A community of 30,000 US Transcriptionist serving Medical Transcription Industry

Here's What the Supreme Court Could Do to Insurance Premiums In Your State


Posted: Nov 13, 2014

More than 800,000 Floridians would see their monthly insurance premiums rise, from an average of around $70 to an average of around $350, or roughly a factor of five. More than 600,000 people in Texas, about 325,000 in North Carolina, and another 275,000 in Georgia would see insurance premiums soar by similar amounts.

Nationwide, more than 4 million people living in 37 states would be in situations like these. Most would have no way to pay the higher bills, forcing them to drop insurance coverage altogether. Their sudden absence would destabilize insurance markets in those states, giving carriers reason to raise premiums by additional amounts or to flee the states altogetherwhich would, in turn, lead more people to give up insurance.

The underlying premiums for all people buying insurance on their own in these states would rise by an average of 43 percent, while the number of Americans without insurance would eventually be 7 million higher than it would be otherwise.

The central issue is the federal government’s ability to distribute tax credits, which allow people buying coverage through Obamacare's new marketplaces to pay less than full pricein some cases, a lot less.

If the justices uphold the latest Obamacare lawsuit, here's the average increase in premiums for people who now receive tax credits. This is based on upon 2014 figures, which should be pretty similar to 2015.

The most extreme increase, by far, would be in Mississippi, where the average monthly premium would go from $23 to $438. That's an increase of almost two thousand percent. The likely reason is that Mississippi is a particularly low-income state, with many people who qualify for very large subsidies, deeply discounting the premiums they pay. The smallest increase would be in Arizona, where the average monthly premiums would go from $113 to $272, an increase of "just" 241 percent. The average increase in monthly premiums, across all states, would be from $82 to $346. That's a 422 percent hike. And, remember, projections show that most people now getting subsidies will not be able to pay the higher prices.

Dig deeper into your wallets, people.

 

Link:  http://www.newrepublic.com/article/120233/king-v-burwell-how-supreme-court-could-wreck-obamacare-states

;

Yup. The people who live in states that declined...sm - Rosie

[ In Reply To ..]
to set up their own exchanges could be affected. If this happens, it could destabilize our economy again and push us faster toward single-payer health care. I don't think the court will overturn.

A real dilemna for the Republicans - see message

[ In Reply To ..]
Republicans have saturated the airwaves with "Elect me and I will repeal Obamacare."

But when all these people actually lose their health insurance, won't they be angry with the people who took it away from them?

I would.

The repubs aren't taking it from them. sm - anon

[ In Reply To ..]
Obamacare is doing it by ditching the people who can't afford the extremely high premiums because their subsidies are being taken away.

They don't get "ditched", they get Medicaid. - Works just fine for me.

[ In Reply To ..]
nm
No they will not get Medicaid. These are working families...sm - Rosie
[ In Reply To ..]
who receive some assistance in the form of subsidies, not Medicaid eligible.
If they're working and yet don't make enough to - get ins. without subsidies, then -
[ In Reply To ..]
they'll still get subsidies. If rates go up, subsidies likely will, as well.

Of course, the companies these workers work for could always raise their wages, so that they CAN afford medical care, especially if they're not providing those employees company group insurance.
If the SCOTUS disallows subsidies under the federal...sm - Rosie
[ In Reply To ..]
exchange there will be NO subsidies for any of the people who live in those states.
Then most likely they'll qualify for Medicaid. - nm
[ In Reply To ..]

It is the governors that refused to set up their state...sm - Rosie

[ In Reply To ..]
insurance exchange that will be responsible for people losing their subsidies. The people in my state will be fine, but I am sorry for those that will not be able to afford their health insurance without the subsidy. Many of these same states have refused to extend Medicaid. What a mess!

