Rhode Islanders Will Pay More For Their Health Care Under ObamaCare

Rhode Islanders Will Pay More For Health Insurance Under ObamaCare Beginning In 2014. “Most Rhode Islanders, although not everyone, are likely to pay more for health insurance in 2014, but how much more will vary from one person to another.” (Felice J. Freyer, “Rhode Island Health Commissioner Koller Approves Increase In 2014 Premiums,” Providence Journal, 6/28/13)

The Majority Of Insured Rhode Islanders Will See A 9.5 Percent To 12 Percent Increase In Their Premiums. “For the majority of insured people who get health coverage from large employers, rates will go up, on average, 9.5 percent to 12 percent.” (Felice J. Freyer, “Rhode Island Health Commissioner Koller Approves Increase In 2014 Premiums,” Providence Journal, 6/28/13)

  • The Rhode Island Health Commissioner Approved A 12 Percent Average Premium Increase For Blue Cross, Tufts Received A 9.5 Percent Increase, And United Health Was Approved For A 9.7 Percent Increase. “For large employers, Blue Cross asked for an average increase of 17 percent; Koller agreed to 12 percent, saying that Blue Cross did not need to spend as much as proposed on medical expenses, administration and taxes. Tufts wanted 10 percent and got 9.5 percent. United’s 13 percent proposal was slashed to 9.7 percent; Koller reduced administrative costs and contributions to reserves. These percentages are averages; groups will pay more or less depending on their demographic make-up and past use of services.” (Felice J. Freyer, “Rhode Island Health Commissioner Koller Approves Increase In 2014 Premiums,” Providence Journal, 6/28/13)

Flashback: Obama Promised To Lower Premiums

As A Candidate, Obama Promised That His Health Care Reform Would Save American Families $2,500 By The End Of His First Term. OBAMA: “If you are ready for change, then we can stop talking about the outrage of 47 million people without health insurance and start doing something about it. I’ve put forward a plan that says everybody will have the same health care if they want it that I have as a member of Congress, that you can’t be excluded for pre-existing conditions, we’ll negotiate with the drug companies for the cheapest available prices. If you’re 25 or younger you can stay on your parents’ health insurance. If you’ve got health insurance, we’re going to work with you to lower your premiums by $2500 per family per year. And we will not wait 20 years from now to do it or 10 years from now to do it. We will do it by the end of my first term as president of the United States of America.” (Senator Barack Obama, Remarks At Campaign Event, Columbus, OH, 2/27/08)