One of the crucial memes during the run-up to O'Care© was that, despite all evidence to the contrary, it was going to result in lower insurance rates. Exactly how expanding coverage for tens of millions of people would result in lower costs for everyone was never actually explained, but we were assured that, once it was passed, we'd see how it would work.
We now know that, despite an initial screwup by the Feds, the provision allowing "children" (and by "children," we mean 26 year-olds) to stay on their parents' insurance plans is in effect. Remember, we were promised that this would reduce costs.
Perhaps not surprisingly, the truth is at odds with the promise:
"Letting young adults stay on their parents' health insurance until they turn 26 will nudge premiums nearly 1 percent higher for employer plans, the government said in an estimate released Monday."
We needn't remind informed readers that when the gummint estimates a 1 percent hike, the real number will be vastly higher. Just one more promise under the bus.
We now know that, despite an initial screwup by the Feds, the provision allowing "children" (and by "children," we mean 26 year-olds) to stay on their parents' insurance plans is in effect. Remember, we were promised that this would reduce costs.
Perhaps not surprisingly, the truth is at odds with the promise:
"Letting young adults stay on their parents' health insurance until they turn 26 will nudge premiums nearly 1 percent higher for employer plans, the government said in an estimate released Monday."
We needn't remind informed readers that when the gummint estimates a 1 percent hike, the real number will be vastly higher. Just one more promise under the bus.