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Health Care Premiums Soar as Coverage Shrinks
NY Slimes ^ | 4 March 2011 | Robert Pear

Posted on 03/04/2011 6:36:16 PM PST by SkyPilot

MANCHESTER, N.H. — Workers at a circuit-board factory here just saw their health insurance premiums rise 20 percent. At Buddy Zaremba’s print shop nearby, the increase was 37 percent. And for engineers at the Woodland Design Group, they rose 43 percent.

The new federal health care law may eventually “bend the cost curve” downward, as proponents argue. But for now, at many workplaces here, the rising cost of health care is prompting insurance premiums to skyrocket while coverage is shrinking.

As Congress continues to debate the new health care law, health insurance costs are still rising, particularly for small businesses. Republicans are seizing on the trend as evidence that the new law includes expensive features that are driving up premiums. But the insurance industry says premiums are rising primarily because of the underlying cost of care and a growing demand for it.

(Excerpt) Read more at nytimes.com ...


TOPICS: Business/Economy; Extended News; Government; News/Current Events
KEYWORDS: 0bamasfault; costs; obamacare; obamasfault; premiums
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To: Will88
This entire thing is a fiasco that needs to be repealed or weakened to the extent that it can't be made operational.

That's funny, because that exactly what Obama said about America!

21 posted on 03/04/2011 7:47:00 PM PST by ClearCase_guy
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To: ProtectOurFreedom

Grievous damage to do to what threatens to no longer be the best medical care system in the world, and for what in exchange? It would be better to have out-and-out welfare for health care for the poor than to try to embrace the whole thing in the slimy paws of Obamacare.


22 posted on 03/04/2011 7:47:24 PM PST by HiTech RedNeck (Hawk)
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To: ClearCase_guy

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I am not sure what these comments were, but I probably agree with them.


23 posted on 03/04/2011 7:48:21 PM PST by Red in Blue PA (islam- It's a religion of peace (0.0000000000000000001% of the time))
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To: Red in Blue PA

‘tweren’t me!


24 posted on 03/04/2011 7:49:25 PM PST by ClearCase_guy
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To: ClearCase_guy

....conservatives told everyone this would happen before Obamacare was passed.

The problem is libs (including the Slimes) will never once blame Obamacare for the high rates/poor service.


25 posted on 03/04/2011 8:17:18 PM PST by Tzimisce (Never forget that the American Revolution began when the British tried to disarm the colonists.)
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To: Tzimisce

Not only that, but they will use these increased costs as an excuse to defend Obamacare. They will say it proves that we need government to take over in order to save money, never mind that government involvement in anything just makes things worse.

Years ago, Ted Kennedy (who has been sober now for over a year and a half!) stated that the liberals’ intention was to take small steps to increase government’s role in health care in order to screw things up so much that people would resign themselves to a British style national health care system. We are almost there now.


26 posted on 03/04/2011 10:20:44 PM PST by Pining_4_TX
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To: Pining_4_TX
Not only that, but they will use these increased costs as an excuse to defend Obamacare. They will say it proves that we need government to take over in order to save money, never mind that government involvement in anything just makes things worse.

Years ago, Ted Kennedy (who has been sober now for over a year and a half!) stated that the liberals’ intention was to take small steps to increase government’s role in health care in order to screw things up so much that people would resign themselves to a British style national health care system. We are almost there now.


Let no crisis go to waste.

Didn't Rahm say that?
27 posted on 03/04/2011 10:26:56 PM PST by Tzimisce (Never forget that the American Revolution began when the British tried to disarm the colonists.)
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To: ClearCase_guy

This is all part of the plan...create the conditions that make the current system (private insurance) unaffordable so the people start clamoring for a fix. Then step in with the solution...one payer system and now you have a truly nationalized system. Once the people find out they’ve been suckered (crushing tax burden, inefficient rationed health care), it’s too late to do anything about it. Typical progressive strategy.


28 posted on 03/04/2011 10:37:33 PM PST by AlaskaErik (I served and protected my country for 31 years. Progressives spent that time trying to destroy it.)
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