On the recordMay 7, 2013
Thank you very much. I want to thank my colleague from Tennessee. I've practiced for 28 years before coming to the body here 2 years ago. Part of the reason is because of what the gentleman from Georgia mentions, the train wreck, to use the Senator's term, the train wreck that's coming upon us. Mr. Speaker, the people in Maryland got a little rude awakening last week when BlueCross Blue Shield CareFirst, which is our nonprofit provider in Maryland, announced their new rates in the individual market on these exchanges that the gentleman from Georgia mentioned. Now, in Maryland we're going to have an exchange October 1. You're just not going to be able to afford to buy the insurance on the exchange because that nonprofit insurer announced that their average increase was 25 percent--25 percent increase in the already high cost of health insurance. And it ranged from a small savings in a small number of people to--and I want you to hear this number--150 percent increase for healthy young people, a 150 percent increase in the premium to the people who are supposed to make that decision to do the right thing and buy insurance. So this is the decision someone's going to be faced with coming out of high school or college, getting that first job, is: Should I buy health insurance? Maybe my employer no longer offers it because of the penalties that are in this bill and the mandates, so their employer may not offer it.…





