Posted on 09/13/2010 4:35:20 PM PDT by jazusamo
Last week saw more bad news for Obamacare. So the Obama administration slipped on the brass knuckles. Health insurance premiums grew by a smaller increment in 2010 than in any of the past 10 years. But on Tuesday, the Wall Street Journal reported that Obamacare appears to be turning that around:
"Health insurers say they plan to raise premiums for some Americans as a direct result of the health overhaul in coming weeks, complicating Democrats' efforts to trumpet their signature achievement before the midterm elections. Aetna Inc., some BlueCross BlueShield plans and other smaller carriers have asked for premium increases of between 1 percent and 9 percent to pay for extra benefits required under the law, according to filings with state regulators," reported by the Wall Street Journal.
In addition, a Mercer survey of employers found that 79 percent expect they will lose their "grandfathered" status by 2014, and therefore will become subject to many more of Obamacare's new mandates - a much higher figure than the administration had estimated. Employers expect those additional mandates will increase premiums by 2.3 percent, on average, and boost the overall growth of premiums from 3.6 percent to 5.9 percent in 2011.
In response to the health insurers' claims, Health and Human Services (HHS) Secretary Kathleen Sebelius fired off a letter to the head of the health insurance lobby. The news release on the HHS website makes her purpose plain:
(Excerpt) Read more at washingtontimes.com ...
Crooked Liberal which is redundant.
Arrest and jail her.
You might expect something like this a third world, arm pit country but not in America.
Zu Sprechen Ist Verboten !!!
How are they going to HIDE the INCREASED PREMIUMS?
“U.S. Department of Health and Human Services Secretary Kathleen Sebelius wrote America’s Health Insurance Plans (AHIP), the national association of health insurers, calling on their members to stop using scare tactics and misinformation to falsely blame premium increases for 2011 on the patient protections in the Affordable Care Act. Sebelius noted that the consumer protections and out-of-pocket savings provided for in the Affordable Care Act should result in a minimal impact on premiums for most Americans. Further, she reminded health plans that states have new resources under the Affordable Care Act to crack down on unjustified premium increases.”
...
“[We] will require state or federal review of all potentially unreasonable rate increases filed by health insurers. ... We will also keep track of insurers with a record of unjustified rate increases: those plans may be excluded from health insurance Exchanges in 2014. Simply stated, we will not stand idly by as insurers blame their premium hikes and increased profits on the requirement that they provide consumers with basic protections.”
http://www.washingtontimes.com/news/2010/sep/13/obamacare-silences-health-insurers/?page=1
Economist Russ Roberts recentlyexplainedone of the main themes of Friedrich Hayek’s1944 book “The Road to Serfdom”: “When the state has the final say on the economy, the political opposition needs the permission of the state to act, speak and write. Economic control becomes political control.” One need not agree with all of Hayek’s conclusions to see how Obamacare is threatening political freedom.
http://www.washingtontimes.com/news/2010/sep/13/obamacare-silences-health-insurers/?page=2
My Blue Cross Blue Shield family coverage premium doubled : 2X. That is 100% increase year-on-year.
Thanks Obama Care and Congress. Guess what I will be doing on election day?
BTT
Hey, it’s the Chicago way.
More from the Communist dictators in D.C. Out they must go ASAP!
They’re not going to hide the increases but I think they’d sure like to shut the companies up about them before the midterms.
Ah yes ... IGNORANCE is BEST before the midterms.
Yes, fool the sheeple for as long as possiblt.
My Blue Cross Blue Shield Special Care plan (a junky plan which I qualify for because I’m unemployed) has warned me that they will increase rates after January 1. I can’t afford the premium now. I’ll have to drop my health insurance. So, I’ll be fined under Obamacare if I do?
Why isn’t somebody impeaching this jackass? He and his administration are a wrecking crew destroying everything they can lay their hands on. How in the name of heaven does he have any positive rating in any opinion poll? He should be polling in the single digits.
Actually, I don't give a rat's ass.
Good piece by Barone. I hope others jump on this thug behavior of hers and Obama’s so people may become more enlightened on The Won.
Bump!
In Colorado, she is known for her hatred of coal-fired plants. She cancelled an excellent coal plant that would have provided power for Kansas as well as other states such as Colorado. I am not sure if that plant has been resurrected. She is a typical rat, a destroyer of economic freedom and private enterprise.
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