By Tom Quiner
I just got back from insurance agent. Ouch!
We reviewed my health insurance coverage. He said to brace myself for bad news. Health insurance premiums will be increasing in the double digits by the beginning of the year.
The official bad news won’t be released until November.
I may be one of the lucky ones. My agent guesses my premiums will “only” go up by some 14 percent, which is $966 for the year. This is on top of $750 last year and more than $500 the year before.
In some states, like Minnesota, the increases will be more like 50%!
Barack Obama and his party promised Obamacare would lower premiums. You remember the con: he said premiums would drop by $2500 per year for the average family. In reality, it went up more than $2500, and will get dramatically worse next year.
Because of Obamacare and its inefficient, bureaucratic structure, complete with perverse incentives, the American people are once again going to see their lifestyle take a hit.
And it happens during the presidential election cycle! Now, there’s some good news.
We need a serious discussion on healthcare. What do the Republicans offer that can work better? Let’s see Democrats try to defend their debacle.
The American people are going to demand answers.