Rate Increases, What Are You Seeing...

[GreenSky]

You mean Obama lied(again) by naming it the Affordable Care Act?

Wasn't that what Bush named it when Obama inherited that plan?

Rick

 

[Rivers1]

Wasn't that what Bush named it when Obama inherited that plan?

Rick

Pelosi takes credit for the naming. It was suppose to create 400K jobs immediately she claimed.

 

[DS4]

You mean like Wellpoint in CA? Right. 39% announced rate increase until the government got involved. Then they claimed a "math error." Silly actuaries - forgot to carry the 1.

Just for the record for you out of stater's, the premium increase you are referencing was between 19% & 22% for probably 99% of Anthem insureds. There was a very few insureds that in fact rec'd +39%.
Of course, the media only saw the "39%". Not the "up to 39%"
And, IMH, Obama seized the "up to 39%", spun it into a "39%" increase to finally help pass his health care reform.
I blame Wellpoint for PPACA passing.

 

[Dave020]

I blame Wellpoint for PPACA passing.

I blame Rick. And I voted for him, several times

 

[taterpeeler]

Just for the record for you out of stater's, the premium increase you are referencing was between 19% & 22% for probably 99% of Anthem insureds. There was a very few insureds that in fact rec'd +39%.
Of course, the media only saw the "39%". Not the "up to 39%"
And, IMH, Obama seized the "up to 39%", spun it into a "39%" increase to finally help pass his health care reform.
I blame Wellpoint for PPACA passing.

My friend... i have said that all along... agree 10000000%
Wellpoint is worthless as teats on a boar hog

 

[Rivers1]

Can I get a current rate increase response from you do-do heads?

Danke Schoen

 

[somarco]

15, more or less . . . . . .

 

[moonlightandmargaritas]

Danke Schoen

 

[AllenChicago]

The new MLR rule and associated admin and commission cuts have had a profound effect here in the Chicago area. Here's the approximate rate increases I've experienced this year...

Blue Cross - 4%
Humana - 7%
Aetna - 3%
IHC - 12%

Predominately HSA policies.

-ac

 

[Yagents]

All I see is 10-40% in FL and AZ since neither DOI is stepping in. I kind of wish they did, as it's blowing up my current book, and just waiting for clients to throw up their hands and say f it......I'll pay the penalty. BCBS AZ is low single digits, and highly recommending them over other carriers when possible.