Obama lied, Health Care Costs Are Going Up

Obama HHS Secretary Admits Premiums Will Rise Because Of Obamacare

While many in the real world have been warning about the increase of premiums that will result in the ironically named Affordable Care Act, aka Obamacare, Health and Human Services Secretary (and known federal law breaker) Kathleen Sebelius has finally admitted that costs will increase for consumers, despite the denials of the Socialists in Congress and the Socialist in the White House.

The Wall Street Journal reports,

Some people purchasing new insurance policies for themselves this fall could see premiums rise because of requirements in the health-care law, Health and Human Services Secretary Kathleen Sebelius told reporters Tuesday.

Ms. Sebelius’s remarks come weeks before insurers are expected to begin releasing rates for plans that start on Jan. 1, 2014, when key provisions of the health law kick in. Premiums have been a sensitive subject for the Obama administration, which is counting on elements in the health law designed to increase competition among insurers to keep rates in check. The administration has pointed to subsidies that will be available for many lower-income Americans to help them with the cost of coverage.

The secretary’s remarks are among the first direct statements from federal officials that people who have skimpy health plans right now could face higher premiums for plans that are more generous. She noted that the law requires plans to provide better benefits and treat all customers equally regardless of their medical claims.

“These folks will be moving into a really fully insured product for the first time, and so there may be a higher cost associated with getting into that market,” she said. “But we feel pretty strongly that with subsidies available to a lot of that population that they are really going to see much better benefit for the money that they’re spending.”

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