Insurance premiums are skyrocketing in America, according to one of the masterminds behind Obamacare.
Jonathan Gruber, an economist who helped devise President Obama’s overhaul of the healthcare system, is walking back his initial forecasts about insurance premiums.
Gruber, … backtracking on an analysis he provided the White House in support of the 2010 Affordable Care Act, informing officials in three states that the price of insurance premiums will dramatically increase under the reforms.
In an email to The Daily Caller, Gruber framed this new reality in terms of the same human self-interest that some conservatives had warned in 2010 would ultimately rule the marketplace.
"The market was so discriminatory," Gruber told TheDC, "that only the healthy bought non-group insurance and the sick just stayed [uninsured]."