The Obamacare Cluster-F - double digit increases?

[MrMike]

Looks like the affordable care act isn't so affordable after all...

Between deductibles that are out of reach, caregivers who abandoned ship and premiums that were already too high (for less coverage), now many seek double digit premium increases?

Can someone clearly explain again how this ridiculous intrusion of our government is better for the non-subsidized American citizen who used to be middle class?

Will these big Obamacare rates get approved?

There are some eye-popping proposed Obamacare rate increases for next year. But whether they turn out to be the norm or the exception won't be known until October.

The federal agency in charge of Obamacare revealed on Monday afternoon details of many of the Obamacare insurance plans requesting premium rate hikes of 10 percent or more for 2016.

(Tweet this)

The data, which can be accessed at RateReview.HealthCare.gov. includes exactly how much more an insurer wants to charge next year, and the justification for that increase.

But information about lesser price increases being proposed, or even proposed price decreases, were not released. That makes it impossible, for the moment, to determine just how much insurers want to raise their premiums overall in the United States for 2016.

The Centers for Medicare and Medicaid Services released the proposed hikes of 10 percent or more in 37 states using the federal HealthCare.gov insurance platform, as well as several other states using their own Obamacare insurance exchanges. Two of the biggest states, California and New York, do not have proposed rates onRateReview.HealthCare.gov yet.

Both plans sold on government-run Obamacare exchanges and ones sold off those exchange are included on RateReview.HealthCare.gov.

Read MoreGOP Obamacare 'fix' has big risks

A check of the site for Georgia found that Aetna HMO plan sold on HealthCare.gov is seeking a 15.57 percent increase in its monthly premiums. And Alliance Health Plans in Georgia is asking for a whopping 37.85 percent premium hike for its SoloCare individual plan sold on that same federal insurance exchange.

In the Midwest, Blue Cross Blue Shield of Illinois asked for price increases of 12.83 percent for one plan, but also wants a 29.09 percent hike for another plan, and a 38.24 percent bump for a third plan. More than 329,000 current Blue Cross Blue Shield Customers are in those or similar plans now.

Blue Cross Blue Shield, in its rate filing wrote, "The main driver of the increase in the proposed rates is that the actual claims experience of the members in these individual ... policies is significantly higher than expected."




http://www.cnbc.com/id/102723185

 

[Barbella]

Looks like the affordable care act isn't so affordable after all...

Between deductibles that are out of reach, caregivers who abandoned ship and premiums that were already too high (for less coverage), now many seek double digit premium increases?

Can someone clearly explain again how this ridiculous intrusion of our government is better for the non-subsidized American citizen who used to be middle class?

Will these big Obamacare rates get approved?

There are some eye-popping proposed Obamacare rate increases for next year. But whether they turn out to be the norm or the exception won't be known until October.

The federal agency in charge of Obamacare revealed on Monday afternoon details of many of the Obamacare insurance plans requesting premium rate hikes of 10 percent or more for 2016.

(Tweet this)

The data, which can be accessed at RateReview.HealthCare.gov. includes exactly how much more an insurer wants to charge next year, and the justification for that increase.

But information about lesser price increases being proposed, or even proposed price decreases, were not released. That makes it impossible, for the moment, to determine just how much insurers want to raise their premiums overall in the United States for 2016.

The Centers for Medicare and Medicaid Services released the proposed hikes of 10 percent or more in 37 states using the federal HealthCare.gov insurance platform, as well as several other states using their own Obamacare insurance exchanges. Two of the biggest states, California and New York, do not have proposed rates onRateReview.HealthCare.gov yet.

Both plans sold on government-run Obamacare exchanges and ones sold off those exchange are included on RateReview.HealthCare.gov.

Read MoreGOP Obamacare 'fix' has big risks

A check of the site for Georgia found that Aetna HMO plan sold on HealthCare.gov is seeking a 15.57 percent increase in its monthly premiums. And Alliance Health Plans in Georgia is asking for a whopping 37.85 percent premium hike for its SoloCare individual plan sold on that same federal insurance exchange.

In the Midwest, Blue Cross Blue Shield of Illinois asked for price increases of 12.83 percent for one plan, but also wants a 29.09 percent hike for another plan, and a 38.24 percent bump for a third plan. More than 329,000 current Blue Cross Blue Shield Customers are in those or similar plans now.

