{"id":10199,"date":"2012-12-13T15:07:05","date_gmt":"2012-12-13T20:07:05","guid":{"rendered":"http:\/\/angry.net\/blog2\/?p=10199"},"modified":"2019-05-02T05:23:11","modified_gmt":"2019-05-02T09:23:11","slug":"about-those-obamacare-savings","status":"publish","type":"post","link":"https:\/\/angry.net\/blog2\/?p=10199","title":{"rendered":"About those Obamacare savings?"},"content":{"rendered":"

Never mind, they won\u2019t be happening. In fact, your insurance rates are going to skyrocket as much as 100%. Already companies are looking to increase rates thanks to Obamacare\u2019s mandates.<\/p>\n

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Already Blue Shield of California is looking for a 20% hike in premiums. According to the LA Times:<\/p>\n

Health insurer Blue Shield of California wants to raise rates as much as 20% for some individual policyholders, prompting calls for the nonprofit to use some of its record-high reserve of $3.9 billion to hold down premiums.<\/p>\n

In filings with state regulators, Blue Shield is seeking an average rate increase of 12% for more than 300,000 customers, effective in March, with a maximum increase of 20%.<\/p><\/blockquote>\n

That is a pretty steep hike, especially since Obama promised that our rates would plummet. (And unicorn farts will provide clean energy too)<\/p>\n

Some consumer advocates and healthcare economists say Blue Shield shouldn’t be raising rates that high when it has stockpiled so much cash. The company’s surplus is nearly three times as much as the Blue Cross and Blue Shield Assn. requires its member insurers to hold to cover future claims.<\/p><\/blockquote>\n

There\u2019s a reason they have a reserve of cash this large too.<\/p>\n

Blue Shield said its reserves have nothing to do with rate increases, and that money has been put aside for the future benefit of its policyholders.<\/p>\n

“Reserves are needed to ensure our members’ claims can be paid no matter what,” said Blue Shield spokeswoman Lindy Wagner. “We need them to protect against uncertainties like a pandemic or another crisis.”<\/p><\/blockquote>\n

And that crisis will be upon us in 2014. That\u2019s when Obamacare fully kicks in and the medical system in America collapses completely. The CEO of Aetna see\u2019s even bigger hikes in the future. Here are some of the details from Bloomberg<\/a>.<\/p>\n

Health insurance premiums may as much as double for some small businesses and individual buyers in the U.S. when the Affordable Care Act\u2019s major provisions start in 2014, Aetna Inc. (AET)<\/a>\u2019s chief executive officer said.<\/p>\n

While subsidies in the law will shield some people, other consumers who make too much for assistance are in for \u201cpremium rate shock,\u201d Mark Bertolini, who runs the third-biggest U.S. health-insurance company, told analysts yesterday at a conference in New York. The prospect has spurred discussion of having Congress delay or phase in parts of the law, he said.<\/p>\n

\u201cWe\u2019ve shared it all with the people in Washington and I think it\u2019s a big concern,\u201d the CEO said. \u201cWe\u2019re going to see some markets go up as much as as 100 percent.\u201d<\/p><\/blockquote>\n

No, they shouldn\u2019t be discussing delaying parts of Obamacare. It needs to die. It is a disaster happening right now. These rate increases along with the tax increases on tanning and medical devices are just the beginning. It will get a lot worse. Not everyone agrees of course.<\/p>\n

Bertolini\u2019s prediction is at odds with Congressional Budget Office estimates that the law will have little effect on small and large-employer plans and the Obama administration\u2019s projections that middle-class families will actually save money. The 2010 law is expected to extend health care to about 30 million people who otherwise couldn\u2019t get insurance, paid for by new taxes and fees on companies and wealthier individuals.<\/p><\/blockquote>\n

The CBO has not been known for accuracy with these things. In fact, the CBO has been so wrong so many times that people just don\u2019t believe them. To me, (and others), it looks like they just make things up as they go along. As to this \u201c30 million uninsured,\u201d that number has been proven false time and time again.<\/p>\n

