Tuesday, May 10, 2016

The ObozoCare Agony for Consumers

Below we mentioned a few pain-points for employers dealing with ObozoCare.

Now it's the consumers' turn!!

...in Virginia, Anthem Inc and Carefirst BlueCross BlueShield are proposing 15.8% and 25% increases respectively. In Oregon, the increases are stunning to say the least. Providence Health Plan, currently the largest insurer for people buying coverage through the Oregon health exchange, is seeking an average increase of 29.6%. Not to be outdone, Moda Health Plan Inc, another large insurer for the state, is proposing a premium increase of 32.3% - this is after a 25% hike last year. For some context as to how out of control premium increases will be for those enrolled in Oregon, Kaiser Foundation Health Plan of the Northwest is asking for an increase of 14.5%, the second lowest percentage increase in the state. Insurers seeking double digit rate increases are citing higher than expected medical costs...

Ron Johnson will explain it all to you, of course.

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