Impeding changes to our Health Care system

Originally Posted by TheMercenary

Not that I didn't say this was going to happen or anything...

Prices jump for individual insurance premiums
77 percent of those who buy their own coverage have had cost increases

http://www.msnbc.msn.com/id/37829862...h-health_care/

A survey (poll) of 1,000 people? You dont accept polls of 1,000 people as valid, if I recall.

From your article:

Policy analysts say some aspects of the new law could slow premium growth, while others might increase it.

The law does not grant federal authority to reject premium increases. It does, however, call for insurers to justify any deemed “unreasonable.” Regulations that would define unreasonable are being developed. Federal regulators, working with the states, can also recommend barring insurers with a history of unreasonable increases from the new marketplaces for insurance sales, called exchanges, which are set to open in 2014.

Premiums could be affected by other provisions in the law, such as one barring insurers from charging higher premiums based on a person’s health, a rule that begins in 2014. That could mean lower premiums for those with health problems, but higher rates for those who are younger or healthier.

Insurers must also spend at least 80 percent of their premium revenue on direct medical care for individual policyholders — or pay rebates, starting next year. Rules about what counts as medical care are still being developed. The requirement could shed more light on what insurers pay out — and how much they keep for administrative costs and profits.

Until we have regulations...until the Exchange is created....until we know the level of subsidy for millions (up to 4x poverty level).....

We wont know how many of those currently not in a large group program will have lower costs (millions with the subsidies) or how many might face higher costs.