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STUDY: HEALTH INSURANCE PREMIUMS UP 90% IN NH BECAUSE OF OBAMACARE

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Concord - An independent study released today shows that health care premiums are "skyrocketing" and have increased 90% in New Hampshire because of ObamaCare. Forbes Magazine reports that premiums "are showing the sharpest increases perhaps ever" because of a "combination of four factors set in motion by ObamaCare: Commercial underwriting restrictions, the age bands that don't allow insurers to vary premiums between young and old beneficiaries based on the actual costs of providing the coverage, the new excise taxes being levied on insurance plans, and new benefit designs."

"This survey confirms that ObamaCare is an unmitigated disaster that is raising the cost of health care for the middle class. Senator Jeanne Shaheen, Governor Maggie Hassan and Representatives Annie Kuster and Carol Shea-Porter have enthusiastically championed ObamaCare and they are directly responsible for imposing it on New Hampshire," said NHGOP Chairman Jennifer Horn. "Senator Shaheen could have stopped this disastrous law. Instead she chose to vote in lockstep with President Obama as she has done 99 percent of the time. Thanks to her, working families are losing their health insurance, paying more for coverage, and being forced to give up their doctors. Senator Shaheen should be ashamed of herself and apologize for repeatedly lying to her constituents about the disastrous consequences of this terrible law." 

Morgan Stanley's healthcare analysts conducted the survey of insurance brokers from across the country.