In Pennsylvania, the number of insurer has dwindled down from 13 to 8 and premiums are expected to rise 53%.
According to Aetna Inc. Chief Executive Officer Mark Bertolini, "As the rates rise, the healthier people pull out because the out-of-pocket costs aren’t worth it."
Given that, premiums are going up an average of 25% for next year. In Arizona alone, premiums are skyrocketing by a whopping 116%.
The American voter seems to have a very short memory. Here are a couple of items you should consider when you vote.
1. MIT economist Jonathan Gruber, the architect of Obamacare, mocking "the stupidity of the American voter" for not understanding the "true cost" of the Affordable Care Act.
2. President Obama PROMISING to lower health insurance premiums by $2,500 per year. Instead health insurance premiums climbed by 4.2% on average. Virginia, for example, will see its premiums jump between 3% and 67%. Listen to his own words. Think about it.