Have your health insurance premiums gone up?

aceattorney

aceattorney

TXB Join Date: 02/2002
Sep 11, 2013
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But here's the explanation:

We also explained the “bit of misleading math” the campaign used: It divided an estimate for national health care savings by the U.S. population and, as an Obama adviser told us, “consider[ed] a 4 person family.” The president said he would “lower premiums,” but the Obama camp was counting on trickle-down savings that would affect families in the form of reduced taxes, higher wages or lower premiums. As we said at the time: “Obama claims families will save $2,500 under his plan, but they won’t see at least some of those savings directly in the form of lower premiums. And they may not see them indirectly either.”

Obama was talking about a reduction in health care spending compared with what would have happened without his health plan — not a straight reduction, though he didn’t explain that in his comments.
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Source: http://www.factcheck.org/2013/11/fighting-premium-spin-with-more-spin/

Basically, Obama is counting on a trickle-down economy and some fuzzy math to keep his promise.
 
lies

A plan that was started to help 30 million to get health care has already lost health care for 7 million and only added 5 million. Most of which are medicare and 30% or so have yet to pay. I won’t even get into the how the separations of power laws have been violated 27 times by "the pouts". add to that higher overall cost in health care and the ACA is a cluster fluck.
 
I had a pretty good insurance that went up drastically. The increase was far above the norm. I ended up getting a lesser insurance for the same price. It's pretty similar except I have to pay all diagnostic imaging, X-rays, MRI, CT-Scan, etc., up to $3000. EKG's aren't included either which I'm pissed about because of family heart history and the PVC "skip beat" I have.
 
Not that I know of. Though to be honest I haven't checked and don't really need to.
 
Yeah, but only a little. Like $5 a month or something.
 
Dunno. I'm too lazy to check it out. Is that wrong? :eek: I probably should check it out anyway to make sure where all my money goes to.
 
Have your health insurance premiums gone up?

Yeah, they've gone up every year for everyone. The average family is at least getting more out of their healthcare now, more for more you could say.
2013-ehbs-6-4.png


Obama's pledge was wrong, but there's not a lot of evidence that the ACA is causing rates to rise. It's still TBD as the data rolls in.

Mine didn't change, but I'd image those with pretty s***ty coverage have seen their rates increase.
 
Mine went up $60/month. Family of 4 and we have a good plan (90/10 copay) that the company I work for helps subsidize some of the cost. Including dental I am paying about $500/month now. Not complaining as we've gotten our money's worth and I know others paying more for less.

I will say that this new healthcare program is one hot mess and people haven't even seen the problems that are going to arise.
 
I'm a college grad and I've been unemployed. I have pondered enrolling into the ACA, but honestly when my cursor hovers over the apply button, I'm not sure what that is committing me to. Does that just make Medicaid enroll me for free health care? Or does that just put me into some weird Insurance Exchange Market dealy which I would have to figure out how to pay for?

So I'm probably going to be stuck with the tax penalty.

Just this week though, I'm starting work at a restaurant with Benefits, so maybe I'm better off not having enrolled in this thing anyway. Or maybe if these benefits start, I won't get the Tax Penalty.
 
Kaiser Premium Package for a family of 4 ($5 co-pays on visits, scripts, RI) . Part of this package also included dental at 65% of which I barely if ever used, exception my two youngings. $385 a month

Kaiser Premium Package for family of 4 ($0 co-pays on scripts, $5 on visits, RI and no co-pay for ER). This package also includes dental at 85% and vision at 75% frames, free checkups and screenings. 225 a month.

I pay less now.

Difference in the two is now I shopped the plan and purchased it, not through my employer whom at that time didn't offer paid medical (they are in 2015). Also with the latter I pay a tad bit more for anything cosmetic or long term care.
 
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horns said:
Have your health insurance premiums gone up?

Yeah, they've gone up every year for everyone. The average family is at least getting more out of their healthcare now, more for more you could say.
2013-ehbs-6-4.png


Obama's pledge was wrong, but there's not a lot of evidence that the ACA is causing rates to rise. It's still TBD as the data rolls in.

Mine didn't change, but I'd image those with pretty s***ty coverage have seen their rates increase.
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You know it says right in the graph how narrow you data is right?
 
My premiums went up 40% in one year :(

and that was before Obama was in office. The ACA is never going to balance the costs out, but people need to stop pretending like everything was "swell" under the old system.

Prices would go up with or without Obamacare. The idea that your costs were flat under the old system are just laughable.
 
Kerosene31 said:
My premiums went up 40% in one year :(

and that was before Obama was in office. The ACA is never going to balance the costs out, but people need to stop pretending like everything was "swell" under the old system.

