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Thursday, September 05, 2013

Study finds premiums under Obamacare exchanges will be even ‘lower than expected’

The Hill: A leading health policy research organization reported “lower than expected” premiums for ObamaCare’s new insurance exchanges in a major study released Thursday.
The nonpartisan Kaiser Family Foundation compiled premium data from the new marketplaces in the 17 states where it is fully available and released a variety of figures showing how much consumers will pay if they choose to purchase coverage individually.

The study is among the first to show in detail what a variety of exchange-based health plans will cost people of different ages and incomes under ObamaCare — a major source of debate between supporters and opponents of the law.
This exposes as bullshit a report by the Wisconsin Commissioner of Insurance that rates would skyrocket under the Obamacare exchanges. The report was already on shaky ground, credibility-wise, and now that ground has collapsed under it.

You’ve got to wonder why the Walker administration would lie about the exchanges. After all, the changes are going through whether they like it or not and all their lies would’ve been exposed as early as January 3 — that is, if the Kaiser study hadn’t exposed them now. Was it to drum up support for the repeal effort? If so, Walker’s backing the losing horse to the bitter end, because repeal — or defunding, for that matter — is just never going to happen.

Whatever the reason, Walker starts off his reelection campaign by dropping a great big turd of a lie on the middle of his desk. Democrats would be wise to exploit the living hell out of it.

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