ObamaCare just raised your health care premium by $63Submitted by emalvini on Wed, 12/12/2012 - 04:14
ObamaCare just raised your health care premium by $63
By Mary Katharine Ham
posted at 12:41 pm on December 11, 2012
If you’re a member of the mainstream media, you’re “surprised” by this in the same way that every bad jobs report is “unexpected.”
Among the regulations being rushed out the door by the Department of Health and Human Services 32 months after Obamacare passed is a requirement that every plan in America be subject to a $63 fee. That $63 is part of a fund to subsidize people with pre-existing conditions, who are more expensive to cover but whose costs must be transferred to healthier individuals in the new system.
Reporting suggests the costs could hit 190 million health care plans held by individuals or provided by employers. The AP: