Bombshell: United Healthcare may exit individual insurance exchanges after 2016

posted at 11:21 am on November 19, 2015 by Ed Morrissey

If you like your insurance carrier, you can keep your insurance carrier. The nation’s largest provider of health insurance announced this morning that it may choose to stop offering individual coverage after 2016, and will “pull back on its marketing efforts” immediately in this market. If the losses continue and United pulls out of next year’s exchanges, it will set up a very bad moment for ObamaCare — and for Democrats just weeks before the election:

UnitedHealth Group (NYSE: UNH) today reported revised expectations for 2015, reflecting a continuing deterioration in individual exchange-compliant product performance, and provided an initial outlook for 2016.

“In recent weeks, growth expectations for individual exchange participation have tempered industrywide, co-operatives have failed, and market data has signaled higher risks and more difficulties while our own claims experience has deteriorated, so we are taking this proactive step,” said Stephen J. Hemsley, chief executive officer of UnitedHealth Group. “We continue to be pleased with the growth and overall performance of our Company outside of the individual exchange products and look forward to strong, positive and broad based earnings growth across our enterprise in 2016.” …

UnitedHealthcare has pulled back on its marketing efforts for individual exchange products in 2016. The Company is evaluating the viability of the insurance exchange product segment and will determine during the first half of 2016 to what extent it can continue to serve the public exchange markets in 2017.

Don’t kid yourselves. If United is going to “pull back” on marketing efforts for 2016, it’s because they don’t see themselves being in the market in 2017. Just by announcing it, United has set up the expectation of withdrawal for investors, who do not want to have good money chasing after bad.

Assuming nothing changes in the fiscal model — and after three years, it’s not likely to suddenly improve — that would create a huge gap in choice for many Americans in the next open enrollment period. That would normally begin in October 2016, unless HHS decides to delay it, as they did ahead of the 2014 elections. Many voters will suddenly find their coverage expired, forced to choose another plan from a smaller list of options, all of which will no doubt become even more expensive for everyone thanks to the decline in competition. It’s going to act like a bombshell on the election, especially for Democrats running to hold seats in Congress, and perhaps even in the presidential election.

Philip Klein explains why prices will move even higher than usual:

The year 2017 is significant for insurers, because that’s the year when several programs designed to mitigate risk for insurers through federal backstops go away. The hope was that those programs would act as training wheels for Obamacare in its first few years of implementation, but after that, the insurers were supposed to be able to thrive on their own. UnitedHealth’s statement suggests otherwise.

If UnitedHealth and other insurers decide to exit, remaining insurers will be forced to take on even more high-risk enrollees, prompting them to either raise rates further or exit themselves. That in turn would deprive individuals of choices and remove competition, a key purpose of the exchanges.

Klein sat in on a United conference call this morning, and got the scope of the losses:

So don’t expect United to suddenly see a reason to get back into the 2017 market, not without hefty risk-corridor subsidies — which under any other circumstances would be called “corporate welfare.” Given that Congress isn’t likely to reverse course and underwrite ObamaCare losses, the path to the exit remains the likely course for United, and perhaps some of its competitors, too.

United says it will remain committed to its Medicaid and Medicare businesses, and of course it will stick with its employer-based group coverage, where the issues of ObamaCare regulation have less impact. But this is a reversal for United on the individual markets, as Forbes’ Bruce Japsen points out. Just last month, United’s CEO declared that they still considered this a growth market:

Just last month, UnitedHealth president and chief financial officer David Wichmann touted growth for the individual commercial business, saying “we continue to expect exchanges to develop and mature over time into a strong viable growth market for us.”

But UnitedHealth and other insurers need more Americans to come into the public exchanges because the patients that are signing up for coverage are sicker, making a “higher overall risk pool,” insurance executives say. It’s a key reason many Americans are seeing rate increases of 10 percent or more across the country on public exchanges.

