Insurers pin rate hikes on health law

[spidey07]

Who didn't know this was going to happen? It's common sense, if you require much more services and money from an insurer then premiums simply must go up accordingly. With democrats now running away from the health law they passed against the will of the people this won't be good news come November.

Is Obama purposefully trying to destroy the insurance industries to get his prized government single payer? Of course he is, he's said that's his goal many times. So now when premiums get out of control government will try to step in and take it all over - "See! It's so bad we simply must DO something!" Obama lies, premiums rise.

http://online.wsj.com/article/SB20001424052748703720004575478200948908976.html

Health insurers say they plan to raise premiums for some Americans as a direct result of the health overhaul in coming weeks, complicating Democrats' efforts to trumpet their signature achievement before the midterm elections.

Aetna Inc., some BlueCross BlueShield plans and other smaller carriers have asked for premium increases of between 1% and 9% to pay for extra benefits required under the law, according to filings with state regulators.

These and other insurers say Congress's landmark refashioning of U.S. health coverage, which passed in March after a brutal fight, is causing them to pass on more costs to consumers than Democrats predicted.

 

[Vette73]

Funny how they were raising rates well before the health care law while still making large profits.
But hey I guess it it gets idiots like you to agree with them and allow them to profit on the lives of others then so be it.

 

[Uhtrinity]

Our health insurance rates went up 15% this year before the bill passed. Explain that!

 

[ProfJohn]

Funny how they were raising rates well before the health care law while still making large profits.
But hey I guess it it gets idiots like you to agree with them and allow them to profit on the lives of others then so be it.

Funny how the Democrats set up the law so the rates wouldn't go up until after the election...

 

[JockoJohnson]

It's an easy excuse by the insurance companies to raise rates. As stated earlier, they have been raising rates considerably over the past few years.

 

[CallMeJoe]

Our health insurance rates went up 15% this year before the bill passed. Explain that!

Combining your data with spidey's, it appears that health care legislation may indeed be slowing the rate of premium increase...
Thanks for the thread supporting Obamacare, spidey!

 

[GTKeeper]

I work for a small company. Since 2006 every year our rates have gone up (minimum 12&#37 Best part is that insurers don't have to give you a reason for it.

 

[Pens1566]

It's an easy excuse by the insurance companies to raise rates. As stated earlier, they have been raising rates considerably over the past few years.

^ Waits for answer ....

 

[Vette73]

Funny how the Democrats set up the law so the rates wouldn't go up until after the election...

So spidy and all the other right wingers are lying when they say rate increases are due to the "obamacare"?

As stated before rates have gone up before and actually went up higher and faster before the bill passed.

 

[spidey07]

So spidy and all the other right wingers are lying when they say rate increases are due to the "obamacare"?

As stated before rates have gone up before and actually went up higher and faster before the bill passed.

It's common sense and also what the insurers are saying. If you require more money out from an insurance company, then premiums must increase. Remember when Obama said the bill/law would REDUCE premiums by 2500 dollars? it was sold on reducing costs, but providing much more. That doesn't make one ounce of economic sense.

 

[thraashman]

Combining your data with spidey's, it appears that health care legislation may indeed be slowing the rate of premium increase...
Thanks for the thread supporting Obamacare, spidey!

We all know Spidey is clueless. I don't even think he knows what he supports. He keeps trying to use his "the will of the people argument". Which is funny because the people massively voted in Democrats knowing that the main thing on the agenda was comprehensive healthcare reform. The "will of the people" was for healthcare reform. The republicans did everything they could to block as much as possible making the healthcare bill a shell of what it should be. And that's because the republicans don't support the will of the people and we all know it.

Does anyone else wonder how many drugs spidey does per day?

 

[Vette73]

It's common sense and also what the insurers are saying. If you require more money out from an insurance company, then premiums must increase. Remember when Obama said the bill/law would REDUCE premiums by 2500 dollars? it was sold on reducing costs, but providing much more. That doesn't make one ounce of economic sense.

AGAIN rates are going up at a slower pace after the bill was passed, even though most has not been enatced yet. So it may save even more then $2500 once you take into account what the rates would have been if not for the health care bill.

So by your own link the bill is saving money.

OBAMACARE FTW!!! says spidy.

 

[Pens1566]

It's common sense and also what the insurers are saying. If you require more money out from an insurance company, then premiums must increase. Remember when Obama said the bill/law would REDUCE premiums by 2500 dollars? it was sold on reducing costs, but providing much more. That doesn't make one ounce of economic sense.

You'll have to forgive the rest of us if we don't take you as able to judge the bolded.

 

[Infohawk]

Is Obama purposefully trying to destroy the insurance industries to get his prized government single payer? Of course he is, he's said that's his goal many times.

Evidence?

 

[soulcougher73]

Funny how they were raising rates well before the health care law while still making large profits.
But hey I guess it it gets idiots like you to agree with them and allow them to profit on the lives of others then so be it.

