Saturday, 01 Dec 2012 01:42 PM
Insurance companies will be charged 3.5 percent of any premiums they sell through the federal exchanges, the department announced Friday.
And insurers are likely to pass that surcharge on to clients, leaading to higher premiums.
The only states to be affected are those that refuse to set up their own exchanges because of opposition to the Patient Protection and Affordable Care Act. They are almost certain to be those under Republican control. In those states, HHS will set up the exchanges
Read more: http://www.newsmax.com/Newsfront/Obamacare-insurance-premiums-states/2012/12/01/id/466088?s=al&promo_code=10F25-1#ixzz2DujRdceZ
President Obama has issued a challenge on Obamacare to Republican governors, and I believe they will respond. It seems he wants another civil war to contend with. This I do not want, but maybe we will get it by the actions of an administration that does not care what the states or its citizens want. May God help us.
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