Ten Times the Rate of Inflation

Ten Times the Rate of Inflation

February 09, 2010 9:14 AM
http://blogs.abcnews.com/politicalpunch/2010/02/ten-times-the-rate-of-in...

As we covered yesterday, the Obama administration is demanding answers from California's largest insurance company, Anthem Blue Cross, as to why the company is suddenly raising premiums on some customers by up to 39 percent -- more than 10 times the rate of inflation.

“I really can't afford to spend $9000 a year on health insurance,” said San Francisco attorney and Anthem Blue Cross insured Pamela Fasick.

Her premiums are going up 28 percent beginning March 1.

“I would hate to give up insurance at this point in my life, but I wouldn't be able to pay that money out of my income without going into debt,” she told ABC News in a segment that ran on this morning's Good Morning America: (MORE)

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We have a choice. Do we really want to continue this system that keeps insurance bureaucrats in charge of our health care, and allows insurance companies to extort money from those who can afford to pay, and allow those who cannot afford to pay to go bankrupt or die? Do we want to continue a system where, if you're truly in need of health care, the insurance companies can deny to sell you insurance at ANY price because you have a -- dreaded -- "pre-existing condition"?

Isn't it past time that the United States does what every other industrialized nation in the world does, and makes health care a right protected by government, just as are our freedom of speech and freedom of religion?

..to $9,000. The median salary for lawyers in San Francisco is from about $75,000 to $150,000, http://www.payscale.com/research/US/Job=Attorney_/_Lawyer/Salary/by_City . How well could most of us live on $64,000 to $141,000 a year after we had paid our annual premium on health insurance. This might be a rather poor example.

She must be living way beyond her income if she isn't saving enough to make the difference of $2,000 ($40 a week) in health insurance a year. I might be more sorry for someone who is spending half their income on health insurance, and it gets jacked up another $2,000.

Old South End Broadway

We all do, in Toledo. The cost of living here is SO LOW!!

The cost of living in San Francisco is extremely high. Did you bother to look up the median price of housing in SF? If this woman is fortunate enough to earn $100,000 a year, she probably pays out more than half in rent or in monthly house payments!

Besides, you're missing the point. Does the insurance company really need such a massive increase in an era of the lowest overall inflation rate since World War II?? NO!! The insurance company executives are avaricious pigs!! And you trust them to make health care decisions??? NOT ME!!!

In addition, those insurance rates would also have to be paid by store clerks, auto mechanics, small business people, etc., etc. This, of course, is the main reason why so many Americans have NO HEALTH INSURANCE!

Remember, we are the ONLY industrialized nation in the world that does NOT have national health care. Are you and the other naysayers so unpatriotic as to believe that the United States of America can't afford to do what every other industrialized nation can do...provide health care to all of our citizens?? My country is better than that!!

Yes, insurance needs reform...but NOT by government bureaucrats. Name one thing the government runs competantly and competitively!! Let me know. There are many other things that can be done to decrease healthcare costs and increase accesibility.

If you think govt socialized care is free, wait until you have to pay for it...and we all will whether we are on public assistance or not.

Perhaps Wolfie is worried Obamacare is crashing and burning and he will have to pay his own taxes on his gold-plated UAW Union health care benefits(?)

BTW, try and use your gray matter to figure out why California insurance premimiums are so high.

Wolfie, your disgustingly gleeful posts on Toyota remind me of the 4th grader that no one liked because they kept saying the same stupid things over and over. Toyota will survive thank goodness along with the many hard working men and women who make cars for the millions of Toyoita and Lexus faithful. The "little three" will get tinier and more irrelevant---if that's possible.

Keep posting your childish rants though...entertaining for us and therapy for you.

We are all born ignorant, but one must work hard to remain stupid.-Ben Franklin

Wolfman reports the news. Some in our local media circles find the Toyota recall story an insult to themselves personally. These talk show "entertainers" for the last couple of years have insulted the the local manufacturing workers with their titillating 'gleeful' childish condemnations of the domestics. Further the bloviators have promoted the purchase of the foreign brand by their example as the righteous patriotic thing to do. There was a time in Toledo when the community pulled together for what was best for all. Now we have a hate-filled faction that wants to dictate to the majority their world view.

Toyota has been protected by the haters for years. The Entertainers now defend them as a government conspiracy. State Farm insurance proved that theory wrong.

Health care was hijacked by the goofball right. This article proves the need for serious reform. The party of no offers no serious reform. If you read this article in full one would realize the threat of out of control health care to our way of life as Americans. Auto worker realize the costs are a uncompetitive drag on the domestic auto manufacturers. No other importer of autos faces these costs but the haters only believe what they want to believe. Getting something for nothing to the detriment of the American economy.

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

"Further the bloviators have promoted the purchase of the foreign brand by their example as the righteous patriotic thing to do." OH really? Where? In fact I think most don't define their patriotism by what they drive. It is the GM, Ford, and Italian Chrysler owners and workers who have tried to push patriotism as determined by what they drive.

However people like me, who used to buy only "American" are tired of getting screwed by the "American" companies.

"Toyota has been protected by the haters for years." Nope. Toyota drivers have generally been happier with their vehicles than most others. This has been supported by poll after poll. This is not "protection" by "haters".

"Health care was hijacked by the goofball right." Nope. Healthcare was done in by all the shady deals. Unions getting a pass, Louisiana and Nebraska buy-outs, broken CSPAN promises, and a veil of secrecy. If all the Republicans had voted against it they still could not stop it's passage. It was the independents and blue dogs who stopped it. Unless if you count Lincoln Chaffee and Joe Lieberman as "goofball right" your statement is categorically false.

MikeyA

wolfman, do you have any idea how nonsensical, disjointed and dense this post is of yours? Nope, didn't think so (see my Ben Franklin quote). Well it's good for a laugh plus a little free therapy for you.

We are all born ignorant, but one must work hard to remain stupid.-Ben Franklin

Here's a quote that explains much of Tom's childhood.

"When I was a boy of fourteen, my father was so ignorant I could hardly stand to have the old man around. But when I got to be twenty-one, I was astonished at how much the old man had learned in seven years."
~Mark Twain~

Statements made are the opinion of the writer who is exercising his first amendment right to freedom of speech. Freedom of speech in the United States is protected by the First Amendment to the United States Constitution and are generally permitted.

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