CT Approves Rate Increases
The Connecticut State Department of Insurance approved massive price increases for Blue Cross Blue Shield Anthem Health as of October 1st 2010. While this is not a shock to those that have been reading our blog over the last few months, the posters leaving comments on the story are livid and act as though they never knew this type of increase was possible.
We'll hear more of these stories, or perhaps more likely, we won't hear about them at all as this puts the current administration's policies in poor light. When the main stream media supports an agenda we rarely hear much about the negative impact that others will suffer. As I've written often, this legislation will create terrible burdens on folks that are responsible enough to have obtained insurance while it will encourage others to drop coverage and rely on the support of the government.
In other news, a federal court did uphold the legality of the challenge of 20 states to test the constitutionality of the Patient Protection and Affordability act. Of course this will be appealed and the case it on its steady march to the US Supreme Court. Unfortunately that will take 3 or 4 years.
Jason W Bohmann
Texas Health Design