GET READY FOR OBAMACARE PREMIUM DEFAULTS...

Exchanges Coerce Families Living Paycheck To Paycheck to Enroll in Unaffordable Plans

By Betsy McCaughey

Last week, the Society of Actuaries warned about sticker shock ahead for individuals and families buying health insurance.

How did the White House respond? In its usual Orwellian fashion, saying “healthcare costs are falling thanks to the reform law.” Falling is correct only if you’re standing on your head.

President Obama repeatedly promised that insurance exchanges will save families up to $2,300 a year. He couldn’t possibly have believed it. From day one, it was obvious the law would push up premiums. That’s because it requires insurers to cover services rarely covered in the past, puts sick people in the same risk pool with the healthy, and slaps insurers with $100 billion in taxes to pass along to consumers

Read more: www.spectator.org/archives/2013/04/04/get-ready-for-obamacare-premiu