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Obamacare adviser warned of premium increases as Obama vowed savings
Aaaaand from the gift that keeps on giving, this time reported by the Washington Times:
Predicted massive health insurance cost increases for Wisconsin residents in 2010 report.
While
President B.O.
campaigned on a promise that his universal health care plan would lower premiums, his controversial adviser and plan architect was privately warning the state of Wisconsin that
Obamacare
... aka the Affordable Care Act, an ineptly designed and worse executed piece of legislation designed to bring 17 percent of the U.S. economy under the direct control of the government. The previous iteration, known as Hillarycare, was laughed out of Washington. This stinker was passed on a party-line vote without being read...
was poised to massively increase insurance costs for average residents, internal documents show.
Jonathan Gruber, the MIT economist currently under fire for suggesting the
B.O. regime
tried to deceive the public about the Affordable Care Act, was hired by former Democratic Wisconsin Gov. Jim Doyle in 2010 to conduct an analysis on how the federal health-care reform would impact the state.
Mr. Gruber's study predicted about 90 percent of individuals without employer-sponsored or public insurance would see their premiums spike by an average of 41 percent. Once tax subsidies were factored in, about 60 percent of those in the individual market were projected to see their premiums go up 31 percent, according to his analysis.
In addition, 53 percent of those insured by companies with fewer than 50 employees, would see their premiums rise by an average of 15 percent even after subsidies, Mr. Gruber forecasted. The report warned such increases could impact small companies' decision whether to provide health insurance to their workers.
Posted by: trailing wife 2014-11-26
http://www.rantburg.com/poparticle.php?ID=405008
