services (HHS) Secretary Kathleen Sebelius sought to downplay concerns about rising premiums in the healthcare sector. She told lawmakers rates would increase in 2015 but grow more slowly than in the past. …
Her comment baffled insurance officials, who said it runs counter to the industry’s consensus about next year.
“It’s pretty shortsighted because I think everybody knows that the way the exchange has rolled out … is going to lead to higher costs,” said one senior insurance executive who requested anonymity.
The insurance official, who hails from a populous swing state, said his company expects to triple its rates next year on the ObamaCare exchange.