The droogs are coming back for another heaping helping of our nest eggs.
Posted on 05/22/2015 12:25:53 PM PDT by Jim Robinson
Health insurers on many state exchanges are requesting the right to increase premiums by upwards of 50%.
President Obama’s signature legislative achievement–the healthcare law popularly known as Obamacare–is facing a potentially existential fight in the Supreme Court in 2015.
But it’s not just the courts that supporters of the program need to worry about. According to a report published Friday in the The Wall Street Journal, health insurers are requesting the right in many states to increase premiums by upwards of 50%. Health Care Service Corp.–the leading health insurer in New Mexico, has asked state regulators to allow it to increase its premiums on average by 51.6%, for instance. Customers of CareFirst BlueCross BlueShield in Maryland may face an average premium increase of 30.4%.
Insurers will have to submit their premium-hike proposals to their state regulators, and potentially the federal government. Regulators will review the requests, and may deny the insurers requests if rising costs don’t justify premium increases. But big rate hikes could be necessary to prevent insurers from taking a loss...
(Excerpt) Read more at time.com ...
Of course it is...*blech*
The entire 0bama regime smells like Number Two.
So under Obama, 50% increases in premiums are considered to still be “a lot lower” than what people were paying before.
....
That smug mug in the picture is begging for a right cross. Just sayin’.
Its the plan. Its going to take single payer, government health care to solve the problem. It is exactly what obammy wanted all along.....
And boot production is up 45%.
Comrades are running around shoeless only because the weather is fine.
And the weather is fine because the Inner Party is battling climate change.
We give thanks to Comrade Obama for our new, happy lives!
Huzzah! Huzzah! Huzzah!
2500$ savings across the board.
We must pass it before we know what’s in it.
Why does America allow idiots to run the Nation?
(and yes, the dollar sign is where it belongs)
I laugh at the subhuman degenerates who supported this...criminal idiots.
“Health insurers on many state exchanges are requesting the right to increase premiums by upwards of 50%. “
I’m waiting for rates to drop by $2500....
“some jerk has to pay for the illegals and all the muzlim scum being brought into amerika by the douchebag in chief
AND THAT WOULD BE YOU MR AMERICAN WORKER TAXPAYER DONKEY FOOL.... giddyap...”
See my tagline - there’s the solution!
I love it, I love it, I love it. Let those who inflicted Obama on me suffer like I have because of what they did.
Amen!!!!!
It won’t just happen to the suckers on Obamacare. It will happen with every insurance policy that remains in compliance. We still have our group insurance from Presbyterian, and we have been paying for Obamacare since before it went into effect. Not only have our premiums skyrocketed, but so have our out of pocket expenses. Everyone is screwed by this bit of Fascism.
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