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Health costs to $oar: NYC workers' outlay jumping 30% under Obamacare
NY Post ^ | 10/3/10 | GREGORY BRESIGER

Posted on 10/03/2010 6:32:44 AM PDT by jimbo123

Despite assurances from the Obama administration that the recently signed healthcare reform law would save Americans money, benefit professionals are seeing huge medical premium hikes and decreased benefits.

Employers and ultimately taxpayers could get sticker shock as plans companies begin to renew their medical benefits packages for 2011.

A Manhattan health benefits consultant says insurance companies are telling employers they will pay have to pay much more in 2011 -- and for reduced coverage. "It should be noted that premium increases were in excess of 30 percent over the previous year," said Barbara Brody of Barbara A. Brody & Associates. Brody said average rate increases next year for Manhattan-based firms she advises could be as high as "67 percent but will average 30 percent."

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


TOPICS: News/Current Events
KEYWORDS: deathpanels; obamacare
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1 posted on 10/03/2010 6:32:45 AM PDT by jimbo123
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To: jimbo123

That is going to leave a mark.


2 posted on 10/03/2010 6:38:29 AM PDT by Psalm 144
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To: jimbo123

he’s a joker, he’s a toker, he’s a chain smoker.


3 posted on 10/03/2010 6:43:23 AM PDT by gusopol3
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To: Psalm 144

This is good news for those who voted for DIMs and nobama. They deserve it. For those who didn’t vote for DIMs & nobama, I feel sad.


4 posted on 10/03/2010 6:44:07 AM PDT by hal ogen (1st amendment or reeducation camp?)
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To: jimbo123

Well duh.

Elementary logic and grade school math are completely beyond the very limited capabilities of the Dung-Beetle-in-Chief, West Wing full of t*rds, and our college flunkout flock of congress-critters.

The sooner we resurrect the guilotine, the better.


5 posted on 10/03/2010 6:46:43 AM PDT by Da Coyote
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To: jimbo123

And to think this is just the beginning. Wait until 2014 when it goes into full blown. Companies will be dropping insurance and electing to pay the $2,000 fine. The company I work for has an 80/20 plan. Individual cost to the company is ~$17K per year. Family plans are ~$22K per year. We are a publicly traded company. What do you think the board of directors will say?


6 posted on 10/03/2010 6:53:45 AM PDT by mmanager (This Country is facing a 3/2 pitch count and we have a Muslim hitting cleanup.)
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My cousin proudly voted for obama, and his reason was that he was going to get free health insurance...

He’s a paranoid schizophrenic, and when he said that, I asked how well his attempt to get disability from the same government that will provide him with this “free health insurance” was coming, he informed me that it would be about a year before he finds out when it goes to court, even though 3 doctors agree that he can’t hold down a job... He was oblivious to the irony in this statement.

Only a politician could have imagined that the scheme would lower costs... Sure, provide additional services to more people, while increasing taxes on many of the tools and devices used in medical care, and that will reduce prices! Sure!

Mark


7 posted on 10/03/2010 6:58:24 AM PDT by MarkL (Do I really look like a guy with a plan?)
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To: jimbo123

It’s past time for California and New York to go full bankrupt. At the least it would wake up the rest of the States.


8 posted on 10/03/2010 6:58:38 AM PDT by Deagle
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To: mmanager
Individual cost to the company is ~$17K per year. Family plans are ~$22K per year.

Actually, the company doesn't magnanimously pay for anyone's health insurance. The employee does and the salary the employee receives reflects that. It's all part of the package the employer has to pay to retain its employees. Workers would come out far ahead if their employers gave them that $17-$22K and there were free market solutions in place where they could shop all around the country to get the best rate.

9 posted on 10/03/2010 7:01:17 AM PDT by randita (Visit keyhouseraces.com to find GOP House candidates who need your support to knock off a DEM.)
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To: Psalm 144

I live here and mine went up 25 percent. I am so livid you have no idea.


10 posted on 10/03/2010 7:03:04 AM PDT by GlockThe Vote
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To: Psalm 144
Folks, when the big boys like Principle get out of the health care business you need to put stop and think. The big boys are wrong a lot of times also but what it tells me is that they think obamacare is here to stay and we are not going back to the old ways.
11 posted on 10/03/2010 7:08:31 AM PDT by PeterPrinciple ( Seeking the truth here folks.)
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To: jimbo123

This is my shocked face.


12 posted on 10/03/2010 7:08:40 AM PDT by savedbygrace (But God.)
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To: GlockThe Vote

BUT BUT BUT Barry said that costs would go DOWN by $2500 per year...


13 posted on 10/03/2010 7:09:24 AM PDT by CMailBag
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To: jimbo123

All of history, all of human experience, show that socialism always leads to a dark, cold, poverty-stricken, dangerous place. But socialists are always willing to try it again. “It’ll work this time!”


14 posted on 10/03/2010 7:18:33 AM PDT by EternalVigilance (Congress: You will never find a more wretched hive of scum and villainy.)
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To: jimbo123

This is a portion of a letter received from our CEO

“The Health Care Reform Law passed earlier this year, while broadening access to health care, could further add to the company’s costs over the next several years – and in 2018. We’ve got to work together to manage these costs. The company will continue to offer excellent health-care benefits and to bear most of the financial burden. But beginning in 2011, nonunion employees will be asked to pay a greater share of their health care costs. Health-care coverage for employees represented by unions is governed by collective bargaining agreements and will be discussed as those contracts are renegotiated.”


15 posted on 10/03/2010 7:22:01 AM PDT by NavyCanDo
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To: jimbo123

Even corporate customers now? So will the health care cost for them increase by 30% next year?


16 posted on 10/03/2010 7:22:51 AM PDT by mainsail that ('Sed quis custodiet ipsos custodes')
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To: jimbo123

Why is everyone (okay half the country) suddenly shocked?


17 posted on 10/03/2010 7:30:17 AM PDT by Red in Blue PA (Planning on using 911? Google "Brittany Zimmerman")
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To: Red in Blue PA

“Why is everyone (okay half the country) suddenly shocked?”

Because they thought the other half was going to pay for them.


18 posted on 10/03/2010 7:36:05 AM PDT by RFEngineer
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To: Red in Blue PA

Exactly right. People were warned don’t believe the lies. And now that the reality is setting in the Dems still have a shot and keeping control of Congress so we see how brainwashed many Americans still are.


19 posted on 10/03/2010 7:39:24 AM PDT by TNCMAXQ
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To: jimbo123

All according to plan.

Sooner or later the clamor will start for single-payer.


20 posted on 10/03/2010 7:39:58 AM PDT by headstamp 2 ("My Boss is a Jewish Carpenter")
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