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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Broken_Clock who wrote (110112)	1/21/2016 7:01:59 PM
From: Elroy Jetson	Read Replies (1) of 110194

We too used to see our individual Blue Shield PPO premium jump by leaps and bounds of 18% and even 23.5% one year. Now that we have exactly the same Blue Shield PPO plan from "Covered California" our annual premium increases have been closer to 2% each year. The only reason I'd change my insurance from Obamacare plans is if the United States finally adopts universal Medicare as all industrialized nations have, apart from Switzerland and the United States. I'd seriously suggest your wife look into one of the Hawaiian plans offered under the Obamacare Insurance Exchange and get off the crazy roller coaster of rapidly increasing insurance premiums we we caught on for 20 years or more. My sister and her husband are both well below retirement age and haven't seen the increases in their Kaiser premiums in Hawaii which your wife has seen. Perhaps most of the participants in her plan switched to Kaiser under Obamacare, leaving only the sickest people in her Kaiser plan. Although that seems hard to believe.

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