Covered California announces lower than expected premiums

[fengosa]

Pretty good read on how the ACA works when a state implements it properly. An average monthly rate of $321 would be less than half of what healthcare cost the average American in 2012.

http://www.forbes.com/sites/rickunga...premium-rates/

[Masark]

Cue the "government can't do anything right" crowd.

Or just be ignored by them because this conflicts with their ideology.

[Daelak]

Pretty good read on how the ACA works when a state implements it properly. An average monthly rate of $321 would be less than half of what healthcare cost the average American in 2012.

http://www.forbes.com/sites/rickunga...premium-rates/

Wow, California is a large state, might be a bellweather.

[Talokami]

Pretty good read on how the ACA works when a state implements it properly. An average monthly rate of $321 would be less than half of what healthcare cost the average American in 2012.

http://www.forbes.com/sites/rickunga...premium-rates/

I really hope this stays as is. My partner would finally be able to get insurance for the first time in years.

[Rukentuts]

Thanks Obama!

Wait a minute...

[Puremallace]

Thanks Obama!

Wait a minute...

Few things here:
1. These are indivisual plans. Not group coverage.
2. 300 a month is better then the 1,000 a month the hospital will ask you to pay after a hospital stay or cancer treatment
3. 300 a month is for people with pre existing conditions also
4. Go look at what you pay for Cobra if you ever quit you job to keep your coverage..upwards of 700 a month

[Talokami]

4. Go look at what you pay for Cobra if you ever quit you job to keep your coverage..upwards of 700 a month

Actually this reminds me: is there any word on if there will be COBRA reform? It would be nice if it was actually affordable for those who've just lost their jobs.

[Elegiac]

Thanks Obama!

Wait a minute...

[Tinykong]

Using their calculator, I plugged in my info for my wife and I, and the estimate is $403 per month for a silver plan. Seems reasonable.

Oh, there's a $2,000 annual medical deductible? Oops.

We have to spend $6,836 a year to receive $1 of covered medical care. Looks like a win for the insurance industry.

[Deleted]

Damn Californian socialists! How dare they implement affordable healthcare!

[dantian]

Cue the "government can't do anything right" crowd.

No, they won't show up. When the evidence comes, the conservatives run. It's like their kryptonite.

[Payday]

I like reading Rick Ungar articles on Forbes because of the called out comment style format. He has shown some pretty impressive troll wrangling skills in the past, usually doesn't disappoint.

[Citizen T]

Using their calculator, I plugged in my info for my wife and I, and the estimate is $403 per month for a silver plan. Seems reasonable.

Oh, there's a $2,000 annual medical deductible? Oops.

We have to spend $6,836 a year to receive $1 of covered medical care. Looks like a win for the insurance industry.

You forgot to include the increased taxes you have to pay to support the whole system. No one has mentioned the amount of money the government is paying for each of these "affordable" plans.

[Tinykong]

You forgot to include the increased taxes you have to pay to support the whole system. No one has mentioned the amount of money the government is paying for each of these "affordable" plans.

I don't see how $403 a month is "affordable," but then again, I don't live in California. That's half of what I pay for my home, and more than I pay for my car. If I only go to the doctor for emergency services, the insurance provides me with no benefit. I'm stuck paying a $2,000 deductible on top of the premium.

Considering that most people don't have that kind of money in savings, how is this insurance helping "poor" people. Looks like the situation for poor people will be exactly the same as it is now, don't go to the doctor because you can't afford it. Hell, at $6800 a year, it's cheaper to just pay the fine if you can't visit the doctor.

[Laize]

Oh look, a Democratic policy works and people are cheering it on.

Republican policy works and people ignore it or try to poke little holes in it.

[Tinykong]

Oh look, a Democratic policy works and people are cheering it on.

Republican policy works and people ignore it or try to poke little holes in it.

People criticize Obamacare: "Oh, really? You know it's a REPUBLICAN bill!"
People praise Obamacare: "Isn't it awesome when Democrat legislation works?"

[Deleted]

Oh look, a Democratic policy works and people are cheering it on.

Republican policy works and people ignore it or try to poke little holes in it.

I don't see a lot of 'republicans' cheering for this policy. And if this thread makes it to 5 pages, you can be 100% sure there will have been 'pokers', your post is filled with irony

People criticize Obamacare: "Oh, really? You know it's a REPUBLICAN bill!"
People praise Obamacare: "Isn't it awesome when Democrat legislation works?"

Who instituted the legislation?

[Maios]

I remain skeptical until I can compare rates to my group plan at work in my state.

[Payday]

Oh look, a Democratic policy works and people are cheering it on.

Republican policy works and people ignore it or try to poke little holes in it.

People criticize Obamacare: "Oh, really? You know it's a REPUBLICAN bill!"
People praise Obamacare: "Isn't it awesome when Democrat legislation works?"

I don't follow..are you talking about the people that criticized the republican presidential candidate that criticized it? You know, the guy that implemented the same thing in his own state? I think the folks you are referring to may have just been criticizing hypocrisy.

[Laize]

I don't follow..are you talking about the people that criticized the republican presidential candidate that criticized it? You know, the guy that implemented the same thing in his own state? I think the folks you are referring to may have just been criticizing hypocrisy.

No I'm referring to the fact that Democrats are always "Republican policy NEVER works" and then ignore the entire state of New Jersey until something actually goes wrong.