http://www.wsj.com/articles/obamacare-sicker-shock-1471042481 Why average premiums are soaring 18% to 23% across the country. Hillary Clinton admits she’s running to extend the Obama legacy, and so far she’s had a free ride in defending it. She hasn’t even had to explain the increasingly obvious failures of ObamaCare to deliver the affordable insurance that Democrats promised. The Affordable Care Act is now rolling into its fourth year, and even liberals are starting to concede that the insurance exchanges are in distress and Congress may have to reopen the law. Premiums are high and soaring; insurers have booked multimillion-dollar losses and are terminating plans; and the customer pool is smaller, older and less healthy than the official projections. The natural result is another round of rate shock for 2017. Insurers in 49 states have submitted their premium requests to regulators, and the average “enrollment-weighted” rate increase, which accounts for market share, is in the range of 18% to 23%. The Congressional Budget Office projected 8%.
Really susprised, I thought for sure covering everyone including preexisting conditions would have made it cheaper.
HA! I don't see how anyone could expect a different result. What we buy now is not insurance. Insurance is a fixed cost that is better than the potential alternatives, it stands on it's own as the smart choice. What we get now is not worth the cost for the vast majority, if it was, the government would not need a penalty for not buying it. It is a Tax via a third party, to cover the preexisting conditions, and the vast number of people put out of work by the policies of this administration (many). To enlarge the pool of people buying insurance, is the reason Obama put a tax on employers that live up to their employment agreement with retirees. His law makes it legal by Federal law for the employers to break the prior agreements to provide the retirement healthcare coverage. Not only do they save the cost of the healthcare by dropping the retirees, they avoid the Tax on the healthcare they were providing. Gee! Who could have predicted that out come? Millions of retirees now have piss poor healthcare coverage and can not even buy the equivalent to what they had. I find it incredible that the American people did not see this result coming. I did, no crystal ball needed. When I see people brag about how wonderful it is for them, now that they can get insurance, it really pisses me off. Obama really did fundamentally change America, by fucking millions of people. Many are working part time now, and don't even know why.
It's fine with me though, everyone working part time still needs insurance on their cars and they also need haircuts. That's why the wife and I lived well over the last 10 years. I didn't choose my job because it was the only thing I could do. I'm just hoping we can kick the can down the road another 30 years. I'm just not confident that they will.
I honestly don't know if the family farm is still in the family. It was in escrow in 2005 or 2006 to be sold but the crash hit. 125 acres of prime Marijuana growing land could be a real winner in the future. I just don't talk to them so I don't know if they still own it.
Still bitter about Romney losing? No worries, you'll soon be able to be bitter over Trump losing. Or better yet, as Trump suggests, you can skip the wait and get bitter about his loss right now. The election is rigged! The polls are skewed! barfo
Not bitter about it. Just pointing out how the media has abandoned its duties as the "fourth branch of government." They're supposed to keep government honest. But they're not honest themselves anymore. I won't bother to respond to the rest of your gibberish.
If the media was actually suppressing stories as you claim, you wouldn't be able to provide links to those stories in the media, as you have done here and in your other rants against the media. If you want to prove your point, you need to mention some of the stories that aren't in the media, like the entire population of Connecticut is made up of escaped felons, or that Barack Obama's teeth are made from crepe paper and cheddar cheese. barfo
Good stuff. If I hadn't looked at that, I wouldn't know that: Donald Trump attracts racists Women are objectified Orlando shooter was a security guard barfo
That's not on CNN or NBC or ABC or CBS. That does prove my point. It is my point. A 20% rate hike in an unpopular program might be a wee bit more important than Trump Told A Bad Joke. You know: policy, substance, actually news. Something voters really might want to consider when it's time to vote.
Oh, horseshit. http://www.nbcnews.com/storyline/ob...companies-set-hike-obamacare-premiums-n564226 http://money.cnn.com/2016/06/15/news/economy/obamacare-premiums-insurers/ http://www.cbsnews.com/news/report-new-evidence-of-rising-obamacare-premiums/ Your complaint is actually more like 'the news should only show the news I think is important'. Tip for you: The kinfolk say Fox News is the place you oughta be. barfo
April, barfo. 10%, in June, barfo. 11% in June, barfo. Not 20%+. Not recently. It would not be the narrative they want at this point in the election.
Just curious as to how many other Obamacare enrollees there are on this board. For my wife and me, our premiums run $1,350 per month this year. That's about $500 a month more than we were paying before the ACA kicked in. We make a bit over the subsidy threshold. The plan has a $3,600 deductible for each of us. Of course there's a "free" annual physical and colonoscopy every 10 years. I think I'd rather be putting the $6,000 in higher premiums into a HSA and pay for those benefits myself, but I guess Obama thought I'd be better off helping to pay for someone else's insurance. If premiums go up 20%, I'm not sure what I'll do.
There were quite a few plans offered last year, but they were all pretty equally crappy. Now, with more companies dropping out, I expect to pay more for even less. Next year Medicare kicks in for us, which should help, if that doesn't go belly up.
