Obamacare causing 50% reductions in health care premiums...

[Bugsy McGurk]

VERY bad news for Republican saboteurs...

Health Plan Cost for New Yorkers Set to Fall 50%

By RONI CARYN RABIN and REED ABELSON

Published: July 16, 2013 542 Comments

State insurance regulators say they have approved rates for 2014 that are at least 50 percent lower on average than those currently available in New York. Beginning in October, individuals in New York City who now pay $1,000 a month or more for coverage will be able to shop for health insurance for as little as $308 monthly. With federal subsidies, the cost will be even lower.

Supporters of the new health care law, the Affordable Care Act, credited the drop in rates to the online purchasing exchanges the law created, which they say are spurring competition among insurers that are anticipating an influx of new customers. The law requires that an exchange be started in every state.

“Health insurance has suddenly become affordable in New York,” said Elisabeth Benjamin, vice president for health initiatives with the Community Service Society of New York. “It’s not bargain-basement prices, but we’re going from Bergdorf’s to Filene’s here.”

“The extraordinary decline in New York’s insurance rates for individual consumers demonstrates the profound promise of the Affordable Care Act,” she added.

 

[marvin martian]

This turd was already debunked.

Nice try though, your useful idiot score just went up 20 points!

http://www.nationalreview.com/corne...e-cuts-ny-health-premiums-50-percent-avik-roy

 

[Bugsy McGurk]

This turd was already debunked.

Nice try though, your useful idiot score just went up 20 points!

http://www.nationalreview.com/corne...e-cuts-ny-health-premiums-50-percent-avik-roy

A right wing hack denying reality does not alter the reality.

 

[Bo-4]

This turd was already debunked.

Nice try though, your useful idiot score just went up 20 points!

http://www.nationalreview.com/corne...e-cuts-ny-health-premiums-50-percent-avik-roy

Debunked by Palin-Lustboy Rich Lowry and his pals? LoL!

My individual premium (self-employed) went down $50 per month LAST year for better coverage with Blue Cross of Idaho. Just got a letter from Blue Cross outlining even more choice in '14.

They'll be coming out with some even better plans because they finally have competition here.

 

[worldlymrb]

According to:

http://www.ehealthinsurance.com/ehi...edit=false&ajax=false&screenName=best-sellers

I can get Blue Cross/Blue Shield in the Central Bronx for $184 a month right now.

 

[worldlymrb]

Debunked by Palin-Lustboy Rich Lowry and his pals? LoL!

My individual premium (self-employed) went down $50 per month LAST year for better coverage with Blue Cross of Idaho. Just got a letter from Blue Cross outlining even more choice in '14.

They'll be coming out with some even better plans because they finally have competition here.

LOL...yeah right! did you increase your deductible to $10K?

 

[Bo-4]

LOL...yeah right! did you increase your deductible to $10K?

Nope, my deductible dropped from $4000 to $2500 and my policy includes nearly all preventative care. For example, my flu shots are free and my last annual physical (including full blood screen) was paid 100%.

 

[Bugsy McGurk]

Debunked by Palin-Lustboy Rich Lowry and his pals? LoL!

My individual premium (self-employed) went down $50 per month LAST year for better coverage with Blue Cross of Idaho. Just got a letter from Blue Cross outlining even more choice in '14.

They'll be coming out with some even better plans because they finally have competition here.

What a bitter pill for Republican saboteurs to swallow!

Obamacare causing their premiums to go DOWN!

They would so much prefer a doubling!

;-)

 

[worldlymrb]

Nope, my deductible dropped from $4000 to $2500 and my policy includes nearly all preventative care. For example, my flu shots are free and my last annual physical (including full blood screen) was paid 100%.

Gee, I guess your insurance provider is expecting to be rolling in dough after everybody is mandated to buy insurance and with all that govt subsidies flowing in.

 

[PhilFish]

VERY bad news for Republican saboteurs...

Health Plan Cost for New Yorkers Set to Fall 50%

By RONI CARYN RABIN and REED ABELSON

Published: July 16, 2013 542 Comments

State insurance regulators say they have approved rates for 2014 that are at least 50 percent lower on average than those currently available in New York. Beginning in October, individuals in New York City who now pay $1,000 a month or more for coverage will be able to shop for health insurance for as little as $308 monthly. With federal subsidies, the cost will be even lower.

