{"id":15664,"date":"2012-09-25T13:49:57","date_gmt":"2012-09-25T17:49:57","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=15664"},"modified":"2012-09-25T13:49:58","modified_gmt":"2012-09-25T17:49:58","slug":"the-impact-of-obamacare-on-health-insurance-premiums","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=15664","title":{"rendered":"The Impact Of Obamacare On Health Insurance Premiums"},"content":{"rendered":"

The chart below is from Investors.com<\/a>. It shows what has happened to family health insurance premiums<\/a> since 2008.<\/p>\n

\"\"<\/p>\n

The article explains what has caused the rise in premiums:<\/p>\n

First, the law piles on new coverage mandates. It requires insurance companies to provide 100% coverage for various types of preventive care<\/a>, bans lifetime coverage limits, extends parents’ coverage to offspring up to 26 years old, and requires plans to meet certain “medical loss ratios.” Coming up are rules on “essential standard benefits,” limits on deductibles, bans on annual spending caps, and much more.<\/strong><\/p>\n

The experience with state mandates show that they only tend to grow over time, and get more expensive. The Council for Affordable Health Insurance<\/a> found more than 2,200 state benefit mandates, which add from 10% to 50% to the cost of coverage.<\/strong><\/p>\n

“One of the biggest cost drivers in our health care<\/a> system is the steady proliferation of federal and state-based coverage mandates,” noted CAHI’s Victoria Craig Bunce.<\/strong><\/p>\n

Meanwhile, ObamaCare<\/a>‘s insurance reforms \u2014 guaranteed issue<\/a> and community rating<\/a> \u2014 will likely raise premiums, too.<\/strong><\/p>\n

Health insurance is a business. It needs to make a profit in order to stay in business. The question here is simple, “Is President Obama<\/a> so ignorant of business practices<\/a> that he does not understand that a business needs to make a profit in order to continue to exist or is President Obama purposefully moving healthcare out of the private sector and into the public sector<\/a>?”<\/p>\n

Public sector healthcare does not work well. There have been so many horror stories coming out of Britain about older people not receiving the proper treatment in the government health system and about all patients having to wait too long for appropriate treatment. If you love your grandmother, you need to elect people in November who will overturn Obamacare.<\/p>\n

\"Enhanced<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

The chart below is from Investors.com. It shows what has happened to family health insurance premiums since 2008. The article explains what has caused the rise in premiums: First, the law piles on new coverage mandates. It requires insurance companies … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[97,4011,132,660,562,7,134,285],"class_list":["post-15664","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-barack-obama","tag-guaranteed-issue","tag-health-insurance","tag-insurance","tag-obama","tag-obamacare","tag-patient-protection-and-affordable-care-act","tag-united-states"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/15664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15664"}],"version-history":[{"count":2,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/15664\/revisions"}],"predecessor-version":[{"id":15667,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/15664\/revisions\/15667"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}