The Stunning "Explanation" An Insurance Company Just Used To Boost Health Premiums By 60%

Tyler Durden's picture

It may not have been easy for Blue Cross Blue Shield to admit to their clients their premiums are set to rise by 60% due to Supreme Court-mandated tax known as "Obamacare" but it would have been the right thing.

Instead, in justifying the boost to the two-month medical premium from $867 to $1.365, the health insurer decided to use the following excuse: "With advances in medical technology, prescription drugs and ways to treat injuries and illnesses, Americans are living healthier lives. [i.e., living longer] Because of these changes, we must adjust your premium to stay in line with increased costs."

In other words, if you want lower costs, and avoiding 60% healthcare inflation, just do everything in your power to prevent Americans from "living healthier lives."

And just in case anyone is still confused why plunging gasoline prices simply refuse to translate into greater discretionary spending, please keep reading the above letter until you finally get.

Finally, for those who are likewise confused how companies like Valeant can boost the prices of their drugs anywhere between 90% and 2300% in 2-3 years, and get away with it without nobody noticing...

... also keep reading the above letter until you finally get it.

h/t @JeffreyTetrault

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BullyBearish's picture

Same as the water company..."since mandatory conservation was so successful, we must raise rates"...and then, when the drought is over, "please feel free to use as much water as you want" the higher rates of course...

nuubee's picture

Actually, the surprising thing on that chart is how low their increases actually are considering the amount of market power they bought for themselves.

NoDebt's picture

Adverse selection's a bitch, isn't it?

nuubee's picture

The level of actual research into the side-effects of some of these drugs before they get approval is on-par with high-school science projects. No, I'm not a biochemist myself, but I am a physicist/engineer and I have friends who work as drug researchers in big pharm. These people tell me straight out, "Do not use any drug that hasn't been on the market at least 30 years, tell your doctor you reject their suggestion."

max2205's picture

hope and change....nope

if you like your moar

froze25's picture

I have heard the same thing.  There is a lot of money in those little mind control pills, excuse me, pills to treat "illnesses".

weburke's picture

the drugs are trying to do the jobs that vegetables do.  enzymes. fresh fruits and vegetables. ginger for cancer.

Stuck on Zero's picture

You are absolutely correct weburke.  We'd be collectively better off if the drug companies raised their prices to infinity.

asteroids's picture

Folks, this is just the Oligarchy extracting capital from Baby Boomers. The jackals dream up plans of feeding off of the largest and richest demographic groups than can afford to pay. Obozo care is  a mandatory "forced" tax. I'm amazed you Amerikans haven't revolted because of it. These vampires will feed off you sheeple until you are six feet under and then they'll go after your kids and grandkids.

Richard Chesler's picture

To anyone who believed in a single word of Obozocare,



N2OJoe's picture

The point ----->


MontgomeryScott's picture

NO! You are missing the POINT (not QUITE on target).






"Triumph Fight The Good Fight. Wake Up, World." (schwboll)

THAT's some cryptic stuff...

The Prozac meds are wearing off, and I gotta go re-up my scrip now.

Skateboarder's picture

60% - the public will take it up the pooper with minor complaints.
100% - the public will take it up the pooper with major complaints.
1000% - you pay the gubbamin license and maintenance fees to use your pooper.

There was definitely a panel that found the "optimal" milking rate hike as 60% without giving leeway into public opinion the ridiculousness of the scam that is insurance.

Ignatius's picture

Woohoo! I'm gonna live a 60% longer life!

50 extra years with a limp dick, just think of it!

Whodathunkit's picture

I heard Obozo care pays for a stiff dick pill. WooHoo

A Nanny Moose's picture

Living longer might mean more time over which to collect premiums. Unfortunately many are living longer, in a state of "chronic dis-ease." There is too much money to be made in rent seeking, to motivate anybody to cure things like (type II Diabetes...a result of the USDA and its fucking food pyramid.)

froze25's picture

Predators eat protein, prey eat grains.  Choose wisely.

Miffed Microbiologist's picture

Conservatively speaking, diabetes accounts for about 75% of my work. An infected toe can get a patient in ICU for weeks often times resulting in amputation. I've had a patient get stuck by a palm on her ankle and they amputate her entire leg after 3 weeks. She had 4 bacterial and 3 fungal species growing aggressively, unstoppable even with very strong antibiotics. This is not unusual anymore. High blood sugar is a microbial culture media.

