Happy Unemployment Day!

[Wild Cobra]

They're coming for you.

Going back and reading this triggered a random memory. A friend of mine many years back had this 45. The song is only about 2:10, but the flipside is the song in reverse also.

[boutons_deux]

Right. I'm sure higher healthcare costs for employers won't have any effect whatsoever on jobs.

In another thread, I referenced an article where employers were simply passing on this year's entire 14% health insurance increase straight through to employees, along with higher deductible and co-pays (which means the employer is buying a cheaper plan).

The more employees have to pay with AFTER-TAX income for exorbitant insurance rates driven profit seeking and by exorbitant health care costs (twice as expensive per capita any other industrial country where all the populations are covered and health care is a right), the more they will consider a public option as the only way to hold down costs, and not as Repug-lie socialism.

The health care system blatant, gouging rip-off of America is just another way America is ed and un able.

[boutons_deux]

Health insurers seek rate hikes, blame healthcare reform

Health insurers seek rate hikes, blame healthcare reform

If you have an individual health insurance policy, you may be soon seeing yet higher rates -- and if you believe the insurance companies, it's in part because healthcare reform requires additional benefits.

"Aetna Inc., some BlueCross BlueShield plans and other smaller carriers have asked for premium increases of between 1% and 9% to pay for extra benefits required under the law, according to filings with state regulators," Janet Adamy writes in the Wall Street Journal Wednesday.

The proposed rate hikes, according to filings, fall mostly on small business and individual insurance policies. About nine percent of Americans have individual policies.

The bad news is that the one to nine percent is only part of the price hikes insurers are seeking.

"Many carriers also are seeking additional rate increases that they say they need to cover rising medical costs," Adamy pens. "As a result, some consumers could face total premium increases of more than 20%.

===============

The health insurers sought and picked up (subsidized) income from millions of new clients, but that's not enough. They want your blood (and they'll give you ty coverage and tons of paperwork).

[coyotes_geek]

In another thread, I referenced an article where employers were simply passing on this year's entire 14% health insurance increase straight through to employees, along with higher deductible and co-pays (which means the employer is buying a cheaper plan).

The more employees have to pay with AFTER-TAX income for exorbitant insurance rates driven profit seeking and by exorbitant health care costs (twice as expensive per capita any other industrial country where all the populations are covered and health care is a right), the more they will consider a public option as the only way to hold down costs, and not as Repug-lie socialism.

The health care system blatant, gouging rip-off of America is just another way America is ed and un able.

Costs always have and always will get passed along. All Obamacare does is give employers more costs to pass along to their employees, as well as giving large companies an incentive to outsource more jobs and small businesses an incentive to limit the number of employees they have so that they can stay below the exemption limit.

[coyotes_geek]

The health insurers sought and picked up (subsidized) income from millions of new clients, but that's not enough. They want your blood (and they'll give you ty coverage and tons of paperwork).

Thanks Obamacare!