Q: Will this new insurance regulation drive up my health insurance costs? A: No...

Discussion in 'Politics' started by John_Wensink, Jan 6, 2013.




  1. Employer-Sponsored Health Insurance Premiums Increase 119 Percent from 1999-2008,that averages a double digit 13 % increase a year
     
    #11     Jan 6, 2013
  2. The biggest increases are in the individual market.Most people get coverage from their employers and their increases are lower then the previous decade

    http://www.cnbc.com/id/100356657


    "The proposed increases compare with about 4 percent for families with employer-based policies."
     
    #12     Jan 6, 2013
  3. Mav88

    Mav88

    challenged liberal, your vaunted gov't schools failed you.

    An increase of 119% over 9 years means that the average yearly in increase, I, is given by:

    I=(2.19)^(1/9) = 1.09, or the increase per year was 9%

    It's called compounding, look it up sometime
     
    #13     Jan 6, 2013
  4. How does that work? If you couldn't afford health insurance before Barry how can people afford health insurance with Barry's affordable health care act?

    A broke ass hood rat without insurance is still a broke ass hood rat with Obama care.

    The key word here seems to be "insurance" not treatment. Gang bangers always got treated for gun shot wounds. Pregnant ho's had free pre natal health care and delivery. What's in it for me?
     
    #14     Jan 6, 2013
  5. Lucrum

    Lucrum

    HIGHER TAXES
     
    #15     Jan 6, 2013
  6. Access as in anybody wanting and able to buy health insurance can,before obamacare you could have wanted to buy health insurance but couldn't because of a pre existing condition

    Many poor people will get medicare or get subsidies to help pay their insurance
     
    #16     Jan 6, 2013
  7. <iframe width="420" height="315" src="http://www.youtube.com/embed/JLdA1ikkoEc" frameborder="0" allowfullscreen></iframe>
     
    #17     Jan 6, 2013
  8. 377OHMS

    377OHMS

    Yep:

    % compound interest script
    i = 119 % percent
    y = 9 % years period
    s = 1 % year subperiod

    iy = (1 + (i/100))^(s/y) - 1 % equivalent subperiod interest rate

    iy = 0.0910 or 9.1%

    :)
     
    #18     Jan 6, 2013
  9. But obamacare was supposed to stop the rising cost of healthcare.

    Just admist defeat. You cannot win this one.

    The Q and A was from the whitehouse, not me.


     
    #19     Jan 6, 2013
  10. Link to Obama saying that
     
    #20     Jan 6, 2013