An 18.4% Hike in Premiums? Are You Kidding?


Here’s a journalist who takes seriously the advice of rabblerousing scribe  I.F. Stone: you can find out astonishing things about what your government is doing if you just read the reports they issue.

Emerson Lynn read a report just issued by the Shumlin Administration called “Act 48 Integration Report: The Exchange,” and found some astonishing fact, facts that made him ask the question “An 18.3% hike in premiums? Are you kidding?”  And then he answers his own question: unfortunately, they are not.

Here is Mr. Lynn’s op-ed: http://www.vermonttiger.com/content/2012/02/an-184-percent-hike-in-premiums-are-you-kidding.html

(Click here for the Shumlin Administration’s report. The 18.4% rate increase shows up in two tables on pages 38 and 39.)

Mr. Lynn worries that not enough legislators will read this report for themselves before voting to herd individuals and small businesses into this version of an Exchange.

This isn’t scare tactics, my friends. This is the Shumlin Administration’s own report about what they are doing. But yes, it is scary if you are a small business….

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