InvestorsHub Logo
Followers 120
Posts 67138
Boards Moderated 0
Alias Born 01/07/2013

Re: None

Friday, 06/23/2017 6:10:40 PM

Friday, June 23, 2017 6:10:40 PM

Post# of 1128
FACT: If the Republicans don't fix Obamacare there won't be any choice for millions and with premium increases again, millions more won't be able to afford it.

New York’s health insurers will request double-digit rate increases for ObamaCare policies for 2018 while debate rages in Washington on overhauling the law, analysts told The Post. New York health plans have requested double-digit rate hikes in each of the past three years.

Last Insurer in Delaware Requests Rate Hike of 33.6% For 2018
Highmark Blue Cross Blue Shield has requested a premium rate hike of 33.6 percent for 2018 to the Delaware Department of Insurance.

The state of Delaware has only two insurers participating on the exchanges this year and after Aetna announced in May that it will pull out of the Obamacare exchanges, Highmark will be the only insurer participating in the state in 2018.

NOT A PROBLEM, there were only 27,000 consumers in Delaware who purchased coverage through the marketplace.

CareFirst asked the Maryland Insurance Administration for average premium increases of 52 percent in 2018, far more than three other insurers on the exchange.
Chet Burell, president and CEO of CareFirst, acknowledged the proposed increases were large but said the carrier estimates it will have lost $600 million in the four years since it began selling plans under the law, known as Obamacare.

Anthem pulls out of ObamaCare exchanges in Midwest, fueling GOP repeal push
The nation’s second-largest health insurer announced Wednesday it plans to pull out of ObamaCare exchanges in Indiana and Wisconsin next year -- a move that fueled GOP calls on Capitol Hill to upend the law.



















Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.