59% increase in Health Insurance costs!

59% increase in Health Insurance costs!

latimesblogs.latimes.com New TYT Network channels: www.youtube.com www.youtube.com New TYT Facebook page (!): www.facebook.com Follow us on Twitter: twitter.com www.theyoungturks.com DISCOUNTS: www.theyoungturks.com free movie (!): www.netflix.com Note: The above two links are for TYT sponsors. Read Ana blog and subscribe at: www.examiner.com TYT Network (new WTF channel?): Www.youtube.com Out TYT Interviews www.youtube.com Another of California’s largest health insurers has stunned individual policyholders with news about the huge rate increases – this time it’s Blue Shield of California seeking hikes of as much as 59% for tens of thousands of customers first in March. Blue Shield plan comes less than a year after Anthem Blue Cross tried and failed to raise rates as much as 39% to approximately 700,000 California customers. San Francisco-based Blue Shield said the increases were a result of rapidly rising healthcare costs and other expenses resulting from the new health laws passed last year. “We raise rates only when absolutely necessary to pay the accelerating health care costs for our members,” the company told its customers last month. In total, the insurer said that 193,000 policyholders would see increases in average 30% to 35%, the result of three separate hikes since October, there has been rolled into one for about 7,000 members. Nearly a quarter of the affected customers – 44000 – will see cumulative increases of more than 50% over five months. Blue Shield

25 Replies to “59% increase in Health Insurance costs!”

  1. Obama’s Healthcare reform was so watered down that passing it was almost pointless.

    I am waiting for the the single payer plan from Vermont since that might just be historical turning point in healthcare reform.

  2. @MyTemporaryAccount88 I totally agree, small biz hire over 75% of all employees in this country and we need sales, we need consumerism and unless that happens there will be no expansions. No matter how much money you have if you don’t have demand for your products it does not make sense to expand.

  3. @barsense It all depends how you define centrist. My positions would serve business, poor, rich, middle class, state, environment, everyone. Except those that want to be ridiculously rich off of others expense.

    A state that invests in its young and new industries, technology & science, will lead the way. One with high social mobility will make sure the best & the brightest get to fulfill their potential, working at NASA instead of McDonalds.

    Lifting everyone up = more consumers = more jobs etc

  4. @MyTemporaryAccount88 And centrist is GOOD a Good president is going to look after ALL income levels , workers and biz big and small biz. It takes all to of us to secure liberty and prosperity in this country from the bottom all the way to the top. worker and business.

  5. @MyTemporaryAccount88 Nope the reason the GOP is so desperate to get rid of Obama and are hitting him so hard is because he is not playing their game and the healthcare reform WAS NOT written by lobbyists. and that is the reason you see adds on TV from insurance co. bashing healthcare reform. that is the reason mega corps are digging deep in their coffers fro adds against dems and FOR GOP, dems get more backing from working people thru unions not from mega corps and this is well-known

  6. @barsense Wall St. & Koch etc want 0 regulations. They’ll never be happy. The GOP have gotten so bold because the Dems got more money from many industries in ’08, and with the tea party as cover, they can now whore out 100% and get all the cash.

    Look, the GOP is bad, they’re a wholly owned subsidiary. Does that mean the Democrats aren’t? No. They can both be bought, which’d explain why problems aren’t solved, truth isn’t told.

    If the GOP is a tiger, Obama’s a wolf. Both are dangerous.

  7. @barsense He is bought, he’s surrounded himself with the corporatists of the corporatists, goes to the “center” (aka corporatist position) on everything, etc. I assume you’ve heard Cenk explain it several times, but Noam Chomsky predicted everything that’s happened, by saying “look at the people he surrounds himself with”.

    The healthcare bill was written by lobbyists as well. They’re almost all bought, and if Obama truly wanted that, he’d push for campaign finance reform.

  8. @MyTemporaryAccount88 LOL. Obama is not bought that is why Wallstreet, Ins. and other elite like the Koch Brothers are trying so hard to break him and get him out. That is why the GOP have gotten so bold and desperate that they hired a bunch of Lobbyists to write policy for them. Imaging that now courtesy of the new GOP we get to pay special interest LOBBYISTS to write policy for the GOP to try and get passed including healthcare.

