From the Friday news dump comes this little gem:
Residents of states that refuse to set up health insurance exchanges under Obamacare are set to be hit with higher premiums under new rules announced by the Health and Human Services Department.
Insurance companies will be charged 3.5 percent of any premiums they sell through the federal exchanges, the department announced Friday.
And insurers are likely to pass that surcharge on to clients, leading to higher premiums.
The WaPo attempts to
spin the wording soften the blow a bit, by calling the exchange surcharge a “user fee.” But wait, isn’t that Newspeak for tax?