Health Insurance Plans to Rise More than 80%.... Democrats SHOCKED!

[Dixie - In Memoriam]

http://www.ijreview.com/2013/04/476...ns-on-exchanges-to-rise-more-than-80-in-2014/

The Society of Actuaries is estimating that the cost of individual plans on exchanges will rise more than 80% in some states in 2014. Surprised? Yeah, me neither.

The Committee on Health, Education, Labor and Pensions (HELP!) last week discussed a study published in March by the Society of Actuaries (SOA) predicting that medical claims per member will rise 32 percent in the individual plans expected to dominate the Obamacare exchanges next year.

The SOA report said that in some states, the cost of the plans will rise as much as 80 percent. (Don’t worry. Many of the plans’ prices will be subsidized by taxpayers.)

The reason for the increase (besides that the entire program is an unwieldy clusterschtupp)? Elderly and sick people will join the exchanges at much higher rates than younger, healthier people who would rather pay the penalty than buy insurance. Maybe President Obama needs to hit the perpetual campaign trail again to tell them how awesome it is?

Nevertheless, Senator Al Franken, the Saturday Night Alive alum, is acting astounded – astounded, I tell you! – that medical costs and plan prices are soaring.

“Most actuaries in this country — what percentage are employed by insurance companies?” Franken asked an actuary last week at a hearing of the HELP committee.

One of the hallmarks of the Patient Protection and Affordable Care Act was that it would lead to lower costs. But the act doesn’t “protect” patients and is neither affordable” nor does it provide “care.”
=========================================================

So this great wonderful program that was going to make health care available to more Americans, and lower the cost of health care, is going to do neither. Instead, individuals who get insurance through a non-employer-subsidized plan, will be paying 80% higher rates, and those rates were already the highest. Not only that, but now it's the law of the land you have to purchase this, whether you want it or not.

This is the reality of what we got when Democrats promised us more affordable and available health care.

 

[Howey]

http://www.ijreview.com/2013/04/476...ns-on-exchanges-to-rise-more-than-80-in-2014/

The Society of Actuaries is estimating that the cost of individual plans on exchanges will rise more than 80% in some states in 2014. Surprised? Yeah, me neither.

Dixie, Dixie, Dixie...do you not know what an "actuary" is?

ac·tu·ar·y
/ˈakCHo͞oˌerē/
Noun
A person who compiles and analyzes statistics and uses them to calculate insurance risks and premiums.

Don't you think it would behoove them to put out a report criticizing Obamacare?

Few aspects of the Affordable Care Act are more critical to its success than affordability, but in recent weeks experts have predicted costs for some health plans could soar next year.

Now health law supporters are pushing back, noting close ties between the actuaries making the forecasts and an insurance industry that has been complaining about taxes and other factors it says will lead to rate shock for consumers.

"Most actuaries in this country -- what percentage are employed by insurance companies?" Sen. Al Franken, a Minnesota Democrat, asked an actuary last week at a hearing of the Committee on Health, Education, Labor and Pensions.

The committee was discussing a study published last month by the Society of Actuaries (SOA) predicting that, thanks to sicker patients joining the coverage pool, medical claims per member will rise 32 percent in the individual plans expected to dominate the ACA exchanges next year. In some states costs will rise as much as 80 percent, the report said.

The witness was unable to answer Franken's question, but the senator made his point. Insurance is why actuaries exist. The industry and the profession are hard to separate.

Using predictive math, actuaries try to make sure insurers of all kinds don’t run out of money to pay claims. Many actuaries also work for consultants whose clients include insurance companies.

Undisclosed in the SOA report was the fact that about half the people who oversaw it work for the health insurance industry that is warning about rate shock. The chairman of society committee supervising the project was Kenny Kan, chief actuary at Maryland-based CareFirst BlueCross BlueShield.

Others on the committee work for firms with insurer clients. The report included committee members’ names but not their affiliations.

