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Anthem Blue Cross seeks to
raise individual policyholders´ rates

Los Angeles Times, by Chad Terhune

Original Article

Posted By:JoniTx, 11/28/2012 7:16:48 PM

California´s largest for-profit health insurer, Anthem Blue Cross, is seeking to raise rates an average of 18% for more than 630,000 individual policyholders, drawing scrutiny from regulators and the ire of consumers already struggling with soaring premiums. Some Anthem customers may see rates rise as much as 25% in February under the company´s proposal at a time when medical inflation is running at historic lows nationwide. The increases are among several others proposed by California insurers, including Aetna Inc. and Health Net Inc. California insurance regulators will take the next month to review whether these rate increases are warranted,

      


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Reply 1 - Posted by: excalgalcg, 11/28/2012 7:23:08 PM     (No. 9038385)

I am so glad I left CA seven years ago. I couldn´t afford it then and though I have family there, I couldn´t afford to live there anymore even if I wanted to. It´s a disaster but the people there just go with the flow and don´t seem to care they are going over the cliff!!!

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Reply 2 - Posted by: pedro4, 11/28/2012 7:27:31 PM     (No. 9038390)

Hahahahahahha..don´t worry senors e senoritas...obamacare is coming!

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Reply 3 - Posted by: schnapps, 11/28/2012 7:27:46 PM     (No. 9038391)

I got my notice yesterday, along with a letter giving me the option to be "grandfathered." In other words, keep the existing plan, but just pay any increases that ABC sees fit to impose.


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Reply 4 - Posted by: Coy860, 11/28/2012 7:28:08 PM     (No. 9038392)

A blue state getting the shaft..Obama is an equal opportunity destroyer. Too bad not enough of us got it before the election.

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Reply 5 - Posted by: NYBruin, 11/28/2012 7:52:33 PM     (No. 9038419)

Didn´t see that coming! /s

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Reply 6 - Posted by: stablemoney, 11/28/2012 7:55:25 PM     (No. 9038421)

The country has nothing to look forward to other than increased insurance rates, higher taxes, lower living standards, part time work or no work. Only Obama, the unions, and politicians will do well.

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Reply 7 - Posted by: planetgeo, 11/28/2012 8:09:04 PM     (No. 9038437)

Actually, I believe this is precisely what was intended. They impose conditions that send private insurance rates skyrocketing, and this leads the private insurers to fold and people to beg for single-payer government provided healthcare.

It´s their plan...and it´s working.

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Reply 8 - Posted by: killerbee, 11/28/2012 8:33:52 PM     (No. 9038456)

That´s me! I knew this was going to happen. We haven´t gotten our notice yet, but it will come. Especially since we get our insurance through a union. I´m sure they´re looking out for us ... not.

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Reply 9 - Posted by: Sanspeur, 11/28/2012 8:36:22 PM     (No. 9038457)

How is that hoping other folks will buy YOU stuff?? Gotcha ..

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Reply 10 - Posted by: TheMotherCO, 11/28/2012 8:44:21 PM     (No. 9038467)

I am with Kaiser and will be raised but IBM is picking up part of the premium. They already have informed me that that will not be affected. I do not know about current policy.

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Reply 11 - Posted by: Ribicon, 11/28/2012 8:51:01 PM     (No. 9038475)

#7 is on the money, but the big insurance execs backed it anyway. The end game is that they would prefer to handle the paperwork and manage the networks, while shifting the financial risk to the taxpayers. They win, we lose.

Meanwhile, in my red state, my recent "good news" letter states that while my self-pay premiums will remain the same (ie, barely affordable) for 2013, the deductibles have been hiked dramatically. But like Boehner and Roberts say, it´s the Law of the Land, and so I embrace it fully, like any Great American would.

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Reply 12 - Posted by: Sherlock, 11/28/2012 11:03:59 PM     (No. 9038640)

I got my letter from ABC back in Oct, telling me that the plan I had would no longer be available in 2013, I just got around to calling them yesterday and was put through the wringer, even tho I ask for a plan that was similar to the old one. The person that was finally setting me up with the policy ask a lot of questions and read statements that I had to say "I understand and I agree" een tho, I accepted their policy ,I will be looking for replacment I don`t care for some of the things that I agreed too, also my deductible went up $20.00 higher with LESS coverage.

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Reply 13 - Posted by: Trigger2, 11/29/2012 5:38:38 AM     (No. 9038823)

If you think 18% & 25% are high now, wait until the death bill really kicks in. All us taxpayers will find out that the goobermint grossly underestimated their windfall of taxes coming in or the money will have been spent in some shiney, new wasteful program, so ergo, premiums will have to be raised another 30% for those who actually have a job left. Long sentence.

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