Correction: Obamacare Premiums Are Going Up About 0% For Most People

[pnwmom]

http://www.motherjones.com/kevin-drum/2016/10/correction-obamacare-premiums-are-going-about-0-most-people-0


KEVIN DRUM OCT. 25, 2016 11:46 PM

However, it gives us a pretty good idea that for a substantial majority of Obamacare users, the net amount they pay for health insurance in 2017 isn't going to be much more than it was this year. For many, in fact, it will be the same. For those who shop around, it's quite likely to be less.

Bottom line: if your income is low enough to qualify for a subsidy, there's no need to panic over the Obamacare premium news. The higher premiums will help stabilize the market, and the cost will be covered almost entirely by Uncle Sam. Your pocketbook is safe.

[ColemanMaskell]

1. Thanks for posting that

[Foggyhill]

4. Thats why I was pissed off at many here

There is a reactionary bent on the left that's not unlike the tea party to the right

Selectively picking info to make a point

Health care costs have been going up a lot every year and that needs to be fixed, but attacking aca because it's not single payer is just helping the right in this moment

[ismnotwasm]

3. K&R

[CTyankee]

5. this was straightened up BIGLY on Morning Joe today and Joe and Mika had to sit and listen...

watching their credibility on this issue shredded on the air! Boy, did I laugh!

[pnwmom]

6. Who was on the show?

[CTyankee]

7. IIRC, it was Steve Ratner, who always has the backup charts to prove what he is saying...

but my memory is shot these days, so if I am wrong I apologize...

[underpants]

12. VIDEO

http://www.msnbc.com/morning-joe/watch/rattner-s-charts-who-is-impacted-by-aca-costs-794787907912

[elleng]

8. For information,

NOT 'obamacare,' federal retiree, our bi-weekly premium (for MY plan. self only, 'standard' Blue Cross,) increases for ME by $5.81.

https://www.opm.gov/healthcare-insurance/healthcare/plan-information/premiums/2017/nonpostal-ffs.pdf

[Kahuna]

11. I received my employer Anthem renewal plan for 2017.

For just myself, my premium doesn't go up at all and my deductible came way down.

[louis-t]

9. Try to tell me insurance companies aren't doing good.

All day long, there are insurance commercials on tv. Every channel. The same commercials.

[underpants]

10. Well that appears to be the FULL equation

That always helps.

[pangaia]

13. This is probably not directly connected to Obamacare but.... maybe it is in a way..

My Medicare rates skyrocketed for next year..
And there are two relatively "" insurance companies locally.. both not-for-profit..

Premium will double for less coverage.

CT/Pet Scans and MRIs this year were $100-150.
2017 it is 20%!

Hospital stays 2016-- $300/day 2017 $390/day

Outpatient surgery-- 2016 $300 2017 $600 !!!!

Ambulance-- 2016-- $200 2017 $300

and on and on...........

[pnwmom]

15. Right. Medical and drug costs are rising everywhere -- single payer isn't the magic answer,

because our single payer programs -- Medicare and Medicaid -- are experiencing it, too.

We have to regulate costs better. Period.

[kelly1mm]

14. Perhaps i am confused, I am not supposed to be alarmed by ACA premiums going up by 25%

because 'the taxpayers' are paying the total amount of the increase in the majority of cases?

What about being outraged that we are using our tax dollars to fund private health insurance at all, let alone INCREASING the subsidy paid out? (That many people can't actually use because of the outrageous deductibles before 'coverage' starts)

[Ron Obvious]

16. Exactly!

Anybody who thinks that this is sustainable is fooling themselves. We need cost controls and government using its bargaining power to keep prices down, not just shoveling wheelbarrows of cash into the current out-of-control freight train of a system.

For the record, our premiums (not Obamacare) are going from $825 to over $1,000 for two people with a huge deductible, and even then it's like pulling teeth to get the bastards at the insurance company to pay for anything after they routinely deny every claim first time around. Great fun when you're already feeling low and sick.

We don't qualify for a subsidy, btw.

[FrenchieCat]

17. I think it was originally 22% reported...

But the corporate media rounded up after deciding that 25% had greater negative impact in order to affect the elections!