OBAMA/TRUMPCARE MEGATHREAD

[StrangeSox]

Mine has increased 10+% each of the last two years.. And I have 5% co-insurance now that i never had before...

What were the annual increases before that?

[Cknolls]

What were the annual increases before that?

 

 

You know i would have to check. IIRC, i was somewhere in the neighborhood of $400/mo....now i am $558/mo. My older son is Type 1 and co-pays for his endo have gone from $25 to $41.....Regulaar office has increased from $20 to $28....ER visits from $100 to $150.....No co-insurance to 5%....FWIW....Basically any raise has gone to insurance increases...Rx have increased from $5 to $10.....

 

 

This is from June 2011-Present

Edited March 5, 2015 by Cknolls

[Balta1701]

Mine has increased 10+% each of the last two years.. And I have 5% co-insurance now that i never had before...

Is that a personal, individual policy or are you also adding in "shifting costs from employers"?

[bmags]

Mine went up 6% last year and 3% this year.

[Cknolls]

Is that a personal, individual policy or are you also adding in "shifting costs from employers"?

 

 

No its a company policy. And a good one at that. Not quite a "cadillac" but pretty close.

Edited March 5, 2015 by Cknolls

[Balta1701]

No its a company policy. And a good one at that. Not quite a "cadillac" but pretty close.

In other words...that could also be the equivalent of a "salary cut" from the company right?

[ChiSox_Sonix]

Changing from 8% growth per year to 2% growth per year = saving a ridiculous, insane, unbelievable, enormous, ungodly amount of money.

 

Boy, that'd sure be nice if I was saving money from this. Instead, my insurance premiums have gone up considerably and my deductible rose 300%.

Edited March 5, 2015 by ChiSox_Sonix

[EvilMonkey]

Boy, that'd sure be nice if I was saving money from this. Instead, my insurance premiums have gone up considerably and my deductible rose 300%.

You must be an outlier!

[Balta1701]

Boy, that'd sure be nice if I was saving money from this. Instead, my insurance premiums have gone up considerably and my deductible rose 300%.

Again, individual policy or policy through an employer?

 

Because if y'all would have let us get rid of employer-based policies, we'd have been totally ok with that. Otherwise...if it goes up 1% and an employer cuts back your benefits...that's the employer saving money for itself.

[farmteam]

My insurance through work is awful. Doesn't pay for anything, deductible is $3250. Paid for $260 for a 30-day supply of a prescription. Premium is about $175/month.

 

Looked on MNSure (Minnesota's state-run exchange). Got a plan with $10 prescription co-pays, $1,000 deductible and $1,000 out-of-pocket max. Only $210/month. Unfortunately I can't drop my work coverage until July so I have to pay for both until then.

 

Not sure what will happen if the Plaintiffs prevail in King v. Burwell. I'd rather not have to deal with that fallout.

[Cknolls]

In other words...that could also be the equivalent of a "salary cut" from the company right?

 

yes

[Chisoxfn]

Mine has increased 10+% each of the last two years.. And I have 5% co-insurance now that i never had before...

Mine has also increased by similar components and that is with 2 different companies. Additionally, coverage has worsened (but still obviously meets obamacare standards). So remember, you can't just look at cost savings, you have to look at cost to benefit components as well. In my case, it would have been up significantly more had the coverage actually remained consistent.

[Jenksismyhero]

Mine has also increased by similar components and that is with 2 different companies. Additionally, coverage has worsened (but still obviously meets obamacare standards). So remember, you can't just look at cost savings, you have to look at cost to benefit components as well. In my case, it would have been up significantly more had the coverage actually remained consistent.

 

You're white (I assume), male, employed and educated. Your opinion/experience doesn't mean anything in this argument.

[Balta1701]

In 2010 the Congressional Budget office projected that the United States Federal Government would spend $11.2 trillion on health care in total over the period 2011-2020 not including the PPACA.

 

The PPACA passed, massively expanding health care access and offering subsidies for people.

 

The CBO just released a new set of cost estimates. If you do the math and project that into "How much will the United States Federal Government spend on health care over the period 2011-2020", the total now comes to $10.6 billion.

 

Again to stress, the former estimate did not include Obamacare. The current estimate now does.

 

As a nation, our total estimated costs on Health care to taxpayers with the PPACA from 2011-2020 are $600 billion less than the costs estimated without the PPACA.

 

The government will spend a total of 4% less on Health care over this decade than estimated while simultaneously expanding health care coverage to 20 million+ people assuming the court doesn't decide against it.

