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Old 09-18-2010, 02:01 PM
 
Location: Chicagoland
41,325 posts, read 44,929,215 times
Reputation: 7118

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What happened to the spiel, "people will see a reduction of $2300 in insurance premiums"? What happened to the spiel, "If you like your plan, you can keep it"?

Insurance Rate Hikes: State OKs Anthem Rate Hikes, Some More Than 20 Percent; Attorney General Cries Foul - Courant.com

Quote:
The state's largest health insurer was granted rate hikes Friday that will be well over 20 percent for some plans, drawing sharp criticism from the attorney general.

Anthem Blue Cross and Blue Shield in Connecticut requested a wide range of premium increases, which will take effect Oct. 1, to cover the costs of new benefits required by federal health reform.

The Connecticut Department of Insurance approved Anthem's request without changes, including a boost of as much as 22.9 percent just to comply with one provision: eliminating annual spending limits per customer.
Surprise, surprise.

What DID we tell you?

This was completely predictable AND expected.
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Old 09-18-2010, 02:12 PM
 
26,680 posts, read 28,659,127 times
Reputation: 7943
Due to Obamacare? Wrong. Due to increases in medical costs. The State Of California recently approved increases in health insurance premiums. This is a state that requires insurers to prove that premium hikes are necessary in order to cover medical claims.

By the way, the link you provided is broken.
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Old 09-18-2010, 02:59 PM
 
Location: Chicagoland
41,325 posts, read 44,929,215 times
Reputation: 7118
Quote:
Originally Posted by AnUnidentifiedMale View Post
Due to Obamacare? Wrong. Due to increases in medical costs. The State Of California recently approved increases in health insurance premiums. This is a state that requires insurers to prove that premium hikes are necessary in order to cover medical claims.

By the way, the link you provided is broken.
Link works fine for me.

Due to obamacare? YES.

Quote:
Anthem Blue Cross and Blue Shield in Connecticut requested a wide range of premium increases, which will take effect Oct. 1, to cover the costs of new benefits required by federal health reform.
Quote:
The Connecticut Department of Insurance approved Anthem's request without changes, including a boost of as much as 22.9 percent just to comply with one provision: eliminating annual spending limits per customer.
Quote:
New provisions mandated by federal law to start Thursday...
Nice try, but it won't work.
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Old 09-18-2010, 03:17 PM
 
26,680 posts, read 28,659,127 times
Reputation: 7943
Quote:
Originally Posted by sanrene View Post
Due to obamacare? YES.

Nice try, but it won't work.
That's not much of an argument, but that's okay. The health care law may be changed, and Republicans may try to defund it, but they will not be able to repeal it.
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Old 09-18-2010, 03:18 PM
 
13,900 posts, read 9,766,243 times
Reputation: 6856
This is why we need a public option. Private companies are only interested in making money.

What was causing the massive rate hikes prior to the health reform law?
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