We all fondly recall President Obama's pledge that rates would decrease 3000%, right?
Well - and you may want to sit down for this - turns out that he may have fudged just a teensy, tiny bit.
And by "teensy, tiny bit" we mean, well:
"Marilyn Tavenner, the president and CEO of America’s Health Insurance Plans (AHIP), said ... that the culmination of market shifts and rising health care costs will force stark increases in health insurance rates in the coming year."
On the one hand, Ms T has her own issues. On the other, it's not as if there's insufficient 3rd party evidence to support her contention. The reality is that the ObamaTax is unsustainable, and that we're in for devastating premium increases for the foreseeable future.
Despite President O's promises.
[Hat Tip: FoIB Jeff M]
Well - and you may want to sit down for this - turns out that he may have fudged just a teensy, tiny bit.
And by "teensy, tiny bit" we mean, well:
"Marilyn Tavenner, the president and CEO of America’s Health Insurance Plans (AHIP), said ... that the culmination of market shifts and rising health care costs will force stark increases in health insurance rates in the coming year."
On the one hand, Ms T has her own issues. On the other, it's not as if there's insufficient 3rd party evidence to support her contention. The reality is that the ObamaTax is unsustainable, and that we're in for devastating premium increases for the foreseeable future.
Despite President O's promises.
[Hat Tip: FoIB Jeff M]
from InsureBlog http://ift.tt/1T9dvG7
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