CBS Panel Baffled by Skyrocketing Obamacare Premiums

Taken aback by the dramatic rise of health care premiums under Obamacare, a CBS panel expressed shock that such a thing could happen even though conservatives predicted exactly this. As Charlie Rose and his fellow panel members discussed the matter, it appeared that at least some of them have begun to wonder if the program isn't everything it's been cracked up to be:

“When Obamacare open enrollment begins in 2017, the cost of mid-level plans will rise by an average of 25 percent in the 39 states served by the federal online exchanges. In addition, major providers like Humana, UnitedHealth, and Aetna have scaled back or dropped out of the Obamacare exchanges, leaving roughly 20 percent of consumers with only one insurer to choose from.

After Charlie Rose read out the report, Norah O’Donnell said, ‘We need a bigger understanding of why this is happening.'

‘We sure do,' Rose said.

‘Because the idea was not only to spread coverage around, but that by spreading the coverage around, not only would it help people get more preventative care, but then it would ultimately bring the costs down, and instead, the premiums are skyrocketing,' O’Donnell said, sounding exasperated.”

Source: Free Beacon



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