“A colleague told me I was “over the top” paranoid. I didn’t think so. But I needed proof to convince him. And I found my proof at the Privacy Rights Clearinghouse (PRC) website.”
Day: January 15, 2013
ObamaCare’s Health-Insurance Sticker Shock
By MERRILL MATTHEWS AND MARK E. LITOW
Health-insurance premiums have been rising—and consumers will experience another series of price shocks later this year when some see their premiums skyrocket thanks to the Affordable Care Act, aka ObamaCare.
The reason: The congressional Democrats who crafted the legislation ignored virtually every actuarial principle governing rational insurance pricing. Premiums will soon reflect that disregard—indeed, premiums are already reflecting it.