Health Care Reform Amazing Retroactive Abilities

Fred Dooley, at Real Dimwits Wisconsin, was sharing a conversation he allegedly had with his "socialist boss." In said conversation, Dooley is mewling about how his insurance rates have gone up, all because of that dastardly Barack Obama and his health care reform, not corporate greed or anything like that:

ME: good lord insurance has gone up
SB: well, of course
ME: what are you talking about? I thought insurance was supposed to go down?! It has more than tripled for me because of all the new regulations, some companies have just decided to either jack their rates or get out of the biz.
SB: if you believe that, I’ve got some swamp land in florida….
ME: you cannot be serious! You think they are just jacking up their rates for the money and nothing else? SB, I spent about 2and a half hours in the insurance ladies office just going over my new options!
SB: of course its only about the money. The regulations only help.

I anxiously await when Dooley shares the conversation with his boss about how health care reform actually went back in time and that it wasn't profits or anything like that that caused insurance rates to jump higher every year, sometimes by double digit. Of course, in order to do so, Dooley will have to pull out his secret weapon of ignoring the truth:

Over the past decade, the largest health insurance companies have seen a disproportionate increase in profits of 250%, or 10 times the rate of inflation. During the past year alone, there has been a double-digit increase in health insurance premiums.1

In response to such increases, the new health care reform law, the Patient Protection and Affordable Care Act (“Affordable Care Act,” or ACA), requires the secretary of health and human services, along with individual states, to establish a process for the annual review of unreasonable increases in health insurance premiums. As a result of the new statutory language, the Department of Health and Human Services (DHHS) and all relevant states will now review proposed premium increases, and health insurers will be required to justify any increases that these authorities consider unreasonable.