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Cost increase due to ACA
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JerryJeff Offline
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Cost increase due to ACA
My company received a letter from a vendor today that specifically cites the ACA for a price increase.

Quote:Over the past year, we've experienced sustained cost increases in several areas of our core operations. We, like many companies, are being particularly challenged by government mandates related to the Affordable Care Act (ACA) and wages.

I wonder how many more we will get?
(This post was last modified: 08-05-2014 02:45 PM by JerryJeff.)
08-05-2014 02:45 PM
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Redwingtom Offline
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RE: Cost increase due to ACA
[Image: Dv5e5.gif]
08-05-2014 02:50 PM
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JerryJeff Offline
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RE: Cost increase due to ACA
(08-05-2014 02:50 PM)Redwingtom Wrote:  [Image: Dv5e5.gif]

So, how many more price increase letters are going to be coming down the pike?
08-05-2014 02:59 PM
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DrTorch Offline
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RE: Cost increase due to ACA
I like how timmy tries to dismiss everything he disagrees with. At least those w/o big words.
08-05-2014 03:00 PM
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RE: Cost increase due to ACA
(08-05-2014 02:50 PM)Redwingtom Wrote:  [Image: Dv5e5.gif]


Only liberal nut-jobs would think that rising insurance rates due to Oabamacare is "cool".
08-05-2014 03:02 PM
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JMUDunk Offline
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RE: Cost increase due to ACA
yea, just dismiss it as if it's not actually happening. OR, Better, he'll call you a liar for repeating exactly what industry experts will tell you straight to your face.

THAT'S a cool story bro.

STILL waiting on that $2500 bucks.

Actually, for the viewers/posters in this thread a quick ?. Has anyone seen a cost savings of 2500 bucks? It was to be "on average", so clearly some must be considerably more than that promised. Cause everyone I know has seen their premiums, deductibles, and everything else associated with this debacle go through the roof.

Anyone? ONE person? 2500 bucks? Bueller?
08-05-2014 03:24 PM
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Redwingtom Offline
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RE: Cost increase due to ACA
Well JMU, in fairness to Obama, that 'promise' was made way before the final law was passed and was based on something that never ended up being the law.

Yeah, he shouldn't have put it in such finite terms, but still...he didn't get totally what he wanted out of the law so we'll never know what would have happened.

And I'm not dismissing increased costs...I'm being flippant because we don't know detail one of this situation. We don't know the poster, the vendor, the cost increase, or the actual reasons why.

But please feel free to let me know how much your health care costs were decreasing each year before the ACA, which again, is just really now starting.
08-05-2014 03:42 PM
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JerryJeff Offline
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RE: Cost increase due to ACA
(08-05-2014 03:42 PM)Redwingtom Wrote:  And I'm not dismissing increased costs...I'm being flippant because we don't know detail one of this situation. We don't know the poster, the vendor, the cost increase, or the actual reasons why.

I typed directly from their letter the reason why, the ACA. I don't know what the increase is yet either. They simply state that on Aug 14, 2014 there will be a "modest" increase.
08-05-2014 03:49 PM
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JMUDunk Offline
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RE: Cost increase due to ACA
(08-05-2014 03:42 PM)Redwingtom Wrote:  Well JMU, in fairness to Obama, that 'promise' was made way before the final law was passed and was based on something that never ended up being the law.

Yeah, he shouldn't have put it in such finite terms, but still...he didn't get totally what he wanted out of the law so we'll never know what would have happened.

And I'm not dismissing increased costs...I'm being flippant because we don't know detail one of this situation. We don't know the poster, the vendor, the cost increase, or the actual reasons why.

But please feel free to let me know how much your health care costs were decreasing each year before the ACA, which again, is just really now starting.

Who claimed that? Not I, nor anyone I've seen here or heard from elsewhere. Didn't the democrat party own both the House and Senate and the Presidency?

How is it that the ONE thing that was to actually save the American people some money wasn't part of "everything" he wanted? He most certainly made that pledge, did he not? Shall we go down the list of those pledges?

Were they not part of "everything" he wanted also? So ES was the victim of his own party's bumbling incompetence? Fascinating. We were told this is a "big F#$%ing deal" I guess it is. A really, really bad F$%^ing deal.
(This post was last modified: 08-05-2014 03:51 PM by JMUDunk.)
08-05-2014 03:50 PM
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Redwingtom Offline
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Post: #10
RE: Cost increase due to ACA
(08-05-2014 03:49 PM)JerryJeff Wrote:  
(08-05-2014 03:42 PM)Redwingtom Wrote:  And I'm not dismissing increased costs...I'm being flippant because we don't know detail one of this situation. We don't know the poster, the vendor, the cost increase, or the actual reasons why.

I typed directly from their letter the reason why, the ACA. I don't know what the increase is yet either. They simply state that on Aug 14, 2014 there will be a "modest" increase.

