Let's see...my insurance premiums increased by $2400.00 this year courtesy of the changes mandated by ObamaCare. I suppose I can expect another hefty increase in my premiums for next year in order to pay for this mandate. I hope all the USMB cheerleaders for this realize that insurance companies are not going to absorb the cost. They will simply pass it on. Perhaps when your employer decides that they can no longer afford to provide your health insurance, some of you might get a clue. This is just another way for this administration to force increases in private insurance so that a public option will start to seem more attractive.
Just like "energy prices will necessarily skyrocket" in order to advance an agenda, so will health insurance premiums.
"A recent survey of large companies by the National Business Group on Health found that employers estimate their health-care-benefit costs will increase by an average of 8.9% in 2011" In 2010 premiums went up 7%.
Read more: Health-Insurance Changes for 2011
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I think you had better change insurance companies, you're getting taken for a ride.
FYI, insurance premiums have increased by over 120% in the last decade..