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Politics : View from the Center and Left
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To: Gottfried who wrote (274556)7/4/2015 11:13:47 AM
From: neolib  Read Replies (3) of 540724
 
Ouch, I have Moda Health:


The Oregon insurance commissioner, Laura N. Cali, has just approved 2016 rate increases for companies that cover more than 220,000 people. Moda Health Plan, which has the largest enrollment in the state, received a 25 percent increase, and the second-largest plan, LifeWise, received a 33 percent increase.

Jesse Ellis O’Brien, a health advocate at the Oregon State Public Interest Research Group, said: “Rate increases will be bigger in 2016 than they have been for years and years and will have a profound effect on consumers here. Some may start wondering if insurance is affordable or if it’s worth the money.”

I'm paying 653/month now (up from 327 prior to Bamycare) so now it looks like 816 next year. The Affordable Care Act will thus have accomplished 816/327 = 250% increase in three years. LOL!
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