Skip to comments.Blue Cross Blue Shield: Premiums will cost everyone more in 2014
Posted on 05/04/2013 2:53:49 PM PDT by don-o
Blue Cross/Blue Shield of Tennessee (BCBST) is warning that its customers will face sticker shock with premiums next year because of the Affordable Care Act (ACA), also known as Obamacare.
Many of the 2010 laws key provisions kick in next year, including the requirement for all Americans to have health insurance.
BCBST, the states largest insurance provider covering more than 3 million Tennesseans, is projecting that individual policy holders will see average premium increases around 30 percent, while small group customers will pay about 10 percent more. Large employers will see a 3 to 5 percent spike, BCBST officials said.
(Excerpt) Read more at timesnews.net ...
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I wonder if Medicare Supplement is going up I’m sure Advantage is. How will Obama ameliorate the pain before the 2014 election?
Rate of increase
2002 to 2003 17.98 pct
2003 to 2004 14.46 pct
2004 to 2005 17.75 pct
2005 to 2006 14.05 pct
2006 to 2007 22.39 pct
2007 to 2008 10.93 pct
2008 to 2009 22.26 pct
2009 to 2010 9.04 pct
2010 to 2011 20.63 pct
The quarterly premium is now 6 x what it was in 2001, when I was fortunate (finally) to get health insurance. (Years 2001 and 2012 not shown.)
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