Author Topic: Premiums rising faster than eight years before Obamacare COMBINED  (Read 284 times)

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Offline jmyrlefuller

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http://dailycaller.com/2014/03/18/report-premiums-rising-faster-than-eight-years-before-obamacare-combined/

by Sarah Hurtubise
March 18, 2014

Health insurance premiums have risen more after Obamacare than the average premium increases over the eight years before it became law, according to the private health exchange eHealthInsurance.

The individual market for health insurance has seen premiums rise by 39 percent since February 2013, eHealth reports. Without a subsidy, the average individual premium is now $274 a month. Families have been hit even harder with an average increase of 56 percent over the same period — average premiums are now $663 per family, over $426 last year.

Between 2005 and 2013, average premiums for individual plans increased 37 percent and average family premiums were upped 31 percent. So they have risen faster under Obamacare than in the previous eight years.

Premiums are being hiked across the board for several reasons, but the biggest contributor is the Obama administration’s highly touted “essential health benefits,” services that insurers on and off exchanges must provide.

Some benefits, such as emergency and laboratory services, are uncontroversial. But others, like maternity, newborn and pediatric services, are causing headaches for huge swaths of the population that don’t need them. Anyone past childbearing age, single men, the infertile, even nuns — their premiums are rising as well, because their plans must, by law, provide more services.

But premiums aren’t the only key to health care costs — deductibles and out-of-pocket costs like co-pays are also rising. When it comes to employer health plans alone, four out of five U.S. companies have increased deductibles or are considering doing so. (RELATED: 4 of 5 companies may hike deductibles due to Obamacare)

Prices may be people away from purchasing health insurance. The latest survey from consulting firm McKinsey found that half of those who haven’t purchased health insurance yet this year cited their inability to pay the premium.

Read more: http://dailycaller.com/2014/03/18/report-premiums-rising-faster-than-eight-years-before-obamacare-combined/#ixzz2wPs2r9Uu
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Offline Gazoo

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Re: Premiums rising faster than eight years before Obamacare COMBINED
« Reply #1 on: March 19, 2014, 10:09:25 AM »
Quote
Premiums are being hiked across the board for several reasons, but the biggest contributor is the Obama administration’s highly touted “essential health benefits,” services that insurers on and off exchanges must provide


Do men still have to get maternity coverage?

http://endobamacare.blogspot.com/2013/10/sebelius-is-asked-why-men-are-required.html
"The Tea Party has a right to feel cheated.

When does the Republican Party, put in the majority by the Tea Party, plan to honor its commitment to halt the growth of the Federal monolith and bring the budget back into balance"?

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Offline Gazoo

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Re: Premiums rising faster than eight years before Obamacare COMBINED
« Reply #3 on: March 21, 2014, 12:50:37 PM »
Obama has moved on to picking out his library. Nothing to see here. It is all Bush's fault and that damned Romney has a horse and Christie ate a donut WHILE stopping traffic.
"The Tea Party has a right to feel cheated.

When does the Republican Party, put in the majority by the Tea Party, plan to honor its commitment to halt the growth of the Federal monolith and bring the budget back into balance"?

Offline xfreeper

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Re: Premiums rising faster than eight years before Obamacare COMBINED
« Reply #4 on: March 21, 2014, 01:05:15 PM »
community organizer has plan to revamp nations healthcare insurance system. What could go wrong?


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