Ohio And California See Health Insurance Premiums Rise, Despite Pelosi’s Promise
Remember the good old days of Obamacare, when Democrats could make promise after promise with no accountability?
Well, as ObamaCare is implemented and facts about President Obama’s disastrous healthcare law come to light, it’s becoming much easier to debunk these blatant falsehoods.
Just this morning, Forbes reported that Ohio will see premiums rise by 88 percent thanks to ObamaCare. While last week, they reported California will see rates rise between 64 and 146 percent.
Forbes goes on to explain, in short, the two reasons why ObamaCare is associated with this rapid spike:
“What are the drivers of the increase? According to Milliman, the two biggest drivers are (1) risk pool composition changes, such as forcing the young to subsidize the old, and the healthy to subsidize the sick; and (2) Obamacare’s required expansion of insurance benefits, particularly its mandated reductions in deductibles and co-pays.”
But wait a minute?
I thought just last year, Nancy Pelosi promised everyone’s rates would go down because of ObamaCare.
Don’t worry though. When asked about it last week at her weekly press briefing, Pelosi suddenly had a memory lapse.
Now that Democrats’ rhetoric is finally meeting reality, Americans see that ObamaCare is made up of empty wallets and broken promises.