A couple of days ago I highlighted the President’s oft-repeated promise that Obamacare would reduce annual health insurance premiums by $2,500 for the average family.
For anyone out there who actually believed that BS, I recommend this interview with Aetna’s CEO, Ron Williams. When asked if insurance premiums will go up, he provided this unequivocal response:
The answer is yes.
And what will cause premiums to go up?
Significant additional taxes the industry will ultimately have to pay in the first year.
In other words, Obamacare imposes a whole menu of new (and immediately effective) taxes that will produce HIGHER insurance premiums instead of the lower ones promised by the President.
What about Obama’s promise that people with good insurance wouldn’t need to worry about unwanted or uncecessary changes? Sorry, Williams has some bad news on that front as well:
Things will change. You might not have a plan that includes the exact same doctors. You might … pay more for benefits you may or may not want.
These benefits you “may or may not want” will derive from Obamacare’s coverage mandates. All health plans will now be required to provide government-mandated benefits.
This means that there will be a one-size-fits-all benefit package that will include such things as maternity coverage for single males and hair pieces for folks who aren’t bald.
For more details on the idiocy of benefit mandates, read my piece in the American Spectator. But the bottom line here is that they jack your health insurance premiums up.
So, at a time when Americans are very concerned about the high cost of health care, the President and his congressional accomplices have rammed through a “reform” bill that makes the problem worse.
That’s a change you WILL believe in, like it or not.
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