HHS Admits Obamacare Will Raise Premiums

screwedObamacare WILL raise premiums. Most of us have known that for years, but now HHS Secretary Sebelius is finally willing to admit that health insurance premiums WILL be higher as a direct result of Obamacare.

(HHS Secretary Sebelius) remarks are among the first direct statements from federal officials that people who have skimpy health plans right now could face higher premiums for plans that are more generous. She noted that the law requires plans to provide better benefits (which are MORE EXPENSIVE) and treat all customers equally regardless of their medical claims.

“These folks will be moving into a really fully insured product for the first time, and so there may be a higher cost associated with getting into that market,” she said. “But we feel pretty strongly that with subsidies available to a lot of that population that they are really going to see much better benefit for the money that they’re spending.

Human Events

Obamacare requires “better benefits”.

Define better.

Is paying an insurance company a higher premium to cover a portion of a routine medical bill that most can pay out of pocket a “better benefit”? Would you be willing to pay your car insurance carrier a higher premium in order to have “better benefits” that cover the cost of oil changes, wiper blades, car washes and a fill up at the gas station?

And what about this “treat all customers equally regardless of medical claims”?

Do you think someone with damaged credit should be entitled to the same interest rate on a loan as someone who pays their bills in full on a timely basis? Should a person with a history of moving traffic violations pay the same car insurance rate as someone who has never had an accident or moving violation?

If you have no problem with these suggestions, then you won’t mind one bit that Obamacare will raise premiums on your health insurance by 100% or more?

We now live in an era when life is only fair if everyone pays their “fair share” so when your premiums go up due to Obamacare you have no right to complain . . . even if you can no longer afford to buy health insurance.

So what about these subsidies that are supposed to make your health insurance more affordable?

Do you believe it is OK to raise taxes on medical devices, pharmaceutical drugs and rich benefit plans (such as those MANDATED by Obamacare) is fair just so a chosen few can pay less for their health insurance? You do understand that these costs will be passed on to consumers in the form of higher prices and higher health insurance premiums?

Are you still OK with this grand scheme?

Is it OK for employers to lay off workers, reduce hours and drop health insurance plans because Obamacare will raise premiums on employers who want to provide a benefit?

How many people have to lose their job or work fewer hours just so you can have a new Obamacare health insurance plan?

Don’t worry, folks, ObamaCare is blowing premiums through the roof, but there will be subsidies available for lower-income Americans!  That means the rest of us will get screwed twice – once when we pay our higher insurance premiums, then again when we pay for all those lovely subsidies.

On the political front, Obama’s cherished young voters are getting rooked, but luckily they tend to be low-information types who don’t hold him accountable for anything – they keep saying jobs and economic growth are their top concern, but they voted to re-elect him, didn’t they?

There is a price to be paid for failing to be an informed citizen.

Obamacare WILL raise premiums. The administration is FINALLY admitting it, and the people who voted for this guy will pay for their foolishness.

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