My insurance company raised its family deductible from $6000 to $7000

You do know that prices go up even when the government doesn't get involved.

How do you like the hedge fund guy that bought the drug and raised the price by about thirty times ( 3,000% ) Private enterprise I am sure all good Conservatives would applaud.

 

And what happens when your competition colludes with each other to make sure rates are, in general, where they want them? It's not like anyone can just go out and start an insurance company and compete as if this was a retail store or a service business. The major insurance companies have buttloads of money and they want more. Market competition only works if there is the ability to actually have competition and if the competitors don't work together. Now don't get me wrong, I'm not defending Obamacare, but at the same time, you can't blame Obamacare for these insurance companies seeing an opportunity to use Obamacare as an excuse to rake in more money.

 

You do know that the 3 three largest insurance companies want to MERGE. They testified before a congressional committee recently in a attempt to explain how the merfger will lower costs. Really? I don't,t think so and it will likely mean they will have a huge monopoly, increase deductibles and out of pocket, cut providers, refuse payment for services they approved and promised to make as they currently are doing. They will be the winners, our costs will not go down and competition we were promised will be limited.

 

Costs never go down. Single payer is the only hope but my guess would be that the US government could screw up even such a simple solution.

 

Premiums maynha s gone up annually but deductibles and out of Pocket did not. Insurance sold through the exchanges areaa scam. High deductibles, high out of pocket and few providers and hospitals participating on the plans.

 

Regarding insurance. Companies colluding together, the 3 largest companies are trying to merge and there was a recent house hearing on this. I am sure the president would approve this merger as will the dems. Why? Because everything about the PPACA benefits the insurance companies. Including a promise to bail them out if the policies they offered on the exchanges lose money, and the fact that the ppaca does not limit deductibles or our of pocket or require complete disclosure of physicians and hospitals covered under the plan
Plus it gives the companies the right to limit or deny coverage they previously agreed to cover. This is whymab
NY hospitals,clinics and physicians refuse to accept xwz insurance based on the company refusing to pay when the said they would prior to treatment being rendered

 

Now Blue Cross is cutting it's most popular plan entirely forcing individuals on the plan to chose a more expensive plan or go on the exchange...

Whatever happened to "if you like your plan you can keep it"...

That was a straight up boldfaced lie that was told directly to the American public...

Obama is a (*)(*)(*)(*)ing liar..

 

It was never true that if you like your plan you can keep it, why, because even though the ppaca didn't specify it , they allowed HHS to mandate minimal essential coverage without input of Congress. That minimal essential coverage basically made most health care policies void. They knew that. They also knew the minimal essential coverage mandated solely by HHS without Congressional approval all would mandate many Americans pay for insurance benefits they simply would never need, benefits that tradionally have been the most costly, such as maternity, newborn care, abortion.