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Obamacare shock: College insurance prices soar
The Examiner ^ | 8/29/2012 | Paul Bedard

Posted on 09/10/2012 3:36:03 AM PDT by tobyhill

The future frightening payoffs of college loans are taking a backseat to the immediate and soaring costs of health insurance students are getting slapped with as they return to school this fall, all thanks to Obamacare.

Because of a rule in the Affordable Care Act that lifts caps on policy payoffs, the cheap insurance policies typically healthy students previously got are skyrocketing, some over 1,000 percent. The reason: Without payoff caps, insurance firms are boosting prices to cover their potential losses.

One example: a late July email to incoming students from Guilford College of Greensboro, N.C. revealed a jump from $668 to $1,179, a 75 percent jump. The reason stated: "Our student health insurance policy premium has been substantially increased due to changes required by federal regulations issued on March 16, 2012 under the Affordable Care Act."

The issue is brewing here in Tampa where students are pressuring political leaders to address it. "We're trying to make the conservative national leaders in Tampa focus on this issue," said Ron Meyer, spokesman for Young America's Foundation. "It's time for conservative leaders to start talking about Obamacare's hurt on college campuses."

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


TOPICS: Culture/Society; Front Page News; News/Current Events
KEYWORDS: 2012; healthcare; nobama2012; obama; obamacare; obamatruthfile

1 posted on 09/10/2012 3:36:07 AM PDT by tobyhill
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To: tobyhill

Bump


2 posted on 09/10/2012 3:38:59 AM PDT by lowbridge (Joe Biden: "Look, the Taliban per se is not our enemy.")
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To: tobyhill

unexpectently...


3 posted on 09/10/2012 3:39:33 AM PDT by Doogle ((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: tobyhill
This is so sweet ... and comical, too.

Sandra Fluke sure needs a lot of contraceptives, eh?

4 posted on 09/10/2012 3:39:35 AM PDT by Alberta's Child ("If you touch my junk, I'm gonna have you arrested.")
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To: tobyhill

Our company’s as well. Plainly stated in the premium increase notice that it’s because of the affordability act.

I’d be curious what posters are paying for insurance at work. We pay 30% of premiums. I’m thinking gov workers pay maybe 10%?


5 posted on 09/10/2012 3:43:40 AM PDT by gotribe
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To: tobyhill

AFFORDABLE !! Bwa-ha-ha-ha-ha-ha-ha! - The “Affordable” Care Act, or rather The Ongoing Enema. Relax and get used to it.


6 posted on 09/10/2012 4:02:00 AM PDT by Twinkie (In whose eyes a vile person is contemned. Ps. 15:4a)
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To: gotribe
I’m thinking gov workers pay maybe 10%?

If you mean fedgov employees (prefer not to use the word "workers"), the following should give you an answer. Rates vary by location, plan type, coverage level, but employee contributions seem to be no less than 30% and as high as 60%. These are not union jobs, by the way.

http://www.opm.gov/insure/health/rates/nonpostalhmo2012.pdf
http://www.opm.gov/insure/health/rates/nonpostalffs2012.pdf

7 posted on 09/10/2012 4:06:13 AM PDT by Fresh Wind ('People have got to know whether or not their president is a crook.' Richard M. Nixon)
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To: tobyhill
Not to worry. Koolaid will heal all your ills.

"It's time for conservative leaders to start talking about Obamacare's hurt on college campuses."

How about it is time students & faculty start talking. We conservatives have been warning about Obamacare since before it was passed - that premiums would increase & services decrease, & most college students poo-pooed these warnings. Now, if they don't like what Obamacare has done, they need to speak up, or shut up & pay up as Obama expects them to do.

8 posted on 09/10/2012 4:13:11 AM PDT by Mister Da (The mark of a wise man is not what he knows, but what he knows he doesn't know!)
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To: tobyhill

I’ve never understood this thing about college insurance costs. I went to college from age 18 to 22 and was covered by my parents’ insurance. I think it stopped after age 22.


9 posted on 09/10/2012 4:14:26 AM PDT by MachIV
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To: tobyhill

We also have more people uninsured than in 2007.


10 posted on 09/10/2012 4:16:23 AM PDT by csmusaret (I will give Obama credit for one thing- he is living proof that familiarity breeds contempt.)
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To: MachIV

Aren’t they insured under their parents now until 26?


11 posted on 09/10/2012 4:19:03 AM PDT by Venturer
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To: Mister Da

Exactly. When the warnings came from Conservatives, we were all called “racist Tea partying nutjobs”. Let us see what the reaction will be when criticism starts coming from within the so called “halls of academia”.


12 posted on 09/10/2012 4:20:28 AM PDT by corlorde (forWARD of the state)
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To: tobyhill
This is all part of Obama and the Dem's EVIL plan. Obamacare raises private insurance premiums so high people can't afford it, thus being force to take gov't insurance. This basically will force private insurance companies to close their doors.

