Surprise: Ocare Premiums to Rise At Least 13% For 2015

Say, @KayHagan, what happened to that “affordable care” stuff?

(WRAL) North Carolina’s largest health insurer says rates will rise by more than 13 percent on average next year for buyers of individual Affordable Care Act policies.

Blue Cross and Blue Shield of North Carolina discussed the prices Wednesday.

As an example, the insurer cited a typical rate for a 45-year-old man in the Raleigh area who doesn’t smoke. Without a federal subsidy, the premium for such an individual would rise by $57 to about $420 per month for an ACA silver plan. Most customers receive subsidies.

Of course, at the end of the day, it really doesn’t matter, as the deductibles are high enough that registrants can’t actually afford to use the insurance.

What will happen with deductibles for the other Ocare exchanges, both state run and federal? Wait and see, because Team Obama did not want them released till after the midterm elections.

Crossed at Right Wing News.

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4 Responses to “Surprise: Ocare Premiums to Rise At Least 13% For 2015”

  1. John says:

    Surprise !!! If you font want ACA uou can still keep your old plan
    In that case your costs may go up to 19%
    Yes Teach health care costs have always home up but the rate of increase is not as high as it was
    Also this increase in costs allows people with predicting health problems yo grt indurance yhst was not available to them before
    The most common reason for personal bankruptcies was medical costs

  2. Nighthawk says:

    Nice try John but my healthcare costs didn’t increase for three years until this year. Any increases until now amounted to less than 1%.

    This year saw my premiums go up. Co pays go up. And, for the first time ever, I now have deductibles.

    This equates to a 5% to 10% increase in my out of pocket expenses depending on what happens during the year.

    I expect next year to be much the same and will be surprised if I am even offered employer health care the year after that when the Cadillac plan tax kicks in.

    And if I am forced into the exchanges for health insurance my out of pocket expenses will increase by about 700%

    So don’t tell me the ACA is a good thing.

  3. gitarcarver says:

    John also forgers that the amount of increases passed directly to the customer is restricted by the ACA. That means that insurance companies will get increases from tax payer money, just not the direct route of the citizen’s pocketbook.

  4. Jeffery says:

    Rising compared to what?

    Is this the first time insurance premiums have risen?

    You inadvertently forgot to include the quote about non-ACA policies:

    “Aside from ACA plans, the insurer is maintaining pre-existing plans that don’t conform to the Affordable Care Act’s requirements but customers wanted to keep. Rates for those plans will rise by an average of 13 to 19 percent…”

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