Obamacare Architect: I was wrong. Expect steep increase in health care premiums. That sound you hear? The financial back of the middle class breaking

For over a year, in print and on the radio, I predicted that Obama’s health care plan would break the back the middle class financially, and that this was ultimately part of the plan. Dropped by their employers and with health care made so unaffordable that it is out of reach financially, the middle class would be forced to sign up for government programs they never would have considered before or go without. I was accused of trying to scare people. Yet one by one, each prediction I made is coming true.

Hence today’s headline: Obamacare  architect: Expect steep increase in health care premiums.

It appears that things are right on track. I predicted that premiums would skyrocket with middle-class workers forced to carry the uninsured on their backs. I was right.

Medical insurance premiums in the United States are on the rise, the chief  architect of President Barack Obama’s health  care overhaul has told The Daily Caller … Massachusetts Institute of Technology economist Jonathan Gruber, who also  devised former Massachusetts Gov. Mitt Romney’s statewide health care  reforms, is backtracking on an analysis he provided the White House in support of the  2010 Affordable Care Act, informing officials in three states that  the price of insurance premiums will dramatically increase under the reforms.

Turns out that Gruber, the infallible go-to guy the media quoted exhaustively during the Obamacare debate, wasn’t exactly an impartial source on this. He was bribed with $392,600 in no-bid contracts the Department of Health and Human Services “awarded”  to him while he was advising the White House on the so-called “Affordable Health Care Act.” He failed to disclose this at the time.

Here’s what Gruber told the Daily Caller:

“It is true that even after tax credits some individuals are ‘losers,’” he  conceded, “in that they pay more than before [Obama’s] reform.”

Those “losers” will of course be the middle and upper middle class. As one who has scrutinized the so-called government “subsidies” workers will get to buy health insurance after their employers choose to no longer provide health care coverage, as most will, let me explain what happens next.

First, as Gruber, the lying bastard, finally discloses, Obamacare will dramatically increase the costs of health insurance and health care by saddling companies with crushing premiums to pay for the uninsured. Companies will quickly dump health care coverage, saddling middle class workers with crushing premiums when they are forced to by government mandated insurance on a fixed market where all products are the same and cost the same.

Something else is going on here too that many middle class workers may not catch onto until their employer dumps their health insurance.

Here’s how that math worked in 2009, when my company’s HR rep helped me construct it.

Cost of family health care plan for my family of four through work: $13,900

Share borne by worker/family: roughly $4,000

Share borne by the company: $9,900

Problem is that families making over $80,000 were only eligible for subsidies of $5,500 and quickly decreasing to nothing. So that means they have to come up with the rest of the $8,900 themselves. that their companies once provided. And good luck extracting it from your employer in this economy, especially when they are already paying the government a fine for not covering you.

At the time, I’d do radio  call ins asking where families of four making $80,000 plus would find the extra roughly $10,000 a year to pay for this when Obamacare took effect after their companies dropped them. Ideas spanned the course from selling one of the familiy’s cars/no more family vacations etc. to simply going without and paying the fine.

But families making $80,000+ are rich, you say. Nope. That’s two people married to each other making what, $40,000 to $45,000 each?

Now assume that the cost of that health care plan is 30 percent higher by 2014 than it was in 2009, which with annual premium increases already at eight to 10 percent is conservative. And you get the picture. Heck, if Gruber is right, it could easily hit a ball park 50 percent higher, once regular annual increases are figured in.

Former DNC chairman Howard Dean has always been open about the fact that regardless of what Obama claims, the goal of Obamacare was to force employers to dump their workers onto the exchanges.

That cracking sound you hear is the financial back of the middle class breaking.