Those who would give up Essential Liberty to purchase a little Temporary Safety, deserve neither Liberty nor Safety.

- Benjamin Franklin

More Government = Higher Prices

Who are those that thought getting the government more involved in healthcare would bring prices down? insurers are raising prices by an average of 20 percent for adults age 64 and younger who buy their own policies, according to a survey released by a nonprofit healthcare group on Monday.

Such premium cost increases affected more than three-quarters of the 14 million adults who buy their own health plans and caused some to either seek a cheaper option with fewer benefits or switch insurers altogether, the Kaiser Family Foundation study showed.

The findings come as the Obama administration works with insurers to implement some of the new rules under the recently passed healthcare law, which aims to expand consumers' coverage while cracking down on discriminatory industry practices
. [Read]

We all pay the price for government incompetence. The question is, why do so many continue to ask for more?

posted at 16:22:18 on 06/21/10 by clearpolitics - Category: Economics - [Permalink]

Previous | Next


No comments yet

Add Comments

This item is closed, it's not possible to add new comments to it or to vote on it


Please visit our sponsors:

Please visit our sponsors:

The Gross National Debt