Thursday, May 26, 2016

ACA-related Spelling Problems [UPDATED!]

Folks keep misspelling "3,000% rate decrease." For instance:

"Most health insurers in Pennsylvania are pressing for double-digit rates increases for Obamacare plan coverage starting in January"

This is unpossible.

Or this egregious example:

"Health insurance industry lobbyist tells me that Blue Cross Blue Shield of Texas will announce a 59% rate increase today for next year."

Sure wish they'd get this under control.

UPDATE: Check out this post at Bob Laszewski's place for the full story of the Empire State's health insurance market travails. Money quote:

"Let me also suggest that people don't pay rate increases--they pay premiums."

Bingo.
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