It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Some Louisiana health insurers are imposing double-digit increases in 2015 for polices sold under the Affordable Care Act's health exchange, according to filings this week with the Louisiana Department of Insurance.
Blue Cross Blue Shield of Louisiana, the state's largest provider, filed papers that it is moving forward with its original plan to increases rates between 18.3 percent and 19.7 percent for policyholders in its Blue Saver, Blue Max and its Multi-State individual health plans. The plans cover 52,638 people.
Some Louisiana insurers moving ahead with higher premiums under Affordable Care Act
For something that was supposed to "equalize" health insurance, this Obama.Care sure has failed in that area hasn't it.
"Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."
originally posted by: whyamIhere
I knew who wrote the thread by the title...
Obamacare is the biggest failure of all time.
And that's saying something.
originally posted by: olaru12
Not according to the Insurance providers. It's just good business to increase profits.
I would think the right would applaud this corporate foray into more and bigger dividend checks for the stock holders.
originally posted by: buster2010
Is this a surprise for anyone? The individual mandate was a license to steal for the insurance companies.
The attacks could easily give the impression that the health care law is causing premiums to go through the roof around the country. They’re not. In reality, in most states, premiums for coverage in the Obamacare health insurance exchanges for 2015 are rising at about the normal rate for health insurance throughout the country. In some places, they’re even going down.
But there are a few states that are facing more extreme premium increases from some insurers — and Louisiana and Iowa are two of them. Alaska, where Democratic Sen. Mark Begich is struggling to win a second term, is another one.
Even there, it’s not all insurers that are raising rates that much. Louisiana, for example, is only announcing rates for the insurers that are raising rates by 10 percent or more, so the picture that’s being made public is incomplete.
originally posted by: xuenchen
Looks like Louisiana health insurance companies are going to raise rates for next year's Obama.Care exchange policies.
The biggest ones are jacking it up by double digits.