Skip to comments.Top insurance exec: Your health premiums will go up, coverage will change under Obamacare
Posted on 03/29/2010 8:51:34 AM PDT by rightwingintelligentsia
Many, many times during the health care debate, President Obama promised the American people that if they have insurance and they are happy with it, then it would not change under the Democrats' national health care proposal. "Under the plan, if you like your current health insurance, nothing changes, except your costs will go down by as much as $2,500 per year," Obama promised on his transition website before assuming office. Once in the White House, he repeated that promise over and over and over.
You didn't really believe that, did you? Good. To confirm your suspicions, read the new BusinessWeek interview with Ron Williams, the chairman and CEO of Aetna Insurance, which covers more than 36 million Americans:
Will insurance premiums go up?
The answer is yes, and some of the things that will drive those premiums are significant additional taxes the industry will ultimately have to pay in the first year.
The President said that this bill would not have any impact on people who already had coverage, that it was about the uninsured, that there would be no change. Will this legislation change the coverage of people who are already paying for it?
My perception is, yes, things will change. You might not have a plan that includes the exact same doctors. You might have plans that have richer benefits, and therefore you're going to pay more for benefits you may or may not want. It would have been a better message to say, we're going to make certain you maintain your eligibility.
(Excerpt) Read more at washingtonexaminer.com ...
Everywhere in the liberal media there are articles now, stating you will not be able to find a doctor, that employers will be dropping your health coverage.
Repeal is so important.
Have any left?
Think about this, too folks - Government mandates oligopoly for a few big-time insurance companies + government mandated captive consumer base for those companies = higher premiums and no recourse to do a thing about it.
Except repealing the blankety-blank law, and enacting conservative measures like cross-state line buyer options and tort reform, that is.
BUMMER, YOU LIE!
Yes, finding a doctor when you need one is going to be difficult. maybe a personal crisis. Like Rahm said though, a crisis is a terrible thing to waste. So what’s next? To fix the no Dr. crises we need the government to take over all med schools. I was going to say take over the AMA but they have already.
We heard little from the insurance industry prior to passage of the bill, now that it's a done deal, we may hear grousing from insurance executives. But the bottom line in that the government and the big insurance companies have done each other a huge favor here.
That's how economic fascism works.
They can raise all the taxes and charge more for everything....It don't matter...The private sector is basically broke.
Where was HE when it mattered?
Good luck with the unions trying to get their employers to keep their insurance premiums low.
Where is that captain obvious photo?
Yeah, NOW they start the stories. After it has passed. B*****ds.
Exactly. Marxism and Fascist Corporatism are two shades of the same red.
That is in the bill in one of the most heinous ways. The bill requires that med/nursing schools and hospitals employ/educate people that reflect the "demographics of the local population and clientele". It's reparations disguised as affirmative action.
It requires these institutions to racially profile.
I believed Obama even less than a sensible person believes Tiger Woods’ promises to his wife, “forsaking all others, until death...” Anyone who is shocked that Obama lied on this is too stupid to be allowed out of a padded room.
That's been the idea all along. This bill is tailor-made to create a number of "crises" which will then need to be "solved" by further government intrusion into this already intruded sector of our economy. It's just a big step in a path already being followed. Why else do you think the government had already thrown up such impediments to real reform (such as opening up competition by allowing us to buy across state lines) that we were brought to the present insurance regime? To create the "need" to fix the "broken" insurance system with its costs and whatnot. Make the problem worse, and you increase the calls for a "public option." Make doctors scarcer, and you can justify rationing, as well as federalising the education system even further.
These people NEVER do anything without a plan for increasing their own power years down the road.
That's why they always seem to win, while short-sighted conservatives who refuse to vote so as to "send a message" always seem to lose.
I’m with TN Rural Health which offers Blue Cross in a Co-Op plan
483/month for my family of 7 including my early 20s daughters
1000/per person deduct for drug plan, you pay and submit...only I hit this mark
We got a note that our premium will go up estimated 43% to cover the no preexisting clause and then could go up another 150% to cover everything...they simply do not know yet
the goal is to kill private insurance
just like my company, they wanted the hundreds of thousands of new members. My company (a local HMO in Los Angeles ) was on board with Obamacare from the very beginning.
Sickening, just sickening.
“..and no recourse to do a thing about it.”
I think that’s the plan. They’ll demagogue the insurance comapnies, thereby paving the way for single payer.
And by that point, the people will welcome it.
This is how they operate. They set things up in such a way that the people beg for the next step.
Hayek had it nailed.
And come November you all know what is in the bill and you will like it so much..../sarc.
I believe we need more padded rooms. ;-0
Right, like when the US govt told the American Indians, that if they would just move onto the reservation, they could still hunt like they did before, etc. etc.
Ask any American Indian how THAT promise worked out for them.
Interesting that Barackula signed this pos on March 23.
Hitler signed the Enabling Act March 23, 1933. 77 years to the date.
Universal healthcare has to be subsidized by any or all of the following, by defintion . . .
Insurance co. profits and innovations
Lesser quality care
Future generations of taxpayers
There’s no other way around these. No free lunches here, unless you’re an illegal alien
Exactly. And Margaret Thatcher’s “ratchet” effect will be clearly seen as this plays out to its logical conclusion. the back-and-forth between the “two parties” will prove to be kabuki theater. I hope no one is holding their breath waiting for repeal.
Wait’ll they find out they get the new members, but they can’t increase the premiums to cover the new benefits both the new and the old members get. They’ll be thrilled.
Of course, with a few bucks directed to a certain reelection account, that little problem can all be solved...
Those of us who were paying attention, KNEW Hussein was, as always, lying through his teeth. The fools who believed him are in for a rude awakening. I’m pleased to report that two friends of mine, die hard Dim-o-crats, despise Hussein and are considering changing parties. I suppose it’s never too late to see the light.
Oh, there will be repeal, one way or the other. Even if we have to toss every last one of these bozos out on their cans to do it.
I think they should do for life insurance what they did for health insurance. No more denying coverage just because of pre-existing death. After your family member dies, you should be able to walk into the insurance company and get a million dollar policy. They should be required to pay out on it, just like the health insurance industry. Heartless bastards!
So when does this dude get a call from the WH for reeducation?