Yes, I don't doubt that's the reason the vendor told you. Doesn't mean it's totally accurate does it? Again, we don't know the vendor. And they also mention several core operations with costs increases which doesn't necessarily mean they're all tied to the ACA.
08-05-2014 03:55 PM
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Redwingtom Offline
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RE: Cost increase due to ACA
(08-05-2014 03:50 PM)JMUDunk Wrote:  
(08-05-2014 03:42 PM)Redwingtom Wrote:  Well JMU, in fairness to Obama, that 'promise' was made way before the final law was passed and was based on something that never ended up being the law.

Yeah, he shouldn't have put it in such finite terms, but still...he didn't get totally what he wanted out of the law so we'll never know what would have happened.

And I'm not dismissing increased costs...I'm being flippant because we don't know detail one of this situation. We don't know the poster, the vendor, the cost increase, or the actual reasons why.

But please feel free to let me know how much your health care costs were decreasing each year before the ACA, which again, is just really now starting.

Who claimed that? Not I, nor anyone I've seen here or heard from elsewhere. Didn't the democrat party own both the House and Senate and the Presidency?

How is it that the ONE thing that was to actually save the American people some money wasn't part of "everything" he wanted? He most certainly made that pledge, did he not? Shall we go down the list of those pledges?

Were they not part of "everything" he wanted also? So ES was the victim of his own party's bumbling incompetence? Fascinating. We were told this is a "big F#$%ing deal" I guess it is. A really, really bad F$%^ing deal.

Nobody claimed it dude, that was my point...all costs were going up before the ACA..and I think quite a few have actually slowed since then.

And I never said he didn't say that and I never said he should have said it...in fact, I said he shouldn't have said it. But again, when he did say it, the law was not set in stone yet...that's why he should not have said it. But it's no different than anything a campaigning politician says. They run their proposed plans and tout their proposed results.
08-05-2014 03:59 PM
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jh Offline
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RE: Cost increase due to ACA
(08-05-2014 03:42 PM)Redwingtom Wrote:  Well JMU, in fairness to Obama, that 'promise' was made way before the final law was passed and was based on something that never ended up being the law.

In fairness to the truth, that is simply untrue.

Quote:In selling the Affordable Care Act to the American public, the president often repeated the same refrain: “If you like your plan, you can keep your plan,” he said in St. Charles, Mo., March 10, 2010.

“If you like your plan, you can keep your plan. If you like your doctor, you can keep your doctor,” he said five days later in Strongsville, Ohio. . . .

The president first tweaked his original promise in a speech in Boston last week where he said that “for the vast majority of people who have health insurance that works, you can keep it.”
http://abcnews.go.com/blogs/politics/201...your-plan/

The ACA was signed into law on March 23, 2010. Because it was passed through the reconciliation process, there could be no substantive amendments to the bill as it was passed by the Senate on December 24, 2009. This article includes at least two examples of Obama making the promise after the text of the bill was set in stone.

And the article is dated November 4, 2013, which would have put Obama's first attempt at backtracking in late October of 2013. I am willing to bet he made that same promise more than once between March of 2010 and October of 2013.
08-05-2014 06:44 PM
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Owl 69/70/75 Offline
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Post: #13
RE: Cost increase due to ACA
It's not cost I'm worried about. It's quality. And that will be a longer term problem. I simply see no way that Obamacare can result in anything other than a decrease in quality long term.
08-05-2014 08:53 PM
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Niner National Offline
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Post: #14
RE: Cost increase due to ACA
(08-05-2014 03:24 PM)JMUDunk Wrote:  yea, just dismiss it as if it's not actually happening. OR, Better, he'll call you a liar for repeating exactly what industry experts will tell you straight to your face.

THAT'S a cool story bro.

STILL waiting on that $2500 bucks.

Actually, for the viewers/posters in this thread a quick ?. Has anyone seen a cost savings of 2500 bucks? It was to be "on average", so clearly some must be considerably more than that promised. Cause everyone I know has seen their premiums, deductibles, and everything else associated with this debacle go through the roof.

Anyone? ONE person? 2500 bucks? Bueller?
My premiums are down 40% and my deductible went down ~50%. My copay did go from $0 to $20 or $25 though.

I make more than double the threshold to qualify for subsidies, so my rate is not being subsidized.
(This post was last modified: 08-05-2014 09:44 PM by Niner National.)
08-05-2014 09:44 PM
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200yrs2late Offline
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Re: RE: Cost increase due to ACA
(08-05-2014 09:44 PM)Niner National Wrote:  
(08-05-2014 03:24 PM)JMUDunk Wrote:  yea, just dismiss it as if it's not actually happening. OR, Better, he'll call you a liar for repeating exactly what industry experts will tell you straight to your face.

THAT'S a cool story bro.

STILL waiting on that $2500 bucks.

Actually, for the viewers/posters in this thread a quick ?. Has anyone seen a cost savings of 2500 bucks? It was to be "on average", so clearly some must be considerably more than that promised. Cause everyone I know has seen their premiums, deductibles, and everything else associated with this debacle go through the roof.

