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Published On: Tue, Jun 11th, 2013

Ohio dept Insurance says Obamacare to cause premium hikes of 88%

Thursday, the Ohio Department of Insurance announced that, based on the rates submitted by insurers to date, the average individual-market health insurance premium in 2014 will come in around $420, “representing an increase of 88 percent” relative to 2013.

Critics may cry "They told us so" as the cost increases from Obamacare become more clear Photo/Florida Tenth Amendment Center

Critics may cry “They told us so” as the cost increases from Obamacare become more clear
Photo/Florida Tenth Amendment Center

“We have warned of these increases since a state-specific study in 2011 indicated Ohio would be significantly impacted by the ACA,” Lieutenant Governor Mary Taylor said.  “The Department’s initial analysis of the proposed rates show consumers will have fewer choices and pay much higher premiums for their health insurance starting in 2014.”  

 
The Department released the information to help health insurance consumers continue to prepare for the expected price increases. 
 
Specific premium information varies widely and can be unique to each individual or employer, but it is hoped that the information on proposed costs and rates can help consumers and health insurance consultants determine how their particular situations will be impacted.
 
In 2010, the federal Patient Protection and Affordable Care Act (ACA), which includes sweeping changes to America’s health insurance system, became law. It includes the creation of health care exchanges in which individuals and small business owners in every state can purchase qualified coverage.
 
According to the federal government, initial open enrollment on the exchange is set to begin October 1, 2013. Coverage purchased through the exchange will have an effective date of January 1, 2014. 

Full release here

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About the Author

- Roxanne "Butter" Bracco began with the Dispatch as Pittsburgh Correspondent, but will be providing reports and insights from Washington DC, Maryland and the surrounding region. Contact Roxie aka "Butter" at theglobaldispatch@gmail ATTN: Roxie or Butter Bracco

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  1. Ohio dept Insurance says Obamacare to cause premium hikes of 88% | says:

    […] Click here to view original web page at http://www.theglobaldispatch.com […]

  2. CHRISTOPHER ALLEN HORTON says:

    Obamacare WILL PROVIDE THE EVIDENCE THIS “EXPERIMENT ON RACE” NEEDS TO SHOW IT DID NOT WORK BECAUSE Afrocentric blacks [THE GROUP MOST DEVOTED TO THE KENYAN] WILL KNOW IN THEIR HEARTS (BUT, NOT TO ADMIT, PUBLICALLY) THIS NEW HEALTH-CARE IS WORSE THAN WHAT IS IN EFFECT, NOW.

    IT IS MY UNDERSTANDING NO LAWS EXIST TO FORCE PHYSICIANS TO PARTICIPATE IN GOVERNMENT-SPONSORED PLANS. IN MEMPHIS, IT SEEMS POOR NEGROES WHO RECEIVE THE BEST CARE ARE VICTIMS OF GUN VIOLENCE TREATED AT MEMPHIS’ HIGHLY-RATED TRAUMA CENTER. BUT, IF YOU ARE A POOR NEGRO WHO HAS NOT BEEN SHOT, YOU SIT IN AN OFFICE (TWO HOURS OR MORE) WAITING TO SEE A MIDDLE-EASTERN PHYSICIAN WHOSE “ENGLISH” IS BARELY RECOGNIZABLE AND UNDERSTOOD. OUT OF FEAR OF BEING LEGALLY-CHARGED WITH “OVER-PRESCRIBING” PHARMACEUTICALS, THESE MIDDLE-EASTERN PHYSICIANS PRESCRIBE LOW DOSAGES TO POOR NEGROES – WHICH ONLY LEADS TO THE SLOWING-DOWN OF THE DEATH PROCESS.

    AS MORE PHYSICIANS RUN FROM Obamacare, THIS PLIGHT OF POOR NEGROES WILL GET WORSE – STATISTICS, LIKE THE NUMBER OF NEGROES WHO HAVE DIED FROM CANCER IN THE FORTIES’ AGE-RANGE, WILL INCREASE.

    IN OUR CONTEMPORARY SOCIETY, GOING TO MEDICAL SCHOOL AND “WANTING TO HELP COMMUNITY,” AS A PHYSICIAN, HAS BECOME AN AFFIRMATIVE-ACTION LOAD OF CRAP. BUT, FOR THOSE WHO HAVE TRULY LIVED THE TYPE OF LIFE REQUIRED FOR PROSPECTIVE MEDICAL SCHOOL, INTERNSHIP, ETC., THERE IS NOTHING WRONG IN WANTING TO REACH THE ZENITH OF CAPABILITY IN CRAFT AND MONEY – Obamacare HINDERS THIS GOAL.

    CHRISTOPHER ALLEN HORTON

  3. Obamacare Behind Health Insurance Rate Hike, Say Ohio Regulators – Reason | One Point Insurance - Daily Insurance News Magazine says:

    […] Center for Public Policy ResearchObamacare costs soaring in recent rate checksKansas WatchdogThe Global Dispatch -Washington Timesall 14 news […]

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