New study shows healthcare premiums surging due to Obamacare

A new study has been released which shows that healthcare premiums are rising due to Obamacare:

Americans have recently been hit with some of the largest premium increases in years, according to a Morgan Stanley survey of insurance brokers.

The investment bank’s April survey of 148 brokers found that this quarter, the average premium increase for customers renewing an insurance plan is 12 percent in the small group market and 11 percent in the individual market, according to Forbes’ Scott Gottlieb.

The hikes — the largest in the past three years, according to Morgan Stanley’s quarterly reports — are “largely due to changes under the [Affordable Care Act],” analysts concluded. Rates have been growing increasingly fast throughout all of 2013, after a period of drops in 2012.

While insurers were hiking premiums since 2012 by smaller amounts, the lead-up to the Obamacare’s launch has seen the average rate at which premiums are growing fourfold.

Morgan Stanley’s results echo what consumers are already seeing: the Affordable Care Act’s intensive regulation of the insurance market is driving health care premiums up strikingly.

  In my opinion this is mostly due to the mandated coverage included in the Obamacare regulations which give consumers less options to purchase cheaper plans, thereby inflating the costs of healthcare for many people who are forced to pay for certain coverage they do not need. Mover coverage necessitates higher premiums.

 For instance, a young childless male now has to purchase healthcare coverage which includes pediatric care which we will not need, and the list goes on and on.

  If I am not mistaken Barack Obama promised that if Obamacare was passed the average American would see their healthcare premiums drop by $2,500, hence the name ‘The Affordable Care Act,” but that is clearly not the case if this report is true.

  I believe the Obama regime will defend this in much the same manner in which it defended the stimulus act by claiming that while insurance premiums have increased they would have increased by an additional $2,500 if Obamcare was not enacted. Of course there is no way to prove this if this is indeed what the Obama regime uses for a defense.