OBAMA LIED: New Obamacare Law Is Already Forcing Premiums to Increase – Even Double

Do you remember when Obama promised that with his health care law you would see premiums fall by 3,000%?

It was a lie.
A very big and weird lie.

Today Blue Shield of California announced it would call for a 20% rate hike on some individual policyholders. The company expects higher costs from an influx of new customers under the federal healthcare law in 2014.
The LA Times reported:

Health insurer Blue Shield of California wants to raise rates as much as 20% for some individual policyholders, prompting calls for the nonprofit to use some of its record-high reserve of $3.9 billion to hold down premiums.

In filings with state regulators, Blue Shield is seeking an average rate increase of 12% for more than 300,000 customers, effective in March, with a maximum increase of 20%.

Some consumer advocates and healthcare economists say Blue Shield shouldn’t be raising rates that high when it has stockpiled so much cash. The company’s surplus is nearly three times as much as the Blue Cross and Blue Shield Assn. requires its member insurers to hold to cover future claims.

“Blue Shield is sitting on a huge surplus that is beyond what is required or necessary,” said Laurie Sobel, a senior attorney for Consumers Union in San Francisco. “It should be used to hold down rate increases when it hits these extraordinary levels.”

California officials can take into account an insurer’s amount of surplus, among many other factors, when determining whether they think a rate increase is reasonable. Both the California insurance commissioner and the state Department of Managed Health Care are reviewing the company’s proposed premiums, but neither agency has the authority to reject changes in rates…

The company also expects higher costs from an influx of new customers under the federal healthcare law in 2014.

UPDATE: Also today — Aetna CEO Sees Obama Health Law Doubling Some Premiums

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  • NeoKong

    Gee…If only somebody warned us this would happen maybe we could have read the bill first.

  • vityas


  • Whistleblower
  • Sam Stone

    From Obama’s very own website.


    “The Obama-Biden Plan

    On health care reform, the American people are too often offered two extremes —

    Under the plan, if you like your current health insurance, nothing changes, except your costs will go down by as much as $2,500 per year. If you don’t have health insurance, you will have a choice of new, affordable health insurance options.”

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  • srdem65

    More government magic accounting: SocialSecurity checks will increase in 2013,(yay!) as will the cost we pay for Medicare (boo!).
    So…… end result………we will net less S.S. money and pay more for Medicare.
    Thanks, Obama.

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  • This was marxists plan from beginning..drive insurance cost up ,force everyone on Marxist’s run heathcare so government has complete control of the masses.

  • Ron

    Got my California Blue Cross – Anthem notice a couple weeks ago – rate going up 24% starting in February. Why no max increase of 20% for me?

  • valerie

    Wait, wait — my insurance already went up 30% before this….!

  • FMB4

    Obama Care was forced upon us by those who pay little, or nothing, for their H.C. insurance coverage (because we buy it for them).

    Obama was largely elected by those who pay little, or nothing, for their section 8 housing, food, energy, transportation, and their H.C. insurance coverage (that we buy for them).

    The bottom line is that those of us who pay for our own H.C. insurance are now being forced to pay higher coverage rates so as to make up for those who pay little, or nothing, the Obama Care they’ll soon be receiving.

    Meanwhile, those that make a lifestyle of living off of public assistance benefits will continue to do little other than breed more public assistance reliant Democrat off-spring.

    About all these people do for a living is shop, eat, breed (out of wedlock), sleep, and vote (early and often) for Democrats.

  • Stella Baskomb

    @Ron “Got my California Blue Cross – Anthem notice”

    The article linked above is about California Blue Shield – not the same company as Anthem.

  • Flintstone F.


    No. Not good. It’s by design to put the insurance companies out of business by forcing people into the loving arms of the federal government.

    Doctors will be forced to only provide and perform what the gov. can afford to spend on you. Our Constitution was buried on March 21, 2010. Then it’s grave site was pissed on by John Roberts soon thereafter.


    Nail on head.

  • vityas


    They voted for it, let them experience it.
    You can’t stop the dam that’s bursting.
    Faster, please.

  • Tom Doniphon

    So the “millionaires and billionaires” making $200K aren’t the only ones who will be forced to “pay a little bit more”! Right?

  • Patty

    One lie among many.

  • hermie

    That surplus they are complaining about will disappear very quickly once Obamacare claims start coming in from high-risk, high maintenance policyholders.

  • Bob

    My premiums have already went up over the last 2 years. First rise was 62% and then 48%. The ignorant that voted for Obama are going to get what they deserve, except the rest of us who do work and pay taxes will suffer also.

  • Patty


    New Army Manual Orders Soldiers Not To Criticize Taliban

    Judicial Watch: Here is a strong indicator that the Obama Administration’s crusade to appease Islam has gone too far; a new U.S. military handbook for troops deployed to the Middle East orders soldiers not to make derogatory comments about the Taliban or criticize pedophilia, among other outrageous things.

    It gets better; the new manual, which is around 75 pages, suggests that Western ignorance of Afghan culture— not Taliban infiltration—is responsible for the increase in deadly attacks by Afghan soldiers against the coalition forces.

