Wednesday, September 08, 2010

Who told you this would happen?

Someone who sounded a lot like me.............

Health insurers say they plan to raise premiums for some Americans as a direct result of the health overhaul in coming weeks, complicating Democrats' efforts to trumpet their signature achievement before the midterm elections.

Aetna Inc., some BlueCross BlueShield plans and other smaller carriers have asked for premium increases of between 1% and 9% to pay for extra benefits required under the law, according to filings with state regulators.

These and other insurers say Congress's landmark refashioning of U.S. health coverage, which passed in March after a brutal fight, is causing them to pass on more costs to consumers than Democrats predicted.

The rate increases largely apply to policies for individuals and small businesses and don't include people covered by a big employer or Medicare.

In many respects, the way the Obamunists economic policies are more nefarious than socialism. See, in socialist economies, the government runs the business and is accountable to it's customers. If the service sucks they hold the government is responsible.

The way the obamunist system work, the state ties the hands of profit making businesses with endless regulation and taxes then makes them the straw man when the consumer starts to bitch.

Then they get to regulate them even more until they ultimately take the whole sector over.

Good luck with that one.

More....

1 comment:

Anonymous said...

Stupid laws of economics! Always having to be obeyed and stuff.