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Survey shows ObamaCare sending premiums rising at fastest clip in decades - EagleRockCafe - 04-14-2014 06:54 PM
![[Image: l2fh.jpg]](http://imageshack.com/a/img32/4181/l2fh.jpg)
Keep up that victory lap libs. Please keep it up....
A recent survey of 148 insurance brokers shows that ObamaCare is sending premiums rising at the fastest clip in decades.
"For the last, about, five years they've been doing this survey, so this was the largest percentage increase in any quarter since they've been doing (it)," says Scott Gottlieb of the American Enterprise Institute.
"But at 12 percent, 11 percent increase on average across all the states -- that puts it at the upper end of any increase we've seen for decades."
That is the national average in a survey done by Morgan Stanley. But in some states, it found rates are soaring.
"There are specific states with exorbitant increases," says Gottlieb. "Delaware had 100 percent increase, Florida had a 37 percent increase, Pennsylvania 28 percent increase, California had a 53 percent increase in their premiums."
Rates vary widely, often depending on the state and how highly regulated it was to begin with. Analysts, however, say the main reasons for the higher costs are not medical inflation, but rather the requirements of ObamaCare itself.
"There are certain regulations and certain requirements that had to be in there. And because of that it's driven up the costs of these benefits," says John DiVito of the Flexible Benefit Service Corporation, which represents hundreds of agents.Rate hikes include ten essential health benefits along with more than 20,000 pages or regulations.
The reported hikes are for the first policies issued under ObamaCare in 2014.
The Congressional Budget Office or CBO issued a report Monday saying the average premium for the silver plan this year will be $3800, or just over $300 a month, rising to $4,400 in 2016, 15 percent below its earlier estimates in 2009.
Those early, higher estimates make costs now look better – but that does not include deductibles of as much as $5,000.
But the estimates are comforting to the White House.
White House Spokesman Jay Carney says, "It shows that marketplace health care costs have gone down because premium estimates have gone down."
The CBO also projects future premium increases over the next decade.
Insurance companies will soon have to set rates for 2015, and analysts fear reported higher costs now will mean increases next year, as well.
"They're going to see an announcement that next year's premium's going to be 25 percent or maybe 50 percent higher than what they're now paying," says John Goodman of the National Center for Policy Analysis.
John Divito of Flexible Benefit Service Corporation says, "we're reading studies where the rates could be 10 to 30, 40 percent higher. Again, it all depends geographically where these rates are being looked at but definitely an increase in rates."
Scott Gottlieb, a medical doctor as well as an analyst, adds, "We've seen insurance premiums go up quite a bit over the period in which ObamaCare started to get implemented."
Insurance executives say the same thing. Marc Bertolini, CEO of Aetna, recently told an earning conference that he anticipates 2014 spikes of 20 to 50 percent, going as high as 100 percent in some markets.
http://www.foxnews.com/politics/2014/04/14/survey-shows-obamacare-sending-premiums-rising-at-fastest-clip-in-decades/
RE: Survey shows ObamaCare sending premiums rising at fastest clip in decades - EagleRockCafe - 04-14-2014 08:49 PM
RE: Survey shows ObamaCare sending premiums rising at fastest clip in decades - SuperFlyBCat - 04-14-2014 10:44 PM
obamacare will be the worst government program ever. Stupid democrats.
RE: Survey shows ObamaCare sending premiums rising at fastest clip in decades - GoApps70 - 04-14-2014 11:53 PM
I want my $2500.00 savings BO promised.
RE: Survey shows ObamaCare sending premiums rising at fastest clip in decades - DrTorch - 04-15-2014 07:55 AM
Gee, you mean someone has to pay for all of this?
RE: Survey shows ObamaCare sending premiums rising at fastest clip in decades - EagleRockCafe - 04-15-2014 08:00 AM
(04-15-2014 07:55 AM)DrTorch Wrote: Gee, you mean someone has to pay for all of this?
They keep putting off the mandates where 25 million on company plans will be hit. They really do think the American people are stupid. Okay, some are, but the majority that are actually working for a living and not on government handouts aren't.
Re: RE: Survey shows ObamaCare sending premiums rising at fastest clip in decades - SumOfAllFears - 04-15-2014 08:05 AM
(04-15-2014 08:00 AM)EagleRockCafe Wrote:(04-15-2014 07:55 AM)DrTorch Wrote: Gee, you mean someone has to pay for all of this?
They keep putting off the mandates where 25 million on company plans will be hit. They really do think the American people are stupid. Okay, some are, but the majority that are actually working for a living and not on government handouts aren't.
Fact its, Zerocare is an assault on working people. It its a backdoor tax and will strip opportunity from working people for years to come.
RE: Survey shows ObamaCare sending premiums rising at fastest clip in decades - EagleRockCafe - 04-15-2014 08:09 AM
(04-15-2014 08:05 AM)SumOfAllFears Wrote:(04-15-2014 08:00 AM)EagleRockCafe Wrote:(04-15-2014 07:55 AM)DrTorch Wrote: Gee, you mean someone has to pay for all of this?
They keep putting off the mandates where 25 million on company plans will be hit. They really do think the American people are stupid. Okay, some are, but the majority that are actually working for a living and not on government handouts aren't.
Fact its, Zerocare is an assault on working people. It its a backdoor tax and will strip opportunity from working people for years to come.
Be careful or we will be accused of not caring about poor people.
RE: Survey shows ObamaCare sending premiums rising at fastest clip in decades - Machiavelli - 04-15-2014 09:01 AM
So come up with an alternative. FAST!!! I think you will see a positive 2014 but if you can't make positive changes you will be in the minority again in 2016.
The fact of the matter is people will buy part of the GOP message. 80% of people don't want to see their care go down for people who can't afford it. Call them freeloaders or call them the working poor depending the side you are on. I think people see how the system will be swamped, but people do like parts of the Affordable Care Act. You are not going to jump into a time machine and go back to 2008. The American Public won't allow it. There are too many things people like about it individually. If you tailor the right message it could be successful for either party.
RE: Survey shows ObamaCare sending premiums rising at fastest clip in decades - Smaug - 04-15-2014 09:03 AM
Or Republicans could just get the hell out of its way on its way off the cliff.
RE: Survey shows ObamaCare sending premiums rising at fastest clip in decades - Machiavelli - 04-15-2014 09:10 AM
Just remember Smaug. When you concede ground your opponent dictates the pace and field. I don't see that as an effective "strategery".
RE: Survey shows ObamaCare sending premiums rising at fastest clip in decades - Smaug - 04-15-2014 09:14 AM
When your enemy is bent on destroying himself, get out of his way.
RE: Survey shows ObamaCare sending premiums rising at fastest clip in decades - Machiavelli - 04-15-2014 09:18 AM
I don't think they are destroying themselves. The GOP needs to get involved. We keep hearing about repeal and replace. I haven't heard many specifics about the replace yet.
RE: Survey shows ObamaCare sending premiums rising at fastest clip in decades - DrTorch - 04-15-2014 09:35 AM
(04-15-2014 09:01 AM)Machiavelli Wrote: So come up with an alternative. FAST!!!
Go back to the way things were.
QED.
I love how you ask the same question repeatedly, even after receiving solutions over and over. You just deny reality and act as if all of these problems couldn't have been solved already.