Thursday, September 16, 2010

Remember healthcare?

Remember the promises made by Obama and Pelosi. What was it that madam speaker said? Oh yes, now I remember. "we have to pass this bill so that we can see what's in it."

Well now people are seeing what's in it and the leaps in medical costs that they were warned about but stood idle and ignored. Now those costs are beginning to reveal themselves.

Health Insurers Seeking Rate Hikes Of More Than 20 Percent In Connecticut

Health insurers are asking for immediate rate hikes of more than 20 percent in Connecticut for some plans, citing rising medical costs and federal health reform laws as reasons.

Both issues — the new federal health care reform and rising medical costs — are significant drivers of the increases, according to filings by insurers with state regulators that were reviewed by The Courant.

It remains to be seen how much of the requests will be approved. Many people might not see an increase before Jan. 1, and these proposed changes would largely affect new business, mostly in the individual market.

And there will be more to come. America is about to get a first hand and personal experience in "trickle down socialist economics" from the masters of disaster team Pelosi and their mutant socialist/Marxist leader Obama.

How many days until November?

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