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FRONT PAGE  |  7/23/2017
MONDAY, JAN 7, 2013  |  4 comments
Health Insurers Raise Some Rates by Double Digits

Health insurance companies across the country are seeking and winning double-digit increases in premiums for some customers, even though one of the biggest objectives of the Obama administration’s health care law was to stem the rapid rise in insurance costs for consumers.

Particularly vulnerable to the high rates are small businesses and people who do not have employer-provided insurance and must buy it on their own.

In California, Aetna is proposing rate increases of as much as 22 percent, Anthem Blue Cross 26 percent and Blue Shield of California 20 percent for some of those policy holders, according to the insurers’ filings with the state for 2013. These rate requests are all the more striking after a 39 percent rise sought by Anthem Blue Cross in 2010 helped give impetus to the law, known as the Affordable Care Act, which was passed the same year and will not be fully in effect until 2014. ...


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· Page 1 ·  Found: 4 user comment(s)
News Item1/9/13 2:37 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
Ah, of course that is why most countries have taken the private companies out of the equation completely. Obamacare like Romneycare, has tried to factor them in. It was pointed out on several occasions about Give healthcare a chance to evolve. More and more companies were going to stop supplying healthcare, even before Obamacare because of the greedy public sector.
4

News Item1/7/13 6:27 PM
Unprofitable Servant | Georgia  Find all comments by Unprofitable Servant
Jim Lincoln wrote:
Why am I not surprised?
AARP Opposes Cost-Shifting to Seniors in Medicare and Medicaid
.
It was part of the ORIGINAL bill, which no one had time to read. Fault lies with the dems and the president as no republican voted for it (though they tried to amend it). You start requiring insurance companies to pay for things that were not previously covered, unlike the government they can't print their own money, they need to get the funds from the people they insure. Rationing is next.
3

News Item1/7/13 5:08 PM
Mike | New York  Find all comments by Mike
Jim Lincoln wrote:
Why am I not surprised? ---
Those you disagreed with told you repeatedly that one of the means to finance Obamacare was the government cutting of Medicare, whioh results in cost increases to medicine, hospitals, etc. It ain't magic. It's math.

Looky Here

2

News Item1/7/13 2:31 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
1
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