Similar Messages:


Study: If Supreme Court Guts Obamacare, 9.6 Million Will Lose Health InsuranceJan 09, 2015
January 8, 2015:  As the U.S. Supreme Court prepares to hear a case that could prove to be a fatal blow against the Affordable Care Act, aka Obamacare, a new study has concluded that the consequences of striking down the law's subsidies for low- and middle-income individuals will result in a sharp drop in the number of Americans with health insurance, as well as a steep rise in premiums.  Link:  http://www.bloomberg.com/politics/articles/2015-01-08/study- ...

Supreme Court And DNAJun 03, 2013
http://www.cnn.com/2013/06/03/justice/supreme-court-dna-tests/index.html   What are your opinions on this ruling?  Is this constitutional or a 4th amendment violation? ...

Do You Trust The Supreme CourtMar 26, 2012
Before the decision even comes down from the Supreme Court on Obama's health care law I have to admit I have no confidence in them. It's all political. Giving the election to bush over Gore and allowing corporations to fund elections makes me think the court is not bipartisan. When the highest court in the land is partisan I have no hope. I feel sad for our country. Do you trust them? ...

Why The Supreme Court Will Strike Down All Of ObamacareApr 06, 2012
By Peter Ferrara Barack Obama made a national laughingstock out of himself with his recent comments on the Obamacare law now before the Supreme Court. Obama said on Monday, “I’m confident that the Supreme Court will not take what would be an unprecedented, extraordinary step of overturning a law that was passed by a strong majority of a democratically elected Congress.” (emphasis added). President Obama is not stupid. But he thinks you are. He knows the Obamacare heal ...

Breach Of Ethics--Supreme CourtJan 27, 2011
Where is the outrage?  Corruption at the highest levels--I hope they impeach this guy.  Source: Los Angeles Times\"Supreme Court Justice Clarence Thomas failed to report his wife\'s income from a conservative think tank on financial disclosure forms for at least five years, the watchdog group Common Cause said Friday.Between 2003 and 2007, Virginia Thomas, a longtime conservative activist, earned $686,589 from the Heritage Foundation, according to a Common Cause review of the fou ...

Supreme Court Potential JudgesApr 11, 2010
Ever since Barack Obama's election as president, there has been anticipation among scholars at the University of Chicago's Law School that one of their own could be headed to the U.S. Supreme Court bench in the next few years.That anticipation was heightened late last week with news that Obama, who taught constitutional law at the school from 1992 to 2004, soon will be making his first Supreme Court pick.Almost every short list of possible nominees to succeed Justice David Souter inclu ...

Supreme Court Overturns DOMAJun 26, 2013
A huge step in the right direction.   The legal challenge to Doma was brought by New York resident Edith Windsor, 83. She was handed a tax bill of $363,000 (£236,000) when she inherited the estate of her spouse Thea Speyer - a levy she would not have had to pay if she had been married to a man. "Doma writes inequality into the entire United States Code," Justice Anthony Kennedy wrote in Wednesday's ruling. "Under Doma, same-sex married couples have their lives burdened, ...

Will The Supreme Court Stop Cops From Sep 17, 2013
  In many states, police can rifle through your smart phone—even if you've just been arrested for not putting on your seat belt. —By Dana Liebelson | Tue Sep. 17, 2013 3:00 AM PDT 8   Rich Siegel/Flickr If you're like many Americans, your cell phone is overflowing with personal information—text messages, emails, photos of your friends and family, an organized history of who you've been calling, private notes, automatic logi ...

U.S. Supreme Court Declines To Hear Jan 13, 2015
but apparently there is another attack in March to try to deny people the tax-credit subsidies offered by the law.  ...

Republicans Are Screwed If The Supreme Court....smMay 20, 2015
guts Obamacare. I don't think they will rule that way; but, if they do, there will be big trouble if all those people lose their insurance.   ...

Supreme Court Expresses Skepticism Over ConstitutionalityMar 27, 2012
Lets hope they vote on the side of the law and vote it down.  If they do the right thing and vote against it, my trust in them may rise, but unsure.  Just unsure if they will do the right thing.  My take on the health care is this.  Those that want it should be able to get it.  Those that don't should not be forced to buy a product we don't wish to purchase every month.  And on top of that be told the product has to meet certain circumstances, whiich for m ...