United has discovered that the trade-offs in mandates and forced coverage don’t pay off. It’s a bait-and-switch for insurers by the Obama administration, but it’s even worse of a bait-and-switch for consumers. In my column today for The Fiscal Times, I argue that the financial model of ObamaCare has left consumers with a fistful of broken promises, and the worst of both worlds:

Now, as The New York Times reported this weekend, even the words “affordable” and “care” have turned out to be untrue as well. The sharp rise in premiums has garnered the most headlines in the first three open-enrollment seasons of Obamacare, but equally if not more pernicious has been the increase in deductibles. As Eric Pianin explained for The Fiscal Times on Monday, deductibles have increased an average of 11 percent on Bronze level plans for 2016, intended to be the most affordable of all options, and now average over $5700. For Silver level, deductibles rose 6 percent and now average over $3100. …

Subsidies do not mitigate the fact that consumers have to pay both the premium and then thousands of dollars for care out of their own pocket before insurance takes effect, except in rare and catastrophic circumstances.

Consumers used to have an option for that kind of health insurance – catastrophic coverage, used to indemnify against unforeseen major health events. Those policies featured low premiums and left routine care for consumers to negotiate directly with providers on a cash basis. Combined with health-savings accounts (HSAs), those plans offered a rational approach to balancing health and economic requirements, especially for younger consumers who rarely need more than one or two clinic visits a year, which would cost far less than either comprehensive-coverage premiums or deductibles even in the pre-ACA era.

Instead of “affordable care” promised by President Obama and Democrats, consumers have instead discovered they have effectively been forced to pay for catastrophic health insurance at comprehensive-plan prices. They have become victims of a bait-and-switch scheme that the government would vigorously prosecute – if it wasn’t masterminding the scheme itself. The consumers interviewed by Robert Pear in The New York Times figured out that they’ve been had.

It’s bait-and-switch schemes all the way down, albeit widely predicted. If United pulls out for 2017, we can safely call this an October Non-Surprise.


Related Posts:

Breaking on Hot Air

Blowback

Trackbacks/Pings

Trackback URL

Comments

Comment pages: 1 2

I just did a google search on “obamacare deductible increases”. I found plenty of articles on how high deductibles are but nothing about them increasing for a particular plan year over year. I can’t prove the non-existence of something. If somebody here knows of actual Obamacare deductible increases, please share.

gengwall on November 19, 2015 at 1:28 PM

Lest we forget, United Healthcare was a MAJOR supporter and lobbyist for Obamacare.

Also major supporters of Hillary and other Democrats.

They got their money and are getting out.

Meanwhile the Dems will switch to their tactics all along – private business can’t handle medical care – it must be socialized and government run for your own good… Citizen.

I am disgusted by my country. Thanks Obama.

Skywise on November 19, 2015 at 1:31 PM

Also major supporters of Hillary and other Democrats.

Ah…want to substantiate that?

gengwall on November 19, 2015 at 1:37 PM

no sympathy. obamacare is the model for crony capitalism. I have a feeling that UnitedHealth is too big to fail. taxpayers, prepare your anus…

burserker on November 19, 2015 at 1:39 PM

I just did a google search on “obamacare deductible increases”. I found plenty of articles on how high deductibles are but nothing about them increasing for a particular plan year over year. I can’t prove the non-existence of something. If somebody here knows of actual Obamacare deductible increases, please share.

gengwall on November 19, 2015 at 1:28 PM

here you go.

http://www.usatoday.com/story/news/nation/2014/09/10/employer-health-plans-deductibles-five-year-increase/15326741/

http://www.thefiscaltimes.com/2015/11/16/Obamacare-Enrollees-are-Reeling-High-Deductibles

Guess you weren’t trying very hard.

HumpBot Salvation on November 19, 2015 at 1:39 PM

no sympathy. obamacare is the model for crony capitalism. I have a feeling that UnitedHealth is too big to fail. taxpayers, prepare your anus…

burserker on November 19, 2015 at 1:39 PM

KY is covered under obamacare, right?