Prices would go up with or without Obamacare. The idea that your costs were flat under the old system are just laughable.
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This right here. Prices have always gone up, I've and everyone I know have never had prices go down. The only way to get prices to "decrease" is switch plans. I find it ridiculous that prices can go up double digits every year, just like a find it ridiculous that the same surgery can cost $1k at one hospital and $100k at another...
 
morfeeis said:
One company, one type of health care. Not disputed it's stats i'm just saying it's very narrow.
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What are you talking about...one company? This is from almost 3,000 firms randomly selected from the Census' Business division data and done by Kaiser Family, not the same as Kaiser Permanente. It's a pretty good representation of employee sponsored health care costs nationally. Please stahp.

http://kff.org/report-section/2013-summary-of-findings/
 
horns said:
What are you talking about...one company? This is from almost 3,000 firms randomly selected from the Census' Business division data and done by Kaiser Family, not the same as Kaiser Permanente. It's a pretty good representation of employee sponsored health care costs nationally. Please stahp.

http://kff.org/report-section/2013-summary-of-findings/
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It's ridiculous that health insurance premiums have nearly tripled since 1999.
 
I agree. The cost of health care in general has had an upward swing for 20 years. I believe it will take a number of years to realize ACA provisions cost savings. Even then, it might only slow the growth compared to the past, which isn't a bad thing.

In the now, "Obamacare is bad" makes good politics for the uninformed.
 
horns said:
What are you talking about...one company? This is from almost 3,000 firms randomly selected from the Census' Business division data and done by Kaiser Family, not the same as Kaiser Permanente. It's a pretty good representation of employee sponsored health care costs nationally. Please stahp.


http://kff.org/report-section/2013-summary-of-findings/
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i was incorrect about thinking it was just from one provider i still find the scope to be narrow based on the fact that it only covers "employer-sponsored health benefits". Also add that the stats ended in may of 2013 before a lot of people saw rises in their cost.i won't even talk about the fact that they excluded elder people from their survey.

http://www.factcheck.org/2014/02/aca-impact-on-per-capita-cost-of-health-care/
The slowing started before the implementation of the health care law and has remained steady at just under 3 percent in each of the last four years. It was growing much more quickly — at a rate of more than 6 percent a year on average — in the eight years prior to that. In fact, the per capita cost of health care is now growing at the slowest rate in 50 years. The question then is: How much is the ACA responsible for that slowing? On that point, there is much speculation and debate.

In a Jan. 6 article in the journal Health Affairs, CMS — whose nonpartisan economists and statisticians have tracked health care spending since 1960 — noted that health care spending in the U.S. (which generally tracks the trend in per capita health care costs) rose 3.7 percent in 2012, and stood 15.8 percent higher than it did in 2008, the year before Obama took office. That’s moderate growth by historical standards. But when the White House quickly claimed credit, we cautioned that CMS said that the ACA had only a “minimal” impact on the slowdown in spending. The reasons CMS economists cited instead were:

  • The economic slowdown and subsequent sluggish recovery
  • Drops in some prescription drug costs brought about by the expiration of patents on several costly medications including Lipitor, Plavix and Singulair, which are now available in low-cost generic versions, and
  • A one-time reduction in Medicare payment levels to skilled nursing facilities.
The authors of the Health Affairs article suggested the slowdown in health spending may only be temporary, as has been the case after past recessions.

“[T]his pattern is consistent with historical experience when health spending as a share of GDP often stabilizes approximately two to three years after the end of a recession and then increases when the economy significantly improves,” the authors said.

To conclude that the slowdown is permanent, they said, would require “more historical evidence.”

Meanwhile, the White House Council of Economic Advisers issued a report in November 2013 acknowledging that while the ACA is not the sole — or even most important — driver of the slowdown, it is a “meaningful” contributor.
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But seeing as their data stops even before 2013 i'll post a few nmore recent first hand stories

http://www.washingtontimes.com/news...ry-about-new-health-law-ap-gfk-poll/?page=all
http://www.businessweek.com/news/20...wellpoint-sees-double-digit-rate-rise-in-2015

But hey; forbes knows money right?
According to S&S, the average deductible – the amount of money you spend out of pocket before your health insurance kicks in– for plans purchased by a 21-year old man in 2013 was $3,649, bought at an average monthly premium of $144. To purchase a plan with the same deductible now, a 21-year-old would have to pay $261, an 81% increase.


Change in premiums, deductibles, and out-of-pocket maximums by age group

For a 40 year old, the 2013 average deductible was $4,045, and the cost increased 29% to $309. For a 64-year-old man, the cost of a plan with a $3,494 deductible increased 64% to $806.

“If you ignore the subsidies, then apples to apples, as best we can tell, it’s more expensive,” says Richard Evans, the lead analyst on the report. “You’ve got to find some basis for comparison and the best we have is deductible and out-of-pocket maxima. The difference is substantial enough that we’re pretty convinced that health insurance is more expensive is 2014 than in 2013.”

The biggest reason for the increase is that many of the cheap plans that existed previously are no longer legal. The number of plans analyzed in those states decreased from 2,000 in 2013 to 1,200 for 2014. Essentially, Evans says, Obamacare “took the bottom of the market away.”

In fact, according to Evans’ numbers, for 21-year-olds in the most
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http://www.forbes.com/sites/matthew...lth-insurance-costs-especially-for-the-young/
 
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