The “Giddy” Is Gone… Obamacare Will Raise Rates 55% to 85% in Ohio
The Democratic-media complex was “just giddy” in March of last year to report that their nationalized health care bill would reduce the deficit by $138 billion.
It was a lie. Democrats knew it was a lie…
But, they rammed their bill through Congress anyway.
In May of last year the CBO corrected the numbers and said Obamacare will cost taxpayers at least $115 billion more than promised.
Republican Senators point out the deceit in their latest video:
Americans are right to be concerned about our country’s enormous debt, especially given the Congressional Budget Office’s recent announcement that the health care bill will not in fact provide the deficit reductions the president promised. Republicans are committed to addressing Americans’ concerns with fiscally responsible policies that will create jobs, grow the economy, and reduce our nations deficit.
Now there’s this…
Obamacare will jack up premiums 55% to 85%.
Maggie’s Farm reported:
Although the percentage of residents with coverage could rise by about 7.9%, the price of individual health insurance coverage might rise about 55% to 85%, excluding the impact of medical inflation, the Milliman consultants predict.
“This is primarily driven by the estimated health status of the new individual health insurance market and the expansion of covered benefits,” the consultants say.
The new tax credits are supposed to help individuals earning less than 400% of the federal poverty level pay for coverage, but U.S. residents with incomes over 400% of the federal poverty level who are in the individual market would have to pay for the coverage out of their own pockets.
We will likely see similar numbers in other states.