To wit: The Fiscal Times reports that when insurance companies submitted their proposed premiums for 2015 last March, the "promised" decreased rates due to bending the cost curve down have mysteriously transformed into massive rate hikes.
- Those who live in Arizona and purchase healthcare insurance from major insurers will see rate increases in the rage of 14.4% from Cigna and 25.5% from Humana.
- Connecticut's exhcange offers three plans. Two--Anthem Blue Cross and Blue Shield and ConnecticutCare Benefit--have proposed a minimum increase of 10%. The third insurer--HealthyCT--has proposed an 8.9% rate decrease. Hmmm...wonder what's (not) in that plan?
- In Oregon, Moda Health--which led in signups during the state's enrollment period--has proposed a 12.1% rate increase. Regence BlueCross BlueShield is raising premiums by 5% and Kaiser Permanente Northwest is raising rates 0.2%.
Rates will be finalized this fall. That's when the truth about what's really in Obamacare will hit home: In 2015, premiums will be 300% higher than in 2014.
Don't like it what's in Obamacare? Then shop around for better rates and consider relocating. The cheapest monthly premium for a silver plan available to a person in Southwest Georgia is $461. But, a similar plan in Pittsburgh, Pennsylvania, cost $164.
By the way, isn't Ms. Pelosi looking different these days? Ever wonder what's in her healthcare plan? Come to think of it, she doesn't participate in Obamacare. She exempted herself and all other 535 members of the Politburo. Who is that woman behind the mask?
Let the discussion begin...
To read the Fiscal Times article, click on the following link:
"Double Digit Premium Increases Coming in Some States."