Healthcare Usury

Aravosis provides us with reason number 1,436,592 why the for-profit health insurance industry blows gigantic syphilitic goats:

My friend Nick got a little surprise in his mailbox today from Blue Cross Blue Shield. A 29% increase in his health insurance rates.

Nick has no claims and no chronic conditions.

A public option for insurance is mandatory, Mr. President. Make it so!

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  • Keith52

    Mine increased 20% AGAIN. It increases each year in a never ending cycle. The only way to keep rates down is to raise deductibles. In effect the insurance companies are making you pay for all your doctor visits with high deductibles so they can just collect money and you have zero claims. What a freekin’ racket.

  • Keith52

    Mine increased 20% AGAIN. It increases each year in a never ending cycle. The only way to keep rates down is to raise deductibles. In effect the insurance companies are making you pay for all your doctor visits with high deductibles so they can just collect money and you have zero claims. What a freekin’ racket.

  • barbara

    Usury, not usery.

  • barbara

    Usury, not usery.

  • Elizabeth

    Not to mention the co-pay rate increases due to the recession.

  • Elizabeth

    Not to mention the co-pay rate increases due to the recession.

  • BlueFan

    I work for an insurance broker (don’t kill the messenger!) – our Blue Shield clients are getting a rate increase averaging 20-30% percent in July. For some people, this will increase their monthly premium by almost $100. No one can afford insurance at this point. We try to move them off to the highest deductible plan possible, but yearly increases negate that.It might put my boss out of business, but the health industry MUST change, SOON!

  • BlueFan

    I work for an insurance broker (don’t kill the messenger!) – our Blue Shield clients are getting a rate increase averaging 20-30% percent in July. For some people, this will increase their monthly premium by almost $100. No one can afford insurance at this point. We try to move them off to the highest deductible plan possible, but yearly increases negate that.It might put my boss out of business, but the health industry MUST change, SOON!

  • steve b

    Wow.I live in British Columbia and we are one of three provinces (plans are administered by provinces not the federal government) that charge a premium for our medial services plan, premium assistance is offered for those who qualify, the rest of the provinces and territories are fully subsidized.I also get extra insurance through my employer(a really small business), just in case I get injured boarding or cycling on a weekend at Whistler-Blackcomb, to cover my salary and other perks.You guys will hate hearing this but I pay a total of about $1300CDN a year for both plans.I really don’t understand what is going on with this issue in the US. Its played out poorly by those on the TeeVee.

  • steve b

    Wow.I live in British Columbia and we are one of three provinces (plans are administered by provinces not the federal government) that charge a premium for our medial services plan, premium assistance is offered for those who qualify, the rest of the provinces and territories are fully subsidized.I also get extra insurance through my employer(a really small business), just in case I get injured boarding or cycling on a weekend at Whistler-Blackcomb, to cover my salary and other perks.You guys will hate hearing this but I pay a total of about $1300CDN a year for both plans.I really don’t understand what is going on with this issue in the US. Its played out poorly by those on the TeeVee.

  • http://politicalpartypooper.wordpress.com/ ɹədoodʎʇɹɐdlɐɔıʇılod

    The President can definitely make it so, but Dems and Repubs in the House and Senate require that Health Insurance lobbyist money to get re-elected…which, as you know, is the number one job of any elected official.Don’t hold your breath.

  • http://politicalpartypooper.wordpress.com/ ɹədoodʎʇɹɐdlɐɔıʇılod

    The President can definitely make it so, but Dems and Repubs in the House and Senate require that Health Insurance lobbyist money to get re-elected…which, as you know, is the number one job of any elected official.Don’t hold your breath.