ObamaCare rates in MN skyrocket 60% to stave off “collapse”

originally posted by: burntheships
So Minnesota will join the other 17 states where Obamacare has
already collapsed! Some states are giving taxpayer loans to
keep the Co-ops afloat, to the tune of 110 million or more
each state!

Pelosi:
"We have to pass the bill to find out what is in it"

Logic defined by Nancy....

every school shouldteach it.

*Off Topic Content Removed*

And do you really believe that if obamacare didn't exist the government would be taking less money from you? That you'd have more money in your pocket? When has the gov ever taken less money?

Obamacare was implemented to destroy the health industry.

It will destroy the middle class, there is not doubt about it, and everyone except the super rich will be wholly dependent on government to provide for their every need.

After the health industry is controlled 100% by government, then people's lifestyles will be dictated in order to cut costs, those who cannot maintain healthy lifestyles or are inherently infirm will be eliminated.

Just wait, Hillarycare is coming soon. The HillaryCare promise - "If you like your life, you can keep it"

My wife is an inner city ER physician...

As physicians u work as a contractor...so our insurance(blue cross blue shield ppo) in Texas went belly up 8 months into the ACA...

So we switched to an Obamacare exchange Aetna insurance pkg...

They have announced Texas Aetna will be pulled at the end of 2016...

we pay $1300/month and have a $14k deductible...meaning we won't get any coverage until we've paid $25k...

Basically why pay what we pay when u can pay a penalty(fine) and if u get sick get insurance...remember pre-existing conditions must be accepted...
This is what most are doing...which sucks for those of us who do the right thing...

What this is leading to is a stratified healthcare...we are lucky as most of our friends are physicians since u kind of run around with who u work with..

But if we were not so lucky I can imagine how terrifying this would be...

Look for boutiques to begin popping up where u can pay cash for concierge medical services..
Socialized medicine has an inevitable conclusion: the concierge model...

Great job beaurocrats...progressives are ruining this country...and the greatest medical system the world has ever seen with the biggest brains yearning to become an MD is fasing..lnow we see lesser minds from other corners of the globe flocking to America with sub par educations and no residency(at least not a real one)..have fun getting treated by non boarded "physicians" who speak English as a 3rd language


-Christosterone

a reply to: GodEmperor

After the health industry is controlled 100% by government

I wonder why they ignore that.

Between regulation, and the largest single 'providers' there are in this country.

Medicare,medicaid, and tricare.

The state has the market cornered.

A super monopoly.

originally posted by: GodEmperor

It will destroy the middle class, there is not doubt about it, and everyone except the super rich will be wholly dependent on government to provide for their every need.

This election is about the final blows to the middle class.

Notice Hillary panders to the poor and "downtrodden".
She fills her coffers from the elite 1%.

Where is the middle class, it is in her sights to take it out.

Her campaign does not really make a pretense trying to reach
the middle class, this is intentional.

*Off Topic Content Removed*



Really? Because most of the opposition I've seen concerning 0bama's policies are ideological and have little or nothing to do with his race. Maybe that's because he's half white ... but I'm not a hater ... and therefore can't tell ya that's a fact.

Looks to me like Obamacare is collapsing. Somebody should have checked under the hood to see how socialized medicine is engineered in a working model ... seen what kind of fuel it runs on and in what quantities.

If everyone was working for a living, we could expect to give up 30% of our earnings to the beast. The Rich aren't paying taxes (go ask Trump) and neither are the poor. That means the middle class is gonna have to give up even more.

I'm a healthy guy. When I'm not healthy I pay my healthcare costs right out of pocket (for very personal reasons).

Question: Why should I pay into a healthcare plan to support other people who don't (or can't) contribute?
Question: Does this not reek of Socialism?

I hope people pay attention the next time a law come up for a vote and no one has taken the time (or has no opportunity) to read the damn thing.

a reply to: xuenchen

That makes litttle sense. Almost no one would be able to pay a 60% increase. One can still buy health insurance directly with no tax penalty. The article is wrong about that.

