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Old 06-03-2015, 09:26 PM   #1
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Texas BCBS rate hikes

Just read that Texas BCBS looking for larger rate hikes due ro 400 million dollar loss.
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Old 06-03-2015, 09:29 PM   #2
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Okay I give up. What is Texas BCBS?
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Old 06-03-2015, 09:47 PM   #3
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Google is your friend
Health Insurance Texas | Blue Cross and Blue Shield of Texas
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Old 06-03-2015, 09:48 PM   #4
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Just a guess but could it be Texas BlueCross BlueShield by any chance?
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Old 06-03-2015, 10:02 PM   #5
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Thanks. Having Aetna and not being from Texas is my excuse.
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Old 06-03-2015, 10:56 PM   #6
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Thanks. Having Aetna and not being from Texas is my excuse.
I AM from Texas and I didn't have a clue.
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Old 06-04-2015, 07:30 AM   #7
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Not just a Texan thing, the news in Tennessee is that BCBS has requested a +30% rate hike.

My insurance was canceled earlier this year. We had been buying what I call "Hit by a Bus" insurance with high deductible.

The overall trend is frightening.

2013 >>> Paid $380
2014>>> Paid $420
2015 >>> Pay $780

If the request goes through the premium will go to +$1000

Yet, we are required by law to have insurance that we can't afford.
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Old 06-04-2015, 10:22 AM   #8
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In Alaska, Blue Cross is asking for a 37% increase, after getting a 30+% increase last year. I suspect that it will only get worse!
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Old 06-04-2015, 10:34 AM   #9
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Originally Posted by jacwjames View Post
Not just a Texan thing, the news in Tennessee is that BCBS has requested a +30% rate hike.

My insurance was canceled earlier this year. We had been buying what I call "Hit by a Bus" insurance with high deductible.

The overall trend is frightening.

2013 >>> Paid $380
2014>>> Paid $420
2015 >>> Pay $780

If the request goes through the premium will go to +$1000

Yet, we are required by law to have insurance that we can't afford.
It was all smoke and mirrors, a grand scam to get everyone to contribute to the system to fund it under the guise you would be getting something. Even those who fell for the free healthcare provided by the government have found out it still isn't free because they have to pay the deductible which may be as high as $10,000. Bet they are glad they voted for that now! Mean while the rest of us took a huge hit along with it.
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Old 06-04-2015, 10:59 AM   #10
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Texas is not alone. All health insurance companies are still reacting to being forced to take all comers, charge the same rate regardless of medical history and need. I feel quite certain that they have valid statistics to back up their need for higher premiums. Health insurance on the individual side is no longer a viable business model.
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Old 06-04-2015, 12:07 PM   #11
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Our Commity Rules do not permit political posts. Some posts here have been removed for that reason. Let's please stay with the topic without getting political.
Thanks, Cliff
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Old 06-04-2015, 06:29 PM   #12
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Seems like the higher ups in the company need pay cuts, which isn't going to happen.
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