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Insurance premium increases shock Charlotte consumers
The Charlotte Observer ^ | 10-6-13 | Karen Garloch

Posted on 10/06/2013 11:12:29 AM PDT by sheikdetailfeather

Across North Carolina, thousands of people have been shocked in recent weeks to find out their health insurance plans will be canceled at the end of the year – and premiums for comparable coverage could increase sharply.

One of them is George Schwab of Charlotte, who pays $228 a month for his family’s $10,000 deductible plan from Blue Cross and Blue Shield of North Carolina.

In a Sept. 23 letter, Blue Cross notified him that his current plan doesn’t meet benefit requirements outlined in the Affordable Care Act and suggested a comparable plan for $1,208 a month – $980 more than he now pays.

“I’m 62 and retired,” Schwab said. “This creates a tremendous financial burden for our family.

“The President told the American people numerous times that… ‘If you like your coverage, you can keep it,’” Schwab said. “How can we keep it if it has been eliminated? How can we keep it if the premium has been increased 430 percent in one year?”

Schwab and others who purchase insurance individually, and not through employer-sponsored group plans, are finding that the Affordable Care Act may be unaffordable for their families.

The new law, which rolled out to consumers this week with the opening of the online insurance marketplace, requires most Americans to buy insurance or pay a fine. It also sets minimum standards for health benefits and prohibits insurers from excluding or charging higher premiums for people who have pre-existing medical conditions.

“There’s good and bad in the law,” said Chris Blount, a Blue Cross agent wth Piedmont Benefits Group in Charlotte. “I think it’s bad that we can’t have as many choices as we’ve had before. But it’s not like you’re having to pay more and getting less. You’re having to pay more, and you’re getting more.”

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


TOPICS: Crime/Corruption; News/Current Events; Politics/Elections; US: North Carolina
KEYWORDS: 0carenightmare; increases; insurance; nc; northcarolina; obamacare; obamacarepremiums; obamascare; premium
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To: informavoracious
The ONLY fair solution is for every other hard working family out there to have to file bankruptcy too.

Did you ever watch crabs in a crab pot? If one manages to climb up to the exit and start to leave, others will grab him and pull on him. They will pull him back into the bowels of the trap. If he holds on hard enough, they will pull him until his claw comes off, still hanging on to the bars around the exit.


61 posted on 10/06/2013 4:30:53 PM PDT by gitmo ( If your theology doesn't become your biography it's useless.)
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To: duckman

The Elite Republicans, like Rove, shoved Romney down everyone’s throats, just like McCain.

I blame the Elite Repubs not the Repubs who stayed home.

They want who they want and they will destroy any candidate who dares to run against their pick.

Obamacare was passed in 2010 and Dems had majority in both houses. We lost majority with candidates who fell to the question regarding rape and Republicans don’t teach their candidates how to answer it without shooting themselves in the foot.


62 posted on 10/06/2013 5:05:15 PM PDT by Engedi
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To: sheikdetailfeather

I thought 61 year old retired people got it nearly free?

Or so says a so-called Republican that loves obamacare that the media has been parading out in public


63 posted on 10/06/2013 5:52:07 PM PDT by Mr. K (Lies, Damned Lies, Statistics, and then Democrat Talking Points.)
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To: what's up

“Romney did not invent Federalized health care. He signed a state bill that MA voters wanted.”

Obama didn’t write the Affordable Care Act, either; Repubs should be using this to attack everyone in the House & Senate that supported it (since Obama isn’t running for re-election). Hopefully these horror stories spread far & wide by the mid-term elections; they may help end some careers.


64 posted on 10/06/2013 7:37:26 PM PDT by kearnyirish2 (Affirmative action is economic war against white males (and therefore white families).)
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To: Regulator

“We have to pass the law so we can see what’s in it...” - Nancy “Scarecrow” Pelosi

The fact that she was given a pass on that comment was a real indication that this country was doomed.


65 posted on 10/06/2013 7:44:19 PM PDT by kearnyirish2 (Affirmative action is economic war against white males (and therefore white families).)
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To: B4Ranch

“No, for just $1000 more per month, this 62 year old retired man is paying for some parasite who has never held a job in her life, can now enjoy the benefits of maternity coverage.”

True. Plus her multiple children will cost the taxpayers over a million dollars to support to adulthood when they will vote for Democrat politicians who promise even more benefits.


66 posted on 10/07/2013 3:08:51 AM PDT by Soul of the South (Yesterday is gone. Today will be what we make of it.)
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To: NELSON111

“Or are you one of them....”

I thought it was better to vote than stay home. Even if I had to hold my nose while voting for Romney.


67 posted on 10/07/2013 3:37:45 AM PDT by duckman (I'm part of the group pulling the wagon!)
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