CNN: Administration Admitting ObamaCare Driving Insurance Costs Higher

CNN: Were Americans Misled about the Costs of ObamaCare? (HotAir)

Things that could have been brought to our attention….three years ago!

This segment is a bit myopic, dealing mostly with whether Sec. Kathleen Sebelius said this (yes, she did) and one study that shows costs going up. But it’s decent as far as it goes, and we could have used a whole lot more such mildly critical reporting before the bill was passed.

If CNN cared to look beyond the one Society of Actuaries study it allows the White House to trash as insurance-industry aligned, they’d find plenty of studies from the government itself that show overall health care costs rising, individual premiums rising, and costs higher over the next 10 years than they would have been without passing ObamaCare. That last is an important point because the administration loves to blame quickly rising premiums on evil insurance companies or the fact that they were already rising before ObamaCare. The fact is, the trajectory has changed, especially in the individual market, because of ObamaCare. Insuring more people and mandating more comprehensive coverage makes insurance more expensive. This was obvious to anyone who cared to think about it before the law was passed, but anyone who cared to point it out was called a dirty liar by the bill’s proponents. (Here’s a full write-up on the Actuaries’ report and its conclusions and design. It is considered an expert, reliable report by most everyone but the White House, but as with any one study, it has limitations.)