The Obama administration said last year that \u201cmiddle-class families\u201d buying insurance through the law\u2019s new online exchanges may save as much as $2,300 a year starting in 2014.<\/p><\/blockquote>\n

Gee, that should put my rates back where they were just before that lying, incompetent SCoaMF won the election in 2008. Will that decline actually happen? Do the words \u201cHELL NO!!\u201d give you a clue?<\/p>\n

About 43 percent of people who buy on the exchanges, or individual markets outside of them, won\u2019t be eligible for subsidies, according to the report. They would see premium increases \u201csomewhat less\u201d than 10 percent to 13 percent, CBO predicted.<\/p><\/blockquote>\n

BWAHAHAHAHAHAHAHA!!!! Pull the other finger, it has a bell on it. Obamacare was designed to do several things. Lowering insurance rates and increasing coverage wasn\u2019t one of them. It was designed to destroy the health insurance system and force the creation of a single payer, government run healthcare system, similar to the disaster that is the British National Health Service ((Healthcare in the United Kingdom<\/a>)). The NHS is noted for bad medical care and killing patients. It has collapsed and you take your life in your hands if you enter into one of their hospitals ((The NHS: A guide for Americans under Obamacare)).<\/p>\n

\"Obamacare,<\/a><\/p>\n

Obamacare was rammed down the throats of Americans who do not want it. They see what will happen if it is implemented. Last spring, we all expected the Supreme Court to put a stake through the heart of this blatently unconstitutional mess. Little did we know that Chief Justice John Roberts would basically rewrite everything so that he could uphold it. (In a clear violation of the Constitution. That coward couldn\u2019t stand the possibility that he would not be invited to the Beltway Elites parties)<\/p>\n

Now we are seeing the states refusing to set up these exchanges. Obama and his cronies have been caught by surprise over this. Now the Federal Government will have to set up the exchanges and they aren\u2019t prepared to do so. Already the corruption and incompetence are starting to leak out ((The. Sebelius Coverup)).<\/p>\n

No, Obamacare purpose is to end the freedom of Americans and enslave the people to the state. Nothing more. You voted to keep King Putt you morons, and yet you expected him to actually listen to what you wanted? (End Obamacare and cut spending) Silly rabbits. Trix are for kids… And moonbats.<\/p>\n

