OBAMACARE: INSURANCE RATES TO SPIKE A HIGH FEVER
Like many conservatives and liberty-minded Americans have long assumed, President Barack Obama’s Affordable Care Act (ACA), widely known as Obamacare, is truly not affordable. According to a report by the House of Representative’s Energy and Commerce Committee, insurance rates will grow an average of 100 percent to as much as 400 percent.
The report requested rate information from 17 insurance companies including heavyweights like Blue Cross Blue Shield and the Kaiser Foundation.
A North Carolina family saw their BCBS insurance deductible increase to $1500 per person for each (7) family members last month. The father told Benswann.com, “we simply cannot afford this. We are now forced to sell our home because we cannot afford this increase.”