Obamacare hits Maine like a Nor'easter: policyholders to see rate increases up to 47 percent today

Let me guess: it's Bush's fault:

Some policyholders could see 47 percent hike when health insurance rate increase kicks in March 1

About 7,000 Maine customers of Mega Life and Health Insurance Co. will be affected by a rate change set to take effect March 1... While some policyholders will see their health premium costs drop... others will be hit with rate hikes of up to 47 percent...

...Richard Barclay, 67, of Holden said he received a letter from the company last week stating that his wife’s individual policy would jump from $323 to $449 a month, a nearly 40 percent increase. He looked into a similar plan offered by Anthem, but it carried hefty costs for visiting medical providers outside the insurer’s network, he said.

Faced with paying the higher Mega rate for another 19 months, after which his wife will qualify for Medicare at age 65, Barclay said the couple may drop her coverage... “If there are no [health] issues come January, we’re probably going to go with no insurance,” he said.

The letter from Mega about his wife’s policy, a $7,500 deductible plan, cites rising “health care-related costs” as the reason for the rate increase, Barclay said.

...Mega ultimately will net an estimated profit margin of 3 percent, according to the insurance bureau.

Three percent profit margins. Those greedy SOBs.

Gee, what happened to:

"The average family will see their premiums go down by as much as $2,500 a year."

"If you like your health care plan, you can keep your health care plan."

"If you like your doctor, my plan won't prevent you from seeing your doctor."

All promises straight from the mouth of Obama. And all obvious lies. Every single one.

And now the progressives, the drones, and the other Leftist miscreants are mad at the health insurers, because they're trying to keep up with all of the mandated services from the federal government?

Friends, these are the tactics of a despot: set rules for industry that are impossible to meet, then demonize that industry when it inevitably fails to deliver affordable products and services. And then nationalize that industry.

We are headed for the dustbin of history, like Venezuela, like the Soviet Union, like Cuba, and half the people in this country still aren't seeing what's going on right before their eyes. Tyranny is coming.