September 18, 2010

As Predicted: Health Insurance Becomes More Expensive Under ObamaCare
— Gabriel Malor

Not a surprise for anyone who knows the first thing about economics. For Democrats, however, this is probably unexpected.

The Connecticut Department of Insurance approved AnthemÂ’s request without changes, including a boost of as much as 22.9 percent just to comply with one provision: eliminating annual spending limits per customer. But itÂ’s unclear how much more customers will pay because of the variety of plans and the complexity of other factors, such as a personÂ’s age.

New provisions mandated by federal law to start Thursday include allowing young adults to stay on their parentsÂ’ plan until they turn 26, eliminating annual and lifetime limits on the amount of money an insurer spends per customer and mandating that insurers cover the full cost of preventive services, such as mammograms and colonoscopies.

The same is happening across the country. Just yesterday, the California Department of Insurance approved Aetna's requested rate hikes out here.

Aetna, Inc. has gotten the green light to raise premiums, making it the last of California's four major insurers to be cleared for rate hikes by state regulators.

The Department of Insurance approved the move Friday, allowing Aetna to raise rates an average of 19 percent for 65,000 policy holders, according to the Los Angeles Times.

Anthem Blue Cross, Blue Shield of California and Health Net Inc. were allowed to proceed with similar increases last month. The four companies control 90 percent of the state's individual policies.

All the hikes take effect Oct. 1.

The President has repeatedly criticized insurance rate hikes as a response to ObamaCare coverage mandates, but that's because he believes in unicorns and money trees and other shit that don't exist. Quite simply, ObamaCare made the business of providing health care by means of health insurance more expensive. As a result, it's going to cost more.

Here were the President's promises in the week before the law passed:

"You'll be able to buy in, or a small business will be able to buy into this pool," Mr. Obama said. "And that will lower rates, it's estimated, by up to 14 to 20 percent over what you're currently getting. That's money out of pocket."

And that's not all.

Mr. Obama asked his audience for a show of hands from people with employer-provided coverage, what most Americans have.

"Your employer, it's estimated, would see premiums fall by as much as 3,000 percent," said the president, "which means they could give you a raise."

A White House press spokesman later said the president misspoke; he had meant to say annual premiums would drop by $3,000.

He lied.

Posted by: Gabriel Malor at 10:31 AM | Comments (78)
Post contains 447 words, total size 3 kb.

1 GREEDY CORPORATIONS HIKE RATES, WOMEN AND MINORITIES HARDEST HIT!

Posted by: the peanut gallery at September 18, 2010 10:33 AM (NurK6)

2 Anthem, don't make me haul your asses before Congress again!

Posted by: Henry Waxman (D - NIMH) at September 18, 2010 10:33 AM (BP6Z1)

3 #2 I KNEW IT! Now I realize why I never liked that creepy Disney movie...

Posted by: Dead Horse Beating Futures at September 18, 2010 10:35 AM (Gr1V1)

4
Serial lying seems to be a character requirement for membership in the Democrat Party.

Posted by: Fish at September 18, 2010 10:35 AM (v1gw3)

5 He didn't lie.  His theory said that costs would go down, and like any good academic, once the policy was in place, Obama considered the relationship between his theory and reality to be completely academic. 

Posted by: pep at September 18, 2010 10:35 AM (0K3p3)

6 I'm hungry.

Posted by: Halfsek at September 18, 2010 10:36 AM (4jfKg)

7 Actually, on second thought, he did lie.  Academics at least generate a paper trail, and Obama didn't even do that. 

Posted by: pep at September 18, 2010 10:37 AM (0K3p3)

8 Gabe,

You are making a flawed asumption; that the sum total of human experience with economic transactions will bear on these issues.

This time it's different. If only you got on board, everything would work perfectly. But you cling bitterly to your outmoded ideas (and, probably, your guns), ruining it for everyone else.

Fascist!


Posted by: NJProgressive at September 18, 2010 10:37 AM (LH6ir)

9 bye-bye, Connecticut Senate race. Thats if McMahon beats this into the voters heads with her $1000/hr ad spending.

