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Ohio: Proof that Obamacare ‘Rate Shock’ Is Real
Wall St. Cheat Sheet ^ | June 11, 2013 | Meghan Foley

Posted on 06/11/2013 1:08:17 PM PDT by grundle

The so-called rate shock from Obamacare has hit Ohio. The state’s Department of Insurance announced last Thursday that, based on rates submitted by insurers to date, it estimates the average individual-market health insurance premium in 2014 will cost approximately $420, “representing an increase of 88 percent” compared to 2013.“We have warned of these increases,” said Lt. Gov. Mary Taylor in the accompanying press release. “Consumers will have fewer choices and pay much higher premiums for their health insurance starting in 2014.”

There are two main drivers for this increase: risk pool composition changes will require the young to subsidize the old and the healthy to subsidize the sick; and Obamacare’s expansion of insurance benefits, particularly its required reductions in deductibles and co-pays.

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


TOPICS: Miscellaneous; US: Ohio
KEYWORDS: abortion; deathpanels; obamacare; ohio; zerocare
Here are 185 examples of Barack Obama’s lying, lawbreaking, corruption, cronyism, etc.

24) Lied about the cost of Obamacare

Before Obamacare was passed, Obama promised

“I will not sign a plan that adds one dime to our deficits – either now or in the future. I will not sign it if it adds one dime to the deficit, now or in the future, period. And to prove that I’m serious, there will be a provision in this plan that requires us to come forward with more spending cuts if the savings we promised don’t materialize.”

However, after Obama signed it, the Washington Post reported that it would add more than $340 billion to the budget deficit over the next decade.

In March 2012, the Congressional Budget Office said that over the next decade, Obamacare would cost twice as much as what Obama had promised.

In May 2013, it was reported that Obamacare’s program for high risk patients was more expensive than what Obama had promised.

1 posted on 06/11/2013 1:08:17 PM PDT by grundle
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To: grundle

Civil war will erupt the day the first IRS liens take place for our inability to pay 20K a year per family for ObamaCare.


2 posted on 06/11/2013 1:16:19 PM PDT by NoLibZone (None here can be puzzled by why Jews walked into the cars so quietly- we are walking up the planks.)
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To: grundle
Screw the people of Ohio.

People like me tried to warn them. People like me tried to explain.

And we were called "racists" and "Homophobes". We were shouted down with all kinds of cutesy left wing buzz words and phrases.

Now all I can say to the people of Ohio is PAY YOUR TAXES.

You voted for it.
3 posted on 06/11/2013 1:16:29 PM PDT by Tzimisce (The American Revolution began when the British attempted to disarm the Colonists.)
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To: grundle

And what you posted of the lies about the costs are only half of the fiscal problem. As part of the effort to make the phoney-baloney numbers add up, the government nationalized the student-loan industry. The “rate increase” that will go to 6.8% is intended to fund 0bamacare. Now they don’t want to impose the rate increase.

Nobody is talking about what effect that will have on 0bamacare and it’s fiscal impact.

To use one of my favorite metaphors: This regime isn’t a fiscal train wreck, it’s a B 17 raid on the rail yard.


4 posted on 06/11/2013 1:16:55 PM PDT by henkster (The 0bama regime isn't train wreck, it's a B 17 raid on the rail yard.)
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To: grundle

Minnesota has the rates.. They won’t share them till October.


5 posted on 06/11/2013 1:20:30 PM PDT by cableguymn (The founding fathers would be shooting by now..)
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To: Tzimisce
Screw the people of Ohio.

Screw you too.
6 posted on 06/11/2013 1:36:13 PM PDT by mmichaels1970
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To: Tzimisce

Dead on!

An yet ALL of the Stupid people everywhere will blame the Insurance Companies and Capitalism , and never in a million years accept that it was Demoncrats and Obama, Mark my words, I am seeing it already.

But then thats what the commies want. Quicker to single payer that way.


