Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

5/31/2013 (1 year ago)

Catholic Online (www.catholic.org)

Rates will increase by as much as 146 percent for individuals.

Recently, the Obama administration trumpeted the success of Obamacare in California, boasting that the anticipated rate increases were "way below" what was widely feared. However, it now appears this was the result of deliberately misreading the data. California rates will actually increase by as much as146 percent according to the data.

Even under the most optimistic scenarios, insurance rates are increasing for all Californians.

Even under the most optimistic scenarios, insurance rates are increasing for all Californians.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

5/31/2013 (1 year ago)

Published in Politics & Policy

Keywords: California, insurance, rates, increases, Obamacare


LOS ANGELES, CA (Catholic Online) - Insurance is about to get more expensive in California. Of course, even under the most optimistic scenarios, Obamacare was intended to raise premiums for everybody, it was a matter of asking how bad it would be. Now we know.

Many California residents, like other Americans, have worried about the coming January 1, 2014 "rate shock" that will dampen consumer spending, and possibly put some families over the edge, forcing them to choose between go without health care and paying a punishing tax or to pay a hugely inflated premium.

No matter what, you lose, and the federal government and insurers win as they part you from more of your hard-earned, limited funds.

Last week, Peter Lee, the man who ought to know better because he is the head of the California health insurance exchange, boasted that "These rates are way below the worst-case gloom and doom scenarios we have heard."

However, his data, as reported by Forbes.com and other outlets across the media, says those rates will increase by 146 percent in some cases. Is this "below" the "doom and gloom" for Lee?

What actually happened was something of a shell game that will disappoint many Californians. Apparently, Lee was very proud of the fact that tightly regulated plans pertaining to small employers would only see an increase of about two to 29 percent, which, by the way, is still an increase.

However, that statement has nothing to do with the plans individuals must pay for if they buy their own insurance. Nor does it apply to the major plans provided by employers.

Nope, those rates are still crushing.

For a young man who is a non-smoker, your rate will be a minimum of $184 per month. Add years of life or a health condition, and your rates go up from there.

Premiums for individuals will at least double, and go yet higher than that.

You're welcome.

None should be fooled into buying the rhetoric that Obamacare somehow lowers rates, or makes financial life easier for anyone. Yes, we are all happy to see people enjoy greater access to healthcare, which itself should be considered a basic human right. Certainly we are also happy to see the end of inhuman practices that bar people with preexisting conditions from obtaining insurance of any kind.

There is no such thing as a free lunch, however, and everyone will pay more, be it in taxes or in premiums. As demand goes up thanks to government legislation, so does the price.

Nobody can rightfully complain about this if they want to see insurance expanded to all. However, for the Obama administration and various officials trumpet the program as some kind of victory over the market is propaganda.

We live in a nation where healthcare is a major for-profit industry. The greed of executives has propelled prices so high that greater numbers of people can't afford to pay the costs. Now we have millions who can never pay their medical bills, subsidized by a shrinking pool of payers.

Obamacare is set to reverse this trend, but it will not come with cheaper, or even reasonable costs.

Until healthcare is divorced from profit and remarried to charity, this problem will remain.

Good luck, fellow Californios.

---


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


Copywriter 2015 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for May 2015
Universal:
That, rejecting the culture of indifference, we may care for our neighbours who suffer, especially the sick and the poor.
Evangelization: That Mary's intercession may help Christians in secularized cultures be ready to proclaim Jesus.


Rosaries, Crosses, Prayer Cards and more... by Catholic Shopping .com


Comments


More Politics & Policy

ISIS, IRAN, OBAMACARE: President Obama's legacy - very slim indeed! Watch

Image of A very nonplussed looking president, indeed.

By Catholic Online (NEWS CONSORTIUM)

United States President Barack Obama will be out of office shortly. How will historians judge him? Not too well, according to New York Post columnist John Podhoretz. "After the failure of the Arab Spring, the collapse of Libya, the failure to act on his ... continue reading


CREDIT WHERE IT'S DUE? Hillary Clinton had 'Leadership, Ownership, Stewardship' of Libyan policy 'from start to finish' Watch

Image of State Department Director of Policy and Planning Jake Sullivan and Secretary of State Hillary Clinton and President Barack Obama at the U.S.-ASEAN meeting in Cambodia on Nov. 20, 2012.

