But it won’t exempt you, the American Taxpayer.
From my local paper, The Sacramento Bee:
Viewpoints: Brace for much higher health insurance premiums
by Stephen Parente
California, buckle up. Over the next few months, you’ll learn how much your health insurance premiums will go up for next year. The early evidence isn’t good – the percentage increase could be in the double digits.
But that’s nothing compared to what you’ll face in 2017. In May, I released a comprehensive study showing how the Affordable Care Act – otherwise known as Obamacare – will likely play out over the next few years. The diagnosis isn’t good.
First, the short version. In two years, the ACA’s structural problems will lead to substantial premium increases. Once that happens, Californians will likely leave the insurance market in droves. They’ll have little choice; they won’t be able to afford health insurance because federal subsidies won’t keep up with the rapid price increases. Within a decade, this could swell the ranks of the uninsured by nearly 11 percent.
Ladies and gentlemen, this article isn’t coming from a “TEA Party” member but instead from a Bee writer — the newspaper itself being of a Leftist/Demorat bent. That in itself is called a very large clue.
Please read the rest of the post, then read this incredibly important last paragraph, you sniveling sycophants of Barack Hussein’s ObakaKare:
Think of what this means for the Affordable Care Act. Its architects promised that it would make health care cheaper while providing universal health care. Instead, it will make health care unaffordable for many while leaving more Californians uninsured. This health care cure may be worse than the disease.
And this, folks, by an author who is a professor of health finance.
BZ
