Serfs Up – Average Healthcare Premiums Have Soared 39%-56% Post Obamacare

It’s been a couple months since I last updated readers on the epic disaster that is Obamacare. In case you need a refresher, here is the last article I published on the law: Computer Security Expert Claims he Hacked the ObamaCare Website in 4 Minutes.

Moving along, we now have some details on the average premium increase for non-Obamacare health plans following the implementation of the law, and the results are not pretty. According to a cost report from eHealthInsurance, premiums have increased by between 39%-56%.

More from The Washington Examiner:

Americans buying health insurance outside the new Obamacare exchanges are being forced to swallow premiums up to 56 percent higher than before the health law took effect because insurers have jumped the cost to cover all the added features of the new Affordable Care Act.

According to a cost report from eHealthInsurance, a nationwide online private insurance exchange, families are paying an average of $663 a month and singles $274 a month, far more than before Obamacare kicked in. What’s more, to save money, most buyers are choosing the lowest level of coverage, the so-called “bronze” plans.

In California, for example, some families are paying a high of $2,604 a month and in New York, $1,845.

His firm’s price index also gives an average age for singles buying plans, and the results are worrying for insurers and the Obama administration. That’s because the average age is 36, older than the administration had hoped for.

The demographic issue is a huge ticking time bomb, something I previously highlighted in my piece: Humana Warns of “‘Adverse ObamaCare Enrollment Mix.”

Moving along, while we are well aware of the financial disaster Obamacare represents for those not participating, what about those who are in (or at least think they are in) the program?

Let’s look at the story of one Las Vegas man who paid his Obamacare premiums since November yet remains uncovered and now has a $407,000 hospital bill nobody is covering.

Read more

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.

Top U.S. Hospitals are Opting Out of Obamacare

In the off chance you are actually able to access the website and successfully sign up for the epic disaster that is Obamacare, you might be a bit surprised about your options when you actually encounter a medical issue. Every American that is even considering signing up for this nightmare needs to be aware of the disturbing fact that many of the top hospitals in the nation will not be accepting Obamacare related insurance plans. Even worse, in many cases it is virtually impossible to find out which doctors and hospitals are on your plan.

One of the most egregious examples of failure is the following:

Seattle Children’s Hospital ranks No. 11 on the U.S. News & World Report best pediatric hospital list. When Obamacare rolled out, the hospital found itself with just two out of seven insurance companies on Washington’s exchange.

Seattle Children’s is the only pediatric hospital in King County, and offers keys services, such as cancer care, which are not available anywhere else in the region. So if you sign up for Obamacare, good luck surviving. Fortunately, that represents only about six people at the moment.

More from U.S. News:

Americans who sign up for Obamacare will be getting a big surprise if they expect to access premium health care that may have been previously covered under their personal policies. Most of the top hospitals will accept insurance from just one or two companies operating under Obamacare.

Watchdog.org looked at the top 18 hospitals nationwide as ranked by U.S. News and World Report for 2013-2014. We contacted each hospital to determine their contracts and talked to several insurance companies, as well.

The result of our investigation: Many top hospitals are simply opting out of Obamacare.

Chances are the individual plan you purchased outside Obamacare would allow you to go to these facilities. For example, fourth-ranked Cleveland Clinic accepts dozens of insurance plans if you buy one on your own. But go through Obamacare and you have just one choice: Medical Mutual of Ohio.

Consumers, too, will struggle with the new system. Many exchanges don’t even list the insurance companies on their web sites. Some that do, like California, don’t provide names of doctors or hospitals.

Read more

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.

Here’s What Happens When an MSNBC Anchor Attempts to Sign Up for ObamaCare…

Apparently “Hope and Change” means broken websites and a complete and total echo chamber of nothingness on the other end of the phone when you call the ObamaCare help desk. This short segment is priceless and pretty much sums up the “state of the union” in the American Banana Republic. It’s kind of ironic that … Read more

Thoughts on Obamacare from a Surgeon and Friend

Over the past six months, I have had the distinct pleasure to become acquainted with Dr. Dave Janda, orthopedic surgeon and the Director and founder of the Institute of Preventative Sports Medicine based in Ann Arbor, Michigan.  Shortly after recording my first radio interview with him, he sent me his book, The Awakening of a … Read more