Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board

Go Back   Horse Racing Forum - PaceAdvantage.Com - Horse Racing Message Board > Off Topic > Off Topic - General


Reply
 
Thread Tools Rate Thread
Old 02-05-2018, 05:44 PM   #1
Clocker
Registered User
 
Join Date: Jul 2013
Posts: 17,095
More Federal money for ObamaCare?

The elimination of the individual mandate will likely result in major increases in rates for 2019. Those rates will be made public before the election, and insurance companies will certainly put the blame on the Republicans. Some Republicans in Congress are worried that could hurt their reelection chances, and are working with Democrats to throw some big bucks at the insurance companies to minimize rate increases.

Quote:
The transfusion is expected to be a concoction of two bills. The first, championed by Sens. Lamar Alexander (R., Tenn.) and Patty Murray (D., Wash.), would appropriate cost-sharing-reduction payments to insurers. The second, sponsored by Sens. Susan Collins (R., Maine) and Bill Nelson (D., Fla.), would give insurers an additional $10 billion (and perhaps more) in federal cash.

Read more at: http://www.nationalreview.com/articl...e-back-bailout
__________________
A man's got to know his limitations. -- Dirty Harry
Clocker is offline   Reply With Quote Reply
Old 02-05-2018, 05:54 PM   #2
elysiantraveller
Registered User
 
elysiantraveller's Avatar
 
Join Date: Oct 2004
Posts: 14,036
Quote:
Originally Posted by Clocker View Post
The elimination of the individual mandate will likely result in major increases in rates for 2019. Those rates will be made public before the election, and insurance companies will certainly put the blame on the Republicans. Some Republicans in Congress are worried that could hurt their reelection chances, and are working with Democrats to throw some big bucks at the insurance companies to minimize rate increases.
No one saw that coming...
elysiantraveller is offline   Reply With Quote Reply
Old 02-05-2018, 05:59 PM   #3
chadk66
Registered User
 
Join Date: Mar 2013
Posts: 5,414
guess it's no different than subsidies for those that buy insurance with tax payers money
chadk66 is offline   Reply With Quote Reply
Old 02-05-2018, 06:08 PM   #4
oughtoh
Registered User
 
Join Date: Mar 2017
Posts: 1,032
Our insurance tripled under Obamacare this year and that was with my wife taking a $500 a month decrease in her pay.
oughtoh is offline   Reply With Quote Reply
Old 02-05-2018, 07:27 PM   #5
lamboguy
Registered User
 
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,658
when they get done taking this S+P apart, no one will be able to pay for health insurance. everyone like to take the credit for good things and blame the other guy if it doesn't go right. i blame Hillary.
lamboguy is online now   Reply With Quote Reply
Old 02-05-2018, 10:26 PM   #6
elysiantraveller
Registered User
 
elysiantraveller's Avatar
 
Join Date: Oct 2004
Posts: 14,036
Quote:
Originally Posted by chadk66 View Post
guess it's no different than subsidies for those that buy insurance with tax payers money
It's different because subsidies are still flowing. This is MORE money to help offset the massive premium hikes by failing carriers due to the removal of the mandate.
elysiantraveller is offline   Reply With Quote Reply
Old 02-05-2018, 10:49 PM   #7
Parkview_Pirate
Registered User
 
Parkview_Pirate's Avatar
 
Join Date: Jan 2015
Posts: 1,951
Quote:
Conservatives have long disagreed among themselves on important details, which is why Republican leaders abandoned repeal efforts after last July’s disastrous Senate vote. Members who haven’t given up on repeal continue to argue over the bill’s details. In seeking the optimal politically feasible outcome, they should operate with a sense of urgency and a willingness to compromise.

If they don’t coalesce behind something soon, they will find themselves bystanders as their GOP colleagues link arms with Democrats to preserve and enlarge Obamacare, not to repeal and replace it.
Read more at: http://www.nationalreview.com/articl...e-back-bailout

It's getting more difficult for any politician to convince voters there's any difference between the parties, because well, there's not. They are both out to pick your pockets.

I'm cynical enough to believe removing the individual mandate is simply a method for .GOV to identify the young and/or healthy pool of potential resistors who want to keep more of their earnings, which gets you on yet another "list".

Fun times ahead.
Parkview_Pirate is offline   Reply With Quote Reply
Old 02-05-2018, 11:07 PM   #8
davew
Registered User
 
Join Date: May 2011
Posts: 22,461
Quote:
Originally Posted by oughtoh View Post
Our insurance tripled under Obamacare this year and that was with my wife taking a $500 a month decrease in her pay.
Is that in addition to the 2-3x rate increase over the last 4 years? or did your insurance company not realize they were bleeding?
davew is online now   Reply With Quote Reply
Old 02-06-2018, 12:31 AM   #9
OntheRail
Registered User
 
OntheRail's Avatar
 
Join Date: Aug 2009
Posts: 6,297
Phuck 'em let them cut their pay and bonuses... they post record profits and whine it's not enough. This constant handout shit has to stop. Corporate Welfare plain and simple.
__________________
Remember To Help Old Friends Thoroughbred Retirement Center.