Thatisall<\/p>\n

~The Angry Webmaster~<\/b><\/i><\/p>\n\"1\"2\"3\"4\"5 (2<\/strong> votes, average: 1.00<\/strong> out of 5)
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WyBlog — Remember when Obamacare was gonna save us …<\/h3>\n<\/div>\n
The Commonwealth Fund, a privately funded, New York-based health research clearinghouse, looked at premiums across the conutry and found the average cost of a family health insurance plan is just above $15,000 \u2014 up 62 percent since 2003. Median family income … The study’s author’s believe that the Affordable Care Act makes small steps toward reduce the rate with which costs increase, but predicts they will still rise far faster than median income. Obamacare: You get less …<\/div>\n
http:\/\/wyblog.us\/blog \u2014 Thu, 13 Dec 2012 11:40:00 -0800<\/span><\/div>\n<\/div>\n
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Fed defines madness: Repeatedly does the same thing, expecting a …<\/a><\/h3>\n<\/div>\n
Those purchases, and the Fed’s renewed commitment to keep interest rates low until unemployment falls to a more normal level, are intended to spur borrowing and spending in an economy still growing only modestly since the financial crisis of 2008. … In short, interest rates flow through the economy, with some people and businesses paying and some receiving. ….. \u2013Obamacare survives Supreme Court \u00b7 Good news! … \u2013AARP’s big lie and why you shouldn’t buy their insurance.<\/div>\n
http:\/\/rodgermmitchell.wordpress.com\/<\/a> \u2014 Thu, 13 Dec 2012 11:09:21 -0800<\/span><\/div>\n<\/div>\n
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Aetna CEO: Obamacare Likely to Double Small Business, Individual …<\/a><\/h3>\n<\/div>\n
Health insurance premiums could possibly double in costs, for some small businesses and individual buyers in the U.S. when the Affordable Care Act’s major provisions start in 2014, Aetna Inc.’s chief executive officer said. Even though some … The Obama administration said last year that \u201cmiddle-class families\u201d buying insurance through the law’s new online exchanges may save as much as $2,300 a year starting in 2014. Nick Papas, a … Revenue may rise 9 percent to $38.6 billion.<\/div>\n
http:\/\/newsdeskinternational.wordpress.com\/<\/a> \u2014 Thu, 13 Dec 2012 10:15:20 -0800<\/span><\/div>\n<\/div>\n
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Medicaid Savings Illusory Under Obamacare Expansion, Critics Say …<\/h3>\n<\/div>\n
\u201cBut research shows that once insurance coverage is provided \u2014 in this case mandated \u2014 new enrollees quickly increase their use-intensity of health care services and become just as costly as those already enrolled into the program.\u201d In other words, those enrolling in Medicaid … Under Obamacare, from 2013-22 state costs would rise from $68 billion with no Medicaid enrollment expansion to $71.1 billion with expansion, or $3.1 billion more. The federal costs would increase from …<\/div>\n
http:\/\/www.ncspin.com\/ \u2014 Thu, 13 Dec 2012 10:14:51 -0800<\/span><\/div>\n<\/div>\n
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Saving Medicare Through Premium Support – Medicare Buz<\/h3>\n<\/div>\n
Earlier this year CMS projected that the standard premium for Medicare Part B (which covers certain doctors’ services, outpatient care, medical supplies, and preventive services) would rise by more than $9.00 a month in 2013. However … This would not just force those near retirement to pay the full cost of their insurance, but since private insurance is a worse bargain these seniors would need to pay even more to get the same level of coverage Medicare would have provided. Source: …<\/div>\n
http:\/\/medicarebuz.com\/ \u2014 Thu, 13 Dec 2012 10:05:31 -0800<\/span><\/div>\n<\/div>\n
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More Signs of Rate Shock and Awe | The Health Care Blog<\/a><\/h3>\n<\/div>\n
Last week, I reported on my informal survey of health insurance companies and their estimate for how much rates will rise on account of the Affordable Care Act (\u201cObamacare\u201d). Today, there are press reports quoting the CEO of Aetna with their …<\/div>\n
http:\/\/baarswestside.blogspot.com\/<\/a> \u2014 Thu, 13 Dec 2012 10:05:00 -0800<\/span><\/div>\n<\/div>\n
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Medical companies brace for ‘devastating’ ObamaCare tax, prepare …<\/a><\/h3>\n<\/div>\n
What this means for companies such as Melinyshin’s, is that his total tax burden on profits will rise from 43 percent to 65 percent next year. … Next Post Aetna CEO: Obamacare Likely to Double Small Business, Individual Insurance Premiums …<\/div>\n