Anyone? ONE person? 2500 bucks? Bueller?
My premiums are down 40% and my deductible went down ~50%. My copay did go from $0 to $20 or $25 though.

I make more than double the threshold to qualify for subsidies, so my rate is not being subsidized.

Are you still in the same type of plan or do you have a restrictive network now? Your case definitely seems to be the exception rather than the rule

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08-05-2014 10:14 PM
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Niner National Offline
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RE: Cost increase due to ACA
(08-05-2014 10:14 PM)200yrs2late Wrote:  
(08-05-2014 09:44 PM)Niner National Wrote:  
(08-05-2014 03:24 PM)JMUDunk Wrote:  yea, just dismiss it as if it's not actually happening. OR, Better, he'll call you a liar for repeating exactly what industry experts will tell you straight to your face.

THAT'S a cool story bro.

STILL waiting on that $2500 bucks.

Actually, for the viewers/posters in this thread a quick ?. Has anyone seen a cost savings of 2500 bucks? It was to be "on average", so clearly some must be considerably more than that promised. Cause everyone I know has seen their premiums, deductibles, and everything else associated with this debacle go through the roof.

Anyone? ONE person? 2500 bucks? Bueller?
My premiums are down 40% and my deductible went down ~50%. My copay did go from $0 to $20 or $25 though.

I make more than double the threshold to qualify for subsidies, so my rate is not being subsidized.

Are you still in the same type of plan or do you have a restrictive network now? Your case definitely seems to be the exception rather than the rule

Posted from my mobile device using the CSNbbs App

I had a PPO before. We changed to a PPO/HMO hybrid. My coverage stayed identical though. I can go in network or out of network and there is no difference in coverage amounts. We reviewed the plans in depth and there was literally no difference in the plans, so I'm not sure why the cost was so different.

That said, our Maryland office kept the exact same plans they had and their costs dropped too, just not as much as mine. We only have 3 employees over 30 years old (out of about 30 employees) though, so that probably helps.
08-05-2014 10:32 PM
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Redwingtom Offline
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RE: Cost increase due to ACA
(08-05-2014 06:44 PM)jh Wrote:  
(08-05-2014 03:42 PM)Redwingtom Wrote:  Well JMU, in fairness to Obama, that 'promise' was made way before the final law was passed and was based on something that never ended up being the law.

In fairness to the truth, that is simply untrue.

Quote:In selling the Affordable Care Act to the American public, the president often repeated the same refrain: “If you like your plan, you can keep your plan,” he said in St. Charles, Mo., March 10, 2010.

“If you like your plan, you can keep your plan. If you like your doctor, you can keep your doctor,” he said five days later in Strongsville, Ohio. . . .

The president first tweaked his original promise in a speech in Boston last week where he said that “for the vast majority of people who have health insurance that works, you can keep it.”
http://abcnews.go.com/blogs/politics/201...your-plan/

The ACA was signed into law on March 23, 2010. Because it was passed through the reconciliation process, there could be no substantive amendments to the bill as it was passed by the Senate on December 24, 2009. This article includes at least two examples of Obama making the promise after the text of the bill was set in stone.

And the article is dated November 4, 2013, which would have put Obama's first attempt at backtracking in late October of 2013. I am willing to bet he made that same promise more than once between March of 2010 and October of 2013.

Different promise dude. We're talking about the $2,500 savings promise. Try to keep up...or stay our of other peoples discussions...your choice. 03-wink
08-06-2014 08:53 AM
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jh Offline
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RE: Cost increase due to ACA
(08-06-2014 08:53 AM)Redwingtom Wrote:  
(08-05-2014 06:44 PM)jh Wrote:  
(08-05-2014 03:42 PM)Redwingtom Wrote:  Well JMU, in fairness to Obama, that 'promise' was made way before the final law was passed and was based on something that never ended up being the law.
In fairness to the truth, that is simply untrue.
Quote:In selling the Affordable Care Act to the American public, the president often repeated the same refrain: “If you like your plan, you can keep your plan,” he said in St. Charles, Mo., March 10, 2010.
“If you like your plan, you can keep your plan. If you like your doctor, you can keep your doctor,” he said five days later in Strongsville, Ohio. . . .
The president first tweaked his original promise in a speech in Boston last week where he said that “for the vast majority of people who have health insurance that works, you can keep it.”
http://abcnews.go.com/blogs/politics/201...your-plan/
The ACA was signed into law on March 23, 2010. Because it was passed through the reconciliation process, there could be no substantive amendments to the bill as it was passed by the Senate on December 24, 2009. This article includes at least two examples of Obama making the promise after the text of the bill was set in stone.
And the article is dated November 4, 2013, which would have put Obama's first attempt at backtracking in late October of 2013. I am willing to bet he made that same promise more than once between March of 2010 and October of 2013.
Different promise dude. We're talking about the $2,500 savings promise. Try to keep up...or stay our of other peoples discussions...your choice. 03-wink

My mistake.
08-06-2014 10:44 AM
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