Wasn't Obamacare supposed to slash health insurance costs?

Big money said:


Employee-benefits consultant Aon Hewitt is forecasting a 6.9 percent increase in overall annual premium costs in next year, with the average total premium cost per local employee reaching $10,777. That includes both the employer’s and employee’s share.






It’s the largest local increase in seven years, up from the 3.9 percent increase this year and 4.9 percent increase last year, according to the annual survey.


Nationwide, employees’ share of health-care costs — including their out-of-pocket costs — is expected to be $4,969 in 2014, up nearly 150 percent from a decade earlier.




http://www.dispatch.com/content/stories/local/2013/11/03/2014-insurance-costs-rising-more.html
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Your link doesn't work.


which likely means you took it from some crap site
 
evince said:
Your link doesn't work. which likely means you took it from some crap site
Click to expand...

My link works fine.

Here's what a link that doesn't work looks like:

Obamacare-Site-Down_lightbox.jpg


Now, that's a crap site..
 
2014 rates have been driven up somewhat by new fees, including a $63 fee per covered person included in the Affordable Care Act.


The fee is meant to help insurance companies pay for high-cost patients who buy insurance policies through government-run marketplaces.


Cost-conscious employers continue to gravitate toward managing worker health through wellness programs; defining how much they’ll contribute toward their workers’ health benefits and having workers buy coverage through privately run health-insurance exchanges; limiting the eligibility of their workers’ spouses to be on their health plan, or charging them extra.


“They’re very concerned about where their costs are today, and they’re very concerned about where their costs are going to be five years from now,” said Jason Beaver, a principal in a health and benefits business.


Employers are also mindful of the eventual impact of the so-called “Cadillac tax,” which takes effect in 2018.


That’s an Affordable Care Act excise tax on high-cost health plans that employers offer — plans with total costs that exceed $10,200 for individual coverage and $27,500 for family coverage.


About 17 percent of organizations have begun to redesign their health plans to avoid the tax...




http://www.dispatch.com/content/stories/local/2013/11/03/2014-insurance-costs-rising-more.html
 
christiefan915 said:
Excuse me, shit for brains. Pittsburgh hasn't had a republican mayor since 1933 and we're doing just fine!!!!!
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The board of the Port Authority of Allegheny County, serving the Pittsburgh metropolitan region, announced that it would have to cut services by 35% — the largest cut ever for the agency — if it is not provided an increase in state aid.


The agency expects that it will have to increase fares and lay off 500 workers.


This comes a year after the agency reduced services by 15%.


The service cuts planned would be, suffice it to say, devastating.


This is in a city where, according to the U.S. Census, more than 25% of households have no vehicle available and almost 20% of workers use transit to get to work — figures that are far higher than the national average or even that of the vast majority of American center cities.


http://www.thetransportpolitic.com/2012/05/06/the-economic-crisis-rolls-on-in-cities-like-pittsburgh/
 
christiefan915 said:
Excuse me, shit for brains. Pittsburgh hasn't had a republican mayor since 1933 and we're doing just fine!!!!!
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After nearly a decade of papering over underlying structural deficits through a series of asset sales, debt extensions, and accounting maneuvers, the severity of Pittsburgh’s financial condition emerged in sharp relief in the summer of 2003.


The City laid off 446 full and part- time employees, including nearly 100 police officers and 24 EMS personnel.


City recreation centers were shuttered, public swimming pools closed, and services from police mounted patrol to salt boxes were eliminated.


In October and November 2003, the City’s credit rating was downgraded repeatedly, leaving Pittsburgh as the nation’s only major city to hold below investment grade “junk bond” ratings.


Absent corrective action, Pittsburgh would have strained to pay its bills through the end of 2004 as it exhausted its remaining cash reserves.


Mounting annual deficits would have grown from approximately $72 million in FY2005 to nearly $115 million for FY2009 alone.


After a petition from the Mayor and a hearing by the Commonwealth of Pennsylvania, in late December of 2003 the City of Pittsburgh entered the state’s Municipalities Financial Recovery Program, known as Act 47.


The depth of the City’s financial problems were described in the independent auditor’s report: “The City’s general fund has suffered recurring losses from operations and has negative net assets that raise substantial doubt about its ability to continue as a going concern.”


With flat revenues and recurring growth in payroll and benefit costs, combined with a significant debt burden, the City’s finances were structurally unbalanced.



http://apps.pittsburghpa.gov/mayor/Pittsburgh_Rescission_Report_Final_11-08-12.pdf
 
Big money said:
After nearly a decade of papering over underlying structural deficits through a series of asset sales, debt extensions, and accounting maneuvers, the severity of Pittsburgh’s financial condition emerged in sharp relief in the summer of 2003.


The City laid off 446 full and part- time employees, including nearly 100 police officers and 24 EMS personnel.


City recreation centers were shuttered, public swimming pools closed, and services from police mounted patrol to salt boxes were eliminated.


