New York health-care premiums about to rise drastically

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whipassmt

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#1 whipassmt
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If you live in New York, ... run!:

"Insurance companies operating in New York State's marketplace are expected to ask for double-digit premium hikes next year, according to new filings from the companies.

Capital New York reports the average requested increase was 13%. The New York Post reports that number at about 12%. But the bigger insurers are seeking a bigger premium hike — according to Capital, the six most popular plans in New York are requesting an average increase of almost 15%.

The Post reports that Excellus Health Plan, which has about 24,000 customers, is requesting a 19.7% hike. MVP Health Plan, which has nearly 33,000 customers, is seeking a 19% increase. New York's largest insurer — Health Republic Insurance of New York, which has 68,000 customers — is requesting a 15% increase."

...

"According to the reports, insurers cited a number of reasons for the proposed premium hikes in their filings, including rising medical costs, having a sicker and/or older pool of customers, and new regulations and taxes levied by Obamacare.

"Our goal in pricing is to match expected medical spending — including medical costs, utilization and mandated coverage — with premiums. Other factors include plan design and new taxes and fees," Maria Gordon Shydlo, a spokeswoman at UnitedHealthCare, told the Post"

New York isn't the only state with this problem though:

"In Connecticut, two insurers are proposing to raise premiums by more than 10%, while one insurer, HealthyCT, is proposing almost a 9% decrease.

Another example: In Arizona, Cigna requested an average rate hike of 14.4%. Humana, though, is looking for a startling 25.5% increase" (view Ron Simmons' reaction to this news here)

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whipassmt

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#2 whipassmt
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Here's a funny comment made by someone who commented on the above linked article on Yahoo News:

"The OWEbama Shillbillies:

Come and listen to a story about a man named Bur Rack

A community organizer, livin' on the peoples' back

Then one day he was frettin' ‘bout his race,

And up through some cronyism he got a Senator’s place.

Government that is. Others' gold; tax free.

Well the first thing you know ol' Bur Rack’s a millionaire,

Demfolk said, "Bur Rack move away from here"

Said, "The U.S. capital is the place you ought to be."

So they sealed his college transcripts and he lied his way to D.C.

Socialism that is. No Budget. Scandal after scandal.

Y'all vote Democrat now, ya hear?"

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dave123321

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#3 dave123321
Member since 2003 • 35553 Posts

Oh man feel bad for ol' air

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whipassmt

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#4 whipassmt
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@dave123321 said:

Oh man feel bad for ol' air

Yeah. You live in Texas, right?

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#6  Edited By whipassmt
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@Ackad:

Nah. That wouldn't be good. Look at what happens with the VA.

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#8 grathan
Member since 2007 • 202 Posts

Doctors get your insurance card and they act like herion addicts getting a fix. Wife went to ER a couple weeks ago for a tummy ache. They didn't find nothing, but managed to bill insurance $8k for very little work done.

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#9 whipassmt
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@grathan said:

Doctors get your insurance card and they act like herion addicts getting a fix. Wife went to ER a couple weeks ago for a tummy ache. They didn't find nothing, but managed to bill insurance $8k for very little work done.

No wonder premiums are high.

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#10 grathan
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@whipassmt said:

@grathan said:

Doctors get your insurance card and they act like herion addicts getting a fix. Wife went to ER a couple weeks ago for a tummy ache. They didn't find nothing, but managed to bill insurance $8k for very little work done.

No wonder premiums are high.

Insurance are probably in cohoots with the doctors. As long as they both keep getting paid.