Health insurance executives say tens of millions *more* Americans will lose their health plans

a reply to: xuenchen

Health insurance CEO's will give away free medical insurance after spreading lies about millions and millions of people losing their insurance.

The truth is medical device companies and drug companies are making costs climb.

Olympus endoscopes are one of the biggest costs, especially after you get a colonoscopy.

Ouch

a reply to: maxzen2004

Are you saying all the cancelled policies that have been verified is a hoax?

Just maybe to gain what?

More expensive equipment and procedure price increases?

Could be.

But remember the PPACA insists on policies having those minimum essentials.

That is what causes "old" policies to be illegal and therefore cancelled, and that is what causes the policies to cover items and procedures that many people will never use.

Yes I know that is part of the "universal" and "socialist-style" system.

a reply to: xuenchen


Health insurance was screwed up since the 1990's, blame everything on Obama, come on.

It boils down to greedy CEO's, I am not a fan of Obama but he has some balls and made an effort to fix this monster.

Be Careful on the news, they said 40,000 were going to lose their insurance here in Florida says Governor Rick Scott.

None of those 40,000 lost their insurance, Blue Shield sent out 40,000 warning letters but didn't cancel anyone's insurance. They extended the insurance for a year, but the news distorted the truth.

I am upset about how much it costs but am I doing about it? Blaming the black guy in the White house, really?

The problem is bigger, go ahead and vent. I have, everything cost more and more, what the hell?

a reply to: maxzen2004

The Federal Government hadn't taken control of 1/6th of the U.S. Economy for micromanagement in the form of the monster of regulations bundled together which the PPACA represents. It really is one of a kind and singularly bad.

I actually don't blame Obama though. Not entirely. He has COME to own it, no question. He didn't DO this though, if one really thinks back and considers.

This battle came out the gate, 110% and blazing just after Obama got into office. Pelosi led this with Reid doing what he was told to do from the start. I can't find it now but I recall a headline back then of something to the effect of Pelosi explaining to Obama how things were going to be. It was half sarcastic, but only half. Congress had a very clear idea of what to do with the certain window they had of fast tracking whatever they wanted.

Obama was still getting comfy in his chair and learning the layout of the White House when this was at it's peak for the fight, IMO.

i really dont understand health insurance on the whole.

You pay if your not sick for years and then if you get sick and need costly treatment you have to pay extra anyway. Now i dont mind paying somthing to keep myself and everyone healthy but paying for it like car insurance sounds almost barbaric.

what the hell?
Im glad that X of my pay goes to my national medical care, yes im still paying, but i get the same treatment anyone else does and everyone pays todards it regardless of income amount. None of this separate medical insurance fees non sense.

why not just put X hundred bucks away into a savings account each month instead and risk it?

The insurance companies were greedy in promoting Obamacare because they thought that they would have all these new customers and the money would be flowing in.
This is a disaster plain and simple.
Tell the people you will give them free stuff and they will get on board whether they really end up with free stuff or not. Look how many people are still defending this monstrosity.

spectator.org...

a reply to: Wrabbit2000

It's all part of the plan to socialize the US and get rid of free enterprise and private property rights, only they are using crony Capitalism in their efforts because they can. That is what happens in communism and socialism because it cannot stand on its own, it requires someone's capital to work, and as they say, the socialists eventually run out of other people's money. They would have done it no matter which Democrat got in office, Hillary tried to do it when her husband was CIC, and she was hawking it during her campaign in 08, as well as socialized pre-k. That is the socialist plan no matter which Marxist gets in office.

originally posted by: xuenchen
Obama's big fat promise that you could keep your health plan if you liked it is moving towards *Phase II* of the master plan.

Delay & implement then crush the Middle Class into absolute medical debt submission.

A Congressional hearing last week has some insurance executives claiming that millions more "plans" will be defun-ked soon enough.

The politicians are obviously using the insurance industry to implement a de-facto socialist-style "pay for it" system by trying to get most insurance plans to appear as "equal" and "equitable" as possible.

Last Wednesday, May 7, 2014, the House Subcommittee on Oversight and Investigations held a hearing on “PPACA [Obamacare] Enrollment and the Insurance Industry.” (PPACA are the initials of the Orwellian name for Obamacare, the Patient Protection and Affordable Care Act.)

The purpose of the hearing was to ascertain just how many Americans actually have enrolled in Obamacare, as well as who was responsible for the previous round of policy cancellations and who should face blame for the next round.

In the hearing, Congressman Cory Gardner (R-Colo) sought to get to the bottom of the health plan cancellations. He pointedly asked the insurance executives the reason for the cancellations.

