We The People

We The People

Saturday, May 13, 2017

The Next Big Lie About ObamaCare | Stock News & Stock Market Analysis - IBD

The Next Big Lie About ObamaCare | Stock News & Stock Market Analysis - IBD:

"And now insurers in Connecticut, Maryland and Virginia announced massive rate hikes for next year that top 58%. The average hike in Virginia will be nearly 31%, according to one estimate.
Image result for Obamacare Train WreckEven by ObamaCare standards, the proposed increases were shockingly high. And most likely these three states — which have early deadlines for rate filings — are just a harbinger of more bad ObamaCare news across the country.

And, as night follows day, Republicans will be blamed for it all.

There's just one problem with this story.

It is not true.
Last year, insurers announced massive rate hikes, as they did the year before, and the year before that. Yet that was when nobody had a reason to think ObamaCare's future was in doubt. So why, defenders of ObamaCare should be asked, are the double-digit rate hikes this year suddenly the result of "uncertainty"?"