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Will Premiums Increase Under Obamacare?
- By Dominic Lin
- Published 11/30/2010
- Local Politics
- Unrated
Dominic Lin
Saving Our Health Care is the portal site for people who want torepeal obamacare. For more information about repealing obamacare, visit http://www.SavingOurHealthCare.org
http://www.sageapthomes.com
One of the main questions with the Obama health plan is: will insurance premiums increase under Obamacare? Unfortunately, it looks like the answer to this question may be yes.
There have already been noises coming from the health care industry that the largest insurers are getting set to raise rates in order to ensure they have enough money to comply with all of the changes of the Obama health care plan. This may be a bit shocking to some as one of the promises made early on in the reform process was that premiums would not increase. In fact, we were all told they would actually lower significantly.
If this was not bad enough, health care activist groups have been reporting that the big insurance companies will impose the greatest increases on small businesses and individuals who are not covered under a large group plan, or other government plan such as Medicare. These are the very people who were supposed to benefit the most from the overall in the first place.
The lawmakers are now saying that insurers are simply using the new laws as an excuse to raise rates, and are encouraging state enforcement agencies to block large increases. That being said, there is actually very little that can be done about rate increases.
So, where does this leave us? Once again it appears as though government will have to step in and take charge of even more operations that should remain private. Even though the reform was created by government, against the better judgment of many and opposed by the majority of the general public, it seems as though government now has no choice but to get even more involved in the industry. While this may seem like it is being done to further help citizens, it is actually being done in an attempt to keep lawmakers in their current seats for the upcoming term.
As usual, the American people are left bewildered, and are forced to make drastic changes to their own, already stretched, personal budgets in order to pay for ever rising health care costs.
There have already been noises coming from the health care industry that the largest insurers are getting set to raise rates in order to ensure they have enough money to comply with all of the changes of the Obama health care plan. This may be a bit shocking to some as one of the promises made early on in the reform process was that premiums would not increase. In fact, we were all told they would actually lower significantly.
If this was not bad enough, health care activist groups have been reporting that the big insurance companies will impose the greatest increases on small businesses and individuals who are not covered under a large group plan, or other government plan such as Medicare. These are the very people who were supposed to benefit the most from the overall in the first place.
The lawmakers are now saying that insurers are simply using the new laws as an excuse to raise rates, and are encouraging state enforcement agencies to block large increases. That being said, there is actually very little that can be done about rate increases.
So, where does this leave us? Once again it appears as though government will have to step in and take charge of even more operations that should remain private. Even though the reform was created by government, against the better judgment of many and opposed by the majority of the general public, it seems as though government now has no choice but to get even more involved in the industry. While this may seem like it is being done to further help citizens, it is actually being done in an attempt to keep lawmakers in their current seats for the upcoming term.
As usual, the American people are left bewildered, and are forced to make drastic changes to their own, already stretched, personal budgets in order to pay for ever rising health care costs.
