UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev Thread | Next Thread
Author: intercst Big funky green star, 20000 posts Top Favorite Fools Top Recommended Fools Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1972580  
Subject: Bush-style health care rate hikes plummeting Date: 2/23/2013 1:53 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 1
During the Chickenhawk Decade of Bush/Cheney my health insurance premiums regularly went up by 25% to 35% per year. From 2000 to 2008 my monthly health insurance premium more than tripled.

Over the last four years, the number of insurance companies demanding a more than 10% premium increase has plummeted, from 74% in 2009 to 35% in 2012.

http://www.washingtonpost.com/blogs/wonkblog/wp/2013/02/22/b...

intercst
Print the post Back To Top
Author: spikie Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 1861827 of 1972580
Subject: Re: Bush-style health care rate hikes plummeting Date: 2/23/2013 3:08 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 1
That is interesting. My insurance did not go up more than 3% per year up to 2009, but in 2010 and 2011 it went up 8% and 12% each year, and in 2012 it went up by 15%.

Perhaps you crossed some age ranges in 2001-2008? Or, perhaps you entered a higher risk group or changed jobs?

I know of no one else whose insurance went up in such dramatic fashion as you claim yours did. NO one else!

Therefore, it is very difficult to assign much credibility to this anecdotal claim.

Print the post Back To Top
Author: intercst Big funky green star, 20000 posts Top Favorite Fools Top Recommended Fools Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 1861899 of 1972580
Subject: Re: Bush-style health care rate hikes plummeting Date: 2/23/2013 6:18 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
spikie analyzes,

Perhaps you crossed some age ranges in 2001-2008?

I crossed eight "age ranges" from 2000 to 2008, but nothing that should warrant tripling my premium -- other than living deep in the Chicken Heart of Texas where the Tea-Baggers rule and insurance regulation is weak to non-existent.

intercst

Print the post Back To Top
Author: Rightime Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 1861905 of 1972580
Subject: Re: Bush-style health care rate hikes plummeting Date: 2/23/2013 6:33 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0



Over the last four years, the number of insurance companies demanding a more than 10% premium increase has plummeted, from 74% in 2009 to 35% in 2012.


You didn't point out that rate hikes over 10% after ACA took effect require extensive scrutiny. Hospital administrators earning $3,000,000 a year don't need extensive scrutiny.

Print the post Back To Top
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev Thread | Next Thread
Advertisement