Posted by: CAC at September 18, 2010 10:37 AM (Gr1V1)

10
Yea, we're gonna insure 25 million more folks and it isn't going to cost a thin dime as determined by my crack team of Ivy League educated economist and health experts who have never held a real job. 

Posted by: Barack "Three Card Monte" Obama at September 18, 2010 10:38 AM (v1gw3)

11 Fiorina would be wise to pounce on this here in California, double for Angle in Nevada. The job market situation was a kick in the shins. This is a kick in the balls...with glass-lined cleats.

Posted by: CAC at September 18, 2010 10:39 AM (Gr1V1)

12

Sebiliass has already sent a letter to some insurance companies that she will not allow those companies to blame the deathcare bill for those raises in premiums.  She says that if they do, she will not allow them to be included in the approved plans she will demand and regulate.

What she did was threaten private industry to exclude them from being able to sell insurance at all come '14 (it may be '16).   So, our government threatens another industry with being put out of business if they don't tow the government line.

I hate these pukes.

 

Posted by: Steph at September 18, 2010 10:39 AM (nbzzk)

13 There's an important point we should grasp and exploit: this means that repeal of Obamacare would lower rates.

Posted by: TallDave at September 18, 2010 10:39 AM (lNW+B)

14 Now I realize why I never liked that creepy Disney movie...

Secret of NIMH wasn't Disney. But yeah, it was the creepiest kids movie EVAR. Except for Dumbo.

Posted by: Gabriel Malor at September 18, 2010 10:40 AM (1TvCg)

15 If you like your insurance you can go into hock and keep your health insurance!

Posted by: King Barry XV at September 18, 2010 10:40 AM (BP6Z1)

16
Conservatives just want to bring our black president down the same way they do for Maxine Waters, Sheila Jackson Lee, and Uncle Remus.

Posted by: Joe Bite Me at September 18, 2010 10:40 AM (v1gw3)

17 Secret of NIMH wasn't Disney. But yeah, it was the creepiest kids movie EVAR. Except for Dumbo.

Posted by: Gabriel Malor at September 18, 2010 02:40 PM (1TvCg)

--IIRC, Don Bluth was one of the early fugitives from Disney, so you'd both be sort of right.

Posted by: logprof at September 18, 2010 10:41 AM (BP6Z1)

18
And the rumble of revolution continues to build in the fatherland.

Posted by: Fish at September 18, 2010 10:41 AM (v1gw3)

19 This whole topic is hatefilled and racist.

/denounce

Posted by: Unclefacts, AoSHQ Pro Debate Team, Bacon Raconteur at September 18, 2010 10:42 AM (eCAn3)

20
And the Republicans are offering what?

Repeal?

No. Repeal & Replace with their own version Obamacare-lite.

Tell me again what the difference is between R's and D's?

Posted by: I See Georgia O'Keefe When I Look At My Penis at September 18, 2010 10:42 AM (6C0s0)

21 Except for Dumbo.

Posted by: Gabriel Malor at September 18, 2010 02:40 PM (1TvCg)

Leave Barack Obama alooooooone!!!

Posted by: Annoying Youtube User at September 18, 2010 10:42 AM (BP6Z1)

22 Yeah, when I factor in my medicine, my bills are going up 71% a month. So if you're only going up 22%, you're lucky.

Posted by: Doc at September 18, 2010 10:43 AM (MYT77)

23 No. Repeal & Replace with their own version Obamacare-lite.

Eliminate government insurance programs all together.