  9. @MyTemporaryAccount88 No, he is not bought. the GOP are bought though no doubt about that they just hired a bunch of lobbyists to write policies for them so now we are paying lobbyists thanks to the GOP to write laws for the GOP to try and get passed. , Obama just insisted that the dem convention for the first time refuse all corporate donations , he is smart though he hired the GE exec to further green energy and heatlhcare and get more republicans on board with those issues. .

  10. @MyTemporaryAccount88 i DO THE DEMS DID AN AMAZING JOB WITH THE POLICES THEY PASSED REVERSING JOB LOSSES AND TURNING THATT INTO JOB GAINS, WE ARE NOT GAINING ENOUGH YET BUT IT KEEPS INCREASING . MUCH BETTER THAN THE LAST BAD RECESSION THAT WAS NOT NEARLY AS SEVERE AS THIS ONE. AMAZING JOB THEY HAVE DONE WITH WHAT THEY HAVE HAD TO DEAL WITH.

  11. @barsense Yes it passed, but does that mean the problem’s fixed? I have no respect whatsoever for Wall St, GOP, & corporatist dems, they’re a lost cause. They’ll crash the US & global economy, & lead to unimaginable pain, starvation, etc. They deserve a million lifetimes of growing up in the worst slums of the world, dying of AIDS from having to prostitute themselves to live.

    Obama however, is bought. That’s the problem.

    The reform did some good stuff, but it didn’t fix the problem, at all.

  12. Fact: Reform increases Medicare solvency, cuts out of pocket costs and provides seniors with annual preventative care doctors visits.

    FACT ;By attacking fraud and waste in Medicare, the new health care law will finally allow seniors to get the care they deserve. The new law will stop overpayments to Medicare Advantage providers, and instead the money will be reinvested in primary care benefits to patients

    Source The Hill AND SO IT IS. EASILY VERIFIED

  13. @kimlene05 Many people are starting to wake up and realize the GOP only cares about corporate profits especially since they are hiring lobbyists to write their policies for them. HIRING LOBBYISTS.

  14. @kimlene05 Many people are starting to wake up and realize the GOP only cares about corporate profits especially since they are hiring lobbyists to write their policies for them. HIRING LOBBYISTS.

  15. @kimlene05 The Kaiser poll is considered the gold standard for healthcare reform bills shows 62% disapprove of GOP trying to defund healthcare reform and only shows 33% on your side.

  16. @kimlene05 You should look up the rather large lists of doctors that will be entering into medicare treatment due also to provisions in the healthcare bill investing in new community hospitals,. and in medical education for them.,

  17. @kimlene05 You should look up the rather large lists of doctors that will be entering into medicare treatment due also to provisions in the healthcare bill investing in new community hospitals,. and in medical education for them.,

  18. @kimlene05 You do more good for turning people away from your party that I could ever do by pointing out the truth and facts. Nothing could push people further away from wanting to have anything to do with any party you associate with than your own vile mouth and continued spewing of totally debunked rhetoric.

  19. @kimlene05 You do more good for turning people away from your party that I could ever do by pointing out the truth and facts. Nothing could push people further away from wanting to have anything to do with any party you associate with than your own vile mouth and continued spewing of totally debunked rhetoric.

  20. @kimlene05 I am showing amazing restraint just having some fun seeing you make a horses rear of yourself over and over again and again It shows people what the kind of people that fall for the nonsense you fall for are like.

  21. @kimlene05 Fact: Reform increases Medicare solvency, cuts out of pocket costs and provides seniors with annual preventative care doctors visits.

    FACT ;By attacking fraud and waste in Medicare, the new health care law will finally allow seniors to get the care they deserve. The new law will stop overpayments to Medicare Advantage providers, and instead the money will be reinvested in primary care benefits to patients

    Source The Hill AND SO IT IS. EASILY VERIFIED

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