Big Obama Care rate hikes coming in 2016

Source

They are saying a lot of 20% + rate hikes are in store. I saw this coming. The rate hikes in 2015 were disguised and made to look smaller than they actually were with higher deductibles, co-pays and more out of pocket. They don’t have anything left to disguise the hikes with this time around. I suspect whomever the new President is they will be spending a lot of time on healthcare.

The fundamental problem is out of control profit takers. You have start by eliminating the insurance companies altogether as they are a vestige from a time where you could enter the hospital and spend a couple of days in there for less than 3k.
2015 mine went up 65 percent to keep the same deductible, instead we have a $9500 deductible, what a joke! I am now paying much more than when I paid "full price" 2 years ago.
"The fundamental problem is out of control profit takers."

Medical insurance companies have among the lowest profit margins of any industry. They are also less likely than the govt to be victims of fraud
"The out of control profit takers" are only allowed to clear 20% above their overhead or they are required by law to refund the difference.

Premiums will continue to vary from state to state. States that expanded Medicaid will likely see lower premium hikes than states that did not. And if we could ever implment the "grandma killing IPAB" then we can share best practices from efficient medical institutions to ripoff medical institutions.

Regardless, premium hikes have been drastically reduced sine the passage of the ACA.

"Regardless, premium hikes have been drastically reduced sine the passage of the ACA."

obama said premiums would be reduced by $2,000.

My premiums have gone up over 30% in the last 2 years, but I did get an $80 refund for the overhead
Nostastroh keeps repeating the ultra liberal company line while Mikey7777 and hppos2 state the factual reality. As you fork over more of your money for Obeymecare and receive less coverage with higher deductables, you be the judge. Nostastroh is a liar, just like his Daddy Obeyme.
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Originally posted by: hoops2
"Regardless, premium hikes have been drastically reduced sine the passage of the ACA."

obama said premiums would be reduced by $2,000.

My premiums have gone up over 30% in the last 2 years, but I did get an $80 refund for the overhead


What were your premuium increases before Obamacare? Let DrMilled know before one of his hemmoroids bursts.
"What were your premuium increases before Obamacare? Let DrMilled know before one of his hemmoroids bursts."

One year it was zero, but generally in thr 5-8% range; a lot lower than than 15%
Insurers are required to report any rate increase request over 10 percent. So we're not seeing all the rate increases that are 10% or less, we're just seeing the biggest increases in the news.

In Washington state, 17 insurers have submitted health plans for next year. They average a 5.4% increase. But three of the requests are over for over 10%. Those three average 17%. malibber2 would pretend those 3 reflect the entire market, and he'd do it by ignoring the other 14.



In essence, Malibber2 the Gullible is pretending he can determine the height of the average American male by measuring just the Philadelphia 76ers.
Is an increase more than a $2000 decrease? Apparently not in the Liberal World.



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Originally posted by: pjstroh
Quote

Originally posted by: hoops2
"Regardless, premium hikes have been drastically reduced sine the passage of the ACA."

obama said premiums would be reduced by $2,000.

My premiums have gone up over 30% in the last 2 years, but I did get an $80 refund for the overhead


What were your premuium increases before Obamacare? Let DrMilled know before one of his hemmoroids bursts.


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