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FreakinDJ

(17,644 posts)
Thu May 19, 2016, 09:35 AM May 2016

Obamacare Rates Rise in New York, and So Does Political Risk

The rates Americans pay for coverage through Obamacare are going up, as New York joins the list of states where insurers are seeking big increases in premiums under the program, adding risk for the law as the U.S. presidential election heats up.

New York’s health insurers are seeking to raise the amount that customers pay for individual Obamacare plans by an average of 17.3 percent for 2017. That’s alongside sharp increases in Florida, where insurers are looking for 17.7 percent more, and Washington State, where health plans are seeking a 13.5 percent increase from customers.

That sticker shock for Obamacare customers could spell trouble for the law and its supporters. Republicans have already criticized President Barack Obama’s signature domestic policy law for limiting consumers’ choices. They may increasingly point at the law’s costs to consumers, especially as the plans become less affordable for people who get small or no subsidies under the program.




“Obamacare is going to be a huge political issue,” Robert Laszewski, an industry consultant who runs Health Policy and Strategy Associates, said in an interview. “These premiums are getting crazy.” The situation hasn’t been helped as some insurers, like UnitedHealth Group Inc., pull out of the markets.



http://www.bloomberg.com/news/articles/2016-05-18/obamacare-plans-in-new-york-seek-to-raise-premiums-by-17-percent

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Obamacare Rates Rise in New York, and So Does Political Risk (Original Post) FreakinDJ May 2016 OP
The last raise my husband got was 1.5%. -nt CrispyQ May 2016 #1
Of course the rates are going up. That's the plan. arcane1 May 2016 #2
Obamacare will not last as it is and it's time for stage two.Public option, or all out single payer. ViseGrip May 2016 #3
Message auto-removed Name removed May 2016 #4
 

arcane1

(38,613 posts)
2. Of course the rates are going up. That's the plan.
Thu May 19, 2016, 09:42 AM
May 2016

Maybe next time we shouldn't let the Heritage Foundation invent our health care system for us.

 

ViseGrip

(3,133 posts)
3. Obamacare will not last as it is and it's time for stage two.Public option, or all out single payer.
Thu May 19, 2016, 09:43 AM
May 2016

Response to ViseGrip (Reply #3)

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