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by
Bryan Preston

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March 19, 2014 - 6:57 am

Skyrockets in flight, but hardly a delight. The Hill reports:

Health industry officials say ObamaCare-related premiums will double in some parts of the country, countering claims recently made by the administration.

The expected rate hikes will be announced in the coming months amid an intense election year, when control of the Senate is up for grabs. The sticker shock would likely bolster the GOP’s prospects in November and hamper ObamaCare insurance enrollment efforts in 2015.

The industry complaints come less than a week after Health and Human Services (HHS) Secretary Kathleen Sebelius sought to downplay concerns about rising premiums in the healthcare sector. She told lawmakers rates would increase in 2015 but grow more slowly than in the past.

The insurance official, who hails from a populous swing state, said his company expects to triple its rates next year on the ObamaCare exchange.

The hikes are expected to vary substantially by region, state and carrier.

Areas of the country with older, sicker or smaller populations are likely to be hit hardest, while others might not see substantial increases at all.

The “great news” in the headline is obviously sarcastic, but in a way this is great news — in the sense that these rate hikes don’t appear to be something that Obama can get his hands on and unilaterally delay, as he has with the Obamacare law itself 34 times now.  The rate hikes just might force Americans to recognize the error of trusting Obama and the Democrats, which could lead to an even stronger result for the Republicans in the fall. That in turn could lead to momentum to repeal this awful law, and to reduced prospects for the Democrats in 2016.

So, you know, great news.

Bryan Preston has been a leading conservative blogger and opinionator since founding his first blog in 2001. Bryan is a military veteran, worked for NASA, was a founding blogger and producer at Hot Air, was producer of the Laura Ingraham Show and, most recently before joining PJM, was Communications Director of the Republican Party of Texas.

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All Comments   (3)
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It's also possible that Obama or the AG or someone like that will make a public statement suggesting that the insurance companies might want to rethink if raising rates in their best interests long term, hint hint.
26 weeks ago
26 weeks ago Link To Comment
Long term the insurance industry is toast.
26 weeks ago
26 weeks ago Link To Comment
Who says premium price freezes are off the table?

Obama can simply reach into his magic hat and extend a little deeper into the shared risk pool already set up as a safety net for insurers to cover excess losses.
26 weeks ago
26 weeks ago Link To Comment
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