Medical premiums on the rise - per architect of Obamacare

Oops...

Medical insurance premiums in the United States are on the rise, the chief architect of President Barack Obama’s health care overhaul has told The Daily Caller.

Massachusetts Institute of Technology economist Jonathan Gruber, who also devised former Massachusetts Gov. Mitt Romney’s statewide health care reforms, is backtracking on an analysis he provided the White House in support of the 2010 Affordable Care Act, informing officials in three states that the price of insurance premiums will dramatically increase under the reforms.

In 2011, officials in Wisconsin, Minnesota and Colorado ordered reports from Gruber which offer a drastically different portrait in 2012 from the one Obama painted just 17 months ago.

“It is true that even after tax credits some individuals are ‘losers,’” he conceded, “in that they pay more than before [Obama's] reform.”

In an email to The Daily Caller, Gruber framed this new reality in terms of the same human self-interest that some conservatives had warned in 2010 would ultimately rule the marketplace.[/i]

Read more: http://dailycaller.com/2012/02/11/obama ... z1mIiIYCQG

If anyone can remember back to ancient history (2010) President Obama said “As a consequence of the Affordable Care Act, premiums are going to be lower than they would be otherwise; health care costs overall are going to be lower than they would be otherwise.” Did ANY of you really believe that?[/i]

The new healthcare system has me confused. I am not sure what is getting done by the government really.

This administration creates uncertainty more than anything else.

This is awful....medical insurance premiums never went up before these reforms.....did they?

Mine was +33% this year. And that is before all the free stuff kicks in! Whoopeee!

Before I was eligible for Medicare my BC/BS policy went up that much every year....and I couldn't shop around for a new policy because of pre-existing conditions. We need single payer healthcare. Insurance companies have a license to steal IMO.

archer wrote: This is awful....medical insurance premiums never went up before these reforms.....did they?

President Obama said “As a consequence of the Affordable Care Act, premiums are going to be lower than they would be otherwise; health care costs overall are going to be lower than they would be otherwise.”

He lied... period. Oh I know... "and a President has never lied before"?

Please show your evidence that premiums would be less without the reforms. Obama did not say premiums would fall, only that they would be lower than they would be otherwise
Poor Joe,s premiums might have gone up 40% without reform. Has the reform that requires the insurance companies to spend a set percentage on patient care gone into effect yet?

archer wrote: Please show your evidence that premiums would be less without the reforms. Obama did not say premiums would fall, only that they would be lower than they would be otherwise
Poor Joe,s premiums might have gone up 40% without reform. Has the reform that requires the insurance companies to spend a set percentage on patient care gone into effect yet?

Then let's see what the OBM said back then... "Then, the economics professor said that based on figures provided by the independent Congressional Budget Office, “[health care] reform will significantly reduce, not increase, non-group premiums.” Here's some more "otherwise"... “After the application of tax subsidies, 59 percent of the individual market will experience an average premium increase of 31 percent,” Gruber reported.

All the spin in the world is not going to make this any better.

And that's just the tip of the iceberg.....the plans to dramatically increase government spending are in place....supposedly to help spur on the economy. WHEN HAS THAT EVER WORKED?