No, Obamacare is not making your insurance premiums go through the roof.

[Egalitarian Thug]

39. No, it hasn't. It is going exactly as the people that tried to warn you predicted it would.

They set the so-called cap above then current industry wide profit margins, they gave the insurance companies carte blanche to squeeze as much as the market will bear. The only reason increases have slightly slowed is because their customers are simply reaching the break-point where it becomes cheaper to eat the penalty and drop out.

Did you pay any attention at all to the debates when this was all being created? Every bit of this was predicted in excruciating detail. Did you even notice when the original 15% cap was raised to 20% after the most profitable insurance company that year reported an 18% margin?

Have you read any of the industry's reports? Have you read the actual accounts related by actual people? Did you bother to read any of the replies to Joan's diary? Have you even read the replies or watched the videos in your own thread? Even the chart used in the original diary to "prove" this irrelevancy is shamelessly skewed to reflect the initial reaction to the passage of this idiocy.