Here comes even more lovely news. HHS is warning, nationwide individuals trying to keep health insurance are going to be hit with double digit premium increases.
People buying their own insurance in at least six states have been facing pressure from insurers to raise rates by as much 56 percent, the report said. Officials said the problem is likely to be more widespread, but data from individual insurers in different states is difficult to obtain.
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.[Corporate written Health care bill promo propaganda snipped out from the article]
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Even worse, the main stream press even covering these rate increases, which somehow are rubber stamped approved by state regulatory boards, are quoting low ball rate increases. Case in point is Oregon where it's quoted to be a 14.2% increase generally in the press.
This call out is coming from the White House and what a right on target to choose.
Sallie Mae had launched an intense lobbying effort to push the Senate's hand, including "sit-downs with lawmakers, town-hall-style meetings and petition drives to plead their case and stay in business." Over the past year, the company spent more than $4 million lobbying Congress, a review of campaign finance records showed. That was the equivalent of $25,000 for every day Congress was in session.
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