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Thread: US sees sharpest health insurance premium increases in years

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    US sees sharpest health insurance premium increases in years

    Americans have recently been hit with some of the largest premium increases in years, according to a Morgan Stanley survey of insurance brokers.


    The investment bank’s April survey of 148 brokers found that this quarter, the average premium increase for customers renewing an insurance plan is 12 percent in the small group market and 11 percent in the individual market, according to Forbes’ Scott Gottlieb.


    The hikes — the largest in the past three years, according to Morgan Stanley’s quarterly reports — are “largely due to changes under the [Affordable Care Act],” analysts concluded. Rates have been growing increasingly fast throughout all of 2013, after a period of drops in 2012.

    While insurers were hiking premiums since 2012 by smaller amounts, the lead-up to the Obamacare’s launch has seen the average rate at which premiums are growing fourfold.

    Read more - http://dailycaller.com/2014/04/07/su...D=1248,1624465
    #Dems play musical chairs + patronage and nepotism = entitlement !

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    Member steven's Avatar
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    you aint seen nothin yet
    People who wonder if the glass is half empty or full miss the point. The glass is refillable.

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    Member FMD's Avatar
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    no, you got that wrong, healthcare insurance premiums went DOWN!
    Willful ignorance is the downfall of every major empire in history.

    "Political power grows out of the barrel of a gun." - Mao, 1938

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