Archive for November 4th, 2018

If you’re one of the 155 million people on employee-based health insurance plans …

November 4, 2018

Here’s the main reason why YOUR health insurance premiums have gone up.

Since Dems have made pre-existing conditions a centerpiece in their midterm campaigns, lets flashback to a 2009 post which injected some sobering facts into the debate…

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All the healthcare attention seems to be on the 20 million people who are getting insurance via Extended Medicaid or ObamaCare Exchanges.

Virtually no light is being shined on the vast majority of folks who are covered by employer plans.

Case-in-point: the soaring premiums being paid by employees … hardly the $2,500 reduction that was promised.

Here’s one of the reasons that premiums have gone up not down …

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Most people – probably bordering on all – would agree that people with pre-existing conditions should be able to get health insurance.

I accept that as a non-debatable point.

But, I got curious about the economics of so-called “guaranteed coverage”… i.e. how much does it cost, and who pays for it?

Specifically, for folks covered by employer plans, how much of their increase in health insurance premiums over the past couple of years is attributable to guaranteed coverage?

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Let’s take a whack at the numbers …

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