Another ACA time bomb: employee dumping.

[Clocker]

A lot of large companies run self-insured health care plans for their employees. A few employees with expensive, chronic health problems can be very expensive for the company.

Corporations and benefits consulting firms are looking at ways to move targeted employees to the ObamaCare exchanges. This can save the company a lot of money, and can benefit the employee, such as if the company pays for a platinum ACA policy that provides better benefits than he or she currently gets from the company. Targeted employees will have further incentive to move if the company narrows its network or increases its out of pocket costs to the employees.

This shifts the costs from the company to the exchange insurance company, meaning higher premiums for the young and healthy and/or more subsidies from the government.

More unintended consequences we had to pass the bill to find out about.


Story here. (http://www.thedailybeast.com/articles/2014/05/07/hold-onto-your-health-care.html)

[Tom]

It as always about money and power, and this is how you get it - dependency.
It was NEVER about health care.

[LottaKash]

It as always about money and power, and this is how you get it - dependency.
It was NEVER about health care.

It is about going from "pink" to all out "RED"....:eek:

[NJ Stinks]

It was NEVER about health care.

Obviously, it was never about your healthcare. :rolleyes:

[mostpost]

Obviously, it was never about your healthcare. :rolleyes:
Have you noticed what is happening? Obamacare opponents most something bad that is going to happen in the future because of Obamacare. When that something bad does not happen, they move the goal posts. Instead of the disaster occurring in January 2013. it will happen in July of 2013. Didn't happen then? Disaster will surely reach us in January 2014. Everything is fine in January 2014? Hey, we meant July of 2014.

We have been hearing since 2012 and earlier that companies would be dropping insurance, but more people are covered under employer provided insurance than ever before.

We heard that there would be double digit and 30 to 40 percent increases in premiums. Yet premiums increases were at the lowest level in years in 2013 and actually went down in January of 2014. Now we hear that those increases will occur in late 2014 or early 2015.

We heard that everyone would be working part time so that employers would not have to provide health care. What really happened? The ACA went into (almost) full effect in January 2014. In December 2013 5.1% of all workers were working part time. In April 2014 that number had dropped to 4.8%.
Undoubtedly all those companies will initiate those reforms later this year. :rolleyes:

Then we had the opening of the exchanges. That did not go well for a long time and Republicans jumped on that misfortune and predicted that we would be lucky if 2M signed up on the exchanges. When enrollments surged and more than 8 million signed up the narrative changed again. Nobody is going to pay, they said. Using months old data they claimed that half or less had actually paid for the policies they signed up for. Administration claims that eighty percent had paid were scoffed at.

Well, yesterday executives from the major insurance companies testified before Congress. Some, although not all testified that, indeed they had received payment from eighty percent of their customers. Some of the insurance executives did not testify that they had received payment from 80 percent of their customers. They testified that they had received payment from 90% of their customers. But they were undoubtedly all lying.

[Clocker]

Have you noticed what is happening? Obamacare opponents most something bad that is going to happen in the future because of Obamacare. When that something bad does not happen, they move the goal posts. Instead of the disaster occurring in January 2013. it will happen in July of 2013. Didn't happen then? Disaster will surely reach us in January 2014. Everything is fine in January 2014? Hey, we meant July of 2014.

This phenomenon is of course totally unrelated to the fact that the administration keeps moving the effective dates of the individual mandate and the employer mandate and any other requirement that would be politically damaging whenever they happen to notice that there will be an election within the next 12-16 years.

[davew]

Have you noticed what is happening? Obamacare opponents most something bad that is going to happen in the future because of Obamacare. When that something bad does not happen, they move the goal posts. Instead of the disaster occurring in January 2013. it will happen in July of 2013. Didn't happen then? Disaster will surely reach us in January 2014. Everything is fine in January 2014? Hey, we meant July of 2014.

We have been hearing since 2012 and earlier that companies would be dropping insurance, but more people are covered under employer provided insurance than ever before.

We heard that there would be double digit and 30 to 40 percent increases in premiums. Yet premiums increases were at the lowest level in years in 2013 and actually went down in January of 2014. Now we hear that those increases will occur in late 2014 or early 2015.

We heard that everyone would be working part time so that employers would not have to provide health care. What really happened? The ACA went into (almost) full effect in January 2014. In December 2013 5.1% of all workers were working part time. In April 2014 that number had dropped to 4.8%.
Undoubtedly all those companies will initiate those reforms later this year. :rolleyes:

Then we had the opening of the exchanges. That did not go well for a long time and Republicans jumped on that misfortune and predicted that we would be lucky if 2M signed up on the exchanges. When enrollments surged and more than 8 million signed up the narrative changed again. Nobody is going to pay, they said. Using months old data they claimed that half or less had actually paid for the policies they signed up for. Administration claims that eighty percent had paid were scoffed at.

Well, yesterday executives from the major insurance companies testified before Congress. Some, although not all testified that, indeed they had received payment from eighty percent of their customers. Some of the insurance executives did not testify that they had received payment from 80 percent of their customers. They testified that they had received payment from 90% of their customers. But they were undoubtedly all lying.


All I have noticed is all the lies coming from the white house and more money they are spending on stuff not working. The metrics keep changing as they tout the phenomenal success in their own minds. It will not be long until we hear there are over 300 million people with insurance in USA because of Obamacare.

[Clocker]

All I have noticed is all the lies coming from the white house and more money they are spending on stuff not working. The metrics keep changing as they tout the phenomenal success in their own minds. It will not be long until we hear there are over 300 million people with insurance in USA because of Obamacare.

As mentioned, the administration keeps unilaterally and illegally delaying implementation of such aspects of the law as the employer mandate. These provisions were designed as major sources of funding for the program. Without them, the burden falls on the American taxpayers to bail out insurance companies that are not getting their projected revenues.

But those are just messy little details that don't prevent Obama from pointing to a bogus 7.1 million sign-up number and declaring "Mission Accomplished".