Health Insurers Seeking Rate Hikes Of More Than 20 Percent In Connecticut

Hartford Courant ^

[GailA]

Let me get this straight. We're going to be "gifted" with a health care plan we are forced to purchase and fined if we don't, written by a committee whose chairman says he doesn't understand it, passed by a Congress that hasn't read it but exempts themselves from it, to be signed by a president who smokes, with funding administered by a treasury chief who didn't pay his taxes, to be overseen by a surgeon general who is obese, and financed by a country that's broke; administrated by people who want to emulate the worst aspects of socialized medicine programs in other countries (e.g. rationing and death panels)

What the hell could possibly go wrong?

[thesearethetimes...]

BUMP

[Blue Turtle]

Post of the day...

[freespirited]

Yup. Linda McMahon needs to run with this.

[melancholy]

I second that!

Couldn’t be more to the point.

[TheThirdRuffian]

I own a company. 200 employees.

Our quoted renewal is 17.6% higher than it was last year.

I am seriously considering switching to a Health Savings Account set up with a 2,500 first money deductible, where I (the company) contributes the first $500 and then there is a hole.

[ken in texas]

Yup. Most people don't pay attention to anything other than what comes out of their pocket today and they want to visit a doctor for free (maybe $5.00). The upcharges are amazing.

Some years back I had to have a MRI. While waiting I overheard a call taken by the receptionist. She told the caller that the MRI was $1800, then said "Oh, you don't have insurance? In that case we charge $700."

You guessed it -- they billed my insurance company $1800, and the negotiated rate turned out to be $700.

[dancusa]

A 20% increase in health insurance ought to make CT voters even more angry at the Democrats who passed ObamaCare to reduce health costs!!!!!!!

Dick "face" Blumenthal will go after big insurance and sue them. This will cause a 40% increase.

The road to "good intentions" is a one way route to hell.

[sonofagun]

I own a company. 200 employees.

I understand that as of 23 Sept 2010 that you will be required to cover your employees children up to 26 years of age regardless of the childrens' marital status, school status or employment status.

The only provision I am aware of is that the children must not be eligible to purchase insurance through their employer.

[TheThirdRuffian]

Yes, and my lawyer tells me it’s not discriminatory to not hire people if they have kids.

[Old North State]

What is a 10k deduc?
A medical insurance policy with a $10,000 deductable clause. The policy holder is responsible for the first $10,000 of medical costs before the policy begins to pay out. Such policies are often called catastrophic coverage policies because they leave the holder responsible for all medical expenses except in catastrophic events ( i. e, those costing more than $10,000, which is tautological but true for most of us.?
It is,in other words, medical insurance not health care coverage which are actually two different things.