7 posted on 06/11/2013 1:36:57 PM PDT by DanielRedfoot
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To: Tzimisce

If only the detrimental effects of liberal policies would only fall on the liberals who wanted them in the first place...

And the only way to do that is with strict state sovereignty.


8 posted on 06/11/2013 1:38:22 PM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: grundle

Citizen Reponsibilities - 101


9 posted on 06/11/2013 1:42:43 PM PDT by Iron Munro (Obama-Ville - Land of The Freebies, Home of the Enslaved)
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To: NoLibZone

No it won’t. If what we’ve learned about the spying didn’t cause an uproar, a few IRS liens won’t make a ripple.


10 posted on 06/11/2013 1:46:03 PM PDT by VerySadAmerican
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To: VerySadAmerican

There’s an uproar ~ but you’re posting on FR where we actually try to discuss these issues somewhat dispassionately.


11 posted on 06/11/2013 1:48:13 PM PDT by muawiyah (Git yer Red STATE Arm Bands here - $29.95 - NOT SOLD IN STORES - TAX FREE)
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To: mmichaels1970

Go back to DailyKos troll.


12 posted on 06/11/2013 1:53:12 PM PDT by Tzimisce (The American Revolution began when the British attempted to disarm the Colonists.)
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To: MrB

The left always carefully exempts itself from their own laws.


13 posted on 06/11/2013 1:54:08 PM PDT by Tzimisce (The American Revolution began when the British attempted to disarm the Colonists.)
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To: Tzimisce
Go back to DailyKos troll.

There are going to be thousands upon thousands of patriotic, conservative Ohioans that will be crushed financially when this occurs. You think they weren't listening?

There were many Ohioans screaming from the same mountaintops about this, only to watch that pinko commie scum win out in the end....not once, but twice.

There were lots of Ohioans working the phones, watching the polls, and canvasing the streets to do whatever they could to prevent this.

In the end, communism won. I wish all of the communists everything they deserve. I wish them all of the pain and hardship their vote has wrought.

But for those Ohioans who fought the good fight only to come out on the losing end, I wish them and their families the best of luck and hope that they can persevere through our country's inevitable demise.
14 posted on 06/11/2013 2:10:10 PM PDT by mmichaels1970
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To: grundle; socialismisinsidious; bamahead; Travis McGee; LibertyRocks; Ravi; sheik yerbouty; ml/nj; ..
Nothing shocking or unexpected in any of this. The major thrust of Obamacare is to cause the masses to get teed off at the private medical insurance market (what remains of it), so teed off that Zero and his fellow socialists will be able amp up the rhetoric of hatred against the private sector so that single payer, one size fits all national health care - as in Canada - will become more than acceptable to a dumbed down majority!!!

Apparently these airheads have never noticed the flow of Canadians into the US for medical services difficult or impossible to obtain under the Canadian system.

15 posted on 06/11/2013 2:47:46 PM PDT by justiceseeker93
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To: justiceseeker93

The whole plan was for the single-payer, two-tiered system. It’s all run by the government, but there are the “preferred” providers for the nomenklatura, and then third-world class care for the peons.


16 posted on 06/11/2013 3:09:30 PM PDT by henkster (The 0bama regime isn't a train wreck, it's a B 17 raid on the rail yard.)
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To: justiceseeker93
Just notice who the Teachers unions are blaming for increased premiums....... ~ uh ~ most of them are immune from those increases so that's not really an issue with them. Because of that they don't have any interest in pushing single payer.

On the other hand, EVERYBODY ELSE will blame OBAMAKKKARE ~ because the Democrats made a big deal out of it.

17 posted on 06/11/2013 3:15:58 PM PDT by muawiyah (Git yer Red STATE Arm Bands here - $29.95 - NOT SOLD IN STORES - TAX FREE)
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To: grundle
let us never forget that it was the press that helped him do it..!!!

so when it comes time to "hang'em high", lets make sure we get'em all..!!

