Friday, January 31, 2014

Another 25% Rate Increase In Health Insurance Premiums

I just opened a letter from Anthem advising me that my monthly health insurance premiums are increasing another 25%. The letter attributes the rising premiums to the Affordable Care Act. This is insanity. I've purchased my own health insurance for more than a decade and paid plenty more in out-of-pocket health care-related expenses not covered by my insurance during which time my premiums have increased more than 700%. What's the point in even trying any more? Let's face it. This country is doomed and President Barack Hussein Obama Soebarkah could not be more happy about the grief and despair he's causing for honest, hard-working Americans. And officials at Anthem's parent company, Wellpoint, have the gall to claim that Obamacare is working after blaming the ACA for rising premium costs. Yeah, working to make their selfish, greedy executives multi-billionaires at the expense of policy holders.

5 comments:

Edward Harris said...

Yes...premiums are indeed increasing. The scary part is that 2015 rates have yet to be calculated. If more healthy young persons don't enroll in the next few months, we may see increases of 5%-15% next year.

Marycatherine Barton said...

And about our country being doomed, Stew Webb, known as a federal whistleblower-activist, provides evidence of this in his report posted yesterday at VeteransToday:

"AIPAC and Abramoff Operated Child Sex Blackmail Ring.".

I didn't vote for either Obama or Romney, and was opposed to Obamacare and Romneycare.

Anonymous said...

The insurance companies selected indeed need scrutiny under each state that opted out of an Exchange... Political contributions...Could be...And the market is driven by more choices if not in an exchange and matters show that there are few options....Read on:http://www.fiercehealthpayer.com/story/wellpoint-insurers-spend-millions-stop-rate-hike-justification/2014-02-03?utm_campaign=SocialMedia

Gary R. Welsh said...

Well, the Indiana Department of Insurance isn't going to scrutinize the insurance companies. It's always been nothing more than an industry advocate. Most of the their top employees have job applications with the major insurance companies and trade organization pending at any given time.

Anonymous said...

You got it....I suspect we will be hearing more about Single Payer as first suggested by Pres. Check out what is going on in Maryland...