Posted on 11/20/2012 11:36:54 AM PST by Nachum
The Obama administration issued new rules Tuesday that require insurance companies to cover people with preexisting conditions one of the most popular provisions of President Obamas healthcare law. The Health and Human Services Department also began to implement other popular, but expensive, parts of the Affordable Care Act. Regulations released Tuesday will prohibit insurers from charging women a higher premium than men, and will require plans in every state to cover certain services.
(Excerpt) Read more at thehill.com ...
Rates will rise because the Gubmint is mandating that a Health Insurance Company must return 85% of its Gross Revenues to Policyholders in the form of Benefits.
The Company has to operate on 15% of Revenues, that means covering Salaries, Buildings, Lawyers, Toilet Paper, you get the idea. Rates have to increase to cover reality by expanding that 15% to a sustainable level.
Remember America? It used to be around here somewhere.
My pre-existing condition is a communist president. Cover me!
“That would be the “Dearly Departed” section...”
All the rest go into the holding pen, commonly known as...
“The Nearly Departed section.”
Women will not be charged a higher premium than men since the premiums for men will increase.
Congratulations, you now can pay for condoms, contraceptive pills, and abortions that you will never need.
As a newly diagnosed stage 3 I find myself in this pool of lost souls. In 18 months my insurance terminates and without
coverage, so do I.
Does your insurance terminate because of ObamaCare?
“Rates will rise because the Gubmint is mandating that a Health Insurance Company must return 85% of its Gross Revenues”
I tried to explain this math to liberal acquaintances of mine, but they don’t get it.
My health insurance has increase $3,800 per year the last 2 years. Thanks to Obama care I received back about $400 this year from my insurance company.
I think the insurance company got the better end of the deal.
But the ignorant masses will just be excited about their pittance from the Messiah.
I’m still trying to figure out how we as a Free People have evolved into a Society that thinks the Federal Government can “mandate” anything beyond what is Constitutionally allowed.
I know, it’s all part of the “new normal” that started under Woodrow Wilson way back when. Obama didn’t start it, but he and his sycophants will do everything they can to finish the job of Fundamentally Changing the Republic.
Yay, we get to prepay for those with preconditions that refused to pay for themselves.
God forbid your doc tells you that you have 50% chance
of seeing 2014 provided you can stand weeks of radiation and chemo, as I have been. And also God forbid that you are without coverage, or are relegated to the VA snakepit, as
I will be in less than two years.
I suppose that we should probably euthanize hopeless cases who are sick and can’t pay, so others can wax self righteous about ‘paying their way’.
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