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Selatius

(20,441 posts)

5. It has been said that the inflation rate for medical insurance premiums reflects real inflation.

Reply to Tennessee Gal (Original post)

Wed Dec 5, 2012, 09:48 PM

Dec 2012

Like, if the inflation rate in the economy at large were 10%, your health insurance provider may bump it up 10% next year, but you'd only get a 2% cost of living increase from your non-unionized employer. Food prices have gone up faster than people's wages. It's been since the 1990s that a fair loaf of wheat bread could be had for a dollar. If my wages kept up with the price of food, my wages probably would've been 50% higher today than they actually are.

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Obamacare: Post from Facebook [View all] Tennessee Gal Dec 2012 OP

I really don't know but could the increases be due to the insurance co. itself snappyturtle Dec 2012 #1

Yes. It could be an insurance company that already had overhead costs that exceeded the ACA patrice Dec 2012 #11

The insurance company was likely going to do this anyway, using Obamacare as cover. IF this is true kelliekat44 Dec 2012 #2

It would have gone up more without the reform. They should be thankful Motown_Johnny Dec 2012 #3

increase may not be from ACA handmade34 Dec 2012 #4

It has been said that the inflation rate for medical insurance premiums reflects real inflation. Selatius Dec 2012 #5

Yes ... 1StrongBlackMan Dec 2012 #6

Most Employers Shift More Cost To Employees Routinely Indykatie Dec 2012 #9

While, it is true ... 1StrongBlackMan Dec 2012 #12

Good responses. Thanks everyone. nt Tennessee Gal Dec 2012 #7

Just because it went up doesn't mean that the increase was due to Obamacare. Insurance patrice Dec 2012 #8

Now every RW employer can up their employees health insurance fees and blame Obama. joeunderdog Dec 2012 #10