Exactly stated by republicans as what would happen under Obamacare.

13 posted on 09/10/2012 4:29:15 AM PDT by sirchtruth (Freedom is not free.)
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To: tobyhill
Since Obama promised that his health care reform would make insurance less expensive, of course it actually made it more expensive. He lies about everything.

Over the weekend I stared this thread about Obama's lies, and now that it's Monday morning, here's a link for the people who may have missed it.

Here are 95 examples of Barack Obama’s lying, lawbreaking, corruption, and cronyism

14 posted on 09/10/2012 4:30:22 AM PDT by grundle
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To: Venturer

From what I’ve heard, under the upcoming Obamacare plan, that will be the case, age 26. I don’t know what kind of qualifying parameters exist such as student status, but generally speaking, age 26 will be the cut.


15 posted on 09/10/2012 4:35:54 AM PDT by MachIV
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To: sirchtruth
You nailed it!The true purpose of Obama care is to eliminate private insurance and force a demand to single payer insurance.
16 posted on 09/10/2012 4:51:20 AM PDT by bonehead4freedom
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To: tobyhill

The young get to pay for the elderly by raising their premiums. Don’t you love communism?

Pray for America


17 posted on 09/10/2012 5:00:22 AM PDT by bray (If you vote for a communist what does that make you?)
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To: tobyhill

Liberals will just blame everything on “greedy” insurance companies and start a congressional investigation into price gouging and/or simply pass a law restricting insurance companies from raising prices (sigh)

this will not end well.


18 posted on 09/10/2012 5:06:56 AM PDT by TexasFreeper2009 (Obama lied .. the economy died.)
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To: MachIV

Many colleges REQUIRE you to buy their insurance, regardless of whether you are covered by your parents or elsewhere.


19 posted on 09/10/2012 5:12:50 AM PDT by informavoracious (Abortions are unproductive wrongs, not reproductive rights.)
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To: TexasFreeper2009
But Bill Clinton said only 4% increase?

I saw Donald Trump and he said what we say if Romney doesn't attack Obama for this stuff he might as well quit

20 posted on 09/10/2012 5:13:16 AM PDT by scooby321 (AMS)
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To: scooby321

apparently Romney can only play hardball against conservatives :/

my optimism about this election is fading.


21 posted on 09/10/2012 5:17:08 AM PDT by TexasFreeper2009 (Obama lied .. the economy died.)
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To: TexasFreeper2009

How does Romney exPect us to fight for him when he wOnt even fFight for himsElf


22 posted on 09/10/2012 5:32:34 AM PDT by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: MachIV

There are tons of people who go to college later in life. Not everyone attends right after high school.


23 posted on 09/10/2012 5:33:21 AM PDT by ericsvibe
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To: tobyhill
"Our student health insurance policy premium has been substantially increased due to changes required by federal regulations issued on March 16, 2012 under the Affordable Care Act."

Even with this explicit statement, does anyone think the cost increase will influence the college vote?

Yo, pubbie campaign, another point to make hay with.

24 posted on 09/10/2012 5:37:30 AM PDT by CPOSharky (zero slogan: Expect less, pay more. (apologies to Target))
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To: MachIV
I’ve never understood this thing about college insurance costs.

I went back to college at age 29. I didn't get insurance. It wasn't required.

25 posted on 09/10/2012 5:53:36 AM PDT by MulberryDraw (That which cannot be paid, won't be paid.)
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To: GlockThe Vote

Romney seems intent on testing the theory that in troubled economic times the challenger just needs to assure voters that he is capable of taking the reigns and nothing else.

Well will see in a few weeks if that theory holds water.


26 posted on 09/10/2012 6:01:55 AM PDT by TexasFreeper2009 (Obama lied .. the economy died.)
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To: tobyhill

Wait...Didn’t the maximum age of a “student” remaining on mom and dad’s insurance get bumped up to 26 not too long ago? What’s the fuss?


27 posted on 09/10/2012 6:04:32 AM PDT by Michael Barnes (Obamaa+ Downgrade)
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To: gotribe
Depends on which gub'mnt workers. State and local are all over the place ~ sometimes they actually pay 100%, but it's against a group buy so it's cheaper than an individual policy.

Other places a union may have negotiated a deal where the gub'mnt pays 100% ~

With postal employees it's 10%. With other federal employees it's 28%.

Since health bennies are just part of the total compensation package the only real difference is how much federal personal income tax is going to be paid ~ with a lower government share, the tax will be imposed on the employees. With a higher government share the employees will pay less income tax.

I've often thought it exceedingly curious that we have Conservatives whose biggest goal in life is to raise government employee's percentage of direct payment of health care so they can pay more income taxes.

That's a tax increase folks. All that does is make them demand a higher salary! And, of course, you know where those gub'mnt salaries come from eh!