Tea Party Rally Has Message For Supreme CourtMar 26, 2012
There are so many good things about the Affordable Health Care Act. It's hard for me to understand why someone would even think about going without insurance. Cain and the TBs are full of hot air.Two years ago, thousands of members of the tea party descended on Capitol Hill to protest the passage of President Barack Obama’s health care law.On Saturday, just two days before the Supreme Court will hear oral arguments on the constitutionality of the law, hundreds of tea party supporters ...

Obamacare: Well Now, Isn't This An Interesting Bit Of Phrasing From The Supreme Court.Jul 25, 2014
Should Obamacare be sent to the Supreme Court of the United States (SCOTUS) and should the SCOTUS actually decide to hear it, the 4 dissenters when the ACA was upheld by the court previously have already made clear in their dissent what they believed Congress' intent was in setting up the exchanges. National Federation of Independent Business v. Sebelius (joint dissenting opinion of Scalia, Kennedy, Thomas, and Alito) "...because Congress thought that some States might decline federal fu ...

How The Supreme Court Can Resolve The Debt Ceiling CrisisOct 14, 2013
Adam H. Rosenzweig from the Washington University School of Law proposes a different approach to ending the debt ceiling crisis: Let the Supreme Court resolve it as a Constitutional matter. What should happen when Congress and the President find themselves in a fiscal policy showdown resulting in a Constitutional violation? This question has risen to the fore in light of the recent political showdowns over the so-called “debt ceiling” crisis. Some scholars have argued that there ar ...

Mass. Supreme Court Ruled On Pledge Case..smMay 09, 2014
In this case, a family sued on the grounds that having the Pledge Allegiance recited in school everyday discriminated against their children because they did not follow/worship the Christian God. While their children (and all U.S. children) are free to not recite it, it was argued that non-pledgers were discriminated against, treated as un-American, and un-patriotic, and ridiculed as such. Additionally, even if they wanted to demonstrate their patriotism, these students could not because "Under ...

German Federal Supreme Court: Measles Is NOT A VirusJan 26, 2017
This is the strangest vaccine story I have ever come across.  Several scientists proved successfully in Germany that measles is NOT caused by a virus.  The case was heard before the German Federal Supreme Court (equivalent of our U.S. SupremeCourt).  The plaintiff was a biologist, and he was awarded monetary damages. Reseachers in the past decades committed a critical mistake:  They used no controls.  As a result, components of regular cells were misidentified as vira ...

Democrats Attempted To Filibuster Bush's Supreme CourtFeb 17, 2016
he would shift the balance of the court. What hypocrites they are and they get away with it. Apparently Harry Reid has forgotten his own role in trying to do so. Payback is a ....... Just two years ago Harry Reid went for the nuclear option eliminated the filibuster rule of 60-40 votes required to override one so he could pack the super-important DC Circuit Court with extreme leftist. The cool thing about having no moral values and no accountability is that you can lie without a guilty ...

Supreme Court Overturns Objection To Cross On Public LandApr 29, 2010
  By Robert Barnes Washington Post Staff Writer Thursday, April 29, 2010  A splintered Supreme Court displayed its deep divisions over the separation of church and state Wednesday, with the court's prevailing conservatives signaling a broader openness to the idea that the Constitution does not require the removal of religious symbols from public land. A 5 to 4 decision by the court overturns a federal judge's objection to a white cross erected more than 75 years ago on a ...

Supreme Court's Majority Sides With U.S. Chamber Of Commerce In Over 2/3 Of Cases Jun 10, 2010
http://www.huffingtonpost.com/2010/06/10/supreme-courts-majority-s_n_607714.html ...

Soros Organization Tried To Influence Illegal Immigration Supreme CourtAug 19, 2016
Hungarian-born billionaire George Soros’ stated vehicle for progressive social change, orchestrated a well-funded attempt to secure a desired outcome in a U.S. Supreme Court case on illegal immigration enforcement, according to a newly discovered memo between the organization’s top U.S. officials and board members. Members of the advisory board include Soros family members, left-wing activists, Ivy League professors and columnists for The Washington Post and Foreign Policy magazine. The ...

