Friday, February 12, 2016

Those Damnable Rising ObamaCare Costs

A new Congressional Budget Office (CBO) report estimates that private health insurance premiums will continue to balloon over the next decade thanks in large part to Obamacare.

The report states that, over the next 10 years, private health insurance premiums will increase by about 5 percent annually — a rate that outpaces the gross domestic product by 2 percentage points.
By 2025, employment-based coverage (health-care insurance an employer offers) will cost 60 percent more than it does today. For a family, that increase costs to an average of $24,500 per year. For those with an individual plan, health-care costs will increase to cost an average $10,000 per year.
What’s driving these price increases? Obamacare---- http://thefederalist.com/2016/02/12/surprise-health-insurance-costs-to-spike-60-percent-thanks-to-obamacare/

Don't worry about it, folks. By the end of next year this abortion of legislation will die under its own weight.

No comments: