Monday, January 10, 2011

Blue Shield to jump UP 59%!!!! My Guess: No Individual Insurance in CA as of 2014, unless you're perfect...

I'm not the only blogger to notice that Obamacare does nothing to control costs.

Blue Shield of CA wants, basically, a 59% rate increase.

Now, they have to get approval, and they won't. So, what they'll do is tighten up underwriting requirements.

IE, you must be super, awesome, perfectly health to get health insurance. Unfortunately, kids won't be so lucky...

Of course, Rugby-only plans, and Accident Plans will, hopefully, remain available. These plans work because they are underwriting a narrow part of health care, and not trying to pay for everything with one plan.

What'll happen next? I have no clue.

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