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Being sent the letter to show him his rates would be going down. he was on the show a couple weeks ago and here was his reaction. i thought that i was getting a rate decrease because the affordable care act. when they bill you, they bill you two months in advance. so what they do in the letter is they give you the premium of one month. so when you extrapolate the numbers and realize, gee, that s only a one month payment, it s pretty shocking when you see the two-month bill. 21.7% increase. if i continue to receive increases like that over the next five years, i ll pay more in health care expenses in the fifth year than the average median income of the american worker. steve: we ran that sound bite from mr. malloy a couple of hours ago and since then, we ve received a number of e-mails from you out there who said i got the same letter in my state. going to 18, 19, 20%. andrew: that is the average in ohio. it s not just this gentleman and his family. it s all of the middle class. ....
andrew: per month? steve: that was a lot more than he was paying and when he got it, his jaw dropped. he joined us on fox & friends . i thought that i was getting a rate decrease because the affordable care act, cause when they bill you, they bill you two months in advance. so what they do in the letter is they give you the premium of one month. so when you extrapolate the numbers and realize gee, that s only a one-month payment, it s pretty shocking when you see the two-month bill. 21.7% increase, if i continue to receive increases like that over five years, i ll pay more in health care expenses in the fifth year than the average median income of the american worker. steve: that s crazy. andrew: this is what happens when the government tries to tell businesses how to operate their businesses. so the government says starting a year from now, you can t raise premiums no matter what your costs are? all of them are going to go up now. rather than letting the free market set th ....
A rate decrease because of the affordable care act. what they do in the letter is they give you the premium of one month. when you extrapolate the money and realize that is only a one month payment, it s pretty shocking when you see the two-month bill. 21.7% increase. if i continue to receive increases like that over the next five years, i ll pay more in health care expenses in the fifth year than the average median income of the american worker. steve: dan, it s called the affordable care act. i thought it was going to be more affordable, more people would have health insurance they hadn t had before. everything would be better. it s not! you know, we were all led to believe that. this administration based the original platform on transparency, and it s been nothing of that. if you look at the 10,000 pages-plus of legislation that goes into the affordable care act, it s a ....
Austerity plan in place in the eurozone greece s unemployment rate is 21.7%. 136,000 businesses are expected to close in greece this is year alone. yes. if you have regulatory regime as greece does, if you spend like crazy and put every third person on the government payroll as greece does, if you pay the government workers more than everybody else, it doesn t work very well. greece and europe are basically california and illinois in five years if we keep going on obama s path. that s what we want to avoid. that s what this election is about. are we going to end up like that or go back to what the united states has traditionally been. okay. i won t tell anybody from california that they are the new greece. moving on beyond that. they re on their way. grover, late talk about the rhetoric around this were debt limit because on a certain level, it seems like compromise has gone the way of the dinosaur. a quote you gave to the hill over the weekend talking about ....
O osmond s son committed suicide. an autopsy might be completed today. jeff skilling are trying to get his 24-year sentence reduced. they claim the law used to convict him is too vague to be constitutional. the supreme court will hear arguments today specifically about a 28-word addendmentm to the fraud statute used against skilling. we return to our developing story this morning. saturday s magnitude 8.8 earthquake was 500 times, at least, stronger than the 7.0 earthquake that hit haiti last month, but chile is expected, as we ve seen now, to suffer far less. one reason chile s earthquake occurred at a depth of 21.7 miles, haiti s quake was 8.1 miles deep. much more shallow there. joining us to talk about this is ....