Article

2015-07-05 Economy

Health Insurance Companies Seek Big Rate Increases for 2016

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Posted by Pappy 2015-07-05 00:00|| || Front Page|| [3 views ] Top

#1 Some say the marketplaces have not attracted enough healthy young people. “As a result, millions of people will face Obamacare sticker shock,” said Senator John Barrasso, Republican of Wyoming.

Blaming reluctant youth. Nice touch. Perhaps there might be some method developed for blaming the youth for 'Global Warming' as well. Better they were never born eh ?

Posted by Besoeker 2015-07-05 02:24|| 2015-07-05 02:24|| Front Page Top

#2 From the geniuses people who came up with the ~~racket~~ Balloon Mortgages that brought us to the financial abyss of the '08 Melt Down, behold the Balloon Healthcare program, aka Obamacare. File under - Magic Money Tree.

Posted by Procopius2k 2015-07-05 07:43|| 2015-07-05 07:43|| Front Page Top

#3 oops, that was suppose to be a strike through not an italics. My bad. The sarc is deep this morning.

Posted by Procopius2k 2015-07-05 07:44|| 2015-07-05 07:44|| Front Page Top

#4 Ahhh, the glories of government price fixing, Ain't fascism a wonderful thing?

I particularly like the companies have to raise their prices to help competition. I'm too old to deal with global insanity.

Posted by AlanC 2015-07-05 07:45|| 2015-07-05 07:45|| Front Page Top

#5 Ponzi schemes always need more and more new blood coming in. Otherwise it needs to take more from the old blood.

Its not as if this wasn't predicted from the start.

Posted by CrazyFool 2015-07-05 10:38|| 2015-07-05 10:38|| Front Page Top

#6 Rename obamacare - forced extortion.

Posted by newc 2015-07-05 13:10|| 2015-07-05 13:10|| Front Page Top

#7 That was the problem with Obamacare in the beginning.

The uninsured that Obamacare wanted to save, were mostly young healthy citizens who did not perceive a need for insurance.

When you look at the piles of stuff in the mandatory package, contraception, abortion, pediatric, geriatric, ob-gyn(even for males), Obamacare is a tax and a Ponzi scheme all in one.

The healthy who are forced to purchase care pay for the care of the unhealthy.

The unhealthy are the only ones who have an incentive to sign up for Obamacare.

That and the fact the fine print in Obamacare make it a grand payoff to the insurance industry for their support of Obama in two elections. Much as the stimulus was a payoff to the banks and wall street who donated millions to Obama knowing he would make them all rich with the stimulus.

Posted by Bill Clinton 2015-07-05 16:03|| 2015-07-05 16:03|| Front Page Top

#8 Sounds like it is time for 'the states' to step in. Or 'the state'.

FORWARD to the Detroitifcation of America!

Posted by Airandee 2015-07-05 18:30|| 2015-07-05 18:30|| Front Page Top

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