Obama’s Affordable Care Act Looking a Bit Unaffordable – NationalJournal.com.
Republicans have long blamed President Obama’s signature health care initiative for increasing insurance costs, dubbing it the “Unaffordable Care Act.”
Turns out, they might be right.
For the vast majority of Americans, premium prices will be higher in the individual exchange than what they’re currently paying for employer-sponsored benefits, according to a National Journal analysis of new coverage and cost data. Adding even more out-of-pocket expenses to consumers’ monthly insurance bills is a swell in deductibles under the Affordable Care Act.
Once Colorado based insurance company is sticking their current policy holders with HUGE rate increase this year. The result being that many will actually receive a rate reduction when they switch to an Obamacare plan. Unbelievable.
