Politics

Consumers in 17 States Face Double-Digit Rate Hikes Under Obamacare

from – The Daily Signal – by Melissa Quinn

Consumers in 19 states will see increases to their health insurance rates, most in the double digits, for 2017, according to publicly available data filed with state insurance regulators.

Since June, insurance companies have been submitting proposed rate requests to state departments of insurance for the 2017 plan year. The U.S. Department of Health and Human Services also has to approve rates for insurers selling on Obamacare’s exchanges.

States are now in the process of reviewing those requests and ultimately deciding whether to approve or alter the insurers’ proposals for next year.

Many insurance companies, like Highmark Blue Cross Blue Shield of Delaware and Aetna in Delaware, have attributed their proposed double-digit rate hikes to the end of the federal transitional reinsurance program and high medical costs from their customers.

The reinsurance program, one of three implemented under the Affordable Care Act, was designed to transfer risk among insurers. The program expires at the end of the year, and insurers have said its end alone will cause premiums to rise.

Others, meanwhile, have decided to pull out of Obamacare’s exchanges altogether after losing money in 2015.

UnitedHealthcare was the first to do so, and the nation’s largest health insurer announced earlier this year that it will no longer sell coverage on exchanges in 34 states.

Aetna became the latest insurer to announce it, too, will be leaving the exchanges. The company announced last week that it will no longer sell coverage on exchanges in 11 states, leaving 167,600 customers to purchase new coverage for next year.

The company will continue to sell on exchanges in Delaware, Iowa, Nebraska, and Virginia.

In more than a dozen states, insurance companies have requested double-digit rate increases for next year.

Rate hikes range from a high of 62.1 percent from Blue Cross and Blue Shield of Montana to a low of 8 percent from Evergreen Health in Maryland.

Evergreen Health was one of 23 co-ops, or consumer operated and oriented plans, that started under Obamacare. Since the first open enrollment period in the fall of 2013, 16 co-ops have failed.

See how rates in your state could change next year below.

160824_Premium-Increases_v31

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82 Comments on "Consumers in 17 States Face Double-Digit Rate Hikes Under Obamacare"

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Affordable Health Care is not, never has been and won’t be. Single payer isn’t working in U.K., Australia and Canada… bankruptcy leads to patients waiting forever and untold deaths. If you want affordable health care open up ‘cross state border’ insurance bids and let the companies compete.

What happened to the $2500 average saving we were supposed to get? Mine has gone up over $7000 a year with $6600 deductible on me and wife. Lets just all vote Democrat so we can finish destroying the country like they all seem intent on doing. Or better yet, leave the country ,learn a foreign language and come back as illegals ,so someone else can pay for all our services that our generous Gov’t steals from us and gives away.Sure am sick and tired of our “leaders” lying and stealing from us and telling us how they’re helping us. Hey Hillary ,Where are the rest of the e-mails,you champion of Democratic virtues?????

Elections have consequences!! Be sure to VOTE!

“The trouble with socialism is that eventually you run out of other people’s money” — Ronald Reagan

What you get when you trust the Democrats, before voting for them just think about the histories and situation of the 11 most populous metropolitan areas dominated by them for the last 100 years, all ghetto blighted and in urban decay. It beyound my understanding of why my fellow retirees flee a blue state for a well run red state and would cast a ballot for the rascal party who despoiled their former home state in the first place.

This has been a disaster!! My family of 5 now pays over $1300 a month with a $5000/$10,000 deductible. Our insurance is now more than our house payment, disgusting! We are middle class and can not afford another increase. I’m sick that so many Americans are uninformed and will continue to vote for the Democrats as the systematically dismantle this country. “We will know what’s in the bill after we pass it…”, who in their right mind voted for these fools!!

The Republicans bare an equal share in the blame. They never stood their ground and fought the progressive movement 50+ years ago but bought into the ideology only wanting to move a little slower but always left. Now the old line establishment insider Republican is more left than JFK. We are looking at the end of our republic. The payers are out numbered by the takers.

I saw this coming before the ink dried on Obamacare bill. It was unavoidable. Politicians should not be in the medical business because government doesn’t know squat about how to make a medical system work. Obama had small groups many consisting of medical personnelle (I was part of one) and he et al never listened to the medical profession. Anything government takes on that is big and socialistic is bound to fail Citizens health should not be one big experiement which is now going to cost many. Either go to one payer and forget insurance companies or let capitalism run the system and let there be more competition that makes mroe sense.

