Americans have recently been hit with some of the largest premium increases in years, according to a Morgan Stanley survey of insurance brokers.I'm shocked. Shocked, I tell you.
The investment bank’s April survey of 148 brokers found that this quarter, the average premium increase for customers renewing an insurance plan is 12 percent in the small group market and 11 percent in the individual market, according to Forbes’ Scott Gottlieb.
The hikes — the largest in the past three years, according to Morgan Stanley’s quarterly reports — are “largely due to changes under the [Affordable Care Act],” analysts concluded. Rates have been growing increasingly fast throughout all of 2013, after a period of drops in 2012.
The administration is exaggerating the hosannas of Obamacare? Again, I'm shocked!
A major new Gallup survey suggests the ObamaCare sign-up numbers are not as soaring as the White House claims.Even Gallup's numbers are suspicious, though:
Gallup has a fairly honest headline: “In U.S., Uninsured Rate Lowest Since 2008″. But, hm, what happened in 2008...If it's so great, why did they have to lie to the public to get what support they got, pass it without a single Republican vote, and continue to lie and dissemble now that it's law?
Since Obama was inaugurated in
20082009, the net change is from 15.4 percent uninsured to 15.6 percent. So the net effect has been that by the Gallup Survey the number of uninsured has improved in the last year, but gotten worse since Obama was inaugurated, and is 1.2 percent worse than under Bush.
Answer: because socialism doesn't work--except for the people in charge.