bonnie Posted June 11, 2013 Posted June 11, 2013 Obamacare ‘rate shock’ hits Ohio with 88 percent insurance hikes The Washington Times The Ohio Department of Insurance predicts premiums in 2014 will rise by 88 percent, a direct result of President Obama’s Patient Protection and Affordable Care Act. The average cost of insurance premiums will stand about $420, “representing an increase of 88 percent” compared to 2013, the department reported, Forbes said. SPECIAL COVERAGE: Health Care Reform State officials aren’t surprised. They’ve cautioned about the “rate shock” since the early days of Obamacare, Forbes reported. “We have warned of these increases,” said Lt. Gov. Mary Taylor, in a statement reported by Forbes. “Consumers will have fewer choices and pay much higher premiums for their health insurance starting in 2014.” Rates in August 2011 for Ohio residents were projected to increase between 55 percent and 85 percent. By March of 2013, those cost hikes had whittled to an 81 percent prediction. “A total of 14 companies proposed rates for 214 plans to the Department [of Insurance] Projected costs from the companies for providing covered for the required — by Obamacare — essential health benefits ranged from $282.51 to $577.40 for individual health insurance plans,” Ms. Taylor’s statement read, Forbes reported. The Department of Insurance still has to approve the proposed rate hike, Forbes said. Read more: http://www.washingtontimes.com/news/2013/jun/11/obamacare-rate-shock-hits-ohio-88-percent-insuranc Quote Everything you do is based on the choices you make. It's not your parents, your past relationships, your job, the economy, the weather, an argument, or your age that is to blame. You and only you are responsible for every decision and choice you make, period ... ... Wish more people would realize this. Quotes by Susan Gottesman
Ted Oplinger Posted June 12, 2013 Posted June 12, 2013 That's what happens when one passes a bill before looking inside to see what's in it..... Quote "As iron sharpens iron, so also does one man sharpen another" - Proverbs 27:17 "The offense of the cross is that the cross is a confession of human frailty and sin and of inability to do any good thing. To take the cross of Christ means to depend solely on Him for everything, and this is the abasement of all human pride. Men love to fancy themselves independent. But let the cross be preached, let it be made known that in man dwells no good thing and that all must be received as a gift, and straightway someone is offended." Ellet J. Waggoner, The Glad Tidings "Courage is being scared to death - and saddling up anyway" - John Wayne "The person who pays an ounce of principle for a pound of popularity gets badly cheated" - Ronald Reagan
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