Skip to comments.OBAMASCARE: Huge premium hikes rock employer-insured workers
Posted on 12/17/2013 6:01:02 AM PST by Cincinatus' Wife
"....Already reeling from criticism over his flawed promise that people who like their health care plans will be able to keep them, Mr. Obama risks further erosion of his credibility if people believe his health care law is cutting into job-based plans they figured were safe...
(Excerpt) Read more at washingtontimes.com ...
Those of us who actually read the bill knew of this three years ago.
I can’t believe the insurance companies aren’t making sure their customers are aware of this fact. Were they threatened? (redundant question)
My employer goes July-to-June for health insurance, so we’re already locked in until next July, but having heard our HR folks talk in the break room, our very liberal company is about to be completely flabbergasted by the rate hikes next year.
They called me Chicken Little. I can’t wait for the apologies.
If the company is liberal, I’m sure they’ll be happy to load any increased costs on the employees and blame the insurance company.
I’m blessed to work for a large company based in Canada. They went ahead and implemented the changes this past January so our rates went up quite a bit in 2013. Because of that they only went up slightly this year, but I feel for those who aren’t as lucky. What a freaking mess! Problem in the majority of Obama voters won’t be affected as they are already on welfare or medicare or whatever. They don’t care what happens to those of us who actually pay into the system.
“Obamacare is the Law of the Land”
I think there is a billy making it illegal for insurance companies to reveal that cancellations and rate increases and higher max out of pocket are caused by democRatcare.
I have been with my company for five years. Our insurance rates have increased every year at a rate of about 15-20%. And every year our company has incurred these increases without affecting us employees.
Except THIS YEAR! This year our rates went up 47%! Our company still incurred the BULK of this increase, but I expect that the rates will continue to increase but the company will not be able to continually eat these without some employee layoffs and/or other measures!
You probably won't get one. Instead they'll tell you how the evil Republicans sabotaged everything. /s
Lord knows that seems to be their mentality...saving them from themselves..
My son in law works in the Boston area for the Dutch company ING, one of the largest companies in the world.
ING owns several Insurance companies amongst other things.
His rate went from $350/month to $750/month and his deductible went from $2,000 to $5,000. -Tom
It’s got to happen. There are millions of company-provided plans about to get the axe next year.
The Administration already has their list of people to blame.
Your post is one day late. Jay Carney has already started saying that exact thing.
I simply do not know how some people can absorb that cost, and go so meekly to the slaughter, he must have a hefty take home salary, but still
apparently Obama is deluded and thinks everyone except his peeps has a lot of extra money they don’t need
Good Lord! My company owns many insurance companies as well, but NOT HEALTH CARE related. Fire/Home/Auto/major marine/bail bonds, etc. What I have noticed is we are currently buying up many, small insurance companies and they are letting almost all of the workers go, but we get the extra work with no new employees. Not complaining though. I stay very, busy and have a job w/ good insurance. Good enough these days.
My auto insurer sells health insurance. When my employer-provided goes up, I quit, buy through my agent and get two hobby-jobs instead of one work-me-to-death job.
Auto insurance rates will likely also go up because part of the cost covers treatment for injuries.
The plans I am seeing are not only more expensive, the coverage has changed from traditional policies. The basic physical is covered up front, however if you have to see the doctor for any other reason, you must meet the deductible first before the doctor co pay applies. Same for drugs, you have to meet the deductible before co pays apply . When you add in the cost of insurance plus the deductible, most will pay 10 thousand or more before co pays and maximum out of pocket kicks in. Whoever dreamed up these plans must have been working with the Insurance companies, because they are gonna make a killing.
Drastic changes to off-calendar year plans are going to help keep the collapse of Obamacare in the public eye through 2014 and into the midterm elections.
"We're just doing what the White House tells us."
"We're just doing what the White House tells us."
Repeat over and over, as necessary.
My premiums are going up 33% next year and so are my deductibles. As an example, if I go to the ER today, I would pay a $150 co-pay if not admitted. Next year? $250 co-pay PLUS 20% of the total bill.
These deductibles and co-pays are going to cause far more bankruptcies than catastrophic events because being nailed by these exorbitant co-pays and deductibles is going to be a far more common experience.
Sadly, that /sarc tag isn't necessary...
They’re all saying, “See, Obamacare is in place, and there’s no change in our plans!”
I reply that we’re in an offset plan and locked into the pre-ACA rates. Next year will be different.
They just laugh it off.
Tsunami of pissed off voters coming.
Doubt you’ll see an apology.
What’s more likely is, they’ll blame YOU!
Get back to us on this, will you?
Watching Democrats in Congress over the next few months will be the most fun you’ll ever have with your pants on.
No, they were complicit. Higher prices and a bigger covered pool means more cash flow. More cash flow means more money to play with on the stock markets. That means more leverage and more profit.
This is what fascism looks like.
The insurance industry was one of the major promoters of Obamacare.
Obamacare promised to deliver customers to the insurance industry by force of law.
Insurance companies would not need to advertise, market, or sell insurance. The government would force people to buy their product.
The insurance industry is one of the villians in this nightmare.
What do you get when you combine Team Red with Team Blue?
Team Royal Purple...
Until The Cluebat cometh...
“I can’t believe the public at large is allowing this.”
I can. Surely you left off the “/s/” tag. The public at large is a mass of stupid sheep.
You're one of the lucky ones. Most are going up much more than that.
The WaPost's writer couldn't bring himself to call Obama's "flawed promise" what everyone over the age of 6 knows it actually was, a flat-out monstrous lie.
I don't believe most people understand the effect a deductable has.
You could probably get the best insurance coverage in the world for a mere $50/month................if you were willing to tke an $80,000/year deductable. - Tom
Yes. Yes we did.
Scary thing is that the Dems know it and have been preparing for years in case that happens.
I guess we’ll just have accept our side winning some for the wrong reasons. RINOs will clean up.
When do We The People refuse DeathCare?
Like Jimmy Carter's "incomplete success" when our rescue mission failed in Iran.
meanwhile the leftists will be pretend this is more “affordable”, lol
One of our younger relatives is an exec for a medium size company west of the Mississippi.
A few months ago, he had a meeting to discuss future wages / benefits with the union thug reps, who represent the skilled labor employees of the company.
He walked out of the meeting after a few minutes. Their first demand was total coverage of health insurance benefits after 2014 when their contracts ran out.
Besides that, they wanted overtime for anytime any work day that went over 8 hours. Now, they get overtime after a 40 hour work week or the option of paid time off for the overtime when that job is over re overtime needs. That often results in 4 day work weeks for many after their overtime. Their workers like that, and their union thug chiefs hate it.
He refused to discuss the above with them, and reminded them that demands like these have forced companies into non union work places.
And the remaining public which likes to talk a big game will do squat to stop this. Might as well rip the 1st and 2nd amendments from the constitution because they are useless right now.
John Boehner should be horsewhipped for undermining conservatives. He isn’t one one so he doesn’t care.
Lefties are trying to make the insurance companies and the employers the scapegoats
so their precious Marxist healthcare system isn’t blamed.