Tuesday, May 26, 2015

I'm Not Shocked (Obamacare edition)

Obamacare sticker shock:
UNEXPECTEDLY! Sticker Shock for Some Obamacare Customers. “So the proposed 2016 Obamacare rates have been filed in many states, and in many states, the numbers are eye-popping. Market leaders are requesting double-digit increases in a lot of places. Some of the biggest are really double-digit: 51 percent in New Mexico, 36 percent in Tennessee, 30 percent in Maryland, 25 percent in Oregon. The reason? They say that with a full year of claims data under their belt for the first time since Obamacare went into effect, they’re finding the insurance pool was considerably older and sicker than expected.”

Gee, that’s bad luck.
Sure is.

1 comment:

maxutils said...

I'll state it again: that's what happens whn you don't follow the basics of economics. Someday, Darren, you will cite enough of those economic example which go absolutely hand in hand with economic theory, and you will believe me when I use the same theory to prove that unions are good and minimum wage is bad (I know I have half, already.)