This. I mean as we all know premiums have done nothing but go down for the last 2 decades. I think i was paying like $1/month for premium coverage.

/sarcasm

 

[Doc Savage Fan]

The insurance companies are likely lying about 1% to 9% increases needed to cover cost of additional benefits...Obama said it should be no more than 1% to 2%!

 

[her209]

Someone's gotta pay for the health insurance executive perks.

 

[HumblePie]

Do we really need another stupid thread like this when there have been dozens of others exactly like this before?

 

[Vette73]

The insurance companies are likely lying about 1% to 9% increases needed to cover cost of additional benefits...Obama said it should be no more than 1% to 2%!

Actually all the way in the bottom the WSJ, to be "fair and balanced", did add...

"A small number of insurers have submitted plans to lower rates and cite the new mandates in the legislation as the reason. HMO Colorado, a Blue Cross Blue Shield plan owned by WellPoint Inc., wrote to state regulators saying small group rates would fall 1.8% starting Oct. 1 because of changes from the law."

So the honest ones say it is already saving money.

 

[spidey07]

Do we really need another stupid thread like this when there have been dozens of others exactly like this before?

Absolutely. Need to remind people of why their insurance is rising - Obama and democrats. If it's so great, why then are Dems completely running away from the law they passed? They should be trumpeting it, but they aren't.

Why is that?

 

[HumblePie]

Absolutely. Need to remind people of why their insurance is rising - Obama and democrats. If it's so great, why then are Dems completely running away from the law they passed? They should be trumpeting it, but they aren't.

Why is that?

Just because a couple of companies are making that "claim" doesn't mean shit. As others have pointed out, ALL insurers have been jacking up rates for years. Part of the reason the law was enacted in the first place.

However, please try to tell me with a straight face that you actually as of right now believe that this is the sole reason for the greed of these insurers. If you do I am going to demand actual empirical proof from multiple peer reviewed studies on your part that can back up that claim. I know that you can't provide that proof though because it doesn't exist.

Also, do you not think there are plenty of knee-jerk obama haters besides yourself that also run major companies and will do as you do to smear what they can? Shit, the last company I worked for the guy that owned the place was a major hardcore republican, tea-partier, thought Sara Palin walked on water and had an IQ of 200. He would constantly send out emails to everyone about how great everything the GOP did and how evil the democrats are. Similar to you I might add.

Point of fact is he was willing to even to lengths to smear his hated opposition in his eyes. Tell me you don't think there aren't head honchos like him running some insurance companies that are willing to do the same and place blame on Obama because they want to.


That's why these threads are stupid and ridiculous. Until you post more than some self masturbatory <insert I hate this political figure> post with some actual proof, then this is nothing more than a thinly veiled troll post to stoke your own ego.

 

[nick1985]

Why are Democrats not proud of the healthcare bill? I dont see any of them championing it in their campaign adds

 

[soulcougher73]

Absolutely. Need to remind people of why their insurance is rising - Obama and democrats. If it's so great, why then are Dems completely running away from the law they passed? They should be trumpeting it, but they aren't.

Why is that?

It has nothing to do with Obama or democrats, or even republicans. It is rising because thay is what they do. They want to make as much profit as they can at the expense of our well-being. They dont care about your or anyone. Its all pure greedy profit. Enough is never enough to these type of people.

But you can play the blame game if it makes you feel better. But you might want to point the blame the the right people from now on.

As everyone has said before a million times. Rates went up before Obama. You know, like when Bush was president. Doesnt matter who is in power they will continue to rise under our current health care system.

 

[Doc Savage Fan]

It has nothing to do with Obama or democrats, or even republicans. It is rising because thay is what they do. They want to make as much profit as they can at the expense of our well-being. They dont care about your or anyone. Its all pure greedy profit. Enough is never enough to these type of people.

But you can play the blame game if it makes you feel better. But you might want to point the blame the the right people from now on.

As everyone has said before a million times. Rates went up before Obama. You know, like when Bush was president. Doesnt matter who is in power they will continue to rise under our current health care system.

So...Obama was lying that rates would go up 1&#37; to 2% as a result of Obamacare? So...state insurance regulators are all looking the other way and rubber-stamping these 'unjustified' increases? Just corporate greed as usual...gotcha.

I know this may be a stretch for you and some others here...but maybe, just maybe...rates went up a little more than normal as a result of the healthcare legislation. I can't imagine why this is so difficult to accept....but then again...maybe I can.

 

[soulcougher73]

So...Obama was lying that rates would go up 1% to 2% as a result of Obamacare? So...state insurance regulators are all looking the other way and rubber-stamping these 'unjustified' increases? Just corporate greed as usual...gotcha.

I know this may be a stretch for you and some others here...but maybe, just maybe...rates went up a little more than normal as a result of the healthcare legislation. I can't imagine why this is so difficult to accept....but then again...maybe I can.

Read post #19 for your answer. I know it doesnt fit with your agenda. But there it is.