Supporters of the new health care law, the Affordable Care Act, credited the drop in rates to the online purchasing exchanges the law created, which they say are spurring competition among insurers that are anticipating an influx of new customers. The law requires that an exchange be started in every state.

“Health insurance has suddenly become affordable in New York,” said Elisabeth Benjamin, vice president for health initiatives with the Community Service Society of New York. “It’s not bargain-basement prices, but we’re going from Bergdorf’s to Filene’s here.”

“The extraordinary decline in New York’s insurance rates for individual consumers demonstrates the profound promise of the Affordable Care Act,” she added.

Is great..however...NYers will be able to shop for rates as low as... not that all rates will brop by 50%

NY law already prohibits higher rates or exclusion for older, or persons with preexisting conditions

 

[trapdoor]

My insurance rates have doubled over the last five years. I'm still waiting to see the "benefit" Obamacare will bring.

 

[Bugsy McGurk]

My insurance rates have doubled over the last five years. I'm still waiting to see the "benefit" Obamacare will bring.

Of course, Obamacare hadn't kicked in yet. Dunno who told you it had.

Fox Noise?

 

[trapdoor]

Of course, Obamacare hadn't kicked in yet. Dunno who told you it had.

Fox Noise?

I live in Iowa -- exactly what mechanism of Obamacare is going to lower my premiums? None.

 

[Bo-4]

Gee, I guess your insurance provider is expecting to be rolling in dough after everybody is mandated to buy insurance and with all that govt subsidies flowing in.

Yep, they should be rolling in dough and i will no longer be forced to pay for deadbeats.

 

[trapdoor]

Yep, they should be rolling in dough and i will no longer be forced to pay for deadbeats.

You're dreaming. Employers are already working to limit themselves to fewer than 50 full-time employees, throwing more people on to the "deadbeat" zone. Those people will either have to go to the non-existent (in most places) "exchanges" or, more likely, they will pay the penalty and go without insurance. Either way, the rest of us end up paying for their health care because we subsidize the exchanges and the "not a penalty" isn't enough to cover them. TAANSTAFL.

 

[Drumcollie]

Tell us again where you got these lies?

 

[JuliefromOhio]

I live in Iowa -- exactly what mechanism of Obamacare is going to lower my premiums? None.

the 80/20 med loss ratio.

 

[JuliefromOhio]

here's the link. there's much more in the article.

http://www.nytimes.com/2013/07/17/h...rs-set-to-fall-50.html?hp&_r=4&pagewanted=all&

 

[Bugsy McGurk]

I live in Iowa -- exactly what mechanism of Obamacare is going to lower my premiums? None.

Depends on how much your Republican pols sabotage the exchanges.

 

[Drumcollie]

Here’s a summary of the research:
A nationwide study conducted by Milliman Inc. for the Society of Actuaries found that nationwide the premiums in the individual market would increase from 8 to 37 percent in 2014 — with a cumulative increase of as much as 122 percent between 2013 and 2017.
Indiana determined the law would boost premiums in the individual market on average by 75 to 95 percent and in the small employer market by 5-10 percent in 2014.
Ohio found rates would go up 55 to 85 percent above current rates, before tax credits.
Minnesota concluded that individual market premiums will increase between 26 to 42 percent
Maine said individual premiums will increase on average by 40 percent and premiums in the small group market are likely to increase 8 to 9 percent. About 20 percent of the individual market would still experience premium increases even after subsidies.
Maryland concluded individual premiums will go up on average by 34 to 36 percent and in the small employer market on average by 2 percent
Wisconsin found that before tax credits, the average premium increase in the individual market will be 30 percent.
Colorado said individual premiums will go up on average 19 percent.
Rhode Island found that before tax subsidies, premiums for individuals will increase on average by 8 percent.

http://www.washingtonpost.com/blogs...24048f2-e245-11e1-a25e-15067bb31849_blog.html

One has to wonder why NY is the only State claiming a reduction...I think we will be suffering at the hands of lefty math once again...It is going to cost less to while inflation rises. Not really what one would think to be accurate.

About whether or not Obamacare will reduce rates...the evidence says no

Significant factual error and/or obvious contradictions.