ACA doubles insurance premium

Discussion in 'Health Care' started by Battle3, Apr 13, 2015.

  1. Battle3

    Battle3 Well-Known Member

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    At work, we have an employee committee which selects the company health care plan. The company pays 100% of the premium.

    Today we received the quotes for health care.

    The benchmark is an employee with spouse and children.

    Our current plan is still available because obama has (illegally) told his minions not to enforce the employer mandate and the requirement for all private plans to meet certain obamacare standards (many of which are not medical care related).

    Our current plan monthly premium will increase from $805.62 to $919.01 for the benchmark family.

    The ACA plan premium is $1,828.37.

    Both plans have the exact same deductible, out of pocket, prescription program, and 20% copay after the deductible until the out of pocket is met. The only differences are the ACA requires a $90 payment for "urgent care" (that's not ER care) and $85 for a specialist office visit, the current plan applies the deductible then 20% copay for both.

    The ACA will double the premium for basically nothing. If the company has to go to the ACA plan, for the first time in its long history it will stop paying 100% of the premium, employees will have to pay 50%.

    Thanks obama. And thanks to all the obamacare sycophants who think they can get something for nothing.
     
  2. FreshAir

    FreshAir Well-Known Member Past Donor

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    my premiums went down a couple hundred this year, first time I can remember in a long long time

    under Bush they were rising about 15% a year
     
  3. FreshAir

    FreshAir Well-Known Member Past Donor

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    I would prefer a public option though, so people can choose for themselves, I would also do away with the conservatives individual mandate

    I would make all gov employee offered coverage including Congress be the Public Option, that would make sure it was good


    .

    .
     
  4. Calloway

    Calloway New Member

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    The ACA had nothing to do with employer health insurance. It gave people an option to get OUT of employer health insurance and to get employers out of providing it. Employees can go to the ACA health insurance and get cheaper rates. Employers are the ones, along with the health insurance industry, who are raising rates. the ACA did not address this issue. BTW, where is the republican plan for health care? do they address this?
     
  5. CourtJester

    CourtJester Well-Known Member

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    You are correct. It is amazing that people are not smart enough to figure out when they are being scrod by their employers. Of course this trend of pushing more and more health care costs onto the employees has been going on since way before Obama but hey, if you can jump on the bandwagon and blame it on the government why not. Of course if because of the ACA the employees are getting actual insurance that could be a different case.

    We will never know what the actual situation is in this case but we do know the actual costs of real insurance are going up less than in past years.
     
  6. vino909

    vino909 Well-Known Member

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    Please clarify this for me?
     
  7. FreshAir

    FreshAir Well-Known Member Past Donor

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    [​IMG]
     
  8. Battle3

    Battle3 Well-Known Member

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    That is incorrect. For example, from here http://www.academyhealth.org/files/nhpc/2011/AH_2011AffordableCareReportFINAL3.pdf

    The Patient Protection and Affordable Care Act (ACA) includes several new requirements for employer group health plans. As of 2014, the act’s “play-or-pay” provisions will require medium and large employers to offer health insurance coverage to full-time workers or pay a penalty; further payments may be required if the coverage does not meet affordability standards for lower-income workers. The ACA also includes new benefit and administrative requirements that may increase employers’ costs. Beginning in 2018, employer plans with costs above specified limits will pay an excise tax on their excess spending.​

    The ACA affects all health insurance.

    The ACA and all of its bad affects are the fault of obama, the "progressives" who rammed this crap down the nations throat without even reading it, and all the ignorant people who don't have a clue what obamacare is doing but support it anyway.

    And it is completely irrelevant what the Republican plan is, because no matter what their plan is, obamacare will still completely suck.
     
  9. vino909

    vino909 Well-Known Member

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    Imaginative, humorous, yet incomplete. You omitted the key component,.. passed by Democrats in both houses of congress with NO Republican votes. Funny how you did that.
     
  10. FreshAir

    FreshAir Well-Known Member Past Donor

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    we gave up the public option trying to please the right and get their votes, I agree that was a mistake
     
  11. vino909

    vino909 Well-Known Member

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    ACA would have been a big hit, if it was implemented in phases, with uninsured persons first. But NOOOOOOOO... he had to (*)(*)(*)(*) up the entire process... all at once. Bad plan.
     
