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NEWS AND VIEWS THAT IMPACT LIMITED CONSTITUTIONAL GOVERNMENT

"There is danger from all men. The only maxim of a free government ought to be to trust no man living with
power to endanger the public liberty." - - - - John Adams

Monday, September 25, 2017

35% Obamacare rate increase in California



And the GOP Does NOTHING


(Press Telegram)  -  Anthem Blue Cross is proposing a 35 percent rate increase for about 135,000 consumers who buy their own insurance in and outside the Covered California exchange. 

It’s the largest increase statewide and assumes that federal subsidies for copays and deductibles will continue to be paid. The second highest, also assuming the U.S. government will continue paying those subsidies, is 28.6 percent by Molina Healthcare.

The company said it stands by its California cost projections in light of growing market volatility. In documents filed with regulators, the company expressed concern that declining enrollment in the individual market would saddle it with a sicker group of policyholders.

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1 comment:

Anonymous said...

look ... before that campaign for 2016 ... i never thought to challenge " that universal health care " creed ... never ask myself if theres something wrong about it ...
i thought taxes , if as they will not go , maybe for universal health those are for a good thing ...
i`m european so ... never challenge that
now ... more ... i realize that thats are only so ... to " help buying votes " , and most so , to "support professional classes from the health system" in a close budget for some pleasure ...
nothing more surprise for news like that ... its a corrupt system , and as follow a corrupt Obamacare one too ...