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Health Insurance Companies Seek Big Rate Increases for 2016

Posted by Dave on Sat Jul 4 16:13:08 2015

fiogf49gjkf0d
"Thank you" President Obama.

Health insurance companies around the country are seeking rate increases of 20 percent to 40 percent or more, saying their new customers under the Affordable Care Act turned out to be sicker than expected.



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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by R2ChinaTown on Sat Jul 4 16:25:37 2015, in response to Health Insurance Companies Seek Big Rate Increases for 2016, posted by Dave on Sat Jul 4 16:13:08 2015.

fiogf49gjkf0d
This was predicted by the hateful right wingers. I guess it's hateful to be correct.

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by Joe V on Sat Jul 4 16:50:59 2015, in response to Health Insurance Companies Seek Big Rate Increases for 2016, posted by Dave on Sat Jul 4 16:13:08 2015.

fiogf49gjkf0d
The Republican alternative is what ?

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by SelkirkTMO on Sat Jul 4 17:53:29 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by Joe V on Sat Jul 4 16:50:59 2015.

fiogf49gjkf0d
Blame "libruls" of course. Problem solved! :)

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by Joe V on Sat Jul 4 17:57:10 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by SelkirkTMO on Sat Jul 4 17:53:29 2015.

fiogf49gjkf0d
Like this stuff didn't happen before ACA - people being thrown out of coverage when they got very sick or getting double digit hikes out of the blue.

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by SelkirkTMO on Sat Jul 4 17:59:57 2015, in response to Health Insurance Companies Seek Big Rate Increases for 2016, posted by Dave on Sat Jul 4 16:13:08 2015.

fiogf49gjkf0d
Heh. Another money grab, eh?

Insurance companies were given three years to take those sick people and get them on the way to health, thus reducing costs significantly.

http://www.nationaljournal.com/magazine/how-the-authors-of-obamacare-protected-insurance-companies-20131110

The above article explains how those costs were covered for them. Now they're back at the well, not having done what they said they would, for an extension of the gravy train. As long as people are gullible, they'll get away with it too.

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by SelkirkTMO on Sat Jul 4 18:02:28 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by Joe V on Sat Jul 4 17:57:10 2015.

fiogf49gjkf0d
Or not seen at all.

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by 3-9 on Sat Jul 4 18:03:23 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by Joe V on Sat Jul 4 17:57:10 2015.

fiogf49gjkf0d
Good ol' rescission. Obviously, we should allow it again because it helped keep our rates low. *sarcasm*

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by Joe V on Sat Jul 4 18:14:16 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by SelkirkTMO on Sat Jul 4 17:59:57 2015.

fiogf49gjkf0d
The Health Insurance companies and Pharmas, who wrote much of ACA in the first place (think the politicians were actually intelligent enough to do it ?) make the Oil companies look like paupers.

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by RockParkMan on Sat Jul 4 18:27:48 2015, in response to Health Insurance Companies Seek Big Rate Increases for 2016, posted by Dave on Sat Jul 4 16:13:08 2015.

fiogf49gjkf0d
BO should have gone for Single payer AmeriKKKa and it's radical fascist capitalism is making it a world laughing stock.


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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by bingbong on Sat Jul 4 18:50:45 2015, in response to Health Insurance Companies Seek Big Rate Increases for 2016, posted by Dave on Sat Jul 4 16:13:08 2015.

fiogf49gjkf0d
Not exactly. New patients go through a series of tests which create claims. This is a bump. Next year it'll be smaller, as people go through screenings for cancer and such. Then it's years until the next check, and utilization will reflect that.

Insurers should be permitted to "amortize" the costs associated with the "rush".

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by Stephen Bauman on Sat Jul 4 21:37:22 2015, in response to Health Insurance Companies Seek Big Rate Increases for 2016, posted by Dave on Sat Jul 4 16:13:08 2015.

fiogf49gjkf0d
The health insurance industry is so precarious that Aetna is buying Humana for $37 Billion. That's a 29% premium over Humana's market capitalization.

Follow the money. :=)

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by SelkirkTMO on Sat Jul 4 21:41:54 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by Stephen Bauman on Sat Jul 4 21:37:22 2015.

fiogf49gjkf0d
FOX News headline for tomorrow: Humana goes broke over ACA, four paws to the moon, bailout in progress. LOL!

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by WillD on Sun Jul 5 01:25:43 2015, in response to Health Insurance Companies Seek Big Rate Increases for 2016, posted by Dave on Sat Jul 4 16:13:08 2015.

fiogf49gjkf0d
So we're now measuring the value of legislation the insurance industries bent over backward to kill, going so far as to pour money into creating the radical right Tea Party, by the way those same insurance companies react to that legislation? It's almost as if the insurance companies are using ACA as a shield to deflect criticism over the Premium hikes they'd be doing no matter what. No, wait, that's exactly what they're doing.

