obama care

https://www.tnvalleytalks.com/t...thcare-aka-obamacare

https://www.tnvalleytalks.com/t...e-working-as-planned

Probably the biggest reason for the massive rate increases this year is the fact that the system was designed to only cover O'bama's heiny while he was president. Two of the three "risk corridor" slush funds disappear next year and the remaining one can't cover the losses incurred by the insurance companies. 

Also I suspect that the system was designed to eventually fail and be replaced by a single payer system; perhaps even a mostly governmentally owned health care system. One thing about the left, they excel at fail.

In other words, y'all don't have any idea what the premiums versus payouts are.

jtdavis posted:

I just listened to part of one of Trumps speeches. He's gonna repeal and replace Obama care. Now, some insurance companies are getting out and others are announcing price increases and deductables are increasing as much as over 100%. Trump says we have to have competition. He will allow insurance companies to cross state lines. This will cure 100% rate increases and rising deductables???????? 

Has anyone checked the amount of premiums paid in and the amount of claims paid out? Has executive pay and bonuses gone up? Did the amount of claims get misestimated? What is the real problem

The question should be addressed as the plural "What are the real problems?". Insurance company profits and expenses are also capped so if they were actually profitable, they would not not actually be making that much profit as compared to other corporations.

Several of the problems are related to making one-size-fits-all plans, and other problems come from the fact that healthy people are punished for being healthy; they just won't get any benefit from the plans, so they pay the tax for being healthy. Without those healthy young people in the plans, all those low income subsidized obese chain smoking people with major health problems bankrupt the plans.

jtdavis posted:

In other words, y'all don't have any idea what the premiums versus payouts are.

Medical Loss Ratio / 80/20 Rule – Insurance companies have to spend at least 80 percent of premium dollars on claims and activities to improve health care quality. 85% in large group markets.

 http://obamacarefacts.com/obam...e-review-80-20-rule/

Is this what you won't look for? Insurance companies have to pay salaries and other expenses out of the remaining 15 to 20% before investors are paid, assuming there are any profits which appears there aren't. Even before Obamacare, health insurance wasn't a terribly profitable business:

https://www.quora.com/Obamacar...llout-Struggles-2013–14-Does-the-ACA-cap-profits-of-insurance-companies

"Is this what you won't look for"?

Typical Jt. He won't look, and when anyone else posts info he starts arguing with them. 

BCBS is a not for profit so income will be small. They have been cited for holding too much cash on hand.  However, Obamacare is a major reason for that.

direstraits posted:

BCBS is a not for profit so income will be small. They have been cited for holding too much cash on hand.  However, Obamacare is a major reason for that.

Actually some are for profit:

Anthem Inc. is an American health insurance company founded in the 1940s, prior to 2014 known as WellPoint, Inc. It is the largest for-profit managed health care company in the Blue Cross and Blue Shield Association. It was formed when Anthem Insurance Company acquired WellPoint Health Networks, Inc., with the combined company adopting the name WellPoint, Inc.; trading on the NYSE for the combined company began under the WLP symbol on December 1, 2004. On December 3, 2014, WellPoint changed its corporate name to Anthem Inc, and its NYSE ticker changed from WLP to ANTM.^[3][4]

^{https://en.wikipedia.org/wiki/Anthem_Inc.}

Typical Jt. He won't look, and when anyone else posts info he starts arguing with them. 

Gifted, in other words, you and  I don't know the answer. We admit it, these others won't admit it.

"Blue Cross and Blue Shield of Alabama (BCBSAL) is a nonprofit health insurance company headquartered in Birmingham, Alabama. The company was founded in 1936, provides coverage to more than 3 million people and is a member of the Blue Cross and Blue Shield Association (BCBS). BCBSAL employs nearly 4,000 people, which includes almost 3,000 people at its corporate headquarters in Birmingham. The company also operates Cahaba Government Benefit Administrators and Cahaba Sa***uard Administrators, both headquartered in Birmingham."

https://en.wikipedia.org/wiki/...ue_Shield_of_Alabama

Applying for any insurance coverage more than 31 days after the insured was eligible for coverage.

Applying for insurance amounts in excess of the amount guaranteed to be issued under the employer’s insurance plan.

Applying for coverage designated by Anthem Life as requiring medical information or other information within the medical section to be completed for purposes of approving or denying benefits and/or setting premium rates.

Applying for insurance coverage within 31 days of the insured becoming eligible for coverage.

Applying for insurance amounts within the amount guaranteed to be issued under the employer’s insurance plan.

Applying for individual whole life insurance due to termination of employment.

https://www.anthem.com/wps/por...co&label=Alabama

Loepp ceo of bcbs received $9 million in total compensation for 2015, up from $7.4 million in 2014. including a $6.1 million for losing money in 2015, but doing good in 2014. in 2014 his bonus was $4.8 million. it may not be 'for profit'.. but, some people are sure making a killin'.

