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Obamacare: Jonathan Gruber was warning of premium hikes while Barack Obama was promising savings

November 25, 2014

 obamacare-logo_full It has recently been reported that the most popular Obamacare plans are going to see a rise in their premiums an average of 10%. We all remember Barack Obama running across the nation promising anybody who would listen that his healthcare plan would save the average American family about $2,500. So what happened?

  Apparently nothing that was not expected, at least if you are Obamacare architect Jonathan Gruber, because according to this story he released a report for the state of Wisconsin in 2010 which predicted massive healthcare premium increases.

  Here is more:

Mr. Gruber’s study predicted about 90 percent of individuals without employer-sponsored or public insurance would see their premiums spike by an average of 41 percent. Once tax subsidies were factored in, about 60 percent of those in the individual market were projected to see their premiums go up 31 percent, according to his analysis.

In addition, 53 percent of those insured by companies with fewer than 50 employees, would see their premiums rise by an average of 15 percent even after subsidies, Mr. Gruber forecasted. The report warned such increases could impact small companies’ decision whether to provide health insurance to their workers.

  You can clearly see that he predicted skyrocketing premiums even after the subsidies were factored into the equation. It is true that this report was for one state but does anyone really believe the results would be different if the study was conducted in any or all of the other states?

  Yet at the same time Barack Obama was telling everybody that his plan would save people money. Just another deception and a known untruth at the time of its utterance. Kind of like this one: if you like your plan you can keep your plan…

6 Comments leave one →
  1. bunkerville's avatar
    November 25, 2014 10:41 am

    For “fun” i ran a couple of scenarios while looking at options in my locale if choosing a plan. There was none that had less than a $5000 deductible, even for those getting a subsidy. Essentially one is buying zip unless one has a major illness.

    Liked by 1 person

    • Steve Dennis's avatar
      November 25, 2014 8:19 pm

      Less coverage for more money and this is an improvement? I am in the same boat; we got new healthcare coverage through my employer and while the cost went up so did the deductible.

      Like

  2. Conservatives on Fire's avatar
    November 25, 2014 1:27 pm

    How anyone could believe that creating a huge government bureaucracy was not going to increase cost is beyond me.

    Liked by 1 person

  3. Jessica A Bruno (waybeyondfedup)'s avatar
    Jessica A Bruno (waybeyondfedup) permalink
    November 25, 2014 3:35 pm

    Reblogged this on Jessica A Bruno (waybeyondfedup).

    Liked by 1 person

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