Three cheers for Obamacare! Hip-hip… what? Common guys, you’re not sharing the
love? You thought your insurance premiums
would go down? You thought you could
keep your plan, doctor, and hospital? What
do you think this is, America?
Blue Cross and Blue
Shield, North Carolina’s largest health insurer, is scrapping its June request
for a 25.7 percent rate increase in favor of a larger rate hike: 34.6 percent.
In announcing the change
Thursday, the Chapel Hill organization blamed the Affordable Care Act for
driving up costs by extending health insurance to many chronically ill people.
As the state’s dominant health insurer and the only ACA insurer in several dozen
counties, Blue Cross is seen as a barometer of North Carolina’s health
insurance market for pricing and access.
The company’s request,
which requires approval from state and federal regulators, would affect about
380,000 people Blue Cross covers in North Carolina on individual policies under
the Affordable Care Act. It does not apply to the majority of the 3.9 million
Blue Cross covers in the state under employer plans, state plans and other
policies.
Basically, this rate
increase will only affect contractors, entrepreneurs and the self
employed. Thanks Democrats. You really know how to screw people who have
ambition to improve themselves.
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