How much have YOUR premiums gone up under the ACA?

Discussion in 'Politics' started by achilles28, Nov 20, 2014.

  1. DHOHHI

    DHOHHI

    #11     Nov 23, 2014
  2. loyek590

    loyek590

    Don't worry. When I become President, I am going to use my constitutional power to issue an executive order to eliminate the personal mandate. If congress doesn't like it, they can PASS A BILL!
     
    #12     Nov 23, 2014
  3. jem

    jem

    that is a great idea. adios the personal mandate and allow insurance to compete across borders.


     
    #13     Nov 23, 2014
  4. Ricter

    Ricter

    A look at 2015 individual market health insurance rate filings
    As open enrollment for the second year of the Affordable Care Act’s health coverage expansion begins, a clearer picture of 2015 health insurance rates has emerged. As of November 11, thirteen states—Colorado, Delaware, Maryland, Michigan, Montana, Nevada, New York, Ohio, Oregon, Rhode Island, South Dakota, Vermont, and Washington—as well as the District of Columbia announced approved rates for both on-exchange and off-exchange health plans on the individual market. In total, HRI has collected data from 48 states and the District of Columbia.

    Among the thirteen states and DC with final rate announcements, the average premium (across metal tiers and ages) is about $363, and the average premium increase from 2014 is 3.4%. By contrast, the average premium increase across all reporting states is 5.2%, and the average premium is $386.

    Though average rate increases hover in the single-digit range, actual changes and premium prices vary significantly across states. In states with approved rates, average rates range from a 22% decrease to a 35% increase (in Colorado).

    Click on individual states in the map to pull up details on 2015 premium rate filings.

    upload_2014-11-23_15-34-5.png


    • State has approved all rate filings

    ** Louisiana is only reporting bids from insurers that are requesting 10% and higher rate increases at this time.
    *** California is reporting a 4.2% weighted average premium rate increase for on-exchange plans only.
    **** Arkansas reports a 2% average premium rate decrease on its health insurance marketplace, which includes the private option for Medicaid-eligible individuals.
    ***** Montana's published rates includes individual, on-exchange plans only (i.e., 4 of 5 plans in state's 2015 individual market).
    ****** New York is reporting a 5.7% average premium rate increase for insurers both on- and off-exchange.
    ******* Ohio's Department of Insurance published average rate data for the federal exchanges in an article on its website.
    ******** Minnesota is reporting an average rate increase of 4.5% for the four companies returning to MNsure (on-exchange plans only) in 2015.
    ********* Nebraska's Department of Insurance reports a sampling of 2015, on-exchange rates.
    ********** Oregon's Department of Insurance reports average 2015 premiums for a single, 40-year-old non-tobacco user who selects a standard silver plan.
    *********** State's premium information is available via Healthcare.gov for on-exchange plans only.
    Methodology

    http://www.pwc.com/us/en/health-industries/health-research-institute/aca-state-exchanges.jhtml
     
    #14     Nov 23, 2014
  5. I didn't realize that Obama forces people into buying Obamacare. I will have to read further into this. I thought people could still look to buy insurance on their own. My bad.
     
    #15     Nov 24, 2014
  6. loyek590

    loyek590

    Obama forces you to buy an Obamacare compliant policy. So, even if you are a single 40 yr male, you must now have maternity coverage whether you buy it on the exchange or not. But the good thing is, your new policy will also cover birth control.
     
    #16     Nov 24, 2014
  7. DHOHHI

    DHOHHI

    And if you don't have kids, who are long since grown up, you're rewarded with paying for pediatric dental and pediatric vision.

    One has to question why they are being FORCED to buy a product that doesn't fit their needs.
     
    #17     Nov 24, 2014
  8. achilles28

    achilles28

    This is off-topic, but I wholeheartedly disagree. "Unintended consequence" is a term thrown around to absolve guilt. Politicians endorse programs that get them re-elected, and excuse away the mishaps and overruns with "we never meant to". It's a calculated political game and they don't give a shit.
     
    #18     Nov 24, 2014
  9. DHOHHI

    DHOHHI

    Our monthly premium will be almost $1300/month versus $425 now. Problem is we just spent 3 hours online and the system is full of bugs and messages saying "Our System is not working" etc. But my wife called and we were told we'll get a call back in 5 to 7 days!!!

    I think some 3rd grade kids wrote the code. Some pages remember data from prior sessions while others don't and it's not related to any data sensitivity. It also doesn't allow you to change basic data such as the address you enter when you start the app. So when they cross check with the Post Office it comes back with uppercase street name and city and says "it doesn't match what you entered" yet what we entered can't be removed or edited. And although we completed every bit of information on the application it won't allow us to choose a plan. Amazing that it could be this screwed up after an year plus of fixes.
     
    #19     Dec 14, 2014
  10. DHOHHI

    DHOHHI