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The nation’s big health insurers say they expect premiums — or the cost for insurance coverage — to rise from 20 to 100 percent for millions of people due to changes that will occur when key provisions of the Affordable Care Act roll out in January 2014.

Mark Bertolini, CEO of Aetna Inc., one of the nation’s largest insurers, calls the price hikes “premium rate shock.”

“We’ve done all the math, we’ve shared it with all the regulators, we’ve shared it with all the people in Washington that need to see it, and I think it’s a big concern,” Bertolini said during the company’s annual meeting with investors in December.

http://www.washingtonpost.com/business/insurers-warn-of-sticker-shock-due-to-health-care-laws-new-taxes-requirements-as-it-expands/2013/03/13/bb9806c0-8bf2-11e2-af15-99809eaba6cb_story.html

 

This is by design, as the Fabian-Socialist have admitted the idea is to whittle it down to so-called single payer. No, Not when selling obamacare to the gullible public, but in private sessions where they plot the undermining of individual freedom and plan profligate spending. In case it’s unclear who this “single payer” is, it’s you and me. The taxpayers.