All I can say is “DUH” – everyone was talking about this BEFORE this stupid plan was passed. When will people learn that there is nothing FREE – when those who pay for these plans stop paying or leave then the programs fall flat on their faces. It’s time for us to get our noses out of Poke and wake up to reality.

In the city of Brotherly Love, the home of Rocky Balboa,

“Hillary Clinton is not qualified to be president”, Bernie Sanders told a crowd of supporters packed into Temple University’s arena, delivering his fiercest jab yet to the struggling Democratic front-runner.

“Now the other day, I think, Secretary Clinton appeared to be getting a little bit nervous,” he began. “We have won, we have won seven out of eight of the recent primaries and caucuses. And she has been saying lately that she thinks that I am, quote unquote, not qualified to be president.

“Well let me, let me just say in response to Secretary Clinton: I don’t believe that she is qualified if she is, if she is, through her super PAC, taking tens of millions of dollars in special interest funds,” he said. “I don’t think you are qualified if you get $15 million from Wall Street through your super PAC.”

Somehow, as these rates for “insurance” soar, the big insurance companies are amassing untold billions with which they acquire smaller insurance companies. The system is rotten to the core. I am a soon-to-be-retired surgeon and owner of a small specialty practice. About 40% of our declining revenues are expended on staff who toil to comply with regulations, insurance company requirements, and federal mandates. Our services would be more affordable to our patients if this gargantuan, wasteful system were dismantled and not replaced. The embarrassing and misnamed ACA was touted as a way to insure the “uninsured.” Before the entire health care payment system was toppled at the cost of trillions, that uninsured rate was about 20%; it’s now about 13% but is sure to expand again as the ACA dies under its own weight. My solution for medical care for the uninsured was simple. Let doctors and health care facilities… Read more »

Thank You Democrats!!! Just think we get to keep our preferred doctor also!!!
This is not healthcare, it is a “Your alive tax.” We have a death tax don’t we? This is only a logical extension. We have now reached a point where OUR GOVERNMENT IS NOW THEIR GOVERNMENT.

Isn’t bloated intrusive government grand, NOT.
Make sure you get out and vote.
Keep Her away from the levers of power
Otherwise we’re all sunk.
Besides she already has so much money
She can’t make that inequality income argument anymore
Anybody read Orwell’s Animal Farm lately?

The rate increases are all part of Obama’s plan. ALready, several of the largest ins. companies have increased dramatically their rates and 11 states have “changed” to “Exchanges run by guess who. This has been his overall plan from the start … to have ONE PAYER … then welcome to socialized medicine like in Europe. The vast majority of Americans have no idea what is coming and you can count on Hillary to support it.

This all going according to Obama’s plan. Obamacare would collapse and when Hillary is elected we will get single payer Government insurance.

What happens when the government fixes a problem?

Can hardly wait to see how Hillary will solve this problem. Anyone want to bet it won’t be a single payer plan? That’s been the plan all along, and it’s going to come to pass. Can’t say we weren’t warned.

We talked about this last week!

Wall Street Journal reported this morning that Pinal County in Arizona is in danger of having zero insurers participating in the ACA Exchange. Report quoted a 31 year old man who had to switch from his current insurer to UnitedHealth. Now UnitedHealth is leaving Arizona, and the man is unsure if he will be able to afford a plan that he can buy for next year, and of course, if he does not have an insurance plan, he is fined by the government. Now isn’t ObamaCare the most wonderful thing there is? Ask that man in Arizona what he thinks about it…

I’m old enough to remember when there WERE no Healthcare Insurance companies. One found a doctor they liked , could afford and then used their services. How nice that was. When you went to the doc, the doc would tell you what you owed for the care. It was GREAT! No damn insurance company to tell the doctors what they could charge, no insurance company to tell you what they’re going to pay for your treatment and that’s all. Some doctors are getting smart – they’re becoming self-employed with their own business, don’t take insurance and tell you what they’ll charge, then YOU PAY THEM! If you find one, GRAB HOLD IF YOU CAN! Their charges are affordable. They’re happy, you’re happy and the insurance companies can go straight to hades.