Well, take a deep breath and get ready to lace up those jumping shoes anyway! Yesterday, HHS Secretary Kathleen Sebelius made a stunning admission to reporters:
— Bill Murphy (@billmurphy) March 27, 2013
According to a recent report by the Society of Actuaries, the cost of insurance claims could rise by an average of 32 percent for individual, self-purchased plans over the next few years:
Report from actuaries: Obamacare to raise health costs 32%. White House response: yeah, whatever.
— Brendan Buck (@BrendanBuck) March 27, 2013
— Grace-Marie Turner (@gracemarietweet) March 27, 2013
— Poor Richard (@poor_richard) March 27, 2013
Many Americans who kept their heads out of the sand saw this coming, but they are nevertheless disgusted by the degree to which Obamacare is robbing them, whether they’re covered under group or individual policies:
Guh, obamacare about to raise my insurance premium 32%…
— Timbo (@timgodfrey7) March 27, 2013
A 64-oz soda costs $0.79. A 20-oz bottle of water costs $1.39. In a related story, my health insurance premium increased 20% last month.
— Gino Bona (@GinoBona) March 27, 2013
@Theblacksphere my individual insurance premium is up to $580 mo. ($30 increase) plus my deductible went from $500 to $2500!
— Martha M (@MooChirp) March 26, 2013
@askgeorge I'm in CA.so why has my health care premium increased 3 times over the last 3 years. This year +$200/month not "Affordable"
— KJHobs (@Kjhobbs1985) March 23, 2013
I sense the ACA is rapidly becoming the UnaffordableCA. Just got word my individual health insurance premium will increase ~30%.
— Jocko Botzki (@ibjbotzki) March 27, 2013
— Renee (@ReneeJordan2002) March 26, 2013
Benefit enrollment time! So…my paycheck went down 4%. My health care costs went up 500%. Stick ur daggone Hope & Change where…
— MomsUnite (@gullsnest) March 21, 2013
@slmiller222 And I am a single mother, living in Texas. 268 a pay check is STUPID if he is calling this "affordable health care act"
— ♥ Jessica ♥ (@jesssizzle29) March 22, 2013
Hey Donna Brazile, are you getting this yet?
— Boyer (@ajboyer24) March 26, 2013
Editor’s note: This post has been amended to reflect that the SOA report was based on the costs of individual health insurance plans, and not employer-provided plans. It’s clear that costs are on the rise for many policyholders, but it is important to note the distinction.