NC OKs higher rates to keep Blue Cross policies
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EMERY P. DALESIO
AP Business Writer

RALEIGH, NC (AP) -- North Carolina's insurance commissioner is clearing the state's largest health insurer to raise premiums by between 16 percent and 24 percent on policies that would have been canceled for failing to meet minimum requirements required by the new federal law.

Insurance Commissioner Wayne Goodwin said Tuesday his office approved the rate increases requested by Blue Cross and Blue Shield of North Carolina. The decision means people who had one of the nearly 152,000 cancelled policies can keep them next year at the higher cost.

An agency spokeswoman says Blue Cross is the only one of 21 insurers who have cancelled policies to move to extend plans.

A spokeswoman for the next two largest health insurers - Aetna and its subsidiary Coventry Health - declined to comment Tuesday.

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My son has been trying to sign up for weeks for insurance. He spent the last two days trying to get on the web site. He never could, this is after the President is out there telling everyone how much better it is...Not so. He finally gave up and called an insurance company and they quoted him $235 a month with a $6000 deductable before they would even pay a dime on a doctor's visit. He makes $8.50 an hour. There is no way he can pay these premiums. I keep hearing people say all the Republicans want to do is repeal Obamacare, well....I hope they do!! Why would anyone support this crap and think this is okay!!

We are no better off.

It Sucked before Obama Care and It Sucks now.

The insurance companies win before and after.

This is all a diversion.

Do you think a $95 penalty is going to force people to buy health insurance that is....

Overpriced

Useless

Costs as much as a monthly mortgage payment which is flushed down the
toilet if I stay healthy and still has....

High Deductibles

High Co-pays

Numerous Limitations and Exclusions (maybe Obama Care helped here)

ALSO...

Anyone who reads knows...

The hyper complexity of our Healthcare Billing adds to increased costs

In addition to The Jacked up Healthcare costs by Healthcare Providers.

Anybody that seriously thinks we were better off before Obamacare

or now WITH Obamacare IS......

Seriously Deluded and Brainwashed

We seriously need REAL healthcare reform and Obamacare does not even come close.

Anyone that believes the Administration did not know exactly what was going to happen when this travesty of a law was shoved down our throats by the democrats is a fool.
And in being a Fool you are exactly the kind of Tool that this government is going to use to circumvent the constitution and turn this republic into the socialist party run country that we are quickly becoming. He has already has the banks and anyone from any industry scared to death of him they do exactly what he tells them or they will be called to the hill and chastised by Obama the all mighty.

Stalin had a name for persons that buy into this type of campaign of lies and misdirection he called them useful idiots.

So now the useful idiots attack and name call anyone who voices dissent against the party the are called racists and tea baggers and all types of foul things for the simple act of voicing their opinion we are ridiculed and reviled by our own neighbors. what is wrong with you people? Is there so much hate in your heart for anyone that does not agree with the party line that you must attack them?

How can a president change a law that was passed by congress by giving a speech? The changing of a law from the podium was not and is not legal in this country. I will tell where it is legal, that is Venezuela so I guess we need to start calling Obama Hugo and just let it go on the way it is so anytime he wants to dictate policy or law all he has to do is read a teleprompter we do not have a president we have a dictator.
And all you fools that voted for him and support him need to remember that when he is out of office in three years this isn't going to last forever so you may want to back peddle on the commentary a little bit.
The next thing they will want to debate is doing away with presidential term limits, if they do you will then know exactly what is going on, the theft of a nation, and maybe the useful idiots will wake up from their Obama induced comas and actually see the destruction that has happened before our very eyes.
They are trying to steal a republic and turn it into what they believe is a just society that places government control on every aspect of your life, this never works because once you cede power to the government you never get it back because absolute power corrupts absolutely

That big insurance money = McCrory campaign support.

No Medicare expansion, no exchanges, all thanks to the NC GOP and Gov. McCrory. The rich get richer and the poor get poorer and the middle class disappears---Koch Bros and Art Pope.

Keep blaming Obama when it is the GOP and the insurance industry that are sticking it to you!

The point is missed! Obama/Blue Cross/Blue Shield is just getting these policy owners acclimated now to the huge rate increase they will see in January 2015 in addition to large deductibles when they have to give up, again, their existing policies!

