Insurance rates are going UP, hospitals cutting jobs in order to lower costs

Source: Steve Watson

The Senator highlights a fact that Infowars has been reporting for some time – namely that despite promises from the Obama administration and the president himself, Americans everywhere are receiving cancellation notices and premium hikes from their insurers because of the Obamacare rollout.

Weeks behind the alternative media and the Twitterverse, the mainstream media is finally cottoning on to the Obamacare scam. A report from CBS this morning details how the arrival of Obamacare is forcing insurers to drop customers with low premiums.

Americans are being forced into buying new policies, despite Obama’s promises to the contrary. The clip with the report shows the now infamous footage of Obama in 2010 declaring that “if you like your insurance plan, you will keep it.”

Fox News ran a similar story about the continuing hikes in rates with Democrat supporter Kirsten Powers explaining that her insurance has been canceled. Powers notes that she had a $2500 deductible and a $160 premium. Now, she says it’s $2500 deductible and a$300 premium.

News reports are beginning to show up everywhere reporting the same sad situation. Here’s one from an NBC affiliate in Texas:

The rollout is having serious repercussions on local businesses, ironically including hospitals. For example, two hospitals in Indiana have been forced to cut hundreds of jobs, with remaining employees seeing a cutback in benefits, pay freezes and a raise in health insurance premiums.

Another CBS report also highlights that in many of the 15 state-based health insurance exchanges, there has been an incredible spike in Medicaid enrollments, rather than private insurance orders. The spike is so pronounced that it threatens to undermine the entire healthcare structure because “there will not be enough healthy people buying insurance for the system to work.”

“Either the private insurance enrollments come up somewhere around the expected amount or there’s going to be a problem.” said Gail Wilensky, a former Medicaid director. “You need a volume and you need a mix of people that are healthy as well as high users in private insurance, in order to have it be sustainable.”