It's all bad and it's the Democrats fault with one exception.  IF ONE MAN DID HIS JOB then the problem would have been remedied and that man is John Roberts who resurrected, created, a way for Democratic healthcare to be found to be constitutional and that was to label it as, call it, define it, as a TAX, plane and simple.    

Constitutionally there is NO WAY that the Constitution (or the founders) ever would allow the Federal Government to have this kind of control or be able to force or tell American citizens to buy anything, insurance, food or whatever but that's essentially what this bill does.   Also because the politicians took care of all their fringe groups in the bill you have all insurance companies who are forced to provide payment for abortions, sex change operations, and the like for everyone.  Yes there are some honorable parts like seeking to maintain insurance for children who live at home until 27 (something that is here because of such a bad economy for most kids after 18 WANT TO BE GONE from mom and dad).  It's also honorable to want to cover people with such devastating long term illnesses such as cancer or other major problems but IT IS NOT THE GOVERNMENT's PLACE to FORCE Insurance companies or nay business to provide coverage for anyone or force anyone to buy a product. 

Chief Justice Roberts FAILED in his Job, in order to be political so it's not all the Democrats fault but Robert's would have never had anything to rule on IF not but for the democrats.  IF they saw a problem with a minority of people, not having insurance, then address it for the minority, make changes for a select few, fund for a select FEW but don't go affect and make changes for the WHOLE OF SOCIETY and all America.

Excuse me!  I am WRONG!  I said they forced changes on ALL Americans and that was wrong because THEY EXEMPTED THEMSELVES and their employees from complying with this law.  That should tell you everything you need to know about it.  They should all pay a political price for their actions.  They should all have their very lucrative retirements rescinded and confiscated and be forced to abide by every law they make rather than being able to exempt themselves. 

jtdavis posted:

Typical Jt. He won't look, and when anyone else posts info he starts arguing with them. 

Gifted, in other words, you and  I don't know the answer. We admit it, these others won't admit it.

No, in other words, since you are unable to comprehend anything, either do your own research or sthu about it, because all you will do is argue when others post the facts.

He will allow insurance companies to cross state lines. This will cure 100% rate increases and rising deductables???????? 

No

Has anyone checked the amount of premiums paid in and the amount of claims paid out?

I'm sure someone has.

Has executive pay and bonuses gone up?

Probably

Did the amount of claims get misestimated?

Possible

What is the real problem

Government interference

Write a 2,000 page law, saying that will fix things and keep it cheap. Add, 10,000 pages of regulations, plus another 2,000 pages recently.  Yeah!  That's the ticket!  Then, one is left with no doubt -- Democrats are full on barking mad!

"What is the real problem"

Democrats.

i wonder what the rate change is for states that did participate in the federal exchange.....

for example.. what's the increase in california vs. alabama. then we'd know who's full of crap and who's just spouting propaganda.

Crash, don't ask what they don't want to bring up

"What is the real problem"

Democrats.

No Gifted, the real problem is greed. The drug companies, the doctors, the hospitals. They all want to soak the system for all they can, not get reimbursed reasonable costs, just charge as much as possible. Then the insurance companies pay what they have to pay and add as much as possible. The one paying the premiums is the one that gets soaked.

See, Best, progs have no idea that reams of regulations must be studied by lawyers and specialists.  Then, translated into actions. And, progs have no idea that those costs accumulate quickly.

direstraits posted:

See, Best, progs have no idea that reams of regulations must be studied by lawyers and specialists.  Then, translated into actions. And, progs have no idea that those costs accumulate quickly.

All they know is the demoslops are gonna give them stuff. They don't care where they get it, or who suffers.

giftedamateur posted:

"What is the real problem"

Democrats.

jtdavis posted:

"What is the real problem"

Democrats.

No Gifted, the real problem is greed. The drug companies, the doctors, the hospitals. They all want to soak the system for all they can, not get reimbursed reasonable costs, just charge as much as possible. Then the insurance companies pay what they have to pay and add as much as possible. The one paying the premiums is the one that gets soaked.

 

 Greed and wanting to soak the system for all they can? Sounds like the demoslop gimmethats and unions.

notice how the facts get ignored and the insults just keep flying... republicans show few facts and lots of propaganda.

Bestworking posted:

jtdavis posted:

"What is the real problem"

Democrats.

No Gifted, the real problem is greed. The drug companies, the doctors, the hospitals. They all want to soak the system for all they can, not get reimbursed reasonable costs, just charge as much as possible. Then the insurance companies pay what they have to pay and add as much as possible. The one paying the premiums is the one that gets soaked.

 

 Greed and wanting to soak the system for all they can? Sounds like the demoslop gimmethats and unions.

"Greed and wanting to soak the system for all they can, (without giving anything in return)? Sounds like the demoslop gimmethats and unions".

"Obamacare is good for one thing. It gives you the incentive to stay healthy".