Health insurance costs to rise 31% under Obamacare says plan's architect

Rick Moran
"What a shock. Obamacare doesn't lower costs, doesn't increase coverage, and has turned into a wildly unpopular, labyrinthine government overreach." (Rep. Trey Gowdy. R-SC) The Daily Caller has the story of Obamacare's chief architect admitting defeat, telling states that preiums will rise - even with the subsidy for individual insurance - by 31%. 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. "As a consequence of the Affordable Care Act," the president said in September 2010, "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." Gruber's new reports are in direct contrast Obama's words - and with claims Gruber himself made in 2009. Then, the economics professor said that based on figures provided by the independent Congressional Budget Office, "[health care]...(Read Full Post)

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