Study: Obamacare Could Cause Health Care Premiums to Rise By 55% – 85%…

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Weasel Zippers
9/22/2011

Like Obama continuously said, “if you like your plan you can keep it,” what he left out was you won’t be able to afford it.

(National Underwriter) — The Patient Protection and Affordable Care Act (PPACA) could cut the number of uninsured Ohio residents by 790,000 in 2017, but it also could increase premiums for the 735,000 residents who have individual coverage by more than 55%.

Consultants at Milliman Inc., Seattle, have included those projections in a forecast report prepared for the Ohio Department of Insurance.

The Ohio department commissioned the report to help regulators know what to expect in 2014, when major PPACA provisions are set to kick in, and a few years further along, in 2017.

PPACA opponents are still fighting in the courts and in Congress to block implementation of PPACA…

…Although the percentage of residents with coverage could rise by about 7.9%, the price of individual health insurance coverage might rise about 55% to 85%, excluding the impact of medical inflation, the Milliman consultants predict.

Read the entire article at Weasel Zippers.

At GatewayPundit, The “Giddy” Is Gone… Obamacare Will Raise Rates 55% to 85% in Ohio

The Democratic-media complex was “just giddy” in March of last year to report that their nationalized health care bill would reduce the deficit by $138 billion.

It was a lie. Democrats knew it was a lie

But, they rammed their bill through Congress anyway.

In May of last year the CBO corrected the numbers and said Obamacare will cost taxpayers at least $115 billion more than promised…

…Now there’s this…
Obamacare will jack up premiums 55% to 85%…

 

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