Mitt Romney was right. Www.parkfamilyinsurance.com – (hint, hint, my day job) was right. IN 17 years of doing insurance, Government interference has been the number one cause of instability.
And, it continues:
Earlier This Month, The Obama Administration Finalized Rules Pushing The ObamaCare 2015 Enrollment Period Past This Year’s Midterms. “The new rules also formalize a delay in next year’s open-enrollment window and extend that window by a month. Enrollment will begin Nov. 15 and run through Feb. 15.” (Sam Baker, “Another ObamaCare Delay,” National Journal, 3/5/14)
- The Obama Administration Has Sought To Keep The Cost Of Premiums From The Public Until After The Election.“The delays push the beginning of the enrollment window—when people will get a look at their premiums—past the November midterms, and the extended window gives the administration more time to try to bring in more people.” (Sam Baker, “Another ObamaCare Delay,” National Journal, 3/5/14)
According To Health Industry Experts, The Affordable Care Act Is Shaping Up To Be The Unaffordable Care Act
The Hill’s Headline: “O-Care Premiums About To Skyrocket.”(Elise Viebeck, “O-Care Premiums About To Skyrocket,” The Hill’s Health Watch, 3/19/14)
Health Industry Officials Expect “ObamaCare-Related Premiums” To Double Across The Country Before The 2015 Enrollment Period. “Health industry officials say ObamaCare-related premiums will double in some parts of the country, countering claims recently made by the administration. The expected rate hikes will be announced in the coming months amid an intense election year, when control of the Senate is up for grabs. The sticker shock would likely bolster the GOP’s prospects in November and hamper ObamaCare insurance enrollment efforts in 2015.” (Elise Viebeck, “O-Care Premiums About To Skyrocket,” The Hill’s Health Watch, 3/19/14)
According To An Insurance Official, ObamaCare “Is Going To Lead To Higher Costs.” “‘It’s pretty shortsighted because I think everybody knows that the way the exchange has rolled out … is going to lead to higher costs,’ said one senior insurance executive who requested anonymity.”(Elise Viebeck, “O-Care Premiums About To Skyrocket,” The Hill’s Health Watch, 3/19/14)
- The Official Expects Rates At His Company To Triple On The ObamaCare Exchange. “The insurance official, who hails from a populous swing state, said his company expects to triple its rates next year on the ObamaCare exchange.” (Elise Viebeck, “O-Care Premiums About To Skyrocket,” The Hill’s Health Watch, 3/19/14)
Bill Hoagland, Sr. Vice President At The Bipartisan Policy Center: “These [Premium] Increases Will Be Significant.” “‘My gut tells me that, for some people, these increases will be significant,’ said Bill Hoagland, a former executive at Cigna and current senior vice president at the Bipartisan Policy Center.” (Elise Viebeck, “O-Care Premiums About To Skyrocket,” The Hill’s Health Watch, 3/19/14)
- In Iowa, “Rates Are Expected To Rise 100 Percent” On The ObamaCare Exchange While Employer Sponsored Coverage Rates Are Set To Double. “In Iowa, which hosts the first presidential caucus in the nation and has a competitive Senate race this year, rates are expected to rise 100 percent on the exchange and by double digits on the larger, employer-based market, according to a recent article in the Business Record.”(Elise Viebeck, “O-Care Premiums About To Skyrocket,” The Hill’s Health Watch, 3/19/14)
Instead Of Helping, Obama’s ObamaCare Delays Will Trigger The Spikes In Costs. “But insurance officials are quick to emphasize that any spikes would be a consequence of delays and changes in ObamaCare’s rollout.”(Elise Viebeck, “O-Care Premiums About To Skyrocket,” The Hill’s Health Watch, 3/19/14)