http:\/\/newsdeskinternational.wordpress.com\/<\/a> \u2014 Thu, 13 Dec 2012 09:48:35 -0800<\/span><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Never mind, they won\u2019t be happening. In fact, your insurance rates are going to skyrocket as much as 100%. Already companies are looking to increase rates thanks to Obamacare\u2019s mandates. Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":10202,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[37,7,100,71,8,35],"tags":[11,52,13,134,17,18,8,21,110,23,24,27],"class_list":["post-10199","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-liberty-politics","category-medicine","category-moonbat","category-news-of-the-day","category-politics","category-tyranny","tag-america","tag-constitution","tag-healthcare","tag-king-putt","tag-liberty","tag-obama","tag-politics","tag-scams","tag-scoamf","tag-slavery","tag-socialism","tag-totalitarianism"],"views":1248,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/angry.net\/blog2\/wp-content\/uploads\/2012\/12\/600026_560399050642360_1124628221_n.jpg?fit=634%2C600&ssl=1","jetpack-related-posts":[{"id":10502,"url":"https:\/\/angry.net\/blog2\/?p=10502","url_meta":{"origin":10199,"position":0},"title":"Health Insurance rates climb by double digits","author":"Angry Webmaster","date":"January 6, 2013","format":false,"excerpt":"Well now, this was...unexpected...NOT! Thanks to the disaster that is Obamacare, insurance companies are asking for and getting massive rate increases. According to Il Douche, this is just the opposite of what was supposed to happen.","rel":"","context":"In "liberty"","block_context":{"text":"liberty","link":"https:\/\/angry.net\/blog2\/?cat=37"},"img":{"alt_text":"Obamacare, Shovel Ready","src":"https:\/\/i0.wp.com\/angry.net\/blog2\/wp-content\/uploads\/2012\/12\/600026_560399050642360_1124628221_n-150x150.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":18493,"url":"https:\/\/angry.net\/blog2\/?p=18493","url_meta":{"origin":10199,"position":1},"title":"Health insurers seek big rate hikes","author":"Angry Webmaster","date":"July 7, 2015","format":false,"excerpt":"And in other news, fire is hot, water is wet and Obama is a moron. This has become a standing headline since the misnamed Affordable Care Act was rammed through congress and jammed down the throats of Americans.","rel":"","context":"In "medicine"","block_context":{"text":"medicine","link":"https:\/\/angry.net\/blog2\/?cat=7"},"img":{"alt_text":"crazy_doctor","src":"https:\/\/i0.wp.com\/angry.net\/blog2\/wp-content\/uploads\/2012\/02\/crazy_doctor.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":46479,"url":"https:\/\/angry.net\/blog2\/?p=46479","url_meta":{"origin":10199,"position":2},"title":"One benefit of removing illegal aliens? Car insurance rates dropping","author":"Angry Webmaster","date":"February 10, 2026","format":false,"excerpt":"Good day all. As we have seen, the Democrat Party is actively trying to protect illegal aliens, especially those who have committed additional crimes from being deported. They are going against the majority of Americans. One reason that American citizens and Legal Resident Aliens are on board with the mass\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/angry.net\/blog2\/?cat=176"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/i.pinimg.com\/736x\/b3\/59\/83\/b3598322c2639ab8b36c892e790c0a27.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":6638,"url":"https:\/\/angry.net\/blog2\/?p=6638","url_meta":{"origin":10199,"position":3},"title":"Health Insurance rates going up","author":"Angry Webmaster","date":"February 13, 2012","format":false,"excerpt":"Good day all, Angry Webmaster here, angrier than usual. I\u2019ve just paid my quarterly health insurance bill, so as expected, I\u2019m steaming mad.","rel":"","context":"In "medicine"","block_context":{"text":"medicine","link":"https:\/\/angry.net\/blog2\/?cat=7"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/angry.net\/blog2\/wp-content\/uploads\/2012\/02\/crazy_doctor.jpg?fit=225%2C280&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":20929,"url":"https:\/\/angry.net\/blog2\/?p=20929","url_meta":{"origin":10199,"position":4},"title":"More great Obamacare news","author":"Angry Webmaster","date":"April 15, 2016","format":false,"excerpt":"Good day all If this is Friday, it\u2019s time for more bad news from Obamaland. In news that will only surprise the Kool-Ade drinkers that think Obamacare is the best thing ever, insurance companies are seriously looking at pulling out of the exchanges. When Obama and the Democrats rammed this\u2026","rel":"","context":"In "Crime"","block_context":{"text":"Crime","link":"https:\/\/angry.net\/blog2\/?cat=3"},"img":{"alt_text":"obamacare trainwreck","src":"https:\/\/i0.wp.com\/angry.net\/blog2\/wp-content\/uploads\/2013\/10\/obamacare-trainwreck-300x178.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":11343,"url":"https:\/\/angry.net\/blog2\/?p=11343","url_meta":{"origin":10199,"position":5},"title":"Obamacare premiums due to massively increase","author":"Angry Webmaster","date":"March 27, 2013","format":false,"excerpt":"Good day all. The news about Obamacare is just getting better and better. 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