Up Next: A Health Insurance Company Bailout

  1. You have chosen to ignore posts from newman09. Show newman09's posts

    Up Next: A Health Insurance Company Bailout

    No wonder we had to wait to pass it to find out what was in it; had everyone known what was in it, it never would have passed.

    Here is the latest ugly surprise hidden in the massive ObamaCare legislation: Taxpayers could end up reimbursing up to 80% of health insurers' costs if those costs exceed insurer estimates.

    Yep, you heard that right. If the insurance companies' costs are 3% higher than they had estimated (as a result of there being an older and/or sicker population than they expected in the ObamaCare pools), they can collect 50% of that money from the taxpayers. If their costs are 8% higher than previously estimated, they are reimbursed for a whopping 80%!

    So even if Americans were able to get back the insurance they liked, they're still on the hook to pay the insurance companies when the companies' costs exceed their estimates.

    That's ObamaCare -- gets you coming and going.

    What a mess. Time to repeal and replace

     
  2. You have chosen to ignore posts from UserName9. Show UserName9's posts

    Re: Up Next: A Health Insurance Company Bailout

     

    Fine...Open the books. 

    Show us your 'losses', insurance companies....if you can ?

    A sampling of 2012 annual net incomes (profits) made off the healthcare of Americans.

    UnitedHealth $5.5 billion
    Well Point $2.7 billion
    Aetna $1.7 billion
    Cigna $1.6 billion
    Humana $1.2 billion

     
  3. This post has been removed.

     
  4. You have chosen to ignore posts from FortySixAndTwo. Show FortySixAndTwo's posts

    Re: Up Next: A Health Insurance Company Bailout

    In response to UserName9's comment:

     

    Fine...Open the books. 

    Show us your 'losses', insurance companies....if you can ?

    A sampling of 2012 annual net incomes (profits) made off the healthcare of Americans.

    UnitedHealth $5.5 billion
    Well Point $2.7 billion
    Aetna $1.7 billion
    Cigna $1.6 billion
    Humana $1.2 billion



    HAHAHAHAHA...how dare for profit companies make a profit. Oh the humanity. Don't they know they're supposed to LOSE money? For shame....for shame...

     

     
  5. You have chosen to ignore posts from newman09. Show newman09's posts

    Re: Up Next: A Health Insurance Company Bailout

    In response to UserName9's comment:

     

     

    Fine...Open the books. 

    Show us your 'losses', insurance companies....if you can ?

    A sampling of 2012 annual net incomes (profits) made off the healthcare of Americans.

    UnitedHealth $5.5 billion
    Well Point $2.7 billion
    Aetna $1.7 billion
    Cigna $1.6 billion
    Humana $1.2 billion

     



    Who's talking about profits??? Where in there is the word profits used??? I don't see that word, do you???

     

     It says if their costs go up, get it? I'm guessing no!

     
  6. You have chosen to ignore posts from UserName9. Show UserName9's posts

    Re: Up Next: A Health Insurance Company Bailout

    In response to FortySixAndTwo's comment:

    In response to UserName9's comment:

     

    Fine...Open the books. 

    Show us your 'losses', insurance companies....if you can ?

    A sampling of 2012 annual net incomes (profits) made off the healthcare of Americans.

    UnitedHealth $5.5 billion
    Well Point $2.7 billion
    Aetna $1.7 billion
    Cigna $1.6 billion
    Humana $1.2 billion



    HAHAHAHAHA...how dare for profit companies make a profit. Oh the humanity. Don't they know they're supposed to LOSE money? For shame....for shame...

     



    Healthcare is different than the average widget company. 

     
  7. You have chosen to ignore posts from newman09. Show newman09's posts

    Re: Up Next: A Health Insurance Company Bailout

    In response to UserName9's comment:

    In response to FortySixAndTwo's comment:

    In response to UserName9's comment:

     

    Fine...Open the books. 

    Show us your 'losses', insurance companies....if you can ?

    A sampling of 2012 annual net incomes (profits) made off the healthcare of Americans.

    UnitedHealth $5.5 billion
    Well Point $2.7 billion
    Aetna $1.7 billion
    Cigna $1.6 billion
    Humana $1.2 billion



    HAHAHAHAHA...how dare for profit companies make a profit. Oh the humanity. Don't they know they're supposed to LOSE money? For shame....for shame...

