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Author Betsy McCaughey on the impact the president’s health-care law is having on health-care costs.
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Wal-Mart President Obama repeatedly said health insurance premiums for a family would be 2500.
Dollars -- by the enemies first.
In actuality they are about 3000.
Dollars high -- and that.
Premiums could still go up another 50% maybe even mall because of Obama -- But typical Disney also -- -- beating the Obama -- on -- to tell -- that's a great book and she joins us now live -- in the studio in New -- actually -- program thank you.
This ticket then I got everybody's attention that -- health insurance premiums if you in the individual market battleground going out of behind my own -- -- that's right currently about 25 million people were in the individual -- five million but that -- go -- after many people lose -- on the job coverage in the coming months OK -- let's get to this 50%.
Increase in the cost.
That -- I would have to -- -- -- myself.
That's right let me explain how that's happened yeah that happens -- -- well first of all.
Stake in general have set their own health insurance rules.
So people who live in states with Smart rules had low premiums and people lived in states with.
Not so Smart rules like new York New Jersey Vermont had much higher premiums.
Two years ago the Obama health -- started rolling out federal rules that affected everybody and they -- -- premiums up across the country.
For example.
No co pays or deductibles for preventive care well there's no Tooth Fairy if the insurance company have to pay the full cost of that colonoscopy here.
Our -- are -- mammogram.
Then.
You are gonna pay a higher premium.
Adding children adult children to their plans to that 46 that pushed a premium to hold a second positive on us now.
Now.
Some states let me give you some examples Arizona Arkansas.
Idaho.
Iowa Oklahoma -- Ohio Virginia.
That -- -- -- had premiums well below the national average are gonna see their premiums even double higher than 50% increase even maybe a 100% increased.
And that -- because the new federal rules that went to affect and 2014.
We'll make those states follow the same rules -- that Vermont new York New Jersey already follow up.
As of 2014.
-- right 2000 faulty.
In Atlanta Reynolds with a guaranteed issue and mean fit.
You're even if -- already sick the insurance company has to take you at the same price that they take a perfectly healthy person.
That's gonna push up the premiums a lot.
Mandates New York for example it's 51 mandate things that.
Have to be included in every single health insurance plan it's like passing a law that the only car you -- Is a fully loaded Cadillac some people just want -- Volkswagen so.
All these new mandates all -- demands within Obama can all of their calls -- facial benefits you're gonna have to have them and you're gonna have to pay for them.
You have to pay -- right all right if prices go up as much as you say it is -- and most people agree with you I mean they're just going straight through the roof.
What happens because I think -- -- most people can afford that kind of premium increase what happens.
Well two things are gonna happen first of all most Americans currently get their health insurance through job you do the road job of their spouse's job.
And bush and policy does that cost go -- well -- courts are gonna what to let me explain why as much.
Not probably not as much the individual markets gonna see the biggest job.
But everywhere at this is gonna have an impact.
Beginning in 2014 employers.
With fifty or more full time workers will have to offer coverage.
And not just any coverage it's gotta be that one size fits all government design plan the cost about twice as much as what.
Many employers currently offer so some employers gonna -- I can't afford that I'm gonna pay the penalty.
Other players -- say that I'm gonna push my workers -- a part time status like the Wendy's.
The individual that is shoved out into a market whether prices rising because that's right that's it I'm terribly sorry I'm flat out of time but I do wanna say about that in the flood -- -- money if you hit.
-- Obama cat is the best handled -- -- on Obama Cadbury is Syrian I love it that's Amazon.com.
Or your Barnes & Noble.
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