News out of Washington this week made many Americans cry, “Ouch!”
Of course, we are talking about President Obama’s signature legislation, the Affordable Care Act, which is in a full-on death spiral.
Just weeks before the election, the Department of Health and Human Services has announced the premium increases for ObamaCare for next year. And — spoiler alert — there hasn’t been a single year in which they have become more “affordable.”
Unfortunately, sitting around the kitchen table planning your family budget for next year just got a whole lot more difficult. In 2017, the average mid-level ObamaCare plan — a “Silver Plan” — will cost you 22 percent more than 2016.
Let’s start with the obvious. The average middle-class worker in America isn’t getting a 22 percent raise next year.
No, after the lost decade during which wages didn’t budge, this year we may end up with a minor increase of maybe, just maybe, a mere 2 percent.
But the ObamaCare clowns — consultant Jonathan Gruber and plan architect Dr. Ezekiel Emanuel — are out in full force, saying that if you switch plans, you can avoid the increase.