No you don't actually. Postal salaries come from postage. By offloading 90% of the health benefit segment of compensation to the USPS directly, it is NOT TAXED. That allows the company to negotiate a better deal with the unions, and thereby pass through the income tax savings to the mailers ~ that's you!

Slick deal!

28 posted on 09/10/2012 6:21:38 AM PDT by muawiyah
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To: Venturer

That would be correct....all can be covered under parents policy (and their carrier must accept them) regardless of education, work, if not insured at work, or marital status.

Everyone has been royally Fluked.


29 posted on 09/10/2012 6:21:47 AM PDT by Mouton (Voting is an opiate of the electorate. Nothing changes no matter who wins..)
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To: tobyhill

Romney certainly needs to attack Obama’s failure to correct deficiencies in the medical insurance market and to push for tort reform. However, arguing against the immediate rise in student medical insurance is kind of a cheap political point: It ignores the bigger issues of pricing of medical insurance in general. Pricing of insurance embeds a host of actuarial and arbitrary value assumptions. If you set insurance rates by the age of the insured for the upcoming year, then the premiums for young adults will be low and those for folks in their 60s and above will be astronomical. The market needs to come up with the equivalent of level term life insurance, where buying into a long term policy essentially spreads the risks and costs across a much longer period than a year. If folks decide to not pay insurance when they are young, then they must anticipate paying higher premiums when they need it later on.


30 posted on 09/10/2012 6:26:54 AM PDT by bjc (Check the data!!)
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To: tobyhill

I know of insurance agencies that haven’t been able to place an individual health policy in months.


31 posted on 09/10/2012 6:30:40 AM PDT by Mike Darancette (CREDO QUIA ABSURDUM)
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To: Alberta's Child

The irony of this is the law now says your child must be on your education until age 26 - normally past a college graduate so not sure who this will affect other then masters programs.

We got the letter for our daughter saying if we did not prove she was covered by insurance they would tack on 1,300 to her tuition. Went on line with the insurance the family has and saved that. Course I pay for it anyway so they are just looking at more revenue streams.


32 posted on 09/10/2012 6:52:13 AM PDT by edcoil (It is not over until I win.)
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To: Alberta's Child

The irony of this is the law now says your child must be on your education until age 26 - normally past a college graduate so not sure who this will affect other then masters programs.

We got the letter for our daughter saying if we did not prove she was covered by insurance they would tack on 1,300 to her tuition. Went on line with the insurance the family has and saved that. Course I pay for it anyway so they are just looking at more revenue streams.


33 posted on 09/10/2012 7:21:13 AM PDT by edcoil (It is not over until I win.)
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To: edcoil

It impacts people who do not have other health insurance or cannot add their children because of price or other issues. School insurance was a life saver for me as a single Mom.


34 posted on 09/10/2012 7:21:13 AM PDT by Roses0508
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To: MachIV
I’ve never understood this thing about college insurance costs. I went to college from age 18 to 22 and was covered by my parents’ insurance. I think it stopped after age 22.

Well, a lot of "kids" aged 30 and above are still "students"......they might be part Cherokee too.

FMCDH(BITS)

35 posted on 09/10/2012 7:58:00 AM PDT by nothingnew (I fear for my Republic due to marxist influence in our government. Open eyes/see)
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To: gotribe

I work for the Fed. My bi-weekly premium is approx. 25% of the basic plan’s cost.


36 posted on 09/10/2012 8:54:32 AM PDT by Java4Jay (The evils of government are directly proportional to the tolerance of the people.)
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To: informavoracious

Interesting. I went to a private college in the late 80s. The issue never came up.


37 posted on 09/10/2012 9:34:24 AM PDT by MachIV
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To: MachIV

It’s a racket. I understand they need to spread the cost but it’s unfair that you can’t opt out. When I went it was about $120 a year at a state school as a “Health Services Fee” that you paid along with your tuition and other fees. It’s 10-20x that now. Gotta pay for those “free” condoms.


38 posted on 09/10/2012 10:50:14 AM PDT by informavoracious (Abortions are unproductive wrongs, not reproductive rights.)
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To: bonehead4freedom; sirchtruth

No - the ultimate goal is government health care. And easy enough to do with gov’t insurance. Only paying the doctors for the procedures and to whom the gov’t wants.


39 posted on 09/10/2012 10:57:28 AM PDT by 21twelve (So I [God] gave them over to their stubborn hearts to follow their own devices. Psalm 81:12)
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To: MachIV

What if your parents are dead....or even unemployed and therefore, uninsured?

There are probably far more college students that are unable to get coverage under their parents’ policies, for one reason or another, than there are that can. And these are the people Obama is counting on to help vote him back into office....lol!


40 posted on 09/10/2012 12:25:54 PM PDT by XenaLee (The only good commie is a dead commie.)
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To: Venturer
sure but the problem is most of them will be considered Out of Network, for everything, where they goto school...
41 posted on 09/10/2012 3:02:57 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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