Under the rules within ObamaCare, the difference between the premiums they demand – and the premium price you end up paying, is the bailout amount they will get from HHS via congress. Taxpayers are going to pay the higher premium rate no matter what; the only decision is whether it’s direct or indirect payment.
Washington– Health insurance companies around the country are seeking rate increases of 20 percent to 40 percent or more, saying their new customers under the Affordable Care Act turned out to be sicker than expected. Federal officials say they are determined to see that the requests are scaled back. I’ve been looking at this closely, back home in the EU there is no such nonsense, I get my E1111 plan which has been stable and established for a long time, and we are not foaming with comunism-rabies like America likes to make it seem we do.
Blue Cross and Blue Shield plans — market leaders in many states — are seeking rate increases that average 23 percent in Illinois, 25 percent in North Carolina, 31 percent in Oklahoma, 36 percent in Tennessee and 54 percent in Minnesota, according to documents posted online by the federal government and state insurance commissioners and interviews with insurance executives.
The Oregon insurance commissioner, Laura N. Cali, has just approved 2016 rate increases for companies that cover more than 220,000 people. Moda Health Plan, which has the largest enrollment in the state, received a 25 percent increase, and the second-largest plan, LifeWise, received a 33 percent increase. (read more)
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