Discussion for article #237043
Repeal!
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…and how many of the 10M are registered voters(for now, at least)?
who may have never had health insurance before?
Tea-Freakin’-Hee!
Can someone at TPM investigate what’s true about “Health Insurers Seek Big Premium Hikes for Obamacare Plans in 2016”?
Apparently there are some insurers who will seek premium increases up to 50% for plans offered through the exchanges. It would be interesting to see what you can discover about this very important issue.
EDIT: Actually according to the NYT, increases can reach as high as 85%:
*“Rate Increases in Premiums…As High as 85 Percent” “In a sign of the
tumult in the health insurance industry under the Affordable Care Act,
companies are seeking wildly differing rate increases in premiums for
2016, with some as high as 85 percent, according to information released
on Monday by the federal government for the 37 states using HealthCare.gov as their exchange.” (New York Times)
God damn it! It’s that Obama’s fault again!
It’s working, ergo it must die.
Tealogic
What’s there to investigate? Doubtless insurers request rates hikes as a matter of course. Some states will consider them, some will deny them.
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I would agree with you if the percentage fluctuation from previous year was minimal, say less than 10%. Requested rates hikes of 50% or even 85% signifies much more than “doubtless Insurers”, it’s more like “scared the hell out of it insurers”. Sure, some States will consider them and some will just deny them, at which point the insurers can just pull out of Obamacare and be done with it. Obviously that would not work out very well for the program and that’s something worth of investigation in my opinion.
The SCOTUS isn’t gonna touch the PPACA.
Don’t look at the percentage increase, but the dollar amount. If my base line premium is say $50 per month and it goes up to $80-85 per month as a percentage increase pretty drastic as a dollar increase not so much. Also and I can only speak for here in NH our premiums are going down because more insurers decided to enter the market. First year we had only one insurer in the marketplace this year we have four or it maybe five. So those states, Republican run states, that have limited access and thusnumber of insurers will probably see the greatest increase. This way they can wreck it then say; see we told you it was broken.
And finally is there a reason you cannot investigate this yourself? Google is your friend.
Yes, it is possible, but remember we went through this last year with a lot of scary stories about exorbitant rate hike requests. In most if not all cases those requests were trimmed back significantly or denied outright.
And I doubt many insurers would seriously contemplate pulling out of state exchanges. It’s become a significant component of their business models, and for the most part has replaced the small-group coverage sector.
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[quote=“Puppies, post:4, topic:22164”]Can someone at TPM investigate what’s true about this press release from John Boehner?
[/quote]
There, fixed that for you, Puppies. Look at the fucking byline at the bottom:
So my gut instinct is that nothing in that press-release is true. But let’s look at the very first paragraph:
OK, so that’s not true.
Well, but what about that NYT quote you gave? I don’t suppose the NYT article provides any context to that dire warning of “as high as 85 percent”, does it? Oh wait, yes it does:
[quote=“New York Times June 1 2015”]The data only proposed rate increases of 10 percent or more, and federal officials emphasized that it would be months before final rates were set. Regulators in some states have the authority to overrule rate increases they deem to be too high. Experts cautioned against relying too heavily on the data as a predictor of prices for next year.
“Trying to gauge the average premium hike from just the biggest increases is like measuring the average height of the public by looking at N.B.A. players,” said Larry Levitt, an executive with the Kaiser Family Foundation.[/quote]
But if cherry-picking is Boehner’s game, I can play it too, and from the exact same article:
Remember that insurers are required to spend 85% of premiums on actual medical care; if they overshoot their premium estimates, they must rebate the excess back to consumers. You know, just like they never used to do before the ACA.
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You have to look at the percentage increase. Using your example, if you have a $50/month premium that means you have a very low income and $30-$35 more per month it’s a huge difference, it might cut deep in other basics needs. I did Google it myself and presented a link with a collection of entries from many different sources, I’m just curious at the perspective TPM has about the issue.
That’s not a press release from John Boehner, what you quoted in your “fix” is the very last entry of many quotes taken from several outlets. Learn to read but most of all, how to relate to others.
Yes, but at this point they are only requests – they haven’t been approved yet.