Skip to comments.Florida’s Biggest Obamacare Insurer Hiking Premiums Over 17 Percent
Posted on 08/01/2014 3:03:02 PM PDT by Oldeconomybuyer
Floridas largest Obamacare exchange health insurer is boosting its premiums by 17.6 percent, a staggering increase for hundreds of thousands of Floridians.
Florida Blue, the Blue Cross Blue Shield insurer in Florida, has the largest market share of any insurer operating on the states Obamacare exchange. The company cited higher health costs than expected due to an older customer base which is using more health services than theyd prepared for, according to Kaiser Health News.
Patrick Geraghty, Florida Blues CEO, had previously warned that the company was under tremendous financial pressure and that theyd be seeking significant hikes.
(Excerpt) Read more at dailycaller.com ...
In the end, they will lose their doctors,
and then their care. They will die of curable
diseases, courtesy of ObamaCARE and RomneyCARE
and the EXEMPT Congress.
Haaaaaaaaaaaaa! Ha! Ha! Ha! [gasp] Haaaaaaaaaaaaaa!
All you Obama voters in Florida—and ones who didn’t vote because of Mitt Ronmeys Dog or that he’s a Mormon, I hope your happy. Remember how Mitt said would have ended Obamacare his first day in office? i hope your really happy to die without insurance. Only people who will prosper with this is the Funeral industry people and cemeteries. I hope you taped all of the Obama TV spots so they can comfort you as you breath your last to incurable TB, Bird Flu, or Ebola. Viotes and Non-vote can cause things—sometimes really bad things.
That's why they called it the Affordable Health Care Act. They called it that, not because it would be less expensive but to dupe you into letting your representatives pass it. It's not about you. Socialism will never be about you. Government greed and self interest WAY bypasses any greed and self interest in free enterprise PLUS government has a nice surprise free enterprise doesn't: it FORCES you to COMPLY.
So, ripping off the lying mask and guise of "hope and change and believe", you've got the hopeless downward change of socialism which never accomplishes its stated intentions and simply grows a $4 trillion useless, wasteful, and threatening bloated government at your expense, blocking wealth creation and instead creating poverty and misery.
Obama, you can take you freaking hopeless change and shove it.
Well slap me on the side of the head, Florida? The retirement capital of the USA has higher costs due to the old folks, never saw it coming. Of course that is the excuse for Florida. Next week it will be Wyoming due to Cowboys getting injured during the round up. Then Hawaii due to slip disks from lifting the suckling pig out of the ground at the luau..................................
FAIL ODUNGA FAIL
My health insurance is a high deductible plan and it went up $2400 for next year and the deductible went up $1000.
Unlike the libs at work that supported Obamacare, I new this was coming. Even when told point blank that the reason for the increase was Obamacare, they claimed it was a lie. Obamacare was still great because it slowed the rate of the increase that would have naturally happened. I asked one guy if his mother ever dropped him on his head as a baby. I got a really dirty look but oddly, I didn’t care.
Well, Gov. Rick Scott, Republican, caved and put in the state exchange after initially rejecting it. He will probably be voted out after this whopping premium increase, a fitting end for a compromiser.
Thanks Dutch. I needed a laugh. :}
If only someone could have seen this coming.
My wife coined a phrase years ago....”conscious denial”. Basically it’s lying to yourself. That’s what all liberals do.
Maybe I’m not thinking far enough ahead, but where are the lawyers in all of this? They have a powerful lobby but I think they would be showing their cards by now when they realize that all of the people’s money going to medical doesn’t leave much for them.
They’ll see the entire medical industry incomes nose dive along with the standard of care in the next decade or sooner.
Soon, only the wealthy and government employees with the remaining good health insurance/benefits will be unaffected.
Not too many years from now, when most all the past generation who are now in their late 70s and 80, will be dead. They will be the last generation to have good heath insurance benefits, retirements benefits etc. When they are all gone, watch for things like big pharma to nose dive into the ground as well...
No way those in their 20s, 30, 40, and 50s/60s today, will be able to afford all that super expensive daily medications/treatments as the past generation are currently consuming...no way....
Bet the rent..
LOOK FOR THIS TO TURN FLORIDA INTO A RED STATE. This is THE big insurer in the state. Letters will go out about October....Just in time for the election.
Lots of seniors here with BCBS Medicare Advantage.
17% will hurt, but I doubt that it is enough to destroy this terrible law. We have to trust the Supreme Court to restore the rule of law. Time to pray.
and all the while, pay ever-increasing deductibles and premiums.
You want a democrat to take his place? Are you putting me on?
I agree. Even when faced with the truth, libs will deny it to the end.
It’ll go 200-300%.
What do you think will happen when they have to cover all the uninsured “pre-exixting” hepatitis/AIDS packers?