Obamacare Rates to Rise 13.5% in 2015. Didn't Obama Promise ACA Would Lower Costs?

[Antares]

LOLOL

"The insurer said its rates for those pre-existing individual plans will rise by an average of 13.4 percent for policies sold before the federal law was signed by Obama in March 2010. Individual plans sold by the insurer between then and October 2013 — when the health overhaul exchanges opened — will have rate increases of 19.2 percent on average."

So the pre-existing plans that some people were clamoring to keep, instead of going to the exchange, are going up as much or more than the exchange plans.

Sometimes you should read the stuff you post.

How many people in the new plans would have still been in the old plans?
The larger the pool, the less the increase.

 

[Zander]

The Obama ass sniffers are readying the excuse making apparatus as I type.

"But but but Booooosh! Bush! Boooooosh! "


Sent from my iPhone using Tapatalk

 

[WelfareQueen]

Well,

I know we're all shocked. But BCBS of North Carolina released rates for 2015 for ACA plans in their State. The rates will rise 13.5% The Obama Administration is desperately trying to keep the rate increases hidden until after the mid-term elections. Official sign ups and new rates nationally will not be available until November 15th....a full week after the election.

Funny how that turned out....isn't?

Please read the full story here. It should be sobering for all of us....but particularly for the dupes who voted for the lying sack of shit the Obumbler.


Blue Cross reveals 2015 health insurance rates
North Carolina's Blue Cross: 2015 rates to rise 13 percent on average for individual ACA plans

By Jonathan Drew, Associated Press 2 hours ago

• RALEIGH, N.C. (AP) -- North Carolina's largest health insurer said on Wednesday that 2015 rates will rise by more than 13 percent on average for buyers of individual Affordable Care Act policies.
  
  Blue Cross and Blue Shield of North Carolina discussed the expected rate increases in a teleconference several weeks ahead of the Nov. 15 kickoff for the enrollment period for coverage starting in January.
  
  Blue Cross said rates would rise an average of 13.5 percent for 315,000 customers who enrolled this year in individual plans that comply with President Barack Obama's health insurance law. It cautioned that the actual increase for each person will be affected by factors including age, location and plan level.
  
  As an example, the insurer said a 45-year-old nonsmoking man in the Raleigh area who didn't receive subsidies would see his monthly premium rise by about $57 to $421.32 per month on a typical individual ACA silver plan. Most customers, however, receive the subsidies.
  
  "It is important for customers to understand their health care needs, update their information to get the subsidy amount they are eligible to receive and select an insurance plan with the level of coverage they want at a price that works for them and their family," said Patrick Getzen, vice president and chief actuary for Blue Cross and Blue Shield of North Carolina.
  
  Aside from the those policies, the insurer is maintaining pre-existing plans that don't conform to the Affordable Care Act's requirements but that customers wanted to keep. The Obama administration said in March that it was allowing a two-year extension for individual policies that don't meet the health law's requirements.
  
  The insurer said its rates for those pre-existing individual plans will rise by an average of 13.4 percent for policies sold before the federal law was signed by Obama in March 2010. Individual plans sold by the insurer between then and October 2013 — when the health overhaul exchanges opened — will have rate increases of 19.2 percent on average.
  
  Blue Cross said about 239,000 people were enrolled in those pre-existing individual plans in 2014.
  
  One factor affecting premiums is how costs are spread among the mixture of people of varying ages and health care needs. Blue Cross said in a news release that the group buying its individual ACA plans was older than expected because many younger, healthier customers stayed in pre-existing plans.
  
  "There needs to be a mix of customers within each category to balance risk and expected costs," Getzen said.
  
  Blue Cross and Blue Shield of North Carolina is the only insurer to offer ACA plans in all 100 of North Carolina's counties.

Key line from this:

Most customers, however, receive the subsidies.

So that means we're all paying for the massive cost increases? That's good news to you? WTF?

Make up your mind. Do you want people who need individual insurance policies to pay less, or not?

Not at the massive expense of the taxpayers. You do realize subsidize does not mean free. We are all paying for this shit.

 

[kaz]

He promised lots of things with no intentions of delivering.

Wow, who would have thought government promising to reduce the cost of something wouldn't go as planned? I mean geez, that's never happened before...

 

[kaz]

Not at the massive expense of the taxpayers. You do realize subsidize does not mean free. We are all paying for this shit.

Now that's a dilemma for Democrats. Do they admit that is OK because only rich greedy bastards pay taxes? Or do they claim the middle class is paying for Obamacare?

One thing we know is the liberal media won't call them on that.

