The Unaffordable Care Act

Now that everyone is forced to buy health insurance, the insurance companies are turning the screws:

According to a report published Friday in the The Wall Street Journal, health insurers are requesting the right in many states to increase premiums by upwards of 50%. Health Care Service Corp.–the leading health insurer in New Mexico, has asked state regulators to allow it to increase its premiums on average by 51.6%, for instance. Customers of CareFirst BlueCross BlueShield in Maryland may face an average premium increase of 30.4%.

Yep.  Nothing like a cartel to drive up the price…

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Categories: Bad News Everyone!, Bastards, Econ 101, Fraud, Government Shenanigans, Healthcare, Killing the economy, Obamacare

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