The Spark

“The emancipation of the working class will only be achieved by the working class itself.” — Karl Marx

Health Care Giants Admit Rates Will Rise

Mar 18, 2013

Some of the biggest health care insurance companies admit they expect premiums to rise anywhere from 20 to 100 per cent on some plans in 2014.

Big surprise! Have we ever seen anyone predicting health insurance rates to fall? Despite the fact that health care inflation went down in the past year! These major insurance carriers are using the nationwide Affordable Care Act as an excuse to do what benefits them, even though it is clear that laws that extend health care treatment to all usually drive costs down.

These insurance giants will never do anything but drive prices higher. A government that truly represented the population would impose price controls and outlaw the practice of making profits off of others’ illness and misery.