Posted on 06/18/2013 3:43:41 PM PDT by Nachum
The success or failure of the expansion of health-care coverage to most Americans will hinge on the state exchanges’ ability to provide affordable individual insurance rates. Unfortunately, some signs already suggest that this may not happen, at least for some people. While some Americans (mostly older and sicker) will benefit from lower rates, others (mostly younger and healthy) will see their rates go up significantly, even after counting federal subsidies. What this could mean is that some of them will choose to pay the individual-mandate penalty rather than get coverage. What happens in California is important, because some 5 million people, many of them lower-income and the uninsured, will be eligible for a state-run exchange next year. But so far, the signs aren’t good. The Los Angeles Times reports:
In California’s new state-run health insurance market, Kaiser Permanente will cost you.
The healthcare giant has the highest rates in Southern California and some other areas of the state, surpassing rivals such as Anthem Blue Cross and other smaller competitors. The relatively high premiums from such a strong supporter of the federal healthcare law surprised industry analysts, and it has sparked considerable debate about the company’s motives. . . .
In one key barometer of rates, Kaiser has the most expensive premiums for a 40-year-old in Los Angeles, Orange, San Bernardino and Riverside counties for a mid-level Silver plan. Statewide, the nonprofit company has the highest or second-highest premiums for a Silver plan in 12 of the 18 regions where it’s selling HMO policies in Covered California, the state market that opens for enrollment Oct. 1.
Kaiser’s Silver plan premium for a 40-year-old in southern Los Angeles County is $325 per month, 34% higher than the cheapest policy in the area, from Health Net Inc., at $242.
(Excerpt) Read more at nationalreview.com ...
The list, Ping
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Obamacare is going to be such a train wreck. My goodness.
Elections have consequences, liberal numbnuts.
Kaiser is a unionized medical mill...
It’s just disgusting.
When ya get their paperwork jammed into your mailbox demanding money you don’t have, just write “F OFF” and send it back.
marker
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