Obamacare Premiums to Soar- 20- 40%

[dblack]

It's the government control that is causing the increase in premiums. Just like Obama's credit card reform. All it did was raise those with excellent credit ratings interest rates. Someone has to pay for the boondoggle

-Geaux

The rate increases have nothing to do with the government. It's the insurance companies blaming it on people using their insurance too much and them having to pay out more than they expected, yet while they tell us this, they are exceeding earnings expectations. Based on their reasoning for needing these increases, you would expect that they were either showing earnings below expectations or even actually losing money. Neither is the case, so they are not being honest.

They aren't being honest because they don't need to be. Thanks to ACA, they get customers regardless. And that as everything to do with government.

So why do they need these massive rate increases if they are already exceeding earnings expectations? They are doing better than they expected and doing very well, yet they need these extremely large increases? This is not being driven by the economic environment.

Exactly. It's being driven by political influence. They've insulated themselves from economic reality with legislative mandate.

So why are the rate increases being approved? Just saying because of government involvement doesn't cover it.

Because the insurance industry has a lot of political influence. But that's not the problem. The problem is that we're forced to pay whatever rates that can get "approved".

 

[Manonthestreet]

Twitter Failure is obvious, just can't be denied any longer

 

[Geaux4it]

The failure is clear. There are Urgent Care facilities that will tell you they do not accept Obamacare. lol

What a disaster

-Geaux

 

[Synthaholic]

Twitter Failure is obvious, just can't be denied any longer

And you blame the ACA instead of the insurance companies.

 

[Synthaholic]

Wingnuts think that, absent of the ACA, insurance rates would never go up.

They live in their little bubbles of hate, free from reality.

 

[CrusaderFrank]

I don't understand why the US doesn't just go to universal healthcare like almost every other country.. We spend much more and get worse results in many factors, although healthcare isn't the only thing we fall behind on.. Obamacare is a joke, we need UHC.

You can always hop on an Inner Tube and head to Cuba

 

[dblack]

Twitter Failure is obvious, just can't be denied any longer

And you blame the ACA instead of the insurance companies.

I blame both.

 

[Geaux4it]

More updates on this beauty called Obamacare

-Geaux

CNN- Obamacare sticker shock: Big rate hikes proposed for 2016

Hold onto your wallets ... many insurers want to substantially hike rates on Obamacare policies for 2016.
Many are proposing double-digit premium increases for individual policies, with some companies looking to boost rates more than 60%, according to a list posted Monday by the federal Centers for Medicare & Medicaid Services.

Obamacare sticker shock Insurers propose rate hikes for 2016 - Jun. 2 2015

 

[Synthaholic]

More updates on this beauty called Obamacare

-Geaux

CNN- Obamacare sticker shock: Big rate hikes proposed for 2016

Hold onto your wallets ... many insurers want to substantially hike rates on Obamacare policies for 2016.
Many are proposing double-digit premium increases for individual policies, with some companies looking to boost rates more than 60%, according to a list posted Monday by the federal Centers for Medicare & Medicaid Services.

Obamacare sticker shock Insurers propose rate hikes for 2016 - Jun. 2 2015

Emphasis on reality.

You wingnuts want everything free. You're a bunch of moochers.

 

[B. Kidd]

More updates on this beauty called Obamacare

-Geaux

CNN- Obamacare sticker shock: Big rate hikes proposed for 2016

Hold onto your wallets ... many insurers want to substantially hike rates on Obamacare policies for 2016.
Many are proposing double-digit premium increases for individual policies, with some companies looking to boost rates more than 60%, according to a list posted Monday by the federal Centers for Medicare & Medicaid Services.

Obamacare sticker shock Insurers propose rate hikes for 2016 - Jun. 2 2015

Just in time for the elections..........double !

 

[longknife]

Nebraskans to see another double-digit increase in Obamacare rates @ Nebraskans to see another double-digit increase in Obamacare rates - Watchdog.org



Nevadans to see premium increases in 2016 health insurance rates @ Nevadans to see premium increases in 2016 health insurance rates

 

[dblack]

It's a good day to be an insurance company lobbyist!

 

[Geaux4it]

Nebraskans to see another double-digit increase in Obamacare rates @ Nebraskans to see another double-digit increase in Obamacare rates - Watchdog.org



Nevadans to see premium increases in 2016 health insurance rates @ Nevadans to see premium increases in 2016 health insurance rates

What a deal Obamacare is..

What sack of dung

-Geaux

 

[auditor0007]

Nebraskans to see another double-digit increase in Obamacare rates @ Nebraskans to see another double-digit increase in Obamacare rates - Watchdog.org



Nevadans to see premium increases in 2016 health insurance rates @ Nevadans to see premium increases in 2016 health insurance rates

What a deal Obamacare is..

