Health insurers seek rate hikes, citing new reform law

http://www.denverpost.com/news/ci_16120503

"Health-insurance companies are raising rates in Colorado, ending sales of child-only policies and blaming their actions in part on the federal health reform law"

"This new law mandates that all policies include coverages that just weren't being purchased by small businesses and families before, and additional benefits do incur additional costs,"

UnitedHealthcare asked for 20.5 percent increases for 241 individuals.
Aetna ask for 26.4 percent hikes covering 6,600 people.
The Golden Rule Insurance Co. asked for a flurry of increases of up to 26.8 percent for nearly 2,000 people.

Yippie!

Surprise surprise. Get ready to pay >20% more. Many thanks!

Never would have happened with a public option, just another corporate give away.

Expain yourself Dummy Up, what do corporations have to do with it? Who do you think is going to pay for the public option?

I should have clarified a give away to the corporate health insurance companies.

Joe wrote: www.denverpost.com/news/ci_16120503

"Health-insurance companies are raising rates in Colorado, ending sales of child-only policies and blaming their actions in part on the federal health reform law"

"This new law mandates that all policies include coverages that just weren't being purchased by small businesses and families before, and additional benefits do incur additional costs,"

UnitedHealthcare asked for 20.5 percent increases for 241 individuals.
Aetna ask for 26.4 percent hikes covering 6,600 people.
The Golden Rule Insurance Co. asked for a flurry of increases of up to 26.8 percent for nearly 2,000 people.

Yippie!

Surprise surprise. Get ready to pay >20% more. Many thanks!

So what was their excuse last year when my health insurance went up 34%......and the year before that when it went up 26%????

archer wrote:

Joe wrote: www.denverpost.com/news/ci_16120503

"Health-insurance companies are raising rates in Colorado, ending sales of child-only policies and blaming their actions in part on the federal health reform law"

"This new law mandates that all policies include coverages that just weren't being purchased by small businesses and families before, and additional benefits do incur additional costs,"

UnitedHealthcare asked for 20.5 percent increases for 241 individuals.
Aetna ask for 26.4 percent hikes covering 6,600 people.
The Golden Rule Insurance Co. asked for a flurry of increases of up to 26.8 percent for nearly 2,000 people.

Yippie!

Surprise surprise. Get ready to pay >20% more. Many thanks!

So what was their excuse last year when my health insurance went up 34%......and the year before that when it went up 26%????

Oh that? That was called unfettered capitalism...

Hi Archer

Dummy Up wrote: Never would have happened with a public option, just another corporate give away.

A+ Post there- Short, sweet and perfectly clear- No explanation nesasary

No one is really solving the real issue and that is the cost of health care.

PondLady wrote: Expain yourself Dummy Up, what do corporations have to do with it?

[youtube:3ujz8rqd][/youtube:3ujz8rqd]

Dummy Up wrote: Never would have happened with a public option, just another corporate give away.

You mean the public "option" like-

Medicaid - pays ~60% "Sorry we don't take medicaid patients, go away" - sign on the door.
Medicare- pays maybe 80% and forecast to go broke. "Sorry we are not accepting new Medicare patients, go away and die -sign on the door"

Option is not an option. The gov't sets low payment rates and those costs are transferred to the private sector. (thats you and me, who don't have the "option") Hello McFly. Anybody home?