Health insurance rates are increasing by leaps and bounds. Our employer-provided plan increased our premium 18% last year, and 24% this year with no significant change in coverage. Individual plans are seeing even higher increases, notwithstanding Obama's rhetoric in 2008 that "if we do not pass this reform bill then insurance rates will keep increasing," and his promises that "health care reform" would "cut the cost of health care."
Blue Shield is seeking a rate increase of 35% for individual policies due, they say, to "increased medical costs, sicker policyholders and healthier people dropping coverage because of the economy." The requirement for all individuals to carry health insurance does not come into play for several years, but requirements for insurance companies to cover sicker individuals are in force now.
No one could have foreseen that delaying the "individual mandate" for several years while immediately requiring coverage of additional sick people would cause insurance companies to raise premiums.