Study show nearly 1/3 of companies plan to drop health care when obamacare is initiat

You need to read up on Obamacare;

Patient Protection and Affordable Care Act - Wikipedia, the free encyclopedia

Many other provisions also went into effect the same date. Other provisions started Effective at enactment, Effective June 21, 2010, Effective July 1, 2010, and Effective by January 1, 2011.

 

...and if Obama had just left it all alone, the profiteering corporate mobsters would have just kept things affordable for all, right? Fact is they were going up regardless. Harnessing them in some fashion, is a step in the right direction. Corporations have all but destroyed this country and almost everything good there ever was. They're going to rape everybody regardless. My doctor has a minute and a half to spend with me, yet costs are astronomical and continue to skyrocket. Greed....plain and simple. Nobody wants to make a fair profit anymore. They just want more. Perhaps if the rapists hadn't been rapists to begin with, intervention by government wouldn't have been needed. Oh well. Either way, the corporate pigs will suck the system dry, and blame everybody else for it. Capitalism via a laptop 101.

 

Oh I see. The annual increases that have been going on every year for over a decade are NOW Obama's fault because he passed a law that in part at least restrains the insurance industry from gouging us. But the insurance industry is completely innocent right? Let us not forget which party took all that insurance industry cash to fight tooth and nail not to have a single payer system, not to have a full universal health care system, and to keep as many cost controls out of the final bill as possible and still voted against it. I could almost weep with pity for you Republi-CONS but it would be after a long, long uncontrollable laughing fit.

The last decade

RISING PREMIUMS

Year Single Family


2000 $2,471 $6,438

2001 $2,689 $7,061

2002 $3,083 $8,003

2003 $3,383 $9,068

2004 $3,695 $9,950

2005 $4,024 $10,880

2006 $4,242 $11,480

2007 $4,479 $12,106

2008 $4,704 $12,680

2009 $4,824 $13,375

Source: Kaiser Family Foundation; Health Research & Educational Trust

 

It's always the same with you Dr PHD...you put so much faith in what someone else tells you to believe but you dismiss reality rather quickly when it doesn't jive with your ideology. The truth is Obamacare will keep it's hands off of our private insurance plans unless...and this is important...a rate hike accurs or there is a change in coverage. Obviously rates do increase & coverage is adjusted so Pelsoi & Weiner may not have been lying techincally when they promised we could keep our existing coverage but they knew those private carriers would be falling off at a pretty good clip. It is a fact that insurance companies are raising their rates & reducing their coverage now in anticipation of being handcuffed in the near future...and these companies are gambling that the cushion they are creating today doesn't cause them to lose their current customers.

 

While increasing their premiums 20% last year Blue Cross & Blue Shield doubled their profits in one year. But go
ahead and blame the new health care law. That makes perfect sense.


The parent of Blue Cross & Blue Shield of Illinois raked in $1.1 billion in profit last year, a doubling of 2009's results that is likely to stoke the controversy over skyrocketing health insurance costs.

Chicago-based Health Care Service Corp. has kept up the torrid pace in 2011, with net income leaping by nearly two-thirds to $437 million in the first quarter from $275 million a year earlier.

The robust financial performance comes amid nationwide criticism of the health insurance industry, which is basking in record profits thanks to double-digit premium increases and reduced claims, as budget-minded consumers put off going to the doctor. Just this month, non-profit Blue Shield of California said it would take the rare step of refunding $167 million to customers and place a cap on future profits after an outcry about premiums and executive compensation.



Read more: Blue Cross profits surge | In Other News | Crain's Chicago Business
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All I ask is to then explain the last decade of exactly what you are complaining about. Obama wasn't around but rates still climbed. Was it Magic???

 

I never claimed premiums weren't increasing. I said premiums are increasing & coverage is being reduced at a much more rapid pace due to Obamacare.

 

Funny how the Blue Cross profits have almost returned to the levels before Bush cut them. BTW, you do realize that they are required by law to use their best efforts to make a profit?

 

Where is your data on that little opinion?

 

I am speaking as one of the decision makers of a company that employs 300+ people. Our policy is up for renewal in July & we have been in discussions with several providers.

 

Well, thanks for the anecdotal opinion anyway. Saying, "...premiums are increasing & coverage is being reduced at a much more rapid pace due to Obamacare." certainly implies a cause and effect relationship which is in no way supported by your experience picking new group health care providers but I'm sure it wasn't meant as a factual statement.

 

Try reading Blue Cross profits surge | In Other News | Crain's Chicago Business (I wonder where that link came from). It does a good job of supporting David - when you really read it.

 

You haven't heard because you've got your ears plugged and you've been stomping your feet, pretending like you know everything. The most plain and simple 'valid' reason I've heard is.... are you listening now??? ....... How can this be paid for over the long term? How can healthcare be free to millions of people? Who's going to provide this health care for free, (or at least reduced rates), to MILLIONS of new people who aren't paying a dime?? If doctors were willing to provide their services for free, they can do that now!! How will you be able to get in to see a doctor! Anything that's free WILL be taken advantage of to the level of abuse. Guaranteed.

Once again you want and expect the unfeasible. I want my car to run on air so I don't have to pay for gas! Fuel should be free! It would be much cheaper and better for the environment. But guess what!? Me wanting that isn't going to physically make that happen. Nor is wanting free healthcare for everybody going to fix everything for good just because that would be nice too. It physically can't work.

The way I see it, the people getting it for free are going to be low priority and get the least anyway. Not much different than it is now. People that are paying like us, will receive much less at much higher costs, with a longer waiting period. Nothing is fixed here. Unless you think taking the profit away from private insurers (leaving more people unemployed) to let the government botch another program that they have no business being in, is something being fixed.

What's sad is, no matter how badly they end up botching it, you'll be on here with the smallest scrap of positive news, from the remotest part of the internet, telling us how well it's working.

 

Yeah, Dr PHD likes to buy in to the Lib propaganda that's for sure. Heck, he's to the point now where he believes everything they say even when the real world rollout indicates otherwise. What's scary is that BO is virtually guaranteed another 4 years as long as the masses continue to accept what the libs are throwing out there, as Dr PHD is doing.

 

I'd still like to see your cause and effect relationship.

 

Cause - see post #21
effect - see post #32

 

How about when the insurance rep (who is trying his hardest to make a sale) begins his pitch by attempting to explain why they raised their rates 11% instead of their historical 4-6%? Has happened more than once this month.

 

I heard that thing about law and profit. Reminds me that huge corporations and an individual person are legally, exactly the same.

 

Anyway, all your nonsensical arguments aside, there is a story this morning of a guy that robbed a bank for $1 and then sat down and waited for the police to arrest him. Why did he do this? He had a lot of health problems and no job, no way to get health care so he decided that getting free health care from the prison system was his only option. Crimes for health care? That is what the richest country on the planet has been reduced to through greed. Nice!

James Verone Robs Bank For Jail Health Care (VIDEO)

 

The root of the problem is that the poor guy couldn't find a job in this Obamaconomy. Or maybe he didn't want to work; the article didn't say.