Dire Obamacare Prediction Falls Flat

Just another scare tactic from the Right Wing Book Of Mythology:

http://www.businessweek.com/articles/2014-08-12/dire-obamacare-prediction-falls-hilariously-flat?campaign_id=yhoo

News Buzzard wrote:Just another scare tactic from the Right Wing Book Of Mythology:

http://www.businessweek.com/articles/2014-08-12/dire-obamacare-prediction-falls-hilariously-flat?campaign_id=yhoo

From your link:
Obamacare Premiums Slated to Rise by an Average of 7.5 Percent

Premiums on Obamacare’s health insurance exchanges will rise by an average of 7.5 percent next year, according to a new analysis.

Data compiled by the Health Research Institute (HRI) at PricewaterhouseCoopers found modest changes in premiums for 27 states and the District of Columbia, with the increases mostly falling short of dire predictions for Obamacare’s second year.

The average national increase of 7.5 percent is “well below the double-digit increases many feared,” HRI Managing Director Ceci Connolly wrote in an e-mail.

Only 7.5%???   Modest?? If anything else you paid for went up 7.5%, would you be so cavalier about it, especially if it costs $20K to begin with?

The prior article in the Hill had the premiums going up 100% next year, and prior to the inception of Obamacare it was common to see double digit increases in health insurance rates, and in fact healthcare inflation went up 100% in the 10 years prior to Obamacare, while standard inflation went up approximately 24%. That's what makes a 7.5% increase look so much better. In the end it's the $9 thousand bandaid that's causing our problems, and that's got nothing to do with Obamacare!!