Last year at this time I told you my monthly health care premium was skyrocketing. Here’s a recap:
In 2014 when Obamacare officially went into effect, I signed up for private insurance and my monthly premium was a hulking $300. That’s a lot considering that in 2013, it would have been closer to $150 per month for someone like me. But as you all know, Obamacare forced insurance rates to go up across the insurance industry in order for the so-called rich to subsidize everyone else’s insurance premiums. And they’ve just kept going up.
In 2015 my monthly premium went to $355, a fairly significant increase over 2014. I wasn’t happy about it but at least I get to write it off of my gross income at the end of the year, so I didn’t make too much fuss about it.
Well I just got a letter today and now I’m fuming, because my insurance just notified me that my rates would be skyrocketing in 2016:
UGH! That’s a 57% increase PER MONTH since I started paying for private insurance in 2013. That’s unbelievable to me. Who knows how high my 2017 premiums are going to be.
Well now we know, and it’s skyrocketing again. Here’s my new health insurance premium for 2017:
So in 2014 I was paying $300 per month. Now I’m gonna be paying $600 per month!
And Obama says it’s not his fault!
Get this. The AP is just breaking this news:
BREAKING: Obama administration says https://t.co/Elaw2I8wgo premiums will go up by double-digit percentages next year.
— The Associated Press (@AP) October 24, 2016
Obama administration confirms sharp rise in health care premiums and fewer insurers to choose from. https://t.co/fsjGfe33Tb
— The Associated Press (@AP) October 24, 2016
Great. What do you think that’s going to do to my premium in 2018? I don’t even want to think about it.
Obama is trying to skirt the blame, but it’s ALL his fault. After all, this is what redistribution of wealth looks like in practice!
As Margaret Thatcher once famously said, “The problem with socialism is that eventually you run out of other people’s money.”
That’s exactly what will happen here! If insurance premiums keep skyrocketing at this rate, at some point soon I’m going to be in the poor house and someone else will have to subsidize my federally mandated Obamacare premium, if there’s anyone left!