The SOA "portray themselves as this nonpartisan think tank when in fact everything about the study is by people who have a vested interest in the outcome of the study," said Birny Birnbaum, executive director of the Center for Economic Justice, a Texas group that advocates on behalf of financial and utility consumers.

To perform the research, the society hired Optum, sister company of UnitedHealthcare, the country’s biggest private health insurer.

Transparency, thy name is not Dixie.

 

[Dixie - In Memoriam]

Excuse me, retard, but I would think a person who compiles and analyzes statistics and uses them to calculate insurance risks and premiums, would probably be someone to listen to when they tell us the premiums are going up 80% next year. I mean, as opposed to, say... Al Franken or Nancy "pass it to see what's in it" Pelosi.

 

[Dixie - In Memoriam]

The SOA "portray themselves as this nonpartisan think tank when in fact everything about the study is by people who have a vested interest in the outcome of the study

Did you somehow think, in your retardedness, that insurance premiums and rates were established by people who have no vested interest in the insurance companies who use the rates? Tell me, what capitalist enterprise do you know of, where the capitalists allow some other outside entity with no interest in their capital investment, to decide what they charge for their products and services? ANY relevant example of this?? You can call Al Franken and consult with him, if you like, I'll wait!

 

[maineman]

regardless, Optium has a vested interest in predicting health insurance cost increases and putting the blame for that on Obamacare and not their own greed.

 

[Howey]

regardless, Optium has a vested interest in predicting health insurance cost increases and putting the blame for that on Obamacare and not their own greed.

Dixie doesn't take being proven wrong very well. It happens all the time.

 

[Dixie - In Memoriam]

So.... no relevant examples, huh?

 

[Howey]

So.... no relevant examples, huh?

Of what? That you're always wrong?

 

[Dixie - In Memoriam]

regardless, Optium has a vested interest in predicting health insurance cost increases and putting the blame for that on Obamacare and not their own greed.

Ahh.... "GREED" is going to be the ticket, eh? We can't have free health care for everybody because the insurance companies are "greedy" and want to charge too much for their product now! It's called FREE MARKET CAPITALISM... that's where, whenever someone is selling something greedily, bilking the consumer, a rival competitor can come along and offer the same product without the greed and bilking, and become a hit with the consumer. This FREE MARKET system, serves to protect the consumer against unwarranted "greed" in ANY consumer product... (insurance is a consumer product.)

But people are ignorant. They will buy this SOCIALIST bullshit, you just have to keep demonizing corporations and business, and keep calling people greedy for practicing capitalism in a free market system. Eventually, the ignorant will outweigh the smart, and you will WIN!

 

[Dixie - In Memoriam]

Of what? That you're always wrong?

Nope. Sorry, you're apparently too retarded to follow the thread. You need to go back and re-read the posts....oh, wait... you DID realize that you can re-read the posts, didn't you? I hate to assume things here.

 

[cancel2 2022]

Of what? That you're always wrong?

I think I am with Dixie on this one, There is no doubt that premiums will rise quite significantly. If you want universal coverage then somebody has to pay for those who cannot or will not pay, it is disingenuous to think otherwise. I think that there are many benefits, not least previously uncovered people having to steal or commit crimes to pay for medical coverage.

 

[Tor]

Dixie, Dixie, Dixie...do you not know what an "actuary" is?

ac·tu·ar·y
/ˈakCHo͞oˌerē/
Noun
A person who compiles and analyzes statistics and uses them to calculate insurance risks and premiums.

Don't you think it would behoove them to put out a report criticizing Obamacare?



Transparency, thy name is not Dixie.

Pay no attention to the retard behind the curtain.

 

[Tor]

I think I am with Dixie on this one, There is no doubt that premiums will rise quite significantly. If you want universal coverage then somebody has to pay for those who cannot or will not pay, it is disingenuous to think otherwise. I think that there are many benefits, not least previously uncovered people having to steal or commit crimes to pay for medical coverage.

