Insurers on Obamacare: Expect Premium Prices to Soar

[We Keep Receipts 9,238]

I just popped in for a flyby but Penny is right , the forum is wilting. The people here are mostly good folks with divergent views. I left or shall I saw abstaining because of the crazy arbitrary way the rules are applied and a personal vendetta by a mod As many of you know I was told I had to ignore someone because we argue , as if that is not what we all do here and is the purpose of the forums. I refused and still do. Btw. What's up Mr Big Dog. Ol buddy. My loyal opposition. Lol. One if my favorite opposing members here. Btw. I think under the TOS that just earned me a 24 hour ban. Peace

Wait a minute, I thought I was the number one foil up in here? I meet all the criteria, I'm black and Muslim. This is systematic racism. What's the point of an oppression card if I can't use it? Reported!

[Crashed~N2~Me 970]

We are subjects of a psychological / sociological study..?

The message I get = attack the argument.. not the poster.

& I admit...I have a tendency to toss in a few demeaning comments....now & then. But! I'm trying to repent! & be a better VJ!

[Mr. Big Dog 10,747]

But...I also think he might make a good point = As Obamacare implementation advances - Are people who were once fans - changing opinion..?

No, I don't think there are changed opinions as much as there is the issue that this forum has been all but snuffed out by moderation.

[Crashed~N2~Me 970]

Wait a minute, I thought I was the number one foil up in here? I meet all the criteria, I'm black and Muslim. This is systematic racism. What's the point of an oppression card if I can't use it? Reported!

Wonder how long you will be able to admit it before it is considered baiting...? ...come to think of it ...Reported!!

[luckytxn 2,264]

OMG. Who saw this coming?

http://finance.yahoo.com/news/insurers-obamacare-expect-premium-prices-180000930.html?bcmt=comments-postbox

Health insurance premiums will likely skyrocket next year, despite the Obama administration’s consistent assurance that consumers will not experience sticker shock under the president’s health care law.

That’s according to industry insiders who told The Hill that they are expecting the price of monthly premiums to increase significantly. In some states, rates could increase by as much as 300 percent.

Related: Obamacare Sticker Shock Found in Deductibles, Not Premiums

“There is extensive concern about rate increases next year,” said Avalere Health’s Vice President Caroline Pearson. “Particularly since early exchange enrollment is skewed toward older enrollees, some are concerned that plans will need to raise prices in 2015.”

Rates won’t be announced until the fall, however, and Pearson cautioned that it’s still too early to know what they are likely to be since the enrollment period for this year is still ongoing.

The industry’s concerns of rising premiums are largely out of step with Health and Human Services Secretary Kathleen Sebelius’s comments at a congressional hearing last week, where the secretary downplayed any potential sticker shock.

“The increases are far less significant than what they were prior to the Affordable Care Act,” Sebelius said in testimony before the House Ways and Means Committee.

Related: Consumers Hit With Surprise Tax in Obamacare Premium

But insurers say a combination of Obamacare’s new taxes and fees, as well as rule changes and delays announced to cope with the rocky rollout, will likely contribute to higher than expected rates.

For instance, the administration’s decision to allow people to keep their old policies likely means that fewer people than anticipated are enrolling on the new exchanges.

This is bad news for the Obama administration, which has routinely pointed out that premiums on the exchanges are less expensive than comparable employer-based policies. While premiums may be cheaper, out of pocket costs on exchange plans tend to be higher. A survey by HealthPocket.com found the deductibles on the exchange plans were 42 percent higher than employer based policies. But now, insurers say Obamacare consumers can expect to experience sticker shock from both premiums and deductibles.

Still, administration officials as well as health policy experts say the rising cost of premiums and deductibles were an issue even before the law took effect.

“The bottom line is that we just don’t know. Premiums were rising 7 to 10 percent a year before the law. So the question is whether we will see a continuation of that sort of single digit increase, as Sebelius said, or whether it will be larger,” MIT professor and one of the architects of Obamacare, Jonathan Gruber told The Hill.

Insurers say not everyone will see premiums rise significantly. That’s because the rates vary depending on the region and carriers available in the area.

For instance, counties that have a population that skews older or have only one major hospital system in the area will likely be hit with higher premiums. In contrast, places with a mix of healthier younger people and more competition for providers will likely see lower premiums.

