
| New Study Reports Rising Health Care Costs Under Democrat Plan |
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| Wednesday, 28 October 2009 16:12 |
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Today's Wall Street Journal editorializes about a study released by WellPoint that documents the consequences for families and small business as a result of the Democrat plan for a government takeover of health care:
In all of the 14 states WellPoint scrutinized, ObamaCare would drive up premiums for the small businesses and individuals who are most of WellPoint's customers. (Other big insurers, like Aetna, focus on the market among large businesses.) Young and healthy consumers will see the largest increases-their premiums would more than triple in some states-though average middle-class buyers will pay more too... The story is largely the same from state to state, though the increases are smaller in the few states that have already adopted the same mandates and regulations that Democrats want to impose on all states. For the average small employer in high-cost New York, for instance, premiums would only rise by 6%. But they'd shoot up by 94% for the same employer in Indianapolis, 91% in St. Louis and 53% in Milwaukee. A family of four with average health in those same cities would all face cost increases of 122% buying insurance on the individual market. And it's important to understand that these are merely the new costs created by ObamaCare-not including the natural increases in medical costs over time from new therapies and the like. Democrats have been selling health care as one huge free lunch in which everyone gets better insurance while paying less. But the policy facts simply don't add up, and Democrats are attacking WellPoint because they don't want anyone to understand what their health-care schemes will mean in practice. Democrats know that if the public is given the facts and the time to consider them, Americans might demand that Democrats stop pushing the country off this cliff and start all over. Read the editorial in its entirety HERE. Congressman Pence gave the following speech on the House floor regarding the study:
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