The nation's health insurers continue thumbing their noses at the new law, and most certainly at Congress. Think Progress reports:
Last Tuesday, CIGNA CEO David Cordani told Neil Cavuto that health care premiums will continue to increase despite the new health care law. And in an interview with Charlie Rose, Aetna CEO Ron Williams said that his company also plans to jack up rates:
ROSE: Will insurance premiums go up?
WILLIAMS: The answer is yes, and some of the things that will drive those premiums are significant additional taxes the industry will ultimately have to pay in the first year.
Williams is lying. In fact, the health care law does not tax insurance issuers until 2014.
Premiums would go up with or without reform--that's what insurance companies do, now they just think they have a handy scapegoat to pin it on. Just their way of pushing the repeal effort without actually having to spend money on it.