Posted by Jeff Condon on June 21, 2010
Thank god for Obama and his supporters. Without them, how would we know the way to prosperity.
Strange, now that we’ve regulated companies to take away profit and given everyone insurance wasn’t the cost supposed to drop?
WASHINGTON, June 21 (Reuters) – U.S. health insurers are raising prices by an average of 20 percent for working age adults who buy their own policies, according to a survey released by a nonprofit healthcare group on Monday.
Twenty PERCENT!! I wish. My company provides insurance to our employees and our insurance jumped 40% this year. FORTY!! Twenty percent sounds like a trip to heaven at this point. Five years ago, our insurance jumped 30%, then 20% then a series of 5 percent hikes and this year 40…… Thank god for democrats.
I love this reporting….
The findings come as the Obama administration works with insurers to implement some of the new rules under the recently passed healthcare law, which aims to expand consumers’ coverage while cracking down on discriminatory industry practices.
Just who believes this stuff is beyond me. Maybe Sod I guess.
“With people in the individual market being hit with average increases of 20 percent, the survey shows that the steep increases we have been reading about over the last several months are not just extreme cases,” Kaiser Family Foundation Chief Executive Officer Drew Altman said in a statement.
No, no they are not….extreme.
Although individual, or “nongroup,” policies are a small slice of the health insurance industry, they have attracted sharp scrutiny in recent months amid reports of price increases as high as 39 percent.
Ah yes, well as a business owner, let me report a somewhat higher increase of 40 f…ing percent, across a whole bunch of people!! We don’t charge our workers a penny but pay the whole thing.
Robert Zirkelbach, spokesman for the industry’s lobby group, America’s Health Insurance Plans (AHIP), defended the industry’s premium hikes, citing “soaring medical costs” and the number of younger, healthier consumers who are opting out of coverage. AHIP fought the healthcare reform bill.
The costs in medicine these days are related to the massive regulation and liability heaped on us by the same ‘government’ that ‘fixed’ the problem several months ago.
But other reforms, such as protections for those with pre-existing health conditions, do not go into effect until 2014.
By then, all Americans will be required to have health insurance or risk paying a fine. States can also set up health insurance exchanges aimed at providing consumers one-stop shopping to compare plans.
Yup, now we are forced to have health insurance. We’re forced to pay a private company for service. Nothing has ever been more unconstitutionally mandated in our lives but our population has been brainwashed — or imported — so the majority CAN’T FIGURE IT OUT!!
I know it sounds angry, I know you convince more people when you’re calm, but if you’re not angry you are not paying attention. So without further ado, the biggest lie of all…
“Insurance is still going to be expensive because healthcare is expensive,” said Gary Claxton, vice president and director of the Kaiser Family Foundation’s Marketplace Project, but he said many of the reforms should help increase competition for those shopping for their own coverage.
With mandated health care insurance, the competition will continue to raise prices. There is no market feedback when the price is too high, only when the price is higher than the guy next door. We don’t have the option of telling them no, unless we want the governnment to step in and steal the money.