Are you going to apologize to all those that you mocked for pointing out correctly that the math simply didn't work with the ACA? Obama, Reid, Pelosi...they all lied to the American people. They knew the figures they were putting out were total bullshit but they did it anyways. So now it's time to pay the piper because a whole lot of Middle Class Americans are getting letters in the mail telling them their premiums are going up substantially.
Link?
JUN 10, 2015 @ 12:57 PM 82,022 VIEWS
Why Are The 2016 Obamacare Rate Increases So Large?
• CareFirst Blue Cross of Maryland is asking for a 34% rate increase on its PPO plan and a 26.7% rate increase for its HMO. CareFirst has an 80% market share in the Obamacare exchange and only 30% of the eligible Maryland market has signed up on the exchange.
• In Oregon, where less than 35% of the eligible have signed up on the exchange, the biggest insurer with 52% of the market, Moda, has asked for a 25.6% increase. Lifewise, with a 19% market share, has asked for a 38.5% increase.
• Blue Cross Blue Shield of Tennessee, with a 165,000 members making up 70% of the Obamacare exchange is asking for a 36.3% increase. The second biggest player,
Humana HUM +0.57%, is asking for a 15.8% increase. Less than 40% of the eligible exchange market signed up in Tennessee.
• Georgia is the second biggest Obamacare market for Humana, having enrolled 254,000 people out of a total market of 479,000, and Georgia
“maybe its biggest misstep”. Its CEO has said about Georgia, “We can’t have one business being subsidized by another business.” Humana is asking for 2016 individual plan rate increases from 14.8% to 19.44%.
• In Iowa, with the lowest enrollment rates in the country, and where its biggest Obamacare insurer went broke last December, Wellmark Blue Cross, which only sells off the exchange, is asking for a 43% increase on its Obamacare compliant policies. Coventry, which has 47,000 Obamacare customers, is asking for an 18% increase for its on-exchange business.
Why Are The 2016 Obamacare Rate Increases So Large?