Posted by: Herr Morgenholz at September 18, 2010 10:45 AM (rbfTh)

24 Will health care be offered in the Camps?

Posted by: USS Diversity at September 18, 2010 10:45 AM (u3Zi5)

25 He did not lie. He fucking lied. Much more heinous IMHO

Posted by: Mjb at September 18, 2010 10:45 AM (Fr8N6)

26 Hey where do I get my free lunch?

Posted by: nevergiveup at September 18, 2010 10:46 AM (U5btG)

27 O/T -- Leftists now want to put Black Narcissus on the dollar bill.  Shouldn't that be a $3 bill?

Posted by: RushBabe at September 18, 2010 10:46 AM (a3Z62)

28

only 23% ??

that's it??  I've already received a letter from Blue Cross that it will cost 37% more next year for me to cover my employees, guess what means?  No hiring under any condition.  I will have to pay them less, or have them cover more of their health insurance, which means less take home pay. If you all think the ecnomony is bad now, wait until 4th quarter of this year and the first 2 quarters of 2011.

I'm shocked!  Absolutely shocked!!  /sarc.

Posted by: johnc_recent_EX-dem at September 18, 2010 10:47 AM (ACkhT)

29
No. Repeal & Replace with their own version Obamacare-lite of Regancare

That's where you get up off you ass, go to work and pay your own way in life.  What a novel concept.

PS - Only applicable if you're conservative, all others get to suck the Obama cock.

Posted by: Fish at September 18, 2010 10:47 AM (v1gw3)

30 27 O/T -- Leftists now want to put Black Narcissus on the dollar bill.  Shouldn't that be a $3 bill?

Posted by: RushBabe at September 18, 2010 02:46 PM (a3Z62)

--FDR on the 100 is even worse.  He's already got a fucking coin.

Posted by: logprof at September 18, 2010 10:47 AM (BP6Z1)

31 I've already received a letter from Blue Cross that it will cost 37% more next year for me to cover my employees

Same here from United Health Care.  About a third.

Posted by: Herr Morgenholz at September 18, 2010 10:49 AM (rbfTh)

32 And this is why employers are hoarding cash and not hiring.  There is nothing exciting at all about new hires now.

Posted by: Quilly Mammoth at September 18, 2010 10:51 AM (7rfUg)

33 Leftists now want to put Black Narcissus on the dollar bill. 

Nice currency design.  If you're in the market for the B&O Railroad.

Posted by: Herr Morgenholz at September 18, 2010 10:51 AM (rbfTh)

34 #12 -- Newtie finally made some sense.  He says the first thing the new congress should do is force Kath-a-leen Sebelius out.

Posted by: RushBabe at September 18, 2010 10:52 AM (a3Z62)

35 Our fucking genius president.  Nov. 2012 can't come soon enough.

Posted by: RickS at September 18, 2010 10:53 AM (Kogrf)

36 Yep, got the new bills this week.

Rope.  We need rope.  Lots and lots of rope.

Posted by: Adjoran at September 18, 2010 10:54 AM (VfmLu)

37
If it were a toss up between Black Mamba and Lady Gaga on the dollar bill, my choice would be to hang the bastards that even considered the idea.  Don't fuck with George.

Posted by: Fish at September 18, 2010 10:54 AM (v1gw3)

38 Re the Baracky dollar bill -- get the symbolism?  They want to replace the real father of our country with the "new & improved" one.

Posted by: RushBabe at September 18, 2010 10:55 AM (a3Z62)

39 I'm on my wife's insurance and my employer pays me what he would have paid on my healthcare, so I'm gettin' a raise after all! Woot!

Posted by: 4thGenerationBuck at September 18, 2010 10:55 AM (Yc9B+)

40
...it isn't going to cost a thin dime as determined by my crack smoking team of Ivy League educated economist and health experts who have never held a real job.

FIFY

Posted by: Atomic Roach at September 18, 2010 10:55 AM (rMMMP)

41 I'm on my wife's insurance and my employer pays me what he would have paid on my healthcare, so I'm gettin' a raise after all! Woot!

Posted by: 4thGenerationBuck at September 18, 2010 02:55 PM (Yc9B+)

Good...you can use it to pay the increase on your wife's insurance!

Posted by: Tami at September 18, 2010 10:57 AM (VuLos)

42

OT - hey, guys, have you seen this? Video of Dim Rep Dedbbie Halvoson's and Obama supporters weilding Nazi signs depicting Saah Palin, Glen Beck and her GOP competitor Adam Kinzinger with Hitler mustaches nd claiming not to be a part of Halvorson's organization being filmed heading back into her campaign office after their little Nazi Party.