Health insurance executives say tens of millions *more* Americans will lose their health plans

President Obama had pledged publicly at least 36 times that his health care plan, known as Obamacare, would not force people who liked their current coverage to lose it before "tweaking" that promise Nov. 4.

"36 Times Obama Said You Could Keep Your Health Care Plan"

www.youtube.com...

and how is this obamas fault?

all the insurance companies have to do is change their policy (add to), so that it meets minimum standards. too easy.

a reply to: stormson

and how is this obamas fault?

all the insurance companies have to do is change their policy (add to), so that it meets minimum standards. too easy.

And of course those "minimum standards" increase the average policy cost.

And guarantees extra medical spending by the policy holders in more than one way.

It's Obama's fault for promising and super-amplifying and exaggerating and emphasizing a cost reduction.

He lied, and people pay and pay and pay into deep debt.

originally posted by: xuenchen
a reply to: stormson

and how is this obamas fault?

all the insurance companies have to do is change their policy (add to), so that it meets minimum standards. too easy.

And of course those "minimum standards" increase the average policy cost.

And guarantees extra medical spending by the policy holders in more than one way.

It's Obama's fault for promising and super-amplifying and exaggerating and emphasizing a cost reduction.

He lied, and people pay and pay and pay into deep debt.

not really.

for example, policies must cover bc. however, if your menopausal you dont need it. so the insurance company covers it, but doesnt charge you cause youre not going to use it.

not that hard really.

also, insurance should go down, after all more people are buying, but the same number are claiming.

a reply to: stormson

People might want to read this....

The malarkey as it is presented by the Administration is just .... malarkey.

Starting on January 1, 2014, all health insurance policies will be required to cover a broad range of mandated benefits, many of which are not included in some policies today. As a result, millions of people will be forced to purchase health insurance that is more comprehensive – and more expensive – than they currently have. The CBO found that premiums would increase because policies “would cover a substantially larger share of enrollees’ costs for health care (on average) and a slightly wider range of benefits.”

Essential Benefits

President Obama repeatedly promised that his signature health law, the Affordable Care Act, a.k.a. Obamacare, would reduce insurance premiums by $2,500 for the typical family. Instead, premiums have increased by a comparable amount. ....

Obama Promises To Lower Health Insurance Premiums by $2,500 Per Year

www.youtube.com...

OOOOooooops !!!

I have said it before, but this whole thing looks like government and the private insurance working together to "fix", as in "fixing a boxing match", the health care insurance issue.

originally posted by: stormson

not really.

for example, policies must cover bc. however, if your menopausal you dont need it. so the insurance company covers it, but doesnt charge you cause youre not going to use it.

not that hard really.

also, insurance should go down, after all more people are buying, but the same number are claiming.

Um, you have it backwards. What happened with ACA is that the federal government came out and demanded that insurance companies pay for specific items, such as maternity care and pediatric dental. So, if you're menopausal you're paying for a plan that covers an item (maternity care) that you are not going to use. Premiums go up.

Before ACA, you could buy a plan that covered just what you wanted or needed. So, a person without children would choose a plan without pediatric dental coverage and a single male could choose a plan without maternity care and those plans were cheaper. Once the additional demands were put in place, the lesser plans (meaning people didn't need those additions) were deemed "insufficient" and insurers were required to cancel them and offer something with the full list of federal requested items - whether you need them or not. And those plans are more expensive as they cover more - whether you need it or not.

The "extend a year" boloney? Right, I remember that. After all the insurers had spent, what, 2 or 3 years working to meet the ACA demands, policies were cancelled, people were getting mad, THEN Obama (less than a month from rollout) declared that shoot, he would allow insurers to extend the policies up to a year. So what are the insurers supposed to do with 3 weeks notice?

a reply to: stormson

and raise prices based on their estimates of the 80/20 rule (Medical Loss Ratio).

and of course, this has nothing to do with the deductible debt.

Health insurance premiums are showing the sharpest increases perhaps ever according to a survey of brokers who sell coverage in the individual and small group market. Morgan Stanley’s healthcare analysts conducted the proprietary survey of 148 brokers. The April survey shows the largest acceleration in small and individual group rates in any of the 12 prior quarterly periods when it has been conducted.

The average increases are in excess of 11% in the small group market and 12% in the individual market. Some state show increases 10 to 50 times that amount. The analysts conclude that the “increases are largely due to changes under the ACA.”

Health Plan Premiums Are Skyrocketing According To New Survey Of 148 Insurance Brokers, With Delaware Up 100%, California 53%, Florida 37%, Pennsylvania 28%