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amdx[_3_]

On 9/16/2013 10:25 AM, wrote:
On Mon, 16 Sep 2013 07:54:57 -0500, Boating All Out
wrote:

The Thai ad must have been made before 2001.
Since 2001 Thailand has had universal health care covering virtually
everybody. So that big bill for the patient is impossible.
Maybe it was made to depict America pre-ACA.

Why does anyone think ACA is going to eliminate big medical bills?

To start with the insurance itself may cost up to $12,000 a year and
there are still co-pays and things that are not covered.

I'm already seeing premium increases, 19.4% last year, 21% this year.
the previous three years were about 7.8%.
I complained, I received this response.
Increases in premiums imposed for our individual policies can occur for
two reasons:

1) The total experience for all policyholder’s is such that
the claims costs being incurred under the policy exceeds, or threatens
to exceed, current premiums;

2) Because of certain changes in the individual
policyholder’s circumstances.

This structure provides Florida Blue important flexibility in today’s
rapidly changing health care environment and better enables us to
achieve our strategic objective of transforming to a health solutions
company. As a not-for-profit MIHC, owned by Florida Blue’s
policyholders, its mission will be consistent with Florida Blue’s
mission of helping people and communities achieve better health by
increasing access to health care, bolstering affordability, and ensuring
the delivery of quality care throughout Florida’s communities.

The prices may look cheap, but this plan has a $10,000 deductible.

The Office of Insurance Regulation (OIR) approved a premium increase in
2012 of 10.7 percent with a rate cap of 19 percent and the filing number
for this is FLR 12-02231.

The following is the breakdown of the 2012 premium increase effective
June 1, 2012
· $438.00 per month ($876.00 every two months) from June 1, 2011
through May 31, 2012

· +6.4 percent due to aging

· +8.9 percent due to area factor adjustment (hospital and
provider contracting changes, etc.)

· +13.8 percent annual rate increase for the product

· -9.2 percent rate restructure transition

· +19.4 percent total rate increase for the above items brought
the premium to $523.00 per month ($1,046.00 every two months).

Additionally, the Office of Insurance Regulation (OIR) approved a
premium increase in 2013 of 14.7 percent with a rate cap of 19 percent
and the filing number for this is FLR 13-04109.

The following is the breakdown of the 2013 premium increase effective
August 1, 2013:

· $523.00 per month ($1,046.00 every two months) from June 1,
2012 through July 31, 2013

· +5.3 percent due to aging

· +14.6 percent annual rate increase for the product

+21.0 percent total rate increase for the above items will bring
the premium to $633.00 per month ($1,266.00 every two months). This is
within the maximum capped amount allowed: a 19 percent cap and an
increase of 5.3 percent due to aging means that this contract’s rate is
not allowed to increase by more than 25.3 percent.

Now that's a Tear Jerker!