“A new GOP bill would require health insurance companies to describe their tax burden under healthcare reform to consumers in annual statements. Rep. Greg Walden (R-Ore.), a critic of the Affordable Care Act, said the measure would inform patients about the law’s “nearly trillion dollars in taxes” and how they might affect premiums. ‘If the federal government is going to play such a big role in our healthcare going forward, we have the right to know just how much it costs us,’ Walden said in a statement.”
“It turns out President Obama was right when he said his health care law wouldn’t add one dime to the federal deficit.1 Figures from the Government Accountability Office suggest that the Patient Protection and Affordable Care Act will in fact add 62 trillion dimes over the next 75 years.”
“Some Americans could see their insurance bills double next year as the health care overhaul law expands coverage to millions of people. The nation’s big health insurers say they expect premiums – or the cost for insurance coverage – to rise from 20 to 100 percent for millions of people due to changes that will occur when key provisions of the Affordable Care Act roll out in January 2014.”