Obamacare premiums going way up for many (22% on average)

[glenn1]

Enjoy your rate hike, I for one look forward to the arguments that such rates going up (doubling in AZ) is reason we should switch to single payer instead.

Just in time for the election, the Obama administration confirmed Monday that premiums on the Affordable Care Act's insurance marketplaces are set to rise by double digits in 2017. Before subsidies, the average monthly cost of a benchmark silver plan will increase by 22 percent in states that use healthcare.gov or where data is otherwise available, according to the Department of Health and Human Services.

That number hides a lot of local variation—in some large states, the increases will be small or nonexistent. For a 27-year-old customer in California, benchmark premiums are going up by 7 percent; in Massachusetts, they're set to fall 3 percent. But many more states are set for large hikes, with seven looking at increases of 50 percent or more.

http://www.slate.com/blogs/moneybox/2016/10/24/obamacare_premiums_to_rise_22_percent_in_2017.html

 

[cbrunny]

you should switch to single payer instead.

 

[K1052]

Implement the "public option", move exchange competition to every 5 years to improve stability, and increase the subsidy/tax credits for the middle class.

 

[MagnusTheBrewer]

It's set to drop 1.57 percent where I am.

 

[fskimospy]

Enjoy your rate hike, I for one look forward to the arguments that such rates going up (doubling in AZ) is reason we should switch to single payer instead.

http://www.slate.com/blogs/moneybox/2016/10/24/obamacare_premiums_to_rise_22_percent_in_2017.html

The heavens are falling! Premium prices have skyrocketed up to being in line with projections when the law was passed!

 

[vi edit]

That's basically what happens when insurance companies jettison off the non-profitable subscribers and somebody has to step in and pay for it. Really no surprise at all.

 

[sportage]

I was making a thread on this very subject when someone beat me to it.
So here was mine...

The Dept of Health predicts Obamacare rates will rise 22% in 2017.
Naturally, republicans and especially Donald Trump are trumping on this news.
Hillary needs to say something. Maybe she has mentioned this at her rallies
We would never know since none of this is ever covered in any debate between the two.
We all know how these so called "debates" go....
The only subjects covered are drugs, sex and rock n roll.

Hillary I hope has been and will be addressing this, Obamacare that is, because we all know Trump sure will.
Hillary needs to also remind people of the "reforms" Obamacare brought in which apply to everyone not just those on Obamacare i.e. pooled insurance plans.
You have the elimination of the cap limits, the elimination of the preexisting condition clause, and so much more. Those Obamacare "Reforms" applied to all types of health insurance not just Obamacare.
People need be reminded of the reforms.

And Hillary needs to tell people that Obamacare can be tweaked, expanded, and fixed by adding the "public option" i.e. expanding more people into medicaid and medicare.

If anyone knows healthcare, Hillary knows healthcare.
And if anyone can help healthcare, putting the Clinton's back in the Whitehouse can help healthcare.
Besides, the average rate increase predicted for someone currently with an Obamacare pooled insurance company policy is 22% or for a total monthly premium cost of around $296.
If those people with employer based healthcare insurance check their current rates deducted from their paycheck, $296 sounds about typical. And a lot more than $296 for a family plan using employer based insurance.
So a total cost of $296 a month is not really that bad for an Obamacare pooled insurance plan, considering all the remaining options i.e. NOTHING AT ALL, or... showing up at the ER unable to pay.
And lets get real here.... one, just one ER visit will cost an individual much more than that $296.
And who pays for THAT ER visit for the uninsured?
YOU....AND....ME....
Yep! All us saps with employer based health insurance paying for everyone else. JUST LIKE BEFORE ACA.

This is more than a monthly premium hike, you must also figure in the reforms that apply to everyone.
And the alternative of nothing at all.
And the bottom line where people lucky enough to have employer based insurance ends up paying for everyone else that does not.
And least we forget the continuous and constant insurance premium hikes before Obamacare ever came along. Remember when your employer raised your premium every January? Or changed providers to control costs trading off cost savings for leaner skimpier higher deductibles plans?

It's not like our insurance for profit system before Obamacare had never seen a rate hike or people just tossed off healthcare so the insurance company could save a buck.
Shit happens.
And any system of healthcare for a profit is a shit system.
A system of massive and endless rate hikes, more and more profit for insurance companies, fewer people covered, and for many no option at all except the ER.
So get real.
Until we have a national healthcare system where everyone pays thru taxes not premiums, and everyone is covered, and the politicians and greed are kept totally out of the process, until then we will continue to have a shitty healthcare system costing more and more year after year until no one can afford it.
Obamacare or no Obamacare. TrumpCare or no TrumpCare. We will all suffer under this current health for profit system of today.

 

[trenchfoot]

Let's see what Hillary and the Dems will do about reducing health care costs and what the Repubs will do to sabotage it (at the behest of their health care industry benefactors, of course).

I mean, yeah, it's just stating the obvious but I thought it was convenient to mention it at this time.

 

[First]

lol oh glenn, don't you ever get tired of shitposting and being wrong? You'd be funny if you weren't a cautionary tale for conservative American ignorance and mediocrity at large.

