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New York Healthcare Premiums Are About To Explode ('Tithing' to support ObamaCare ain't cheap!)
Yahoo Finance ^ | 7/3/14 | Brett LoGiurato - Business Insider

Posted on 07/03/2014 8:27:23 AM PDT by NormsRevenge

Insurance companies operating in New York State's marketplace are expected to ask for double-digit premium hikes next year, according to new filings from the companies.

Capital New York reports the average requested increase was 13%. The New York Post reports that number at about 12%. But the bigger insurers are seeking a bigger premium hike — according to Capital, the six most popular plans in New York are requesting an average increase of almost 15%.

The Post reports that Excellus Health Plan, which has about 24,000 customers, is requesting a 19.7% hike. MVP Health Plan, which has nearly 33,000 customers, is seeking a 19% increase. New York's largest insurer — Health Republic Insurance of New York, which has 68,000 customers — is requesting a 15% increase.

The requests from states are being closely watched, after the end of the first open-enrollment period of the Affordable Care Act. According to the reports, insurers cited a number of reasons for the proposed premium hikes in their filings, including rising medical costs, having a sicker and/or older pool of customers, and new regulations and taxes levied by Obamacare.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Culture/Society; Government; Politics/Elections; US: New York
KEYWORDS: 0carenightmare; exchanges; explode; healthcare; newyork; obamacareinsurers; obamacarepremiums; premiums
INCOMING, MR. PRES__ENT!!!

not to mention Dinesh's new movie just opened.

It may help fill in some of the gaps for those who need background on how a small group of elitists installed Obama as King and now shepherd his every move.

NY, It's up to you. New York New York

If he can't make it there he can't make it anywhere

except old DC

1 posted on 07/03/2014 8:27:23 AM PDT by NormsRevenge
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I got yur double digits right here, Obama!!


2 posted on 07/03/2014 8:28:29 AM PDT by NormsRevenge (Semper Fi - Revolution is a'brewin!!!)
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To: NormsRevenge

NY’s individual insurance market was so screwed up ObamaCare was actually an improvement. In my mind everything is going as planned as ObamaCare was designed to destroy the private insurance market leading to single payer.


3 posted on 07/03/2014 8:32:52 AM PDT by C19fan
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To: NormsRevenge
Premiums UP

Waiting Times UP

Curative Therapy GONE

Drug Availability GONE

"What difference does it make?"


4 posted on 07/03/2014 8:35:55 AM PDT by Diogenesis
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To: Diogenesis

It makes no difference at all, to the exempt. Except to feed their already grossly massive egos.


5 posted on 07/03/2014 8:38:28 AM PDT by mrsmel (One Who Can See)
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To: NormsRevenge

Slapped several Libs on FB, who said Hobby Lobby would be the defining issue in keeping the Senate Democrat this Fall, really hard with the pending Obamacare rate increases last night.

They really are clueless, thinking that a very small subset of women not getting a very small set of contraceptive options, available through other means, from their employer will matter to people seeing their own healthcare costs skyrocket.

But if damn Cochrane costs us that MS Senate seat ...


6 posted on 07/03/2014 8:45:49 AM PDT by tanknetter
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To: NormsRevenge

I luv it when socialist new yorkers get hammered with socialism...


7 posted on 07/03/2014 8:58:17 AM PDT by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
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To: NormsRevenge

My husbands small company has to get new insurance this year and the rates are doubling for less care. ugh!


8 posted on 07/03/2014 9:16:33 AM PDT by luckystarmom
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To: C19fan

I’ve always thought that was their plan.


9 posted on 07/03/2014 9:19:04 AM PDT by Age of Reason
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To: NormsRevenge

Hey, feel good everyone! There are millions of illegal aliens that are getting healthcare, while us chumps who actually pay for insurance wait. Doesn’t it make you feel all warm and fuzzy inside?


10 posted on 07/03/2014 9:23:43 AM PDT by vpintheak (I will not comply!)
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To: NormsRevenge

....the only people Odungocare works for are people who don’t....


11 posted on 07/03/2014 9:41:33 AM PDT by Doogle (( USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: NormsRevenge

New York’s liberal - they deserve this. I wish I could feel more sympathy, just can’t seem to find it.


12 posted on 07/03/2014 10:07:18 AM PDT by GOPJ (Why no outrage over IRS targeting? Same reason Pravda didn't make a stink about gulags.FREnterprise)
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