And there will always be around 30% of us who are just stupid enough to blame the government for corporate greed.

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by SelkirkTMO on Sun Jul 5 01:53:29 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by WillD on Sun Jul 5 01:25:43 2015.

fiogf49gjkf0d
Looks closer to 40 to me ... after all, if the talking lamp tells them it's true, backed up by bloggers, then it MUST be. :)

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by WayneJay on Mon Jul 6 10:10:33 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by Joe V on Sat Jul 4 17:57:10 2015.

fiogf49gjkf0d
Agreed. The ACA opponents act as if the USA had a great medical insurance system going, and somehow the ACA ruined it. All we hear from them is endless criticism but never any actual ideas. Perhaps they could've had more say in the ACA had they been willing to work with President Obama, instead of being totally committed (and consumed) by their top priority... "Stop this president at every turn, and make him a one-term president".

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by WayneJay on Mon Jul 6 10:18:53 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by WayneJay on Mon Jul 6 10:10:33 2015.

fiogf49gjkf0d
Also... Shouldn't Rush Limbaugh have left the US seeing as the ACA passed, and is still in force years later? Or will he go back on his word?

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by orange blossom special on Mon Jul 6 13:49:35 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by WayneJay on Mon Jul 6 10:10:33 2015.

fiogf49gjkf0d
Agreed. We should make things so bad that bingbong gets her fantasy of people dying in the streets from this "ACA" mess.

I like how you also give us a fantasy of "working with President Obama", when Obama refuses to work with anyone, refuses to discuss, and refuses to compromise on anything. Or maybe it's just those sniveling yes-men he surrounds himself with.

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by R2ChinaTown on Mon Jul 6 14:00:23 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by WayneJay on Mon Jul 6 10:10:33 2015.

fiogf49gjkf0d
The US medical system was not great but it was not so bad that it needed to be gutted and placed under the authority of the IRS.

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by SelkirkTMO on Mon Jul 6 17:02:54 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by WayneJay on Mon Jul 6 10:18:53 2015.

fiogf49gjkf0d
Costa Rica turned him down. :)

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by R2Chinatown on Mon Jul 6 17:35:44 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by SelkirkTMO on Mon Jul 6 17:02:54 2015.

fiogf49gjkf0d
Wasn't it you who promised to move to Canada if the GOP took the House a few years ago?

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by bingbong on Mon Jul 6 17:48:11 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by R2ChinaTown on Mon Jul 6 14:00:23 2015.

fiogf49gjkf0d
Wrong. A lot needed to be done. ACA is something, but it can be better. We still have millions unable to access healthcare.

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by R2Chinatown on Mon Jul 6 17:55:42 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by bingbong on Mon Jul 6 17:48:11 2015.

fiogf49gjkf0d
YOU ARE WRONG. We still have millions who would rather pay the fine than pay for coverage they do not want or can't afford. Why are you paying for reproductive services that you likely will never need?

If obamacare was working as it was supposed to do, rates would be going down instead of up and we'd have no one uninsured. The plan was a huge Ponzi scheme from the beginning. That's why Obama didn't want it for his family or anyone who worked for him. Wake up.

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by bingbong on Mon Jul 6 18:06:26 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by R2Chinatown on Mon Jul 6 17:55:42 2015.

fiogf49gjkf0d
No I'm not. Compliance with purchasing healthcare insurance at the subsidized exchanges is quite high. The gaps are in the states that did not expand Medicaid, and those people are still a drain on the system. Do bear in mind that as a result of ACA taxpayers are no longer subsidizing "charity care" in states particularily in the south as such should not be necessary in the new system. Providers are seeking to recoup lost funds from payable claims, so the middle class ends up subsidizing this obsolete and inadequate means of failing to deliver care to all. Meanwhile, funds are available through Medicaid expansion and that fact is being ignored.

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by WayneJay on Mon Jul 6 18:08:27 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by SelkirkTMO on Mon Jul 6 17:02:54 2015.

fiogf49gjkf0d
Clearly, they're no fools:-).

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by SelkirkTMO on Mon Jul 6 18:19:06 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by R2Chinatown on Mon Jul 6 17:35:44 2015.

fiogf49gjkf0d
Upstate New York is considered Canada. Tout alors. :)

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by Dave on Mon Jul 6 18:24:15 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by SelkirkTMO on Mon Jul 6 18:19:06 2015.

fiogf49gjkf0d
Eh, hoser.

