Posted on 05/09/2017 10:05:12 AM PDT by Oldeconomybuyer
Insurance companies offering individual health care plans in D.C. want to increase premiums from 13 percent to nearly 40 percent on average.
Four major insurance companies have submitted health insurance rates for 2018 to the D.C. Department of Insurance, Securities and Banking for review.
This will be the fifth year of open enrollment on DC Health Link, the District’s health insurance marketplace under the Patient Protection and Affordable Care Act, better known as Obamacare.
In the individual market, CareFirst has proposed an average rate increase of 39.6 percent for HMO plans and 19.7 percent for PPO plans. Kaiser proposed an average increase of 13 percent.
Insurance companies submitted rate increase requests for individual health plans in Maryland of up to 59 percent in the past week.
(Excerpt) Read more at wtop.com ...
The Dems will blame it on Trump.......................
You gotta admit, even if the congress does nothing about Obamacare, it will be fun to watch this country get what it deserves, as all democracies do.
The division of society is no longer just by class, race, or similar - it is now citizens who are “protected” and those who are “unprotected.”
Protected - government employees at all levels and unions, big business, crony-capitalists connected to government, banks, even many welfare recipients.
Unprotected - small-medium businessmen and their employees. Retirees living off their own savings, unskilled and hourly workers.
Most people I know in DC are “protected” - someone else is paying their healthcare, their pensions, etc... As such, they are insulated from the bad consequences of their own liberal policies.
Yes they will. And their water carriers in the media will broadcast as fact that Trump is the villain here.
They may also blame greedy insurance companies.
Interesting. I wonder how many DC denizens will be affected? A lot of DC types actually live in DC but have too great an income to care or are exempt. Some are too poor and will be subsidized heavily so they may not care. The middle class will be socked thoroughly, but how many of those are left in DC?
As long as it covers gunshot wounds and drug overdoses, it’s all good!
Obamacare needs to be totally dismantled. Stat.
Put health insurance back into the hands of businesses willing to take on the risk of insuring individuals and members of organization who are willing to pay into the risk pool.
Healthcare was NEVER “broken” until Obama, Pelosi et al. broke it.
Trump should have been more patient and given obamacare another 6 months ... Like he said, the democrats would have been begging him for help
People need to know its still OBAMACARE until new legislation is signed by Trump
And HIV drugs and AIDs treatment
Once you get past $20k a year on the cost and deductibles...I think it’s finished off. More than half the nation will say it’s stupid to pay for insurance like that (as expensive as getting a new truck every single year).
Criminal!
The sky’s the limit, since the taxpayers are on the hook for the Obamacare subsidies.
Too bad the Federal Employees have their own purchasing deal, or this would affect them, too....
They should force all them onto the plan, to see how well they like it.
Ok, we’re there, time’s up.
Do people want first-dollar (or subject to a deductible) insurance, which is a risk-assessment plan based on the bet you ARE going to get sick, and the insurance company is betting you WON’T get sick, or do people want a prepaid plan where the individual puts up all the risk money beforehand, and the insurance provided is only for major calamity?
In the trade-off between risk and security, circumstances are different for every one of us, and in addition, the ratio of risk to security changes over time even with the same person.
Whether this is anybody else’s responsibility other than your own, is an entirely different philosophical idea.
I have a 15 mortgage on a less than ten year old home and 32 beautiful acres. My monthly premium for the bronze plan would be equal to that and my payments on a new car I purchased last year. It’s already prohibitively expensive to even consider it.
Anything big, self insures. They either do it in house or hire firms like Cigna or Aetna to administer the benefits. A medium size company may self insure and buy reinsurance for the really big bills.
Makes zero sense under the current law for someone self-employed/small business to ruin himself financially by buying health insurance at these deductibles.
If you get a sinus infection, pay for you doctor visit and amoxicillin out of pocket.
If you break a bone, head to the ER. They have to treat you.
If something catastrophic happens, just buy the insurance after the catastrophe hits.
It’s the game they’ve created. No choice but to play it.
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