The high cost of Obamacare is even too much for some in the liberal media to ignore. I’m sure they would ignore it if they could, but in this dreadful economy the rising costs of healthcare are certainly newsworthy. Liberals like President Obama and New York Governor Andrew Cuomo are blathering about raising the minimum wage without mentioning that Obamacare puts health insurance out of reach for millions of Americans, while a minimum wage increase will keep even more Americans out of the workforce and unable to purchase health insurance. Welcome to the vicious circle known as progressivism. Everything they try to “fix” they make worse.
Less than a year before Americans will be required to have insurance under President Obama’s healthcare law, many of its backers are growing increasingly anxious that premiums could jump, driven up by the legislation itself.
Higher premiums could undermine a core promise of the Affordable Care Act: to make basic health protections available to all Americans for the first time. Major rate increases also threaten to cause a backlash just as the law is supposed to deliver many key benefits Obama promised when he signed it in 2010.
“The single biggest issue we face now is affordability,” said Jill Zorn, senior program officer at the Universal Health Care Foundation of Connecticut, a consumer advocacy group that championed the new law.
Administration officials have consistently downplayed the specter of rate increases and other disruptions as millions of Americans move into overhauled insurance markets in 2014. They cite provisions in the law that they say will hold down premiums, including new competitive markets they believe will make insurers offer competitive rates.
Exactly how high the premiums may go won’t be known until later this year. But already, officials in states that support the law have sounded warnings that some people — mostly those who are young and do not receive coverage through their work — may see considerably higher prices than expected.
That is because of new requirements in the law aimed at making insurance more comprehensive and more affordable for older, sicker consumers.
Insurance regulators in California, which has enthusiastically embraced the law, cautioned the Obama administration in a recent letter about “rate and market disruption.”
Oregon’s insurance commissioner, another supporter of the law, said new regulations could push up premiums for young customers by as much as 30% next year. He urged administration officials to slow enactment of the new rules.
A leading advocate for consumers in their 20s, Young Invincibles, sounded a similar caution, suggesting in a letter to administration officials that additional steps may be needed to protect young people from rising premiums. Young Invincibles mobilized in 2010 to help pass the healthcare law. (Read More)
All of the people noted above are what the communists used to refer to as “useful idiots.” They may want to familiarize themselves with the term.
Via American Power, where Donald Douglas noted:
It sucks. People are waking up, even if it’s just a little. The push for greater “equality” is destroying not only liberty, but the quality of life for millions of Americans. That’s the price for voting for this f-king amateur politician soaking in communist ideology.
Yep, and even those of us who didn’t vote for it are stuck with it. Isn’t “democracy” great? A system where a majority of uninformed voters think they’re voting for more free stuff, only to find out they screwed not only themselves, but the hosts upon which they feed. and then they do it again. Lord help us.
Update: Linked by The First Street Journal – thanks!