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California Officials Deliberately Mislead Public on Obamacare Rate Shock

Michael F. Cannon
http://www.cato.org/blog/california-tries-save-obamacare-misleading-californians?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Cato-at-liberty+%28Cato+at+Liberty%29&utm_content=LiveJournal

"The Manhattan Institute’s Avik Roy crunched some numbers and found:
The data that Lee released tells a different story: Obamacare, in fact, will increase individual-market premiums in California by as much as 146 percent… For both 25-year-olds and 40-year-olds, then, Californians under Obamacare who buy insurance for themselves will see their insurance premiums double."

"All of that supports my thesis: officials at Covered California, like those running all the other Obamacare exchanges, owe their power and their paychecks to Obamacare. They will fight to preserve the law, even if they have to deliberately mislead the public."
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