By Catholic Online (NEWS CONSORTIUM)

According to one of her top aides, former Secretary of State Hillary Clinton had "leadership/ownership/stewardship of this country's Libya policy from start to finish." That claim came in an email written by one of Clinton's top aides. The message was forwarded ... continue reading


All for naught? FBI admits that Patriot Act didn't lead to cracking major terrorist cases Watch

Image of Opponents, with the inspector general conclude that no major cases have been broken by use of the Patriot Act's records-snooping provisions.

By Catholic Online (NEWS CONSORTIUM)

It granted the Federal Bureau of Investigation bold new powers - but now the FBI admits that the Patriot Act didn't help them crack any major terrorism cases. The Justice Department's Inspector general Michael E. Horowitz now says there are issues that keep key ... continue reading


Karl Rove's American Crossroads no longer as powerful as it once was Watch

Image of American Crossroads began by Karl Rove and other powerful Republicans were at one time a most powerful force in American politics.

By Catholic Online (NEWS CONSORTIUM)

American Crossroads, created by Karl Rove and other powerful Republicans, was at one time a most powerful force in American politics. There is evidence, however, that this is changing. The American political landscape is changing, and the group is seeing the ... continue reading


Disappointing Congress: Both the right and the left ladle out heavy disapproval for Congress Watch

Image of Republicans at 36 percent are about as likely as Democrats at 38 percent or independents at 38 percent to say Congress is accomplishing less than they expected.

By Catholic Online (NEWS CONSORTIUM)

Even republicans have very little good to say about the republican-led Congress. Just 23 percent of Americans say congressional Republicans are keeping the promises they made during last fall's campaign. The vast majority, at 65 percent say they are not. LOS ... continue reading


ENROLLMENT ZERO: No one signs up for Obamacare in Hawaii - NO ONE Watch

Image of Suppose they gave universal health care - and no one came?

By Catholic Online (NEWS CONSORTIUM)

Suppose they gave universal health care - and no one came? That appears to be the case in Hawaii, where Hawaii's Obamacare Exchange enrolled a grand total of ZERO - simply no one, people during its special enrollment period. While Hawaii's enrollment was a ... continue reading


ANOTHER LIE: Hillary Clinton's email scandal grows Watch

Image of

By Abigail James (NEWS CONSORTIUM)

Hillary Clinton is caught in another lie regarding her private email account usage. According to the New York Times, Clinton used more than one private account while serving as secretary of state. LOS ANGELES, CA (Catholic Online) - The news of another private email ... continue reading


President Obama seeks to end immigration enforcement on part of local police Watch

Image of President Obama hoped to rebut the notion that he is insensitive to the plight of police officers on the front lines.

By Catholic Online (NEWS CONSORTIUM)

President Barack Obama, while in Camden, New Jersey, said that in order for local police to rebuild trust within their communities, immigration enforcement must be taken away from state and local police and remain strictly the domain of federal law enforcement. ... continue reading


The Clintons have earned WHOPPING $25 million to deliver speeches since last year Watch

Image of Hillary Clinton has made $3.2 million from the tech sector. One of her last speaking gigs on the paid lecture circuit; she addressed an eBay summit aimed at promoting women in the workplace. Her 20-minute chat garnered a $315,000 check.

By Catholic Online (NEWS CONSORTIUM)

Former first family, the Clintons, at one time claimed they were broke. If so, this was before last year, when both Bill and Hillary delivered 104 speeches for a total of $25 million. Hillary Clinton is especially popular with high-tech firms, who eagerly shell ... continue reading


President Obama cracks down on military equipment for U.S. law enforcement Watch

Image of Making his announcement in Camden, New Jersey, the president praised efforts by the police department to improve their relationship with a poor community struggling with violence.

By Catholic Online (NEWS CONSORTIUM)

U.S. President Barack Obama gave law enforcement a dressing down this week - literally. Obama has placed new restrictions on the amount of combat-style equipment local law enforcement can use. The gesture is intended to smooth over relations with racial ... continue reading


All Politics & Policy News

Newsletters

Newsletter Sign Up icon

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

Daily Readings

Reading 1, Sirach 35:1-12
1 One who keeps the Law multiplies offerings; one who ... Read More

Psalm, Psalms 50:5-6, 7-8, 14, 23
5 'Gather to me my faithful, who sealed my covenant ... Read More

Gospel, Mark 10:28-31
28 Peter took this up. 'Look,' he said to him, 'we ... Read More

Saint of the Day

Saint of the Day for May 26th, 2015 Image

St. Philip Neri
May 26: If one had to choose one saint who showed the humorous side of ... 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