What sack of dung

-Geaux

We are spending nearly $700,000 per person on healthcare over each individual's lifetime in today's dollars. You do the math. It ain't free, and the cost has nothing to do with Obamacare. Anyone who was getting insurance cheaper in the past was doing so because everyone else was subsidizing you. If we want to reduce healthcare costs, it will have to happen at the source. Otherwise, we will eventually spend 30% of our GDP on healthcare.

 

[Sun Devil 92]

Nebraskans to see another double-digit increase in Obamacare rates @ Nebraskans to see another double-digit increase in Obamacare rates - Watchdog.org



Nevadans to see premium increases in 2016 health insurance rates @ Nevadans to see premium increases in 2016 health insurance rates

What a deal Obamacare is..

What sack of dung

-Geaux

We are spending nearly $700,000 per person on healthcare over each individual's lifetime in today's dollars. You do the math. It ain't free, and the cost has nothing to do with Obamacare. Anyone who was getting insurance cheaper in the past was doing so because everyone else was subsidizing you. If we want to reduce healthcare costs, it will have to happen at the source. Otherwise, we will eventually spend 30% of our GDP on healthcare.

The world of health care is loaded with false economies.

The concept of Obamacare only added more (or traded one for the other). Those who know how the game is played will get just as wealthy as they did before.

In the end, I keep hearing these statistics (or they were bandied about as part of the arguments for and against) and yet I hear little on them now.

I keep asking......

1. Everyone said we were spending 16% of our GDP on health care. The ACA was supposed to bring that down. Has it ?

2. 47,000 people of year were dying because of no health insurance (a bogus claim, I know) even though nobody could produce the bodies. Has that number come down. And saying more people have health insurance does not cut it. The first number was a lie.....and the answer, of course, can't be had since nobody can measure it.... so, yes, it is something of a loaded question.

 

[HereWeGoAgain]

What a disaster Obamacare is

-Geaux
-----
Put simply, inflation in medical care services costs hadn’t yet reared its ugly head because many insurers were as yet unable to gauge the full base-effect impact of Obamacare on their P&L. That, we said, was about to change: “After finally digesting the true cost of Obamacare, any recent insurance prime hikes will seem like a walk in the park compared to what is coming.

Health insurance companies around the country are seeking rate increases of 20 percent to 40 percent or more, saying their new customers under the Affordable Care Act turned out to be sicker than expected. Federal officials say they are determined to see that the requests are scaled back.

Blue Cross and Blue Shield plans — market leaders in many states — are seeking rate increases that average 23 percent in Illinois, 25 percent in North Carolina, 31 percent in Oklahoma, 36 percent in Tennessee and 54 percent in Minnesota, according to documents posted online by the federal government and state insurance commissioners and interviews with insurance executives.


Obamacare Sticker Shock Arrives Insurance Premiums To Soar 20-40 Zero Hedge

Liberals will tell you that was going to happen anyway.

 

[HereWeGoAgain]

And, don't forget - Obama is coming for your guns and bibles.

Any day now ...

What a half ass attempt at deflection.

 

[dblack]

The world of health care is loaded with false economies.

The concept of Obamacare only added more (or traded one for the other). Those who know how the game is played will get just as wealthy as they did before.

They'll do better. They wrote the law.

 

[Sun Devil 92]

And, don't forget - Obama is coming for your guns and bibles.

Any day now ...

What a half ass attempt at deflection.

I'd say he's more full/total/complete ass.

 

[Sun Devil 92]

What a disaster Obamacare is

-Geaux
-----
Put simply, inflation in medical care services costs hadn’t yet reared its ugly head because many insurers were as yet unable to gauge the full base-effect impact of Obamacare on their P&L. That, we said, was about to change: “After finally digesting the true cost of Obamacare, any recent insurance prime hikes will seem like a walk in the park compared to what is coming.

Health insurance companies around the country are seeking rate increases of 20 percent to 40 percent or more, saying their new customers under the Affordable Care Act turned out to be sicker than expected. Federal officials say they are determined to see that the requests are scaled back.

Blue Cross and Blue Shield plans — market leaders in many states — are seeking rate increases that average 23 percent in Illinois, 25 percent in North Carolina, 31 percent in Oklahoma, 36 percent in Tennessee and 54 percent in Minnesota, according to documents posted online by the federal government and state insurance commissioners and interviews with insurance executives.


Obamacare Sticker Shock Arrives Insurance Premiums To Soar 20-40 Zero Hedge

Liberals will tell you that was going to happen anyway.

No, that isn't liberals.

That is the far left (nazi enforcement) branch of collective policies.

Liberal thinking started this country. True liberals are the ones who'd like to see new things tried in a meaningful way so that people can be excited about them.....not excited about getting rid of them.