Obamacare ‘Rate Shock’ Hits Ohio With 88 Percent Insurance Hikes

 

” The Ohio Department of Insurance predicts premiums in 2014 will rise by 88 percent, a direct result of President Obama’s Patient Protection and Affordable Care Act.

The average cost of insurance premiums will stand about $420, “representing an increase of 88 percent” compared to 2013, thedepartment reported, Forbes said.”

 

 

But we thought costs were going to be lower under the Democrat’s wonderful plan , isn’t that what we were told ?

 

 

” State officials aren’t surprised. They’ve cautioned about the “rate shock” since the early days of Obamacare, Forbes reported.

“We have warned of these increases,” said Lt. Gov. Mary Taylor, in a statement reported by Forbes. “Consumers will have fewer choices and pay much higher premiums for their health insurance starting in 2014.” “

 

    Affordable is all in the eye of the beholder . If you are a Washington fatcat with taxpayer provided healthcare then it is indeed affordable . If you are a private citizen , the not so much . 

 

 

 

 

 

 

 

 

 

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