     



    Healthcare is different than the average widget company. 



    ??????????

     
  8. You have chosen to ignore posts from FortySixAndTwo. Show FortySixAndTwo's posts

    Re: Up Next: A Health Insurance Company Bailout

    In response to UserName9's comment:

    In response to FortySixAndTwo's comment:

    In response to UserName9's comment:

     

    Fine...Open the books. 

    Show us your 'losses', insurance companies....if you can ?

    A sampling of 2012 annual net incomes (profits) made off the healthcare of Americans.

    UnitedHealth $5.5 billion
    Well Point $2.7 billion
    Aetna $1.7 billion
    Cigna $1.6 billion
    Humana $1.2 billion



    HAHAHAHAHA...how dare for profit companies make a profit. Oh the humanity. Don't they know they're supposed to LOSE money? For shame....for shame...

     



    Healthcare is different than the average widget company. 



    Really? How so? Tell me why it's not ok for a for-profit health insurance company to make profits yet it's ok for any other company. Oh well, except for oil companies too right? I bet those are on your list of companies that you deem shouldn't make a profit.

     

     
  9. You have chosen to ignore posts from UserName9. Show UserName9's posts

    Re: Up Next: A Health Insurance Company Bailout

    In response to newman09's comment:

    In response to UserName9's comment:

    In response to FortySixAndTwo's comment:

    In response to UserName9's comment:

     

    Fine...Open the books. 

    Show us your 'losses', insurance companies....if you can ?

    A sampling of 2012 annual net incomes (profits) made off the healthcare of Americans.

    UnitedHealth $5.5 billion
    Well Point $2.7 billion
    Aetna $1.7 billion
    Cigna $1.6 billion
    Humana $1.2 billion



    HAHAHAHAHA...how dare for profit companies make a profit. Oh the humanity. Don't they know they're supposed to LOSE money? For shame....for shame...

     



    Healthcare is different than the average widget company. 



    ??????????




    Healthcare is a right.  When a company makes billions partly by practices that deny that right, then they've worn out their welcome in a civilized society.

     

     
  10. This post has been removed.

     
  11. You have chosen to ignore posts from newman09. Show newman09's posts

    Re: Up Next: A Health Insurance Company Bailout


    Healthcare is a right?  You learn something new everyday around here.

     
  12. You have chosen to ignore posts from Hansoribrother. Show Hansoribrother's posts

    Re: Up Next: A Health Insurance Company Bailout

    In response to UserName9's comment:

    In response to FortySixAndTwo's comment:

    In response to UserName9's comment:

     

    Fine...Open the books. 

    Show us your 'losses', insurance companies....if you can ?

    A sampling of 2012 annual net incomes (profits) made off the healthcare of Americans.

    UnitedHealth $5.5 billion
    Well Point $2.7 billion
    Aetna $1.7 billion
    Cigna $1.6 billion
    Humana $1.2 billion



    HAHAHAHAHA...how dare for profit companies make a profit. Oh the humanity. Don't they know they're supposed to LOSE money? For shame....for shame...

     



    Healthcare is different than the average widget company. 



    That is why it is so messed up, people thinking it is different than a widget company. If a widget company doesn't have enough material to make the widget, or employees to run machines, it has to figure out how to get them.  I read of a survey of doctors saying that 40% won't participate in Obamacare. Add to that that over half of docotrs are over 50 and Obamacare is going to drive them ito early retirement.

    Is healthcare different then? No. There is going to be a shortage of doctors. Quality of care is going to suffer because lamebrains think that healthcare  should be measure by nonsense like "access".

     
  13. You have chosen to ignore posts from Hansoribrother. Show Hansoribrother's posts

    Re: Up Next: A Health Insurance Company Bailout

    Healthcare is a right?

    Are we into involuntary servitude or what?

    Bearing arms is a right. Getting one is your problem, not mine. 

    Get it? I doubt it.

     
  14. You have chosen to ignore posts from FortySixAndTwo. Show FortySixAndTwo's posts

    Re: Up Next: A Health Insurance Company Bailout

    In response to UserName9's comment:

    In response to newman09's comment:

    In response to UserName9's comment:

    In response to FortySixAndTwo's comment:

    In response to UserName9's comment:

     

    Fine...Open the books. 

    Show us your 'losses', insurance companies....if you can ?

    A sampling of 2012 annual net incomes (profits) made off the healthcare of Americans.

    UnitedHealth $5.5 billion
    Well Point $2.7 billion
    Aetna $1.7 billion
    Cigna $1.6 billion
    Humana $1.2 billion



    HAHAHAHAHA...how dare for profit companies make a profit. Oh the humanity. Don't they know they're supposed to LOSE money? For shame....for shame...

     



    Healthcare is different than the average widget company. 



    ??????????




    Healthcare is a right.  When a company makes billions partly by practices that deny that right, then they've worn out their welcome in a civilized society.

     



    Who's denying your "right"? Oh right...you think all insurers deny all claims. Never mind....

     
  15. You have chosen to ignore posts from massmoderateJoe. Show massmoderateJoe's posts

    Re: Up Next: A Health Insurance Company Bailout

    In response to WhatDoYouWantNow's comment:

    Substance

    It seems rather foolish to me to give insurers this sort of blank check.

    "We accidentally underestimated costs. Clumsy me. Now pay up."

     

     

     

    The question is: In the richest country on Earth, do we really want people not to be able to get or afford necessary medical treatment? If not, the next question is how we go about doing that: Single-payer funded by taxes vs. Obamacare or something very much like it.

    'Cause in 2008 we all agreed, as did the politicians, that the system was broken and rupturing insureds. The question was what to do to fix it.




    Funny, I don't remember ACA being the over arching issue of the the election.  I thought it was about a  broken economy, the never ending wars, BDS, all of us coming togehter, then he got distracted and rammed ACA through on reconciliation in the most nonpartisan social program implementation in US history; when the majority of citizens didn't want it and now even more don't.

    Obama should have used his political capital to work on the economy and some ACA improvements; not a complete revamp of how it works.

     
  16. You have chosen to ignore posts from FortySixAndTwo. Show FortySixAndTwo's posts

    Re: Up Next: A Health Insurance Company Bailout

    In response to WhatDoYouWantNow's comment:

    In response to massmoderateJoe's comment:

    Obama should have used his political capital to work on the economy



    I've said that should have been the first thing time and again. Of course, work on the economy?

    Work with who on the economy? The people who circulated a memo before inauguration instructing the rank & file to oppose everything Obama did in order to  break him and make him a one-term President?

    Those people?

     



    He passed ACA without them so why not economy without them too? You're just making excuses

     
  17. You have chosen to ignore posts from massmoderateJoe. Show massmoderateJoe's posts

    Re: Up Next: A Health Insurance Company Bailout

    In response to WhatDoYouWantNow's comment:

    In response to massmoderateJoe's comment:

     

    I don't remember ACA being the over arching issue of the the election

     



     Hind-memory is a blessing, eh?

     

    The economy and healthcare were at the center, and took up most of the debates. Betting out of Bush's wars was a third.

    If we've moved from dishonest jabs at Obama to simply denying that health care was ever an issue, we should just stop posting here. 

     

     

     

    But yes, you are only partially correct. The over-arching issue was who was more not Bush



    Well based on what you said; I'm mainly correct.  It was forth on the list.  So why did he focus on it instead of what the country really needed?

    He burned up his political capital on one issue, and he did it poorly and in hindsight more like creating a debacle that is unraveling.

     
  18. This post has been removed.

     
  19. You have chosen to ignore posts from massmoderateJoe. Show massmoderateJoe's posts

    Re: Up Next: A Health Insurance Company Bailout

    In response to WhatDoYouWantNow's comment:

    In response to massmoderateJoe's comment:

     

    Obama should have used his political capital to work on the economy

     



    I've said that should have been the first thing time and again.

     

    But consider: work with who on the economy? The people who circulated a memo before inauguration instructing the rank & file to oppose everything Obama did in order to  break him and make him a one-term President?

    Those people?

     

     

    I know I know. Let's claim not to remember. Despite their saying they would oppose him,  despite their actually opposing him, we'll just pretend that actually they wanted to work with him. Because that's what some R said in 2013 when justifying causing billions of expenses in a fruitless shutdown.



    Obama, had a huge amount of political capital that he squandered on ACA.  Yes he had an uncooperative House, but due to his actions he created an even more uncooperative House.  Obama's actions created the TP insurection and he reaped what he sowed.

     
  20. You have chosen to ignore posts from massmoderateJoe. Show massmoderateJoe's posts

    Re: Up Next: A Health Insurance Company Bailout

    In response to WhatDoYouWantNow's comment:

    In response to massmoderateJoe's comment:

     

    In response to WhatDoYouWantNow's comment:

    In response to massmoderateJoe's comment:

     

    I don't remember ACA being the over arching issue of the the election

     

     



     Hind-memory is a blessing, eh?

     

     

    The economy and healthcare were at the center, and took up most of the debates. Betting out of Bush's wars was a third.

    If we've moved from dishonest jabs at Obama to simply denying that health care was ever an issue, we should just stop posting here. 

     

     

     

    But yes, you are only partially correct. The over-arching issue was who was more not Bush



    Well based on what you said; I'm mainly correct.  It was forth on the list.  So why did he focus on it instead of what the country really needed?

    He burned up his political capital on one issue, and he did it poorly and in hindsight more like creating a debacle that is unraveling.



    The country really needed both a health care fix and an economic improvement.

    He was fought on both fronts. On both fronts, the result was below par.

     

     

    I dispute his decision to make health care #1 and the economy #2. But again, we keep coming back to that memo. The GOP agreed to oppose Obama on everything, no matter how good or bad it was.

    So what really do you expect to happen if he focused on the economy first? Especially since the drum beat from your corner seems to be that he can't do anything right.



    Apparently the drum beat was correct.

    Remember shovel ready, well they weren't so thousands of miles of interstate highways were repaved before they needed it.

    ACA; well that's a freaking debacle from every perspective, with maybe 10% good, at the expense of small firms and independent contractors who are losing their plans to fund ACA.

     

     
  21. You have chosen to ignore posts from MattyScornD. Show MattyScornD's posts

    Re: Up Next: A Health Insurance Company Bailout

    In response to massmoderateJoe's comment:

    Obama, had a huge amount of political capital that he squandered on ACA.  Yes he had an uncooperative House, but due to his actions he created an even more uncooperative House.  Obama's actions created the TP insurection and he reaped what he sowed.



    You can't get much more uncooperative than "make him a one-term president", "oppose every agenda item", not a single vote for urgent govt business and throwing fake-filibuster tantrums with every single judicial and admin nominee.

    Your ideologue memory is lacking.

     

     
  22. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: Up Next: A Health Insurance Company Bailout

    In response to UserName9's comment:

     

    Fine...Open the books. 

    Show us your 'losses', insurance companies....if you can ?

    A sampling of 2012 annual net incomes (profits) made off the healthcare of Americans.

    UnitedHealth $5.5 billion
    Well Point $2.7 billion
    Aetna $1.7 billion
    Cigna $1.6 billion
    Humana $1.2 billion



    That's a rounding error compared to the cost of Obamacare.

     
  23. You have chosen to ignore posts from massmoderateJoe. Show massmoderateJoe's posts

    Re: Up Next: A Health Insurance Company Bailout

    In response to MattyScornD's comment:

    In response to massmoderateJoe's comment:

     

    Obama, had a huge amount of political capital that he squandered on ACA.  Yes he had an uncooperative House, but due to his actions he created an even more uncooperative House.  Obama's actions created the TP insurection and he reaped what he sowed.

     



    You can't get much more uncooperative than "make him a one-term president", "oppose every agenda item", not a single vote for urgent govt business and throwing fake-filibuster tantrums with every single judicial and admin nominee.

     

    Your ideologue memory is lacking.

     



    It didn't start that way; but Obama got it that way.

     
  24. You have chosen to ignore posts from massmoderateJoe. Show massmoderateJoe's posts

    Re: Up Next: A Health Insurance Company Bailout

    In response to WhatDoYouWantNow's comment:

    In response to massmoderateJoe's comment:

     

    Remember shovel ready, well they weren't so thousands of miles of interstate highways were repaved before they needed it.

     




     

    I've said time and again that it should have been structured to supercede the Administrative Procedure Act, and related regulation requiring endless rounds of review and comment before a public project is approved and given to contractors.

    But then, that was also something congress should have thought of, too. If they weren't to busy screaming about socialism and trying to break Obama by opposing whatever he wanted.



    But it wasn't structured that way because his administration was too focused on near term faux construction projects to take credit for money pumped into the economy on material intensive jobs like bituminous concrete paving, which had very small labor components.

    He got the money then his Administration squandered the benefits.

     
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