Feinstein: Loophole in Health Care Reform Leads to Double-Digit Premium Increases
Less than one month after passage of the nearly 3,000-page Obamacare bill the President then signed into law, dire consequences – intended or otherwise – continue to surface. Imagine if Democrat legislators actually understood the impact of their massive legislation before the voted for it. Perhaps that’s too much to ask from a group that doesn’t even read the bill before they shove it down America’s collective throats.
The Los Angeles Times is reporting today that the double-digit premium hikes Democrats vowed Obamacare would stop, well, it doesn’t actually stop them.
Like when the President said his bill would immediately require coverage of children with pre-existing conditions. It doesn’t do that either.
“It is a very big loophole in health reform,” Sen. Dianne Feinstein (D-Calif.) told the Times. Feinstein and Rep. Jan Schakowsky (D-Ill.) are pushing legislation to expand federal and state authority to prevent insurance companies from boosting rates excessively, the Times reports.
First Democrats create a massive new entitlement program that doesn’t do the things they say it will do – like control health care costs or decrease deficit spending. Then, as part of the design, Democrats want to pass even more regulatory legislation that will further expedite the collapse of the private insurance industry thus leading to single payer government health care and all of its rationing, waiting lines and skyrocketing costs.
That’s because this was never about cost or health care. It’s about big government control over people’s wallets and their lives.
During the 2008 Presidential election cycle, then-Senator Barack Obama laid out during his campaign his health care plan that included a clear benchmark on lower health care costs.
“Today I want to lay out the details of that plan — a plan that not only guarantees coverage for every American, but also reduces every family’s premiums by as much as $2,500,” candidate Obama said on May 27, 2007.
Obamacare fails to deliver on that promise.
The Democrat plan is to blame the mean old insurance companies for the innumerable health care crises caused by Obamacare, then insist only big government solutions can fix these government-created problems.
The problem for Democrats is that America’s not falling for it.