Health Insurers Urge Brokers To Brace For Sharp Increases In Premium Costs & Obamacare Health Insurance Exchanges (Update)

SEE3772's Avatar
The Wall Street Journal reports that health insurers are quietly issuing this warning to brokers. Meanwhile, an Ohio insurance company will drop its lawsuit regarding confusion over rules related to the health law's high risk insurance program.

The Wall Street Journal: Health Insurers Warn On Premiums
Health insurers are privately warning brokers that premiums for many individuals and small businesses could increase sharply next year because of the health-care overhaul law, with the nation's biggest firm projecting that rates could more than double for some consumers buying their own plans (Mathews and Radnofsky, 3/21).

The Associated Press: Ohio Health Insurance Company Drops Lawsuit
An Ohio health insurance company dropped its lawsuit Thursday against state and federal officials over confusion in rules for a program for patients with pre-existing medical conditions. At issue is a high-risk insurance pool created by President Barack Obama's health care law targeting patients turned away by insurance companies because of such conditions as cancer or heart disease (Sanner, 3/21).

Meanwhile, in other news, the Centers for Medicare and Medicaid released a brief about who the nation's uninsured are.

Kaiser Health News: Capsules: Who Are The Uninsured? The Feds Parse The Numbers

There are 48.4 million uninsured Americans — about 18 percent of the population — according to the last Census. But who are they? And what is the best way to get them signed up for new health insurance coverage options that roll out this fall? The U.S. Centers for Medicare and Medicaid Services has just released a brief for those with a stake in getting people signed up, including insurers, consumer advocates and state officials. The analysis breaks the uninsured down by age, race, geography and "lifestyle and psychographic segments" (Gold, 3/22).

This is part of Kaiser Health News' Daily Report - a summary of health policy coverage from more than 300 news organizations. The full summary of the day's news can be found here and you can sign up for e-mail subscriptions to the Daily Report here. In addition, our staff of reporters and correspondents file original stories each day, which you can find on our home page.

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No that can't be true. The Ozombies said it would not happen? They love the people. They could not lie to us?

COULD THEY?
Yssup Rider's Avatar
I am pretty sure you are illiterate IFFY.

Also, SEE, how many self insured corporations (most all the large employers in this country) are reporting the same to Wall Street brokers?
CuteOldGuy's Avatar
I thought it was going to be free? Or at least save us $2500 per year? Could it be that . . .

OBAMA LIED!?!?!?!?!
Yssup Rider's Avatar
You're an imbecile.

It should be free. But your party insisted on keeping private insurance companies (read ROBBER BARONS) in the mix,

But you're still an imbecile.

Stick to cutting and pasting. Your rhetoric is passé and bullshit.
You're an imbecile.

It should be free. But your party insisted on keeping private insurance companies (read ROBBER BARONS) in the mix,

But you're still an imbecile.

Stick to cutting and pasting. Your rhetoric is passé and bullshit. Originally Posted by Yssup Rider
Who do you think is paying for this crap?
CuteOldGuy's Avatar
My party opposed Obamacare in any form.
Randy4Candy's Avatar
Thanks, guys, for swilling insurance company kool aide and meekly following instructions, sheep.
TexTushHog's Avatar
A few policies will have to go up. Cut rate group policies tht don't cover much is ine category. Also individual policies that either don't cover much or were purchased by very healthy young individuals. Other than that, there shouldn't be many that will go up. If they do raise premiums that aren't justified by real underwriting risks, the 80% medical loss ratio refun provision will get you a refund. Relax, and don't believe the bullshit. I have high quality group coverage in the employees of my two companies. Our premiums have gone up a total of 4% in the past two years.
You're an imbecile.

It should be free. But your party insisted on keeping private insurance companies (read ROBBER BARONS) in the mix,

But you're still an imbecile.

Stick to cutting and pasting. Your rhetoric is passé and bullshit. Originally Posted by Yssup Rider
you sir are the biggest asshole on this board, you never have anything intelligent to say, your comments are always hateful, and if we do go to a single payer government run health care you will be working just to pay for it

you are such a dumb ass