Californians brace for 59% premium hike

Discussion in 'Healthcare/Insurance/Govt Healthcare' started by Real American, Jan 7, 2011.

  1. Real American
    Offline

    Real American BANNED

    Joined:
    Jan 7, 2011
    Messages:
    58
    Thanks Received:
    4
    Trophy Points:
    0
    Ratings:
    +4
    Blue Shield of California proposes 59% premium rate hike - Jan. 7, 2011

    One of California's largest health insurers - Blue Shield - announced plans to hike its premiums by as much as 59%.

    The jacked up premium rates are set to take effect on March 1, pending review from state insurance regulators. The move impacts 193,000 individual Blue Shield policy holders.


    The company, a member of the Blue Cross Blue Shield Association with 3.3 million members, which announced the move late Thursday, stressed that its decision has "almost nothing to do with the federal health reform law" and that ultimately the law will help slow down health care costs.

    hahaha premium increases of 59% and they specifically state that its not because of the health care law. lets hear the GOP defend this one..
     
    • Thank You! Thank You! x 1
  2. Oddball
    Offline

    Oddball BANNED Supporting Member

    Joined:
    Jan 3, 2009
    Messages:
    41,428
    Thanks Received:
    8,397
    Trophy Points:
    0
    Location:
    Drinking wine, eating cheese, catching rays
    Ratings:
    +8,409
    I note that the unnamed "member of the Blue Cross Blue Shield Association" fails to point to what is responsible for the exorbitant rate increase, or how the stupid Obungler care is supposed to make those rates go down.

    Nothing to see here.
     
  3. Real American
    Offline

    Real American BANNED

    Joined:
    Jan 7, 2011
    Messages:
    58
    Thanks Received:
    4
    Trophy Points:
    0
    Ratings:
    +4
    actually he says this:
    "But responding to this most recent increase the company said, "our individual market medical costs are rising rapidly due to higher provider prices, increased utilization, and the fact that healthier people are dropping coverage during a bad economy," the company said."

    or did you miss the 4th paragraph?
     
  4. Oddball
    Offline

    Oddball BANNED Supporting Member

    Joined:
    Jan 3, 2009
    Messages:
    41,428
    Thanks Received:
    8,397
    Trophy Points:
    0
    Location:
    Drinking wine, eating cheese, catching rays
    Ratings:
    +8,409
    I missed the part where the nondescript spokeshole was named.

    Oh yeah, they weren't named.
     
  5. Trajan
    Offline

    Trajan conscientia mille testes

    Joined:
    Jun 17, 2010
    Messages:
    29,048
    Thanks Received:
    4,751
    Trophy Points:
    48
    Location:
    The Bay Area Soviet
    Ratings:
    +4,756
    I love this-


    ( they are just sheep....Obama pick up the red not so courteous phone please...)

    and


    oh of course...well good luck getting that increase anyway. Sibelius has a Zero tolerance policy for this kind of thing, I am gonna keep an eye on this event.


    let me bend that cost curve for you sir....olive?
     
  6. Real American
    Offline

    Real American BANNED

    Joined:
    Jan 7, 2011
    Messages:
    58
    Thanks Received:
    4
    Trophy Points:
    0
    Ratings:
    +4
    your reading comprehension is really lacking.

    the company had to file paper work stating their intent to increase premiums. the company is not disputing this at all. they freely released the information. this isnt an insider report, they company is freely admitting this.
     
  7. Revere
    Offline

    Revere BANNED

    Joined:
    Jan 23, 2010
    Messages:
    7,427
    Thanks Received:
    415
    Trophy Points:
    0
    Location:
    Watching you in my profile page
    Ratings:
    +415
    The state insurance board or commissioner, i.e., government, will sign off on a rate increase.
     
  8. Trajan
    Offline

    Trajan conscientia mille testes

    Joined:
    Jun 17, 2010
    Messages:
    29,048
    Thanks Received:
    4,751
    Trophy Points:
    48
    Location:
    The Bay Area Soviet
    Ratings:
    +4,756
    who was that for?
     
  9. Trajan
    Offline

    Trajan conscientia mille testes

    Joined:
    Jun 17, 2010
    Messages:
    29,048
    Thanks Received:
    4,751
    Trophy Points:
    48
    Location:
    The Bay Area Soviet
    Ratings:
    +4,756
    there vill be Sero Tolracne for dis type of games !!!!!
     
  10. Revere
    Offline

    Revere BANNED

    Joined:
    Jan 23, 2010
    Messages:
    7,427
    Thanks Received:
    415
    Trophy Points:
    0
    Location:
    Watching you in my profile page
    Ratings:
    +415
    Since government already regulates rate increases, what will more government do where rate increases are concerned?
     

Share This Page