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Author Topic: "Democrats Admit Obamacare Raises Health Insurance Premiums "  (Read 1515 times)
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WhiskeyGirl
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« on: April 22, 2010, 08:31:03 PM »

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The New York Times is reporting that Senate Democrats are gearing up to pass even more health care legislation intended “fix” their new Obamacare law, one bill in particular that will be aimed at government price “fixing” for health insurance. 

Democrats are just now figuring out what Republicans, Independents, Tea Partiers, GOP members of Congress, the Congressional Budget Office (CBO) and what the chief actuary at the Obama administration’s own Centers for Medicare and Medicaid Services have been telling them all along: Obamacare will cause costs to rise.

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According to the non-partisan CBO, under Obamacare, health insurance premiums were projected to rise by an average $13,100 per family if no bill had passed at all and by $15,200 under the Democrats’ new Obamacare law.  That’s an increase of $2,100.

Obamacare spends over a trillion dollars, increasing taxes by a half-trillion dollars, cutting Medicare by a half-trillion and does not make coverage more affordable. 

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“We need to repeal this bill and replace it with common sense reforms that actually lower health care premiums,” Camp said.

And, no one is addressing welfare/medical tourism.

more here - http://www.humanevents.com/article.php?id=36651

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WhiskeyGirl
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« Reply #1 on: April 22, 2010, 08:33:39 PM »

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"This is a gaping hole in our regulatory system, and it is unacceptable," Senate Health Committee Chairman Tom Harkin (D-Iowa) said Tuesday as he opened a hearing on the proposed change to the healthcare bill, the first since the legislation was enacted.

Responsibility for regulating insurers has traditionally fallen to the states, but insurance commissioners' ability to control rate hikes currently varies widely from state to state. Senior Democrats on Capitol Hill, backed by Senate Majority Leader Harry Reid of Nevada and House Speaker Nancy Pelosi of California, are exploring ways to standardize that authority.

Reid is talking with California Sen. Dianne Feinstein, a leading proponent of the additional regulation, about ways to attach the proposal to a piece of legislation already moving through the Senate, according to a senior Democratic aide on Capitol Hill. That could sidestep expected opposition from Republicans.

Republican lawmakers and insurance industry leaders say the push for more regulation will not address rising medical costs, which many experts say are helping drive up premiums.


"Health plan premiums are a symptom, not a cause of the problem,"
said Karen Ignagni, who heads America's Health Insurance Plans, the industry's Washington-based lobbying arm.

more here - http://articles.latimes.com/2010/apr/21/business/la-fi-health-premiums-20100421
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All my posts are just my humble opinions.  Please take with a grain of salt.  Smile

It doesn't do any good to hate anyone,
they'll end up in your family anyway...
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