Insurers predict 100%-400% Obamacare rate explosion

Washington Examiner ^ | 5/13/13 | Paul Bedard

[Nachum]

Internal cost estimates from 17 of the nation´s largest insurance companies indicate that health insurance premiums will grow an average of 100 percent under Obamacare, and that some will soar more than 400 percent, crushing the administration´s goal of affordability. New regulations, policies, taxes, fees and mandates are the reason for the unexpected "rate shock," according to the House Energy and Commerce Committee, which released a report Monday based on internal documents provided by the insurance companies. The 17 companies include Aetna, Blue Cross Blue Shield and

[Nachum]

And we wonder why the DHS is training with civilian targets.

[FlingWingFlyer]

Thanks Barry! You da man! Now KMA!!!

[Navy Patriot]

New regulations, policies, taxes, fees and mandates are the reason for the unexpected "rate shock,"...

ROTFLOL

[Nachum]

Actually it’s more like, “Planned” rate shock.

[Still Thinking]

I thought this was the plan, creating a “hugh” and cry for single payer.

[SC_Pete]

All according to plan. Federal government to the rescue. There will be no repeal. Just more taxes and less money for other functions of government. America is dying.

[cardinal4]

All part of the plan..

[Truth29]

"And we wonder why the DHS is training with civilian targets."

The Rats will blame GOP Congressional obstructionism and Republican governors. They will then offer full government, single payer, health care to save the day and 2014 will be the battleground to see if the big lie and destruction of US health care will be a winning election strategy.

[Navy Patriot]

That’s why they call ‘em Useful Idiots, ‘cause you can plan on stupidity.

[silverleaf]

snort

especially the pregnant woman target

[palmer]

Single payer, then single provider since most private hospitals will be put out of business by that single payer.

[E. Pluribus Unum]

As long as the feral government gets to be in charge.

That's all that matters.

[stocksthatgoup]

Is this the old spike or a brand new one? /s

[llevrok]

The whole law is a death to private heath care by a thousand small slices. A slow, suffering death

[ImaGraftedBranch]

We got notice today from HR to expect 104-116% increase...

[One Name]

In a sane world, this would mean politcal death at mid-terms.

[GOP Poet]

bookmark

[sport]

It is what a majority of voters said they wanted.

[Doomonyou]

I thought this was the plan, creating a “hugh” and cry for single payer.

It's gonna create Henry Bowmans.

[calljack]

My Aetna EPO plan for myself, wife and one child is $16,800 per year. That’s through my employer. Last year it was $11,000 and the year before that it was $8500. And now it is not 100% it is 90/10. I went for the “cheap” PPO; that’s only $8,000 a year and it’s 80/20.
Just gets better and better.