Re: The big Obamacare thread.
GM has always had insurance. They are union ran
Kemp currently not being responded to until he makes CONCISE posts.
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Imperial Forum → Politics → The big Obamacare thread.
GM has always had insurance. They are union ran
Oregon Robocalling people warning them they wont have coverage
About 1 million have 'selected' health care plans, where 55 million have lost insurance.
The selected word is highlighted because it is not expected, by a large margin in Republican circles, that many of these will actually have paid in time to have insurance at the Start of the Year.
I predict about 200k people will have paid, those being the medically worst case patients for insurance.
Republican pundits use two quotes (generally), death spiral and insurance bailout.
5 million (or 55 million if Trump is to be believed) people have had their policies canceled.
1 million people signed up in time for the end of the year.
Net loss of 4 million insured.
no clue how many of those 1 million actually made a payment.
http://money.msn.com/business-news/arti … d=17222211
"Such captive insurers can be set up with minimal disclosures and lesser amount of assets to back up these policies than the insurers themselves. Some insurers use captives to help consolidate their hedging of the risk in minimum-income and other guarantees sold on variable annuities, the report said."
Hmmm, well according to this, the insurance companies are still using Hedge funds in order to take risks. Most of these captives are basic units filled with insured policies that have a higher health risk. These units can then be spun or sold by bulk to other insurance agencies. The "Higher cost" is usually nothing more than the original company taking a % of payment still, while allowing the new insurer to pick up the rest of the payment.
Metlife sells the policy to Bumschmuck insurance. The paper will show Metlife as the original insurer, even though the vast payment made will go to Bumschmuck because their the one's now taking the risk. Sadly, this is done by all insurance companies. Hence, the term captive.
Well they talked how they were going to target insurance companies.
The "General" in Oregon is a front for Geicko, in this regards. They do not have enough policies here to become a formal insurance carrier in Oregon, so they front it to another while they build brand loyalty and numbers. How else are they to expand when a pool must number in the tens of thousands to start becoming viable in car insurance?
It is similar in Health Insurance.
The General is a front as a money laundering for illegal activities of drug runners. Couple of the past NCO's of the companies had direct links to mafia lead groups out of Las Angeles.
Key, the ACA was written by huge insurance companies. Your problem with insurance companies is a problem with the ACA.
It's the ACA and other government laws shutting down competition (in addition to the already huge cost of entry into the field) making insurance more expensive and less efficient.
Giving corrupt government, owned by the same banks that own huge insurance companies, more control over the industry just makes problems with insurance companies worse. You have a problem with current insurance companies? Me too. But giving the same corrupt government that enables them to do bad things more power makes the problems worse, not better.
It was not written by insurance companies, they are getting [w00ps] by it.
It gives them more customers by penalty of federal fines. It forces them to overcharge customers, making them purchase coverage for things they cannot possibly need.
They lobbied to get it passed.
They made political contributions to the legislators who passed it. Many are owned by the same international banks who own the majority of our legislature.
It siphons more money from the private economy, aka the middle class, and gives it to the wealthy owners of big banks, big insurance companies, and big government.
They wrote it.
Funny since their profits are capped but losses are not
Their profits are not capped. They are required to spend X% (80% in 2014 for individuals/small groups, 85% for large groups? the specific figure does not matter) of their collected premiums on medical services. It's a 15-20% cap on overhead costs. Which, of course, wouldn't be an issue if our government already didn't support monopolies and allowed for free market competition keeping costs (and overhead) down.
Insurers are already coming up with all kinds of administrative costs that they can legally claim are patient care and count toward this percentage.
Waivers for this requirement have already been granted for some states, denied for others, and are undecided on for others. Hurray for more executive power.
The constitution does not give the federal government the power to limit the amount of a profit a private corporation can make.
What this does is reduces profit margins (Premiums collected over the amount allowed must be rebated to customers) and endangers more private companies in insurance markets (already limited in number by a high cost of entry) of going bankrupt, even if they provide lower-priced plans than their competitors and their customers are happy.
Insurance companies already have much lower profit margins than many dozens of other types of businesses.
What you call a cap on profits is not a cap on profits but a way for government to stiffle the market even more; until it's completely broken, and the endless-money-printing US government can take over the whole thing.
Obamacare not able to be updated for babies on Government side.
Thousands of people are finding it impossible to determine if they are in fact covered by Obamacare as they go for treatment. More so there are many who are finding the deductible to be tantamount to paying for everything out of pocket. Some regions are desperately short of specialists in certain fields who are under ANY Obamacare plans with 1 per State in several cases.
6.3 million people have lost insurance under Obamacare and not regained it
Maryland suffering severe issues, Oregon still not up and running, Colorado numbers show program there is unsustainable.
Washington Post fact checks itself, finds that the claim of 4.1 million new medicare enrollees is bad science. They forgot to account for people who normally would come on to the rolls.
After checking with the numbers they determined about 200,000-300,000 people had signed up for the new medicare expansion where most had just been of age already.
says all the States, Agencies, and Companies reporting.
Go figure, people who are healthy and take care of themselves don't want to sign up to pay for health care they most likely never use.
That's right. I don't want to subsidize Einstein.
Target drops coverage for part time employees
Timing is especially nasty as April 1st is when they drop coverage.
From the article Einstein links to above...
“The Health Insurance Marketplaces provides new options for healthcare coverage that we believe our part-time members may prefer,” she wrote. “In fact, by offering them insurance, we could actually disqualify many of them from being eligible for newly available subsidies that could reduce their overall health insurance expense.”
Kozlak added that at present, fewer than 10 percent of part-time employees that are eligible have actually enrolled in the company’s healthcare plan.
“Our decision to discontinue this benefit comes after careful consideration of the impact to our stores’ part-time team members and to Target, the new options available for our part-time team, and the historically low number of team members who elected to enroll in the part-time plan,” Kozlak continued.
I find this telling. ONLY 10% of the eligible employees signed up for the insurance!!! That translates to 90% of the employees NOT WANTING TO PAY FOR INSURANCE! Well now those 90% (who are part time workers) that probably struggling to make ends met must now buy insurance or pay a fee instead of purchasing food or paying for rent
.
yup.
My job provides insurance, I would rather have an increase in pay.
http://news.msn.com/us/poll-finds-drop- … sured-rate
If this keeps up, you might not have anything to argue about in another four years.
Regardless of how many welfare bums it promises medicaid to (who can't find healthcare with their crappy government "insurance"), it's still garbage legislation which hurts everyone.
By the way, when a company goes bankrupt, it's market-share doesn't magically disappear. Its competitors... nevermind.
Whether trolling or retarded, too dumb to respond to. Stop speaking in public. You're embarrassing yourself, your family, and your people.
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Again, your not providing proof of ANYTHING. Your not "showing your work". Your doing nothing but insulting anyone who posts a seperate theory or idea, that disagrees with you.
So in essene, the only thing you've done in a total of five seperate threads is lambast other peoples intelligence.
This is starting to show that you dont' give a damn about the arguements or the threads. The only thing you've shown a prevailant action is to insult other people in almost every other post, if not every post you make.
Are you going to post links? Argue your side of the table?
If anything your only posting different way os attempting to piss people off enough to attack you on a personal level.
Spock, I don't think you have proof of anything, or an arguement, or a theory. This tells me, you don't even know how to debate a proper subject.
Debate the issue. Bring the links, bring the arguement.
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