{"id":20355,"date":"2014-03-20T15:48:47","date_gmt":"2014-03-20T19:48:47","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=20355"},"modified":"2014-03-20T15:48:47","modified_gmt":"2014-03-20T19:48:47","slug":"obamacare-rate-hikes-might-be-the-issue-in-2014","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/20355\/obamacare-rate-hikes-might-be-the-issue-in-2014\/","title":{"rendered":"ObamaCare Rate Hikes Might be THE Issue in 2014"},"content":{"rendered":"

The Hill<\/a> is reporting that ObamaCare\u2019s politically-motivated delays may come back to bite Democrats this fall.<\/p>\n

\u201c[One] insurance official, who hails from a populous state, said his company expects to triple its rates next year<\/strong> on the ObamaCare exchange.\u201d And, \u201cIn Iowa, which hosts the first presidential caucus in the nation and has a competitive Senate race this year, rates are expected to rise 100 percent<\/strong> on the exchange and by double digits on the larger, employer-based market,\u201d says the website. (Emphasis added)<\/p>\n

The spikes are coming primarily for two reasons. First, the percentage of young and healthy people enrolling for coverage is too low to off-set the cost of care for older and sicker enrollees. Second, insurance companies don\u2019t trust the Obama administration to follow the law.<\/p>\n

Delaying parts of ObamaCare that force people to do things they don\u2019t like \u2013 such as pay more for less generous plans \u2013 feels good politically, but it skewers carefully laid business plans that rely on the government to faithfully apply its own regulations.<\/p>\n

After watching the Obama administration change the rules at the eleventh hour this year, insurance companies are hedging their bets by passing the costs of arbitrary regulation onto consumers, starting with next year\u2019s premiums.<\/p>\n

The Democrats\u2019 midterm dilemma is really a refusal to engage in delayed gratification. Had the Obama administration stood firm and applied the law as-is, an entire year would have elapsed before the party that passed ObamaCare would be held accountable. By then, people might have grown used to the frustrating parts of the health law, much like they have with the never-ending delays. But now, fiscal reality is staring Democrats in the face. And thanks to their backstabbing of the insurance industry, they have no one to blame but themselves.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Hill is reporting that ObamaCare\u2019s politically-motivated delays may come back to bite Democrats this fall. \u201c[One] insurance official, who hails from a populous state, said his company expects to triple its rates next year on the ObamaCare exchange.\u201d And, \u201cIn Iowa, which hosts the first presidential caucus in the nation and has a competitive […]<\/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":[4073,4191,3308,1829,35,3059,300],"class_list":["post-20355","post","type-post","status-publish","format-standard","hentry","category-posts","tag-4073","tag-delay","tag-health","tag-insurance","tag-obamacare","tag-rate","tag-regulation"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/20355","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=20355"}],"version-history":[{"count":5,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/20355\/revisions"}],"predecessor-version":[{"id":20360,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/20355\/revisions\/20360"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=20355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=20355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=20355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}