by Susan Jones, CNSnews:
Pay no attention to those big premium hikes, the Obama administration told Obamacare subscribers this week.
“An estimated 73 percent of HealthCare.gov consumers could still purchase a plan for less than $75 per month, even if all final rates were to increase by double digits,” the Department of Health and Human Services said in a news release issued on Wednesday.
HHS is reassuring 73 percent of subscribers that they will get tax credits to keep their premiums “affordable.” But what about the rest of the subscribers, who will face premium increases of 62 percent in Tennessee; 43 percent in Mississippi; and 23 percent in Kentucky, for example.
“Well, the administration is saying, oh, people shouldn’t worry because most people are getting a taxpayer-funded subsidy. Well, first of all, that means drop dead to the taxpayers paying that subsidy,” said Betsy McCaughey, the former Lieutenant Governor of New York and author of the book, “Beating Obamacare 2014.”
“But number two, about 20 percent of people don’t get a subsidy. Individuals earning more than $46,000, couples earning more $64,000, they’re going to pay the full freight. And for some people, it’s going to mean paying 20 percent or more of their income for a health plan, and then having a deductible that is so enormous, the bronze plan, individual deductible, $7,000.”
McCaughey told Fox News on Thursday that Obamacare deductibles have gone up every year to prevent health insurance premiums from rising even higher.
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