Supreme Court Asked To Revive Virginia's Anti-sodomy Law. Aug 19, 2013
"the state wants to “wave a magic wand” and read the broad anti-sodomy law as protecting minors. But the law “does not mention the word ‘minor,’ "   From The Washington Post The High Court It is not the headline that Ken Cuccinelli II would have written, of course. But considering the flak Virginia’s attorney general has received for pressing his defense of the commonwealth’s “crimes against nature” law to the Supreme Court, C ...

Supreme Court Signals Support For Corporate Religious ClaimsMar 25, 2014
Maybe there is hope after all... ...

Liberals Lose Their Cool In The Supreme Court Fight Over ObamacareNov 18, 2014
On Nov. 7, the Supreme Court said it would entertain the latest legal assault on President Obama’s health-reform program. Leading liberal analysts worry—reasonably—that the justices will cripple Obamacare. Unfortunately, these defenders of the program are making their case by preemptively accusing right-leaning members of the high court of bad faith and rank partisanship. Paul Krugman of Princeton and the New York Times has has called the argument that a sy ...

Supreme Court Sends Redistricting Law Back To South Carolina. SmApr 20, 2015
A big victory for voting rights and against gerrymandering of voting districts! ...

Supreme Court Rejects Limits On Corporate Spending In Electoral CampaignsJan 21, 2010
Well, back to square 1. Wonder how many judges are in the pockets of corporations?   Supreme Court rejects limits on corporate spending in electoral campaigns Video   High court rolls back campaign spending limits The Supreme Court ruled Thursday that corporations may spend as freely as they like to support or oppose candidates for president and Congress, easing decades-old limits on business efforts to influence federal campaigns. » LAUNCH VIDEO PLAYER ...

Supreme Court Refuses To Hear Obama Birth Certificate ChallengeJun 11, 2012
WASHINGTON -- The Supreme Court has refused to hear an appeal challenging President Barack Obama's U.S. citizenship and his eligibility to serve as commander in chief.Without comment, the high court on Monday refused to hear an appeal from Alan Keyes, Wiley Drake and Markham Robinson.The 9th U.S. Circuit Court of Appeals ruled the challengers did not have legal standing to file the lawsuit.The U.S. Constitution says only "a natural born citizen" may serve as president. The challengers alleg ...

Critics Say Supreme Court's Prop 8 Ruling Takes Power From VotersJul 01, 2013
      http://www.washingtontimes.com/news/2013/jun/30/critics-say-supreme-courts-proposition-8-ruling-ta/ ...

Senate Plans To Follow Biden’s Advice On Supreme Court VacancyFeb 23, 2016
Gotta love that man! LOL ...

Health Insurance Premiums Jumped 9% From 2010-2011. Obamacare?Sep 25, 2012
http://www.factcheck.org/2011/10/factchecking-health-insurance-premiums/ From Factcheck.org: "Health insurance premiums for employer-sponsored family plans jumped a startling 9 percent from 2010 to 2011, and Republicans have blamed the federal health care law. But they exaggerate. The law — the bulk of which has yet to be implemented — has caused only about a 1 percent to 3 percent increase in premiums, according to several independent experts. The rest of the 9 percent rise is due ...

Appeals Court Strikes Health Insurance RequirementAug 12, 2011
  Posted: Aug 12, 2011 10:45 AM PDT Friday, August 12, 2011 1:45 PM EST Updated: Aug 12, 2011 11:56 AM PDT Friday, August 12, 2011 2:56 PM EST By GREG BLUESTEINAssociated Press ATLANTA (AP) - A federal appeals court panel on Friday struck down the requirement in President Barack Obama's health care overhaul package that virtually all Americans must carry health insurance or face penalties. The divided three-judge panel of the 11th Circuit Court of Appeals struck down the so- ...