Blue Cross Blue Shield, in its rate filing wrote, "The main driver of the increase in the proposed rates is that the actual claims experience of the members in these individual ... policies is significantly higher than expected."




http://www.cnbc.com/id/102723185

The very poor are the only ones who are benefitting from this clusterf*ck. The middle class is being asked to pay for it all, and is getting killed.... quickly becoming the "new" poor.

Mission accomplished.

 

[Lukey]

The very poor are the only ones who are benefitting from this clusterf*ck. The middle class is being asked to pay for it all, and is getting killed.... quickly becoming the "new" poor.

Mission accomplished.

Yes, it was just thinly veiled wealth redistribution from our commie in chief!

 

[as seen on tv]

top 10 reasons your obamacare premiums are going through the roof.

10 - the $500 million obamacare website cost about $400 million more than it should have.

9 - the average cost of a new obamacare enrollee who used a "navigator" was over $10,000 in incentive fees.

8 - nobody without subsidies is enrolling in obamacare. they are either already enrolled in employer provided coverage, or simply opting out and paying the fine, which is so much cheaper.

7 - medical marijuana

6 - the OMB and GAO were criminally negligent in their assessment of obamcare costs and premiums. they even suggested at one point it would reduce the federal deficit

5 - people haven't stopped going to the emergency room for treatment after all, even after enrollment. They know where it is from past experirence, and its on the bus route. They've never been to their primary Obamacare provider, because its not on a bus route. Plus the wait for an appointment is "forever"

4 - a bunch of illegal aliens with identity theft are enrolled in obamacare, and are subsidized

3 - the system was "gamed" by the government the first year to keep the premiums atificially low

2 - if congress had read the bill before passing it, they'd have figured out that it couldn't possibly keep costs low.

1 - there is NOTHING managed by the federal government that is a bargain; not pentagon procurement; not public school staff salaries and benefits; not "shovel ready" projects; not the safety of the social security trust fund . . .

 

[Arkady]

Looks like the affordable care act isn't so affordable after all...

Between deductibles that are out of reach, caregivers who abandoned ship and premiums that were already too high (for less coverage), now many seek double digit premium increases?

Can someone clearly explain again how this ridiculous intrusion of our government is better for the non-subsidized American citizen who used to be middle class?

Will these big Obamacare rates get approved?

There are some eye-popping proposed Obamacare rate increases for next year. But whether they turn out to be the norm or the exception won't be known until October.

The federal agency in charge of Obamacare revealed on Monday afternoon details of many of the Obamacare insurance plans requesting premium rate hikes of 10 percent or more for 2016.

(Tweet this)

The data, which can be accessed at RateReview.HealthCare.gov. includes exactly how much more an insurer wants to charge next year, and the justification for that increase.

But information about lesser price increases being proposed, or even proposed price decreases, were not released. That makes it impossible, for the moment, to determine just how much insurers want to raise their premiums overall in the United States for 2016.

The Centers for Medicare and Medicaid Services released the proposed hikes of 10 percent or more in 37 states using the federal HealthCare.gov insurance platform, as well as several other states using their own Obamacare insurance exchanges. Two of the biggest states, California and New York, do not have proposed rates onRateReview.HealthCare.gov yet.

Both plans sold on government-run Obamacare exchanges and ones sold off those exchange are included on RateReview.HealthCare.gov.

Read MoreGOP Obamacare 'fix' has big risks

A check of the site for Georgia found that Aetna HMO plan sold on HealthCare.gov is seeking a 15.57 percent increase in its monthly premiums. And Alliance Health Plans in Georgia is asking for a whopping 37.85 percent premium hike for its SoloCare individual plan sold on that same federal insurance exchange.

In the Midwest, Blue Cross Blue Shield of Illinois asked for price increases of 12.83 percent for one plan, but also wants a 29.09 percent hike for another plan, and a 38.24 percent bump for a third plan. More than 329,000 current Blue Cross Blue Shield Customers are in those or similar plans now.

Blue Cross Blue Shield, in its rate filing wrote, "The main driver of the increase in the proposed rates is that the actual claims experience of the members in these individual ... policies is significantly higher than expected."




http://www.cnbc.com/id/102723185

We'll see whether those get approved. But, so far, premium increases have been slower in the years since Obamacare passed than they had been in the decades leading up to the passage of Obamacare. Between that and the fact that the percentage of Americans covered by health insurance has climbed, after decades of falling, and that this is despite many people moving from "health insurance" that barely deserved the label to more robust coverage, initial signs are positive.

