Tag Archives: rate shock

Obamacare: Won’t Publish Rate Hikes … ‘Til After the Election!!

Posted on October 17, 2014 by OCTS4

Your New Premium?  You Have to Vote Before We Can Tell You What’s In It Comment:  Obamacare’s House of Lies, latest installment–you don’t get to hear Obamacare’s real costs until after the election.  How on earth is a government by … Continue reading →

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Rate Shock: NY Non-Profit Files For 15.2% Rate Hike

Posted on August 25, 2014 by OCTS4

You Can’t Keep Your Premium Either Comment: We all know you can’t keep your doctor or your plan, and, except for a few lucky ones, you won’t be saving anything, much less $2,500.  Now the 3% of Americans forced into … Continue reading →

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Major Obamacare Insurance CEO: Obamacare Isn’t Affordable

Posted on July 31, 2014 by OCTS4

Comment: The CEO of one of America’s biggest Obamacare insurers (and beneficiaries) has some startling admissions: Obamacare doesn’t address cost, is not affordable, and the only way costs are controlled is when consumers make individual choices. ” The Affordable Care … Continue reading →

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RATE SHOCK: Calif. Rates Leap 22-to-88 Percent in 2014

Posted on July 31, 2014 by OCTS4

Comment: The Administration is crowing about Obamacare rebates, but strangely silent on the (much larger) Obamacare rate hikes that pay for them. “DOI found that premiums for individuals increased by between 22% and 88% in 2014 (Aliferis, “State of Health,” … Continue reading →

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#RateShock – Study: Average Obamacare Hike is 49 percent

Posted on July 25, 2014 by OCTS4

Comment: All the suffering we’ve seen so far has come from only about 5 percent of America–those who buy their own individual policies.  Delays in the employer provisions have hidden the impacts from most Americans for a couple more years–individual … Continue reading →

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Our Lying Obamacare Overlords, Part II – Premiums

Posted on July 17, 2014 by OCTS4

Comment: To save the 2014 election, the White House is forcing insurers to lie about their Obamacare premiums. HHS is coercing insurers to price Obamacare products below actual cost, and promising to pay off those that “play nicely” later with … Continue reading →

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Obamacare Rate Shock Hits Workers

Posted on June 6, 2014 by OCTS4

Comment: The Affordable Care Act? What happened to “Affordable”? “More employees are getting hit with higher health insurance premiums and co-payments, and many don’t have the money to cover unexpected medical expenses, a new report finds.” “More than half of … Continue reading →

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Ohio Premiums? Up, Up, and Away!

Posted on June 4, 2014 by OCTS4

Comment: So much for “Affordable”… “Insurance regulators in Ohio say their residents can expect their premiums to spike by double digits on the federal exchange created for the state under Obamacare. Individuals will see an average rise of 13 percent, … Continue reading →

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Obamacare: Rodan and Godzilla Strike 90,000 Nevadan Plans

Posted on May 7, 2014 by OCTS4

90,000 Plans at Risk, Crushing Low-Wage Workers “Local insurance brokers are reporting spikes ranging from 35 percent to 120 percent on policies that renew from July to December” “[...] The changes put as many as 90,000 policies across Nevada at … Continue reading →

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Shocked by Obamacare Rate Hikes? These Are (Still) Just the Teaser Rates

Posted on February 8, 2014 by OCTS4

Comment: Wellpoint’s filing suggests it expects to lose 13% (and receive an offsetting 10.8% tax-payer bailout) on its Obamacare exchange policies (rough figures).  This implies Wellpoint would have to hike rates an additional 16% to achieve a 3% profit on … Continue reading →

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