Sunday, April 18, 2010

NYS Obamacare at $ 17,876 per Year

Yes, $ 17,876 per year. That is the annual health insurance bill for Ms. April Welles of New York City, according to a front page story in the New York Times this morning. New York requires the pre-existing conditions requirement that is the cornerstone of the Obama plan, recently enacted into law. The predictable result -- skyrocketing health insurance costs, as healthy folks simply checked out of the insurance market, leaving only the unhealthy on the insurance rolls.

This is only the beginning. Insurance rates are headed much, much higher for New York State (and Massachusetts). These two states are in a race for the highest health care costs in the civilized world and the highest insurance rates on the planet. That's because both states enacted Obamacare at the state level. This is our future -- astronomical health care insurance rates and astronomical health care costs. Thank you, Mr. President. That is change!

1 comment:

A. Barrow said...

The Feds will fix prices and drive insurance companies out of business. Then the Feds will institute single payer. It's inevitable.