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Obamacare premiums soar as much as 78%

Discussion in 'News & Current Events' started by Revmitchell, Nov 3, 2014.

  1. Revmitchell

    Revmitchell Well-Known Member

    Feb 18, 2006
    The Affordable Care Act was supposed to make health care more affordable, but a study of insurance policies before and after Obamacare shows that average premiums have skyrocketed, for some groups by as much as 78 percent.

    Average insurance premiums in the sought-after 23-year-old demographic rose most dramatically, with men in that age group seeing an average 78.2 percent price increase before factoring in government subsidies, and women having their premiums rise 44.9 percent, according to a report by HealthPocket scheduled for release Wednesday.

    The study, which was shared Tuesday with The Washington Times, examined average health insurance premiums before the implementation of Obamacare in 2013 and then afterward in 2014. The research focused on people of three ages — 23, 30 and 63 — using data for nonsmoking men and women with no spouses or children.

    Read more: http://www.washingtontimes.com/news...th-premiums-skyrocketing-by-as/#ixzz3I299iZlo
    Follow us: @washtimes on Twitter
  2. Deacon

    Deacon Well-Known Member

    Aug 23, 2002
    Here's how it works.

    1) the poor are subsidized for their health insurance which covers some but not all the costs.

    2) They visit their doctor, who is greatly underpaid for his services.

    3) The doctor sends a bill for services rendered to the patient - because they have to meet their deductible before the insurance kicks in.

    4) The patient doesn't pay the bill.

    5) The doctor gets nothing for his services - you can't squeeze money out of someone without any.

    6) The doctor drops out of ObamaCare.

  3. InTheLight

    InTheLight Well-Known Member

    Dec 17, 2010
    Here's How it Works (part 2)

    Two years ago the Obama administration makes promises to the health insurance companies that he's going to bring in 10 million new customers once ObamaCare kicks in. He puts pressure on the companies to keep rates neutral for the first year (or perhaps decrease them slightly).

    Nowhere near 10 million new people are insured, causing the insurance companies the need to raise rates to cover for the past year and the next year rate increases.

    Obama convinces them to withhold on announcing their rate increases in 2014 until after the election. After the election people will be fainting after they see their new rates.