In October and November 2003, the City’s credit rating was downgraded repeatedly, leaving Pittsburgh as the nation’s only major city to hold below investment grade “junk bond” ratings.


Absent corrective action, Pittsburgh would have strained to pay its bills through the end of 2004 as it exhausted its remaining cash reserves.


Mounting annual deficits would have grown from approximately $72 million in FY2005 to nearly $115 million for FY2009 alone.


After a petition from the Mayor and a hearing by the Commonwealth of Pennsylvania, in late December of 2003 the City of Pittsburgh entered the state’s Municipalities Financial Recovery Program, known as Act 47.


The depth of the City’s financial problems were described in the independent auditor’s report: “The City’s general fund has suffered recurring losses from operations and has negative net assets that raise substantial doubt about its ability to continue as a going concern.”


With flat revenues and recurring growth in payroll and benefit costs, combined with a significant debt burden, the City’s finances were structurally unbalanced.



http://apps.pittsburghpa.gov/mayor/Pittsburgh_Rescission_Report_Final_11-08-12.pdf
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Thank you. Pittspuke is another mistake by the Lake.
 
Big money said:
After nearly a decade of papering over underlying structural deficits through a series of asset sales, debt extensions, and accounting maneuvers, the severity of Pittsburgh’s financial condition emerged in sharp relief in the summer of 2003.

The City laid off 446 full and part- time employees, including nearly 100 police officers and 24 EMS personnel.

City recreation centers were shuttered, public swimming pools closed, and services from police mounted patrol to salt boxes were eliminated.

In October and November 2003, the City’s credit rating was downgraded repeatedly, leaving Pittsburgh as the nation’s only major city to hold below investment grade “junk bond” ratings.

Absent corrective action, Pittsburgh would have strained to pay its bills through the end of 2004 as it exhausted its remaining cash reserves.

Mounting annual deficits would have grown from approximately $72 million in FY2005 to nearly $115 million for FY2009 alone.

After a petition from the Mayor and a hearing by the Commonwealth of Pennsylvania, in late December of 2003 the City of Pittsburgh entered the state’s Municipalities Financial Recovery Program, known as Act 47.

The depth of the City’s financial problems were described in the independent auditor’s report: “The City’s general fund has suffered recurring losses from operations and has negative net assets that raise substantial doubt about its ability to continue as a going concern.”

With flat revenues and recurring growth in payroll and benefit costs, combined with a significant debt burden, the City’s finances were structurally unbalanced.
http://apps.pittsburghpa.gov/mayor/Pittsburgh_Rescission_Report_Final_11-08-12.pdf
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Props for trying, Big $. Can't win 'em all.

Pittsburgh Ranked Smartest City in America

Standard & Poor's increases Pittsburgh's credit rating to A

30 Years: 'Hell with the lid off' to Most Livable -- How Pittsburgh became cool

National Geographic and Today to name [Pittsburgh] a top world destination.

And:

The nation's fifth-largest bank, nine Fortune 500 companies, and six of the top 300 US law firms make their global headquarters in the Pittsburgh area, while RAND, BNY Mellon, Nova Chemicals, Bayer, FedEx, and GSK have large regional bases that helped Pittsburgh become the sixth-best metro area for U.S. job growth.

Pittsburgh still maintains its status as a corporate headquarters city, with nine Fortune 500 companies calling the city home. This ranks Pittsburgh in a tie for the eighth most Fortune 500 headquarters in the nation.

In 2009, Forbes ranked Pittsburgh as having the second lowest natural disaster risk in the nation compared to other cities.

Several teams are followed widely in the Pittsburgh area, which Sporting News named the "Best Sports City" in the United States in 2009.

The Steelers...and have sold out every home game since 1972.[170] The team won four Super Bowls in a six-year span in the 1970s, a fifth Super Bowl in 2006, and a league record sixth Super Bowl in 2009. Since the AFL-NFL merger in 1970 they have qualified for more playoff berths (25) and have played in (15) and hosted (11) more conference championship games than any other NFL franchise.

Working at the University of Pittsburgh in the 1950s, Jonas Salk developed the first successful vaccine for large-scale immunization against poliomyelitis (a.k.a. polio or infantile paralysis). Also, several types of organ transplants were pioneered in Pittsburgh by Dr. Thomas Starzl beginning in 1983. Pittsburgh's hospitals and universities remain the hosts for some of the premier medical research facilities in the world.

http://en.wikipedia.org/wiki/Pittsburgh
http://www.post-gazette.com/busines...rgh-s-credit-rating-to-A/stories/201306280206
http://www.post-gazette.com/region/...w-Pittsburgh-became-cool/stories/201310200277
http://www.pittsburghmagazine.com/B...3/Pittsburgh-Ranked-Smartest-City-in-America/
 
Big money said:
You were telling us how great Pittsburgh has done since 1933 under Democrats, weren't you?

I guess when the city was forced into the Municipalities Financial Recovery Program they had to clean up their financial act...
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I'm sure we're doing much better than your isolated little hamlet, whatever and wherever it is. U jelly?
 
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