Gee, BCBS of NC Hikes Rates Due To Obamacare

Readability

Gee, BCBS of NC Hikes Rates Due To Obamacare

By A.P. Dil­lon

Blue Cross and Blue Shield of North Car­olina just announced a big rate hike. The reason?

Oba­macare.

Grand­fa­thered plans will see a double-​digit hike around 13.5%, but those who have plans tran­si­tioned under Oba­macare are going to have a coro­nary. Their rates will jump any­where from 19.2% to 25.7%.

Afford­able Health­Care Act”. ‘A Fam­ily of four will see a reduc­tion of $2500′. Rii­i­i­ight.

Triad Busi­ness Jour­nal Reported:

Cus­tomers with so-​called “tran­si­tional plans” — those plans pur­chased after the pas­sage of the ACA and allowed to be con­tin­ued by the Obama admin­is­tra­tion in 2013 — will see the high­est jump, with an aver­age increase of 19.2 percent.

WRAL also reported:

Blue Cross Blue Shield of North Car­olina has asked state reg­u­la­tors for a 25.7 per­cent aver­age rate increase on indi­vid­ual insur­ance plans pur­chased under the Afford­able Care Act for 2016.

Gee, if only some­one had warned the peo­ple this would hap­pen. Oh wait.. some­one did.

North Car­olina Sen­a­tor Thom Tillis, who beat Oba­macare sup­port­ing incum­bant Kay Hagan in 2014, issued a state­ment. In the state­ment, Tillis called for an ‘off-​ramp’ from Obamacare:

“Today’s announce­ment that North Car­olini­ans cov­ered under the President’s health­care law will be hit with more crush­ing pre­mium rate increases is yet another con­fir­ma­tion that the Afford­able Care Act is not afford­able and is cre­at­ing hard­ship for mil­lions of fam­i­lies. Hard­work­ing Amer­i­cans deserve an off-​ramp from Oba­maCare to a patient-​directed health­care mar­ket that will con­trol costs and give them more free­dom to make their own health­care decisions.”

These hikes are hit­ting in other states, not just North Carolina.

Ten­nessee has it worse, Blue Cross is spik­ing rates up to 36% next year. New Mex­ico is get­ting slammed with a 51% hike. In Michi­gan, a hike by Blue Cross of over 11% is sought, amongst other insur­ers that seek up to a 37% increase.

Hawaii, whose Oba­macare exchange is implod­ing, will see a huge hike — 49%.

Wall Street Jour­nal reports hefty increases in mul­ti­ple states, the aver­age of which is 29% or more. The Wall Street Jour­nal also notes these hikes must be jus­ti­fied to the Obama administration.

Flash­back to 2010: Feds fire warn­ing shot to health insur­ers
Flash­back to 2012: Insur­ance Indus­try Warns Of Higher Rates Due to Obamacare

Reminder, this past March, Pres­i­dent Obama taunted those who crit­i­cized Oba­macare. Gee, Mr. Pres­i­dent, We Told You So.

DM7 small LL1885A.P. Dil­lon resides in the Tri­an­gle area of North Car­olina and is the founder of LadyLib​er​ty1885​.com.
Her cur­rent and past writ­ing can also be found at IJ Review, Stop​Com​mon​CoreNC​.org and Watch­dog Wire NC.
Catch her on Twit­ter: @LadyLiberty1885

By A.P. Dillon

Blue Cross and Blue Shield of North Carolina just announced a big rate hike. The reason?

Obamacare.

Grandfathered plans will see a double-digit hike around 13.5%, but those who have plans transitioned under Obamacare are going to have a coronary. Their rates will jump anywhere from 19.2% to 25.7%.

“Affordable HealthCare Act”. ‘A Family of four will see a reduction of $2500’.  Riiiiight. 

Triad Business Journal Reported:

Customers with so-called “transitional plans” — those plans purchased after the passage of the ACA and allowed to be continued by the Obama administration in 2013 — will see the highest jump, with an average increase of 19.2 percent.

WRAL also reported:

Blue Cross Blue Shield of North Carolina has asked state regulators for a 25.7 percent average rate increase on individual insurance plans purchased under the Affordable Care Act for 2016.

Gee, if only someone had warned the people this would happen. Oh wait.. someone did.

North Carolina Senator Thom Tillis, who beat Obamacare supporting incumbant Kay Hagan in 2014,  issued a statement. In the statement, Tillis called for an ‘off-ramp’ from Obamacare:

“Today’s announcement that North Carolinians covered under the President’s healthcare law will be hit with more crushing premium rate increases is yet another confirmation that the Affordable Care Act is not affordable and is creating hardship for millions of families. Hardworking Americans deserve an off-ramp from ObamaCare to a patient-directed healthcare market that will control costs and give them more freedom to make their own healthcare decisions.”

These hikes are hitting in other states, not just North Carolina.

Tennessee has it worse, Blue Cross is spiking rates up to 36% next year. New Mexico is getting slammed with a 51% hike.  In Michigan, a hike by Blue Cross of over 11% is sought, amongst other insurers that seek up to a 37% increase.

Hawaii, whose Obamacare exchange is imploding, will see a huge hike – 49%.

Wall Street Journal reports hefty increases in multiple states, the average of which is 29% or more.  The Wall Street Journal also notes these hikes must be justified to the Obama administration.

Flashback to 2010: Feds fire warning shot to health insurers
Flashback to 2012: Insurance Industry Warns Of Higher Rates Due to Obamacare

Reminder, this past March, President Obama taunted those who criticized Obamacare. Gee, Mr. President, We Told You So.

 

DM7 small LL1885A.P. Dillon resides in the Triangle area of North Carolina and is the founder of LadyLiberty1885.com.
Her current and past writing can also be found at IJ Review, StopCommonCoreNC.org and Watchdog Wire NC.
Catch her on Twitter: @LadyLiberty1885