So Much for ObamaCare Saving New Yorkers Money


Since health insurance in New York was already hideously expensive, advocates for ObamaCare eagerly rushed to proclaim it as one of the rare success stories for the big government health program.

Never mind all the other states. New Yorkers were saving money.

Individuals buying health insurance on their own will see their premiums tumble next year in New York State as changes under the federal health care law take effect, Gov. Andrew M. Cuomo announced on Wednesday.

State insurance regulators say they have approved rates for 2014 that are at least 50 percent lower on average than those currently available in New York. Beginning in October, individuals in New York City who now pay $1,000 a month or more for coverage will be able to shop for health insurance for as little as $308 monthly.

Notice the $1,000 part.

That was 2013. Now get ready for an ugly dose of ObamaCare reality.

Some New Yorkers are in sticker shock after receiving notices from their insurance companies saying that they have asked for significant rate increases through the state’s health exchange next year.

The exchange, which has prided itself on being affordable, is now facing requests for increases as high as 28 percent for some customers of MetroPlus, a new entry to the individual insurance market and one of the least costly — and most popular — plans on the exchange this year.

Beth Leibson, a Manhattan resident, received a letter from MetroPlus saying it was working on raising her rate by 28 percent. She said this was a higher one-year increase than any rate rise she had had with previous insurance, including insurance under the federal law known as Cobra, where she paid the entire bill. “It seems to me that this defeats the purpose of ‘affordable’ health insurance,” Ms. Leibson said.

It’s not affordable insurance. It’s ObamaCare.

This is just the beginning. Even in New York, ObamaCare didn’t make health insurance cheaper for insurers. Which means it’s going to become even more expensive for people who pay for their health insurance.

Several insurers mentioned a new pool of customers and changes to the population they are serving through the exchange. State officials said that over all, the population on the exchange is healthier than it used to be on the individual market, but that there could be some part of that population that was sicker than expected or using more services than expected.

Who are you going to believe, math or state officials? The basic ObamaCare demographic is not healthy.

MetroPlus is run by New York City’s Health and Hospitals Corporation, which runs the city’s 11 public hospitals, whose mission is to serve the poor. It was formerly a Medicaid plan but expanded into the private market on the exchange in hopes of attracting a new, more middle-class clientele to the city hospital system.

And now you know the rest of the story. A public hospitals city plan tried to go mainstream by undercutting its rates and is now trying to gouge the suckers who signed on.

This is ObamaCare,

  • Webb

    The horror.

  • Hard Little Machine

    This is my shocked face.

  • Habbgun

    This must be a separate rate increase. Rates automatically went up so that insurance companies could be in compliance with ACA mandates. This is the rate increase over the prior increases due to compliance.

    • Daniel Greenfield

      you have to live under it to find out how much it will cost you

      • Habbgun

        But Chief Justice John Roberts said it’s just a federal tax. It has rate increases like a tax, determines the profitability of insurers like a tax, you shop for your choice of tax like a tax, how your federal tax is computed is determined by the state you live in like every other federal tax and has a risk of adverse selection like a tax. It’s a tax.

  • Pete

    ” Beginning in October, individuals in New York City who now pay $1,000 a month or more for coverage will be able to shop for health insurance for as little as $308 monthly.”

    I want to meet the people that can do this. I really do

    If they can lower health insurance in New York State by 70%, I know they can invent the perpetual motion machine.

    America would have a new golden age!

    • Daniel Greenfield

      they could, but it would require massive deregulation

  • Juan Pablo

    My NY employer did the following:
    Introduced a deductible where there wasn’t one.
    Raised copays (in some cases doubling)
    Introduced co-insurance where before there wasn’t one (4k increase in out of pocket)

    Bottom line all in will cost me 5-6k more than my expenses last year. At least they kept the premiums the same for my drastic cut in benefits.

    Company was honest with us. They said the new plans were required as per the Obamacare act (won’t call it by it’s “formal” name)

    • Daniel Greenfield

      it’s happening all over unfortunately

  • Lanna

    Wait until people find out just how much extra it will cost them….Duh….people who are stupid get what they deserve….Obama’s policies are all destructive…Live and learn!