Finding out what’s in it: Seventeen of the nation’s largest healthcare insurance companies now say premiums will rise from 100 to 400 percent under Obamacare.
The key reasons for the surge in premiums include providing wider services than people are now paying for and adding less healthy people to the roles of insured, said the report.
Now ain’t that a surprise? The rates go up when you require insurance companies to provide more services while simultaneously requiring them to insure more sick people! Who wudda thunk it?
Actually, every Republican and conservative in the nation, as well as millions of Americans at townhall meetings in 2010, were screaming these basic facts of reality to the Democrats. They just refused to listen.