The sad thing is most of this is preventable. If people would decide to stop shoving crap in their faces, turn off the tv and go outside and get some exercise their lives would improve incredibly. I frankly don't get why they have no motivation to do so and rather get their appendages whacked off. I guess if you have a tv remote nothing else matters.


overmedicatedundersexed's picture

miffed, you know why the syndrome x crowd gets that's why we all post here ..the end of the world comes in a .gov handout twinkie.

overmedicatedundersexed's picture

for Miffed:

Emerging evidence ties endocrine-disrupting chemical exposure to two of the biggest public health threats facing society - diabetes and obesity, according to the executive summary of an upcoming Scientific Statement issued today by the Endocrine Society.

The statement's release comes as Society experts are addressing a global meeting, the International Conference on Chemicals Management (ICCM4), in Geneva, Switzerland, on the importance of using scientific approaches to limit of EDC exposure.

The statement builds upon the Society's groundbreaking 2009 report, which examined the state of on endocrine-disrupting chemicals (EDCs) and the risks posed to . In the ensuing years, additional research has found that exposure is associated with increased risk of developing diabetes and obesity. Mounting evidence also indicates EDC exposure is connected to infertility, hormone-related cancers, neurological issues and other disorders.

Miffed Microbiologist's picture

This is hot stuff. I've been reading about this. When BPA broke I knew this was just the beginning. Just like when trans fats finally got recognition as causing MORE heart disease than regular butter and they had been pushing margarine as a substitute for 30 years. I have friends that say " oh, I switched to the non trans fat margarine so it's ok". I've read the chemical they have switched to may not be any better than the original but they need years to prove it. So, once again, Americans volunteer to be guinea pigs.

My rule of thumb. Any processed food made by a big corporation is probably not going to be good for you. BPA is in 75% of canned food too. The assholes have got it everywhere. This leeches into water ways. There is no way to filter out hormones and these chemicals from public water cheaply.

I believe they are correct it has a part in this obesity epidemic. Since the use of the Pill and estrogens used in fattening beef, we've had an explosion of environmental estrogens and estrogen mimicking chemicals. My old boss wanted to study this at Salk but was denied funding and told never to pursue this again. Obviously, they didn't want to risk the consequences if he found out something that would affect big Pharm or Chemical's bottom line.


insanelysane's picture


As a fat person I love hearing that the "cure" to being fat is to eat healthy and exercise.  Well the cure to heroin addiction is to not shoot heroin, the cure for depression is to be happy, and the cure for ADD is to pay attention.  It's easy.  As a fat person I have no problem not shooting heroin, no problem being happy, and no problem paying attention so why is it difficult for all of these people on heroin/methodone, anti-depressents, and whatever the anti-ADD drug of choice is now???

MontgomeryScott's picture


You're not addicted to Heroin, and you have the ability to pay attention; AND, you're happy as well. GOOD FOR YOU.

I hear that eating too much, or eating the wrong foods, makes you fat (that is, if you don't have a pre-existing externally-caused condition within your body that makes you this way).

I eat lots of beef and chicken and eggs and salted butter and potatoes and onions and tomatoes and garlic and and lettuce and REALLY RICH FOODS, and drink pure artesian deep-well water (from my well), and lots of WHOLE milk, and should be a PORKER (but I also work, you know; WORK, physically as well as mentally). NO PORK, though. That shit makes you FAT and POISONS your body. NO processed snack foods, no High Frutcose Corn Syrup, NO artificial sweeteners, NO artificial colors, NO fucking McDONALD's!

IF I was FAT I would get depressed because I was unnatractive. I might resort to pharmacological answers, going so far as to use Heroin and smoke (GASP!) Mary-Jane. Sitting in my Barcalounger eating Doritos and Cheetos and watching Foozeball, I would finally sign up for free O-care, and try to get a Prozac Conscription, and bitch because my long-term SSI benefits didn't cover my cable bill. I'd laugh at myself in rememberance of 'a jolly old man who's belly shook like a bowl full of jelly' every 25th of December. Every morning I'd be working on breathing exercizes in order to sit up in bed. I'd look back fondly on the time when I used to be able to see my penis. I'd laugh at the re-runs of 'Austin Powers' (because 'Fat Bastard' actually looks 'fit' to me). Planning for the future, I'd log on to mortuaries and look for the link to caskets the size of Grand Piano cases.

BUT: Because most people are HEALTHY, and WORK for a living, THEY (US, WE, THE OVERWHELMING MASSES) are forced to see THEIR insurance rates DOUBLE (or more), while sick, fat, avorous people get the shit for FREE.

I'm seriously GLAD that you are FAT; and HAPPY (at the same time).