Bullshit? How can you be this stupid? All these people are getting some level of care already, but it is at emergency rooms rather than health clinics, where the costs are dramatically higher.
Stop being a stooge. If you want to know how it will really work, look to Mass, where under universal healthcare, costs are dropping, exactly as they should.

 

[Dixie - In Memoriam]

Bullshit? How can you be this stupid? All these people are getting some level of care already, but it is at emergency rooms rather than health clinics, where the costs are dramatically higher.
Stop being a stooge. If you want to know how it will really work, look to Mass, where under universal healthcare, costs are dropping, exactly as they should.

Do these people not know about state operated health clinics available in every county of every state across America? Why are they going to the ER instead of using the resources we are already providing? Maybe they are stupid and ignorant, like you?
And let's be clear, costs are dropping in Mass because they were the highest in the nation... but this is becoming the common tactic for Obama policy... we don't compare to what was the case before the policy, we have to endure the devastation and cataclysm of his policies, THEN measure the amount of 'rebound' we make. It's like going to Vegas for the week, losing your money, your house, your car, and all your worldly possessions, but on your last day, you ate a free buffet and that's all you can talk about!

We've tried to explain how capitalism works to you socialist dummies for 5 years, and you just don't get it. We can't add millions of people to the insurance rolls and it not cost more money. There isn't a magic Health Care Fairy. Capitalists sell a product called "insurance" and the price is based on supply and demand, like everything else in a capitalist system. So now that we've increased demand through legislation which requires everyone have insurance, the numbers have been crunched by the capitalists and it's going to cost us 80% more... and here comes a 'brilliant' idiot liberal, blaming "greed" for this. Well, you want to know what happens to a capitalist enterprise when you start 'mandating' their profit margins? They become extinct and non existent! But you don't care, because that makes it easier to implement totally socialist health care, where we relegate our system to some barbaric and deplorable conditions we can't even fathom in this country.

Of course, after we destroy the greatest health care system in the world in order to replace it with socialist health care, and we experience hideous and deplorable conditions for a few years, you can all come here and crow about how much better it is this month than last month. That's how things are measured now.

 

[Steelplate]

Do these people not know about state operated health clinics available in every county of every state across America? Why are they going to the ER instead of using the resources we are already providing? Maybe they are stupid and ignorant, like you?
And let's be clear, costs are dropping in Mass because they were the highest in the nation... but this is becoming the common tactic for Obama policy... we don't compare to what was the case before the policy, we have to endure the devastation and cataclysm of his policies, THEN measure the amount of 'rebound' we make. It's like going to Vegas for the week, losing your money, your house, your car, and all your worldly possessions, but on your last day, you ate a free buffet and that's all you can talk about!

We've tried to explain how capitalism works to you socialist dummies for 5 years, and you just don't get it. We can't add millions of people to the insurance rolls and it not cost more money. There isn't a magic Health Care Fairy. Capitalists sell a product called "insurance" and the price is based on supply and demand, like everything else in a capitalist system. So now that we've increased demand through legislation which requires everyone have insurance, the numbers have been crunched by the capitalists and it's going to cost us 80% more... and here comes a 'brilliant' idiot liberal, blaming "greed" for this. Well, you want to know what happens to a capitalist enterprise when you start 'mandating' their profit margins? They become extinct and non existent! But you don't care, because that makes it easier to implement totally socialist health care, where we relegate our system to some barbaric and deplorable conditions we can't even fathom in this country.

Of course, after we destroy the greatest health care system in the world in order to replace it with socialist health care, and we experience hideous and deplorable conditions for a few years, you can all come here and crow about how much better it is this month than last month. That's how things are measured now.

The greatest healthcare system in the world that ranks first in cost and 37th in many quality of care rankings.

BTW, 56% of our free clinics across the US have to turn patients away on a regular basis because they are overwhelmed...so yeah....your full of shit.

 

[Dixie - In Memoriam]

The greatest healthcare system in the world that ranks first in cost and 37th in many quality of care rankings.

