Can you imagine the total despair across the country at this premium increase news if Trump wasn’t in the race?
At least there’s ‘Hope for Change’.
NO! Who could of predicted this? Did anyone see it coming? /s
We are looking at raising the deductible to 10,000 till Donald straightens this mess out.
My employer is deeply involved in the health insurance industry. This week, I heard the health ins staff people going nuts about the projected increases they are expecting for this fall, or premiums to increase in the range of 35% for most insurers. I have no idea what that means for the co-pays and deductibles.
What happens when the insurance regulators say “No”, like they did in Mass. under RomneyCare??? Hmmm???
Continues the Obama lie that insurance costs will decrease $2,500.
“causing a quandary “
Yep, it sure does suck how reality keeps getting in the way of the utopian dream.
Very pleased that, thus far, the Feds have left Medicare alone.
I also blame, though, the healthcare providers (hospitals, ERs, etc.). They keep jacking up what they charge to obscene multiples of their actual costs, primarily in an attempt to get those who can pay to cover non-payment by those who can't (or won't). My contention is that this is idiotic and a losing proposition. Every time they increase charges to cover those who can't afford to pay, they inevitably cause even more to drop out of the paying group, which causes them to increase charges even further on those remaining, which causes more to stop paying, ad infinitum. Logically, that approach must eventually result in either one VERY rich person paying for everyone else, or total collapse of the system. A smarter approach would be to drastically REDUCE what they charge, resulting in more people being able to pay and thus not avoiding payment, and actually recovering more revenue in return.
It seems to me that the principles of the Laffer Curve apply to healthcare costs as well. Healthcare provider fees don't seem that they should work much differently from tax rates versus total revenues.
Today, the registration clerk at the hospital where I had a procedure volunteered that she hopes we elect “someone” who will repeal 0bamacare and replace it with something else that works. The real problem, she continued, is that 0bamacare is really for the people who are here illegally. The numbers are so great that local citizens have to wait for services for lengthy periods of time. I had a biopsy today: results in three weeks. The clerk said she didn’t know who to vote for. I said there’s only one candidate talking about it, and I’m going with him.
Thanks Obama, and thanks establishment republican’s for not opposing 0bamacare.
“and you wonder why we don’t like you”
Even health care.
Then add politicians self promotion while in office and viola, trillions and trillions of unfunded liabilities dumped into several generations laps.