Tag Archives: rate shock

RATE SHOCK: 85% Hikes for California Small Businesses

Posted on October 27, 2015 by OCTS4

70% of California Small Businesses to Lose Their Plans in 2016 Comment: How long until reasonable employers discontinue offering insurance? Does anyone remember being told that if you liked your plan you could keep it?  If you already had a plan … Continue reading →

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Obamacare Co-ops Crumble: Tennessee

Posted on October 19, 2015 by OCTS4

Comment: See?  We told you so.  (And all the King’s horses and all the King’s men, couldn’t put Obamacare together again…) UPDATE – at this writing, eight Obamacare co-ops have flopped. “Tennessee will become the sixth state to shut down … Continue reading →

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Obamacare Closes Three Tennessee Schools

Posted on October 15, 2015 by OCTS4

Comment: This is why we here at OCTS call it the “UnAffordable Care Act,” (when we’re feeling charitable). “Clay County’s inability to generate the revenue to offset the mandates is what’s caused this to come to a head,” Strong said … Continue reading →

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ACA Apparatchik: Good News! Obamnocare’s Limited Choice and Higher Cost-Sharing Are Intentional

Posted on October 8, 2015 by OCTS4

Comment: Another Obamacare bait-and-switch—your wallet-busting rate-shock premiums would be even higher except they buried some of the cost into higher deductibles, coinsurance, and co-pays.  It’s a classic Obamacare bait-and-switch (which would be illegal if it were a defective used car, … Continue reading →

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Obamacare is a Weapon of Mass Destruction, Exhibit 28

Posted on September 18, 2015 by OCTS4

“When insurers requested huge rate hikes for their 2016 ObamaCare plans, we were told not to worry because state regulators would force them down. But that’s not happening. Death spiral, anyone?” “In Alaska, the state regulator approved a 39.6% rate … Continue reading →

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The Administration is Lying About Premium Increases

Posted on September 15, 2015 by OCTS4

Comment: The Administration is publicly boasting about Obamacare’s supposedly low premium hikes. Meanwhile, they’re paying insurers under the table to keep rate increases lower than they otherwise would be. OCTS has previously published documentation showing that Obamacare has raised individual … Continue reading →

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RATE SHOCK Season III – 34.6% Hikes in North Carolina

Posted on August 11, 2015 by OCTS4

Comment: As insurers’ Obamacare bailouts end–and as they are finally able to tally their actual, real-life cost of providing bloated Obamacare policies–the cruel Orwellian irony of calling 2010′s Act of bloated government medicine “the Affordable Care Act” becomes inescapable. As … Continue reading →

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RATE SHOCK Season III – Delaware’s Largest Insurer Hikes 25.4 Percent!

Posted on August 11, 2015 by OCTS4

Comment: Can you afford me now? “In Delaware, Highmark Blue Cross Blue Shield has filed for an average rate increase of 25.4 percent for 2016 ACA individual plans. The specific rate increase would vary by plan, ranging from 19.6 percent … Continue reading →

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Minnesota Obamacare Bailouts

Posted on July 10, 2015 by OCTS4

Comment: Obamacare calling, “Can you afford me now?  How about now?” (Folks, we over at the Obamacare Truth Squad take no joy laughing our heads off at these fools’ failures, or chortling “We told you so,” rolling down the stairs … Continue reading →

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Massive Obamacare Bailouts! (CoveredCA)

Posted on July 9, 2015 by OCTS4

Comment: A $1.172 billion bailout for 1.365 million enrollees amounts to $859 per insured person on California’s exchange! CoveredCA policy premiums then are lies, at least $859 too low; understate the actual cost; and means that CoveredCA’s already-high average premium … Continue reading →

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