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Started By
Message
Re: Obamacare; NC Premiums set to rise more than 13%
Posted on 10/22/14 at 2:49 pm
Posted on 10/22/14 at 2:49 pm
quote:
RALEIGH, N.C. (AP) -- North Carolina's largest health insurer said on Wednesday that 2015 rates will rise by more than 13 percent on average for buyers of individual Affordable Care Act policies.
Blue Cross and Blue Shield of North Carolina discussed the expected rate increases in a teleconference several weeks ahead of the Nov. 15 kickoff for the enrollment period for coverage starting in January. Blue Cross said rates would rise an average of 13.5 percent for 315,000 customers who enrolled this year in individual plans that comply with President Barack Obama's health insurance law. It cautioned that the actual increase for each person will be affected by factors including age, location and plan level.
As an example, the insurer said a 45-year-old nonsmoking man in the Raleigh area who didn't receive subsidies would see his monthly premium rise by about $57 to $421.32 per month on a typical individual ACA silver plan. Most customers, however, receive the subsidies.
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Posted on 10/22/14 at 2:50 pm to Lsut81
Posted on 10/22/14 at 2:53 pm to NC_Tigah
quote:
NC_Tigah
Posted on 10/22/14 at 2:53 pm to Lsut81
Tillis should jump on this
Posted on 10/22/14 at 2:53 pm to Lsut81
THEY WERE GOING UP ANYWAY!!!!!
Besides, there's probably some mergers and acquisitions in the health insurance industry that are driving rising premiums far more than Obamacare.
Besides, there's probably some mergers and acquisitions in the health insurance industry that are driving rising premiums far more than Obamacare.
Posted on 10/22/14 at 2:54 pm to HailHailtoMichigan!
This will really help their struggling Dem Senate candidate.
Posted on 10/22/14 at 2:57 pm to the808bass
quote:
there's probably some mergers and acquisitions in the health insurance industry that are driving rising premiums far more than Obamacare.
2015 will be the second year in a row that the rate of my plan did not increase at all but we have increase of taxes, etc. directly resulting from the ACA. 4% in 2014 and 5% due for 2015.
This post was edited on 10/22/14 at 3:00 pm
Posted on 10/22/14 at 2:58 pm to Lsut81
quote:
Aside from the those policies, the insurer is maintaining pre-existing plans that don't conform to the Affordable Care Act's requirements but that customers wanted to keep. The Obama administration said in March that it was allowing a two-year extension for individual policies that don't meet the health law's requirements.
This part is what the insurers are ignoring with the recent news of dropped policies which had a thread here. They had extensions. The companies that are dropping folks now are doing so on their own.
I didn't dare jump in the other thread when you guys were spit roasting Obama. Didn't want to ruin your fun.
Posted on 10/22/14 at 3:09 pm to Vegas Bengal
quote:
This part is what the insurers are ignoring with the recent news of dropped policies which had a thread here. They had extensions. The companies that are dropping folks now are doing so on their own. I didn't dare jump in the other thread when you guys were spit roasting Obama. Didn't want to ruin your fun.
Sorry, I wasn't part of that thread...
So what you are saying is the insurance companies are dropping plans in order to charge customer more because they can??? Because their costs have increased thanks to the legislation and having to provide extra stuff they didn't before?
Posted on 10/22/14 at 3:13 pm to the808bass
quote:Serious or joking?
THEY WERE GOING UP ANYWAY!!!!!
Besides, there's probably some mergers and acquisitions in the health insurance industry that are driving rising premiums far more than Obamacare.
Posted on 10/22/14 at 3:13 pm to Lsut81
As a college student that can't be carried on my parents insurance, I am priced out of the market at this point. The plan I had was around $120 a month. That same plan is now over $300.
Posted on 10/22/14 at 3:15 pm to NC_Tigah
Way joking.
Should have said
/mmcgrath
Should have said
/mmcgrath
Posted on 10/22/14 at 3:17 pm to Vegas Bengal
quote:You deserve a downvote every time you post.
Vegas Bengal
Posted on 10/22/14 at 3:20 pm to HailHailtoMichigan!
quote:
You deserve a downvote every time you post.
So you downvote the truth?
Some day you'll end up SECCrazy.
Posted on 10/22/14 at 3:24 pm to Vegas Bengal
quote:Have to transition at some point. Were we abutting the deadline, companies dropping folks would still be doing so on their own. They could appeal. They could quit business altogether. Any decision they make is on their own. They built that. Someone else didn't do that for them. Their build, their decision. They are on their own.
The companies that are dropping folks now are doing so on their own.
There are reasons NC-Obamacare costs are increasing far faster than the national clip. Those were predictable. Hagan was the deciding vote for Obamacare and against NC. The chickens are coming home to roost on her empty chair.
Posted on 10/22/14 at 3:24 pm to NC_Tigah
Tigah, poll after poll after poll shows Hagan leading by 2-3.
Posted on 10/22/14 at 3:27 pm to HailHailtoMichigan!
quote:They surely did.
Tigah, poll after poll after poll shows Hagan leading by 2-3.
Posted on 10/22/14 at 3:28 pm to the808bass
quote:
Way joking.
Should have said
/mmcgrath
Posted on 10/22/14 at 3:31 pm to the808bass
quote:Well. It was true regarding the company in the other thread. Are you denying that?
Way joking.
Should have said
/mmcgrath
Posted on 10/22/14 at 3:34 pm to mmcgrath
It was true that they had had a merger. It was not demonstrated that it had anything to do with their rate increases.
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