HumpBot Salvation on November 19, 2015 at 1:42 PM

Here is a link to United’s political contributions policy which lists all of its contributions to politicians, PACs, and other political organizations. From an itemization perspective it is pretty evenly distributed between Republicans and Democrats, although monetarily it actually favors Republicans.

http://www.unitedhealthgroup.com/~/media/UHG/PDF/About/UNH-Political-Contributions-2015.ashx

gengwall on November 19, 2015 at 1:42 PM

I just did a google search on “obamacare deductible increases”. I found plenty of articles on how high deductibles are but nothing about them increasing for a particular plan year over year. I can’t prove the non-existence of something. If somebody here knows of actual Obamacare deductible increases, please share.


gengwall
on November 19, 2015 at 1:28 PM

Sally Pipes at the Pacific Research Institute in California has been working hard for years to try to save us from Obamacare.

Here is one of Ms. Pipes’s recent columns that provides some data points about Obamacare deductibles for you:

Even if customers manage to switch to plans with lower premiums, Obamacare has a sneaky little trick up its sleeve — horrifyingly high deductibles.

Deductibles for “bronze” plans — often the cheapest ones on the exchanges — could cost individuals as much as $6,850 next year. The deductible for the second-cheapest plan in Seattle will rise 175 percent to $5,500. More generous, mid-level “silver plans” in Indiana feature deductibles of $6,500.

https://www.pacificresearch.org/article/ghosts-goblins-obamacare-oh-my/

wren on November 19, 2015 at 1:43 PM

Guess you weren’t trying very hard.

Guess you don’t know how health plans work and what the topic is here.

The first article deals with employer health plans. The topic here is individual exchange plans.

The second article outlines how premiums are increasing, not deductibles. It notes that people are often caught by surprise by how high deductibles are, and how high deductibles make the plans not worth the money. But it does not state in any way that deductibles are increasing. The brief discussion on out of pocket increases deals with employer plans in the period mostly before the implementation of Obamacare.

Want to try again?

gengwall on November 19, 2015 at 1:47 PM

wren

Your point? This again relates to high deductibles, not deductible increases.

gengwall on November 19, 2015 at 1:48 PM

Skywise – I didn’t dispute your lobbying and support contention. But there is no evidence that United is a major supporter of Hillary and the evidence actually refutes that they are a major supporter of Democrats (at least in comparison to their support for Republicans)

gengwall on November 19, 2015 at 1:55 PM

That is “lobbying and support for Obamacare”

gengwall on November 19, 2015 at 1:56 PM

Want to try again?

gengwall on November 19, 2015 at 1:47 PM

Guess you can’t fukking read.

The title of the second article.

Obamacare Enrollees Are Reeling from High Deductibles

And it speaks specifically to the rising deductible for obamacare plans. What the hell do you think out of pocket expenses include? Oh yeah, the fukking deductibles.

Thanks for outing yourself as just another braindead obamabot.

Keep flailing.

HumpBot Salvation on November 19, 2015 at 1:56 PM

Hmm. Could gingwall be Tiaioc preemptively striking with a sock? Time will tell.

Judge_Dredd on November 19, 2015 at 2:05 PM

Guess you can’t fukking read.

The title of the second article.

Obamacare Enrollees Are Reeling from High Deductibles

Exactly – reeling from high deductibles, not deductible increases. And no it does not speak to rising deductibles for obamacare plans.

The only quote that pretends to pertain to deductible increases is this one:

Now there are troubling reports that consumers will be facing soaring out-of-pocket costs for deductibles next year – increases that in many cases will neutralize the benefits of their health care plans or discourage some from purchasing coverage.

But is followed by what the author of the report actually said, which is this:

That these deductibles are so high is clearly one of the reasons people aren’t buying a plan—they simply don’t see themselves getting anything for the money

The report makes no claim to deductible increases. The statement by the fiscal times author is erroneous.

The only other reference to out of pockets and deductibles is this:

The average annual out-of-pocket costs per worker increased nearly 230 percent between 2006 and 2015, according to an annual survey of employer health benefits coverage by the Kaiser Family Foundation.

Again, this makes no claim to deductible increases in individual exchange plans.

gengwall on November 19, 2015 at 2:06 PM

According to HealthPocket.com, Bronze plan deductibles are rising on the Obamacare federal exchanges by an average of 11 percent to $5,731 and Silver Plan deductibles are rising by 6 percent to an average of $3,117.

