[Vision2020] ObamaCare Premiums will increase 5-6% for 2015

Thu Feb 5 15:19:22 PST 2015

Apples and oranges. I am citing the major increase in premiums pre and
post democrat care. You keep talking about amount of increase after the act
was put in place. Telling the persons who saw a 73-78% hike in their
premiums (I haven't even gotten around to mentioning the sizable increases
in deductibles) that the yearly increase is likely to be 6% is not likely
to be overly impressed.

Of course all of this gets away from the point of the original discussion
which, if I remember correctly was, why a big proponent of inflicting Obama
care on everyone else should be whining when the government turns its eye
on him? I should think that such a person would be only too happy to pay
more for the grand privilege of participating in dear leaders legacy.

g

On Thu, Feb 5, 2015 at 1:35 PM, Gier, Nicholas (ngier at uidaho.edu) <
ngier at uidaho.edu> wrote:

>  Hi Gary,
>
>
>  The figures I gave were projections for 2015.  You are citing 2014
> figures.  The rate of increase, just as in Mass., are going down steadily.
> The people who lost their plans last year will most likely see the same
> 5-6% over premiums that were going up and up before the ACA.
>
>
>  nfg
>  ------------------------------
> *From:* vision2020-bounces at moscow.com <vision2020-bounces at moscow.com> on
> behalf of Gary Crabtree <moscowlocksmith at gmail.com>
> *Sent:* Thursday, February 5, 2015 11:16 AM
> *To:* Nicholas Gier
> *Cc:* vision2020
> *Subject:* Re: [Vision2020] ObamaCare Premiums will increase 5-6% for 2015
>
>   "With regard to Gary Crabtree's claim that the millions who lost their
> health plans received new plans with higher premiums, all that I could find
> is what is appended below."
>
>  "Without exact data, I can speculate with some confidence that those who
> lost their plans are in better and more comprehensive plans at perhaps
> slightly higher premiums.
>
>  I suppose that I should accept any admission that I was right as a
> miracle and call it good but, leaving well enough alone is just not in my
> nature. You admit the higher part of my contention, let's look at the
> "slightly."
>
>  Since CNBC is a source you seem to like, this from their web site:
>
>  "In analysis published this week
> <http://www.healthpocket.com/healthcare-research/infostat/obamacare-2014-premiums-higher-than-pre-reform-market?_ga_variation=1&utm_expid=60784014-14.Zlx56I0SQAqKSdO9tJpZVg.1&utm_referrer=http://www.healthpocket.com/#.VFPMO_nF-bM>,
> the website HealthPocket.com <http://www.healthpocket.com/> compared the
> average premiums people paid in 2013, before Obamacare plans went on
> sale, to 2014 plan prices. HealthPocket looked at premiums paid by
> non-smoking men and women, ages 23, 30 and 63, in all 50 states and
> Washington, D.C.
>
> "HealthPocket found that the average health insurance premium increased
> by double digits for each group examined, though some groups saw a much
> steeper increase than others," the report said.
>
>  For 23-year-old non-smoking men, the average premium for all plans
> jumped 78 percent in 2014, the report said. Women of the same age saw a
> 45-percent hike.
>
> For 30-year-olds, the increases were 73 percent for men and 35 percent
> for women. Only the 63-year-old age group saw bigger price hikes for women,
> with females paying 37.5 percent more for insurance on average in 2014, and
> men paying an average of nearly 23 percent more."
>
>
>  Perhaps your definition of slight and mine are slightly different?
>
>
>  g
>
>
>
> On Wed, Feb 4, 2015 at 6:17 PM, Nicholas Gier <ngier006 at gmail.com> wrote:
>
>>  Visionaries:
>>
>>
>>
>> With regard to Gary Crabtree's claim that the millions who lost their
>> health plans received new plans with higher premiums, all that I could find
>> is what is appended below.  As was the case in RomneyCare, Massachusetts
>> led the nation in declining health care premiums, and now ObamaCare is
>> effecting that trend nation-wide. If we had done Medicare for All, premiums
>> would be even lower. For years health care premiums were increasing at
>> double-digit rates and administrative costs for pre-ACA plans were in the
