And where do you think Obamacare got it? - Granite Grok

And where do you think Obamacare got it?

Jeanne Shaheen Wicked Witch

The biggest reason for Obamacare’s rate hikes? Two of its most popular provisions, guaranteed issue and community rating. These are the technical terms for Obamacare’s ban on insurance companies denying coverage or charging people who are sick more.

The McKinsey report found that in Georgia, these mandates added between 44 and 52 percent to premiums. In Ohio, they were responsible for 41 to 50 percent of the hikes — and in Pennsylvania, as much as 62 percent. In Tennessee, guaranteed issue and community rating accounted for between 73 and 76 percent of premium increases.

This shouldn’t come as a surprise. A study by Milliman, a consultancy, in 2013 predicted that Obamacare’s guaranteed issue and community rating rules would sharply increase premiums.

All they had to do is to see what a wreck of a bill that Jeanne Shaheen’s SB711 was here in NH – it destroyed the healthcare insurance marketplace with most of the insurers dropping out and prices skyrocketing.  But she still pats herself on the back for its results.

Maybe that was the real intent of the bill?  And the Dems looked at that and said: “This is the fastest path to single payer.”

(H/T: Instapundit)

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