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Chuck Schumer: Yeah, health insurance premiums are going up partially because of ObamaCare
Hotair ^ | 05/03/2013 | Erika Johnsen

Posted on 05/03/2013 10:08:38 AM PDT by SeekAndFind

Health and Human Services Secretary Kathleen Sebelius has already admitted that the "affordable" in the "Patient Protection and Affordable Care Act" is something of a misnomer, to say the least, and with all of the hidden costs and complexities the law's implementation is slowly but surely revealing, Democrats have every reason to be nervous. As Josh Kraushaar put it at NJ:

While the debate over Obama’s health care law isn’t a life-or-death battle, health care affects voter livelihood (and their voting decisions) like few other issues do. And there are clear signs that if premiums go up, businesses are forced to change how they insure their employees, and implementation of the law is uneven, the potential for political consequences are significant. In the 2010 midterms, Democrats suffered a historic landslide when the debate over health care was abstract. The stakes could be even higher when voters have first-hand experience with its effects.

And health insurance premiums are definitely starting to tick upwards, in no small part directly because of ObamaCare’s provisions — a fact that even Sen. Chuck Schumer is now ready to publicly recognize.

CLICK ABOVE LINK FOR THE VIDEO

SCHUMER: Our insurance department is in power to protect families. We’re going to watch them like a hawk to make sure they do that. And if they don’t, those rates could go through the roof.

Q: Is it because of Obamacare?

SCHUMER: It’s in part because of Obamacare, but healthcare costs have been going up in double digits for years and years.

Yes, obviously — because ObamaCare destroys the free-market based notion of private insurance in which companies can price out risk. Everybody can get ‘reasonably priced insurance, and therefore everybody’s prices are going to go up, and the raft of new taxes, regulations, and arbitrarily-determined rates (re: “watching them like a hawk”) are not going to help matters much. This is not rocket science.


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: chuckschumer; healthcare; obamacare; premiums

1 posted on 05/03/2013 10:08:38 AM PDT by SeekAndFind
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To: SeekAndFind

no $shit Sherlock!

Man liberals are dumb


2 posted on 05/03/2013 10:10:10 AM PDT by TexasFreeper2009 (Obama lied .. the economy died.)
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To: SeekAndFind

That poor excuse for a buttwipe corncob wouldn’t know a health insurance premium from a tax return...


3 posted on 05/03/2013 10:10:47 AM PDT by Gaffer
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To: TexasFreeper2009

Yes, liberals ARE dumb, which is why they will buy schemers argument


4 posted on 05/03/2013 10:12:01 AM PDT by uncitizen
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To: SeekAndFind

SCHUMER: It’s in part because of Obamacare, but healthcare costs have been going up in double digits for years and years

As have malpractice insurances. Tort reform would help to lower costs more than “affordable healthcare legislation”.


5 posted on 05/03/2013 10:17:15 AM PDT by Straight8
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To: SeekAndFind

But Chuck, I CAN’T AFFORD to pay the higher premiums (or higher energy costs, or higher taxes, or...)

Your “Affordable Health Care Act” is NOT affordable, and you lied to us in selling it to us as such. YOU LIED!!

False advertising.


6 posted on 05/03/2013 10:53:44 AM PDT by Wildbill22 (They have us surrounded again, the poor bastards- Gen Creighton Williams Abrams)
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To: SeekAndFind

Liberals aren’t all dumb... most in high office are pathological liars.

They wanted this and now they are all looking for somebody to point their fingers at.


7 posted on 05/03/2013 10:55:23 AM PDT by hattend (Firearms and ammunition...the only growing industries under the Obama regime.)
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To: Wildbill22
But Chuck, I CAN’T AFFORD to pay the higher premiums

That's okay...we'll fine you instead.

8 posted on 05/03/2013 10:56:50 AM PDT by hattend (Firearms and ammunition...the only growing industries under the Obama regime.)
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To: TexasFreeper2009

No problem. We’ll address the higher premiums with higher taxes. Fairness.


9 posted on 05/03/2013 10:58:57 AM PDT by DPMD
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To: hattend

The rats are going to push this out until January 2015. With what they are finding out, there is no way they will go into the 2014 election with this hanging over their heads.


10 posted on 05/03/2013 11:03:36 AM PDT by EQAndyBuzz (The reason we own guns is to protect ourselves from those wanting to take our guns from us.)
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To: SeekAndFind
Obamacare in a nutshell:

Before, a young, healthy person might pay $100 for insurance.

Before, an old, sick person might pay $1000 for insurance.

Now, everyone pays $600 for "affordable" insurance. $100 is for the new beaurocracy.

11 posted on 05/03/2013 11:04:17 AM PDT by Sender (It's never too late to be who you could have been.)
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