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The Real Cost Of Obamacare

Gruber Changes His Mind

Received: 11Feb2012

The same guy who reported that Obamacare would reduce premiums, who also got hundreds of thousands of dollars from Obama, is now singing a different tune.

During his presentation to Wisconsin officials in August 2011, Gruber revealed that while about 57 percent of those who get their insurance through the individual market will benefit in one way or another from the law's subsides, an even larger majority of the individual market will end up paying drastically more overall.

"After the application of tax subsidies, 59 percent of the individual market will experience an average premium increase of 31 percent," Gruber reported.

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