{"id":18087,"date":"2013-05-31T18:06:07","date_gmt":"2013-05-31T22:06:07","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=18087"},"modified":"2013-05-31T18:06:07","modified_gmt":"2013-05-31T22:06:07","slug":"cal-obamacare-exchange-will-increase-insurance-rates","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/18087\/cal-obamacare-exchange-will-increase-insurance-rates\/","title":{"rendered":"Cal ObamaCare Exchange WILL Increase Insurance Rates"},"content":{"rendered":"<p>Despite <a href=\"http:\/\/www.washingtonpost.com\/blogs\/wonkblog\/wp\/2013\/05\/23\/california-obamacare-premiums-no-rate-shock-here\/\" target=\"_blank\">initial reports<\/a> that California\u2019s ObamaCare health insurance exchange will offer plans that are cheaper than currently available, a closer look at the data shows that the state specializing in concocting fake budgets also lied about the supposed cost savings.<\/p>\n<p>Initially, Covered California, the state\u2019s ObamaCare-ready exchange, <a href=\"http:\/\/www.coveredca.com\/news\/press-releases\/pr-05-23-13-plans-anounced.html \" target=\"_blank\">announced<\/a> that insurance rates would drop up to \u201c29 percent below the 2013 average,\u201d prompting many of the health law\u2019s defenders to claim victory over critics who estimate double-digit increases.<\/p>\n<p>But the bloom fell off the rose fast. In order to make the new prices look as favorable as possible, Covered California didn\u2019t compare current individual insurance rates to future individual rates. Instead, it compared current small business rates to future individual rates, and reported the \u201csavings\u201d of 29 percent.<\/p>\n<p>Many <a href=\"http:\/\/www.bloomberg.com\/news\/2013-05-24\/california-fudges-the-math-on-obamacare.html\" target=\"_blank\">conservative<\/a> analysts <a href=\"http:\/\/washingtonexaminer.com\/dont-be-fooled-by-californias-premium-claims\/article\/2530379\" target=\"_blank\">caught<\/a> the <a href=\"http:\/\/conservativeintel.com\/2013\/05\/23\/calif-under-obamacare-bare-bones-coverage-will-cost-twice-as-much-for-some\/#\" target=\"_blank\">switch<\/a>, and <a href=\"http:\/\/www.nationalreview.com\/corner\/349732\/obamacare-california-yuval-levin\" target=\"_blank\">deconstructed<\/a> the ploy. Avik Roy <a href=\"http:\/\/www.forbes.com\/sites\/theapothecary\/2013\/05\/30\/rate-shock-in-california-obamacare-to-increase-individual-insurance-premiums-by-64-146\/\" target=\"_blank\">compared<\/a> current individual rates in California to future individual rates under ObamaCare and surprise, surprise, confirmed that rates will increase <em>between 64 \u2013 146 percent<\/em>.<\/p>\n<p>Of course, much of the damage from the false information has already been done. I was in a meeting hours after the rates were announced and was greeted by a liberal friend smiling and saying something along the lines of, \u201cWell, how about that; it looks like ObamaCare is better than your side thought all along. Have you seen the California numbers yet?\u201d<\/p>\n<p>At the time I\u2019d only heard the summaries, none of which drew attention to the obvious apples-and-oranges comparison by Covered California. A week later, none of the liberal cheerleaders for the California miracle are going out of their way to correct the record.<\/p>\n<p>At least now we know the truth. Too bad the left and their friends in the media don\u2019t seem to be interested.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite initial reports that California\u2019s ObamaCare health insurance exchange will offer plans that are cheaper than currently available, a closer look at the data shows that the state specializing in concocting fake budgets also lied about the supposed cost savings. Initially, Covered California, the state\u2019s ObamaCare-ready exchange, announced that insurance rates would drop up to [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[299,3007,3308,1829,116,35,4160],"class_list":["post-18087","post","type-post","status-publish","format-standard","hentry","category-posts","tag-california","tag-exchange","tag-health","tag-insurance","tag-media","tag-obamacare","tag-premium"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/18087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=18087"}],"version-history":[{"count":6,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/18087\/revisions"}],"predecessor-version":[{"id":18093,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/18087\/revisions\/18093"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=18087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=18087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=18087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}