ObamaCare NOT working as planned

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Originally posted by: Chilcoot
20 million Americans are now receiving health coverage via Obamacare, as of May 1. So said the New England Journal of Medicine last week.

Here's how they came up with their number:
1 million adults under age 26 enrolled in their parents' plan
8 million enrolled in private coverage through the insurance marketplaces
5 million enrolled in private coverage directly through their insurer
6 million enrolled in Medicaid

"With continuing enrollment ... the numbers of Americans gaining insurance for the first time -- or insurance that is better in quality or more affordable than their previous policy -- will total in the many tens of millions."

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Originally posted by: hoops2
...Rate increases are coming in at over 10%...

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Originally posted by: hoops2
Remember when obama promised that premiums would go down by $2,500 per family. Now they think 7 or 8% is a success.. However many states increases are higher.

Insurance firms participating in New York’s ObamaCare health exchange are seeking double-digit hikes for patient medical premiums in 2015, new figures reviewed by The Post reveal.

The average hike sought by insurers for individual plans is 12 percent—but a number of firms serving large numbers of patients want to boost individual premiums by nearly 20 percent.

Connecticut’s largest insurer proposed a double-digit rate hike due to Obamacare regulations and uncertainty, but several Connecticut groups pressed state regulators to deny the private company the right to raise its rates .

Anthem Blue Cross and Blue Shield opted for a 12.5 percent rate increase, a hike which sparked a hearing by Connecticut’s Department of Insurance. The Universal Health Care Foundation of Connecticut pressed regulators to deny the substantial hike simply because many policyholders would be affected

Read more: https://dailycaller.com/2014/06/27/connecticut-groups-want-to-ban-insurer-from-hiking-premiums-due-to-obamacare/#ixzz38IQH4wip

Rate-proposal filings in the state of Washington show the four largest insurers proposing average increases across their plans ranging from 8.1 percent to 11.2 percent in a single year

In Virginia, two insurers control 86 percent of the market, and both propose steep increases in 2015 premiums. Anthem, which has 113,614 of the roughly 170,000 enrollments, wants to boost prices by an average of 8.5 percent next year, while CareFirst wants a hike of 14.9 percent. All five insurers in the Virginia exchange want price hikes, with only Kaiser’s proposal falling below an 8.5 percent increase.

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