_______________________________

Ouch.

2 Yahoo Posters below;

JOE 18 hours ago

12

445

Remember folks. Not a single Republican in congress voted for the ACA. Another fact: Out of the 4 million people that have signed up for ObamaDontCare only 400,000 of them were people who did not have insurance in the first place. Fact: This ACA was established for the uninsured and right now 1 in 10 have signed up. So lets do the math. A plan that is costing us billions and was set up to help 40 to 50 million uninsured American's has turned out to be less than 4 million enrolled and only 1 in 10 were uninsured to begin with. Great plan Democrats. Remember this come voting season

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JenDee 15 hours ago

8

320

Hi Harry, Yes Mr. Reid, it's me the liar. My premiums are akin or is that ACHING to a second mortgage or darn near my first mortgage, TRUTH! I am sitting on the phone for two days trying to solve my newest bill of $2088.00 for three months of healthcare that shows me owing what I have a receipt of paying for. I cannot believe this idiotic and colossal CLUSTER EFF I am solving day in/ day out month in/ month out.

Ouch. Ouch. Good New out of this Bad News? = Dems are TOAST this fall.

[Crashed~N2~Me 970]

No, I don't think there are changed opinions as much as there is the issue that this forum has been all but snuffed out by moderation.

Is it the Mods or the Report button....which came first?

OMG. Who saw this coming?

Any1 which refused the Kool - Aid.....& the ones which voted for it = Dems.

[JohnR! 5,495]

Healthcare costs have been soaring for as long as healthcare has existed.

In line with the topic of this thread, here are some more examples in sophistry or speculation:

Insurers on Obamacare: Expect lots of snow.

Insurers on Obamacare: Expect the sun to shine some days.

Insurers on Obamacare: Expect rain in the fall.

Insurers on Obamacare: Expect airplanes to be delayed

Insurers on Obamacare: Expect congestion on the 405

Insurers on Obamacare: Expect the DOW to fluctuate.

[Mr. Big Dog 10,747]

Healthcare costs have been soaring for as long as healthcare has existed.

In line with the topic of this thread, here are some more examples in sophistry or speculation:

Insurers on Obamacare: Expect lots of snow.

Insurers on Obamacare: Expect the sun to shine some days.

Insurers on Obamacare: Expect rain in the fall.

Insurers on Obamacare: Expect airplanes to be delayed

Insurers on Obamacare: Expect congestion on the 405

Insurers on Obamacare: Expect the DOW to fluctuate.

#reality

[LibCampFireClub 635]

#comeflywithme

[Crashed~N2~Me 970]

Healthcare costs have been soaring for as long as healthcare has existed.

In line with the topic of this thread, here are some more examples in sophistry or speculation:

Insurers on Obamacare: Expect lots of snow.

Insurers on Obamacare: Expect the sun to shine some days.

Insurers on Obamacare: Expect rain in the fall.

Insurers on Obamacare: Expect airplanes to be delayed

Insurers on Obamacare: Expect congestion on the 405

Insurers on Obamacare: Expect the DOW to fluctuate.

That's quite a drift = No substantive argument to refute article ...?

Wanna talk about Big Bird?! Look! There he is !! & He's holding a Flower..awwwwww...

[Crashed~N2~Me 970]

#reality

300% in some states ..? = ACA reality.

[Mr. Big Dog 10,747]

300% in some states ..? = ACA reality.

Apples are more red than oranges. Who knew?

[JohnR! 5,495]

That's quite a drift = No substantive argument to refute article ...?

Wanna talk about Big Bird?! Look! There he is !! & He's holding a Flower..awwwwww...

I am not refuting the article, so much as I am refuting the sophistry between the association.

Can you refute any of the statements I made? (I didn't think so...)

[JohnR! 5,495]

300% in some states ..? = ACA reality.

In fact, you can use any figure you wish. You can safely say in some states, healthcare coverage will increse by 10,000,000,000,000%. Any factor of zero, results in zero, therefore, for someone without health insurance, paying any premium at all will result in an astronomical increase.

[Mr. Big Dog 10,747]

In fact, insurers have raised rates on grandfathered - read: ACA exempt - plans as well. Bummer.