Last week Covered California officials were crowing about how the Obamacare health insurance exchange prices turned out to be less than the pre-Obamacare prices. I dismissed that as ludicrous on its face, but didn't dig in to find out how they got those numbers. Now others have done so, and as I expected, the Covered California claims are bogus. Basically, they compared 2013 individual rates to 2014 employer rates – very much apples and oranges. But it made a good sound byte, and the lamestream media faithfully picked it up and repeated it – so now all the low information voters are convinced their insurance rates are going down.
They have a surprise awaiting them.
Not a happy surprise.
California. Doom...
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