Irony: liberal MSM that pushed ObamaCare now lament that "federal mandates jack up costs:: "An ironic headline from The Grand Rapids Press: The cost of health insurance reform: Federal mandates jack up costs
From the article via MLive:
When clients looking to renew their health insurance policies wince at the steep rate hikes for 2011, Joel Schaaf feels their pain.This is ObamaCare by design - bankrupting the system so that people have to seek out healthcare themselves. And with the increasing expense because of ObamaCare, people will clamor. And when there is a critical mass of such people, the government will swoop in and want to offer a public option to fix a problem that they themselves have created. Game, set, match. But there is some hope: Report: House to vote on repealing ObamaCare on January 12"
Like many of his clients, the Georgetown Township agent’s health insurance bill recently took a big jump: Golden Rule raised the monthly fee by $100 to $353. And, like his clients suffering from sticker shock, Schaaf is comparing companies and plans in the hope of finding a lower-cost remedy.
Rate increases, fueled in part by wellness provisions required by health care reform, have hit many individual and small-group plans hard, agents say.
...Schaaf said most policy renewals are coming in at 20 percent to 35 percent increases.
He cites the example of a company with about 10 employees. Under its Blue Cross Blue Shield plan, its family rate rose from $1,311 a month to $1,583, a 21 percent increase.
To keep costs down, he said many employers are increasing deductibles — to $4,000, $6,000 or even $10,000. Some are shifting to health savings account plans, in which employees can make tax-deductible contributions to a fund to pay for unreimbursed medical expenses.
Kurt Buursma, a Holland agent, said most policies he sees are going up 20 to 25 percent. His own family insurance policy with Humana has doubled in four years, from $102 a month to $203.
...He also has seen many people lose employer-sponsored health care coverage.
“I’ve had three different clients tell me they are shutting their health plan down or closing their company in the past week,” Buursma said.
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