“Most insurance companies notify their customers months before the rate increase takes effect. So I suspect that people will know before election day in November that their premiums will be going up on January 1.”
I honestly can’t remember when we were told our insurance rates would increase, but it seems like it was in Nov. sometime.
“CALLER: And you know how many people are going to die in the interim, Rush? I say that in all sincerity, because come January 1st you’re going to see two, 300% increases in premiums and people are going to drop their coverage. So you’ve got the woman who isn’t going to go get the mammogram or the man who’s not going to get the prostate exam.
RUSH: Wait a minute!
CALLER: People are going to die.
RUSH: I thought the mammogram was free.
CALLER: Not when you drop the coverage because you can’t afford three times the premium. Remember, the premiums are going up because of the government, and jobs are being lost because of the government. If you can’t pay it, you can’t pay it. So people are going to drop it. They’re going to drop their insurance before they drop their mortgage.”
http://www.rushlimbaugh.com/home/daily/site_032310/content/01125109.guest.html