"Despite promises that the law will lower costs, [Obamacare] will in fact cause the premiums of many Americans to spike substantially," a report released by the U.S. House of Representatives Committee on Energy and Commerce concluded. "The broken promises are numerous, and the data reveals that many Americans, from recent college graduates to older adults, will not be able to afford the law's higher costs."(emphasis added)
The report is based on responses from 17 insurance companies to a letter from Congress asking them to estimate the effects Obamacare would have on premiums and found that individuals in about 90% of all states would likely face "significant premium increases." Furthermore, the committee found that some individuals may see premium increases up to 413%.
Editor's Note: How much extra will you have to pay? ...... On top of higher premiums, Obamacare will create no fewer than twenty new taxes or tax hikes on the American people. Most of the new taxes go into effect January 1, 2014, but they are already infuriating millions of Americans.
The Obama administration has even given the IRS an extra $500 million to enforce the rules and regulations of Obamacare.
See? What I said!
You're screwed, blewed and tattooed. Don't like it? Tough! The New President CAN and WILL enforce his unconstitutional regulations which FORCE you to buy his snake oil.
Resistance is futile; you will be assimilated!