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View Full Version : Obamacare Providers Seek Double Digit Rate Increases For 2016




angelatc
09-05-2015, 02:05 PM
http://www.theguardian.com/us-news/2015/sep/05/obamacare-health-insurance-rate-increases-2016


Some states have already approved hikes as high as 36% as firms seek increases for a third of the health insurance plans listed on the Obamacare exchange


Since almost nine in 10 Americans shopping for health insurance plans on the ACA exchange receive financial assistance, most of them would not actually see a particularly drastic price increase.

puppetmaster
09-05-2015, 02:37 PM
They will see their tax refund disappear.

Lucille
09-05-2015, 03:36 PM
The one chart that proves Obamacare really is working (for the fascists)
http://www.zerohedge.com/news/2015-04-14/one-chart-proves-obamacare-really-working-fascists


Since the Obama administration began pushing the healthcare reform bill in early 2009, the stock prices of the Big Five health insurers have done remarkably well, even vs. the S&P 500, and even without taking into account their phenomenal dividend yields.

http://www.zerohedge.com/sites/default/files/images/user12162/imageroot/2015/04/Obamacare%20is%20working.jpg

angelatc
09-05-2015, 04:03 PM
Instead of hoping that competition will keep the rates down, Wisconsin Democrats have introduced a bill designed to do so (http://www.startribune.com/wisconsin-democrats-target-health-insurance-rates-with-bill/324381681/). Currently, there are six health insurance companies are seeking rate increases between 10% and 33% on the Wisconsin-listed plans. It is unlikely that the bill will pass through the state legislature, which is currently controlled by a Republican majority.

Price caps create shortages, anyone?

puppetmaster
09-05-2015, 07:36 PM
.

Price caps create shortages, anyone?[/FONT][/COLOR] gee what could go wrong...?

DamianTV
09-06-2015, 01:06 AM
You must spread some Reputation around before giving it to Lucille again.

Someone wanna cover me?

tangent4ronpaul
09-06-2015, 01:37 AM
Someone wanna cover me?

covered

-t

Lucille
09-29-2015, 12:57 PM
http://nicedeb.files.wordpress.com/2008/09/obama-fascist2.jpg

The Stunning "Explanation" An Insurance Company Just Used To Boost Health Premiums By 60%
http://www.zerohedge.com/news/2015-09-29/stunning-explanation-insurance-company-just-used-boost-health-premiums-60


It may not have been easy for Blue Cross Blue Shield to admit to their clients their premiums are set to rise by 60% due to Supreme Court-mandated tax known as "Obamacare" but it would have been the right thing.

Instead, in justifying the boost to the two-month medical premium from $867 to $1.365, the health insurer decided to use the following excuse: "With advances in medical technology, prescription drugs and ways to treat injuries and illnesses, Americans are living healthier lives. [i.e., living longer] Because of these changes, we must adjust your premium to stay in line with increased costs."

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2015/09/obamacare%20strikes_0.jpg

In other words, if you want lower costs, and avoiding 60% healthcare inflation, just do everything in your power to prevent Americans from "living healthier lives."

And just in case anyone is still confused why plunging gasoline prices simply refuse to translate into greater discretionary spending, please keep reading the above letter until you finally get.

Finally, for those who are likewise confused how companies like Valeant can boost the prices of their drugs anywhere between 90% and 2300% in 2-3 years, and get away with it without nobody noticing...

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2015/09/valeant%20price%20chart_0.jpg

Ronin Truth
09-29-2015, 04:21 PM
"Well gaaaawly, surprise, surprise, surprise, don't that jest beat all?" -- Gomer Pyle