Sam Stein reports today:The status quo will double the cost of your health insurance again in ten years. The Republicans are running on that platform. The Democrats are trying to do something to fix that. The Republican plan, which is do nothing, guarantees that this doubling will occur. That's an average. We're seeing yearly increases now of up to 60% on individual health plan premiums. The Republican plan is to let that continue.
The market concentration for health insurance is so monopolized in some areas that insurance companies are willing to raise prices and lose customers in an effort to improve their bottom line, a leading insurance broker told Wall Street analysts on Wednesday.But we should listen to the Republicans. Vote for more Republicans, in fact, who want to preserve this status quo.
You have two choices: the Republican status quo or the Democratic plan. Could you afford your current insurance if the price doubled in ten years? Could you afford it if you lost your job and it doubled in two years?