But not to worry! The government, using our taxpayer dollars, will be passing out subsidies to offset the increases for low-income Americans. HELLOOOOO! We are ALL gonna be ‘low-income Americans’ by the time this law is completely implemented.
In a report that could prove a big political headache for the administration [ED. NOTE: THIS IS KRAP – THE BS-MEDIA WILL NEVER PUT THIS INFORMATION OUT TO THE SHEEPLE], the Society of Actuaries estimated Tuesday that insurers will have to pay out an average of 32 percent more for claims on individual health policies under the Affordable Care Act, a cost likely to be passed on to consumers.
By 2017, the estimated increase would be 62 percent for California, about 80 percent in Ohio and Wisconsin, more than 20 percent for Florida and 67 percent for Maryland. Much of the reason for the higher claims costs is that sicker people are expected to join the pool, the report said.
Oh – be sure you read THIS that I posted a couple of days ago – instead of motor-voter, we now have vomit-voter! You can register to vote at the same time you apply for Obamacare!