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Wednesday, May 20, 2015

BlueCross requests 36% premium hike for '16 plans

https://www.nashvillepost.com/news/2015/5/14/bluecross_requests_36_premium_hike_for_16_plans

BlueCross BlueShield of Tennessee has filed to increase its health insurance premiums for 2016 individual plans by 36 percent, on top of a 19 percent increase approved last year.
Peers Humana and Cigna are also requesting increases for their individual plans — 15.8 percent and 0.4 percent, respectively. Last year, Humana was approved for a 14 percent increase while Cigna bumped its premiums by 7.5 percent. The percent increases from the three insurers are averages, as actual premium prices can vary based on age, region, tobacco usage and other factors.

Now, there are some that would argue that this is to be expected, and can't be totally the fault of The ObamaTax.

These folks would be wrong, it is 100% attributable to the train-wreck


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