A survey by the Commonwealth Fund published last November found that three in five low-income adults and about 50 percent of adults with moderate incomes believe that deductibles are “difficult or impossible to afford.”

Fallon on November 19, 2015 at 2:08 PM

Skywise – 2009???? The report I linked is from 2015.

gengwall on November 19, 2015 at 2:10 PM

Is this just for insurance sold on the exchanges, or for all individually-purchased insurance policies?

Throat Wobbler Mangrove on November 19, 2015 at 2:11 PM

Fallon – your link takes me to the same fiscal times article. Do you have a link to your HealthPocket source?

gengwall on November 19, 2015 at 2:11 PM

Just exchanges

gengwall on November 19, 2015 at 2:12 PM

Ever get the feeling you’ve been cheated? – John Lydon

jangle12 on November 19, 2015 at 2:13 PM

Although UH has favored Rs vs Ds in many years (pretty evenly spit), the did favor Ds over Rs in 2008 and 2010, years around which Obamacare was being legislated.

I guess they suddenly realized they F’d up.

OccamsRazor on November 19, 2015 at 2:13 PM

HumpBot Salvation on November 19, 2015 at 1:56 PM

As someone that has to quote our company’s policy every year, they (gengwall included) have no clue what type of crap insurers pull with raising deductables, or conversely raising the rates for the same deductible level. You get one of two choices, you raise it with the same rate (or thereabouts) or you take a hosing on premium to hold the line. And I’m on a grandfathered plan too…

SkinnerVic on November 19, 2015 at 2:17 PM

Fallon – your link takes me to the same fiscal times article. Do you have a link to your HealthPocket source?

Never mind – I see it.

gengwall on November 19, 2015 at 2:18 PM

Ah, SkinnerVic, I work for United in Finance. I absolutely know how plans are put together and rates are derived. There is nothing nefarious or mysterious about raising out of pocket costs and/or premiums to right-size rates so that a plan is profitable.

gengwall on November 19, 2015 at 2:23 PM

I think the GOP will fix things up just fine. They got a plan.

arnold ziffel on November 19, 2015 at 11:24 AM

…yep…they’ll cave and re-instate the risk corridor subsidies…

Pelosi Schmelosi on November 19, 2015 at 11:53 AM

More like the GOPe will cave and give the dems their beloved single payer.

After all, at this point “there’s nothing they can do”.

Oxymoron on November 19, 2015 at 2:28 PM

According to HealthPocket.com, Bronze plan deductibles are rising on the Obamacare federal exchanges by an average of 11 percent to $5,731 and Silver Plan deductibles are rising by 6 percent to an average of $3,117.

OK – found the article on HealthPocket (I think)

https://www.healthpocket.com/healthcare-research/infostat/2016-obamacare-premiums-deductibles#.Vk4iYnYzbcs

So, this is talking about increase in average deductible for all metal tier plans across the country. It does not claim that deductibles for individual plans are increasing. What it is saying is that the member mix has shifted across the country resulting in more people selecting plans with higher deductibles (even within a tier, there are a range of plans with a range of deductibles). Moreover:

Alongside existing plans that were changing their rates from 2015 to 2016, there were also market entrants and exits for the 2016 plan year that affected the average available premiums and deductibles

Note that for Gold and Platinum plans, average deductibles decreased.

One other humorous caveat: “All analysis assumes the accuracy of the underlying government data.”

gengwall on November 19, 2015 at 2:35 PM

Skywise – 2009???? The report I linked is from 2015.
gengwall on November 19, 2015 at 2:10 PM

When was Obamacare being lobbied for?

Whose trying to get out of Obamacare now?

Skywise on November 19, 2015 at 2:35 PM

gengwall on November 19, 2015 at 2:35 PM

Quite disingenuous of you as you know most people will get a “metal” plan over a customized individual one.

Skywise on November 19, 2015 at 2:37 PM

When was Obamacare being lobbied for?