 

[Queen Titania]

Looks like the affordable care act isn't so affordable after all...

Between deductibles that are out of reach, caregivers who abandoned ship and premiums that were already too high (for less coverage), now many seek double digit premium increases?

Can someone clearly explain again how this ridiculous intrusion of our government is better for the non-subsidized American citizen who used to be middle class?

Will these big Obamacare rates get approved?

There are some eye-popping proposed Obamacare rate increases for next year. But whether they turn out to be the norm or the exception won't be known until October.

The federal agency in charge of Obamacare revealed on Monday afternoon details of many of the Obamacare insurance plans requesting premium rate hikes of 10 percent or more for 2016.

(Tweet this)

The data, which can be accessed at RateReview.HealthCare.gov. includes exactly how much more an insurer wants to charge next year, and the justification for that increase.

But information about lesser price increases being proposed, or even proposed price decreases, were not released. That makes it impossible, for the moment, to determine just how much insurers want to raise their premiums overall in the United States for 2016.

The Centers for Medicare and Medicaid Services released the proposed hikes of 10 percent or more in 37 states using the federal HealthCare.gov insurance platform, as well as several other states using their own Obamacare insurance exchanges. Two of the biggest states, California and New York, do not have proposed rates onRateReview.HealthCare.gov yet.

Both plans sold on government-run Obamacare exchanges and ones sold off those exchange are included on RateReview.HealthCare.gov.

Read MoreGOP Obamacare 'fix' has big risks

A check of the site for Georgia found that Aetna HMO plan sold on HealthCare.gov is seeking a 15.57 percent increase in its monthly premiums. And Alliance Health Plans in Georgia is asking for a whopping 37.85 percent premium hike for its SoloCare individual plan sold on that same federal insurance exchange.

In the Midwest, Blue Cross Blue Shield of Illinois asked for price increases of 12.83 percent for one plan, but also wants a 29.09 percent hike for another plan, and a 38.24 percent bump for a third plan. More than 329,000 current Blue Cross Blue Shield Customers are in those or similar plans now.

Blue Cross Blue Shield, in its rate filing wrote, "The main driver of the increase in the proposed rates is that the actual claims experience of the members in these individual ... policies is significantly higher than expected."




http://www.cnbc.com/id/102723185

Wrong system - cut out the Insurance companies, all who are working pay into the pot, and make it 'free at the point of delivery' for all.

 

[Mr. Friscus]

All health insurance through schools around Cleveland are going up 3% this year.

 

[ya-ta-hey]

We'll see whether those get approved. But, so far, premium increases have been slower in the years since Obamacare passed than they had been in the decades leading up to the passage of Obamacare. Between that and the fact that the percentage of Americans covered by health insurance has climbed, after decades of falling, and that this is despite many people moving from "health insurance" that barely deserved the label to more robust coverage, initial signs are positive.

Mr. Arkady,

You mean like this:

Aetna Health of California Inc. 20523 Aetna Health Maintenance Organization - CAL CHOICE: 22.19% increase; Review Complete

Or from your home state:

Health New England, Inc.: 14.05% increase; Review Complet

 

[Arkady]

Mr. Arkady,

You mean like this:

Aetna Health of California Inc. 20523 Aetna Health Maintenance Organization - CAL CHOICE: 22.19% increase; Review Complete

Or from your home state:

Health New England, Inc.: 14.05% increase; Review Complet

No. I'm referring to the fact that average premium increases have been lower since Obamacare passed than in the decades leading up to it. Cherry picked anecdotes don't counter the overall trend.

 

[ya-ta-hey]

No. I'm referring to the fact that average premium increases have been lower since Obamacare passed than in the decades leading up to it. Cherry picked anecdotes don't counter the overall trend.

Mr. Arkady,

Oh, I did not realize you were throwing out a red herring argument.

Carry on then.

 

[Arkady]

Mr. Arkady,

Oh, I did not realize you were throwing out a red herring argument.

Carry on then.

What makes you think it's a red herring argument?

 

[ya-ta-hey]

What makes you think it's a red herring argument?

Mr. Arkady,

The main argument is that health care premiums will increase significantly next year. You threw out the retort retort that health care premiums have increase slower since Obama care was passed.

