Friday, October 15, 2010

Health Care Bill HR3590 - #2278 - Obamacare Bending the Cost Curve Upward 47% in Connecticut - Hot Air

The state of Connecticut just approved a request by its largest private insurer for premium hikes of up to 47%. Wasn’t ObamaCare supposed to put an end to these kinds of price increases, with Barack Obama’s promise to “bend the cost curve downward”? Actually, as the Hartford Courant reports, the increases come as a direct result of the mandates included in ObamaCare: The state’s largest insurer has been approved to raise health premium rates by 41 percent to 47 percent for some of its policies sold to individual buyers, in the largest price hikes yet seen in Connecticut since the adoption of national health care reform. For all of its individual market plans, Anthem Blue Cross and Blue Shield has received approval to raise rates by at least 19 percent — including a range of 30 percent to 44 percent for the brand of plans in the individual market that was most popular in 2009, Century Preferred.  Read more........

HHS Launches $3 Million Ad Campaign "Advising" Seniors on Obamacare - Hot Air - What a coincidence! The Department of Health and Human Services have an ad campaign that, oddly enough, falls right in the middle of the midterm elections that “advises” seniors on the wonders of ObamaCare. Politico’s Sarah Kliff explains: The Obama administration has spent approximately $3 million on TV ads discussing the benefits of health care reform this month – three times what was spent by pro-reform candidates and groups but almost nothing compared to the $21 million spent on anti-reform ads. The Department of Health and Human Services insists that the ads are not political and that the spending is in line with what the agency has done in the past to advise seniors about the open enrollment period for Medicare Advantage and prescription drug coverage plans, which begins Nov. 15. But the ads discuss benefits specific to the Democrats’ health care reform law, such as the closing of the prescription drug “doughnut hole,” the 50 percent discount on drugs purchased in the coverage gap and the new coverage for an annual wellness visit, Center for Medicare & Medicaid Services spokesman Tony Salters said. Read more.......

No comments:

Post a Comment