I'm happy that I'm FAT (in the places that count). FAT, and LONG, as well. In ye olde days, this was called 'thick'.



MisterMousePotato's picture

Well, you know ... it's not entirely revolting (the idea of Miffed wacking your appendage off).

WillyGroper's picture

DES is a dandy too.

Bruce Jender confusion anyone?

Miffed Microbiologist's picture

That is one awful drug. They have found multigenerational cancers in both men and women from that shit. Thank God my mother refused to take it when they prescribed it for her. She told me " something about taking a hormone didn't seem right".

Sometimes having a stubborn cynical asshole for a mother is a good thing.


WillyGroper's picture

My understanding is not only cancers but a deformed uterus in offspring rendering them barren.

What a boon for fertility clinics.

They're giving it to the livestock.

Anyone eating industrial food is unknowingly taking it.

Little boys sterile, little girls puberty at age 5.

Everything engineered for profit off the back of misery.

Your mom had some good spidey senses when it came to bullshit.  ;)

A Nanny Moose's picture

"If man made it, don't eat it." - Jack Lalanne

Almost Solvent's picture

"I frankly don't get why they have no motivation to do so . . ."

I can't speak to the socio-economic life of this specific patient, but I see many in the lower tiers of our society basically give the fuck up on life. Not like, I'm going to shoot myself in the head, but rather I'm going to take the path of least resistance.

As long as the EBT cards work, and Section 8 pays the rent, and Sugardaddy Sam gives out the $$$$ Earned Income Refundable Credit every year - nothing will change. And frankly, why would it? Not that most of us here see any real existence in such an arrangement, but there are millions out there who do. And know they can go to the ER for 'free' whenever they want.

still kicking's picture

Generally I agree but I'm a type 2 I lift heavy 3 days a week and do either high intensity cardio or slow cardio 2-3 times a week and then play with my kids on all of the days and I can barely keep my shit in check.  I don't eat baked chicken and vegetables every meal but it's along those lines 70% of the time, sometimes you are just destined to lose.  I'm 39 and I figure by 55-60 I'll be done for but till then I'll give it all I've got.

Christophe2's picture

You should definitively check out Rick Simpson Oil, which is a widely reputed 100% cure for severe diabetes (in addition to curing cancer + many other things)...

A small (home-made) 1 month RSO treatment cured me of my athma, my allergy to cats (strangely enough), my 10+ year old achiles tendon injury, and a few minor issues.  I don't doubt that if I had cancer or diabetes, it would have helped a lot with that too.  It is the most amazing stuff.

Miffed Microbiologist's picture

My naturopath has several patients like you. He told me the lean, in shape type 2 diabetics are extremely difficult to manage. Fortunately they are rare. He has a whole protocol for them. May I suggest alternative medicine? It has changed our lives.


still kicking's picture

Absolutely, do you have any alternatives in mind?  I self medicate with several supplements to keep whole body inflammation down such as resveratrol, milk thistle, cinammon, tumeric and lots of vitamin C.  I was on Vit E but my doctor discouraged it due to some studies showing potential heart problems.  I may get back on it as that was when my numbers were at their best.

Miffed Microbiologist's picture

I'll get back with you when I get home. The vit E studies that showed heart problems was with synthetic Vit E. Natural is far better but you should be careful with fat soluble vitamins with the exception of D( I take vit D with K2 derived from natto). You can take too much vitamin A and E.


FreedomGuy's picture

Saw palmetto has good data for guys, too. It's standard therapy in some European countries.

I am a limited fan of the claims of supplements. It is not because I think they are false. It is because they come heavy with claims and testimonials and theory and not a lot of mathematically sound studies. Some do and those I believe in. Also, there are often trade-offs and variables that are not analyzed. I can tell you stories of supplements gone wrong, too. When you eat a root, you are not eating one chemical. You are eating many depending on how far you want to go. If it is not a staple, like broccoli then you are in unknown territory. The pop supplement of today is often gone tomorrow. 

However, there really is not down side whatsoever to eating healthy with a little common sense. You really cannot go wrong with organic or fresh or whole or basic things we know we are made to eat. 

The flip side is that you can actually and inadvertantly sensitize yourself to something by avoiding it. Allergists now recommend early and regular exposure to peanuts to desensitize kids. If they avoid them they increase risk of severe peanut allergies. It can be the same with gluton or most anything else. It is an interesting problem of modern society as we can eat many foods now we did not grow up with, as well as avoid many. If you were Thai you would grow up eathing their foods. You'd get sick if you ate a heavy fried and cheesy southern dish, but not the southerner...well, not in the short run. 

