Architect Gruber Told Them ACA Would Cause Big Rate Hikes

Comment: Politifact’s 2013 Lie-of-the-Year ? Even worse than we thought. Prof. Gruber’s models–the same models used by the Obama administration–always projected big rate hikes, and that people would lose their plans. Also, don’t miss the stunning fact that premium increases were always slated to outstrip the subsidies from the very start, the consequence being that people would pay MORE for insurance, not save $2,500 a year like the lying Obama promised. Malice aforethought.

Jonathan Gruber, the MIT economist [...] was hired by former Democratic Wisconsin Gov. Jim Doyle in 2010 to conduct an analysis on how the federal health-care reform would impact the state.”

“Mr. Gruber’s study predicted about 90 percent of individuals without employer-sponsored or public insurance would see their premiums spike by an average of 41 percent. Once tax subsidies were factored in, about 60 percent of those in the individual market were projected to see their premiums go up 31 percent, according to his analysis.”

“In addition, 53 percent of those insured by companies with fewer than 50 employees, would see their premiums rise by an average of 15 percent even after subsidies, Mr. Gruber forecasted. The report warned such increases could impact small companies’ decision whether to provide health insurance to their workers.”

[...] “In addition to premium rate increases, Mr. Gruber’s work estimated that 100,000 Wisconsinites would be involuntarily dropped from their employer sponsored health insurance also running counter to the President’s claim at the time that if a you liked their health-care policy, you could keep it.

New deception questions: Obamacare adviser warned of premium increases as Obama vowed savings
By Kelly Riddell – The Washington Times – Monday, November 24, 2014

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