The opinions expressed by columnists are their own and do not represent our advertisers

Friday, June 29, 2012

Insurance Industry Warns of Higher Rates, as ObamaCare Supporters See Long-Term Fix

President Obama says the health care law makes coverage more affordable, but the insurance industry reacted to the Supreme Court decision by saying that the ruling will actually end up raising rates even more than they have climbed since the law was enacted.

America’s Health Insurance Plans, the industry’s lobby group, issued a statement supporting expanding health care coverage to millions of Americans, but it said, “major provisions, such as the premium tax, will have unintended consequences of raising costs and disrupting coverage unless they are addressed.”

The group's CEO, Karen Ignagni, told Fox News that because of the increased costs, “It's time for people to roll up their sleeves and look very carefully at those provisions.”



Anonymous said...

Win/Win for BigInsure

Anonymous said...

You know what Mr. and Mrs Insurance Companys you have already raised your rates, you wont pay for certin things including pre-existing clauses, you wont authorized NOTHING so now you gonna threaten THE PEOPLE OF THE USA WHO PAY YOUR SALARIES! I SURELY THINK ITS TIME FOR THE PEOPLE OF THE USA TO LOBBY AGAINST YOU AND LET YOU SEE HOW IT FEELS WHILE TAKING OUT $529 EVERY TWO WEEKS OF A PERSONS SALARY AND TRYING TO FEED THE CHILDREN! HMMMM WHO SIDE ARE YOU ON! I THINK ITS TIME FOR US TO REACT TO YOUR MESS Mr. and Mrs Insurance Company!

Anonymous said...

I'm still reeling from the Obama statement "healthcare that holds no out of pocket expenses".....really? For who? I guarantee it's coming out of mine. Another win for a government that makes it more profitable to not work and wraps its arms lovingly around those suckling on the welfare tit.

Anonymous said...

If we capped insurance rates then this wouldn't be a big deal.