red states rule
03-22-2013, 03:25 PM
Remember when Pres Messiah said you would save about $3.000/yr thanks to Obamacare? Well put that promise with the one where Obama would cut the deficit in half by the end of his first team and how if his stimulus is passed unemployment would not go above 8%. If you voted for Obama - well thanks a lot SUCKER!. I hope your health care bill requires several pages to explain the increased cost
Big health insurance companies are predicting huge premium increases next year for small employers and people who buy coverage on their own, citing rising health care costs and new mandates from President Barack Obama's health care reform law.
The Wall Street Journal reports (http://online.wsj.com/article/SB10001424127887324557804578374761054496682.html) companies including UnitedHealth Group, Aetna and Blue Cross & Blue Shield of North Carolina say health insurance premiums could rise from 25 percent to 116 percent for some people. Part of these cost increases are due to Obamacare's requirements that health insurance companies provide better benefits (http://www.huffingtonpost.com/2012/11/20/health-care-reform-rules_n_2165152.html) including maternity care and prescription drugs, accept any customer regardless of pre-existing conditions, and not charge older people more than three times what younger people pay.
But the picture is more complicated than that (http://healthjournalism.org/blog/2013/03/premium-shock-the-story-isnt-as-simple-as-it-seems/). The health care reform law also will provide tax credits to small companies providing health benefits to their workers and to individuals who earn between the federal poverty level, which is $11,490 this year for a single person, and four times that amount. The Obama administration contends these subsidies will actually lower the monthly health insurance costs (http://online.wsj.com/article/SB10001424127887324557804578374761054496682.html) for many people compared to what they'd pay today for insurance that doesn't offer the same guaranteed benefits (http://www.huffingtonpost.com/2012/11/20/health-care-reform-rules_n_2165152.html). The administration also expects intensified competition among health insurance companies seeking to enroll people under Obamacare also will squeeze premiums down.
Moreover, health care costs continue to escalate, though more slowly in recent years (http://www.huffingtonpost.com/2013/01/07/health-care-spending-growth-report_n_2426407.html), which drives up the price of health insurance. The health care reform law contains a plethora of provisions aiming to curb rising health care costs, such as tying Medicare payments for hospitals to improvements in efficiency and quality of care, but their effectiveness remains an open question as the Obama administration continues to implement the three-year-old law.
Younger, healthier people (http://www.huffingtonpost.com/2012/12/04/obamacare-costs-health-care-young-people_n_2231490.html) are most likely to see higher premiums because of the benefit mandates and other provisions under the health care reform law while older, sicker people will gain guaranteed access to comprehensive coverage they may not be able to obtain on today's market. Since younger people tend to have lower incomes, they're also most likely to qualify for tax credits that would reduce what they pay for health insurance. http://www.huffingtonpost.com/2013/03/22/health-insurance-premium-increases_n_2932704.html
Big health insurance companies are predicting huge premium increases next year for small employers and people who buy coverage on their own, citing rising health care costs and new mandates from President Barack Obama's health care reform law.
The Wall Street Journal reports (http://online.wsj.com/article/SB10001424127887324557804578374761054496682.html) companies including UnitedHealth Group, Aetna and Blue Cross & Blue Shield of North Carolina say health insurance premiums could rise from 25 percent to 116 percent for some people. Part of these cost increases are due to Obamacare's requirements that health insurance companies provide better benefits (http://www.huffingtonpost.com/2012/11/20/health-care-reform-rules_n_2165152.html) including maternity care and prescription drugs, accept any customer regardless of pre-existing conditions, and not charge older people more than three times what younger people pay.
But the picture is more complicated than that (http://healthjournalism.org/blog/2013/03/premium-shock-the-story-isnt-as-simple-as-it-seems/). The health care reform law also will provide tax credits to small companies providing health benefits to their workers and to individuals who earn between the federal poverty level, which is $11,490 this year for a single person, and four times that amount. The Obama administration contends these subsidies will actually lower the monthly health insurance costs (http://online.wsj.com/article/SB10001424127887324557804578374761054496682.html) for many people compared to what they'd pay today for insurance that doesn't offer the same guaranteed benefits (http://www.huffingtonpost.com/2012/11/20/health-care-reform-rules_n_2165152.html). The administration also expects intensified competition among health insurance companies seeking to enroll people under Obamacare also will squeeze premiums down.
Moreover, health care costs continue to escalate, though more slowly in recent years (http://www.huffingtonpost.com/2013/01/07/health-care-spending-growth-report_n_2426407.html), which drives up the price of health insurance. The health care reform law contains a plethora of provisions aiming to curb rising health care costs, such as tying Medicare payments for hospitals to improvements in efficiency and quality of care, but their effectiveness remains an open question as the Obama administration continues to implement the three-year-old law.
Younger, healthier people (http://www.huffingtonpost.com/2012/12/04/obamacare-costs-health-care-young-people_n_2231490.html) are most likely to see higher premiums because of the benefit mandates and other provisions under the health care reform law while older, sicker people will gain guaranteed access to comprehensive coverage they may not be able to obtain on today's market. Since younger people tend to have lower incomes, they're also most likely to qualify for tax credits that would reduce what they pay for health insurance. http://www.huffingtonpost.com/2013/03/22/health-insurance-premium-increases_n_2932704.html