18 posted on 06/11/2013 3:26:50 PM PDT by unread
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To: grundle

That’s a HUGH development! wow, just wow!

88%

we may get hit with minimum 30 % property taxexs too.. OH
Nooooozzzz..

paging Earth shuttle — time to find a cheaper planet


19 posted on 06/11/2013 3:27:15 PM PDT by NormsRevenge (Semper Fi --)
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To: grundle

How does one become an illegal alien?


20 posted on 06/11/2013 3:32:53 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: henkster
It’s all run by the government, but there are the “preferred” providers for the nomenklatura, and then third-world class care for the peons.

It usually works out pretty much that way in the nationalized medical care systems. In Canada, though, I've heard of even political bigwigs there coming into the US for care they thought was better than their socialized system could provide them.

21 posted on 06/11/2013 3:44:44 PM PDT by justiceseeker93
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To: NormsRevenge

Are the recipients of zerocare Waivers, is that data gettable via the FOIA? The ones VJ was talking to, the ‘friends’ of zero?


22 posted on 06/11/2013 3:48:24 PM PDT by txhurl (RNC 'voter suppression': attempting to limit each voter to ONE vote!)
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To: grundle

Gov. Kasich, another spineless pubbie elected to tick with Obamacare. RINOS are no better than RATS.


23 posted on 06/11/2013 3:57:37 PM PDT by kenmcg (scapegoat)
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To: grundle

Government has no incentive to control costs. Quite the opposite. The more they can increase costs, the more they can demand from their subjects.


24 posted on 06/11/2013 4:28:25 PM PDT by E. Pluribus Unum ("Forget it, Jake. It's Eric Holder's people.")
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To: grundle

The Unaffordable Democrat Govt Act is the best thing that ever happened. It will prove once and for all that Democrats running things are dangerous to a brain dead public.


25 posted on 06/11/2013 4:30:51 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: justiceseeker93; AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; ...

Thanks justiceseeker93.


26 posted on 06/11/2013 5:37:55 PM PDT by SunkenCiv (McCain or Romney would have been worse, if you're a dumb ass.)
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To: NoLibZone

20K a year.

I make 7.


27 posted on 06/11/2013 5:56:39 PM PDT by left that other site (You Shall Know the Truth, and the Truth Shall Set You Free...John 8:32)
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To: grundle
There are two main drivers for this increase: risk pool composition changes will require the young to subsidize the old and the healthy to subsidize the sick; and Obamacare’s expansion of insurance benefits, particularly its required reductions in deductibles and co-pays.

Those premiums paid by young people will drop into the 'lock-box' and be pulled out the next second to pay for liberals' give-a-way programs. None of the money will be put aside for their health care.

28 posted on 06/11/2013 7:14:41 PM PDT by GOPJ (The more we do to you, the less you seem to believe we are doing it - Josef Mengele (new NSA motto))
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To: central_va; All
The Unaffordable Democrat Govt Act...

That's certainly a more accurate title than "Affordable Care Act." They are adding insult to injury by giving this abomination the name they gave it!!!

29 posted on 06/12/2013 7:28:08 AM PDT by justiceseeker93
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To: cableguymn

Rate Shock: In California, Obamacare To Increase Individual Health Insurance Premiums By 64-146%

http://www.forbes.com/sites/theapothecary/2013/05/30/rate-shock-in-california-obamacare-to-increase-individual-insurance-premiums-by-64-146/

whatever they are, they’ll be..
“Unexpected” !


30 posted on 06/12/2013 10:19:05 AM PDT by TurboZamboni (Marx smelled bad & lived with his parents most his life.)
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To: mmichaels1970
There are going to be thousands upon thousands of patriotic, conservative Ohioans that will be crushed financially when this occurs. You think they weren't listening?

Where the HELL were they in the last election??????!!!!!

But don't worry: this will just effect Ohio. /sarc
31 posted on 06/12/2013 4:55:49 PM PDT by Tzimisce (The American Revolution began when the British attempted to disarm the Colonists.)
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