 

That's $600 billion in savings to taxpayers over a 10 year period. And every time they do a new adjustment, the total cost drops more and that amount looks even more favorable.

[StrangeSox]

You're white (I assume), male, employed and educated. Your opinion/experience doesn't mean anything in this argument.

great post!

[Jenksismyhero]

great post!

 

Thanks!

[jasonxctf]

In 2010 the Congressional Budget office projected that the United States Federal Government would spend $11.2 trillion on health care in total over the period 2011-2020 not including the PPACA.

 

The PPACA passed, massively expanding health care access and offering subsidies for people.

 

The CBO just released a new set of cost estimates. If you do the math and project that into "How much will the United States Federal Government spend on health care over the period 2011-2020", the total now comes to $10.6 billion.

 

Again to stress, the former estimate did not include Obamacare. The current estimate now does.

 

As a nation, our total estimated costs on Health care to taxpayers with the PPACA from 2011-2020 are $600 billion less than the costs estimated without the PPACA.

 

The government will spend a total of 4% less on Health care over this decade than estimated while simultaneously expanding health care coverage to 20 million+ people assuming the court doesn't decide against it.

 

That's $600 billion in savings to taxpayers over a 10 year period. And every time they do a new adjustment, the total cost drops more and that amount looks even more favorable.

 

The longer the ACA continues the better the outcomes will be. It's like a football game. You can find some plays that were pretty crappy but as the game goes on, and you start to see the "lead" increasing the better the team seams. Since I see so much of it in my world, I'm anxious to see the long term impact on personal credit and its effects on the economy. For example, less medical accounts going to collections, less medical related personal bankruptcies, etc.

 

 

[StrangeSox]

[cabiness42]

Obamacare is working in part because it forced huge premium increases on the middle class. That part needs to be fixed. I don't agree with the Republican tactic of just eliminating Obamacare without finding another way to continue providing insurance to the previously uninsured, but at the same time you have to find a better way to do this.

[StrangeSox]

Year over year premium increases have slowed significantly during the same time period. That's not true for every individual obviously, but in the aggregate more people are insured and for cheaper than they otherwise would have been.

[cabiness42]

Year over year premium increases have slowed significantly during the same time period. That's not true for every individual obviously, but in the aggregate more people are insured and for cheaper than they otherwise would have been.

 

What you've basically described is a tax increase that has disproportionately impacted the lower-middle and middle classes, who now have to devote a significantly larger portion of their income to health insurance. Self-employed people and others who were getting their insurance other than through employer group plans have taken especially hard hits.

 

Somehow, the upper class ends up not bearing any of the burden of getting more people on health insurance.

[StrangeSox]

I'm not sure how your getting to that conclusion.

 

Before the aca, premiums increased at am average of x% every year. Since the aca started to take effect, premiums are increasing at less than x%. That's saving money.

 

I posted a study from kaiser family foundation *a couple of pages back that actually found overall premium decreases over the last year in many states for individual plans.

 

*whoops, KFF, not K-P

Edited April 14, 2015 by StrangeSox

[Jenksismyhero]

I'm not sure how your getting to that conclusion.

 

Before the aca, premiums increased at am average of x% every year. Since the aca started to take effect, premiums are increasing at less than x%. That's saving money.

 

I posted a study from kaiser permanente a couple of pages back that actually found overall premium decreases over the last year in many states for individual plans.

 

How about family plans?

[Y2HH]

I'm not sure how your getting to that conclusion.

 

Before the aca, premiums increased at am average of x% every year. Since the aca started to take effect, premiums are increasing at less than x%. That's saving money.

 

I posted a study from kaiser permanente a couple of pages back that actually found overall premium decreases over the last year in many states for individual plans.

 

They're using a lot of statistical twisting to come to these favorable conclusions in a LOT of cases. Such as devoting a study to "individual" plans, and undoubtedly targeting a specific age range within that limited group.

 

Anecdotal, I know, but I don't know a single person, be they single, married, with kids, without kids, young, middle aged or old that has seen their premiums decrease from what they were paying before the ACA. And I'm betting most people here haven't, either.

Edited April 14, 2015 by Y2HH

[StrangeSox]

How about family plans?

Sorry, mean the "individual market" versus the group market. The study's a couple of pages back.

 

There was also a similar study done by McKinsey last year that found that premiums will be increasing only 4% on average and that people have a much greater choice in plan options.

http://healthcare.mckinsey.com/sites/defau...%20Center_0.pdf