General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRate Shock: In California, Obamacare to Increase Individual Health Insurance Premiums by 64-146%
Is this a valid complaint?
http://www.forbes.com/sites/theapothecary/2013/05/30/rate-shock-in-california-obamacare-to-increase-individual-insurance-premiums-by-64-146/
EarlG
(21,945 posts)Just for some context.
sharp_stick
(14,400 posts)Thank you.
Sid
hedgehog
(36,286 posts)there wouldn't be a health care crisis!
cbdo2007
(9,213 posts)Anyone can spin anything anyway they want to.
hfojvt
(37,573 posts)but I don't know that much about health insurance, since I do not follow it that closely.
The surprising thing to me, is what the article claims here
that premiums for individual policies are less than premiums for group policies.
I thought the whole point of group policies was to get lower rates.
Also, I have not seen, nor searched for, statistics. My thinking was that most people get their health insurance from group policies that are provided at their job, and where their employers pay a significant portion.
Myself, I currently pay $0 per month for my health insurance, including dental. So it costs me nothing.
However, my employer pays, for example in 2008 (the quickest sheet I can find) about $486 a month. Well, in 2008, as a part-time employee, I paid half of that. But it almost sounds like I was stupid to do so, that I might have been able to get an individual plan (maybe not because I was 46 back then, not 28 or 40) for less than the half-price group plan (that was also a tax deduction. I didn't even pay FICA taxes on my premiums, which I would have on an individual plan.)
So who knows.
But if you cannot trust Forbes magazine to stand up for the little guy, who can you trust?
SidDithers
(44,228 posts)Pretty sure that BBI used Avik Roy as a source, right before being banned.
http://www.democraticunderground.com/1002514451
Sid
Ikonoklast
(23,973 posts)These guys are failing so badly now, they are truly desperate as more of Obamacare comes on line as more people, even Republicans, are gaining benefit from it and liking what they see.