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Old 09-10-10, 06:24 PM   #1
The Third Man
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Obama care raises prices.

http://www.theatlantic.com/business/...to-blame/62649

Quote:
....Democrats front-loaded the legislation with early provisions they hoped would boost public support.

http://www.nytimes.com/2010/02/19/bu.../19insure.html

Quote:
The health and human services secretary, Kathleen Sebelius, recently pounced on WellPoint’s Anthem Blue Cross unit for wanting to raise premiums as much as 39 percent in California, and on Thursday she issued a scathing report detailing double-digit increases sought by other insurers last year and so far this year.
U.S. Rebukes Health Insurers

http://online.wsj.com/article/SB1000...EYWORDS=health

"It's a basic law of economics that additional benefits incur additional costs, and the impact on premiums depends on the type and amount of coverage policyholders had before."
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