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More Premium Hikes Resulting From Obamacare Add To The Case For Repeal | Missouri Political News Service

More Premium Hikes Resulting From Obamacare Add To The Case For Repeal

January 6th, 2011 by sclemons · No Comments

As the new House Republican majority moves to respond to the message of the American people to repeal and replace President Obama’s massive, unpopular health care law, Americans are once again being reminded of the many broken promises from Democrats about that law. According to the Los Angeles Times, “Another big California health insurer has stunned individual policyholders with huge rate increases — this time it’s Blue Shield of California seeking cumulative hikes of as much as 59% for tens of thousands of customers March 1. . . . San Francisco-based Blue Shield said the increases were the result of fast-rising healthcare costs and other expenses resulting from new healthcare laws.”

Alone, this report shows yet another of the unfortunate consequences of Democrats’ fatally flawed bill. But it’s worth recalling what Democrats said about their health care bill as they were advocating for its passage. In March of last year, President Obama said that if the Democrats’ bill passed, “No longer would [insurance companies] be able to arbitrarily and massively raise premiums like Anthem Blue Cross recently tried to do in California — up to 39 percent increases in one year in the individual market.  Those practices would end.” Speaking on the Senate floor, Senate Majority Whip Dick Durbin (D-IL) said, “With this new law, American families and businesses can have hope that their premiums will not rise as fast as they have been in the past.  The days of 39 percent premium increases, as we have seen in California, will be over once this law is fully implemented.” And Health and Human Services Secretary Kathleen Sebelius went even further last February, claiming, “What will happen with health reform, premiums will go down between 14 percent and 20 percent just by passing the bills.”

Yet just the opposite has happened. Last September, The Wall Street Journal reported, “Health insurers … have asked for premium increases of between 1% and 9% to pay for extra benefits required under the [Democrat health care] law.” In state after state, insurance companies and state insurance regulators have warned of premium increases coming thanks in part to the Democrats’ health care bill.

Politico reports today that House Republicans are beginning the process to repeal and replace this flawed bill. “Republicans reopened their battle against President Barack Obama’s health care law, using the first committee meeting of the new Congress Thursday to eviscerate the overhaul as a ‘job killer’ and a ‘malignant tumor.’ . . . The Rules Committee meeting marked the starting round in the GOP’s bid to repeal the law, a central pillar of the party’s governing manifesto.”



Tags: Healthcare

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