Insurance Rate Increases Announced

Hijinx

Well-Known Member
Astonishing..but not surprising. Rates continue to skyrocket all over the US.

When it happens every year ,before long it amount to real money.

LOL as if it isn't real money now. Look for it again next year.
 

Chris0nllyn

Well-Known Member
What? Bullcrap. https://www.hudson.org/research/12978-the-myth-of-obamacare-subsidies-for-all
And where does Uncle Sam get "his" money from?? You libprogs..I swear..smdh.

I'm aware where the money comes from, and I don't want to subsidize other people's insurance.

For people who get insurance through exchanges, 83% get subsidies.

The plans in Idaho in your link are state exchange plans, so based on CMS numbers, on average, 83% of those people won't see much of a difference.

It's pointed out in Idaho state's healthcare page, which is linked in your OP:
Please note that the statewide rate increase and the carrier-specific rate increases shown are overall averages. The premium increase for an individual or family may vary greatly based on the geographic area, choice of plan, changes in enrollees or ages, eligibility for the advanced premium tax credit, and other factors. More detailed information is available below about rate changes for each Idaho rating area.

It's also pointed out in Idaho state's Dept. of Insurance news release (also linked in your OP):
The proposed increases to Silver plan premiums would also result in an increase in advanced premium tax credits (APTC) for those eligible and purchasing coverage through Your Health Idaho.

Mountain Health Co-op (MHC), one of the plans in Idaho, points this fact out in their rate increase justification:
Mountain Health CO-OP (MHC) has 13,352 insureds enrolled who will be affected by 2018 Individual Market rate changes if they continue their coverage. Before federal subsidies, the average change in premium for these individuals will be 25%. The requested rate change varies by product with the smallest average change of -10% for Access Care Catastrophic and the largest average change of 33% for Engage Silver.

That's why I said what I did. Not that people with health insurance in general (i.e. through a workplace/employer) don't or won't see increases, but if the topic at hand is the link you provided, most of those people won't see a change because the govt (i.e. taxpayers) are picking up the tab due to them being state exchange plans.
 

Gilligan

#*! boat!
PREMO Member
The plans in Idaho in your link are state exchange plans, so based on CMS numbers, on average, 83% of those people won't see much of a difference.
.

So it is your contention that 83% of the people who purchase their insurance on the individual market won't see a difference.

Gotcha. So then why would anyone care how much it goes up every year...right?

You a mess.
 

Gilligan

#*! boat!
PREMO Member
Colorado. Ouch..and who pays the premiums for the small group plans?

https://www.bizjournals.com/denver/news/2017/07/14/health-insurance-rates-rising-significantly-in.html


And lookit the increases proposed for these NY small group plans! Who pays those premiums?

https://www.careconnect.com/Documents/2017/Narrative-Summary-2018-Group-Rate-Request.pdf

And the rates being requested for small group policies in Maryland....Holy cow..

http://insurance.maryland.gov/Pages/newscenter/NewsDetails.aspx?NR=2017145
 
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Chris0nllyn

Well-Known Member
So it is your contention that 83% of the people who purchase their insurance on the individual market won't see a difference.

Gotcha. So then why would anyone care how much it goes up every year...right?

You a mess.

I think I was pretty clear in what I said. That is not my contention.
 

Chris0nllyn

Well-Known Member
No, you don't, and yes, you do. You would not be doing the happy little socialist dance otherwise.

What? What "happy little socialist dance" am I doing? I pay for my own insurance, not through Obamacare. I do not like Obamacare. I do not like rate increases. I do not like taxpayers paying for people's health insurance.

I don't know where you keep getting this idea I'm a socialist. I'd ask you for some sort of proof to back it up, be we both know what happened last time I asked for that, so I understand that not being forced to back up any claim you make gives you wide latitude to make #### up.

Colorado. Ouch..and who pays the premiums for the small group plans?

https://www.bizjournals.com/denver/news/2017/07/14/health-insurance-rates-rising-significantly-in.html


And lookit the increases proposed for these NY small group plans! Who pays those premiums?

https://www.careconnect.com/Documents/2017/Narrative-Summary-2018-Group-Rate-Request.pdf

And the rates being requested for small group policies in Maryland....Holy cow..

http://insurance.maryland.gov/Pages/newscenter/NewsDetails.aspx?NR=2017145

Which is why I said:
...Not that people with health insurance in general (i.e. through a workplace/employer) don't or won't see increases....
 

Chris0nllyn

Well-Known Member
And how about those rate increases from all the small group insurers? Where are your subsidies then?

There isn't any. Which is why I said:
Not that people with health insurance in general (i.e. through a workplace/employer) don't or won't see increases

Sure were:

Was I wrong? Is the govt. (that's the same thing as Uncle Sam) not paying subsidies to 83% of the people in exchanges?
 

Gilligan

#*! boat!
PREMO Member
Was I wrong? Is the govt. (that's the same thing as Uncle Sam) not paying subsidies to 83% of the people in exchanges?

Nit pick half-cleverly all you want, but those in the 83% that receive medium to tiny subsidies are going to bear the brunt of the increases, right in the ole wallet. Just because Uncle pays half of your $1000 premium every month, you think seeing a $150 increase in the half you pay isn't powerfully painful?? If Uncle pays "only" $200 of your $1000 monthly payment, you get hit with a big hammer when that amount goes up 25%.
 

Chris0nllyn

Well-Known Member
Nit pick half-cleverly all you want, but those in the 83% that receive medium to tiny subsidies are going to bear the brunt of the increases, right in the ole wallet. Just because Uncle pays half of your $1000 premium every month, you think seeing a $150 increase in the half you pay isn't powerfully painful?? If Uncle pays "only" $200 of your $1000 monthly payment, you get hit with a big hammer when that amount goes up 25%.

I agree 100%. I'm not nit-picking, I'm discussing the article you started the thread with. :shrug:

I watched my premiums go up 250% a couple years ago, so yes, I understand quite well.
 
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