From Gateway Pundit: http://tiny.cc/c4m58

Posted by: redstatedeb at September 18, 2010 10:57 AM (CluUg)

43 That article has 15 different proposed designs for new bills.  Exactly one has "In God We Trust" on it, as required by law.

Posted by: Herr Morgenholz at September 18, 2010 10:57 AM (rbfTh)

44

forget hiring, 2 of my fellow small business owners are letting go some employees, they are trying to hold on, cut hours, etc, but that is no longer possible, revenues are not what they used to be.

DC idiots really are stupid not to realise that there is a reason Europe always sustains such high unemployment, when you force companies to provide all sorts of things, guess what?  compnies sure as hell aren't going to hire people, not going to take risks to create new businesses.

by the 2011, this entire economy will be at a standstill if this chitty DeathCare bill is not repealed completely and a more competitce, patient centric legislation is put in.

--btw, not sure if you have seen this interview by Home Depot's co-founder, he rips into Obama, saying the man has no clue what he is doing. Its worth a watch.

http://tinyurl.com/25u6qst

Posted by: johnc_recent_EX-dem at September 18, 2010 10:57 AM (ACkhT)

45 The Left will say all this means the only thing that can thwart corporate greed is *cue choir of Angels* Single Payer!

Posted by: eman at September 18, 2010 10:59 AM (zCAXm)

46 If it makes anyone feel any better, Castle was not for the repeal of Ogabecare

Posted by: beedubya at September 18, 2010 10:59 AM (AnTyA)

47 So then to sum up, what barama and the death squads are saying is:

If you like the white hot barbed poker we're shoving up your ass, you get to keep the white hot barbed poker we're shoving up your ass.

Posted by: Asian Carp Tsar (now with Kung fu grip!) at September 18, 2010 11:00 AM (KM+vI)

48

41 I'm on my wife's insurance and my employer pays me what he would have paid on my healthcare, so I'm gettin' a raise after all! Woot!

Posted by: 4thGenerationBuck at September 18, 2010 02:55 PM (Yc9B+)

Good...you can use it to pay the increase on your wife's insurance!

Ohhh, I got burned by Tami.

Posted by: 4thGenerationBuck at September 18, 2010 11:01 AM (Yc9B+)

49 If you can stand it, there's news on DE's new senate candidate, alternative lifestyle news -- involving blood sacrifice.

Posted by: RushBabe at September 18, 2010 11:01 AM (a3Z62)

50
"All I want to do is solve problems and make people happy."

Posted by: wise words from Olympia Snowe at September 18, 2010 11:02 AM (6C0s0)

51 Obama should be on the Trillion Dollar Bill.

Posted by: Jehu at September 18, 2010 11:03 AM (blgUG)

52
"When I cross my legs and get fidgety it usually means I have to go pee pee."

Posted by: wise words from Olympia Snowe at September 18, 2010 11:03 AM (6C0s0)

53  The thing that scares me the most is that the "Elites" in our party, are standing in the way. Come November we have to make a change in leadership in both houses. We need someone that will listen and then do the bidding of we the owners of this country.

Posted by: jainphx at September 18, 2010 11:03 AM (ew5pX)

54 Every single GOP candidate should hammer this like it owes them money. Especially a tiny cute one in a small eastern State whose name escapes me for some reason.

Posted by: eman at September 18, 2010 11:03 AM (zCAXm)

55
Bernie Marcus, a founder of Home Depot is a no nonsense conservative who will never be asked his opinion by the Marxist in Washington because he actually created a sustainable business with thousands of employees and that's just not fair.

Posted by: Fish at September 18, 2010 11:04 AM (v1gw3)

56

 ...we the owners...

Say, that's kinda catchy.