 

[bigrebnc1775]

Well,

I know we're all shocked. But BCBS of North Carolina released rates for 2015 for ACA plans in their State. The rates will rise 13.5% The Obama Administration is desperately trying to keep the rate increases hidden until after the mid-term elections. Official sign ups and new rates nationally will not be available until November 15th....a full week after the election.

Funny how that turned out....isn't?

Please read the full story here. It should be sobering for all of us....but particularly for the dupes who voted for the lying sack of shit the Obumbler.


Blue Cross reveals 2015 health insurance rates
North Carolina's Blue Cross: 2015 rates to rise 13 percent on average for individual ACA plans

By Jonathan Drew, Associated Press 2 hours ago

• RALEIGH, N.C. (AP) -- North Carolina's largest health insurer said on Wednesday that 2015 rates will rise by more than 13 percent on average for buyers of individual Affordable Care Act policies.
  
  Blue Cross and Blue Shield of North Carolina discussed the expected rate increases in a teleconference several weeks ahead of the Nov. 15 kickoff for the enrollment period for coverage starting in January.
  
  Blue Cross said rates would rise an average of 13.5 percent for 315,000 customers who enrolled this year in individual plans that comply with President Barack Obama's health insurance law. It cautioned that the actual increase for each person will be affected by factors including age, location and plan level.
  
  As an example, the insurer said a 45-year-old nonsmoking man in the Raleigh area who didn't receive subsidies would see his monthly premium rise by about $57 to $421.32 per month on a typical individual ACA silver plan. Most customers, however, receive the subsidies.
  
  "It is important for customers to understand their health care needs, update their information to get the subsidy amount they are eligible to receive and select an insurance plan with the level of coverage they want at a price that works for them and their family," said Patrick Getzen, vice president and chief actuary for Blue Cross and Blue Shield of North Carolina.
  
  Aside from the those policies, the insurer is maintaining pre-existing plans that don't conform to the Affordable Care Act's requirements but that customers wanted to keep. The Obama administration said in March that it was allowing a two-year extension for individual policies that don't meet the health law's requirements.
  
  The insurer said its rates for those pre-existing individual plans will rise by an average of 13.4 percent for policies sold before the federal law was signed by Obama in March 2010. Individual plans sold by the insurer between then and October 2013 — when the health overhaul exchanges opened — will have rate increases of 19.2 percent on average.
  
  Blue Cross said about 239,000 people were enrolled in those pre-existing individual plans in 2014.
  
  One factor affecting premiums is how costs are spread among the mixture of people of varying ages and health care needs. Blue Cross said in a news release that the group buying its individual ACA plans was older than expected because many younger, healthier customers stayed in pre-existing plans.
  
  "There needs to be a mix of customers within each category to balance risk and expected costs," Getzen said.
  
  Blue Cross and Blue Shield of North Carolina is the only insurer to offer ACA plans in all 100 of North Carolina's counties.

Key line from this:

Most customers, however, receive the subsidies.

You mean the tax payer footing the bill?
Yes that is what you mean.shit stain.

 

[g5000]

Maybe you can get Obama to release the rates nationally before the election?

You think Obama is in charge of rates?

 

[g5000]

Number I'm hearing most often at the states level is 37%, not 19.2 and definitely not 13.4.

Links, or it didn't happen.

 

[Antares]

Maybe you can get Obama to release the rates nationally before the election?

You think Obama is in charge of rates?

1) He delayed Open Enrollment 30 days to hide them as long as he could.
2) Yes rates MUST be approved by HHS, so he indeed has a say.

 

[bigrebnc1775]

Maybe you can get Obama to release the rates nationally before the election?

You think Obama is in charge of rates?

Yes he has control of that

 

[g5000]

As for the topic title: It is factually correct for the rates we know of. Should you get any further facts...please post. It is not the American's People fault Obama will not tell them the truth.

Why, I am glad you asked!

ACA state exchanges

By contrast, the average premium increase across all reporting states is 5.9% and the average premium is $382.

 

[g5000]

Maybe you can get Obama to release the rates nationally before the election?

You think Obama is in charge of rates?

Yes he has control of that

Actually, he doesn't. Rate increases are controlled at the state level.

Thank you for playing.

 

[bigrebnc1775]

Maybe you can get Obama to release the rates nationally before the election?

You think Obama is in charge of rates?

Yes he has control of that

Actually, he doesn't. Rate increases are controlled at the state level.

Thank you for playing.

What if the state didn't do obamacare? oped out

 

[WelfareQueen]

As for the topic title: It is factually correct for the rates we know of. Should you get any further facts...please post. It is not the American's People fault Obama will not tell them the truth.

