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

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fskimospy

Elite Member
Mar 10, 2006
84,825
49,526
136
You're So Full-of-Shit it's pitiful.

Well one of us is full of shit and pitiful, that's for sure, lol.

https://aspe.hhs.gov/sites/default/files/pdf/212721/2017MarketplaceLandscapeBrief25.pdf

Specifically, CBO reported in March 2012 that its average underlying annual rate of growth in private insurance premiums for the period 2012 to 2022 was 5.7 percent; CBO further indicated that the average growth rate for this period was approximately 0.8 percentage points below the growth rate used in its March 2011 projections, implying that the average growth rate in those earlier projections had been around 6.5 percent. CBO had previously indicated that the assumptions used in its March 2011 projections were similar to those used in its original estimates of the ACA.

On that basis, ASPE used a trend rate of 6.5 percent to trend CBO’s projection for 2016 forward to 2017 and estimated that CBO’s November 2009 estimate of the national average premium for the second-lowest cost Marketplace silver plan in 2017 was around $5,538. For comparison, ASPE estimates that the weighted average premium for single coverage under the second-lowest cost silver plan will be $5,586 in the HealthCare.gov states in 2017, assuming that the age and geographic distribution of 2017 plan selections matches distribution of 2016 plan selections.

So you were saying?
 

feralkid

Lifer
Jan 28, 2002
16,577
4,659
136
you will defend this steaming pile of shit under any circumstances wont you?



This 'pile' as you call it has saved me thousands per year in premiums. It has provided coverage for millions more Americans than before its passage and you have no clue what you are parroting.
 

fskimospy

Elite Member
Mar 10, 2006
84,825
49,526
136
you will defend this steaming pile of shit under any circumstances wont you?

Huh? It's given health care to millions of Americans and at costs that have come in substantially below what was initially estimated.

If your idea of 'defending something under any circumstances' is pointing out that despite a large one year rise in premiums they are almost exactly as projected...well.. then I think you need to look to yourself as to why you're attacking something under any circumstances, wouldn't you?

By the way I like how you had nothing at all to say about the substance, you just wanted to rant about how terrible other people are.
 
Nov 29, 2006
15,663
4,137
136
Mine are up 20%. Just got my jobs benefit enrollment package yesterday.

Single 20% hike
Couple 16.85% hike
Family 27.87% hike
 
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senseamp

Lifer
Feb 5, 2006
35,787
6,195
126
It is depressing isn't it? I can't believe that Hatch is still alive, I remember him from the 80s. I wish we could run these fuckers out on a rail after two terms. They embed themselves in like ticks and never leave.
Blunt and Burr are up for very competitive elections now.
 

Exterous

Super Moderator
Jun 20, 2006
20,431
3,537
126

Its no longer nearly that partisan:

Presumptive Democratic presidential nominee Hillary Clinton has taken more money from employees of America's 15 biggest pharmaceuticals companies than all of the Republicans who attempted a run for the White House this year combined

http://www.reuters.com/article/us-usa-election-pharmaceuticals-idUSKCN0Z22F1

4 of the top 10 Congressional recipients for 2016 were Democrats
 

feralkid

Lifer
Jan 28, 2002
16,577
4,659
136

openwheel

Platinum Member
Apr 30, 2012
2,044
17
81
thank God this election is going to be rigged, so Trump can win the presidency and give us cheap insurance like all the Trump employees get. I am, come on he covers 70% for crying out loud.
 

ivwshane

Lifer
May 15, 2000
32,345
15,156
136
The people that came up with Obamacare should be ashamed.

Yeah! Lets certainly not blame those that stand in the way of making the system better or who refuse to come up with a better plan!I
Fuck those that try to solve the issues! They are the reason Washington is broken!

/s
 

1sikbITCH

Diamond Member
Jan 3, 2001
4,194
574
126

DrDoug

Diamond Member
Jan 16, 2014
3,579
1,629
136
Before subsidies.

Yup, and the subsidies will cover most of the increase. One other little detail, in fact a very little detail, is that the rate hikes only affect about 4% of the insured.

Just a couple of details that the OP probably didn't notice in his rush to post...
 

fskimospy

Elite Member
Mar 10, 2006
84,825
49,526
136
I'm sure it's tied into the law somehow. Been there 11 years it's never been this high of a yearly increase.

Why would it be though? What components of the law have come into effect or have changed in the last year? Doesn't make much sense.
 

Exterous

Super Moderator
Jun 20, 2006
20,431
3,537
126
Did you read why?

Of course - but I'm not so naive to think that they are just giving money because she is predictable, transparent and supportive of trade. Just take a look at her tax plan. Lots of tough talk about higher taxes on higher brackets but when you get into the nuts and bolts there's still plenty of ways to skirt those new proposals. Those methods are incredibly well known involving billions of tax dollars but both political parties make frequent use of them so they aren't even given a cursory mention.
 

Sonikku

Lifer
Jun 23, 2005
15,752
4,562
136
Yeah! Lets certainly not blame those that stand in the way of making the system better or who refuse to come up with a better plan!I
Fuck those that try to solve the issues! They are the reason Washington is broken!

/s

Are you saying the Dems came up with Obamacare?

~_^
 

tracerbullet

Golden Member
Feb 22, 2001
1,661
19
81

According to this Obamacare hasn't actually been a bad thing, it just didn't do much for reigning in the costs which were already on their way up, up, up.

So if it didn't make anything worse, and at the same time a crapload more people are covered in addition to the other things it provided, I'm not seeing a problem.

I'm not trying to counter your point, just thinking out loud on a subject I haven't spent as much time looking into as I'd like.
 
Nov 8, 2012
20,828
4,777
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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.


This. Few people (specifically liberals) realize that even when you have small increases (which hasn't happened in the last 10 years) of ~3%, there is little to no adjustment in the average salary across the country. Eventually these costs will be more than any one family can afford.

Also please stop with tax subsidies. It's a nice way of saying "take my debt and shove it on the backs of everyone else".
 

rudder

Lifer
Nov 9, 2000
19,441
86
91
How would Trump's plan of health savings accounts be better?

This has been discussed to death when obamacare was first jammed down our throats. One of the main benefits of Health Savings Accounts is that it removes the disconnect between the patient and what his healthcare actually costs. HSA's were shown to reduce healthcare spending.... but obamacare has moved us back in the direction of the patient having no clue what procedures cost.
 
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rudder

Lifer
Nov 9, 2000
19,441
86
91
According to this Obamacare hasn't actually been a bad thing, it just didn't do much for reigning in the costs which were already on their way up, up, up.

So if it didn't make anything worse, and at the same time a crapload more people are covered in addition to the other things it provided, I'm not seeing a problem.

I'm not trying to counter your point, just thinking out loud on a subject I haven't spent as much time looking into as I'd like.


no problem at all as long as your are not one of the unsubsidized purchasers of obamacare plans. No fun when you suddenly realize that you will have $400/month less in your pocket next year. And this coming after you realize that you had $300/month less in your pocket last year. The numbers are examples... but this is happening to a lot of people.
 
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