 

[boomerang]

lol oh glenn, don't you ever get tired of shitposting and being wrong? You'd be funny if you weren't a cautionary tale for conservative American ignorance and mediocrity at large.

What specifically is wrong with his post? Do you have a link to refute his link or you just playing the little dictator as is typical for you?

His post has content, yours is nothing but words.

 

[steppinthrax]

When you mean rates will go up do you mean rates regarding employee premiums or people on Obamacare?

 

[vi edit]

When you mean rates will go up do you mean rates regarding employee premiums or people on Obamacare?

I think this is in regards to the market/exchange plans people pay for out of pocket. It's not part of the employer provided coverage.

 

[dainthomas]

Enjoy your rate hike, I for one look forward to the arguments that such rates going up (doubling in AZ) is reason we should switch to single payer instead.



http://www.slate.com/blogs/moneybox/2016/10/24/obamacare_premiums_to_rise_22_percent_in_2017.html

Of course we should.

 

[sportage]

They are talking Obamacare plans or the "pooled" insurance plans that make up Obamacare. Remember, Obamacare is nothing more than our old fashion regular healthcare for profit system tossed into a pool.
And we all know what happens when you are tossed into a poll. You most likely drown.
Personally, my employer-based health premiums since Obamacare have remained quite stable unlike before Obamacare.
Many employer based insurance plans have only risen less than 5% a year.
And plans have kept quite consistent with the previous year plan.
That is regarding the effects of Obamacare on employer based insurance.

 

[vi edit]

They are talking Obamacare plans or the "pooled" insurance plans that make up Obamacare. Remember, Obamacare is nothing more than our old fashion regular healthcare for profit system tossed into a pool.
And we all know what happens when you are tossed into a poll. You most likely drown.
Personally, my employer-based health premiums since Obamacare have remained quite stable unlike before Obamacare.
Many employer based insurance plans have only risen less than 5% a year.
And plans have kept quite consistent with the previous year plan.
That is regarding the effects of Obamacare on employer based insurance.

Your personal premium, sure. But how much is your employer soaking up year after year to subsidize their part of the premium?

 

[sportage]

Remember this too....
Some providers are dropping out of the ACA i.e. Obamacare system.
But fact is.... THEY NEED US more than WE NEED THEM.
Believe me, they will return when they the insurance providers realize sick people is where the money is regardless if that is Obamacare or employer based insurance.
They need us more than we need them.
They will be back.
They will miss the money. They will smell the money. And they the insurance companies must realize their profits will not necessarily rise year after year.
Not like before.
People are sick of that system, and we want that system to change.
Donad Trump will never change that system. He can't. They will not even try.
But Hillary along with Bill can and will improve the system, and add that to the system the so desired "private option".
Obama gave it a try, keeping the system pretty much as it was before.
But the Clinton's cam give us that all inclusive affordable healthcare system.
So who do you trust?
The Donald Trump do nothing no answers republicans?
Or a Clinton that knows healthcare like Trump knows grabbing PU@@Y.

 

[x26]

Enjoy your rate hike, I for one look forward to the arguments that such rates going up (doubling in AZ) is reason we should switch to single payer instead.




http://www.slate.com/blogs/moneybox/2016/10/24/obamacare_premiums_to_rise_22_percent_in_2017.html

That can't be Right!!
Obama "Promised" that our savings would be $2,500.00 per year-on average!!

 

[x26]

The heavens are falling! Premium prices have skyrocketed up to being in line with projections when the law was passed!

You're So Full-of-Shit it's pitiful.

 

[sportage]

Your personal premium, sure. But how much is your employer soaking up year after year to subsidize their part of the premium?

Little.
If the employer were seeing their costs rise as they were before ACA, then they would have done like they done before ACA.
Changed providers on a yearly basis, and cut covered benefit yearly.
However, for the last 3 years, costs have risen less than $20 upon renew for the employee. And the provider has remained the same as well as premiums remained nearly the same.
One thing I did not realize until I was checking, that before ACA the yearly deductible for hospital billed procedures was $3000. This year, same provider, that hospital deductible has dropped to down to $1000.
Co-pays for doctor visits have remained the same over the past 3 years, @ $20.
In my case the system has not only stabilized since the enactment of ACA, some costs have actually dropped i.e. $3000 down to $1000 for hospital billed procedures.
After that $1000, costs are billed @ 20/80 or 10/90 depending on the hospital procedure.

 

[senseamp]

Before subsidies.

 

[Starbuck1975]

you should switch to single payer instead.

Impeccable timing.

 

[bshole]

It should be noted that the average cost of healthcare for a family of 4 now easily surpasses what a person can make earning minimum wage. I assume 15K/year for minimum wage worker.

 

[Ken g6]

Mine's going up ~20%.

I'd like the ability to buy into Medicare and/or Medicare Advantage programs, at any age. If the premium was the standard Part B premium, plus what I'm paying in Medicare taxes, plus what my employer pays, it would still be less than what my new premium will be!

 

[soundforbjt]

How would Trump's plan of health savings accounts be better?

 

[senseamp]

http://www.motherjones.com/politics...armaceutical-lobbyists-medicare-part-d-prices