My wife's Insurance went up to $650 due to ObamaCare. How can we budget for this? (payments, Washington)

[hartford_renter]

Originally Posted by mathjak107

no thanks , when i seek answers i prefer correct answers ,not the answers that float around in your head.

Well your rambling on retirement and personal insurance make me a little worried

[mathjak107]

that is what the ignore button is for.

[hartford_renter]

at least now you know that Obamacare drove premiums up 41% and this is just the beginning for the other reasons I mentioned

[hartford_renter]

and now you know that the way to control prices is to give customers more choices and control over their own health care decisions

Obamacare takes total control and this will drive prices up

Repealing the employers ability to pay health premiums pre tax will do a lot to fix things

[ocnjgirl]

Originally Posted by bradykp

I never said anything with a different view than me is a hate thread. I read a bunch of posts, and this thread is going exactly the same way all the other obamacare threads go.

no one answered the OPs question really.

I beg to differ, I suggested his wife start a part-time business/LLC so she can deduct the premiums. Where's your answer for him?

[ocnjgirl]

Originally Posted by hartford_renter

at least now you know that Obamacare drove premiums up 41% and this is just the beginning for the other reasons I mentioned

This is not quite factual IMO. This makes it sound like they raised the prices for the exact same policies, when what it did was mandate that policies that didn't include certain features be replaced with better policies, which have higher premiums than the old policies did.

[hartford_renter]

Originally Posted by ocnjgirl

This is not quite factual IMO. This makes it sound like they raised the prices for the exact same policies, when what it did was mandate that policies that didn't include certain features be replaced with better policies, which have higher premiums than the old policies did.

Premiums are increasing for the same policies

Premiums have to increase because insurers are required to rate individuals in narrow bands

3 age bands and 2 risk classes smoker vs. non smoker

Policyholders who were uninsurable are now being insured. Those people are what is driving up costs for the healthy insureds.

[bradykp]

Originally Posted by hartford_renter

The reimbursement rates for Medicare

Doctors are offered a low rate and they will refuse coverage

some hospitals and doctors are receiving higher reimbursements under the ACA. the ones who aren't aren't because they are failing to meet performance standards.

should medicare reimburse doctors that are performing poorly just as well as ones who are performing well?

[bradykp]

Originally Posted by hartford_renter

After Obamacare premiums immediately went up 41%

49-State Analysis: Obamacare To Increase Individual-Market Premiums By Average Of 41% - Forbes

However prices are likely to increase significantly more because the government guarantees insurers will recoup any losses. They did this because otherwise no insurance company is going to cover brand new patients with no history of losses.

Insurers are low balling prices to attract as many insurers as possible.

Avik Roy's opinion page? OK.

Health insurance costs are skyrocketing under Obamacare, Republican Party says | PolitiFact Florida

[bradykp]

Originally Posted by hartford_renter

I work as an actuary, what do you do?

and the VA system is model health care, OK

WE HAVE A NEW WINNER FOLKS!!!

My brother in law is an actuary. Congratulations. I work in finance.

That was nice. Now...back to the conversation.