Q: Will this new insurance regulation drive up my health insurance costs? A: No...

[AK Forty Seven]

Quote from gwb-trading:

Link to the original article.



The current rate increases are generally greater than those from the pre-Obama Care decade, so much for keeping individual and small business healthcare costs down.

Employer-Sponsored Health Insurance Premiums Increase 119 Percent from 1999-2008,that averages a double digit 13 % increase a year

 

[AK Forty Seven]

The biggest increases are in the individual market.Most people get coverage from their employers and their increases are lower then the previous decade

http://www.cnbc.com/id/100356657


"The proposed increases compare with about 4 percent for families with employer-based policies."

 

[Mav88]

Quote from AK Forty Seven:

Employer-Sponsored Health Insurance Premiums Increase 119 Percent from 1999-2008,that averages a double digit 13 % increase a year

challenged liberal, your vaunted gov't schools failed you.

An increase of 119% over 9 years means that the average yearly in increase, I, is given by:

I=(2.19)^(1/9) = 1.09, or the increase per year was 9%

It's called compounding, look it up sometime

 

[nutmeg]

Quote from AK Forty Seven:

To make access to health insurance available to everyone

How does that work? If you couldn't afford health insurance before Barry how can people afford health insurance with Barry's affordable health care act?

A broke ass hood rat without insurance is still a broke ass hood rat with Obama care.

The key word here seems to be "insurance" not treatment. Gang bangers always got treated for gun shot wounds. Pregnant ho's had free pre natal health care and delivery. What's in it for me?

 

[Lucrum]

Quote from nutmeg:

How does that work? If you couldn't afford health insurance before Barry how can people afford health insurance with Barry's affordable health care act?

A broke ass hood rat without insurance is still a broke ass hood rat with Obama care.

The key word here seems to be "insurance" not treatment. Gang bangers always got treated for gun shot wounds. Pregnant ho's had free pre natal health care and delivery.





What's in it for me?

HIGHER TAXES

 

[AK Forty Seven]

Quote from nutmeg:

How does that work? If you couldn't afford health insurance before Barry how can people afford health insurance with Barry's affordable health care act?

A broke ass hood rat without insurance is still a broke ass hood rat with Obama care.

The key word here seems to be "insurance" not treatment. Gang bangers always got treated for gun shot wounds. Pregnant ho's had free pre natal health care and delivery. What's in it for me?

Access as in anybody wanting and able to buy health insurance can,before obamacare you could have wanted to buy health insurance but couldn't because of a pre existing condition

Many poor people will get medicare or get subsidies to help pay their insurance

 

[AK Forty Seven]

Quote from nutmeg:

What's in it for me?

<iframe width="420" height="315" src="http://www.youtube.com/embed/JLdA1ikkoEc" frameborder="0" allowfullscreen></iframe>

 

[377OHMS]

Quote from Mav88:

challenged liberal, your vaunted gov't schools failed you.

An increase of 119% over 9 years means that the average yearly in increase, I, is given by:

I=(2.19)^(1/9) = 1.09, or the increase per year was 9%

It's called compounding, look it up sometime

Yep:

% compound interest script
i = 119 % percent
y = 9 % years period
s = 1 % year subperiod

iy = (1 + (i/100))^(s/y) - 1 % equivalent subperiod interest rate

iy = 0.0910 or 9.1%

 

[John_Wensink]

But obamacare was supposed to stop the rising cost of healthcare.

Just admist defeat. You cannot win this one.

The Q and A was from the whitehouse, not me.

Quote from AK Forty Seven:

Access as in anybody wanting and able to buy health insurance can,before obamacare you could have wanted to buy health insurance but couldn't because of a pre existing condition

Many poor people will get medicare or get subsidies to help pay their insurance

 

[AK Forty Seven]

Quote from John_Wensink:

But obamacare was supposed to stop the rising cost of healthcare.

Link to Obama saying that