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Insurers seeking huge premium hikes on ObamaCare plans
Fox News.com ^ | August 2, 2017

Posted on 08/02/2017 8:49:25 AM PDT by Kaslin

Top health insurance companies in numerous states are looking to hike premiums by double-digits – some by roughly 30 percent or more – for ObamaCare plans in 2018, according to newly released figures that could light a fire under stalled efforts on Capitol Hill to fix the program.

“A lot of us have lost focus on the fact that the system we have doesn’t work,” White House Budget Director Mick Mulvaney told “Fox & Friends” on Wednesday, referring to the proposed premium hikes.

The Wall Street Journal reported that major insurers in Idaho, West Virginia, South Carolina, Iowa and Wyoming are pitching premium hikes averaging 30 percent or higher.

Other states also could see double-digit hikes, including New Mexico, Tennessee and Texas – while elsewhere, insurers are eyeing smaller increases.

The requests are preliminary and could change before insurers strike 2018 agreements with federal officials in the fall.

(Excerpt) Read more at foxnews.com ...


TOPICS: Culture/Society; Front Page News; Government
KEYWORDS: aca; health; healthcareinsurers; insurance; obamacare; obamacareinsurers; obamacarepremiums; repeal; trumpobamacare
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To: Kaslin

Odumbass paid them to keep premiums lower, Odumbass paid people to buy them.. what’s wrong with this system?

Current cost of Obamacare: $400,000 per ‘insured’


21 posted on 08/02/2017 9:36:02 AM PDT by Mr. K (***THERE IS NO CONSEQUENCE OF REPEALING OBAMACARE THAT IS WORSE THAN OBAMACARE ITSELF***)
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To: I want the USA back

“Trump will be blamed for this.”

Yep - I am already hearing it from liberal friends/family members. And trying to argue facts with people who live by feelings is impossible!

And the media will continue to spin it in order to protect the legacy of their great and mighty O-Bambi!


22 posted on 08/02/2017 9:36:38 AM PDT by VikingMom (I may not know what the future holds but I know Who holds the future!)
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To: Kaslin

Well, they have to keep driving the working stiffs in the Middle Class into the ground so their CEOs can be paid $20,000,000 to $35,000.000 a year in salary, stock options and bennies. Sweet….for them.


23 posted on 08/02/2017 9:42:15 AM PDT by txrefugee (.)
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To: robroys woman

The problem is that if you buy your insurance privately vs. Obamacare, the private insurance prices are following the exchange prices. I found that out when they first instituted Obamacare. The California exchange wanted over $1300 per month to insure Hubby and me. We were buying it through private insurance for around the same cost. If you watch, every time premiums go up for Obamacare they also go up for private insurance. We lived it.


24 posted on 08/02/2017 9:45:17 AM PDT by sheana
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To: Buckeye McFrog

There aren’t many that many people that pay full fare. Something like 8M nation wide. Probably be even less after these rate increase announcements. They don’t have much political clout. I’d just go without if I lost my employer coverage..


25 posted on 08/02/2017 9:56:05 AM PDT by EVO X
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To: Kaslin

I’m not in favor of any kind of socialized health insurance. Not even the Medicare I enjoy.

Why do we not have socialized vehicle insurance or socialized home insurance?

Note in my first sentence I avoided the terms “medicine” and “health care.” Medicine is what you take to get well. Health Care is what your Doctor(s) provide. Neither term has anything to do with health insurance.


26 posted on 08/02/2017 9:59:51 AM PDT by upchuck (Turn signals and brake lights... instant messaging before there was instant messaging.)
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To: sheana

There are a few states that force everybody to go through the exchange. In most states the only reason to go through an exchange is if you think you might be eligble for a subsidy.


27 posted on 08/02/2017 10:04:28 AM PDT by EVO X
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To: Buckeye McFrog
The whole thing is designed to make you panic, scream, and demand single payer. I’m not so sure it ain’t working.The whole thing is designed to make you panic, scream, and demand single payer. I’m not so sure it ain’t working.

