Thanks to Obamacare: Health Insurers Warn on Premiums (Corporate Profits, health care, how much)

[All American NYC]

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......

Nothing the government touches becomes affordable.

[MotleyCrew]

Just look back to 2010 when we were arguing over the costs of the plan and the leftist Obama supporters all screamed that this would lower our costs of insurance. Looks like the evil insurance companies will make billions on this scam......Wait until 2014 when the liberal mouth breathers get their bill.

[HappyTexan]

Gimme a break..my premiums increased more than normal starting with my 2010 coverage.
Raised 20% instead of the normal 10%. Two years with UnitedHealth Care and then one year with Aetna.
I didn't change anything with my coverage (PPO) and the premium increased 20% each year for the past 3 years.

I guess I was one of the unlucky ones since so many C-Ders post their premiums haven't changed or went down.

[bcr229]

This year my company kept premiums down by dumping the PPO and HMO plans. The only option is the high-deductible catastrophic plan with associated HSA. It's great for the young, healthy folks who normally just see the doctor for an annual checkup, not so much for anyone with a chronic health condition.

[AeroGuyDC]

Originally Posted by All American NYC

Nothing the government touches becomes affordable.

Obama hates corporate profits, that much is clear by his actions and his words. But did he seriously think that insurance companies were about slash profits in order to help him social engineer this country into oblivion?

[freemkt]

Originally Posted by All American NYC

Nothing the government touches becomes affordable.

Then won't more people become exempt from the individual mandate?

[jimj]

Originally Posted by HappyTexan

Gimme a break..my premiums increased more than normal starting with my 2010 coverage.
Raised 20% instead of the normal 10%. Two years with UnitedHealth Care and then one year with Aetna.
I didn't change anything with my coverage (PPO) and the premium increased 20% each year for the past 3 years.

I guess I was one of the unlucky ones since so many C-Ders post their premiums haven't changed or went down.

Yep, insurance companies read the laws concerning caps to how much they are going to be "allowed" to make and did the obvious thing, crank up rates as much as possible while you can.

I was curious about what costs I could be looking at to insure my wife starting next year so I went to the state we're looking at moving to and they already have their program on the internet with a policy calculator.
$348 per month. 50 yr old non smoker in good health. In the state we're now in before Obamacare takes effect it goes from $160-$250 depending on deductible.
Sorry, we'll take the uncollectible fine for $95 Alex! Question: What is the penalty for not buying into Obamacare.