I work for a large company in the area that employees a lot of people and I see the hand writing on the wall. There are already talks about the direction in which they "the company" are leaning. I smelled a rat the whole time he spoke of OBAMA CARE and now it's coming home to roost. The "I CAN KEEP MY PLAN" if I like it is gone. I currently pay about $200 a month on my current plan, I went on healthcare.gov and for the middle of the road plan- Bronze plan- it's going to cost roughly $15,000.00 a year== $1250.00 a month. I think the people that voted for him should be the ones affected by this not the ones that could see though his BS!

Corporations control politicians, media and the government. The Government is merely doing what they are told to do.

It's exactly the opposite SnatchHammer. This gov is trying to shove us into socialism. If you knew anything about world history, you could see this coming a mile away. This is NoBama's Agenda.

The opposite???? I think you got me.......can you please educate us all. I'm small minded.....History tells us socialism doesn't have the greatest track record. Help me see the big picture......and please include as many conservative(or liberal) talking points as possible. I like puppets =)

This situation has nothing to do with Obamacare. It has everything to do with the insurance industry siezing an opportunity to rip off policy holders. WHY should it cost 16% to 24% more to issue the SAME POLICY WITH THE SAME COVERAGE TO THE SAME PEOPLE? I don't think it should, but BCBSNC and others see an opportunity to capitalize on the confusion and the desperation of many who have to have insurance and who are already undergoing treatments, so they are between a rock and a hard place. It is nothing but legalized extortion with the blessing of our so-called Insurance Commissioner.

You are missing the whole redistribution of wealth issue. The reason it will cost 16-24% to cover the same people is because they are no longer paying for just themselves. All the freebies have to be paid for by those who are paying! Obamacare is the law of the land. It dictates who and what these insurance policies will and will not cover. If a policy that someone has does not meet the standard the government says it has to meet, the policy will be cancelled. If the insurance companies don't cancel these policies, they will be breaking the law. Democrats have just committed the biggest fraud on the American people in the history of this country. Sadly, by the time people figure out they've been scammed, the damage will already be done. I do believe this was the intent all along to force people into a single payer system. If President Obama had been honest and told the American people their premiums would go up, do you think he would have been re-elected? The Democrats lied to us. Republicans have been mocked and and blamed for everything. It was they who have have been warning this would happen, but no one wanted to hear it.

Who could have seen the fact that when government messes with free enterprise that the end result is the exact same product ends up costing more? Who would have thunk it? How shocking and surprising. And before any clueless people start bashing me, that was sarcasm.

Thank you obummer, you are great.

If you read the news, you would know that the the largest health insurance companies in America, had secrete meetings with their shareholders/investors, and informed them that premiums would need to be raised to keep profits up. The rise in premiums, according to UnitedHealth Group, the nations largest, was due to the escalating cost of medicine, healthcare equipment, and doctors fees and not due to the ACA. This comes on top of record profits experienced by the Healthcare insurance Companies. As a side note capitalism is the single most cost increasing reason. You need only to see the CEO salary list for insurance CEO's. But believe in what you will.

The republicans that control the insurance industry just couldn't wait for a little profit taking and our insurance commissioner couldn't wait to help them out.

You and Obummer are communists.

I doubt someone with as limited intelligence as you can tell the difference between Communists, Fascists, Socialists, Tea- Baggers or John Birchers, and Republican'ts. If you can, tell me one thing they all have in common.

Wayne Goodwin is a democrat. He has final say so and he gave the green light. Nice try but you fail.

what party he belongs to. When people are wrong, they are wrong, regardless of party. The whole thing stinks to high heaven.

The insurance industry will continue do very well due to all the subsidies provided by the government out of our tax money. Why do you think AARP pushed so hard in support of Obamacare?

What planet did you just come down from? It is true that the insurance companies are probably doing back-flips now, but it's not because of the republicans. Take another look at your dear, sweet talking Prez and his cronies for the reason why.

Yeah.. since it was the Republicans that passed Obama care

well the promise to fundamentally change this country is certainly coming true, the big problem here is the mass have been hoodwinked by the "DEMORATS", both at the Washington level and the state, Goodwin is a Demorat too. We have got to flush them all out of NC politics or we are going to have to change states.

really had no choice to approve the rates requested by BCBSNC. After all, they were a big supporter of Obamacare. And now that the "fit has hit the shan"...BCBSNC is back-peddling fast in order to keep their customers.

What is he thinking ? The affordable has turned into anything but !!!