Again, I am not disagreeing that United and other health concerns lobbied for the ACA. But United is not currently a majority Democrat or Hillary donor.

gengwall on November 19, 2015 at 2:38 PM

There is no such thing as “customized individual” plan in the exchanges, so I’m not sure what you are talking about. All the plans are metal plans.

gengwall on November 19, 2015 at 2:39 PM

But United is not currently a majority Democrat or Hillary donor.

gengwall on November 19, 2015 at 2:38 PM

“Not currently”? In an odd-numbered year where no nominees are established and no major legislation is in the making? That “not currently”?

The Schaef on November 19, 2015 at 2:43 PM

gengwall on November 19, 2015 at 2:35 PM

So in essence you’re conceding:
– average deductibles have risen.
– premiums have risen (and aren’t yet topped out by a long shot)
– that we can’t trust the government supplied data.

Leaving your entire “argument” to consist of parsing the phrase individual deductible increases.

The facts that costs have risen, coverage has fallen and people are being forced onto plans they don’t want are conceded – so other than trolling the thread, what is your point??

KMC1 on November 19, 2015 at 2:44 PM

So in essence you’re conceding:
– average deductibles have risen.

I never claimed average deductibles haven’t risen, so sure.

– premiums have risen (and aren’t yet topped out by a long shot)

Of course, again I never claimed anything to the contrary

– that we can’t trust the government supplied data.

LOL – that certainly is no secret

Leaving your entire “argument” to consist of parsing the phrase individual deductible increases.

Yes. The deductibles for individual (as in unique) plans within a benefit tier are not increasing year over year. That is my only point. Not trolling – just bringing clarity to the discussion so others don’t go off half cocked claiming a parade of horribles that doesn’t exit.

gengwall on November 19, 2015 at 2:51 PM

So, this is talking about increase in average deductible for all metal tier plans across the country. It does not claim that deductibles for individual plans are increasing
gengwall on November 19, 2015 at 2:35 PM

There is no such thing as “customized individual” plan in the exchanges, so I’m not sure what you are talking about. All the plans are metal plans.
gengwall on November 19, 2015 at 2:39 PM

Yes. The deductibles for individual (as in unique) plans within a benefit tier are not increasing year over year. That is my only point. Not trolling – just bringing clarity to the discussion so others don’t go off half cocked claiming a parade of horribles that doesn’t exit.
gengwall on November 19, 2015 at 2:51 PM

Troll.

Skywise on November 19, 2015 at 2:58 PM

Picture it this way – let’s say someone told you the average purchase price of a car rose x percent between two periods. That could mean that the cost of each model of each purchased car went up, or it could mean no model of any car had a purchase price increase but the mix of purchasers changed so that more people bought more expansive cars than the last survey. In all likelihood, it is a combination. The problem with Obamacare is that the deductibles that a plan can charge are governed by the law and the law has not raised the ceiling within any given tier. So, the more likely scenario, or at least the more predominant scenario, is that the member mix changed.

I’m not saying that NO plan raised its deductible. I’m saying, unlike premium increases which are across the board, there is no overwhelming trend of health plans increasing deductibles for their products. There is a very significant trend of different players entering and exiting the market (circling back to the original post about United), and shifting member mixes within and across metal tiers and plans. As the article states, these factors have a significant effect on average deductibles. But those changes in average deductible don’t indicate widespread individual plan deductible increases.

gengwall on November 19, 2015 at 2:58 PM

gengwall on November 19, 2015 at 2:51 PM

Let’s say someone pays $500 a month for a plan with $3000 deductible. The next year, that plan now costs $750 a month, but there is another plan for $500 that has a $5000 deductible.

If that was my plan, I would say my deductible went up (I’m now paying $500 for a $5000 deductible). I suppose you would say I bought another plan. Is that the disconnect?

cptacek on November 19, 2015 at 3:00 PM

You are exactly right.

gengwall on November 19, 2015 at 3:04 PM

I’m not saying that NO plan raised its deductible. I’m saying, unlike premium increases which are across the board, there is no overwhelming trend of health plans increasing deductibles for their products.

gengwall on November 19, 2015 at 2:58 PM

Does that account for the fact that insurers routinely cancel and repackage plans from year to year, and therefore a person may not even have the same plan a third or even second consecutive year?

