Insurance executives need to be ready for Chicago Alinsky muscle.
To: Oldeconomybuyer
These increases will not be released to the public until after the election. Barry’s toads in the state controlled “media” will see to that.
2 posted on
07/08/2014 7:15:02 AM PDT by
FlingWingFlyer
(The future must not belong to those who slander bacon.)
To: Oldeconomybuyer
Every preliminary rate will be reviewed and negotiated by state and federal insurance authorities, and based on past years, many will end up cut significantly. But the White House and its allies recognize that rates have gone up under Obamacare will always make an easier headline than their response the initial bids wont necessarily be the final rate; the announced averages are misleading because they give equal weight to larger and smaller insurers; rates have gone up at a lower rate than would likely have happened otherwise; and subsidies are built into the law to compensate for some of those increases as well as potential end-of-year rebates for inordinate hikes. You can bet there will be tremendous pressure and lots of carrots to reduce rates. I have no sympathy for the insurance companies, which supported Obamacare because they thought they would get a huge increase in customers mandated to use their services and most of it subsidized by the government.
3 posted on
07/08/2014 7:35:18 AM PDT by
kabar
To: Oldeconomybuyer
Emperor Obama will just take his pen and decree that there will be no increase in health insurance premiums. So his order will bankrupt the health insurance industry, but that was his intent so he can implement a government run system.
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