Skip to comments.Insurers flee States which will not permit them to make a profit. ObamaCare supporters stunned
Posted on 08/11/2013 8:53:50 AM PDT by Oldpuppymax
Looks like Obamacare is more on track than train wreck, gloated the experts on Barack Obamas Think Progress website as they reported the Masters healthcare scheme was literally forcing Americas insurers to lower their premiums. (1)
The glad tidings arose back in May after Oregon providers Providence Health Plan and Family Care Health requested premium rate reductions from the state-run ObamaCare exchange. (Actually, the state just gets to PAY for the exchange. Its RUN by Kathleen Sebelius at HHS.)
Naturally this was big news for Affordable Care Act fans. After all, what could be better than private insurers wanting permission to lower premiums, providing proof positive for Mr. Obamas claims of lower healthcare costs brought about by competition. (MANAGED competition, that is)
But the left might be premature in celebrating the actions of 2 minor insurers in Oregon. For news from the rest of the nation is not quite as cheery...
(Excerpt) Read more at coachisright.com ...
That’s silly. They created an unworkable system to drive the private market out. It’s all about single payer.
Given how insurance companies could not usher in obamacare fast enough, I just don’t feel too sorry for them.
“People Before Profits. Abolish Corporations! Dictatorship of the Proletariat! Workers Arise, You Have Nothing To Lose But Your Chains!”
Wait till the see what happens when the doctors start fleeing and all that is left is a bunch of nurses that can only hand them an aspirin.
I agree screw the insurance companies, they have been screwing us for years and this will put them out of business.
Nurses? I like your optimism.
>>I agree screw the insurance companies, they have been screwing us for years and this will put them out of business.<<
You forgot the /Sarc tag? Or you have a better plan?
The insurance companies helped pass bocare. The insurance industry is why healthcare is so expensive
>>The insurance companies helped pass bocare. The insurance industry is why healthcare is so expensive<<
And your alternative is... (assume bozocare did not pass or will be defunded)
Keep what we already have that works better and is cheaper and look at revising it in ways that work rather than go for a socialist disaster like 0bamacare.
My solution? Get the govt and lawyers out of healthcare
Why? Because they are charged more than individuals?
A friend who was in need of a test, was quoted a cost several hundred dollars less by the hospital than the one she was quoted when she said she was filing on her insurance.
As a paying individual, her cost was less than paying her 20% of the insurance co. cost charged by the hospital.
Seems insurance companies paid for a lot that will not be covered by ObamaCare.
the well understood Obamacare motive from the beginning was to to drive all private carriers out of business leaving only the government insurance - single payer - socialism
Whatever, there are enough low information voters & commies than us so don’t sweat it. Unless there is a REAL revolution & the stopping of these commies (ie Amnesty & ObamaCare) there nothing left to write home about. The commies will control every aspect of your lives. Welcome to the USSR. Now go read the Communist Manifesto & judge for yourself.
Precisely. The goal is to have the entire country munching on a Medicare-like plan.
THAT will truly be a disaster.
I have tried to avoid understanding ObamaCare, hoping it would be overturned.
Can anyone explain what these so-called “Insurance Exchanges” really are in terms of institutions and mechanics?
Since ObamaCare is a diktat, wouldn’t it be easier just to dictate that every insurer must offer policies for specific circumstances and comply with specific rules, then let the insurers sell these policies to the public? Government could limit its involvement to a website with links to the insurance companies’ sites, and maybe a comparison chart ot two. Cost of the mechanics would be practically nothing. Coercion, regulation, and subsidies are vastly expensive, but that would be true with or without “exchanges”.
Yep. I noticed a 5% jump in stock prices of all the major insurance companies the day after 0bamacare got signed into law.
What would help? Allowing competition, letting consumers buy insurance across state lines. Big insurance companies are a huge monopoly..and this is how they keep us trapped depending on where we live.
Yep, this was ALWAYS about creating a “single payer” (i.e. government) system
You forget tossing out States from the mix as well. They too mandate, for a no-thrills program for a male.....birth control. WTF? Don’t forget to toss in a little dependency assistance (alcohol and drugs), as if it was ever needed to begin with in my case, yada, yada, yada.
How about he who pays the bill/deductible gets to write-off insurance from their taxes (and I’m NOT talking EITC either).
Why can’t I get catastrophic coverage for a few $$/mo like I can health or a plain-jane like car insurance?
That’s bben the goal: to drive out private insurance and become the provider, to control the population.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.