As my ol’ pappy used to say: “You pays your money and you takes your chances, but mostly you just pays your money.”
So, when Obama promised on the campaign trail in 2008, “We’ll lower premiums by up to $2,500 for a typical family per year. … We’ll do it by the end of my first term as president of the United States,” I didn’t really believe him.
Maybe those savings will be coming next year, right?
Of course not. News accounts report that ObamaCare subsidized health insurers are beginning to make requests for 2016 rates, and they are seeking double-digit rate increases and in some places up to 60 percent hikes.
Nevada is not immune. According to HealthCare.gov’s rate review website, Nevada’s ObamaCare insurers are seeking 10 percent-plus rate increases in the vast majority of plans and up to 27.53 percent for one plan.
But not to worry, the vast majority of those covered by ObamaCare are subsidized by the taxpayers and pay a fixed percentage of their income for their health insurance, so the taxpayers will be picking up any increases that are granted. Those rates will be posted around Nov. 1.
You pays your money.