Archive for June 5th, 2016

Blue Cross Seeks 60% Rate Increase

Sunday, June 5th, 2016

womencrying

Martita – Dewitt County Resident Reacts to proposed rate increase

Bad news for folks in Dewitt County, Texas. The only individual health insurance policy one can purchase there is one from Blue Cross. And, the only policy Blue Cross sells to the poor souls of DeWitt County is an HMO policy. Have cancer, forget about going to MD Anderson just down the road in Houston.

Our friend Martita, age 60, currently has a $6,000 deductible Blue Cross HMO individual policy with an annual premium of about $7,000. With a 60% increase she will pay about $11,200. If she gets sick, her out of pocket costs could be $17,200…………………

How about putting $17,200 in a tax free savings account and purchasing a $20,000 deductible health plan? No can do, that’s now illegal………………..

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Health Care Displaces Manufacturing as Tops in Jobs

Sunday, June 5th, 2016

healthcarejobsJobs in health care, education, and social services have exploded. When Obama took office, just over 19 million Americans worked in this sector. Today, almost 23 million do.

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