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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.
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.
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...
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.
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%