Obamacare kicks in - Health insurance rates down

[Meister]

Those with no jobs can't afford to pay insurance no matter how cheap it is.

Obamacare Forces Employee Hours to Be Cut at Indiana Schools | The Weekly Standard

Obamacare regulations are forcing employers to cut employee hours at Indiana schools, according to the Courier-Journal.

“Schools across Indiana are cutting back the hours of teacher assistants, bus drivers, cafeteria workers and other aides to avoid having to offer them health insurance under the federal health care employer mandate that begins next year,” reports the paper.

And there still will be millions without healthcare coverage.

 

[crussmith2]

n 2009, the Congressional Budget Office predicted that a medium-level “silver” plan — which covers 70 percent of a beneficiary’s expected health costs — on the California health exchange would cost $5,200 annually. More recently, a report from the consulting firm Milliman predicted it would carry a $450 monthly premium. Yesterday, we got the real numbers. And they’re lower than anyone thought.
As always, Sarah Kliff has the details. The California exchange will have 13 insurance options, and the heavy competition appears to be driving down prices. The most affordable silver-level plan is charging $276-a-month. The second-most affordable plan is charging $294. And all this is before subsidies. Someone making twice the poverty line, say, will only pay $104-a-month.
Sparer plans are even cheaper. A young person buying the cheapest “bronze”-level plan will pay $172 — and that, again, is before any subsidies.
Wonkbook: Some very good news for Obamacare

 

[Meister]

n 2009, the Congressional Budget Office predicted that a medium-level “silver” plan — which covers 70 percent of a beneficiary’s expected health costs — on the California health exchange would cost $5,200 annually. More recently, a report from the consulting firm Milliman predicted it would carry a $450 monthly premium. Yesterday, we got the real numbers. And they’re lower than anyone thought.
As always, Sarah Kliff has the details. The California exchange will have 13 insurance options, and the heavy competition appears to be driving down prices. The most affordable silver-level plan is charging $276-a-month. The second-most affordable plan is charging $294. And all this is before subsidies. Someone making twice the poverty line, say, will only pay $104-a-month.
Sparer plans are even cheaper. A young person buying the cheapest “bronze”-level plan will pay $172 — and that, again, is before any subsidies.
Wonkbook: Some very good news for Obamacare

Wednesday, June 05, 2013
Physicians Wary -- or Simply Unaware -- of ACA Loophole


Read more: Physicians Wary -- or Simply Unaware -- of ACA Loophole - Road to Reform - California Healthline

Doctors who contract with state health insurance exchanges next year might find themselves on the hook for treatment costs resulting from what many are calling a loophole in the Affordable Care Act.
Some say the provision might prompt doctors to avoid the exchanges altogether, while other experts say few health care providers are aware of the issue and likely won't know about the loophole until it's too late.
Provision Permits Care Without Coverage
Under the ACA, if families who obtain subsidized health plan coverage through the exchanges fail to pay their premiums, they have a three-month grace period before the policy is cancelled. However, insurers are responsible only for paying claims during the first month of that grace period.


Read more: Physicians Wary -- or Simply Unaware -- of ACA Loophole - Road to Reform - California Healthline

Somebody will end up paying the difference.....anyone want to hazzard a guess as to who?

 

[Stephanie]

Those with no jobs can't afford to pay insurance no matter how cheap it is.

Obamacare Forces Employee Hours to Be Cut at Indiana Schools | The Weekly Standard

Obamacare regulations are forcing employers to cut employee hours at Indiana schools, according to the Courier-Journal.

“Schools across Indiana are cutting back the hours of teacher assistants, bus drivers, cafeteria workers and other aides to avoid having to offer them health insurance under the federal health care employer mandate that begins next year,” reports the paper.

they don't care about that...but a few years they will bitching because they have to WORK TWO jobs or more to survive..or just be a Obama Julia and supplement themselves with taxpayer monies with government welfare...

 

[PredFan]

Um, no. I'm still paying more than I ever have before. No decrease, no rebate check. i don't know anyone who has gotten one or has had their rates drop.

 

[Quantum Windbag]

Consumers across the country are now saving over a BILLION dollars because of Obamacares cap on insurance premiums and have already gotten back over 1 billion in rebates from over charging insurers according to the Kaiser foundations analysis

Beyond Rebates: How Much Are Consumers Saving from the ACA?s Medical Loss Ratio Provision? | The Henry J. Kaiser Family Foundation

Lies on top of lies.

By the way you should be outraged if your insurer sends you a rebate because it means they were able to borrow your money without paying you interest on it. The rebate thing frees them to charge more than they think they will need and pay it back at the end of the year.

 

[Soggy in NOLA]

Wow!! people are saving money from something that hasn't even happened yet.... AMAZING!!!!

 

[syrenn]

Consumers across the country are now saving over a BILLION dollars because of Obamacares cap on insurance premiums and have already gotten back over 1 billion in rebates from over charging insurers according to the Kaiser foundations analysis

Beyond Rebates: How Much Are Consumers Saving from the ACA?s Medical Loss Ratio Provision? | The Henry J. Kaiser Family Foundation

i am not sure what la la land of fairies and unicorns you live in.... but mine is up about 200%

the only people making out better in this are the ones who had nothing to begin with.

 

[lynn63]

The exchange is NOT going to offer reduced rates that is competitive to what employers pay for your coverage. The government does not want to create chaos for large corporations that employ over 50 that would cause their employees to view the exchange as a better option.

It would defeat the whole purpose of the mandate. The individual share of premiums are set higher for people that qualify for subsidies then what a cost share is from an employer.

 

[DiamondDave]

Consumers across the country are now saving over a BILLION dollars because of Obamacares cap on insurance premiums and have already gotten back over 1 billion in rebates from over charging insurers according to the Kaiser foundations analysis

Beyond Rebates: How Much Are Consumers Saving from the ACA?s Medical Loss Ratio Provision? | The Henry J. Kaiser Family Foundation

i am not sure what la la land of fairies and unicorns you live in.... but mine is up about 200%

the only people making out better in this are the ones how had nothing to begin with.

Mine, thru my employer, is up only about 20%.. but the copay is up an additional $10.. the deductible is up.. the upper cap on many things is down.. prescription cost is up...

All in the name of a share the wealth fear-mongering power play rallying cry