Thanks, Obama! Insurers Seeking Double-Digit ObamaCare Premium Hikes in NY

Posted by on Jul 03, 2014 at 7:41 am
*Apr 21 - 00:05*

Remember, you’ll be “saving” at least $2,500 a year on your premiums. Or not.

Insurance firms participating in New York’s ObamaCare health exchange are seeking double-digit hikes for patient medical premiums in 2015, new figures reviewed by The Post reveal.

The average hike sought by insurers for individual plans is 12 percent—but a number of firms serving large numbers of patients want to boost individual premiums by nearly 20 percent.

Leading the charge is Excellus Health Plan, which is seeking to sock more than 24,000 customers with a 19.7 percent hike.

The even larger MVP Health Plan, with nearly 33,000 customers, is seeking a 19 percent boost.

While a number of smaller plans put in for lesser increases or, in a number of cases, decreases, Health Republic Insurance of New York — the largest on the exchange with more than 68,000 members — requested a 15.2 percent increase for individual plans.

The proposed rate increases call into question one of the goals of the Affordable Care Act — curbing runaway health-care costs.

Yeah, well, we all know that was bullshit, but now his voters will find that out. Stupidity has a price.

Americans all seem to have this feeling:

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3 Responses to “Thanks, Obama! Insurers Seeking Double-Digit ObamaCare Premium Hikes in NY”

  1. Usr Zro on 3/03/14 at 11:41 am

    I saved about 1500 on premiums when Obama outlawed my catastrophic plan last January.

  2. Michael A . DiDomenico on 3/03/14 at 12:43 pm

    Aetna Life is raising my small company’s rate by 23.1/4%
    in February of 2015!! My God.