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by orange blossom special on Mon Jul 6 18:35:51 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by bingbong on Mon Jul 6 18:06:26 2015.

fiogf49gjkf0d
bingbong and health insurance threads are good for:

a) a laugh
b) a brain teaser
c) both

how does medicaid equal a gap? And what's this racial code word regarding "those people" being a drain on your system?

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by bingbong on Mon Jul 6 18:54:53 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by orange blossom special on Mon Jul 6 18:35:51 2015.

fiogf49gjkf0d
I'll be kind and say you're chronically confused. Might want to seek medical care. ACA will cover that, yunno. Got insurance?

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by Fred G on Mon Jul 6 19:09:40 2015, in response to Health Insurance Companies Seek Big Rate Increases for 2016, posted by Dave on Sat Jul 4 16:13:08 2015.

fiogf49gjkf0d
Ehh, I see something like this once a month and it turns out to be bullshit A month or two later.

Your pal,
Fred

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by Fred G on Mon Jul 6 19:09:50 2015, in response to Health Insurance Companies Seek Big Rate Increases for 2016, posted by Dave on Sat Jul 4 16:13:08 2015.

fiogf49gjkf0d
Ehh, I see something like this once a month and it turns out to be bullshit A month or two later.

Your pal,
Fred

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by B68 slow poke on Mon Jul 6 19:15:27 2015, in response to Health Insurance Companies Seek Big Rate Increases for 2016, posted by Dave on Sat Jul 4 16:13:08 2015.

fiogf49gjkf0d
HOW DO liberals explain this?

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by Dave on Mon Jul 6 22:17:32 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by B68 slow poke on Mon Jul 6 19:15:27 2015.

fiogf49gjkf0d
Don't know.

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by Dave on Mon Jul 6 22:18:27 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by Fred G on Mon Jul 6 19:09:50 2015.

fiogf49gjkf0d
I assume the Times had a reasonable expectation of accuracy from their sources.

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by R30A on Mon Jul 6 22:40:56 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by R2Chinatown on Mon Jul 6 17:55:42 2015.

fiogf49gjkf0d
That is just blatantly false.
The only reason the number of uninsured has not gone down substantially more than it has is partisan sabotage. Rates will always go up, the big news is that they have been going down LESS than they otherwise would have.

The only way Obamacare is in any way a failure is that they did not just socialize the system.

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by ClearAspect on Mon Jul 6 22:59:42 2015, in response to Health Insurance Companies Seek Big Rate Increases for 2016, posted by Dave on Sat Jul 4 16:13:08 2015.

fiogf49gjkf0d
They seek, they shall not receive.

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by SelkirkTMO on Mon Jul 6 23:21:17 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by Dave on Mon Jul 6 18:24:15 2015.

fiogf49gjkf0d
Take off, eh. :)

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by SelkirkTMO on Mon Jul 6 23:26:22 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by R30A on Mon Jul 6 22:40:56 2015.

fiogf49gjkf0d
And the more the right keeps screwing it, the faster that will happen. :)

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by SelkirkTMO on Mon Jul 6 23:28:22 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by Dave on Mon Jul 6 22:18:27 2015.

fiogf49gjkf0d
Based on the usual dismissals of the Times, wouldn't that be news? :)

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by WayneJay on Mon Jul 6 23:44:22 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by R30A on Mon Jul 6 22:40:56 2015.

fiogf49gjkf0d
It's funny. The ACA goes into effect, people start signing up, and the GOP/teabaggers go totally ham trying to stop it and turn people against the ACA, then they call it a failure.

Still would love to hear their solution which has to be better.

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by SelkirkTMO on Tue Jul 7 00:19:41 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by WayneJay on Mon Jul 6 23:44:22 2015.

fiogf49gjkf0d
Same solution they've always had ... :(



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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by 3-9 on Tue Jul 7 05:50:51 2015, in response to Re: Health Insurance Companies Seek Big Rate Increases for 2016, posted by SelkirkTMO on Mon Jul 6 23:28:22 2015.

fiogf49gjkf0d
Hah!

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by 3-9 on Tue Jul 7 05:54:31 2015, in response to Health Insurance Companies Seek Big Rate Increases for 2016, posted by Dave on Sat Jul 4 16:13:08 2015.

fiogf49gjkf0d
I get the feeling some states are going to approve the increases, then the governors are going to point to the increases to show that the ACA doesn't work. :-S

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Re: Health Insurance Companies Seek Big Rate Increases for 2016

Posted by Orange Blossom Special on Tue Jul 7 16:51:52 2015, in response to Health Insurance Companies Seek Big Rate Increases for 2016, posted by Dave on Sat Jul 4 16:13:08 2015.

fiogf49gjkf0d
I can't wait for this to be gov't run, that way the tax hikes can continue to hit us everyyear, and people will complain less. Some reason taxes and fees don't get as much outrage as they claim.

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