Today she’s lying about the future cost.
…Health and Human Services (HHS) Secretary Kathleen Sebelius sought to downplay concerns about rising premiums in the healthcare sector. She told lawmakers rates would increase in 2015 but grow more slowly than in the past.
“The increases are far less significant than what they were prior to the Affordable Care Act,” the secretary said in testimony before the House Ways and Means Committee.
So the woman who can’t tell us how many people have actually paid for their health insurance, the woman who was part of the cabal who told us we could keep our insurance if we liked it and we could keep our doctor if we liked our doctor is now telling us that there will be increases in ObamaCare next year but they won’t be significant.
From the same article in The Hill, Sebelius comments apparently caught insurance company officials off guard.
Health industry officials say ObamaCare-related premiums will double in some parts of the country, countering claims recently made by the administration.
The expected rate hikes will be announced in the coming months amid an intense election year, when control of the Senate is up for grabs. The sticker shock would likely bolster the GOP’s prospects in November and hamper ObamaCare insurance enrollment efforts in 2015.
Here’s the reality, and please note that reality is going to hit next fall when state insurance commissioners release their new approved rates. Just before the mid-term elections.
Her comment baffled insurance officials, who said it runs counter to the industry’s consensus about next year.
“It’s pretty shortsighted because I think everybody knows that the way the exchange has rolled out … is going to lead to higher costs,” said one senior insurance executive who requested anonymity.
The insurance official, who hails from a populous swing state, said his company expects to triple its rates next year on the ObamaCare exchange.
The hikes are expected to vary substantially by region, state and carrier.
Areas of the country with older, sicker or smaller populations are likely to be hit hardest…
…most important, insurers have been disappointed that young people only make up about one-quarter of the enrollees in plans through the insurance exchanges, according to public figures that were released earlier this year. That ratio might change in the weeks ahead because the administration anticipates many more people in their 20s and 30s will sign up close to the March 31 enrollment deadline. Many insurers, however, don’t share that optimism.
These factors will have the unintended consequence of raising rates, sources said.
“Unintended consequence” will be chipped on Barack Obama’s tombstone. Have you ever noticed that unintended happenings NEVER seem to reduce the cost or improve the service? Could that possibly be because the people who set the expectations are doing it with a smoke & mirrors machine?
The bottom line for the administration, and Democrats in general, is that the President’s unilateral moves to delay ObamaCare to take the heat off the launch may well turn a “tide election” in November into a “tsunami election”. As an example, Iowa has a competitive Senate race this year replacing a retiring Democrat. Iowa’s health insurance rates are expected to go up 100%.
As Secretary Sebelius said, no significant increases.
We think she was talking about membership in the Democratic House and Senate caucuses.
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