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Tuesday, May 28, 2013

Forbes: ObamaCare ? A good deal ? ACA



Unexpected Health Insurance Rate Shock-California Obamacare Insurance Exchange Announces Premium Rates



Quotes reorderd ...

There is a moral to this story for those open to receive the message.
Sarah Kliff at The Washington Post reveals just far off the prognosticators have been.
“The Congressional Budget Office predicted back in November 2009 that a medium-cost plan on the health exchange – known as a “silver plan” – would have an annual premium of  $5,200. A separate report from actuarial firm Milliman projected that, in California, the average silver plan would have a $450 monthly premium.” 
The actual costs? 
Kliff continues, “On average, the most affordable “silver plan” – which covers 70 percent of the average subscriber’s medical costs – comes with a $276 monthly premium. For the 2.6 million Californians who will receive federal subsidies, the price is a good deal less expensive…”
As you can see, the actuaries missed by a huge percentage. 

California Obamacare premiums: No ‘rate shock’ here

By Sarah Kliff, Published: May 23, 2013 at 2:29 pm 

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WI 1848 Forward: #Forbes: #ObamaCare ? A good deal ? #ACA #47% vs #elites #1% Think about it #Walker #GOP #Teaparty

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