Health Insurance Reform – Top Insurance Execs Say Premiums Will Go Up and Coverage Will Change

You knew this was coming – anytime there is a government solution, no matter which party proposes it, it makes things worse.

Many, many times during the health care debate, President Obama promised the American people that if they have insurance and they are happy with it, then it would not change under the Democrats’ national health care proposal. “Under the plan, if you like your current health insurance, nothing changes, except your costs will go down by as much as $2,500 per year,” Obama promised on his transition website before assuming office. Once in the White House, he repeated that promise over and over and over.

You didn’t really believe that, did you? Good. To confirm your suspicions, read the new BusinessWeek interview with Ron Williams, the chairman and CEO of Aetna Insurance, which covers more than 36 million Americans:

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Just for reinforcement – AT&T just took a $1Billion dollar write-down to cover anticipated costs of Health Care “Reform”.

Read that story here