AKA Attila the Grandma,
Jonah Goldberg's Odd Links Gal
Monday, January 7, 2013
Health insurance rates going up by double digits: NYT
Why should this surprise? The must-issue regulation built into ObamaCare increases costs for the insurers, who cannot draw all of the needed revenues from the high-risk pool, thanks to mandates on rates. That means those costs have to get spread out to everyone in the pool. This is nothing more than Risk Pool 101, a course that Congress flunked repeatedly in the ObamaCare debate.