Aetna: Premiums Will Go Up Because of ObamaCare

You knew this and I knew this and the vast majority of voters knew this. Now health insurers are saying it out loud.

Jim Geraghty spotted it in an interview with Aetna's CEO:

Will insurance premiums go up? The answer is yes, and some of the things that will drive those premiums are significant additional taxes the industry will ultimately have to pay in the first year.

The President said that this bill would not have any impact on people who already had coverage, that it was about the uninsured, that there would be no change. Will this legislation change the coverage of people who are already paying for it?
My perception is, yes, things will change. You might not have a plan that includes the exact same doctors. You might have plans that have richer benefits, and therefore you're going to pay more for benefits you may or may not want. It would have been a better message to say, we're going to make certain you maintain your eligibility.

Watch out, Mr. CEO man, I'm sure Waxman and Stupak will be happy to add you to their list of people to mock, slander, and abuse at their congressional "investigation" next week.

posted by Gabriel Malor at 12:45 PM

| Access Comments