News Blog for social, fiscal & national security conservatives who believe in God, family & the USA. Upholding the rights granted by God & guaranteed by the U.S. Constitution, traditional family values, "republican" principles / ideals, transparent & limited "smaller" government, free markets, lower taxes, due process of law, liberty & individual freedom. Content approval rests with the ARRA News Service Editor. Opinions are those of the authors. While varied positions are reported, beliefs & principles remain fixed. No revenue is generated for or by this "Blog" - no paid ads - no payments for articles.Fair Use Doctrine is posted & used. Blogger/Editor/Founder: Bill Smith, Ph.D. [aka: OzarkGuru & 2010 AFP National Blogger of the Year] Contact: editor@arranewsservice.com (Pub. Since July, 2006)Home PageFollow @arra
One of the penalties for refusing to participate in politics
is that you end up being governed by your inferiors. -- Plato
(429-347 BC)
Monday, June 12, 2017
Obamacare: ‘Whopper Insurance Rate Hikes Coming’ In 2018
‘Health Policy Experts Agree The Coming Year Could Be Rough For Remaining Insurers And Even Rougher On Consumers’
‘Many ACA Customers Will Pay More For Coverage’
“[H]ealth policy experts agree the coming year could be rough for remaining insurers and even rougher on consumers. Already Blue Cross and Blue Shield of Kansas City has announced it will not offer plans on the exchange, leaving more than two dozen counties in the region without an insurer.” (“Big Insurance Rate Hikes Coming - And They May Get Bigger,” Houston Chronicle, 6/01/2017)
MAINE: ‘Health Insurers In Maine Are Again Aiming To Increase Rates For Obamacare Plans,’ With One ‘Seeking An Unprecedented 40 Percent Hike’
“Health insurers in Maine are again aiming to increase rates for Obamacare plans, with one company seeking an unprecedented 40 percent hike on average in 2018. Insurers had until Friday to file their proposed rates for next year. The higher monthly premiums, if approved by insurance regulators, would affect about 80,000 Maine residents who buy coverage under Obamacare.” (“Obamacare Premiums Are About To Get More Expensive In Maine,” Bangor Daily News, 6/06/2017)
“Harvard Pilgrim seeks the largest rate hike by far, with plans to raise monthly premiums by 39.7 percent. That’s easily the biggest yearly increase any Obamacare insurer has pursued in Maine, though premium hikes are nothing new. If the state insurance bureau approves it, the average Harvard Pilgrim customer would see their monthly premium jump from $468.65 a month to $654.78…. About 21,000 Harvard Pilgrim customers would be affected by the rate increase …” (“Obamacare Premiums Are About To Get More Expensive In Maine,” Bangor Daily News, 6/06/2017)
“The co-op insurer in Maine is Community Health Options, which was initially hailed as a success but has since struggled financially…. CHO, based in Lewiston, wants to raise rates by 19.6 percent, according to its filing. The minimum increase would be 15 percent, though some customers would face a 25.9 percent hike. Roughly 33,000 CHO customers would be affected.” (“Obamacare Premiums Are About To Get More Expensive In Maine,” Bangor Daily News, 6/06/2017)
NEW HAMPSHIRE: ‘The Second-Largest Insurer In The New Hampshire Obamacare Market’ Seeks ‘Average Rate Hikes Of 30 Percent’
“The second-largest insurer in the New Hampshire Obamacare market said his company has requested average rate hikes of 30 percent next year, blaming the increase on two provisions of the health care law — Medicaid expansion and federally imposed risk adjustments. Minuteman Health Chief Executive Officer Tom Policelli disclosed the preliminary proposal in a newspaper interview on Monday.” (“NH Insurer Seeks 30% Rate Hike,” New Hampshire Union Leader, 6/05/2017)
“The increase will fall most heavily upon the 20,000-plus Exchange customers who are not subsidized. ‘This is a shadow tax on a very small population, and will likely make individual coverage too expensive for many,’ reads a statement in a PowerPoint presentation that Minuteman gave last Wednesday in a symposium on Medicaid. (“NH Insurer Seeks 30% Rate Hike,” New Hampshire Union Leader, 6/05/2017)
NORTH CAROLINA: State’s ‘Largest Health Insurer Is Proposing A 22.9 Percent Rate Increase’
“Blue Cross and Blue Shield, [North Carolina’s] largest health insurer, is proposing a 22.9 percent rate increase on Affordable Care Act plans in 2018, in what will be the fifth year of the federal health insurance mandate. Steep rate increases have been a consistent feature of Blue Cross’s ACA coverage in North Carolina, and Thursday’s announcement follows a 24.3 percent rate increase this year and a 32.5 percent increase in 2016.” (“BCBS Wants 22.9% Rate Hike On ACA Plans In 2018,” The [Charlotte] News & Observer, 5/25/2017)
“Community Health Choice, Blue Cross and Blue Shield of Texas and Molina Healthcare were the only three insurers to offer plans in the Houston area on this year's exchange, down from seven insurance companies in 2016. Major insurers Aetna, Humana and Cigna previously pulled out of the exchange in Houston.” (“Big Insurance Rate Hikes Coming - And They May Get Bigger,” Houston Chronicle, 6/01/2017)
PENNSYLVANIA: ‘Government Marketplace Health Insurance Premiums In Pennsylvania Will Rise An Average 8.8 Percent For Individuals’
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