It may not have been easy for Blue Cross Blue Shield to admit to their clients their premiums are set to rise by 60% due to Supreme Court-mandated tax known as "Obamacare" but it would have been the right thing.
Instead, in justifying the boost to the two-month medical premium from $867 to $1.365, the health insurer decided to use the following excuse: "With advances in medical technology, prescription drugs and ways to treat injuries and illnesses, Americans are living healthier lives. [i.e., living longer] Because of these changes, we must adjust your premium to stay in line with increased costs."
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The Stunning "Explanation" An Insurance Company Just Used To Boost Health Premiums By 60%
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