Real American
Rookie
- Jan 7, 2011
- 58
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- Banned
- #21
I don't have much time, but off the top of my head I can say insurance premiums are going up because of it, which would mean the cost of employees go up, which would mean companies will hire less of them.
Why don't you ask Obama why he's handing out waivers to companies so they don't have to abide by the new "wonderful", "job creating", "you can keep your insurance" health care bill?
health care premiums have been rose approx 87% from 2000 to 2006 according Kaiser.
2008 saw a 9.9% increase, 2009 saw a 9.2% increase and 2010 a 9.0% increase. are skyrocketing health care costs a new thing?
2011 is expected to see another 9% increase, just about the same as 2010. the difference is that in 2011 more employers are requiring the employee to pick up more of the costs. thus the out of pocket costs that employees see is rising by about 12%. (thats according to AARP) so who is to blame here for this actual increase? the insurance companies who have been increasing their rates for a decade, the employers who are making thier employees share more of the burden, or the health care law that hasnt even gone into full effect yet?
and the new law actually prohibits insurance companies from raising the rates on targeted individuals, and makes them raise rates on everyone in the plan instead.
maybe you should do a little research on what a waiver for health care is:
To ensure that we protect the coverage that these workers have today until better options are available for them in 2014, the law allows HHS, in extreme cases, to issue temporary waivers from the phase out of annual limits. There are some important facts to remember about these temporary waivers:
- The waivers only apply to one provision of the law the provisions phasing out annual limits. Insurance companies and employers that receive waivers must comply with all other parts of the Affordable Care Act.
- The waivers last one year. Insurance companies must reapply for the waivers each year between now and 2014 when annual limits on coverage will be completely prohibited and individuals will have more affordable and better private insurance choices in the competitive Exchange markets.
- All employers and insurers that offer mini-med plans may apply for a waiver if they demonstrate that there will be large increases in premiums or a significant decrease in access to coverage without a waiver. You can read a list of employers and insurers that have received waivers here.
Why will the failure in 2014 be any different than the failure in 2010?
thanks for once again avoiding the question.