Thursday, September 26, 2013

Bend Over and Cough: Some Insurance Rates to Quadruple with Obama’s “Good Deal” on Healthcare



Bend Over and Cough: Some Insurance Rates to Quadruple with Obama’s “Good Deal” on Healthcare
Kimberly Paxton
www.TheDailySheeple.com
September 25th, 2013





When you live in a fancy house paid for by taxpayers, go on dozens of luxury vacations per year paid for by taxpayers, and have armies of servants cooking for you, cleaning for you, and protecting you (also paid for by…you guessed it – the taxpayers), I think it’s fair to say your perception on a “good deal” might be a little bit skewed.
President Obama feels that the new premiums based on the Affordable Care Act (Obamacare to the masses) are quite reasonable. A positive benefit. An absolute boon to the middle class. “You’ve had is an unprecedented effort that you’ve seen ramp up in the past month or so that those who have opposed the idea of universal health care in the first place — and have fought this thing tooth and nail through Congress and through the courts — trying to scare and discourage people from getting a good deal,” Obama said. (source)
However, people have begun finding out how much they’re going to be paying.
And their ideas of  ”reasonably priced” seem to differ with that of the President.
One family in Kentucky got an unpleasant surprise when their premiums changed….it went from $333 a month to $965 a month. That’s right. With Obamacare, the family will pay nearly ONE THOUSAND DOLLARS A MONTH for the exact same coverage.
“When I saw the letter when I came home from work, it said ‘your action required, benefit changes, act now.’ Of course, I opened it immediately,” said Andy Mangione.
Andy Mangione told Fox News veteran reporter Jim Angle that nothing had changed about the health of his wife, himself, or their two boys.
“This is a high deductible plan where I’m assuming a lot of risk for my health insurance for my family,” Mangione told Fox News. “And nothing has changed, our boys are healthy—they’re young—my wife is healthy. I’m healthy, nothing in our medical history has changed to warrant a tripling of our premiums.” (source)
Tennessee Senator Lamar Alexander released a report with shockingly high percentage  increases for average citizens of his state:
— Today, a 27-year-old man in Memphis can buy a plan for as low as $41 a month. On the exchange, the lowest state average is $119 a month — a 190 percent increase.
— Today, a 27-year-old woman in Nashville can also buy a plan for as low as $58 a month. On the exchange, the lowest-priced plan in Nashville is $114 a month — a 97 percent increase. Even with a tax subsidy, that plan is $104 a month, almost twice what she could pay today. (source)
A Forbes magazine report shared the same conclusion about the dramatic increase in prices. The state-by-state analysis is a must-read.
Based on a Manhattan Institute analysis of the HHS numbers, Obamacare will increase underlying insurance rates for younger men by an average of 97 to 99 percent, and for younger women by an average of 55 to 62 percent. Worst off is North Carolina, which will see individual-market rates triple for women, and quadruple for men. (source)
According to Health and Human Services Secretary Kathleen Sebelius, ”For millions of Americans, these new options will finally make health insurance work within their budget.”
The problem is, healthy Americans who rarely use insurance will be obligated to pony up for Americans who are not healthy (some of them from poor lifestyle and nutritional choices). Below is a comparison of the lowest rate through Obamacare with the lowest rate currently available. If you are not eligible for subsidies, here’s what you’ll be paying (per person). (source)
Alabama
Birmingham
$170
$80
Alaska
Anchorage
$254
$79
Arkansas
Little Rock
$190
$31
Arizona
Phoenix
$139
$50
Delaware

$203
$51
Florida
Miami
$163
$66
Georgia
Atlanta
$166
$43
Iowa
Cedar Rapids
$132
$70
Idaho
Boise
$145
$59
Illinois
Chicago
$125
$74
Indiana
Indianapolis
$204
$84
Kansas
Wichita
$121
$43
Louisiana
New Orleans
$170
$39
Maine
Portland
$192
$122
Michigan
Detroit
$138
$55
Missouri
St. Louis
$147
$64
Mississippi
Jackson
$199
$58
Montana
Bozeman
$147
$66
North Carolina
Charlotte
$183
$35
North Dakota
Fargo
$175
$47
Nebraska
Omaha
$162
$26
New Hampshire

$186
$149
New Jersey

$219
$162
New Mexico
Albuquerque
$126
$38
Ohio
Columbus*
$205
$47
Oklahoma
Oklahoma City
$105
$54
Pennsylvania
Philadelphia
$195
$73
South Carolina
Columbia
$166
$55
South Dakota
Sioux Falls
$196
$89
Tennessee
Nashville
$114
$41
Texas
Houston
$138
$63
Utah
Salt Lake
$143
$72
Virginia
Fairfax County
$144
$44
Wisconsin
Milwaukee
$200
$69
West Virginia
Huntington
$176
$96
Wyoming
Cheyenne
$271
$82
Sources: Department of Health and Human Services (premiums on exchanges), eHealthinsurance.com (current Columbus, Ohio, premium), HealthCare.gov (all other current premiums) 
Notes: Premiums available on the health-insurance exchanges are for the lowest-priced bronze-level plan in 2014. Current lowest rates are for a nonsmoker, for coverage to begin Oct. 1, 2013, and may cover more limited benefits. Rates in Delaware, New Hampshire and New Jersey are applicable anywhere in the state.
It appears that when Obama says this is “a good deal” what he actually means is that it is “a good deal” for those who have pre-existing conditions that make insurance out of reach, for those who make no money and pay no taxes and will therefore be 100% subsidized, and for the insurance companies who will be raking in the high new premiums. For the rest of us, the average working class moms and dads, it may be the final expense that pushes us out of our homes, causes our financial ruin, and puts us into the poorhouse.
Delivered by The Daily Sheeple
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