1:54 am - Thursday January 19, 2017

Shocked face: Health insurers warn premiums could ‘increase sharply’

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http://twitter.com/#!/kesgardner/status/314951191870193665

THIS is breaking news WSJ? “Health insurers say premiums could increase sharply because of the health-care overhaul law.” #NoShitSherlock

— matt haze (@MattHaze) March 22, 2013

Health Insurers Warn Premiums Could ‘Rise Sharply’… drudge.tw/14gNJLE

— DRUDGE REPORT (@DRUDGE_REPORT) March 22, 2013

The Wall Street Journal reports on the gulf between the Obama administration’s rosy portrayal of Obamacare and what health insurers predict will actually happen:

Health insurers are privately warning brokers that premiums for many individuals and small businesses could increase sharply next year because of the health-care overhaul law, with the nation’s biggest firm projecting that rates could more than double for some consumers buying their own plans.

. . .

The projected increases are at odds with what the Obama Administration says consumers should be expecting overall in terms of cost. The Department of Health and Human Services says that the law will “make health-care coverage more affordable and accessible,” pointing to a 2009 analysis by the Congressional Budget Office that says average individual premiums, on an apples-to-apples basis, would be lower.

But..but, wait!I thought the premiums were supposed to go down! ==> Health Insurers Warn on Premiums on.wsj.com/10pQG92 via @wsj

— Keith Bliss (@KBGunner1) March 22, 2013

If you like your health plan you can keep it…as long as you’re willing to pay 116% more for it.on.wsj.com/164ShCV

— James Freeman (@FreemanWSJ) March 22, 2013

Wait … insurers say rate could “more than double” for some consumers? Who could have possibly seen that coming?

If only we could have seen this coming.“@drudge_report Health Insurers Warn Premiums Could ‘Rise Sharply’… drudge.tw/14gNJLE

— Jim Mutter (@JimMutter) March 22, 2013

Is anyone surprised?? “@drudge_report: Health Insurers Warn Premiums Could ‘Rise Sharply’… drudge.tw/14gNJLE

— Christine Patrick (@SVCardFan) March 22, 2013

SURPRISE! Told ya so, but ya voted this unread bill in anyway/Health Insurers Warn on Premiums increase online.wsj.com/article/SB1000…

— Ladydi (@ladydiquickwit) March 22, 2013

Who’d a thunk!? RT @drudge_report: Health Insurers Warn Premiums Could ‘Rise Sharply’… drudge.tw/14gNJLE

— Shoebox (@Shoeboxnre) March 22, 2013

I thought it was the “Affordable Care Act”? Health Insurers Warn Premiums Could ‘Rise Sharply’… drudge.tw/14gNJLE

— John Slaughenhaupt (@slaugdawg) March 22, 2013

Related:

Ted Cruz: Has the cost of your health insurance increased? Citizens: My premium skyrocketed

Balanced approach: Health insurance premiums skyrocket as payroll taxes climb

Ho-ho-hope and change: Health insurance premiums skyrocket just in time for Christmas

Funniest tweet of the day: Donna Brazile has ‘no good answer’ to explain ‘why my premium jumped up’

Bless her heart: Donna Brazile blames ‘price gauging’ not Obamacare for rising premiums

You can keep your plan … if you pay way more; FSA cap cut, ‘my health insurance premium at work going up’
Binders full of moochers thank Obama for ‘free’ birth control; Non-deluded angry they are paying more

Read more: http://twitchy.com/2013/03/22/put-on-your-shocked-face-health-insurance-companies-warn-premiums-could-increase-sharply/

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