AP: Goods News! Your Insurance Premiums Will Rise Under Obamacare

Even the Associated Press is forced to admit that Obama is purposefully misleading the American public on the costs of Obamacare:

Buyers, beware: President Barack Obama says his health care overhaul will lower premiums by double digits, but check the fine print.

Premiums are likely to keep going up even if the health care bill passes, experts say. If cost controls work as advertised, annual increases would level off with time. But don't look for a rollback. Instead, the main reason premiums would be more affordable is that new government tax credits would help millions of people who can't afford the cost now.

[snip]

"There's no question premiums are still going to keep going up," said Larry Levitt of the Kaiser Family Foundation, a research clearinghouse on the health care system. "There are pieces of reform that will hopefully keep them from going up as fast. But it would be miraculous if premiums actually went down relative to where they are today."

The statistics Obama based his claims on come from two sources. In both cases, caveats got left out.

Posted by: Confederate Yankee at 11:08 AM

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Posted by: Bill B. at March 20, 2010 09:04 AM (8kQ8M)

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