Last edited by OntheRail; 02-06-2018 at 12:32 AM.
OntheRail is offline   Reply With Quote Reply
Old 02-06-2018, 12:49 AM   #10
davew
Registered User
 
Join Date: May 2011
Posts: 22,461
Quote:
Originally Posted by OntheRail View Post
Phuck 'em let them cut their pay and bonuses... they post record profits and whine it's not enough. This constant handout shit has to stop. Corporate Welfare plain and simple.
... but all healthcare related CEOs have multimillion dollar salaries, they need to pay that much to stay competitive with the industry and if they don't pay it the CEOs will go somewhere else....
davew is online now   Reply With Quote Reply
Old 02-06-2018, 12:58 AM   #11
elysiantraveller
Registered User
 
elysiantraveller's Avatar
 
Join Date: Oct 2004
Posts: 14,036
Actually insurance companies have mandated MLRs by law in the ACA. They must hit a 80-85% loss ratio or they have to issue rebates.

The government is going to have to bailout carriers because of the mandate removal... surprised no one on here said that... wait...

Not to get in the way of the YUGE winning going on or anything.

Last edited by elysiantraveller; 02-06-2018 at 01:00 AM.
elysiantraveller is offline   Reply With Quote Reply
Old 02-06-2018, 01:19 AM   #12
Clocker
Registered User
 
Join Date: Jul 2013
Posts: 17,095
Quote:
Originally Posted by OntheRail View Post
Phuck 'em let them cut their pay and bonuses... they post record profits and whine it's not enough. This constant handout shit has to stop. Corporate Welfare plain and simple.
ObamaCare is and always was a money loser without subsidies and mandates. Insurances company rates are regulated by state commissioners, and they are not making obscene profits on OCare. Many insurers have pulled out of the market because they were losing money, even with subsidies and mandates.

OCare is a welfare program disguised to look like private insurance, and it has to be funded like a welfare program. And the Republicans don't have the guts to come out and say it, so they have to continue to prop it up.
__________________
A man's got to know his limitations. -- Dirty Harry
Clocker is offline   Reply With Quote Reply
Old 02-06-2018, 03:29 AM   #13
davew
Registered User
 
Join Date: May 2011
Posts: 22,461
they should have just tied welfare health care to VA hospitals and teaching hospitals rather than screwing up health insurance for the majority of americans
davew is online now   Reply With Quote Reply
Old 02-06-2018, 04:13 AM   #14
fast4522
Registered User
 
fast4522's Avatar
 
Join Date: May 2004
Location: New Hampshire
Posts: 14,400
Quote:
Originally Posted by elysiantraveller View Post
Actually insurance companies have mandated MLRs by law in the ACA. They must hit a 80-85% loss ratio or they have to issue rebates.

The government is going to have to bailout carriers because of the mandate removal... surprised no one on here said that... wait...

Not to get in the way of the YUGE winning going on or anything.
In 2018 the ACA will be repealed completely, the influx of jobs as a result of tax reform will be constant. Obama will be a white haired old man and there still will be no single payer system. All those who complain will be but just a fart in the wind as time marches on.
fast4522 is offline   Reply With Quote Reply
Old 02-06-2018, 04:17 AM   #15
elysiantraveller
Registered User
 
elysiantraveller's Avatar
 
Join Date: Oct 2004
Posts: 14,036
Quote:
Originally Posted by fast4522 View Post
In 2018 the ACA will be repealed completely, the influx of jobs as a result of tax reform will be constant. Obama will be a white haired old man and there still will be no single payer system. All those who complain will be but just a fart in the wind as time marches on.
Didn't they have all last year to get that done and failed?

I would quote all the times I said gutting wasn't a victory and it would require taxpayer bailouts but I think you remember that.

#yugewinning

You don't take something broken, break it even worse, then get to claim a success.

Last edited by elysiantraveller; 02-06-2018 at 04:24 AM.
elysiantraveller is offline   Reply With Quote Reply
Reply




Thread Tools
Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

» Advertisement
Powered by vBadvanced CMPS v3.2.3

All times are GMT -4. The time now is 03:48 AM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2024, vBulletin Solutions, Inc.
Copyright 1999 - 2023 -- PaceAdvantage.Com -- All Rights Reserved
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program
designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.