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Author Topic: Individual health insurance rates set to drop by up to 60% as a result of Maine  (Read 1604 times)

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Offline thundley4

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Individual health insurance rates set to drop by up to 60% as a result of Maine
« on: May 16, 2012, 08:41:51 PM »
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There is encouraging news for Mainers coming out of the health care industry. Rates for individual health care plans in Maine are set to drop as much as 60% this July as a result of health reform law PL 90, also known as LD 1333, adopted in March 2011.

PL 90, the free market based health reform law, was passed last March by a Republican majority in Maine’s legislature. Governor Paul LePage signed the bill in a ceremony at the statehouse amid cries from Democrats that it wasn’t right for Maine.

“The law takes Maine in the wrong direction,” said Emily Cain, the house Democrat leader, at the time the bill was passed. But, if you’re a Mainer looking for individual health coverage, you’re probably going to be encouraged by the direction private health care costs are going – down.

“Since the law took effect this past October, we have primarily seen the laws impact to Maine’s small group insurance market with the vast majority seeing lower premiums,” said Joel Allumbaugh, President of the Maine Association of Health Underwriters and Health Care expert at the Maine Heritage Policy Center. “Now we are seeing huge progress in the individual insurance market as well, with rate decreases up to 60%, it’s a huge step forward for Maine.”

The rate filing, submitted this week by Anthem, the primary insurer offering individual plans in Maine, is not yet official. The rates would take effect in July, but first must be approved the state Insurance Superintendent. If the rates do take affect, it will be a relief for those paying for private individual insurance, or those who want to purchase a plan.
http://www.themainewire.com/2012/05/individual-health-insurance-rates-set-drop-60-result-maine-health-care-reform/

Has anyone else heard about this?  It sounds like a convincing argument against ObamaCare and favoring a free market with less restrictions.
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Offline Duke Nukum

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Re: Individual health insurance rates set to drop by up to 60% as a result of Maine
« Reply #1 on: May 16, 2012, 08:44:25 PM »
Stephen King must be beside himself.
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Offline obumazombie

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Re: Individual health insurance rates set to drop by up to 60% as a result of Maine
« Reply #2 on: May 16, 2012, 09:03:13 PM »
Quote from: Duke Nukum on May 16, 2012, 08:44:25 PM
Stephen King must be beside himself.
Great name for a Stephen King novel !
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Offline JohnnyReb

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Re: Individual health insurance rates set to drop by up to 60% as a result of Maine
« Reply #3 on: May 17, 2012, 08:08:24 AM »
...but Obamacare is a better deal. Prices went down 3,000%.

In a way they did. I talked to a fellow in his mid 50's just the other day. His health insurance had risen to $1,300.00 a month....he had to drop health insurance.

Yesterday  I talked to a self employed fellow in his mid 40's with a wife and 3 boys...
His family insurance had gone to over $2,000.00 a month....had to drop it.

Obama and the democrats are achieving their communist goals.
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Offline docstew

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Re: Individual health insurance rates set to drop by up to 60% as a result of Maine
« Reply #4 on: May 17, 2012, 08:43:53 AM »
Quote from: JohnnyReb on May 17, 2012, 08:08:24 AM
...but Obamacare is a better deal. Prices went down 3,000%.

In a way they did. I talked to a fellow in his mid 50's just the other day. His health insurance had risen to $1,300.00 a month....he had to drop health insurance.

Yesterday  I talked to a self employed fellow in his mid 40's with a wife and 3 boys...
His family insurance had gone to over $2,000.00 a month....had to drop it.

Obama and the democrats are achieving their communist goals.

So, using gov't accounting, obamacare saved them ~$15K and ~$25K respectively. Quite a savings for healthcare, wouldn't you agree? (/DU mode)
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Offline Gina

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Re: Individual health insurance rates set to drop by up to 60% as a result of Maine
« Reply #5 on: May 17, 2012, 08:48:39 AM »
WOW!    :o  That is awesome!
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Offline Wineslob

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Re: Individual health insurance rates set to drop by up to 60% as a result of Maine
« Reply #6 on: May 17, 2012, 09:40:19 AM »
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“The law takes Maine in the wrong direction,” said Emily Cain, the house Democrat leader, at the time the bill was passed. But, if you’re a Mainer looking for individual health coverage, you’re probably going to be encouraged by the direction private health care costs are going – down.


Don't forget to breathe, DUmbass.
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Offline Gina

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Re: Individual health insurance rates set to drop by up to 60% as a result of Maine
« Reply #7 on: May 17, 2012, 09:41:16 AM »
Quote from: Wineslob on May 17, 2012, 09:40:19 AM

Don't forget to breathe, DUmbass.

I know, right?  :lmao:
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Offline JohnnyReb

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Re: Individual health insurance rates set to drop by up to 60% as a result of Maine
« Reply #8 on: May 17, 2012, 10:16:02 AM »
Quote from: Wineslob on May 17, 2012, 09:40:19 AM

Don't forget to breathe, DUmbass.

Iron lungs still have a use.
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“The American people will never knowingly adopt socialism. But, under the name of ‘liberalism’, they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened.” - Norman Thomas, U.S. Socialist Party presidential candidate 1940, 1944 and 1948

"America is like a healthy body and its resistance is threefold: its patriotism, its morality, and its spiritual life. If we can undermine these three areas, America will collapse from within."  Stalin

Offline obumazombie

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Re: Individual health insurance rates set to drop by up to 60% as a result of Maine
« Reply #9 on: May 17, 2012, 06:45:38 PM »
Quote from: JohnnyReb on May 17, 2012, 10:16:02 AM
Iron lungs still have a use.
How many libs can you fit in one ?
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Offline SSG Snuggle Bunny

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Re: Individual health insurance rates set to drop by up to 60% as a result of Maine
« Reply #10 on: May 18, 2012, 08:27:11 AM »
Quote from: Duke Nukum on May 16, 2012, 08:44:25 PM
Stephen King must be beside himself.

If you sawed him in half length-wise he would be.
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Offline DumbAss Tanker

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Re: Individual health insurance rates set to drop by up to 60% as a result of Maine
« Reply #11 on: May 18, 2012, 09:24:41 AM »
Quote from: obumazombie on May 17, 2012, 06:45:38 PM
How many libs can you fit in one ?

Only about six, because you have to leave enough room for the necessary weights to make sure it sinks.
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Offline SSG Snuggle Bunny

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Re: Individual health insurance rates set to drop by up to 60% as a result of Maine
« Reply #12 on: May 18, 2012, 10:09:37 AM »
Quote from: Wineslob on May 17, 2012, 09:40:19 AM

Don't forget to breathe, DUmbass.

The last sentence that you bolded wasn't Emily Cain, it was the article writer disputing Cain.

sorry
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