>> 20-30 percent range with Medicare admini. costs below 10 percent.
>>
>>
>>
>> Without exact data, I can speculate with some confidence that those who
>> lost their plans are in better and more comprehensive plans at perhaps
>> slightly higher premiums.
>>
>>
>>
>>
>> http://finance.yahoo.com/news/obamacare-2015-low-premium-increases-110000415.html
>>
>> On average, consumers can expect modest increases of about 5.6 percent
>> from last year according to PriceWaterhouseCooper
>> <http://www.pwc.com/us/en/health-industries/health-research-institute/aca-state-exchanges.jhtml>,
>> which analyzed data from 43 states and Washington D.C.
>>
>> To be sure, health premiums increase each year and have long before
>> Obamacare. Now, health experts say that because of several provisions in
>> the law, premium price growth is actually slowing.
>>
>> The average proposed premium was about $381. Of course, the price of
>> premiums varies widely from region to region. In Colorado, for example,
>> rates range from a 22 percent decrease to a 35 percent increase, according
>> to the study.
>>
>> A separate analysis by the Robert Wood Johnson Foundation
>> <http://www.rwjf.org/content/dam/farm/reports/issue_briefs/2014/rwjf416395> found
>> that premiums would increase an average of less than 5 percent from last
>> year.
>> Sticker shock? Not. Obamacare's proposed 2015 rates
>>
>> Dan Mangan <http://www.cnbc.com/id/100731877>
>>
>> Friday, 3 Oct 2014 | 12:53 PM ETCNBC.com
>>
>>
>>
>> Dire warnings by Obamacare opponents of dramatically higher insurance
>> premium prices in 2015 are not being borne out nationally, according to new
>> data
>> <http://www.pwc.com/us/en/health-industries/health-research-institute/aca-state-exchanges.jhtml> showing
>> proposed prices are rising moderately, on average, nationally.
>>
>> While the single-digit average price increases, coupled with a rise in
>> the number of insurers selling Obamacare plans for next year, suggest
>> enrollment could remain fairly strong in the new form of insurance in the
>> short term, questions remain about relative price stability over the long
>> term.
>>
>> Six states and the District of Columbia already issued approved rates for
>> individual insurance plans in 2015, and the average premium is rising just
>> 2.5 percent, PricewaterhouseCoopers found in its updated report
>> <http://www.pwc.com/us/en/health-industries/health-research-institute/aca-state-exchanges.jhtml>.
>> These plans go on sale Nov. 15.
>>
>> The average premium in those states—across different price tiers and
>> ages—would be $327 per month. But that average doesn't reflect the effect
>> of federal subsidies that about 85 percent of Obamacare enrollees receive.
>> Those subsidies, which are based on income, can substantially cut actual
>> payments.
>>
>> And in the 38 states and D.C. that have finalized rates or released
>> proposed rates for such plans, the average premium would rise 6 percent,
>> PwC said. The average premium would be $382 per month, before subsidies are
>> factored in.
>>
>> Just one state so far, Louisiana, has reported that rates are proposed to
>> rise more than 10 percent. Cajun State residents are faced with an average
>> proposed premium hike of 15.3 percent for individual plans. At the other
>> end of the spectrum are Oregon's finalized rates, which are 2.5
>> percent lower than that state's 2014 premiums.
>>
>> "I think it's probably coming as a relief to many that we're not seeing
>> double-digit rate increases," said Ceci Connolly, managing director of
>> PwC's Health Research Institute. "I think that the worries about
>> excessively high costs and prices have not materialized."
>>
>> Connolly said the 6 percent average tracks "very closely what the average
>> [premium increase] is in in the employer-based market," which is where most
>> Americans get health coverage. And that average is 2.2 percentage points
>> lower than what PwC found when it first began tracking proposed rate hike
>> disclosures in states in mid-summer, she said.
>>
>>
>>
>>
>>
>>
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>
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