Posted on 05/22/2015 12:25:53 PM PDT by Jim Robinson
Health insurers on many state exchanges are requesting the right to increase premiums by upwards of 50%.
President Obama’s signature legislative achievement–the healthcare law popularly known as Obamacare–is facing a potentially existential fight in the Supreme Court in 2015.
But it’s not just the courts that supporters of the program need to worry about. According to a report published Friday in the The Wall Street Journal, health insurers are requesting the right in many states to increase premiums by upwards of 50%. Health Care Service Corp.–the leading health insurer in New Mexico, has asked state regulators to allow it to increase its premiums on average by 51.6%, for instance. Customers of CareFirst BlueCross BlueShield in Maryland may face an average premium increase of 30.4%.
Insurers will have to submit their premium-hike proposals to their state regulators, and potentially the federal government. Regulators will review the requests, and may deny the insurers requests if rising costs don’t justify premium increases. But big rate hikes could be necessary to prevent insurers from taking a loss...
(Excerpt) Read more at time.com ...
WOW! The ACA is working out well.... LOL
If you like your 0bamaCare, you can keep your 0bamaCare. For 50% more!!!!
Welcome to 0bamacare!!!!
Your premiums have been reduced to 200% of their former cost!!
Your coverage has been increased to 50% of its former value!!!
Another Great Victory for the Fatherland!!!!
Hail Victory!!!
Hail 0bama!!!!
Grubered by Mitt Romney and Baraq Husserin Obama, America.
From the bedroom to the EW. GBUBERED by the EXEMPT.
some jerk has to pay for the illegals and all the muzlim scum being brought into amerika by the douchebag in chief
AND THAT WOULD BE YOU MR AMERICAN WORKER TAXPAYER DONKEY FOOL.... giddyap...
“Well,,,,,I didn’t say it would be affordable for ever, now did I?” “But,,,,,if you like your doctor.....”
Oh goody. Here we go again. The “Affordable Healthcare” is becoming less and less affordable.
Of course, anyone who believed Obama and the Democrats was “stupid.” Just ask Gruber.
Did you think the insurance industry signed on to Obamacare in order to take a loss?
Dad is ticked at Pajama Boy. New Obamacare bill just arrived. Tells shiftless son to "hit the bricks."
TNWITOAOUAHCA The No Way In This Or Any Other Universe Affordable Health Care Act.
You know, to all the idiots that supported this, I say:
Hahahahahahahahahahahahahaha.
(rest)
Hahahahahahahahahahahahahaha.
A liberal former classmate of mine, who fiercely argued with all opposition to Obamacare on her Facebook page, posted an extremely angry status recently about her Obamacare rates skyrocketing. I knew I kept her on my Facebook page for a reason- the huge laugh I had when I read it was well worth it.
NM ping list.
We are the first state listed in the article.
Woo Hoo!!!
We are Number One!!!!
They want to raise ours by nearly 52%
We may be Number one, but is smells more like number two, if you get my drift.
But she probably thinks it’s all the fault of evil Republican insurers who are subverting Obamacare’s noble intent. :)
The kick backs continue. Wow, what an ingenious way to fill the coffers! Imagine that, an insurance company has to justify this to the goberment.What if the insurance company did not donate enough to the party? Could the goberment deny said increase?
Did you respond at all? Maybe posting SUCKER! on the thread?
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