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Politics : Formerly About Advanced Micro Devices
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To: koan who wrote (779215)4/9/2014 2:51:48 PM
From: Broken_Clock1 Recommendation

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TideGlider

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Actually koan, you are dead wrong.

forbes.com

There is no "changing" to single payer and rates are not dropping. In fact, if you actually read the gov'ts own healthcare site for the ACA, it clearly states there are NO caps on rate increases for insurers. There is no information out there that rates are dropping.

Right here in Hawaii is a prime example:



HMSA seeks 12.8% rate increaseApril 9, 2014
The Associated Press
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HONOLULU (AP) - The Hawaii Medical Service Association is asking the state to approve a 12.8 percent rate hike on its health insurance plans for most small-business workers.

The Honolulu Star-Advertiser reported Tuesday that the insurer says it needs the increase to pay for costs associated with President Barack Obama's federal health care overhaul and increased drug costs.

The increase would affect plans covering about 77,000 workers in small businesses.

Commissioner Gordon Ito of the state Insurance Division said that the agency is reviewing the proposed increase and how it will affect consumers and businesses.

He said that the division, which is under the Department of Commerce and Consumer Affairs, will try to find a balance between the best interests of consumers and keeping the insurance company financially solvent.

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