Nonsequitur: “Affordable Care Act” to Raise Health Care Costs By 100% – 400%

May 14, 2013

Paul Bedard points out that Obamacare will raise the costs of health insurance by mandating insurers are “…providing wider services than people are now paying for and adding less healthy people to the roles of insured…”  How much will health insurance prices rise?  100% -400% for individuals and 50%-100% for employers.

Of course, many small to mid-size companies are either not hiring or reducing worker hours to 29 hours or less to stay below the 50 FT employee threshold required by the ACA.  So the increase for these workers will be forced onto the individual.

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