by Geoffrey Grider, Now The End Begins:
OBAMACARE PREMIUM COSTS WILL SOAR 20.3 PERCENT ON AVERAGE IN 2016 INSTEAD OF THE 7.5 PERCENT INCREASE CLAIMED BY FEDERAL OFFICIALS.
As I opened my mail the other day, I was informed that my health insurance premiums would rise over 20% in the new year of 2016. A few weeks earlier I had received a notice that because I did not have Obama-approved health insurance in 2014, that I would have to pay hundreds of dollars in fines in the form of a tax. I am ones of the tens of millions of Americans that this is happening to. America is starting to wake up to the ugly truth of what life under a Socialist-funded regime is going to be like.
Recently, the Obama administration released figures for a modest 7.5% increase in the cost of health insurance for 2016, but they were highly and intentionally skewed numbers. The actual amount, as I found out first hand, is over 20%.
THE INCREDIBLE LIES AND COVERUP USED TO GET OBAMACARE PASSED:
The discrepancy is because the government excluded price data for three of the four Obamacare health insurance plans when the officials issued their recent forecast claiming enrollees would face only a 7.5 percent average rate increase in 2016. When data for all four plans are included, premium costs will actually rise on average 20.3 percent next year. The 2015 Obamacare price hike was 20.3 percent.
The Obamacare program’s federal exchange operates in 37 states where officials declined to set up state-run exchanges. Officials in the U.S. Department of Health and Human Services Center for Medicare Services, which manages Obamacare, only calculated price changes for the health insurance program’s Silver plan, thus ignoring data for the Bronze, Gold and Platinum plans.
Please follow SGT Report on Twitter & help share the message.