Posted on 04/28/2016 4:33:12 AM PDT by Oldeconomybuyer
Expect insurers to seek significant premium increases under President Barack Obama's health care law, in a wave of state-level requests rippling across the country ahead of the political conventions this summer.
Insurers say the law's coverage has been a financial drain for many of them, and they're setting the stage for 2017 hikes that in some cases could reach well into the double digits.
For example in Virginia, nine insurers returning to the HealthCare.gov marketplace are seeking average premium increases that range from 9.4 percent to 37.1 percent.
The health law's nagging problems seem to center on lower-than-hoped-for enrollment, sicker-than-expected customers, and a balky internal stabilization system that didn't deliver as advertised and was already scheduled to be pared back next year.
(Excerpt) Read more at abcnews.go.com ...
Who didn’t see THAT coming?
Congratulations, Citizen, you’re paying for your neighbor’s healthcare and that of his entire family.
Now, don’t you feel all warm and fuzzy.
Not for the EXEMPT.
Not for criminal illegals.
Not for Congress.
Not for SCOTUS.
Nof for Moslems.
Not for the White Mosque.
Not for their families.
Not for their staff.
SUCKERS, America. YOU BELIEVED in the GOP
which remains EXEMPT and laughed at you,
as they -— led by Dufus McCain — sent
the IRS after you and covered up Benghazi.
Just had a 42% hike on my private plan for 2016. Another similar hike would put me at $1200/mo for an individual policy that was $280 4 years ago.
Check deductibles as they go higher and the policy covers less. Mine added $40.00 for an office visit.
How about the insured? Can't say we didn't see this coming!
My liberal sister in law, who used to brag about obammy, called the wife crying a month ago because her premiums went up 55%. Now she has to sell her new car or she can’t keep her health insurance. Yes, I laughed to myself.
So, looking up to 2020 (four years away)....what do you think you will be paying by that point? And at what point, do you just grin and walk away?
No problem. My yearly raise covers the increase. Oh, no. My bad. I only got a 3.7% raise. In that case a 37% increase is a problem!
Yeah, your medical insurance has gone up. So has mine. But you can’t compare apples and oranges. For example, my 60-year-old wife and I get free birth control and pediatric dental services under ObummerCare. So there’s that.
I just posted this as the first comment on the ABC thread:
This is what Obama said to a union audience back in 2007:
“I happen to be a proponent of a single-payer health care plan. The United States of America–the wealthiest country in the history of the world, spending 14 percent–14 percent of its gross national product on health care and cannot provide basic health insurance to everybody and that’s what Jim is talking about when he says, ‘Everybody in. Nobody out.’ A single payer health care credit–universal healthcare credit. That’s what I’d like to see, but as all of you know, we may not get there immediately. Because first we have to take back the White House and we’ve got to take back the Senate and we’ve got to take back the House.”
As you can see, “Obamacare” is merely a transitional stage to national government healthcare, like the disaster in Britain. Obama has already wrecked private healthcare, now we will see that Obamacare can’t work, and what’s left? National single payer system, where government bureaucrats will decide who gets what procedure, and when. If you thought weaponizing the IRS against Obama’s political enemies was dangerous, wait until people are afraid that their kid won’t get an operation if they oppose the government vocally.
“Welcome to the USSA, comrades. Now shut up, or maybe little Sally doesn’t get that operation, understand?”
A hike is ok. After all we got a $2500 cut in the price of healthcare, just like Zer0 promised. /s
Correlation isn't causation, I know that. But it is a reason to hypothesize. The painkiller addiction crisis, often leading to heroin addiction, has spun out of control since ObamaCare took effect. Any connection?
Wealth redistribution, as intended.
Anyone who is actually surprised ought to be bi@#h slapped!
“Single payer is 3 years away.”
This system is a disaster, but they won’t be able to push single payer at this point. There’s just no money for it. I have solutions, as do most who actually work in medicine. One approach is to limit the percentage of any medical payment that can go to ‘administrative’ costs and that doesn’t go directly to patient care. The other is to encourage more and more competition. The consolidation of medical systems, with big hospital systems full of administrators going out and buying out private practices and taking over smaller hospitals is doing the exact opposite of this - which is contributing to why this is a disaster.
As rates keep going up, that lets more people claim a hardship under the 8% rule..
Well, you have Obama to thank for your raise. Here is Obama saying people will get a raise because employers will save "as much as 3,000%" on healthcare premiums.
Obama Akbar!
When I first heard that Congress had exempted themselves from their own law is when I knew this nation that I grew up in was over,
Not a whimper from the people, they shrugged and went back to their texting and watching godless TV garbage (images that both move and speak giving power to the beast), instead we should have all been organizing protests,
Now we have satanic Islam flooding across the landscape and Mayors of major cities demanding to see the sermons of Pastors to make sure their homosexual approved,
As in the days of Lot,
Perilous times have come,
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