- Banned
- #81
"Cracka"?
Sorry? Yes you truly are.
Myth:
One of the most wide spread ObamaCare myths is that ObamaCare increases insurance premiums. While many Americans have seen their health insurance premiums rise since the passing of the new health care law, blaming "ObamaCare" is an over simplification of the truth.
The truth is insurance premiums have been growing faster than the rate of growth in income for well over a decade. Today there are more rules and regulations aimed at reducing the growth in premium rates like the rate review provision that stops insurance companies from unjustified rate hikes and the medical loss ratio provision that stops insurance companies from spending your premium dollars on non-health care related expenses. This isn't to say that the Affordable Care Act hasn't indirectly affected some premium increases.
ObamaCare stops insurance companies from raising premiums due to health status and gender or denying coverage based on pre-existing conditions. Every plan must offer more essential health benefits and preventive services at no out-of-pocket costs and much more. In some cases insurance companies have raised rates on existing plans in response to your new health care benefits, rights and protections.
Luckily ObamaCare does a lot to mitigate this affect, aside from the consumer protections mentioned above, ObamaCare creates a Health Insurance Exchange Pool known as the Health Insurance Marketplace. Today low-to-middle income Americans (and small businesses) can shop for subsidized, regulated health insurance from competing health care providers using their State's online marketplace.
Cost assistance offered through the marketplace greatly reduces premium costs of those making less than 400% of the Federal poverty level. (400% of the Federal Poverty level equates to individuals making less than $46,021 or a family of four making less than $93,700 a year). Learn more about the Health Insurance Marketplace.
ObamaCare: Myths About Health Care Reform
Classic
I post a study done by actuaries and Dante posts posts Obama's own website.....and Dante actually thinks that because there are subsidies availiable that "proves" that "premiums" aren't going up.
Um....dante...I have arranged subsidies ranging from $34 to $1200....and guess what?
The subsudies are there to offset the high premiums.
Your kneejerk reaction to attack from behind your supposed expertise...btw, how busy can you actually be spending 24/7 @usmb? -- reading and comprehension is not one of your strong suits is it?
"...blaming "ObamaCare" is an over simplification of the truth. The truth is insurance premiums have been growing faster than the rate of growth in income for well over a decade."
LOL.
You are ignorant of the truth and the Law Dante...and yo Cracka Prez has lied to you.