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To: 2ndDivisionVet

I’ll point this out....all of this has an effect on the ongoing review by insurance companies for the mid-summer 2014 rate adjustment for January of 2015. If they reach an opinion that a thirty-percent rate adjustment is necessary...it’ll shock everyone this summer as the new rates come out for 2015.

The news media seems to think that the crisis period is over...but it gets into a more dire situation as they figure how badly they guessed at the right rate, and how few signed up and actually paid. It’ll be a shocker as folks get the rate news in July and start to figure their budget game for next year. Another thousand off the family budget? Can most folks find another thousand bucks just sitting around? Increase your deductible to get a lower monthly rate, then try to avoid going to the hospital at all?


5 posted on 02/14/2014 10:27:41 PM PST by pepsionice
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To: pepsionice
The news media seems to think that the crisis period is over

Absolutely correct: the website was just the alarm for approaching colossal incompetence. The website is the floating ice in the water, the actual insurance plans are the iceberg that the Titanic is bearing down on!!!!!!

19 posted on 02/15/2014 5:39:37 AM PST by ontap
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