Posted on 09/24/2012 5:38:43 AM PDT by sr4402
In July of this year, I received a notice the the cost was now to be $260 per month. A few weeks ago (September) another letter came informing me that the charge is now to be $307 monthly.
In the space of 9 months, the sum almost doubled!
And this is from Mutual of Omaha, a very esteemed and solid company.
Insurance under Obama will shortly be like making house payments.
Leni
That, and all of the “free” stuff you now have to provide, similar to covering oil changes in car insurance. Plus the free birth control for all, etc., etc.
Yes, mine has substantially.
Everyone here must be lying. I haven’t seen any such thing reported in the news anywhere.
Do you actually think that if Obamacare is repealed that insurance costs will decrease?
No, they won’t. The reason they increase like they do, in addition to Obamacare, is that Medicare and Medicaid costs are cost-shifted onto privately insured folks.
The health insurance train is going off the tracks regardless of Obamacare’s fate.
Doctors and Hospitals have no reason to limit costs when they have the option of government approved cost-shifting always open to them.
It’s the same with Universities - why cut costs when you can just increase federal-government loan fueled tuition.
Unless you are already broke, stay healthy, or you’ll be broke too.
My rates doubled since Soetorocare was passed, but they were never honest enough to say that was the reason.
Oh, it won't be in the news. Obama promised our premiums would not go up and it would disrupt Obama's election to reveal that they are.
And the bolded quote after the title, was from our company.
Did you expect that they wouldn't after more requirements?
The new requirements; free sterilizations (surgery), contraceptives, extending child requirements to 26 - all these and more have increased premiums.
So if those new requirements were rescinded, it is logical that rates would come down when those requirements are lifted.
Besides, have you not seen on this thread, where folks see premiums double? Is your head screwed on right?
Oh, and by the way, our employer is a Healthcare company.
Oh yeah. Immediately after ACA passed, we got a 5 page letter detailing additions to our high deductible, catastrophic family policy which were required by the new law.
Prior to this, the policy, which we have had for 10 years, had remained fairly priced. Even after I had a maligant mole removed way back in 2006, the premium had not gone up significantly.
Following passage of Obamacare, the premium went from $668/mon for a family of four ($10,000 deductible) to $1100/mon that first year; and was raised again to $1448/month this year.
That is more than our house payment, and actually is only a hundred dollars shy of my entire monthly salary.
And next year, it will be furthered penalized as a " premium policy" under Obamacare, since it is so expensive.
I think it has been so high because I have a pre-existing condition, and now they have to cover me for way more, and we self-insure.It certainly isn't great coverage, and we never go to the doctor for fear of what the next rate increase might be.
Obamacare does have the pre-existing condition coverage as promised, but it would cost $400/month for me ( as opposed to $350/month now).We have tried to get other insurance but I am always rejected because of the mole.
On the plus side; I now have preganacy coverage, which I didn't even have when I had the kids back 25 years ago.
Yes, Obamacare really helped me !/sarc.
Yes, we got a similar notification about an increase, but it did not specify “Obamacare” as the cause.
“Besides, have you not seen on this thread, where folks see premiums double? Is your head screwed on right?”
Why do you think premiums actually increase double digits year after year?
It’s the cost shifting from government (and the uninsured), and the refusal of health insurers and health care providers to address the major cost components - because they can just shift the costs and increase the costs.
My head is screwed on right. Are you saying that as soon as Obama care is rescinded that premiums will be HALVED? No, they won’t even go down
It’s not JUST Obama care. It’s everything else too.
I think this is a thread hijack. This threat is for anyone seeing direct evidence (as I have) that their premiums are going up DIRECTLY because of the Patient Protection and Affordable Healthcare act (Obamacare).
“I think this is a thread hijack. This threat is for anyone seeing direct evidence (as I have) that their premiums are going up DIRECTLY because of the Patient Protection and Affordable Healthcare act (Obamacare).”
So do you want to answer my question? Will premiums drop by half (since they blame obamacare for the doubling) if Obamacare is repealed? I say no way.
The problem isn’t JUST Obamacare. The expectation is that our broken system will be fixed simply by repealing Obamacare. The problem is much greater - and has to do with our EXISTING government programs as much as it has to do with NEW ones.
My private policy, self-employed, went up by nearly 12% for the same coverage this year. I manage the costs by continuously changing the terms and the deductible.
Increases have been as high as 30% per year.
I’ll never make it to 65 a this rate. It will take all I earn for health insurance.
Since 2000, with aggressive management of deductibles and terms our health insurance for has gone from 4428 / year for three to 11880 for two. This is an annual average compounded rate of increase 8.5%.
I’m not taking the bait. I started this thread to record anyone who had seen similar notices that the PPAHCA was jacking their premiums like mine.
“I’m not taking the bait. I started this thread to record anyone who had seen similar notices that the PPAHCA was jacking their premiums like mine.”
Oh, I’m sorry. I didn’t mean to bring logic and reasoning to YOUR thread. If I can think of any whining to post that ignores the actual elements of the problem you are talking about, I’ll wait until then to post again.
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