The Schaef on November 19, 2015 at 3:05 PM

United Health Care were in bed with Obama and Hillary in collecting all the free taxpayer Obamacare money available, and when they are forced to stop collecting all the stupid taxpayer money after 2016 they don’t want anything to do with Obamacare. Who would have thought!

leader4hru on November 19, 2015 at 3:08 PM

10 years ago, I was spending around $20 a week on UHC, 80/20 to a (million?) $50 emergency, $40 doctor’s visit and $20 prescription. The deductible was I think $5,000 long-term hospital.

The employer paid half, I paid half.

Question: What can I get for $40 a week now?

Judge_Dredd on November 19, 2015 at 3:09 PM

You are exactly right.

gengwall on November 19, 2015 at 3:04 PM

Hmm. Then do you agree that people are now buying different plans with higher deductibles for the same amount of premiums and b1tching about it? I mean, that is what “my deductible went up” means colloquially, but maybe not technically.

cptacek on November 19, 2015 at 3:15 PM

Bombshell: United Healthcare may exit individual insurance exchanges after 2016

If the losses continue and United pulls out of next year’s exchanges, it will set up a very bad moment for ObamaCare — and for Democrats just weeks before the election:

This is nothing more than an obvious demand from United Healthcare to the Democrat Party to pony up $Billions of taxpayer dollars in crony Socialism to them.

RJL on November 19, 2015 at 3:15 PM

Now, as The New York Times reported this weekend, even the words “affordable” and “care” have turned out to be untrue A LIE as well

Enough of this political correctness BS! Let’s call a spade a spade.

timberline on November 19, 2015 at 3:17 PM

United Health Care were in bed with Obama and Hillary in collecting all the free taxpayer Obamacare money available, and when they are forced to stop collecting all the stupid taxpayer money after 2016 they don’t want anything to do with Obamacare. Who would have thought!

leader4hru on November 19, 2015 at 3:08 PM

Yeah, that Risk Corridor thing is a racket… the feds are only paying something like 12% of it, and are just now paying for 2014. Insurers that employ ethical accountants cannot claim any “potential” risk corridor money as a receivable, because they fully expect the feds to welch on the payments.

I know most people here hate “Big Insurance”… I’m not one of those. Most of these companies negotiated the best deal they could with an incredibly hostile Congress that wanted to mothball their industry, so they could keep their companies solvent and their employees working. Of course, they were negotiating with thieves and liars, so the outlook was never sunny, and now chickens are roosting.

CantCureStupid on November 19, 2015 at 3:22 PM

Puts strength behind the “we lose money on every sale” statement.

Constitutionalist on November 19, 2015 at 3:32 PM

KY is covered under obamacare, right?

HumpBot Salvation on November 19, 2015 at 1:42 PM

currently yes, but the new governor will be ending that

burserker on November 19, 2015 at 3:34 PM

currently yes, but the new governor will be ending that

burserker on November 19, 2015 at 3:34 PM

lol was referring to the lube as in prepare your

HumpBot Salvation on November 19, 2015 at 3:44 PM

Your point? This again relates to high deductibles, not deductible increases.

gengwall on November 19, 2015 at 1:48 PM

Read more carefully:

Deductibles for “bronze” plans — often the cheapest ones on the exchanges — could cost individuals as much as $6,850 next year. The deductible for the second-cheapest plan in Seattle will rise 175 percent to $5,500. More generous, mid-level “silver plans” in Indiana feature deductibles of $6,500.

https://www.pacificresearch.org/article/ghosts-goblins-obamacare-oh-my/

p.s. I was trying to help you with the question you asked. You’re welcome.

wren on November 19, 2015 at 3:52 PM

It’s a moot point. United Healthcare already doesn’t sell any individual plans in my area of California, marketplace or not.