Posted by: RushBabe at September 18, 2010 11:04 AM (a3Z62)

57 OMG! Is Christine Team Jacob?!

Posted by: eman at September 18, 2010 11:06 AM (zCAXm)

58 Bernie Marcus, a founder of Home Depot is a no nonsense conservative who will never be asked his opinion by the Marxist in Washington because he actually created a sustainable business with thousands of employees and that's just not fair.

Posted by: Fish at September 18, 2010 03:04 PM (v1gw3)

Tell us about it.

Posted by: Toyota at September 18, 2010 11:08 AM (BP6Z1)

59

What she did was threaten private industry to exclude them from being able to sell insurance at all come '14 (it may be '16).   So, our government threatens another industry with being put out of business if they don't tow the government line.

I wish this was getting more attention and that the Reps will do something about it.  Sebellius should lose her job over it.  This kind of threat, espeically so early  before the gov't becomes even more powerful with regards to our healthcare, is unconstitutional and probably illegal (right?  using the power of the state to intimidate private businesses has got to be in violation of some law).

Posted by: Mayday at September 18, 2010 11:24 AM (TRgli)

60 Let me be clear: George Washington acted stupidly.

Posted by: Sir Golfsalot at September 18, 2010 11:24 AM (pfStM)

61 I have no fewer than three actuaries (the folks who figure out these things) in the family (hey - I grew up near Hartford, the Insurance capital of the world).  The big problem they have is not whether or not insurance costs will increase due to this unicorn skittle crap sandwich, but by how much.  

But of course, they're racist bitter clingers for thinking that.

Posted by: RightWingProf at September 18, 2010 11:29 AM (I8MPS)

62
The President has repeatedly criticized insurance rate hikes as a response to ObamaCare coverage mandates, but that's because he believes in unicorns and money trees and other shit that don't exist. Quite simply, ObamaCare made the business of providing health care by means of health insurance more expensive. As a result, it's going to cost more.

As a bonus - It's going to cost more in terms of the taxes we pay, too.

The democrats are salivating to raise taxes to help cover this mess.  Tax hikes are on purpose.  Control freak punitive tax increases must pay for tax payer funded health care the democrats shoved down our throats.


Posted by: Lemon Kitten at September 18, 2010 11:40 AM (0fzsA)

63

The increase to my Blue Shield premiums was more like 30% here in CA!  Thanks Obama... Now I have to move over the super high deductible plan just to keep my premiums affordable...

Posted by: Alix at September 18, 2010 12:04 PM (I1dfB)

64

My Anthem Blue Cross went up $180 a month. This was straight due to a) no cap on plan lifetime cost of service (was $6million) and b) coverage of useless deadbeat children to age 26.

fucking libtards

Posted by: torabora at September 18, 2010 12:14 PM (hKsfh)

65 After your case is reviewed by your Death Panel, you'll die and you won't have to worry about rate increases. sheesh...what a bunch of cry babies!

Posted by: Typical Duplicious DemocRAT at September 18, 2010 12:19 PM (hKsfh)

66 I'm facing potential huge medical bills, my insurance is going to skyrocket, and I can't work, and by the time I can the job market won't be any better.

In my condition, if they hadn't been forced to remove the death panel provisions, I'd probably be in front of one right now.

At some point politicians *have* to be imprisoned for the damage they do, we're talking trillions here, outright theft. And Sibelius needs to be dropped in the arctic with a pork chop tied around her neck for making threats like that.

Posted by: Merovign, Strong on His Mountain at September 18, 2010 12:27 PM (bxiXv)

67 Oh, and one more thing: We can talk about single-payer health care right after we get single-payer legal care.

I mean, everybody needs a lawyer sooner or later, right? Not fair that some people can't afford them. And costs are going up too fast, there's plenty of waste, fraud and abuse in the system, and just what are the profit margins for big law firms anyway?

Which "obamacare" argument doesn't apply to lawyers, hmm?

Posted by: Merovign, Strong on His Mountain at September 18, 2010 12:30 PM (bxiXv)

68 Of course none of this is important, what's really important is that COD dabbled in witchcraft.  Who cares that employers are going to let workers go because of Obamacare, and the economy is going to continue to sink further into the abyss.  Never mind the fact that Castle was not for repealing Obamacare, we must focus on COD's past inorder to save the country.

