OK, OK, so I am watching twitter, and so is Sen. Orrin Hatch, who in a tweet says that this article (click) proves that “Obamacare” is causing higher insurance premiums.
Funny thing: Read the article and it says that insurance premiums are up 9 percent, but only attributes 1 of that to “Obamacare” and the White House even disputes that. A larger chunk of the hike – Sen. Hatch, try reading the articles before you forward them around — is because insurers are raising rates now in anticipation of the economy improving and more people being able to afford the co-pays to get medical care done.
Got that? We’re cutting back on care now because we’re poor and insurers are raising our rates anyway because we may need more medical care later — and we probably will, and it will probably cost more because we’re not getting it done now when it might be cheaper.
But all Hatch can see is the evil obamacare.
ps: quote from actual insurance company representative who does mention preventive benefits for 21-26 year olds under new health law. So I suppose healthier young people is a bad thing, eh? But look at all the stuff she also mentions (conveniently leaving out the use-anticipation part that Kaiser discusses):
Contributing to the rise in premiums are escalating prices for medical products and services, fewer young and healthy people in the insurance pool and new preventive benefits under the health overhaul, said Karen Ignagni, the chief executive officer of the Washington-based America’s Health Insurance Plans, said in a statement.