“Obamacare will double the price of your health insurance.”

By Tom Quiner

“Obamacare will double the price of your health insurance.”

Can you imagine the reaction to that statement if the president uttered those words three years ago BEFORE the ‘Affordable’ Health Care Bill was passed?

The legislation would have been dead in the water.

Instead, it was touted as a bill that would “bend the cost curve” downward.

This morning, I read that the IRS says that by 2016, the CHEAPEST health insurance plan under Obamacare will be $20,000.


Here is what the IRS said:

The annual national average bronze plan premium for a family of 5 (2 adults, 3 children) is $20,000.

That’s the “bronze” plan. Who knows what silver or gold plans cost?

I am paying less than $6000 per year with a high deductible HSA. I have a $5700 deductible, so in a worse-case scenario, I have a $11,700 exposure in any given year. So Obamacare is more than doubling my healthcare costs for a typical year.

Because I have some “skin in the game,” I am a judicious consumer of healthcare. I go to the doctor when I need it, but avoid frivolous trips.

I haven’t maxxed out my deductible until this year, which is an unusual year because I had surgery.

Even with my “junk coverage,” as Obama would characterize it, my premiums have been increasing at close to double-digit rates since the passage of Obamacare. It was just $4500 three years ago.

The cost-curve is accelerating upward, not downward as the president and his party promised.

The IRS suggests it is going to get worse, far worse, when Obamacare fully kicks in.

It would be so much easier if the government would simply get out of the way and let market forces solve the problem.

I read all about these elaborate “insurance exchanges” that the feds are pressuring states to set up to “administer” the health insurance marketplace. How come we don’t need the states to do it for the car insurance marketplace, too? Here’s why: they’ve already done it.

Ever hear of Progressive? They shop prices for you.

Ever hear of Geico? These companies are advertising low price in their television commercials every day of the week, because a competitive marketplace exists.

The health insurance industry has been corrupted by government and the imposition of expensive mandates. Even more, interstate commerce is prohibited for health insurance, unlike auto insurance.

Many people will benefit from Obamacare, because taxpayers will foot the bill for them. The rest of us will be clubbed into buying more coverage than we need (or can afford) at the same time we subsidize thousands of others with their gold-plated “bronze” plans.


  1. Bob Vance on February 2, 2013 at 6:56 am

    “I recently asked my neighbors’ little girl what she wanted to be when she grows up. She said she wanted to be President some day. Both of her parents, who are liberal Democrats, were standing there, so I asked her, ‘If you were President what would be the first thing you would do?’

    She replied, ‘I’d give food and houses to all the homeless people.’

    Her parents beamed with pride.

    ’Wow…what a worthy goal.’ I told her, ‘But you don’t have to wait until you’re President to do that! You can come over to my house and mow the lawn, pull weeds, and sweep my yard, and I’ll pay you $50. Then I’ll take you over to the grocery store where the homeless guy hangs out, and you can give him the $50 to use toward food and a new house.‘

    She thought that over for a few seconds, then she looked me straight in the eye and asked, ’ Why doesn’t the homeless guy come over and do the work, and you can just pay him the $50? ‘

    I said, ‘Welcome to Conservatism.’ Her parents still aren’t speaking to me. “

  2. Bob Vance on February 2, 2013 at 10:45 am

    I thought I would post something we both can agree on for a change. 🙂