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October 30, 2013

NBC: Small Business Owner's Premiums Increase By 400% Under Obamacare (Video)

Topics: Political News and commentaries

We keep hearing about the problems with the Obamacare website, but eventually those are fixable. The real problems with Obamacare have only just begun ... people keep reminding us we're seeing just "the tip of the iceberg."

From The Washington Free Beacon:

NBC's Lisa Myers profiled several people who are receiving health plan cancellation letters due to Obamacare Tuesday.

For example, George Schwab of North Carolina, said he was "perfectly happy" with his plan from Blue Cross Blue Shield, which also insured his wife for a $228 monthly premium. But this past September, he was surprised to receive a letter saying his policy was no longer available.

The "comparable" plan the insurance company offered him carried a $1,208 monthly premium and a $5,500 deductible. And the best option he's found on the exchange so far offered a 415 percent jump in premium, to $948 a month.

"The deductible is less," he said, "But the plan doesn't meet my needs. Its unaffordable."

"I'm sitting here looking at this, thinking we ought to just pay the fine and just get insurance when we're sick," Schwab added. "Everybody's worried about whether the website works or not, but that's fixable. That's just the tip of the iceberg. This stuff isn't fixable."

As for just how incompetent the Obama administration has been in launching the Obamacare exchange site, Americans should keep in mind that NASA managed to coordinate hundreds of contractors on space exploration, and completed the Mercury project and moved into the Gemini project in the same period of time CMS and HHS have had to launch a website ... which is certain to prove to be the very least of the problems with the healthcare law.

And we haven't even gotten to that Obamacare math which simply doesn't add up.

Undoubtedly, common sense fixes are possible, but since when have the Dems been interested in exercising common sense over ideology!

Posted by Hyscience at October 30, 2013 12:36 PM

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