My basic premise is to read carefully, not just testimonials but actual quantitative research with either placebo's or comparitors. Then there is your own constitution and what works for you. You might actually be a gluten sensitive person.

I am eating turkey chlli with crackers as I write this. 

Jena's picture

You might look into quercitin as another possible overall anti-inflammatory agent. It is usually packaged with bromelain (another anti-inflammatory) and between the two, they can interactact with some drugs so check it out before taking.

still kicking's picture

Thanks for the suggestions, I will look into them.  Honestly I trust animal treatment studies more than human doctors, my BIL is a vet and confirmed they treat dogs with milk thistle all the time my doctor and most MD's I've read think it is bunk since Merck didn't recommend it. 

DirtyHowi's picture

as a diabetic, i can tell you its not all lifestyle, ate right, exercised and this little thing called crappy genes did it to me.  I take no medicine, A1C is nominally pre-diabetic every 3 months. DX was a 6.3, past 2 years kept it at 5.7/5.9 ish.


what i dont get is how a guy who is in somewhat reasonable shape (hey pears a shape) gets this while the 300lb porker at the buffet eats whatever he damn well wants.  THAT will piss you off.


Cest la vie, Cest la guerre, Cest laAmore

Miffed Microbiologist's picture

My husband discovered during a routine check up he had fatty liver. He was 25 lbs over weight and once he lost it, his liver enzymes resolved. I was nearly 40lbs over weight at the time and I didn't have it. Pissed him off to no end. But it was a good reason for both of us to lose the weight.

Looking back, when we were both so fat, we had two little kids and both of us were working full time with no extended family for support. I was working a killer 10hr graveyard shift so I could be with them during the day and my husband would come home early so I could get some sleep before going to work. We relied on convenience foods to get by and rarely got enough exercise.

These were the toughest years of our marriage but we stuck it out. I have such empathy for young families today with no one to help. Seeing such narcissism today make it even more tragic for the kids.


WonderDawg's picture

Narcissism is the zeitgeist of the 201X's. I'm simultaneously shocked, baffled, and depressed by the shameless narcissism on display pretty much everywhere you go.


boattrash's picture

You're so right. I still can't understand why, when this kind of shit happens, people don't just cancel their policies.
If these bastards saw that they had NO customers, their damned premiums would soon look like a Dollar Store Clearance Sale.

azusgm's picture

If a refusnik movement got underway, being uninsured or ACA noncompliant insured would become a felony. Being overinsured would gain you a Cadillac tax for being an elitist.

boattrash's picture

I currently have Blue Cross. If I get notice of a 60% increase, I'll cancel.

My ultimate insurance is .45 cal.

Always save the last one for yourself, problem is, I have many, many, to send first.

DirtyHowi's picture

150,000 rounds....i call it a decent start.

Whatta's picture

dude we had BCBS of TX. They cancelled our plan (thanks to "if you like your plan you can keep it" ASSHOLE OBAMA), and forced us into increasingly expensive plans untilwe said enuf!!!!

We ditched their system and opted into a nonprofit healthcare cost sharing plan (one of the plans that got an exception from the obama POS.)

It's TONS cheaper and well rated and growing as people ditch Gubermint dictate.

Winston Churchill's picture

My choice also.

After contracting osteomyolitis after a routine stent implant.

Rather eat my gun than go back into a US hospital.Safer in an Indian public hospital

than in "the best medical system in the world".


MontgomeryScott's picture

I feel truly sorry for those who think that a 'stent implant' is 'routine'. A 'simple fracture of the ulna', well, THAT might be 'routine'; cutting into the living human body to open an artery that goes into/from the human HEART and placing an artificial duct within isn't quite as 'simple'.




They are 'PRACTICING PHYSICIANS', in fact.

I see lots of people bitching about 'incompetent mechanics', but DOCTORS only have ONE MAKE and TWO MODELS to 'PRACTICE' on.

Once those 'doctors' graduate, let me know (I don't want to be a guinea pig to be 'PRACTICED ON').

'Hello. This is BILL from BOMBAY, and I will be your practicing physician. Mary from Mombay will be the head nurse in this procedure. Breathe deep, and don't worry...'

YOU caught STAPH infection.

Of course, in India, Staph has been eradicated (?). Here in CONUS, we import it in order to try to bring everyone down to an 'equal playing field'.

You are a DIPSHIT. Speaking of 'DIPSHIT', I hear that the River Ganges is as clean as it gets, and you should go drink the water there (it helps with STAPH infections).