HHS: Oops, plans actually cost more | TigerDroppings.com

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Lsut81
USA Fan
Member since Jun 2005
64203 posts

HHS: Oops, plans actually cost more


quote:

The Obama administration has directly conceded for the first time that 'in many cases,' health insurance plans offered through government exchanges are more expensive than plans consumers bought before the Affordable Care Act became law – even when government subsidies are figured in.

In a letter to state insurance commissioners, Center for Consumer Information and Insurance Oversight director Gary Cohen wrote on Thursday that one reason for the new Obamacare measures the president announced Thursday is that millions of consumers receiving cancellation letters from their insurers are learning the Affordable Care Act options are in fact less affordable.

'Although affected individuals and small businesses may access quality health insurance coverage through the new Health Insurance Marketplaces,' Cohen wrote, 'in many cases with federal subsidies, some of them are finding that such coverage would be more expensive than their current coverage, and thus they may [be] dissuaded from immediately transitioning to such coverage.'

His written statement contradicts President Obama's campaign promises that the Affordable Care Act would lower costs for Americans.



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FenrirTheBeard
New Orleans Saints Fan
NOLA
Member since Jun 2012
3269 posts

re: HHS: Oops, plans actually cost more


quote:

Plans actually cost more


Anyone who thought otherwise is a dunce.






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Kino74
Member since Nov 2013
85 posts

re: HHS: Oops, plans actually cost more


Complete shocker. Let's see a bill that requires "benefits" added on that many people don't need such as 65 year old paying for maternity care or guys getting Pap smears not to mention the removal of lifetime benefits cap comes in a higher price tag with insanely high deductibles. Next thing thing people will get shocked that raising taxes on products increases the price tag.

One thing I have learned in my life is that hard headed people only learn the hard way.






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Champagne
New Orleans Saints Fan
French and Spanish Empire Border
Member since Oct 2007
11186 posts

re: HHS: Oops, plans actually cost more


Hobbida Hobbida MAWK ! MAWK !

Exactly as expected.






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gatorrocks
Florida Fan
Lake Mary, FL
Member since Oct 2007
8749 posts
 Online 

re: HHS: Oops, plans actually cost more


Duh! Shared responsibility!!





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Bestbank Tiger
Tulane Fan
Landmass
Member since Jan 2005
19425 posts
 Online 

re: HHS: Oops, plans actually cost more


quote:

Let's see a bill that requires "benefits" added on that many people don't need such as 65 year old paying for maternity care or guys getting Pap smears


Paying for things they don't need isn't even the biggest driver of costs. Men don't get pap smears, women don't get prostate exams...that evens out. The insurance company will pay for one or the other and the overall cost is the same.

The real problem is that everyone is prepaying for those "essential" services. A lot of people would be better off keeping their old plan, with the lower premium, and paying cash for those services.






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drexyl
LSU Fan
Mingovia
Member since Sep 2005
14967 posts

re: HHS: Oops, plans actually cost more


insurance was increasing in cost every year so obamacare costing more doesn't matter since that was already happening anyways.





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Robot Santa
SMU Fan
TeamWalt
Member since Oct 2009
31234 posts

re: HHS: Oops, plans actually cost more


Admitting you have a problem is Step 1 in Pathological Liars Anonymous.





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SlowFlowPro
Stanford Fan
Simple Solutions to Complex Probs
Member since Jan 2004
294276 posts
 Online 

re: HHS: Oops, plans actually cost more


quote:

millions of consumers receiving cancellation letters from their insurers are learning the Affordable Care Act options are in fact less affordable.







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90proofprofessional
LSU Fan
Member since Mar 2004
8887 posts
 Online 

re: HHS: Oops, plans actually cost more


that's a nice gif.





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idlewatcher
LSU Fan
Houston
Member since Jan 2012
8584 posts

re: HHS: Oops, plans actually cost more


quote:

SlowFlowPro
That pic never gets old






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Jake88
George Mason Fan
Member since Apr 2005
8119 posts
 Online 

re: HHS: Oops, plans actually cost more


quote:

insurance was increasing in cost every year so obamacare costing more doesn't matter since that was already happening anyways.


Of course. Everything gets more expensive, but not at the rates seen with the ACA. Usually 3%-10% per year has now turned into 50%-150% by this coming January.



This post was edited on 11/14 at 11:50 pm


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Morgan56
Member since Jan 2006
218 posts

re: HHS: Oops, plans actually cost more


But Wait, It would have been a lot more if we had not passed this law that we didn't know was in it, so we could know what was in it. They have actually saved us all a lot of money, because it would have been more anyway.

Looking at it now, it should have cost billions more, look at all those billions we have saved the american public. WH: "Thank you"






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LSUGrrrl
LSU Fan
Frisco, TX
Member since Jul 2007
5482 posts

re: HHS: Oops, plans actually cost more


I really wish I'd bookmarked one of the many threads where the great "business managers" and "tax authorities" (not the poster) were calling everyone stupid bc many disagreed with their explanation of how Obamacare would work and save everyone money.





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Wild Thang
New Orleans Saints Fan
Who Dat Nation!!!! 438
Member since Jun 2009
21944 posts

re: HHS: Oops, plans actually cost more


None of what is happening is surprising


This post was edited on 11/15 at 1:31 am


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Wild Thang
New Orleans Saints Fan
Who Dat Nation!!!! 438
Member since Jun 2009
21944 posts

re: HHS: Oops, plans actually cost more


quote:

insurance was increasing in cost every year so obamacare costing more doesn't matter since that was already happening anyways.


quote:

Drexyl


I can add you to the list of riders on the bus moving forward .

Thanks






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mauser
LSU Fan
Bunkie
Member since Nov 2008
4375 posts

re: HHS: Oops, plans actually cost more


The WH knew they would cost more. It was all a lie.






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Lsut81
USA Fan
Member since Jun 2005
64203 posts

re: HHS: Oops, plans actually cost more


quote:

where the great "business managers" and "tax authorities" (not the poster) were calling everyone stupid bc many disagreed with their explanation of how Obamacare would work and save everyone money.


ANYONE who has been responsible for managing/running a business could see that the numbers simply did not work.

In unicorn land, being in the red/black is irrelevant, its how good you lie and hide the truth.






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