Because you voted for it.
Get ready Americans. You’re about to get f’ed. Again.
It started at $95 or 1 percent of income in 2014. The fact that it’s up to $695 may take consumers by surprise.
Now your ACA (Affordable Care Act) – ‘ObamaCare’ insurance is about to really be forced down your throats.
Keep this in mind though.
Among the difficulties for next year: Premiums are expected to go up more than they did this year, even if taxpayer subsidies cushion the cost. The most eager customers have already signed up. And many of those remaining appear to be stretching tight household budgets, with other financial priorities, like car repairs or putting money in savings accounts.
Sign-up season starts Nov. 1 and runs through Jan. 31. As a result of the law, the share of people in the United States lacking health insurance is at a historic low of about 9 percent, and the White House wants to keep that trend growing during Obama’s last full year in office.
Don’t worry. They’ll be back again for more next year!