ObamaCare Already Causing Insurance Prices to Rise

Only the severely cognitively challenged could have failed to realize that ObamaCare would drive up the cost of medical insurance. But just to get it on the record:

Health insurers say they plan to raise premiums for some Americans as a direct result of the health overhaul in coming weeks, complicating Democrats’ efforts to trumpet their signature achievement before the midterm elections.

Aetna Inc., some BlueCross BlueShield plans and other smaller carriers have asked for premium increases of between 1% and 9% to pay for extra benefits required under the law, according to filings with state regulators.

These and other insurers say Congress’s landmark refashioning of U.S. health coverage, which passed in March after a brutal fight, is causing them to pass on more costs to consumers than Democrats predicted.

In equally surprising news, Thursday came right after Wednesday this morning.

Many carriers also are seeking additional rate increases that they say they need to cover rising medical costs. As a result, some consumers could face total premium increases of more than 20%.

The response from the statist thugs imposing ObamaCare was equally predictable:

The White House says insurers are using the law as an excuse to raise rates and predicts that state regulators will block some of the large increases.

Here’s an idea: why don’t our rulers demand that insurers provide full coverage for everyone for free? The concept should make sense to socialists who have never grasped that money can’t keep going out faster than it comes in forever.

On a tip from Matt. Cross-posted at Moonbattery.

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