Thanks Obamacare! Health Care Premiums Getting Higher And Higher

As the Affordable Care Act sets in, otherwise known as Obamacare, the higher and higher health care premiums are getting.

New filings by the Louisiana Department of Insurance this week shows that some health care providers will see their premiums increase by double-digits in 2015. Here is a summarized list of those increases:

  • Blue Cross Blue Shield Of Louisiana Will Increase Premiums Between 18.3 Percent And 19.7 Percent For 52,638 Louisianans. “Blue Cross Blue Shield of Louisiana, the state’s largest provider, filed papers that it is moving forward with its original plan to increases rates between 18.3 percent and 19.7 percent for policyholders in its Blue Saver, Blue Max and its Multi-State individual health plans. The plans cover 52,638 people.” (Bruce Alpert, “Some Louisiana Insurers Moving Ahead With Higher Premiums Under Affordable Care Act,” The Times-Picayune, 10/8/14)
  • “Vantage Health Plan Inc. Said It Was Moving Forward With Its Plan For A 15.89 Percent Increase.” (Bruce Alpert, “Some Louisiana Insurers Moving Ahead With Higher Premiums Under Affordable Care Act,” The Times-Picayune, 10/8/14)
  • Humana Health Benefits Plan Rates Under ObamaCare Will “Increase By 9.9 Percent.” “Humana Health Benefits Plan rates under the Affordable Care Act will increase by 9.9 percent, less than the company’s original projected increase of 15.5 percent.” (Bruce Alpert, “Some Louisiana Insurers Moving Ahead With Higher Premiums Under Affordable Care Act,” The Times-Picayune, 10/8/14)

Sen. Mary Landrieu (D-LA), who is facing a tough re-election, previously said Obamacare would lowers costs, especially for small businesses. Watch Landrieu, on two occasions in the Senate, claim otherwise:

 

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