Posted by: Opus at September 18, 2010 12:37 PM (IebeI)

69 Heh, my bullshit Aetna policy is increasing from $265/mo to $333/mo.  For an $8000 deductible and a $12,500 annual out of pocket that I've had for 2 years and has never cost Aetna a nickel.  May they rot in hell and their dicks fall off.  But, my cool insurance lady found a Blue Cross $1000 deductible for $277/mo and I am filling out the 27-page (I shit you not) application now.

Posted by: Peaches at September 18, 2010 12:40 PM (sVu2f)

70 This is unexpected and unprecedented

Posted by: TheQuietMan at September 18, 2010 12:43 PM (m0Hpn)

71

Obama: "Your employer, it's estimated, would see premiums fall by as much as 3,000 percent," said the president, "which means they could give you a raise."

Reality:  "If you still have a job, your employer, it's now known, will see premiums rise by around 23%, which means you won't be getting any raises any time soon.  In fact, you'd be wise to increase your ass-kissing by as much as 3000 percent, or you may find yourself out of a job. "

Posted by: MostlyRight at September 18, 2010 01:25 PM (AVPDi)

72 In a few years this country is going to find out first hand why communism is a bad idea. 


Posted by: VADM (Red) Cuthbert Collingwood RN at September 18, 2010 04:14 PM (UL/HQ)

73

And this is why even dead Republicans will win in November.  Oh, and do you think this will help in the area of that "three letter word" J-O-B-S?  Or how about that partial repeal of the clause requiring a 1099 for every transaction over $600.00 (Obama opposes that and can veto) that's still in the mix.  Harry Reed is pushing Dream and there's hearings on guns.

Can anyone name someone the Democrats haven't pissed off?

(Other than Unions, they're getting daily BJs and loving it...)

Posted by: Warthog at September 18, 2010 04:20 PM (WDySP)

74 3000% or $3000, hell it's all the same if you are just an actor reading off the teleprompter. look pretty and say your lines convincingly.

Posted by: befuddled at September 18, 2010 08:58 PM (xJU23)

75 FYI, the front desk at the clinic was talking to one of the PPO carriers -- they're  saying clinics had better max out their fee increases this year, because Obamacare is going to screw everyone in years to come.  

Translation -- expect BIG increases and more BS starting in January.  This means rationing, scheduling tweeks and other BS attempts at workarounds to get paid decently for the work one does will start in earnest soon afterwards.  One should also expect more and more clinics to start dropping or restricting poorly paying carriers, Medicare, and Medicaid (patients) soon afterwards. 

Free shit's gotta taste great -- eat it by the bucket...  It's an acquired taste. 

Posted by: drfredc at September 18, 2010 11:42 PM (puRnk)

76 My insurance at work went up  and the lady from corporate told us that it was the government we should blame. No mincing around about it...she said it went up for them too. We all pay more, the employer and the employee. Thanks a bunch Obama.

Posted by: Terrye at September 19, 2010 02:50 AM (Pr8hY)

77 Spam already?
Too early for this shit.

There's a simple ad that will ensure that every single Republican (except the witches, of course) will win.

"How much has your health insurance gone up in the last year?"
[Few man-on-the-street holding a letter scenes--"mine has gone up [opens letter] $X!!?]
Clip of Dems saying how there're gonna go down
"On Christmas Eve, 100% of the Democrats in the Senate voted to raise your health insurance premiums; a few weeks later, 90% of Democrats in the House voted to do the same."
"On November 2nd, you have a choice: Will you vote for ___________ (D), and another health insurance premium increase?"

Posted by: jimmuy at September 20, 2010 06:23 AM (ImAna)

78

I have health insurance supplied by Cigna through the company I work for and I was informed last week my rate will DOUBLE in October of this year.

Thank you to Mr. Obama, Congress, and Senate.

Posted by: martdod at September 20, 2010 11:11 AM (zv5vO)

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