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Showing posts with label health insurance. Show all posts
Showing posts with label health insurance. Show all posts

Monday, September 13, 2010

The gangsters have spoken. Kathleen Sebelius sent a letter to insurers last Thursday telling them they had better stop blaming rate increases on Obamacare, or they will be excluded from insurance exchanges starting in 2014, when the government monopoly on health care begins. After that, the Health Secretary will be responsible for approving all policies sold in the United States. According to the Obama Administration, there shall be no free speech for insurance companies. You vill toe the party line, and YOU VILL LIKE IT! Sebelius stated that "there will be zero tolerance for this type of misinformation and unjustified rate increases." So, unfunded mandates are OK, but complaining about them is VERBOTEN!

Washington Examiner states, "The threat to use government regulation to destroy or harm someone's business because they disagree with government officials is thuggery. Like the Obama administration's transfer of money from Chrysler bondholders to its political allies in the United Auto Workers, it is a form of gangster government."

Zero tolerance for expressing an opinion, or offering an explanation to policyholders? They’re more subtle than this in Caracas. …
This is nasty stuff and an obvious attempt to shift political blame for rising insurance costs before the election. It’s also an early sign of life under ObamaCare, when all health-care decisions are political and the bureaucrats decide who can charge how much for a service or product.
More here.

Oh, don't worry. There is no government takeover of Health Care. Sen. Kent Conrad says so.

Wednesday, July 21, 2010

State and university employees with families can expect to see their monthly health-insurance costs rise as much as 37 percent next year, depending on the type of plan they choose.

Figures provided by the Arizona Department of Administration show that health plans for families and single adults with children will shoulder the most-expensive monthly premium increases beginning Jan. 1, while individuals will pay modest increases.

The Department of Administration cited federal health reform as the reason the state's health plans will carry "greater expenses and higher premiums for members," according to a June 30 letter sent to about 135,000 state and university employees and their dependents.

The letter named two provisions that the state expects will drive health-insurance costs higher. One is a requirement that insurance plans provide coverage for dependent children up to age 26. The other is the federal legislation's ban on lifetime limits, an insurance-industry practice that cuts coverage once an individual's medical expenses exceed a set amount over their lifetime.

Read more: http://www.azcentral.com/business/articles/2010/07/21/20100721arizona-workers-to-see-insurance-fees-increase.html#ixzz0uKMxvSta

 

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