Posted on 07/04/2015 7:37:56 AM PDT by PROCON
WASHINGTON — Health insurance companies around the country are seeking rate increases of 20 percent to 40 percent or more, saying their new customers under the Affordable Care Act turned out to be sicker than expected. Federal officials say they are determined to see that the requests are scaled back.
Blue Cross and Blue Shield plans — market leaders in many states — are seeking rate increases that average 23 percent in Illinois, 25 percent in North Carolina, 31 percent in Oklahoma, 36 percent in Tennessee and 54 percent in Minnesota, according to documents posted online by the federal government and state insurance commissioners and interviews with insurance executives.
The Oregon insurance commissioner, Laura N. Cali, has just approved 2016 rate increases for companies that cover more than 220,000 people. Moda Health Plan, which has the largest enrollment in the state, received a 25 percent increase, and the second-largest plan, LifeWise, received a 33 percent increase.
(Excerpt) Read more at nytimes.com ...
>>The insurance companies can...
COMMERCE BETWEEN MASTER AND SLAVE IS ___________?
“Health Insurance Companies Seek Big Rate Increases for 2016”
Obamacare supporting liberals on the internet dont have to worry. Its been my experience that thanks to obamacare these anonymous liberals always manage to snag these great health insurance deals that seem to be eluding everyone else in the real world. And they wouldnt lie to me, right? /s
But...but...but... Barry and his ‘RATS said that Obamacare was going to make healthcare CHEAPER for everybody!
The low-info voter will blame Big Insurance.
Yup!
What are the chances Odunga will have the Aetna takeover of Humana blocked....hahahahahahah. Probably Cruz will be the only one to even say a peep about how anti competitive it would be.
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