“Anyone who would stand before you and say well, if you pass health care reform, next year’s health care premiums are going down, I don’t think is telling the truth,” Senate Majority Whip Dick Durbin (D-IL) said on the Senate floor early Wednesday. “I think it is likely they would go up, but what we’re trying to do is slow the rate of increase.”
During last month’s health care summit, President Obama sparred with Sen. Lamar Alexander on the topic: “No, no, no, that’s just not true,” he said when Alexander talked about CBO estimates that premiums would rise. “This is an example of where we have to get our facts straight.”
WATCH OBAMA TAKE ON ALEXANDER
As the CBO indicated in a report late last year, some will see preimums go down — namely, those without health insurance right now. Writes The Hill, via Hot Air:
Individual insurance premiums would increase by an average of 10 percent or more, according to an analysis of the Senate healthcare bill.
The long-awaited report by the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) also concluded that subsidies provided by the legislation would make coverage cheaper for those who qualify. …
Though Republicans will seize on the projections that insurance premiums for individuals would increase, Democrats will highlight the conclusion that the legislation would lower premiums by 56 to 59 percent for those individuals who would receive subsidies to buy insurance on the exchange created by the legislation. Of those who participate in the exchange, 57 percent would be eligible for subsidies. The subsidy would cover about two-thirds of their premiums, the report says.
This exchange, open to individuals and small-business employees, would provide coverage to just 17 percent of the marketplace, the report notes.



