    The soon-to-be-released Army handbook is still being drafted, but a mainstream newspaper got a sneak preview and published an article that should infuriate the American taxpayers funding the never-ending war on terror. The manual is being created because someone with authority bought the theory that cultural insensitivity is driving insider attacks on U.S. troops in Afghanistan.

    More than three dozen insider attacks have killed 63 members of the U.S.-led coalition this year, according to the article, and some blame “American cultural ignorance.” The bottom line is that troops may experience social-cultural shock and/or discomfort when interacting with Afghan security forces, the new military handbook says. “Better situational awareness/understanding of Afghan culture will help better prepare [troops] to more effectively partner and to avoid cultural conflict that can lead toward green-on-blue violence.”[,,,,,,,,,,,,,,,,,,]


  • Patty


    Brace yourselves America’s next revolution maybe just around the corner.


  • Skip

    Many insurance premiums will double by 2014. A large number of the Obama voters don’t care because they know they will not be paying anything for health care.

    They simply voted for the Party which will give them the most ‘stuff’ without asking them to work. And we are supposed to have compassion for these slugs.

  • Winston Wolfe

    Vityas is correct.

    This is good. People voted for this nonsense.

    Let it burn.

  • SeniorD

    HOO yah!

    The Obama Regime and the sycophantic enabling Congresstitutes OWN the destruction of this country. Can balkanization be far behind?

  • TheDefLeprecon

    Our premiums went up last Nov. by 18%. Next year they are going up again, by 6.25%. Thanks Ostupido. A friend whose kids are on ALL KIDS laughed and laughed cause she thinks it’s funny she sees the same dr. and orthodontist that we do and we pay so much and she pays for nothing. Also thinks it’s funny we shop at Wal Mart vision for glasses as cheaply as we can find and her kids see private dr. and she gets the kids $300 frames once a yr. We stopped talking last month over that crap. Thanks crappy cesspool Illinois and Obama for screwing the makers for the takers.

  • bg


    via TDR

    I’ll Bet Israel Knows

    [What is important is quietly going away if we let it. Obama is responsible
    for the murders of Brian Terry and Jamie Zapata in his illegal, international
    gun-running enterprise, and Obama is even more responsible for allowing
    Christopher Stevens, Sean Smith, Tyrone Woods, and Glen Doherty to be
    murdered. And the America media is doing nothing to get to the bottom of
    it. They wouldn’t know what true investigative journalism is if it walked up
    and introduced itself.

    ht 100 Percent FED Up via Brietbart

    Chaffetz: State Dept Hiding Benghazi Survivors

    [“My understanding is that we still have some people in the hospital. I’d
    like to visit with them and wish them nothing but the best but the State
    Department has seen it unfit for me to know who those people are—or
    even how many there are,” Rep. Chaffetz said. “I don’t know who they
    are. I don’t know where they live. I don’t know what state they’re from.
    I don’t even know how many there are. It doesn’t seem right to me.”]


  • BurmaShave


    This is me looking surprised.

  • Marmo

    I remember Obama saying that our health care premiums would go down 3,000%. I thought, “Wow, that’s great! I’ll actually get paid 29 times what I pay now as a premium every month. Sweet!”

  • bg
  • burt

    Is anyone suprised?

  • Patty


    Washington, DC, Union President Convicted, Faces 183 Years in Prison


  • BarbaraS

    This crapola is the biggest tax increase in history. And this is just the tip of the iceburg. The obama administation is writing this POS as they go along and think up something new to slap us with every day. We didn’t know what was in it (h*ll, even our representatives didn’t know or so they said) what was in it and Fancy Nancy said the bill had to be passed so we would find out0 Well, we’re finding out. Right? You would think that with the entourage each congressman and senator has following them around like they were kings or something could take the time to read the bills and tell their bosses what they are voting on, but I guess not.

  • Libtards Lie

    This is nothing.

    Wait until they start handing out the little blue and red pills to your loved ones who they consider a “burden” to society.

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  • Economan

    Funny how we’re finding this out after the election, but still no surprise.

  • ipmala

    That’s what happens when you put a dumb stupid N****R in the White House.
    And….besides being a stupid bastard N****R….Obama is also a f**king Communist.
    By 2016, his intention is to completely destroy this country.
    I hear the Dems are wanting to ‘groom’ Eric Holder to run in 2016.
    Another N****R in the White House.
    The people that voted for Obama are all WELFARE freeloaders anyway.
    Blacks, Hispanics, single women, unwed mothers, illegal aliens, etc…..
    They don’t give a damn if insurance premiums rise for the rest of us a TAXPAYERS.
    As long as they get their and every month.
    F**king freeloaders.

  • Bigkahuna

    I hope people soon start to withhold tax payments for as long as they can. Just refuse to fund the bastards maybe thy will get a clue. I know I will just start withholding some billing from mynbusinessbto account for the obamacare theft. They won’t know it and I will just take cash from a few clients to bury it. Screw them. We n
    Knew this would happen

  • Steve

    What happened to the $63 that we have to pay, so the insurance companies can afford to cover the folks with preexisting conditions?


