Policyholders could pay more under Obama plan

Policyholders could pay more under Obama plan
By TOM MURPHY and LINDA A. JOHNSON (AP) – 7 hours ago

If President Barack Obama gets what he wants in his health care plan — covering all Americans and barring insurers from denying coverage — some analysts say individuals could wind up paying higher premiums.

The Obama plan would impose new costs on insurance companies, which would probably then raise the prices customers pay for coverage. Employers also would likely pass on some of their higher costs to employees.

An individual in a typical plan might have to pay up to $780 more for the same coverage in the first year of Obama's plan, estimates Erik Gordon, a health care analyst and assistant professor at the University of Michigan's Ross School of Business.

Gordon said employees now typically pay 20 to 40 percent of the premium for a typical health care package costing about $13,000 a year for a family of four, with employers picking up the rest.

Obama's plan would raise insurers' costs 10 to 15 percent if reform doesn't provide other savings, Gordon estimated. He thinks employers would stick employees with perhaps 40 percent of the higher premium, or $520 to $780 more — though they might also receive better coverage because of mandatory preventive care and screenings.



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No absolutes...
which would probably then raise the prices

Obama's plan would raise insurers' costs 10 to 15 percent if reform doesn't provide other savings

So if we don't implement health care reform then YOU are guaranteeing my health insurance won’t go up?

BTW – 10-15% would be great!!!!!

According to the report’s state-by-state analysis, the five-year increase (2003 to 2008) in employer-based premiums for family coverage averaged 33 percent, ranging from a high of 45 percent in Indiana and North Carolina to an average low of 25 percent in Michigan, Texas, and Ohio. Most states saw increases of 30 percent to 40 percent.

So in Ohio, we’re having an increase of on average of 25% per year. Only 10-25% would be a huge saving!

You actually think that 10 to 15 % wont be on top of normal increases??

Boy are you gullible...

“Political correctness is a doctrine, fostered by a delusional, illogical minority, and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it is entirely possible to pick up a turd by the clean end.”

But if the insurance companies are competing against a government run public option in stead of the near monopoly they have now, their rate of increase is won’t be anywhere near 25%.

Why don't they simply change the law that prevents the selling of health insurance nationwide? Wouldn't that provide more competition without the government having to jump in and screw things up more?

"We're all riding on the Hindenburg, no sense fighting over the window seats"-Richard Jenni

So you’re advocating taking away the States’ rights to regulate the Health Insurance Industry and turn it over to the Federal Government? Wow conservatives surprise me more everyday…

So what happened when we deregulated the energy industry? How many companies can you get your gas and electricity through now? How much has you bill dropped year over year?

The regulated cable, how many cables companies are competing for your service? How much has your bill dropped?

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