BTW, 56% of our free clinics across the US have to turn patients away on a regular basis because they are overwhelmed...so yeah....your full of shit.

The greatest health care system in the world, where kings and rulers come when they need surgery or specialized care. Greatest health care system in the world, which has pioneered more medical life-saving procedures than all other nations combined. Greatest health care system in the world, where the world's greatest and best doctors come to practice medicine.

I dispute your statistic about clinics, this is more "statistical gymnastics" from well-armed liberal socialists. I've been to health care clinics in various places, and I've never known of them to "turn away" anyone. In fact, I don't think they are allowed by law to refuse treatment. So, no... YOU are still full of shit.

 

[Steelplate]

Ahh.... "GREED" is going to be the ticket, eh? We can't have free health care for everybody because the insurance companies are "greedy" and want to charge too much for their product now! It's called FREE MARKET CAPITALISM... that's where, whenever someone is selling something greedily, bilking the consumer, a rival competitor can come along and offer the same product without the greed and bilking, and become a hit with the consumer. This FREE MARKET system, serves to protect the consumer against unwarranted "greed" in ANY consumer product... (insurance is a consumer product.)

But people are ignorant. They will buy this SOCIALIST bullshit, you just have to keep demonizing corporations and business, and keep calling people greedy for practicing capitalism in a free market system. Eventually, the ignorant will outweigh the smart, and you will WIN!

They are to be demonized. The medical industry sucks the wealth out of the nation by using fee for service instead of fee for outcome....

The pharmaceutical and Med/Tech industries suck the wealth out of the country by using our tax dollars to help with R&D(not to mention all those donations that things like pretty pink ribbons brings in) and they in turn, gouge the consumer with hyper inflated prices while the rest of the world gets them at a minimal markup.

That's not free market capitalism.... that's corporate vampirism. Socialize the costs....privatize the profits

As far as the rest of your post? Pure right wing hackery.

 

[USFREEDOM911]

The greatest health care system in the world, where kings and rulers come when they need surgery or specialized care. Greatest health care system in the world, which has pioneered more medical life-saving procedures than all other nations combined. Greatest health care system in the world, where the world's greatest and best doctors come to practice medicine.

I dispute your statistic about clinics, this is more "statistical gymnastics" from well-armed liberal socialists. I've been to health care clinics in various places, and I've never known of them to "turn away" anyone. In fact, I don't think they are allowed by law to refuse treatment. So, no... YOU are still full of shit.

We had a pediatrician open a clinic, with evening hours, and it was reported that the number of children, showing up at the ER in the evening, hugely declined.
Article was from a few years ago and I have no idea where to find it; but the clinic is doing a booming business.

 

[USFREEDOM911]

They are to be demonized. The medical industry sucks the wealth out of the nation by using fee for service instead of fee for outcome....

The pharmaceutical and Med/Tech industries suck the wealth out of the country by using our tax dollars to help with R&D(not to mention all those donations that things like pretty pink ribbons brings in) and they in turn, gouge the consumer with hyper inflated prices while the rest of the world gets them at a minimal markup.

That's not free market capitalism.... that's corporate vampirism. Socialize the costs....privatize the profits

As far as the rest of your post? Pure right wing hackery.

"The medical industry sucks the wealth out of the nation by using fee for service instead of fee for outcome...."


I guess Steelplate works for free, until his work shows "outcome".
HA HA HA HA HA HA HA HA HA HA

 

[Steelplate]

"The medical industry sucks the wealth out of the nation by using fee for service instead of fee for outcome...."


I guess Steelplate works for free, until his work shows "outcome".
HA HA HA HA HA HA HA HA HA HA

I must be really under your skin...they said you'd have a crush on me soon. Sorry dude, I'm straight and married.

Fee for service is a ripoff. It's a breeding ground for fraud and corruption. Getting paid for a successful outcome streamlines the process, eliminates unnecessary tests and treatments, and provides better value to the consumer