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Old 02-22-2013, 02:30 PM
 
Location: Ohio
24,621 posts, read 19,170,143 times
Reputation: 21738

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Quote:
Originally Posted by Mathguy View Post
Companies want to avoid a double digit increase and the additional regulatory muck at all costs.

So, what they are doing is instead of filing for say....15% every 2 years....they are making sure to file for <10% but more frequently.
^^^ This ^^^

...is Reality™.

You also see that a lot with public utilities (rep-worthy post, but I have to spread the love around -- sorry).

Applauding...

Mircea
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Old 02-22-2013, 02:32 PM
 
Location: Texas State Fair
8,560 posts, read 11,214,794 times
Reputation: 4258
Quote:
Originally Posted by rorqual View Post
Researchers combed through data available from the 15 states that publicly post all requests for rate increases in the individual market. They found that, in 2009, 74 percent of all requests came in above 10 percent. By 2012, that number had fallen to 35 percent. Preliminary data for 2013, which only cover a handful of states, shows 14 percent of rate increases asking for a double-digit bump.


Ofcourse conservatives just want the "Let him die!" health care scenario to materialize..

Big health insurance rate hikes are plummeting
Cool... looks like consumers are finding a way to cut costs...

Why your boss is dumping your wife - MarketWatch
Quote:
By denying coverage to spouses, employers not only save the annual premiums, but also the new fees that went into effect as part of the Affordable Care Act. This year, companies have to pay $1 or $2 “per life” covered on their plans, a sum that jumps to $65 in 2014. And health law guidelines proposed recently mandate coverage of employees’ dependent children (up to age 26), but husbands and wives are optional.
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Old 02-22-2013, 03:01 PM
 
Location: Where they serve real ale.
7,242 posts, read 7,907,352 times
Reputation: 3497
It's very good news that the rate of increase is going down. It's gone from almost 80% increases per year before health care reform was passed down to just ~10%. I'd like it to go down more but 1/8th the rate of increase is a very, very good thing.

BTW notice how reality is yet again completely different from the right wing lies about health care reform? It's almost like they were completely misinformed or deliberately lying, huh?
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Old 02-22-2013, 03:13 PM
 
23,838 posts, read 23,123,773 times
Reputation: 9409
Quote:
Originally Posted by Think4Yourself View Post
It's very good news that the rate of increase is going down. It's gone from almost 80% increases per year before health care reform was passed down to just ~10%. I'd like it to go down more but 1/8th the rate of increase is a very, very good thing.

BTW notice how reality is yet again completely different from the right wing lies about health care reform? It's almost like they were completely misinformed or deliberately lying, huh?
Didn't read the thread, did you.
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Old 02-22-2013, 03:15 PM
 
Location: CHicago, United States
6,933 posts, read 8,493,925 times
Reputation: 3510
Quote:
Originally Posted by rorqual View Post
Researchers combed through data available from the 15 states that publicly post all requests for rate increases in the individual market. They found that, in 2009, 74 percent of all requests came in above 10 percent. By 2012, that number had fallen to 35 percent. Preliminary data for 2013, which only cover a handful of states, shows 14 percent of rate increases asking for a double-digit bump.


Ofcourse conservatives just want the "Let him die!" health care scenario to materialize..

Big health insurance rate hikes are plummeting
I'm with one of the Blue Cross/Blue Shield plans which is employer sponsored. Our premiums went down starting January 1, and the co-pay went down for doctors and pharmacy.
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Old 02-22-2013, 10:45 PM
 
78,417 posts, read 60,613,724 times
Reputation: 49719
Quote:
Originally Posted by Think4Yourself View Post
It's very good news that the rate of increase is going down. It's gone from almost 80% increases per year before health care reform was passed down to just ~10%. I'd like it to go down more but 1/8th the rate of increase is a very, very good thing.

BTW notice how reality is yet again completely different from the right wing lies about health care reform? It's almost like they were completely misinformed or deliberately lying, huh?
Moronic post.

FYI- THe state of GA once instituted a maximum rate increase of 9.9% and the product I supported there needed a 30% increase. I filed for 9.9% every 6 months until I got caught up.

But at least their rules kept the rates down! lmfao......idiocy.
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Old 02-22-2013, 10:46 PM
 
78,417 posts, read 60,613,724 times
Reputation: 49719
Quote:
Originally Posted by AeroGuyDC View Post
Didn't read the thread, did you.
Not a chance. They might learn something and that is wholely unacceptable.
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Old 02-23-2013, 08:07 AM
 
Location: Wonderland
67,650 posts, read 60,925,505 times
Reputation: 101083
Quote:
Originally Posted by gomexico View Post
I'm with one of the Blue Cross/Blue Shield plans which is employer sponsored. Our premiums went down starting January 1, and the co-pay went down for doctors and pharmacy.
Weird. Our BCBS plan just went up $75 a month. Co pay remains the same.
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Old 02-23-2013, 11:49 AM
 
6,137 posts, read 4,861,475 times
Reputation: 1517
Quote:
Originally Posted by le roi View Post
Government involvement and government spending aren't the same thing, either.

Jesus, get it together.
Wow.

You missed the point entirely.
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Old 02-23-2013, 04:32 PM
 
78,417 posts, read 60,613,724 times
Reputation: 49719
Quote:
Originally Posted by KathrynAragon View Post
Weird. Our BCBS plan just went up $75 a month. Co pay remains the same.
They have various plans and yours may also be large enough to have it's own experience rating. Also might be that your employer is contributing less....

Just impossible to draw any conclusions from people saying their rates went up or down unless we know about the totality of whom is contributing to pick up the tab, if they have the same exact plan as the previous year or more\less benefits and so on and so forth.

Funny that the OP never came back after some of us that have worked in the industry laughed off the claim that the study shows any sort of rate improvement.

To reiterate, the State of Georgia back around 2000 instituted and unofficial rate cap of 9.9%. Ask for more and they'd pretty much stone wall your rate request. I'm the actual guy that filed rates for a 100million product line countrywide and again....I just filed MORE OFTEN for exactly 9.9%.
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