How will Obamacare hit premiums?
4 posters
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How will Obamacare hit premiums?
""So we have health care costs and quality of coverage going up, which
are components that would raise premium rates for everyone. But there’s
one other change, the influx of new customers, that could either raise
or lower your premiums, depending on whether you already have coverage.
For those who already have insurance, the Affordable Care Act is
expected to increase premiums by 14 percent. That makes sense when you
think about some of the people likely to enter the market: Those who
previously found coverage too expensive to buy a health plan, perhaps
due to a health condition.
If you’re one of those uninsured Californians, by the way, the
Affordable Care will actually lower the cost of insurance (compared to
life without Obamacare) by 14 percent""
AND a lot of blah blah blah
-> In a nut shell, your premiums will go up at the same rate as they have been in the recent past but will have better coverage, hopefully adios to "preexisting conditions" nonsense, which is a big plus IMO. What does she mean by "ACA will actually lower insurance costs for uninsured Californians"?
are components that would raise premium rates for everyone. But there’s
one other change, the influx of new customers, that could either raise
or lower your premiums, depending on whether you already have coverage.
For those who already have insurance, the Affordable Care Act is
expected to increase premiums by 14 percent. That makes sense when you
think about some of the people likely to enter the market: Those who
previously found coverage too expensive to buy a health plan, perhaps
due to a health condition.
If you’re one of those uninsured Californians, by the way, the
Affordable Care will actually lower the cost of insurance (compared to
life without Obamacare) by 14 percent""
AND a lot of blah blah blah
-> In a nut shell, your premiums will go up at the same rate as they have been in the recent past but will have better coverage, hopefully adios to "preexisting conditions" nonsense, which is a big plus IMO. What does she mean by "ACA will actually lower insurance costs for uninsured Californians"?
confuzzled dude- Posts : 10205
Join date : 2011-05-08
Re: How will Obamacare hit premiums?
adios to "preexisting conditions" nonsense
While they wont deny coverage to people with preexisting conditions, wont they charge an arm and a leg for the coverage? ex: low risk person - $200 per month vs high risk, preexisting conditions person $1500 per month.
While they wont deny coverage to people with preexisting conditions, wont they charge an arm and a leg for the coverage? ex: low risk person - $200 per month vs high risk, preexisting conditions person $1500 per month.
nevada- Posts : 1831
Join date : 2011-04-29
Re: How will Obamacare hit premiums?
Insurance cannot even UTTER the word "Pre-existing" on any account - that is the spirit of the law.
But, leave it to the IVY crooks - they will find a way to rip the people off.
But, leave it to the IVY crooks - they will find a way to rip the people off.
Marathadi-Saamiyaar- Posts : 17675
Join date : 2011-04-30
Age : 110
Re: How will Obamacare hit premiums?
Affordable healthcare act will increase everyone's premiums. It is the law.
truthbetold- Posts : 6799
Join date : 2011-06-07
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