Green Room

Local insurers: Yep, Obamacare will increase premiums

posted at 3:07 pm on July 16, 2013 by

A health insurance manager interviewed by a Louisiana news affiliate provided viewers with a quick lesson on the economics of Obamacare (via the Weekly Standard):

The newsreader does her level best to promote the new law, describing how its exchanges are supposed to work with nary a word about “train wrecks,” logistical snags, or fraud-related “disasters.”  Ultimately, though, she can’t side-step the coming premium hikes — even as she tries to minimize them by asserting that only a “small number” of policy holders on the individual market will be affected.  That “small” pool numbers in the millions.  Her selective reporting also fails to address the many people with employer-based insurance who will either lose their coverage, have their hours reduced, or see their costs continue to increase within their existing plan.  President Obama told Americans his plan would reduce healthcare costs by an average of $2,500 per family.  That’s not happening.  By the way, Gallup is out with a new survey showing Obamacare opposition creeping upward again, a trend reflected across a wide array of recent national polling.  Perhaps news accounts like this, this, and this have been a drag on the law’s public image — and that’s before we even mention Obamacare’s recent high-profile delays.

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And in other news, water is wet.

NerwenAldarion on July 16, 2013 at 3:16 PM

What a freaking disaster.

Kensington on July 16, 2013 at 3:37 PM

I feel like I’ve been a semi-cringe state ever since this nightmare was signed into law. Three plus years now just waiting for the kick to finally connect to the crotch.

Kensington on July 16, 2013 at 3:38 PM

In other news, it is being reported that in fact, pigs can’t fly. Film at 11.

RadClown on July 16, 2013 at 3:50 PM

UNEXPECTEDLY!!!®

Bitter Clinger on July 16, 2013 at 3:58 PM

C’mon, trolls, tell us why this is awesome.

CurtZHP on July 16, 2013 at 4:31 PM

Louisiana insurers are making this claim?
Raaaaaacists!! Duh!

Hill60 on July 16, 2013 at 7:13 PM

It’s. The. Law.

Laws get changed all the time.

I’m not looking forward to the benefits meeting in October. That is well and truly going to suck more than it has sucked the past couple years.

ProfShadow on July 16, 2013 at 9:07 PM

. . . people with employer-based insurance who will . . . see their costs continue to increase within their existing plan.

and just as important, employers’ cost will increase, which makes getting a decent raise more difficult.

The Feds have forced participation in a circular firing squad.

exdeadhead on July 16, 2013 at 10:24 PM

Thank you Justice Roberts……never has a lapse in reason by one individual been so pivotal and devestating to the welfare of a general populace than yours.

michaelthomas on July 17, 2013 at 12:49 PM

Thank you Justice Roberts……never has a lapse in reason by one individual been so pivotal and devestating to the welfare of a general populace than yours.

michaelthomas on July 17, 2013 at 12:49 PM

No, no! Justice Roberts move was pure legal brilliance! You see, by abdicating his responsibility and allowing this cancerous monstrosity to stand, he empowers us all.

It’s like Star Trek chess or something. Just watch out for the Klingons near Uranus…

Kensington on July 17, 2013 at 1:20 PM

Funny how today’s New York Times has a front page piece on how Obamacare is lowering insurance costs.

Gee, I wonder whose numbers are off…

sultanp on July 17, 2013 at 2:11 PM