Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (779215)	4/9/2014 2:04:12 PM
From: joseffy	1 Recommendation Recommended By FJB Respond to of 1577031

US sees sharpest health insurance premium increases in years

To: koan who wrote (779215)	4/9/2014 2:15:22 PM
From: jlallen	Respond to of 1577031

9 million more people DO NOT have health insurance than before.... LOL! You are just too stupid to be believed....

To: koan who wrote (779215)

4/9/2014 2:51:48 PM

From: Broken_Clock

1 Recommendation

Recommended By
TideGlider

Read Replies (1) | Respond to of 1577031

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
Save |
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.