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No kidding? This is exactly what the Obama administration and their socialist cohorts want. Employers will look at the options, and all of them will slowly come to the realization health care benefits cost money and since the federal government is going to cover everyone, why be involved at all?
A major argument of those in favor of Obamacare is that it will stop cost shifting. The theory goes something like this…because so many people are not paying for medical care, health care providers make up that loss by increasing their prices, insurance companies pay those higher prices, and pass those higher prices on to their…
No kidding? Although higher health care insurance premiums are mostly the result of higher costs at the provider level, AARP – who endorsed the Democrat’s health care legislation – admits part of the new premium increases are the direct result of Obamacare. On top of that, they are increasing deductibles and co-pays specifically to avoid…
As a companion piece to my health care trade-offs post more than two weeks ago, The Wall Street Journal has another article today discussing the premium increases that are starting to hit businesses now that the legislation is law, and open enrollment season is around the corner.
The attacks on insurance companies continue this morning, with Matt Drudge linking to the “Healthcare overhaul won’t stop premium increases” story at the Lost Angeles Times. Not once – not once – does the Times look into why the premiums are increasing.
Read the headline again. Then, think about the written and spoken attacks on health care insurance companies from Congress, pundits and directly from the president. This industry is a convenient and popular target for the left, just like oil and banking firms with their $3 gas and $2 ATM fees.