Thank you sir may I have another?

Alan · May 14, 2013

[video=youtube;qdFLPn30dvQ]https://www.youtube.com/watch?feature=player_detailpage&v=qdFLPn30dvQ[/video]

And the hits keep coming.

Insurers predict 100-400% rate increases

Internal cost estimates from 17 of the nation's largest insurance companies indicate that health insurance premiums will grow an average of 100 percent under Obamacare, and that some will soar more than 400 percent, crushing the administration's goal of affordability.

New regulations, policies, taxes, fees and mandates are the reason for the unexpected "rate shock," according to the House Energy and Commerce Committee, which released a report Monday based on internal documents provided by the insurance companies. The 17 companies include Aetna, Blue Cross Blue Shield and Kaiser Foundation.

It concluded: "Despite promises that the law will lower costs, [Obamacare] will in fact cause the premiums of many Americans to spike substantially. The broken promises are numerous, and the empirical data reveal that many Americans, from recent college graduates to older adults, will not be able to afford the law's higher costs."
Click to expand...

Health and Human Services Secretary Kathleen Sebelius told reporters costs could rise.

Some people purchasing new insurance policies for themselves this fall could see premiums rise because of requirements in the health-care law, Health and Human Services Secretary Kathleen Sebelius told reporters Tuesday.

Ms. Sebelius’s remarks come weeks before insurers are expected to begin releasing rates for plans that start on Jan. 1, 2014, when key provisions of the health law kick in. Premiums have been a sensitive subject for the Obama administration, which is counting on elements in the health law designed to increase competition among insurers to keep rates in check. The administration has pointed to subsidies that will be available for many lower-income Americans to help them with the cost of coverage.

“These folks will be moving into a really fully insured product for the first time, and so there may be a higher cost associated with getting into that market,” she said. “But we feel pretty strongly that with subsidies available to a lot of that population that they are really going to see much better benefit for the money that they’re spending.”
Click to expand...

So if you're new to the health insurance biz, NO PROBLEM! Da rich folk will pay!!

Hat tip to IAL!

Hunt22-250 · May 15, 2013

This post is hidden to guests.
To view this post, please log in.
If you are not a member, you will need to sign up.

predator don · May 15, 2013

This post is hidden to guests.
To view this post, please log in.
If you are not a member, you will need to sign up.

Wizard · May 15, 2013

This post is hidden to guests.
To view this post, please log in.
If you are not a member, you will need to sign up.

predator don · May 15, 2013

This post is hidden to guests.
To view this post, please log in.
If you are not a member, you will need to sign up.

Log in or Sign up

Thank you sir may I have another?

Alan Proud Infidel

Hunt22-250 Scuba Steve

predator don Well-Known Member

Wizard Well-Known Member

predator don Well-Known Member

Another attack on fishing, another petition to sign. Thank you.

Happy Thanksgiving

Thanksgiving

Thanksgiving Week

Happy Thanksgiving!

Share This Page