Predictions of Obamacare premium spikes were wrong

[RunInRed 16,385]

Nearly 20 states have released preliminary information about premiums for insurance policies sold on their insurance exchanges, and the nightmare scenarios have not come to pass. In most of those states, the average increase across all exchange plans is in the single digits. [...]

Larry Levitt, vice president for special initiatives at the Kaiser Family Foundation, said he's surprised by the variation in proposed changes but that on average, premiums are working out to about what he expected: hikes of 7 percent to 8 percent in most places.

http://www.nationaljournal.com/health-care/obamacare-premiums-aren-t-living-up-to-doomsayers-predictions-20140721

Rises of 7 or 8 percent per year are still nothing to sneeze at, but in the years before Obamacare took effect, most would have been giddy to have their family's yearly premium increases rise by only 7 or 8 percent instead of the more typical double or triple that.

h/t

[Proud Tiger 4,261]

I guess it depends on what you want to believe.

http://dailycaller.com/2014/07/21/floridas-largest-obamacare-insurer-rate-hikes-coming-in-2015/#ixzz388yMhceQ

[AUcivE09 582]

I was giddy with what I had - I am sure my neighbors would scoff at that as well. The real cost is not in the premiums. The out of pocket max is where I will get hit the hardest in a bad situation. Not to mention emergency room trips and just regular doctor visits. Hopefully my new born boy never gets sick or breaks a bone.

[Tigermike 3,025]

My health insurance went up.

[AUtiger98 24]

I was giddy with what I had - I am sure my neighbors would scoff at that as well. The real cost is not in the premiums. The out of pocket max is where I will get hit the hardest in a bad situation. Not to mention emergency room trips and just regular doctor visits. Hopefully my new born boy never gets sick or breaks a bone.

I agree. My cost have doubled on almost everything and insurance will not cover two visits per year to some of the doctors we use. However, in order to get a prescription refilled (government regulation), we have to go to the second visit (out of pocket cost).

The more we spend on medical the less we spend on going out to eat, travel, Auburn games, ect. (Less disposable income). Yea Socialism.

[autigeremt 6,598]

Unless you agree or believe you are all wrong on this! The law is awesome! Stop being racists!

[cptau 169]

All insurance works he same. If you have car insurance or home insurance with a large claim deductible, then your premium costs will be lower. But you pay premiums and all claims up to the deductible amount.

Most businesses are keeping the costs of their employees' health insurance lower by raising the annual claims deductible amount. Having a deductive of several thousand dollars before any actual insurance kicks in is now common. If your healthy and do not have accidents much, it works. Just don't get seriously ill at the end of the year. The deductible does not carry over from one year to another.

[TheBlueVue 177]

I am just surprised there are people still trying to pawn this debacle of ram rod job on the American people off as something that is better than expected! Good Lord!