If you like your disposable income… forget it. Health-care insurance premiums for individuals in California rose between 22% and 88% in 2014 from last year, even after the federal health-care overhaul. This has led, as Bloomberg reports, to Proposition 45 – a bill that would grant regulatory say on proposed premium increases. “Unless Proposition 45 is passed we are going to continue to see dramatic year-over-year increases,” warned Insurance Commissioner Dave Jones. As Bloomberg reports, Insurance Commissioner Dave Jones said, a Democrat, is pushing a statewide ballot measure for November known as Proposition 45 that would give him regulatory say on proposed premium increases. The measure is opposed by insurance companies, which have said that it would actually cause rates to rise while harming the […] Read More
Tag: obamacare
By Stephen Lendman Steve Lendman Blog He’s got himself to blame. He sold a pig in a polk. He backed one of America’s greatest ever scams. It hugely enriches providers. It does so at the expense of giving everyone universal single payer coverage. More on that below. Obamacare is rife with problems. It leaves millions uninsured. It leaves millions more underinsured. It makes healthcare coverage more expensive. Mandated market rules include rude awakenings. Many consumers are left paying much more than they thought. Most plans include huge deductibles and co-pays. Doing so means tens of millions face unaffordable out-of-pocket costs. Federal subsidies for America’s poor are woefully inadequate. Millions live from paycheck to paycheck. Limited resources make expensive treatments unaffordable. Insurers have plenty of wiggle room. They can’t […] Read More
Source: Washington Free Beacon CBS This Morning reported Tuesday more than two million Americans will not be able to renew their current health insurance policies because of Obamacare. That is said to be more than triple the number of people buying insurance under the Affordable Care Act. Correspondent Jan Crawford called the number “just the tip of the iceberg … despite the president’s assurances to the contrary,” referring to Obama’s infamous pledge that people who like their plan will be able to keep it under Obamacare. Those numbers are certain to go even higher, Crawford said, with some companies telling CBS they have sent letters but not disclosing how many. Industry experts like Larry Levitt of the Kaiser Family Foundation said the insurance companies have no […] Read More
The right’s crusade against health insurance is more than just evil and cruel, it’s evil, cruel and incredibly stupid. Huh. That looks weird. Has that always looked like that? I don’t spend a lot of time looking at the back of my calves. I’m sure you don’t spend a lot looking at yours. Kind of like the dark side of the moon, they’re on the dark side of your body. And they’re not interesting enough to make a special effort. What do the backs of our calves do all day long? Who knows, they could be plotting to overthrow the government and we’d never notice. But for some reason a few months ago I did look at the back of my right calf. And I […] Read More