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Friday, May 31, 2013

Rate Shock: In California, Obamacare To Increase Individual Health Insurance Premiums By 64-146%

Rate Shock: In California, Obamacare To Increase Individual Health Insurance Premiums By 64-146% - Forbes

Here’s what happened. Last week, Covered California—the name for the state’s Obamacare-compatible insurance exchange—released the rates that Californians will have to pay to enroll in the exchange.
“The rates submitted to Covered California for the 2014 individual market,” the state said in a press release, “ranged from two percent above to 29 percent below the 2013 average premium for small employer plans in California’s most populous regions.”
ObamaCares purpose is to save the absolute socialist failure of Medicare, bailing it out with new taxes, and rationing. This  couldn't happen to a better State, a State  full of Low information voting  Liberals..May the chains that bind them choke them.

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