Average 2017 Obamacare premium 24 percent increase, Insurance companies exit more states, Aetna to exit 11 of 15 more than two thirds of Obamacare state exchanges, Hillary lies will hurt you too

Average 2017 Obamacare premium 24 percent increase, Insurance companies exit more states, Aetna to exit 11 of 15 more than two thirds of Obamacare state exchanges, Hillary lies will hurt you too

“Nearly half of U.S. companies are reluctant to hire full-time employees because of the ACA. One in five firms indicates they are likely to hire fewer employees, and another one in 10 may lay off current employees in response to the law.

Other firms will shift toward part-time workers. More than 40 percent of CFOs say their companies will consider switching some jobs to less than 30 hours per week or targeting part-time workers for future employment.”…Duke University Fuqua School of Business December 11, 2013

“If you’ve got health insurance we’re going to work with you to lower your premiums by $2,500 per family per year. We will not wait 20 years from now to do it, or 10 years from now to do it. We will do it by the end of my first term as president.”…Barack Obama

“We are being lied to on a scale unimaginable by George Orwell.”…Citizen Wells

 

 

Obama lied about Obamacare and it is a disaster.

Hillary’s lies will hurt you too.

From Zero Hedge August 15, 2016.

“Obamacare Sticker Shock: Average 2017 Premium Surges 24%”

“The reference, of course, was to the state by state surge in proposed 2017 Obamacare premiums, contrasted with what the government contends is a modest 1.0% inflation rate.

Now, courtesy of a new study by independent analyst Charles Gaba – who has crunched the numbers for insurers participating in the ACA exchanges in all 50 states – we can also calculate what the average Obamacare premium increase across the entire US will be: using proposed and approved rate increase requests, the average Obamacare premium is expected to surge by a whopping 24% this year.

As Politico notes, Cigna and Humana recently revised their rate requests in Tennessee, and the new filings are dramatically higher. Cigna is now asking for a 46% average increase, up from 23%, and Humana is requesting a 44% increase, up from 29%, The Tennessean reported on Friday. Expect these numbers to rise even more as insurance companies exit even more states.

So far, the average approved rate increase is roughly 17% according to weighted averages across just five states, Mississippi, New York, Oregon, Rhode Island and Vermont, Gaba reports. “Combined, all [five states] only make up around 6.3 percent of the total population,” Gaba writes. “The numbers will no doubt jump around quite a bit as additional, larger states are plugged into the mix.”

Here is what Charles Gaba calculated:

[I] noted that since I originally crunched the numbers for some states as far back as April, the situation in some states has likely changed somewhat due to carriers dropping out, joining in or re-submitting their rate request filings.

 

There have been significant changes to the requested rate filings in at least four states: Arizona, Connecticut, Maryland and Tennessee. In all four cases, I’m afraid the statewide weighted average has increased, either due to resubmitted filings, a carrier dropping out or both.

 

As a result of these updates, the national average increase requested now stands at 23.9%, up from the previous average of 23.3%.”

Read more:

http://www.zerohedge.com/news/2016-08-15/obamacare-sticker-shock-average-2017-premium-surges-24

 

More here:

https://citizenwells.com/

Advertisements

8 responses to “Average 2017 Obamacare premium 24 percent increase, Insurance companies exit more states, Aetna to exit 11 of 15 more than two thirds of Obamacare state exchanges, Hillary lies will hurt you too

  1. citizenwells

    “Dean Griffin liked the health insurance he purchased for himself and his wife three years ago and thought he’d be able to keep the plan even after the federal Affordable Care Act took effect.

    But the 64-year-old recently received a letter notifying him the plan was being cancelled because it didn’t cover certain benefits required under the law.

    The Griffins, who live near Philadelphia, pay $770 monthly for their soon-to-be-terminated health care plan with a $2,500 deductible. The cheapest plan they found on their state insurance exchange was a so-called bronze plan charging a $1,275 monthly premium with deductibles totalling $12,700. It covers only providers in Pennsylvania, so the couple, who live near Delaware, won’t be able to see doctors they’ve used for more than a decade.”…Times Colonist November 2, 2013

  2. AND AETNA INSURANCE…………
    ………has thrown in the towel in all but four states. Many millions will now be without healthcare insurance. Thanks to the NITWITS who created ACA. More insurers will soon follow Aetna’s lead………..probably Blue Cross Blue Shield will be next.

  3. Mzzzzzzzzzzzzzz. Clint, says Trump does not know more than our Generals. I argue that point because it is clear that the upper echelon MANIPULATED INTELLIGENCE TO MAKE IT PALATABLE TO SOETORO. EVERY GENERAL, OR ADMIRAL WHO KNOWINGLY PERPETRATED THIS ACT SHOULD NOW BE TRIED FOR TREASON.

  4. ……AND FINALLY……..
    ………THE MENTALLY SICK PIECE OF SHI# WHO HAS SET MULTIPLE FIRES IN CALIFORNIA HAS BEEN ARRESTED. SADLY HE IS ONLY ONE OF THE THOUSANDS OF SUCH TWISTED PEOPLE WHO RESIDE IN CALIFORNIA(LA LA FANTASY LAND.)

  5. AND HOPEFULLY……….
    ………..THE ARSONIST BASTARD WILL BE CONFINED TO AN INSTITUTION FOR THE CRIMINALLY INSANE FOR THE REMAINDER OF HIS LIFE. IT IS PROBABLE THAT HE IS RESPONSIBLE FOR MANY OF THE RECENT WILDFIRES IN CALIFORNIA, WHICH COLLECTIVELY HAS DONE MULTIPLE OF BILLIONS OF DOLLARS OF DAMAGE, AND RUINED THE LIVES OF A LOT OF PEOPLE. HE NEEDS A LIFE SENTENCE WITHOUT PAROLE.

  6. …….WE CAN THANK……..
    ………..PEOPLE LIKE MZZZZZZZZZZZZZZZZZZZZZZZZZZZ. PELOSI FOR THE FAILED HEALTHCARE SYSTEM WHICH S NOW PUTTING MANY INSURERS EITHER OUT OF THE PROGRAM,OR OUT OF BUSINESS. YET SHE WAS ADAMANT THAT SHE KNOWS ALL THERE IS TO KNOW ABOUT THE HEALTHCARE INSURANCE BUSINESS. IN REALITY MZZZZZZZZZZZZZZZZZZZZZZZZZ PELOSI IS A CARBON COPY OF HILLARY…………….WHERE GRAY MATTER HAS BEEN DISPLACED BY A TOTAL VACUUM.

  7. AND NOW ………..
    ………THE ALLEGED VP HAS ONCE AGAIN SHOWN THE WORLD JUST HOW STUPID HE REALLY IS…………..WHICH IS WHY EVERY TIME HE OPENS HIS MOUTH HE GETS HIS TONGUE WRAPPED AROUND HIS EYE TOOTH AND CAN’T SEE WHAT HE IS SAYING, AND IT IS ALSO WHY HE WILL NEVER HOLD AN OFFICE ABOVE WHICH HE NOW HOLDS……..HE IS LITTLE MORE THAN A” GAFFE WIT”.

  8. citizenwells

    “Blue Cross Seeks 34% Rate Hike in North Carolina for ACA Plans”

    “North Carolina’s largest health insurer says higher-than-anticipated costs after two years of selling federally subsidized coverage has forced it to seek premium increases even greater than it thought would be necessary two months ago.”

    http://www.insurancejournal.com/news/southeast/2015/08/13/378488.htm

    Thanks Barry.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s