Health Insurers Raise Some Rates by Double Digits

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Health Insurers Raise Some Rates by Double Digits
By REED ABELSON
Published: January 5, 2013
http://www.nytimes.com/2013/01/06/b...arp-rise-in-premiums.html?pagewanted=all&_r=0

Health insurance companies across the country are seeking and winning double-digit increases in premiums for some customers, even though one of the biggest objectives of the Obama administration’s health care law was to stem the rapid rise in insurance costs for consumers.


Dave Jones, the California insurance commissioner, said some insurance companies could raise rates as much as they did before the law was enacted.
Particularly vulnerable to the high rates are small businesses and people who do not have employer-provided insurance and must buy it on their own.

In California, Aetna is proposing rate increases of as much as 22 percent, Anthem Blue Cross 26 percent and Blue Shield of California 20 percent for some of those policy holders, according to the insurers’ filings with the state for 2013. These rate requests are all the more striking after a 39 percent rise sought by Anthem Blue Cross in 2010 helped give impetus to the law, known as the Affordable Care Act, which was passed the same year and will not be fully in effect until 2014.

In other states, like Florida and Ohio, insurers have been able to raise rates by at least 20 percent for some policy holders. The rate increases can amount to several hundred dollars a month.

wtf?
 
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There's two things that I feared about Obamacare.
1# This...No you just made rates far worse. Don't fuck with the market place. Communist idiots don't have a clue of economics.
2# Killing innovation and driving out doctors out of the field. YAY, let's tax the shit out of cures for disease. Fucking dumb.


Good fucking going!
 
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So Obama and his comrades in arms LIED to you....................AGAIN?

come on we should be thanking Daddy Obama for the NEW GOVENMENT PROGRAM we get to PAY FOR:lol:
 
So Obama and his comrades in arms LIED to you....................AGAIN?

come on we should be thanking Daddy Obama for the NEW GOVENMENT PROGRAM we get to PAY FOR:lol:
Like the fucker who added The Dept of Homeland Security, I wonder how much that's costing us?

At least that was for the protection and safety of our country

ObamaTaxCare is the joke played on you all from the commie in this administration and you Dear Leader
 
Look at these people PRETENDING all was fine Before this health care act.


How stable were healthcare cost BEFORE this act?


they were skyrocketing you idiots
 
Critics, like Dave Jones, the California insurance commissioner and one of two health plan regulators in that state, said that without a federal provision giving all regulators the ability to deny excessive rate increases, some insurance companies can raise rates as much as they did before the law was enacted.

“This is business as usual,” Mr. Jones said. “It’s a huge loophole in the Affordable Care Act,” he said.

While Mr. Jones has not yet weighed in on the insurers’ most recent requests, he is pushing for a state law that will give him that authority. Without legislative action, the state can only question the basis for the high rates, sometimes resulting in the insurer withdrawing or modifying the proposed rate increase.

They have a state legislature, they have over $3 million in federal dollars through the ACA to improve their state rate review laws. And their insurance commissioner still wants the feds to step in and define the scope of his powers on behalf of Californians. Somewhere in here there's a lesson about what states are and are not capable of doing.
 
No one could have ever seen that coming, except those with half of a brain.

You bet.

Nothing the Govt gets involved in is ever cheaper or better.

Everyone who has HC coverage will be paying up the ass to cover those without. Obamacare is POS that we are now stuck with.
 

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