The basis for a health insurance company raising rates would be solely because of increases in medical costs.
Health insurance would not be impacted by environment, prices of fuel, supply/demand, etc.
Stating now that rates will rise presumes they will be paying our more for costs. That may be true, but it lacks the certainty necessary for making such a claim. Therein lies the correlation.
I have complete control over my hourly rate. If I choose to increase it because I feel they need to do so, I can. Projecting an increase next year over unknown factors would render my projection somewhat capricious.
The basis for a health insurance company raising rates would be solely because of increases in medical costs.
Health insurance would not be impacted by environment, prices of fuel, supply/demand, etc.
Stating now that rates will rise presumes they will be paying our more for costs. That may be true, but it lacks the certainty necessary for making such a claim. Therein lies the correlation.
I have complete control over my hourly rate. If I choose to increase it because I feel they need to do so, I can. Projecting an increase next year over unknown factors would render my projection somewhat capricious.
Health insurance rates are directly corrolary to medical costs, for obvious reasons.
Adding land value tax to the conversation would be like discussing Burmese ancient rituals during a fantasy baseball draft. 
The basis for a health insurance company raising rates would be solely because of increases in medical costs.
Completely and utterly false. Insurers make annual changes to the prices of their plans to factor in their own cost of doing business, for example.
Where do you come up with this type of stuff?
The anology is I control my own rate. If I am projecting that I will raise my rate in January of 2014 based on factors that don't exist yet, I am acting capriciously.
Completely and utterly false. Insurers make annual changes to the prices of their plans to factor in their own cost of doing business, for example.
Where do you come up with this type of stuff?
Of course they do. That's different from the anticipated hikes that you are posting about that you are blaming directly on ObamaCare.
The anology is I control my own rate. If I am projecting that I will raise my rate in January of 2014 based on factors that don't exist yet, I am acting capriciously.
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