Why, I am glad you asked!

ACA state exchanges

By contrast, the average premium increase across all reporting states is 5.9% and the average premium is $382.

The data you present is false....at least for North Carolina. The actual ACA increases per BCBS of North Carolina is 13.5%. Your data says 6%.

Your data is clearly wrong.

 

[Antares]

As for the topic title: It is factually correct for the rates we know of. Should you get any further facts...please post. It is not the American's People fault Obama will not tell them the truth.

Why, I am glad you asked!

ACA state exchanges

By contrast, the average premium increase across all reporting states is 5.9% and the average premium is $382.

From your source.....

"Among the six states and DC with final rate announcements, the average premium (across metal tiers and ages)"

"Across all metal tiers".........do you understand what that means?

 

[bigrebnc1775]

As for the topic title: It is factually correct for the rates we know of. Should you get any further facts...please post. It is not the American's People fault Obama will not tell them the truth.

Why, I am glad you asked!

ACA state exchanges

By contrast, the average premium increase across all reporting states is 5.9% and the average premium is $382.

The data you present is false....at least for North Carolina. The actual ACA increases per BCBS of North Carolina is 13.5%. Your data says 6%.

Your data is clearly wrong.

North Carolina doesn't have a state exchange so it will go up.

 

[iamwhatiseem]

ObamaCare bots implied that ObamaCare would reduce the cost of health care in America. They posted chart after chart after chart of per capita spending on health care by country during the debate over ObamaCare leading up to its passage.

Bait and switch. The cost is not coming down. It continues to rise.

As for the topic title, it implies ObamaCare rates are going to rise by 13.5% everywhere in 2015. That, too, is misleading.

There is very little honesty on either side of the debate.

Both sides hear what they want to.
We have become so partisan that all it took to get this piece of shit to pass was the other side was against it.
Up and down the entire process was one lie after another.
We are sheep.
But guess what? I honestly do not expect the election will result in anything substantial.
Democrats will vote Democrat. And Republicans will vote Republican

 

[g5000]

So here's the thing.

ObamaCare bots implied the per capita cost of health care would drop if only we would chow down some ObamaCare.

This has turned out to be a lie.

So they retreated to another lie. "ObamaCare has slowed the growth of health care costs."

The cost of health care has been outpacing inflation for decades. I have frequently pointed this out, and I have pointed out the Republicans didn't do a thing about it when they had the opportunity to do so. Which is why I ask, "Repeal ObamaCare...AND THEN WHAT!?!"

The cost of health care is still outpacing inflation. As I just posted, the growth of insurance premiums is averaging somewhere around 6 percent for next year.

Now, I want you to remember what I am about to show you the next time an ObamaCare bot claims ObamaCare is responsible for slowing the growth of the cost of healthcare.

ACA Impact on Per Capita Cost of Health Care

As you can see, the cost of health care was slowing long before anyone even heard of Barack Obama. In fact, since its passage and implementation, the growth has not slowed at all. The slowdown in growth which was happening before ObamaCare actually stalled after ObamaCare was enacted.


And now the rate of growth in insurance premiums is still outpacing inflation.

 

[Antares]

Maybe you can get Obama to release the rates nationally before the election?

You think Obama is in charge of rates?

Yes he has control of that

Actually, he doesn't. Rate increases are controlled at the state level.

Thank you for playing.

Your pride is your worst enemy g.

"Because of the law, the Department of Health and Human Services (HHS), along with states, is working to hold insurance companies accountable by requiring them to document, submit for review, and publicly justify rate increases of 10 percent or more.Additionally, the Affordable Care Act continues to provide states with rate review grants to enhance state efforts to review proposed increases in health insurance rates and make information and decisions about rate increases available to the public."

U.S. Department of Health and Human Services Rate Review Annual Report - September 2013

 

[g5000]

As for the topic title: It is factually correct for the rates we know of. Should you get any further facts...please post. It is not the American's People fault Obama will not tell them the truth.

Why, I am glad you asked!

ACA state exchanges

By contrast, the average premium increase across all reporting states is 5.9% and the average premium is $382.

The data you present is false....at least for North Carolina. The actual ACA increases per BCBS of North Carolina is 13.5%. Your data says 6%.

Your data is clearly wrong.

The data is not wrong, It is your reading comprehension which is the problem.

The data in the opening post was cherry picked, and only applies to 315,000 people who buy individual Affordable Care Act policies.

But the average for ALL North Carolinians is 6 percent.