You Can Already Count The Cost

The recently passed Health Care initiative is already raising medical insurance costs.

Letting young adults stay on their parents' health insurance until they turn 26 will nudge premiums nearly 1 percent higher for employer plans, the government said in an estimate released Monday.

The coverage requirement, effective starting later this year, is one of the most anticipated early benefits of President Barack Obama's new health care law. Many insurers have already started offering extended coverage to families who purchase their coverage directly. And employers say parents have flooded their benefits departments with questions.

Raising costs for people is a benefit? George Orwell would be proud.

And about the promise of the health care bill according to Obama?

After decades of struggle and a year of debate, health reform is now law in America.

What does it mean for you? It means an end to the worst insurance company abuses, new rules that treat everyone fairly, and more choices and affordable health insurance for millions of Americans.

I guess affordable means higher priced. See what I mean about Orwell?

Cross Posted at Power and Control

posted by Simon on 05.11.10 at 04:13 AM










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