Insurance premiums to increase 50% next year

[MDLNB]

With Affordable Care Act’s Future Cloudy, Costs for Many Seem Sure to Soar - The New York Times (https://nyti.ms/2yHvDEk)

"Health insurers are aggressively increasing prices next year for individual policies sold under the federal health care law, with some raising premiums by more than 50 percent."

"In Georgia, the state insurance commissioner, Ralph T. Hudgens, an outspoken critic of the law, often referred to as Obamacare, said the rates he approved would be up to 57.5 percent higher next year. The state had already lost Anthem, the large insurer that offers for-profit Blue Cross plans in several states, which left many markets in Georgia."

[Byte1]

My insurance has already gone through the ceiling. Hope this doesn't pan out and just a bunch of supposition.

[rubicon]

I got a glimpse at my 2018 prescription drug premium and its going up 50%

Thank McCain, Collins, Paul and Murlowski(sp)

Personal Best Regards:

[Rockyrd]

With Affordable Care Act’s Future Cloudy, Costs for Many Seem Sure to Soar - The New York Times (https://nyti.ms/2yHvDEk)

"Health insurers are aggressively increasing prices next year for individual policies sold under the federal health care law, with some raising premiums by more than 50 percent."

"In Georgia, the state insurance commissioner, Ralph T. Hudgens, an outspoken critic of the law, often referred to as Obamacare, said the rates he approved would be up to 57.5 percent higher next year. The state had already lost Anthem, the large insurer that offers for-profit Blue Cross plans in several states, which left many markets in Georgia."

How much of this increase is the administrations reluctance to approve waivers to states ?

I get that these waivers to states are part of OBama care, but why would you simply allow premiums to rise even further while you try and change the law ? Sort of making citizens pay for your frustrations.

[Don Baldwin]

How much of this increase is the administrations reluctance to approve waivers to states ?

WHY should there be waivers? And to whom? Which states? The ones FULL of minorities? The states being crushed by the poor needing welfare?

[Byte1]

WHY should there be waivers? And to whom? Which states? The ones FULL of minorities? The states being crushed by the poor needing welfare?

Actually, those are good points.

[Rockyrd]

WHY should there be waivers? And to whom? Which states? The ones FULL of minorities? The states being crushed by the poor needing welfare?

It is the law

[Paper1]

With Affordable Care Act’s Future Cloudy, Costs for Many Seem Sure to Soar - The New York Times (https://nyti.ms/2yHvDEk)

"Health insurers are aggressively increasing prices next year for individual policies sold under the federal health care law, with some raising premiums by more than 50 percent."

"In Georgia, the state insurance commissioner, Ralph T. Hudgens, an outspoken critic of the law, often referred to as Obamacare, said the rates he approved would be up to 57.5 percent higher next year. The state had already lost Anthem, the large insurer that offers for-profit Blue Cross plans in several states, which left many markets in Georgia."
Inaction by our leaders is the signal for the medical community to have their way with “share holder value” while most of us are bent over holding our ankles. IMHO

[billethkid]

All of which was either known or forecast when Obamascare
was ram rod, forced into law.

No surprise except to the Obama supporters and the naieve.

[Rockyrd]

All of which was either known or forecast when Obamascare
was ram rod, forced into law.

No surprise except to the Obama supporters and the naieve.

Nobody will disagree, but it does seem a bit mean to KNOW your actions will raise premiums so high.

Ok, you failed getting repealed....is this payback to the citizens of the country ?

Nobody disagrees with the bad in Obamacare, but this admin failed to change it. They know what they are doing will simply hurt American citizens.

That is all I don't understand. I hate Obamacare, but why do this ?

[Don Baldwin]

It is the law

No...a waiver circumvents the "law". It's an exception.

Eliminating waivers is FOLLOWING the law as intended.

[Rockyrd]

No...a waiver circumvents the "law". It's an exception.

Eliminating waivers is FOLLOWING the law as intended.

I am certainly no expert but....


"The ACA, or Obamacare, allows the federal agency to waive some regulations at the request of states. And Price said the Trump administration wanted to give more power to the states in administering the law."

"Yet some states are running into problems getting the federal government to let them do what they want by approving waivers to provisions of Obamacare.

Angry Oklahoma officials say residents there missed a chance to see their premiums drop by about a third because the federal government was too slow to act.

In Minnesota, insurance officials announced Monday premiums could drop by as much as 38 percent next year because the federal government approved part of its plan to subsidize insurers for treating expensive patients."

States complain Trump administration too slow on Obamacare waiver requests | News | jacksonvilleprogress.com (http://www.jacksonvilleprogress.com/news/states-complain-trump-administration-too-slow-on-obamacare-waiver-requests/article_07587278-a9d7-11e7-b250-0353727ee79b.html)

"Health and Human Services Secretary Tom Price is gone, ushered out of office last week after being caught causing $1 million in unnecessary taxpayer expense by chartering private planes and taking military aircraft around the country and the world instead of flying commercial, like normal people.

This looks like a case in which the right thing has happened for the wrong reason — or at least for an incomplete reason. The grounds for Price’s ouster should have been his atrocious management of the most important program under his jurisdiction, the Affordable Care Act. Instead of acting to make Obamacare work better for all Americans, Price took every step within his power to undermine the law in ways that will cost American families millions of dollars."

Tom Price may be gone, but the Trump administration's sabotage of Obamacare is moving ahead at full speed - LA Times (http://www.latimes.com/business/hiltzik/la-fi-hiltzik-obamacare-sabotage-20171002-story.html)

[rubicon]

Nobody will disagree, but it does seem a bit mean to KNOW your actions will raise premiums so high.

Ok, you failed getting repealed....is this payback to the citizens of the country ?

Nobody disagrees with the bad in Obamacare, but this admin failed to change it. They know what they are doing will simply hurt American citizens.

That is all I don't understand. I hate Obamacare, but why do this ?


No, the Administration did not fail it was 4 recalcitrant Senators, and of course the entire Democratic side of the aisle

Personal Best regards: