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02-05-2018, 05:44 PM
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#1
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Registered User
Join Date: Jul 2013
Posts: 17,095
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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
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__________________
A man's got to know his limitations. -- Dirty Harry
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02-05-2018, 05:54 PM
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#2
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Registered User
Join Date: Oct 2004
Posts: 14,036
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Quote:
Originally Posted by Clocker
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.
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No one saw that coming...
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02-05-2018, 05:59 PM
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#3
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Registered User
Join Date: Mar 2013
Posts: 5,414
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guess it's no different than subsidies for those that buy insurance with tax payers money
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02-05-2018, 06:08 PM
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#4
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Registered User
Join Date: Mar 2017
Posts: 1,032
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Our insurance tripled under Obamacare this year and that was with my wife taking a $500 a month decrease in her pay.
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02-05-2018, 07:27 PM
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#5
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Registered User
Join Date: Sep 2007
Location: Boston+Ocala
Posts: 23,658
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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.
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02-05-2018, 10:26 PM
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#6
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Registered User
Join Date: Oct 2004
Posts: 14,036
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Quote:
Originally Posted by chadk66
guess it's no different than subsidies for those that buy insurance with tax payers money
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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.
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02-05-2018, 10:49 PM
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#7
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Registered User
Join Date: Jan 2015
Posts: 1,951
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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.
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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.
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02-05-2018, 11:07 PM
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#8
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Registered User
Join Date: May 2011
Posts: 22,461
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Quote:
Originally Posted by oughtoh
Our insurance tripled under Obamacare this year and that was with my wife taking a $500 a month decrease in her pay.
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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?
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02-06-2018, 12:31 AM
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#9
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Registered User
Join Date: Aug 2009
Posts: 6,297
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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.
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02-06-2018, 12:49 AM
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#10
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Registered User
Join Date: May 2011
Posts: 22,461
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Quote:
Originally Posted by OntheRail
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.
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... 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....
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02-06-2018, 12:58 AM
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#11
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Registered User
Join Date: Oct 2004
Posts: 14,036
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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.
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02-06-2018, 01:19 AM
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#12
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Registered User
Join Date: Jul 2013
Posts: 17,095
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Quote:
Originally Posted by OntheRail
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.
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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
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02-06-2018, 03:29 AM
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#13
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Registered User
Join Date: May 2011
Posts: 22,461
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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
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02-06-2018, 04:13 AM
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#14
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Registered User
Join Date: May 2004
Location: New Hampshire
Posts: 14,400
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Quote:
Originally Posted by elysiantraveller
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.
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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.
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02-06-2018, 04:17 AM
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#15
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Registered User
Join Date: Oct 2004
Posts: 14,036
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Quote:
Originally Posted by fast4522
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.
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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.
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