I mean, it does open my argument up to say that is why rates are set to increase so much, i.e., because early controls on Obamacare has artificially kept premium increases low, and now those controls are removed, rates will increase significantly. Or I could point out that while premium increases has slowed, patient out of pocket costs has increased significantly, and that, on top of the upcoming significant increases in premiums will present a huge burden on the insured.

But again, all red herring, because we are talking the here and now, now that Insurers are seeing the impact of Obamacare, and are saying they can survive with the low premiums now that the reality of the law has set in.

 

[worldlymrb]

That's the ObamaCare plan. Make health care unaffordable for the middle class and force them to accept subsidizes. That way the middle class will learn to shut up and do as they're told much like minorities and the poor.

 

[Drumcollie]

The GOP's Obamacare Deception Exposed

That the Democratic response to double digit increases

 

[Spamature]

Looks like the affordable care act isn't so affordable after all...

Between deductibles that are out of reach, caregivers who abandoned ship and premiums that were already too high (for less coverage), now many seek double digit premium increases?

Can someone clearly explain again how this ridiculous intrusion of our government is better for the non-subsidized American citizen who used to be middle class?

Will these big Obamacare rates get approved?

There are some eye-popping proposed Obamacare rate increases for next year. But whether they turn out to be the norm or the exception won't be known until October.

The federal agency in charge of Obamacare revealed on Monday afternoon details of many of the Obamacare insurance plans requesting premium rate hikes of 10 percent or more for 2016.

(Tweet this)

The data, which can be accessed at RateReview.HealthCare.gov. includes exactly how much more an insurer wants to charge next year, and the justification for that increase.

But information about lesser price increases being proposed, or even proposed price decreases, were not released. That makes it impossible, for the moment, to determine just how much insurers want to raise their premiums overall in the United States for 2016.

The Centers for Medicare and Medicaid Services released the proposed hikes of 10 percent or more in 37 states using the federal HealthCare.gov insurance platform, as well as several other states using their own Obamacare insurance exchanges. Two of the biggest states, California and New York, do not have proposed rates onRateReview.HealthCare.gov yet.

Both plans sold on government-run Obamacare exchanges and ones sold off those exchange are included on RateReview.HealthCare.gov.

Read MoreGOP Obamacare 'fix' has big risks

A check of the site for Georgia found that Aetna HMO plan sold on HealthCare.gov is seeking a 15.57 percent increase in its monthly premiums. And Alliance Health Plans in Georgia is asking for a whopping 37.85 percent premium hike for its SoloCare individual plan sold on that same federal insurance exchange.

In the Midwest, Blue Cross Blue Shield of Illinois asked for price increases of 12.83 percent for one plan, but also wants a 29.09 percent hike for another plan, and a 38.24 percent bump for a third plan. More than 329,000 current Blue Cross Blue Shield Customers are in those or similar plans now.

Blue Cross Blue Shield, in its rate filing wrote, "The main driver of the increase in the proposed rates is that the actual claims experience of the members in these individual ... policies is significantly higher than expected."




http://www.cnbc.com/id/102723185

NO they will not be approved

 

[MrMike]

And you confirmed this how?

NO they will not be approved

 

[Spamature]

And you confirmed this how?

They won't. Insurance companies are trying to highball the numbers to get as big a rate increase as the govt will allow. But the govt rarely if ever gives them what they ask for.

 

[Lukey]

We'll see whether those get approved. But, so far, premium increases have been slower in the years since Obamacare passed than they had been in the decades leading up to the passage of Obamacare. Between that and the fact that the percentage of Americans covered by health insurance has climbed, after decades of falling, and that this is despite many people moving from "health insurance" that barely deserved the label to more robust coverage, initial signs are positive.

Propaganda alert! That was due to the ongoing recession and reduced employment driving down the employer share of the costs while driving up the employee/individual portion of health care spending:



Everything you believe about economics is wrong. And now that Obamacare has mandated a bunch of new "free" coverages the costs for those with insurance is set to "necessarily skyrocket."

 

[marvin martian]

Yes, it was just thinly veiled wealth redistribution from our commie in chief!

I don't think it was veiled at all. How many times has Obama openly and explicitly stated he wants to redistribute wealth? Several, that I can recall. His agenda has been on the table for a long time. When the hammer comes down (and it will), those who brought it about will not be able to hide behind the excuse of ignorance.

 

[marvin martian]

They won't. Insurance companies are trying to highball the numbers to get as big a rate increase as the govt will allow. But the govt rarely if ever gives them what they ask for.

LOL. You know who wrote the law, right?