  12. CourtJester

    CourtJester Well-Known Member

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    That quote does not prove that the ACA affects all health insurance as you have claimed. Read your own quote and then try again!
     
  13. CourtJester

    CourtJester Well-Known Member

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    Why exactly would implementing the ACA in phases have made it a big hit?
     
  14. vino909

    vino909 Well-Known Member

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    Start with providing coverage for the uninsured. Then allow people to purchase coverage across state lines. Never require anyone to be insured and trash this IRS penalty bull(*)(*)(*)(*). Look for a solution to this In-Network, Out-of-network crap and let people go to the doctor/hospital they feel is best for them.

    After that... I gotta think on it. My point is, you don't clean a house by tossing in a grenade.
     
  15. Battle3

    Battle3 Well-Known Member

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    True, it does not state that ALL health insurance is impacted. It does state that employer provided group insurance IS impacted - and that is what this thread is about.

    And no matter what you try to use as a distraction, the facts remain that since obamacare was passed, health care and health insurance costs have increased dramatically.
     
  16. CourtJester

    CourtJester Well-Known Member

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    If you don't require everyone to have insurance the major problem of the uninsured remains unsolved. Selling across state lines may or may not help overall cost although there seems to be good arguements on both sides.

    I continue to believe single payer is the long term solution to the fact that healthcare consumes a disproportionate part of the US economy as compared to the rest of the developed world.
     
  17. vino909

    vino909 Well-Known Member

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    I find the 'requirement' requirement to be illegal. I should not be forced by law to purchase a service I do not want. Nobody said the solution was easy, but ACA is nuclear... and had destroyed far more than it has built new. Plus it was presented as law without the public knowing what the hell was in it. real (*)(*)(*)(*)ty way to legislate
     
  18. CourtJester

    CourtJester Well-Known Member

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    Actual wording says " may" be impacted. And if you do any research you will find the rate of increase of health insurance costs has decreased under Obamacare.
     
  19. CourtJester

    CourtJester Well-Known Member

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    The Supreme Court has already ruled on the legality of requiring the purchase of insurance. This is a settled issue.
     
  20. vino909

    vino909 Well-Known Member

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    I agree the court has spoken. But you are confusing 'legal' with 'right'. It may be settled for you, it still (*)(*)(*)(*)ed up for many others.
     
  21. Battle3

    Battle3 Well-Known Member

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    This thread is about actual rates for the same plan, one private and one ACA. Read post #1.

    The company plan rate history for the example employee/family was $470.66 in 2005, $483.60 in 2009 (pre-obamacare), so the rate increased a trivial amount over those 5 years. Since obamacare its gone to $919.01 unless the plan is no longer allowed, then it becomes $1828.37. Those are real numbers. The plan has been unchanged for all that time except for slight changes (such as the prescription copay increase from $5 to $20) and some bureaucratic changes in open enrollment periods and renewal dates.

    Other companies are facing the same problems.

    Rates have gone up - a lot - since obamacare.

    Maybe you should do some research
    http://www.washingtontimes.com/news...-health-premiums-skyrocketing-by-as/?page=all
    http://obamacarefacts.com/obamacare-health-insurance-premiums/

    Other reports claim the increase is trivial (one says 4%), I did not find any that said rates were decreasing. That's all crap.
     
  22. gorte

    gorte Banned

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    yes, it's onerous, but we'll get it repealed in 3-4 years. Hilary doesn't have a chance and they've got nobody else. The problem (right now, at least) is the Repubs aint got anybody who's worth a hoot, either.
     
  23. Greenbeard

    Greenbeard Well-Known Member

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    What's the old plan and what's the new one? Sounds like your employer buys a fully insured product so the particular products should be pretty easy to link too. That would make it much easier to determine what, if anything, is different.
     
  24. Battle3

    Battle3 Well-Known Member

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    Its the same plan, and has been since 2005. Its a group business plan prepared for the company by Blue Cross based on the company demographics and history. As I have stated, changes over that time were small and mostly bureaucratic such as the duration of open enrollment (which is irrelevant to the company since there is 100% participation - the company pays 100% of the premium and gives everyone a bonus equal to the deductible).
     
  25. CourtJester

    CourtJester Well-Known Member

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    No, you are the one who said it was illegal.
     

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