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LOL, and what would have happened to the rates had the healthcare bill not been passed? Of course, they are going to say they have to raise rates because of Obamacare, Insurance companies were the biggest opponents to the bill! So, now they have perfect scapegoat when they jack up their rates, even though they were going up regardless, just like they have been for years.
The healthcare bill fell far short of containing costs, but to actually believe that the rates are only going up because of "Obamacare" is ridiculous.
Yes it is.
So what's your point? You agree the law leaves insurers under-regulated?
Yes it is.
So what's your point? You agree the law leaves insurers under-regulated?
Under regulated?
So what's your point? You agree the law leaves insurers under-regulated?
Under regulated?
That's the point the article in the OP is making.
What a perfect example of a cretin. Fidel Castro: Cuba's Communism Not Working
FOXNews.com - Fidel Castro: Cuba's Communism Not WorkingThe fact that things are not working efficiently on this cash-strapped Caribbean island is hardly news. Fidel's brother Raul, the country's president, has said the same thing repeatedly. But the blunt assessment by the father of Cuba's 1959 revolution is sure to raise eyebrows.
MSNBC reports that the White House is using their patented bully technique to force insurers to say their increases are not Obamacare related. Nice.
Like this should be a surprise to anyone. Mandate more coverage, you thereby mandate higher rates.
Health Insurance Companies Dramatically Increase Premiums Due To The New Health Care Law And There Is Not Much We Can Do About It
Like this should be a surprise to anyone. Mandate more coverage, you thereby mandate higher rates.
Health Insurance Companies Dramatically Increase Premiums Due To The New Health Care Law And There Is Not Much We Can Do About It
Like this should be a surprise to anyone. Mandate more coverage, you thereby mandate higher rates.
Health Insurance Companies Dramatically Increase Premiums Due To The New Health Care Law And There Is Not Much We Can Do About It
This is why we need a single payor system.
Aetna Inc., some BlueCross BlueShield plans and other smaller carriers have asked for premium increases of between 1% and 9% to pay for extra benefits required under the law, according to filings with state regulators.
These and other insurers say Congress's landmark refashioning of U.S. health coverage, which passed in March after a brutal fight, is causing them to pass on more costs to consumers than Democrats predicted.
In addition to pledging that the law would restrain increases in Americans' insurance premiums, Democrats front-loaded the legislation with early provisions they hoped would boost public support. Those include letting children stay on their parents' insurance policies until age 26, eliminating co-payments for preventive care and barring insurers from denying policies to children with pre-existing conditions, plus the elimination of the coverage caps.
Weeks before the election, insurance companies began telling state regulators it is those very provisions that are forcing them to increase their rates.
Previously the administration had calculated that the batch of changes taking effect this fall would raise premiums no more than 1% to 2%, on average.
Insurers Pin Rate Hikes on Health Law - WSJ.com
President Barack Obama's top health official on Thursday warned the insurance industry that the administration won't tolerate blaming premium hikes on the new health overhaul law.
"There will be zero tolerance for this type of misinformation and unjustified rate increases," Health and Human Services Secretary Kathleen Sebelius said in a letter to the insurance lobby.
"Simply stated, we will not stand idly by as insurers blame their premium hikes and increased profits on the requirement that they provide consumers with basic protections," Sebelius said. She warned that bad actors may be excluded from new health insurance markets that will open in 2014 under the law. They'd lose out on a big pool of customers, as many as 30 million people nationwide.
The letter to America's Health Insurance Plans was the latest volley in a war of words over who gets the blame for rising premiums. Polls show that many people expect their costs to go up as a result of the law, but there's also widespread mistrust of the insurance industry.
An HHS official said the letter is a pre-emptive move, after the department learned that several smaller carriers around the country are blaming the new law for rate increases this year.
The Associated Press: HHS to insurers: Don't blame us for your rates
i don't know how ANYONE with a brain that is working, can take the health insurance company's word that it is ''obama care'' that has made them raise their prices 3% in 2010? Just analyzing the chart of their increases in premium prices for the past 10 years can clearly see that they have raised their prices EVERY SINGLE YEAR....did obama care make them go up the past 10 yrs?
you are being fooled by their propaganda....
and the person in rabbi's example said her prices went up 50% because of Obama care, do you really believe this?
sheesh...
i don't know how ANYONE with a brain that is working, can take the health insurance company's word that it is ''obama care'' that has made them raise their prices 3% in 2010? Just analyzing the chart of their increases in premium prices for the past 10 years can clearly see that they have raised their prices EVERY SINGLE YEAR....did obama care make them go up the past 10 yrs?
you are being fooled by their propaganda....
and the person in rabbi's example said her prices went up 50% because of Obama care, do you really believe this?
sheesh...
President Barack Obamas top health official on Thursday warned the insurance industry that the administration wont tolerate blaming premium hikes on the new health overhaul law.
There will be zero tolerance for this type of misinformation and unjustified rate increases, Health and Human Services Secretary Kathleen Sebelius said in a letter to the insurance lobby.
Simply stated, we will not stand idly by as insurers blame their premium hikes and increased profits on the requirement that they provide consumers with basic protections, Sebelius said. She warned that bad actors may be excluded from new health insurance markets that will open in 2014 under the law. Theyd lose out on a big pool of customers, as many as 30 million people nationwide.