  • chris

    We have a CA Healthnet family HSA 7500 deductible
    Our premium has risen from $580 by 100% since Ocare was passed
    This year we have been hit with two increases taking us to $1,200/mo
    Basically, we now have to spend $21,000 before getting a dollar of reimbursement except for the “free” things that the Federal government and state government have mandated be included in all policies whther you want them or not. Example: our grown daughters have their own insurance but can jump back on our plan any time until age 26 (we don’t want this feature) and it dives up our premium. Many love this “childrens” feature because the employer is the one getting stuck directly with the huge premium for this feature. Ocare is close to success of totally destroying private healthcare in the US and the exception will be the top 10% or so who will contract directly with providers and take a deductible of $100,000k plus. Politicians will exempt themselves, give themselves life long coverage and reward those who bribe them with campaign money.

  • mundus civilitas

    We have come to the end of another year, and so it is once again time for PolitiFact to tell us what the 2012 “Lie Of The Year” is. For me, it’s pretty obvious. The 2012 Lie Of The Year is, “Trust me, this pumpkin ale tastes great.”

    But that wasn’t deemed a serious enough falsehood by the fact check industry, and so PolitiFact has instead chosen a winner from a list of untrue things that politicians and pundits said, with a special emphasis on the 2012 campaign season — which is why “we are winning/succeeding in/going to win/going to succeed in that War in Afghanistan” did not make the cut.

    This year, PolitiFact has singled out Mitt Romney’s campaign ad that made an untrue claim about President Barack Obama, Chrysler, and jobs building Jeeps being sent to China. “It was a lie,” says PolitiFact, “told in the critical state of Ohio in the final days of a close campaign.”

    In case you missed the controversy, PolitiFact offers a recap:

    It originated with a conservative blogger, who twisted an accurate news story into a falsehood. Then it picked up steam when the Drudge Report ran with it. Even though Jeep’s parent company gave a quick and clear denial, Mitt Romney repeated it and his campaign turned it into a TV ad.

    In political media circles, the process described above is also known as “weekdays.” But what perhaps set this occasion apart, PolitiFact says, is the fact that the Romney campaign stood by the ad “even after the media and the public expressed collective outrage against something so obviously false.”

    A big reason reporters expressed outrage is because the Romney campaign had baited them almost a year earlier. After they expressed some alarm that a Romney ad from the fall of 2011 was entirely based on a hysterical lie, a Romney operative said that the campaign absolutely intended to keep lying in its ads, because that was the entire point of them:

    First of all, ads are propaganda by definition. We are in the persuasion business, the propaganda business…. Ads are agitprop…. Ads are about hyperbole, they are about editing. It’s ludicrous for them to say that an ad is taking something out of context…. All ads do that. They are manipulative pieces of persuasive art.

    PolitiFact took up the adjudication of Romney’s Chrysler ad toward the end of October, when it began airing in the Buckeye State. At the time, it gave the ad a “Pants On Fire” rating, and summed up the matter thusly:

    The ad miscasts the government’s role in Fiat’s acquisition of Chrysler, and it misrepresents the outcome. Chrysler’s owners had been trying to sell to Italy-based Fiat before Obama took office. The ad ignores the return of American jobs to Chrysler Jeep plants in the United States, and it presents the manufacture of Jeeps in China as a threat, rather than an opportunity to sell cars made in China to Chinese consumers. It strings together facts in a way that presents an wholly inaccurate picture.

    This ad’s main contribution to American life was the panic it instilled in auto workers, who thought that they were actually going to lose their jobs. Chrysler’s chief executive eventually had to put out a statement in order to settle the matter. It was, essentially, a hot mess.

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  • free`

    Blue Cross started raising my premiums more than the usual 10% a year 2 years ago. They said obamacare regulations were the reason they went up so much. The weirdest thing is BC sent me my rate increase this year along with a letter stating that I have a grandfathered plan that won’t be affected by obamacare. If I weren’t so disabled I would sue them.

  • free`

    The 2nd to last sentence should read — I have a grandfathered plan that won’t be affected by the obamacare REGULATIONS.

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  • Hangtown Bob

    Premiums fall by 3000% ??????????

    This mathematical gem totally explains why the Dims have NO CLUE about the economy or anything else of a quantitative nature.

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  • I received a 200.00 a month increase, from Anthem, in October and a letter about another increase in April bringing my individual premium to $1000.00 a month, an over 50% increase in less than 1 year,for crappy 70/30 coverage and a 3500.00 dollar deductible. I am in excellent health and rarely see a doctor except for well check ups. but due to genetic Osteo arthritis at an early age , 5 years ago I had a total knee replacement. Now I will pay 12 thousand dollars plus! The other outrage is that I am told there are 12 million others like us, being charged obscene amounts. Those of us who are responsible and would not play russian roulette by canceling our policy for 6 months to qualify for obama care have been deliberately and systematically AND Legally DISCRIMINATED against by our own country. Our tax dollars pay for his hideous program, and the government pays insurance companies a bonus to get individuals to apply. Yet we are excluded and being charged double.
    Is anyone else enraged?? Anyone els contemplating a move out of this country?? Is there any forum online where the voices of those of us being robbed by insurance companies can be heard?