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<blockquote data-quote="HBGPreloader" data-source="post: 1730059" data-attributes="member: 19782"><p>Here's an interesting graphic...</p><p></p><p><img src="http://cdn.factcheck.org/UploadedFiles/2011/10/premium-growth.png" alt="" class="fr-fic fr-dii fr-draggable " style="" /> </p><p></p><p>So, is it just a coincidence that premium increases spiked after obamacare? The short answer is no because even the CBO noted premiums for some policies would immediately jump by ~11% to 13%.</p><p></p><p>The only reason why the increases have been less dramatic lately is the Taxpayers and currently insured are bailing out the health insurers through the law's "risk corridors" and "risk adjustment payments" for participating in the program...</p><p></p><p>"Several insurers released estimates in SEC filings of how much in reinsurance funds they expected to receive for 2014. </p><p></p><p>Of the major payers, <a href="http://www.modernhealthcare.com/section/articles?tagID=5947" target="_blank">Anthem</a> is receiving the biggest payout of more than $667 million. Still, its estimate was $753 million. <a href="http://www.modernhealthcare.com/section/articles?tagID=754" target="_blank">Humana</a> was expecting $586 million and will receive $549 million. <a href="http://www.modernhealthcare.com/section/articles?tagID=720" target="_blank">Aetna</a> is in line to receive $356 million from the premium stabilization program, including payments to Coventry and other subsidiaries, which surpasses its estimate of $338 million."</p><p></p><p>Once these programs expire, premiums will skyrocket and millions more will, once again, be without insurance - or worse - they'll be added to the nearly 30 million who, currently, are insurance poor and can't afford to be treated for what ails them - even though they have insurance.</p></blockquote><p></p>
[QUOTE="HBGPreloader, post: 1730059, member: 19782"] Here's an interesting graphic... [IMG]http://cdn.factcheck.org/UploadedFiles/2011/10/premium-growth.png[/IMG] So, is it just a coincidence that premium increases spiked after obamacare? The short answer is no because even the CBO noted premiums for some policies would immediately jump by ~11% to 13%. The only reason why the increases have been less dramatic lately is the Taxpayers and currently insured are bailing out the health insurers through the law's "risk corridors" and "risk adjustment payments" for participating in the program... "Several insurers released estimates in SEC filings of how much in reinsurance funds they expected to receive for 2014. Of the major payers, [URL='http://www.modernhealthcare.com/section/articles?tagID=5947']Anthem[/URL] is receiving the biggest payout of more than $667 million. Still, its estimate was $753 million. [URL='http://www.modernhealthcare.com/section/articles?tagID=754']Humana[/URL] was expecting $586 million and will receive $549 million. [URL='http://www.modernhealthcare.com/section/articles?tagID=720']Aetna[/URL] is in line to receive $356 million from the premium stabilization program, including payments to Coventry and other subsidiaries, which surpasses its estimate of $338 million." Once these programs expire, premiums will skyrocket and millions more will, once again, be without insurance - or worse - they'll be added to the nearly 30 million who, currently, are insurance poor and can't afford to be treated for what ails them - even though they have insurance. [/QUOTE]
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