I forgot what a healthcare insurance paradise it w

I forgot what a healthcare insurance paradise it was before the ACA.

No premium hikes and of course no coverage or extra high premiums for pre-existing conditions, lifetime limits on coverage and no coverage of children up to age 27 were all very popular.

Oh yeah, that COBRA coverage 'between jobs' was a real 'deal' too.

LOL!

Quote:

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Health plans had big premium hikes before Obamacare

Dan Mangan | @_DanMangan
Thursday, 5 Jun 2014 | 12:01 AM ET
CNBC.com

Individual health insurance premiums in the years before President Barack Obama signed the Affordable Care Act into law had large average increases and a high variability in rate hikes across different states and insurers, a study released Thursday found.

Nonpartisan foundation The Commonwealth Fund said its findings provide the most comprehensive data assembled to date for use as a benchmark comparison with Affordable Care Act-era price increases, which have begun being released for the 2015 plan year.

The study, which examined the years 2008 to 2010, found that health insurance premiums for people buying coverage on their own—not as part of an employer-provided plan—grew more than 10 percent on average.

Hemera Technologies | AbleStock.com / 360 | Getty Images


The study found that in 2008, premiums grew by an average of 9.9 percent, and by 10.8 percent the following year.

In 2010, premiums grew an average of 11.7 percent. That was the last year that individual insurance market prices were not affected by mandates of the Affordable Care Act, which Obama signed in June 2010.

http://www.cnbc.com/2014/06/04/health-plans-h...acare.html

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