TUESDAY, SEPTEMBER 14, 2010
The new health care law's mandate are already causing health insurance premiums to rise 3 to 9 percent more than they otherwise would. Its price controls are pushing insurers to abandon the market for child-only coverage and will soon begin rationing care to Medicare patients, partly by driving nearly 1 in 6 hospitals and other providers out of the program. Starting in 2014, when the full law takes effect, things will get really ugly. ObamaCare’s “ individual mandate” will drive premiums even higher – assuming the courts have not declared it unconstitutional, as they should. Because the penalty for violating the mandate is a fraction of those premiums, healthy people will wait until they are sick to buy coverage, driving premiums higher still. This is already happening in Massachusetts, which enacted a nearly identical law in 2006.
<http://www.csmonitor.com/Commentary/Opinion/2010/0914/Should-health-care-reform-be-repealed>
For more information contact, Rosenkilde & Associates at (800) 564-0169
Posted 1:37 PM
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