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Individual insurance premiums would increase by an average of 10 percent or more, according to an analysis of the Senate healthcare bill.
The long-awaited report by the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) also concluded that subsidies provided by the legislation would make coverage cheaper for those who qualify.
So, the vast majority of those WITH HC insurance will see their premiums rise...to pay for those without HC insurance.
Nongroup Policies CBO and JCT estimate that the average premium per person covered (including dependents) for new nongroup policies would be about 10 percent to 13 percent higher in 2016 than the average premium for nongroupcoverage in that same year under current law.
Quote:
The legislation would have much smaller effects on premiums for employment-based coverage, which would account for about five-sixths of the total health insurance market. In the small group market, which is defined in this analysis as consisting of employers with 50 or fewer workers, CBO and JCT estimate that the change in the average premium per person resulting from the legislation could range from an increase of 1 percent to a reduction of 2 percent in 2016 (relative to current law)
So much for reform, if I'm reading this right it will have no effect on the costs for most people and will raise rates for some comparing it to current projections.
So much for reform, if I'm reading this right it will have no effect on the costs for most people and will raise rates for some comparing it to current projections.
So much for you knowing what you are talking about. This happens when lazy right wingers fail to fact check....LOL
Do yourself a BIG FAVOR and start thinking for yourself.
The vase majority of those WITH hc insurance will have their premiums rise, to subsidize those without coverage.
I fix that for you. Nothing new here.
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