Health Insurance

Turtle

Administrator
Staff member
Retired Expediter
Before Obamacare insurance companies were capped on how much and how fast they could raise premiums. Obamacare removed that cap.
 

beachbum

Veteran Expediter
Owner/Operator
Now lets see what the republicans do to fix this. You should know my answer, from experience they will do nothing because they have hoodwinked the public with they have a better plan but never put in writing for all to see.
 

xiggi

Veteran Expediter
Owner/Operator
They aren't doing anything that is a big reason trump is the nominee. They promised to use the power of the purse strings to control it and did not. No reason to wait and see.
 
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beachbum

Veteran Expediter
Owner/Operator
Okay, let's say, Obama care is repealed and this country goes back to how it was years ago. Does anyone think premiums will go down because insurance companies don't have to insure for everything under the sun. Nope they'll go up every year, because states will allow the increases just as they do now.
 

beachbum

Veteran Expediter
Owner/Operator
Before Obamacare insurance companies were capped on how much and how fast they could raise premiums. Obamacare removed that cap.
Most states have to approve any increase, therefore, insurance companies cannot just raise rates without the states permission.
 
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