It apears insurers are asking for more money.

originally posted by: butcherguy
a reply to: Snarl

I distinctly remember being told (back when they were trying to pass Obamacare) that the people that were not paying anything for their free health care would have to pay something for it under Obamacare.

I think 'they' let people believe that. What it really is ... is a system of debt. The people who aren't paying have a bill and it's tracked.

I hear a fiddle playing somewhere over near where that smoke is rising.

a reply to: Snarl

Why is that graphic here? I would alert it, but I alerted something else horribly racist in the last half hour.

originally posted by: reldra
a reply to: xuenchen

That makes litttle sense. Almost no one would be able to pay a 60% increase. One can still buy health insurance directly with no tax penalty. The article is wrong about that.

It apears insurers are asking for more money.

a reply to: xuenchen

I read the article you posted, probably the only one lol.

Bloomberg does a much better job of describing the situation in Minnesota than Hot Air does.

On average, rates in the state will rise by about 60 percent, said Shane Delaney, a spokesman for MNSure, the state’s marketplace for Obamacare plans. About 250,000 people, or 5 percent of the state’s population, were covered under plans bought on the individual market, including plans bought on the Affordable Care Act markets as well as outside it.Many people in the exchanges are eligible for tax credits to help reduce the cost of the premiums, Rothman’s office said, though those subsidies cut off once a family of four has an income of $97,200 or more. The law requires all Americans to buy insurance or pay a penalty. In Minnesota, a low-cost plan for a single person last year had annual premiums of about $2,800, before any tax credits, according to the Kaiser Family Foundation.

originally posted by: underwerks

And lastly, under obamacare my insurance IS less than my phone bill. And?

Well, good for you!

Would I be wrong in guessing that it is subsidized? If it is, then it is NOT less than your phone bill, it's just that somebody else is paying for it.

My wife and I looked into getting subsidized coverage last year because simply because the law said we had to. We were told that we are essentially too poor to qualify for subsidized insurance.

How's that for a working system?

My Part D insurance company. BCBS, sent me a poop bag, saying I should send them a stool sample so it can be analyzed to see if I should go get checked out. Huh, since when do insurance companies ever take any crap from anybody, they usually deny things like that.

If I have stomach issues I will go to the doctor, I am not going to send them any sh** I don't have to. Now these companies get to charge cost plus a markup for profit and expenses from these programs. The more they spend, the more profit and expense money they get. I can see our rates going through the roof because these companies won't dispute doctors who con people anymore. Our rates are going to be getting super high and we will be tested to death. No checks and balances anymore

a reply to: xuenchen

Elections have consequences...

I wish there was just an ATS ObamaCare forum, like we have in our industry-related (Medical/Health) forums. I get tired of posting the same thing every time a thread is started about an Obamacare rate hike.

All I'll say here is that only 8% of Americans pay for Individual Obamacare insurance. That is why there is no national uprising. Sure, when you're affected, you think the sky is falling, but there's not enough Americans feeling Obamacare pain, to cause a major nationwide uproar.

Now, if enough EMPLOYERS started passing along the premium increases to the employees (which most don't do) we'd have a different story. There would be riots.

Obama set up 26 "government option" test companies in various states in 2012. (Called Co-ops) All but 5 have so far gone belly-up, because the cost of medical treatment in America is too high. Single-payer government run healthcare wouldn't stand a chance here, unless the medical industry (hosp, doctors, etc.) were willing to take a 30% to 40% pay cut.

a reply to: carewemust

It's possible many employer paid benefits will soon cut into employee raises.

originally posted by: xuenchen
a reply to: carewemust

It's possible many employer paid benefits will soon cut into employee raises.

And the health insurance deductible for employees will be increasing by an average of $400 per family member in 2017. If the country is dumb enough to elect Hillary, the tax increases she'll be imposing on corporations will eliminate employee raises. Actually, employees will see an effective pay CUT, due to increased paycheck deductions to pay for the employee's benefits, coupled with the escalating economic inflation that will ensue.