Tillis: ObamaCare’s New Premium Hikes On North Carolinians Unacceptable | Eastern North Carolina Now

Today, Senator Thom Tillis (R-NC) issued the following statement after Blue Cross and Blue Shield of North Carolina (BCBSNC) announced that its customers covered under the President’s Affordable Care Act will face an average 25.7 percent premium rate increase next year.

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( June 3rd, 2015 @ 12:06 pm )
 
This shows total ignorance of Insurance and the way NC does Insurance under the Commissioner of Insurance supervision!

If Senator Tillis had a clue (which he should have from his NC legislative experience), he would realize:

(1) You can't raise rates in NC without approval
(2) BCBS/NC has major problems with executive pay and negotiations with hospitals where they have used heavy-handed tactics in THEIR favor of profit
(3) Insurance is simply the "sharing of risks" and to do such the company must prove in facts and figures a need to raise their premiums solely due to claims
(4) Mr. Tillis is showing his ignorance of the process and trying to blame National Healthcare by using the flame term---"Obamacare"
(5) I know the system / I see the political ploy / I call "BULLSHIT" on this hand by our new Senator following prejudice over reason in Congress.



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