Monday, September 30, 2013

David R. Craig on Health Insurance Exchange / Government Shutdown

David R. Craig on Health Insurance Exchange / Government Shutdown
For release 9.30.13
Contact: Jim Pettit

Harford County Executive and Maryland candidate for Governor David Craig released the following statement today: 

“The Affordable Care Act has become a flash point in Congressional negotiations to continue government operations and for good reason. The unpleasant surprise with this law is that it’s not really affordable at all.  Maryland's least expensive Obamacare plan will be 83% higher than the lowest-cost plan sold in the state this year.

“People are struggling with the worst economic recovery in our lifetimes, have faced down record tax, fee and toll increases, and now they are forced to pay 83% higher insurance costs. This is a massive health care tax politicians are attempting to brand as something else, and they are forcing people to buy it."



The Maryland Insurance Administration and the GAO analyze similar policies available to similar age groups.  A young person buying exchange insurance under the so-called “bronze plan” will pay $1368 in  annual premiums, according to the state agency.  Yet this year, according to the federal GAO, that person pays just $744 in annual
premiums, an 83% difference.

Government Accountability Office Report:

Maryland Insurance Administration Report:

Investor's Business Daily state rate hikes:

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