Obamacare Not Yet Read for Prime Time

[somarco]

“I was always skeptical of Obamacare,” said Hudgens, a Republican who, like many political leaders in his party, opposed the Affordable Care Act. “But I never imagined that it would lead to rates being doubled or tripled.”

Nearly everyone with an individual policy will see their premiums rise, he said.

The increases are up to 198 percent for individuals, Hudgens said in a statement Tuesday. “Increases of this magnitude will make coverage less affordable and increase the number of uninsured in Georgia.”

State seeks delay on rate approval for exchanges | Georgia Health News

 

[AllenChicago]

Georgia is a Federally run exchange. Yet the Feds think up to a 198% premium increase is satisfactory? This extreme rate increase must be a huge problem with many of the other 38 Federally-run exchanges too, but the Georgia commissioner is the only one with the GUTS to say something. Bless you Mr. Ralph Hudgens!

Some asinine comments in the article Somarco linked to, from people who don't pay their own premiums. They probably leach off of some non-profit organization funded by Georgia's taxpayers.

ASININE COMMENT - Exhibit 1.
"Consumer advocates, though, pointed out that under the ACA, many individuals will have a subsidy to help offset the cost of a premium."
"MANY"? MANY???? Many IS LESS THAN 50%!

ASININE COMMENT - Exhibit 2.
The current average rate for an individual policy “is only average for people whom the insurance industry wanted to cover,’’ Zeldin said. With the health law, she said, “many more people will gain coverage.’’
HOW? THEY WON'T BE ABLE TO AFFORD IT, Ms. ZELDIN!

-ac