Once again Mr. Buckeye, has nailed it!!!
28 posted on 08/02/2017 10:16:45 AM PDT by rhubarbk ("Liberals are the stool in the community pool" . . . Hat Tip to rockinqsranch)
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To: EVO X

I know that.


29 posted on 08/02/2017 10:39:32 AM PDT by sheana
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My rates effectively increased by 70% since ObamaCare took effect.

My pre-CrapCare plan would now cost $23k instead of $15k annual. And we’ve lost access to critical facilities.

Make the scumbags in Congress pay!!! Terminate CongressCare now!


30 posted on 08/02/2017 10:58:15 AM PDT by Gene Eric (Don't be a statist!)
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To: robroys woman

There will be no havoc.

Only 6.4 million people have 0bamacare. Out of over 320 million people.

This whole thing is so overblown, it’s crazy. We have Freepers going nuts over nothing.


31 posted on 08/02/2017 11:06:20 AM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: robroys woman

6.4 million out of 325 million (current number) = 0.019 = 1.9% of the entire US.

https://en.wikipedia.org/wiki/Demography_of_the_United_States

http://money.cnn.com/2016/12/21/news/economy/obamacare-enrollment-record/


32 posted on 08/02/2017 11:10:26 AM PDT by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: ConservativeMind

Obamacare enrollment is only part of it. It’s impact on rates and insurance choices is getting more and more catastrophic to the nation. It will reach a “critical mass” point where congress will have to act extremely fast with SOMETHING.


33 posted on 08/02/2017 11:37:37 AM PDT by robroys woman
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To: ConservativeMind

The figure I’ve seen are higher. The ~11M on exchanges, 5.5M off exchanges. The off exchange people are the ones that have their heads handed to them on a platter.


34 posted on 08/02/2017 12:27:45 PM PDT by EVO X
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To: robroys woman

Nice try.. but wrong! People who gave employer provided insurance don’t care. But those people who have to buy individual is ate screwed


35 posted on 08/02/2017 12:36:17 PM PDT by markman46 (engage brain before using keyboard!!!at)
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To: markman46

I’ve seen reports that many with employer covered insurance favor obamacare as an insurer of last resort. I Personally don’t think it very useful for that. If you get laid off, your trying to figure out how to keep homes, auto(s), and etc. It certainly useless for people living paycheck to paycheck.


36 posted on 08/02/2017 12:54:57 PM PDT by EVO X
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To: markman46

People who gave employer provided insurance don’t care.


I don’t know what that means.


37 posted on 08/02/2017 12:55:02 PM PDT by robroys woman
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To: markman46

I will throw this out: I know several people who saw massive changes in their employer provided insurance rates. The cost has to be absorbed somewhere. In many cases it is the employer jacking up the rates considerably.


38 posted on 08/02/2017 12:56:29 PM PDT by robroys woman
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To: Kaslin

Everybody that pays for their own insurance should go down to their representatives office and demand to see them to give them a copy of the bill.

I can’t understand why the hell it goes up so much when the deductibles are do damn high you never get a chance to use it. I’ve paid 50,000 in premiums in two years and not made one claim. For years and years we had what I thought were obscene rate increases of 6 to 8%. Now it is more than 25% a year and as high as nearly 120%. What the hell changed? Are the damn freeloaders paying absolutely nothing for premiums and deductibles and living at the doctor office and hospital?

What the hell is going on?


39 posted on 08/02/2017 1:36:27 PM PDT by Sequoyah101 (It feels like we have exchanged our dreams for survival. We just have a few days that don't suck.)
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To: robroys woman

What 8% rule?


40 posted on 08/02/2017 1:37:07 PM PDT by Sequoyah101 (It feels like we have exchanged our dreams for survival. We just have a few days that don't suck.)
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