TB on November 19, 2015 at 4:04 PM

gengwall on November 19, 2015 at 2:51 PM

Let’s say someone pays $500 a month for a plan with $3000 deductible. The next year, that plan now costs $750 a month, but there is another plan for $500 that has a $5000 deductible.

If that was my plan, I would say my deductible went up (I’m now paying $500 for a $5000 deductible). I suppose you would say I bought another plan. Is that the disconnect?

cptacek on November 19, 2015 at 3:00 PM

You are exactly right.

gengwall on November 19, 2015 at 3:04 PM

Well, I’m glad we got THAT straightened out!
Srsly, folks, if a handful of professionals and savvy citizens on HA can’t get the terms and effects hammered out coherently, what hope is there for the random populace?
PS on the risk-corridor thingie: the players may not have been hiding the information, but they were mostly talking to each other, not the public, and it was overshadowed at the time by the debate on mandates and exchanges.

AesopFan on November 19, 2015 at 4:04 PM

Well, I’m glad we got THAT straightened out!
Srsly, folks, if a handful of professionals and savvy citizens on HA can’t get the terms and effects hammered out coherently, what hope is there for the random populace?
AesopFan on November 19, 2015 at 4:04 PM

He was either being willfully obtuse or … yeah, he was being willfully obtuse.

cptacek on November 19, 2015 at 5:37 PM

either being willfully obtuse or … yeah, he was being willfully obtuse.

cptacek on No

Typical nonsense nowadays. The bottom line is that healthcare costs are going up (fast – in fact, faster than they would have if Nancy “Air Force” Pelosi would have read the damn Bill, before she signed it) and coverages are going down, while at the same time the plans that 85% of insured people were happy with are going the way of the dodo because they are “too good”.

KMC1 on November 19, 2015 at 6:23 PM

This is a genius move by United Healthcare.

Either they get the Obama administration to fork over hundreds of millions of tax dollars so the Democrat party can save face before a big election OR
they walk on a losing proposition and add to the chances a Republican wins. Which they know will be better for their survival in the long run anyway.

We all knew these things were coming. The Democrats hoped it would take long enough that people would forget about Obamacare and blame insurance companies, opening the door for single payer. As usual they underestimated the destruction of socialism.

Now if we will only nominate someone who will really fix the insurance system by repealing Obamacare, or defunding it completely…..asap. Otherwise, the GOP will band aid the open wound saving this debacle until the Democrats get enough power back to enact their single payer.

Its 2016 or never on this patient.

alecj on November 19, 2015 at 7:11 PM

What I want to know is has there been a significant reduction of people filing bankruptcy now that they have Obamacare? I’d rather put $500 a month (if I had it) towards a real hospital bill than a premium I many never meet.

Cindy Munford on November 19, 2015 at 7:37 PM

To gengwall on November 19, 2015 at 1:28 PM

I haven’t posted in quite a while. Forgive my posting inexperience.

Here is my personal experience.
2015 Blue cross blue shield policy- 306$ for 2 healthy adults 51 and 52 yrs old, deductable 5000 per person, 10000 per family.
2016- same adults, same no health issues, no meds whatsoever,non smokers. Are you ready…drum roll… $1047 per month 13700 deductable per family, $5000 per individual. 400% increase.

Now, if we keep our salaries below 63,720$ combine we qualify for a welfare subsidy of about 600$. I don’t know about you but we want to make more than 64000 per year.

It’s effed up and has left us in quite a pickle and PISSED OFF

kareyk on November 19, 2015 at 8:39 PM

It’s effed up and has left us in quite a pickle and PISSED OFF

kareyk on November 19, 2015 at 8:39 PM

Anecdotes are not data — until you add them all together.

AesopFan on November 19, 2015 at 8:43 PM

It’s effed up and has left us in quite a pickle and PISSED OFF

kareyk on November 19, 2015 at 8:39 PM

No no… see that’s a different plan not a deductible increase…

Skywise on November 19, 2015 at 9:00 PM

Shocking

Schadenfreude on November 20, 2015 at 12:30 AM

Comment pages: 1 2