NEW YORK — Health insurance companies across the country are seeking and winning double-digit increases in premiums for some customers, even though one of the biggest objectives of the Obama administration’s health care law was to stem the rapid rise in insurance costs for consumers.
Particularly vulnerable to the high rates are small businesses and people who do not have employer-provided insurance and must buy it on their own.
Comments
NY Times doesn't tell you that's the way ObamaCare was designed and intended. OF COURSE premiums are going up. ObamaCare requires the insurers to take on more clients who have a zero waiting period. There are hundreds of new regulations and mandatory paperwork. The actual intent of the law is to put private insurers out of business and force people to go to govt regulated insurers whether they like it or not...And as part of this campaign to DEMONIZE private insurers the administration tells it's media surrogates to bash insurers whenever they raise their premiums. (And of course Obama said you can keep your insurer and keep your doctor, but both of these are blatantly FALSE.