Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

7/22/2013 (1 year ago)

Catholic Online (www.catholic.org)

Costs for individual plans to increase from an average of $255 per member per month in 2012 to $570 in 2014

According to the Indiana's insurance department, under President Barack Obama's healthcare overhaul, i.e. "ObamaCare" insurance rates will increase 72 percent for those with individual plans and eight percent for small group plans.

Costs for individual plans are expected to increase from an average of $255 per member per month in 2012 to $570 in 2014, when the most aspects of the law go into effect.

Costs for individual plans are expected to increase from an average of $255 per member per month in 2012 to $570 in 2014, when the most aspects of the law go into effect.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

7/22/2013 (1 year ago)

Published in U.S.

Keywords: Indiana, ObamaCare, insurance, rates, individual insurance


LOS ANGELES, CA (Catholic Online) - The increase is due primarily to new mandates under the law. The health care overhaul requires insurers to cover those with pre-existing conditions and to offer a minimum level of benefits.

"This new data regrettably confirms the negative impact of the Affordable Care Act on the insurance market in Indiana," Chief Deputy Commissioner with the Indiana Department of Insurance Logan Harrison says. "The Affordable Care Act requires many Hoosiers to purchase more comprehensive and more expensive health insurance than they may want or need. These rates call into question just how affordable health insurance will really be for many Hoosiers."

Costs for individual plans are expected to increase from an average of $255 per member per month in 2012 to $570 in 2014, when the most aspects of the law go into effect, Harrison warns.

The increased costs of individual plans will only impact the people buy insurance on their own, about 200,000 people right now, Harrison said. About 70 percent of Indianans get their insurance through their employers.

The insurance department's figures don't take into account federal subsidies that many people will receive on the new health insurance exchanges for individuals. Even worse, those who earn 100 to 400 percent of the federal poverty level will be eligible for subsidies.

According to the Kaiser Family Foundation, a family of four with a household income of $80,000 would receive a tax credit of about $2,269 to help cover the cost of individual insurance.

Harrison said the insurance department looked at the raw rate increases because Indianans will pay for them whether through tax dollars or directly from their own pockets.

---


Pope Francis: end world hunger through 'Prayer and Action'


© 2014 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for December 2014
Christmas, hope for humanity:
That the birth of the Redeemer may bring peace and hope to all people of good will.
Parents: That parents may be true evangelizers, passing on to their children the precious gift of faith.



Comments


More U.S.

The disgusting new fact of American life: More than 46 million Americans on food stamps for 37 straight month Watch

Image of Obama has been in office for about 70 months, and 37 of those months have seen the most amount of Americans on food stamps, ever!

By Matt Waterson (NEWS CONSORTIUM)

It is self-evident that President Obama continues to undermine the abilities of the lower class, enforcing government-reliance on those who can least afford it. The number of Americans on food stamps under Obama has continued along its record breaking path, as, ... continue reading


Faith in the United States' race relations hits a strikingly low point after no indictment verdicts Watch

Image of 57 percent of American's say race relations in the United States are bad, according to the latest NBC News/ Wall Street Journal poll.

By Abigail James (NEWS CONSORTIUM)

"Injustice anywhere is a threat to justice everywhere." Those are the words of Martin Luther King, Jr, a man who fought long and hard for a better today. LOS ANGELES, CA (Catholic Online) - A land where discrimination no longer prevails is a reality that seems no ... continue reading


The Pope, the Pets, the Paparazzi and the Propaganda Media

Image of Pope Francis pets a dog

By Deacon Keith A Fournier

The passing on of this complete fabrication, as well as the embellishment which accompanied it, were not simply a matter of the secular press failing to comprehend this Pope. In fact, religious news sources, both Catholic and Protestant, jumped in. This all ... continue reading


A journey to the land of the free: Part One -- Beaten and scared young children flee violence and turn to the United States for hope Watch

Image of Many young immigrants have no more fight in them when they decide to cross the border, they're only trying to survive.

By Abigail James (NEWS CONSORTIUM)

Blistered feet and filthy, blood-stained skin is the forlorn image of immigrants preparing to cross the border. With hopeful hearts and anxious minds, immigrants, of all ages, assemble to make the leap into their promise land. LOS ANGELES, CA (Catholic Online) - Most ... continue reading


Why is he so upset? Because of the secret Republican time bomb in the government funding bill Watch

Image of The federal government has funding through the 2015 fiscal year, but Republicans will have many opportunities to fight the president's programs in that time.

By Matt Waterson (NEWS CONSORTIUM)

The Senate has approved a $1.1 trillion spending bill, aimed to fund nearly the whole of the federal government through the 2015 fiscal year, ending weeks of drama in Congress and relieving doubts that the government might be shut down again while Democrats and ... continue reading


You know about the 'Bishop of Bling' but do American clergy have the same problem too? Watch

Image of The Bishop of Bling was sacked after he spent $43 million renovating his home.

By Catholic Online (NEWS CONSORTIUM)

Pope Francis has called for "a Church which is poor and for the poor." However, not every member of the clergy may have read the memo. A number of high-ranking Church officials in the United States live in lavish homes, sometimes bordering on the scandalous. LOS ... continue reading


Water leak leads to discovery of 1795 time capsule - left by Paul Revere! Watch

Image of A worker holds the time capsule left by the revolutionaries.

By Catholic Online (NEWS CONSORTIUM)

Paul Revere, the fearless revolutionary who mounted his horse to declare that "The British are coming! The British are coming!" has left an enduring national legacy - in both deed and actions. Excitement is mounting with the discovery of a time capsule left by Revere ... continue reading


The Gender Identity Executive Order of President Obama is a Trojan Horse

Image of Most of us are familiar with the story of the Trojan Horse used by Greek soldiers to take the City of Troy. After a multi-year, unsuccessful effort to take the City, the Greeks pretended to retreat. However, Greek soldiers had left behind a large wooden horse. The Trojans found what they thought were spoils of battle, a large wooden horse. They decided to pull it into the City as a trophy of their victory. Hidden inside were an elite group of soldiers. As soon as the crowds gathered to celebrate the victory, they came out of the horse and destroyed the City from the inside.

By Deacon Keith A Fournier

To equate how one engages in sexual activities with a member of the same sex - or whether one has sexual attraction to a member of the same sex - with a properly protected status such as race, creed, gender or national origin, in the enforcement of federal ... continue reading


America's best hope for 2016 is an old face: Republican's need Romney to run Watch

Image of While Mitt Romney has not said he will run for president in 2016, those close to him suggest that he will, and he is confident that he can win.

By Matt Waterson (NEWS CONSORTIUM)

The Republican party is doing a great deal of soul searching ahead of the 2016 presidential election season. It's will be tough finding a candidate that appeals to the small but vocal Tea Party, the aging and reactionary ultraconservatives and the large and ... continue reading


Government shutdown averted! House passes $1.1 trillion bill just in time Watch

Image of The House of Representatives barely managed to avoid another government shutdown by passing a $1.1 trillion spending bill just hours before the deadline.

By Matt Waterson (NEWS CONSORTIUM)

On the verge of another government shutdown, the House managed to come in with a Hail Mary at the last minute, passing a $1.1 trillion bill on Thursday night, just hours before the deadline at midnight. More surprisingly, the rush to fund the government and ... continue reading


All U.S. News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Saint of the Day

Saint of the Day for December 18th, 2014 Image

St. Rufus
December 18: Rufus and Zosimus were citizens of Antioch (or perhaps Philippi) ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter