So after Obamacare is gutted and cast aside, the Insurance Executives will finally STOP raising rates like they have over the last 25 years?

Best Answer:

beaver: As proven the health insurance rates were rising at a far greater rate PRIOR to the ACA than during.
What has received little media attention is how the GOP sabotage the ACA which caused the recent rate hikes.
The ACA was set up with Risk Corridors. Meaning it was known that with the insurance companies not being able to refuse coverage to anyone and with them having to insure those with pre-existing conditions, they were going to lose money for the first 5 to 10 years of Obamacare. So within the ACA subsidy payments were set up to reimburse the health care industry for those loses in order to keep rates level.
What Marco Rubio and few others did was to insert a rider into the 2016 budget that removed those subsidy guarantees for the insurance companies basically defunding them. So of course rates were going to rise and the ACA would be blame when in reality the recent rate increases had nothing to do with the ACA.

Other answer:

beaver:
This is why we need single payer of medicare for everyone. People can still get supplemental insurance if they want. Obamacare is Romney's plan, but the Republicans don't want to admit that. My rates have gone up about $150.00 more per month since the ACA was started. They would have gone up anyway, and most likely more. The Republicans have no plan whatsoever to replace the ACA after they destroy it, but I've heard it could take them more than two years to make it happen. Then I've heard within 45 days it will be destroyed. So who knows, I don't trust the Republicans, they had PLENTY of years before to do something & chose to do NOTHING. Their plan still is the same…don't get sick and if you do hurry & die. I'm ashamed to live in a country that is as cruel as the USA in not having a better healthcare system for the legal citizens to have.
Casey Y:
Sure, as long as doctors and drug companies also choose not to raise their rates…

Insurance isn't the problem here, its the cost of care. If the cost of care were cheaper, insurance premiums would be lower…

The MLR (Medical Loss Ratio) provision of Obamacare saw to this by capping the amount an insurance company can earn and forcing them to return premium if they don't spend 80 or 85% of the premiums to pay claims. From the remaining 15-20%, they pay all overhead and profit.

Linda:
as proven the health insurance rates were rising at a far awesomeer rate prior to the aca than during…
what has received little media attention is how the gop sabotage the aca which caused the recent rate hikes…
the aca was set up with risk corridors… meaning it was known that with the insurance companies not being able to refuse coverage to anyone and with them having to insure those with pre-existing conditions, they were going to lose money for the first 5 to 10 years of obamacare… so within the aca subsidy payments were set up to reimburse the health care industry for those loses in order to keep rates level…
what marco rubio and few others did was to insert a rider into the 2016 budget that removed those subsidy guarantees for the insurance companies basically defunding them… so of course rates were going to rise and the aca would be blame when in reality the recent rate increases had nothing to do with the aca…
RWPossum:
As expensive as it is, taxpayers are happy to pay for Republicare, and we'll be seeing a lot more of this.

Instead of paying for relatively cheap visits to doctor's offices, taxpayers pay for the big problems that could have been avoided – with expensive emergency room care.

If you're injured and you have a long wait for care at the hospital, say, "No hurry – I like Republicare!"

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tro:
insurance rates rise as medical costs rise, in the past 25 yrs even an office visit has increased more than double, insurance companies have to charge more to cover what they are legally obligated to cover
Insurance Pickle.com:
Insurance pays for the COST of healthcare. Unless you lower the cost of healthcare, you can't expect premiums to come down. #commonsense
Rick:
You don't think forcing insurance companies to cover pre-existing conditions causes rate hikes?

You really can't call that insurance

Bob:
NOt necessarily, their rates go UP because medical costs continue to soar. That is at the heart of the problem
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