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Obamacare Could Double Health Care Premiums: Aetna CEO
CNBC ^ | 12/26/12 | Justin Menza

Posted on 12/26/2012 3:15:06 PM PST by jimbo123

To provide all Americans with health insurance, premiums will have to rise to pay for it, Aetna CEO Mark Bertolini told CNBC's "Closing Bell" on Wednesday.

"If we're going to insure all Americans, which is a worthy and appropriate cause, then somebody has to pay for it," Bertolini said of the expected premium increases under Obamacare.

Bertolini said that insurance premiums could double in some places just on the basis of what types of policies people buy today.

He also said that when Obamacare is fully implemented, it won't start the way people had hoped and it won't be cheaper.

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


TOPICS: News/Current Events
KEYWORDS: deathpanels; obamacare
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1 posted on 12/26/2012 3:15:10 PM PST by jimbo123
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To: jimbo123
It is good to be old...

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2 posted on 12/26/2012 3:21:18 PM PST by gorush (History repeats itself because human nature is static)
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To: jimbo123

Gee, people are now starting to read it because they are finding out what is in it. Thank you Pugosi.


3 posted on 12/26/2012 3:22:04 PM PST by ProudFossil (" I never did give anyone hell. I just told the truth and they thought it was hell." Harry Truman)
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To: jimbo123
Obamacare Could Double Health Care Premiums

Oh, you mean there are "unintended consequences" of Socialism? You mean "The affordable Health Care Act" will actually turn out health care that is less affordable and less available? How could this be? They meant so well.

Well, for those of you who have been living under a rock for the past 100 years (apparently a lot of voters), government social and economic programs ALWAYS end up with results opposite of their stated intentions.

4 posted on 12/26/2012 3:24:41 PM PST by PapaNew
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To: jimbo123
The "Affordable Care Act" was never intended make health care "affordable," nor make it "more available." It was designed from the very beginning to make providing care more expensive and less available, in order to force all health care to be "provided" by the government. By increasing costs on both the consumer and the insurance companies, who will be forced to charge MUCH higher premiums, the idea being to eventually push the insurance companies out of business while directing people to demand "health care" from the government.

Mark

5 posted on 12/26/2012 3:25:03 PM PST by MarkL (Do I really look like a guy with a plan?)
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To: gorush

Wow Jolie had fishlips when she was 11, LOL


6 posted on 12/26/2012 3:28:28 PM PST by nascarnation (Baraq's economic policy: trickle up poverty)
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To: jimbo123

This can’t be true. I thought that Obamacare would SAVE costs and REDUCE the deficit?

Kidding.


7 posted on 12/26/2012 3:33:02 PM PST by garjog (Heroes Died. Obama Lied.)
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To: MarkL

In other words, the only solution for the disaster caused by AHCA, will be a single payer plan implemented by the government, for the common good, of course.
What a bunch of....


8 posted on 12/26/2012 3:34:50 PM PST by griswold3 (Big Government does not tolerate rivals.)
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To: MarkL
By increasing costs on both the consumer and the insurance companies, who will be forced to charge MUCH higher premiums, the idea being to eventually push the insurance companies out of business while directing people to demand "health care" from the government.

That is the intended consequence, and socialists like Nancy Pelosi and Barack Hussein Obama think that the outcome will be a Cadillac health plan for everyone - and the mandatory equality between rich and poor throughout the United States that they dream of.

In a sense they're right. Everyone will have a Government Motors health plan that does less than today's emergency room visits do for those without insurance. More of us will be poor. And the rich? The wealthy will count on health tourism, traveling to a country that permits doctors to charge what the best possible care is worth, a country that will attract the best physicians and provide the best medical care in the world. The United States used to be that country, but within a decade we'll have something at the level of the British NHS complete with formal death panels and informal death by neglect. Everyone will lose under ObamaCare - no winners at all if that monstrosity is fully implemented. And then we can replace it with something even worse!

9 posted on 12/26/2012 3:37:33 PM PST by Pollster1 (Freedom is never more than one generation away from extinction. - Ronald Reagan)
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To: jimbo123

If the Aetna CEO is telling the truth then 0bama and Pelosi are liars. Who should I believe? 0bama said “If you like the plan you have you can keep it.” What if you and your employer can no longer afford it?


10 posted on 12/26/2012 3:38:59 PM PST by forgotten man (forgotten man)
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To: garjog

Obviously you’re kidding. Everyone knows that it will be FREE health care once it is in place.

(I wonder what percentage of people think that? I would guess at 30% or so).


11 posted on 12/26/2012 3:39:13 PM PST 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: jimbo123
No no, I specifically remember Generalissimo Ubama saying it would lower premiums and rates.

The Date must be faulty. Part the Republicans plan to push the country over the fiscal cliff/Lib speak

12 posted on 12/26/2012 3:41:53 PM PST by KC_Lion (Build the America you want to live in at your address, and keep looking up.-Sarah Palin)
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To: jimbo123

Why don’t we get a proposition in every state requiring all elected officials to be on the exact same health plan they force on their constituents. I bet we see some rapid changes then!


13 posted on 12/26/2012 3:44:51 PM PST by Mastador1
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To: jimbo123

My premiums have already doubled. It he saying they’re going to double again?


14 posted on 12/26/2012 3:48:00 PM PST by Fresh Wind (The last remnants of the Old Republic have been swept away.)
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To: Fresh Wind

I wonder what will happen after my COBRA term expires.

Any idea what the HIPAA rates tend towards?


15 posted on 12/26/2012 3:52:22 PM PST by RitchieAprile (the obstreperous gentleman..)
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To: PapaNew

If government actually solved problems then what would happen to all those lovely employees who sacrifice so much in the government employment?


16 posted on 12/26/2012 3:54:38 PM PST by pennyfarmer (Your socialist beat our liberal AGAIN.)
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To: jimbo123
. "So in the initial part of this program it will cost more to take care of people because they have been going without health care for so long."

Tom here- And when you start treating these ailments it will cost a lot more money.
I sense death panels for everybody to control costs.

17 posted on 12/26/2012 3:55:52 PM PST by Capt. Tom
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To: jimbo123

It is a tax increase which does nothing but collect more revenue. There is nothing to see in it but more taxes. It solves nothing. The ‘Rat party is a RICO entity.


18 posted on 12/26/2012 3:58:39 PM PST by VRWC For Truth (Roberts has perverted the Constitution)
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To: gorush

Who is the guy on the right in the third picture down, no identifying caption.

Sheesh, you have to be an Einstein on these pages sometimes.


19 posted on 12/26/2012 4:04:21 PM PST by Cyman
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To: jimbo123
To provide all Americans with health insurance, premiums will have to rise to pay for it

This confuses me. If you are on any type of welfare and will not work for a living, I thought this was free. Disability, the some 8 million, don't pay a cent. When you take this apart, it looks like damn near half of the Country don't pay a cent and the rest of us take it up the butt. Right or am I wrong.

20 posted on 12/26/2012 4:12:35 PM PST by Logical me
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