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White House unveils awaited Affordable Care Act profit margin rule
The Hill ^
| 2/16/13
| Ben Goad
Posted on 02/16/2013 7:20:45 PM PST by Libloather
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To: Vince Ferrer; Grampa Dave; tubebender; Ernest_at_the_Beach; Jayster; NormsRevenge; BOBTHENAILER
"...availability."Instead of Atlas Shrugged, it'll be your Doctor SHRUGGED and SHUNNED you!!!
41
posted on
02/16/2013 10:35:51 PM PST
by
SierraWasp
(Mark Twain said: "It's easier to fool someone than to convince them they've been fooled!!!)
To: GeronL
42
posted on
02/16/2013 10:49:29 PM PST
by
ConservativeMind
("Humane" = "Don't pen up pets or eat meat, but allow infanticide, abortion, and euthanasia.")
To: PeevedPatriot; dennisw
"Imagine if law firms that handle malpractice claims had to function under terms similar to Obamacare. Imagine they're limited to 15% profit. And could only charge fees set by the feds. And were required to represent everyone who asked. And could only build their case around criteria set by boards of partisan appointees. Can you imagine the ruckus?"
Now that you mention it.....
In specific areas of the law, notably Social Security Disability, that is exactly what is done. The difference being that the set fee is 20% of the settlement for back pay of the disability claim.
This has resulted in a purposeful delay in the settlement of claims. The bureaucrats routinely deny valid claims out to two and three appeals just so that the claimants will seek legal counsel.
The lawyers, if they are forced into accepting a fresh case, will magically discover roadblocks that will drag the case out for a few years, increasing the amount of the settlement and not coincidentally, their fee.
Can I prove massive collusion to guarantee the lawyers increased fees? No.
Does it nonetheless exist? Youbetcha.
43
posted on
02/17/2013 12:51:19 AM PST
by
shibumi
(Cover it with gas and set it on fire.)
To: Libloather
This is just another form of "price controls." When you freeze or fix the price of something...
...you get LESS of it.
Prepare yourself, and your families, for SHORTAGES of anything that is so regulated.
God help us all.
Rent controls, price controls, etc., have never worked. Plenty of historical examples, foreign and domestic, prove that.
And the liberals never look at history nor economics. They simply refuse to learn.
They do love their social experimentation, don't they?
And when they fail--and their program will--they will find a scapegoat, usually some party with money or an interest.
Blame Big Pharma. Yeah, that will be the ticket.
44
posted on
02/17/2013 12:57:05 AM PST
by
sauron
("Truth is hate to those who hate Truth" --unknown)
To: Libloather
The Kenyan way. Yep. Just as he learned from his absentee alcoholic commie daddy and Dirty Old Man Frank Marshall Davis.
What it amounts to is, the gubmint will decide whether health care is a good business to be in. And, since the gubmint wants to be in the business itself, it naturally doesn't want other players screwing up the marketplace with unnecessary, wasteful and ill-advised choices for consumers. So, of course, there's no need for health care to be a profitable occupation ... let's just assign the docs a schedule of GS levels and leave it at that! We don't need no stinkin' Ben Carsons!
Which is fine and dandy, as long as you are healthy and not a US tax payer.
45
posted on
02/17/2013 1:09:36 AM PST
by
cynwoody
To: Libloather
Dictating Destroying profit. The Kenyan way.Fixed it.
This administration is destroying the medical business. The medical tax on 0bamacare is another example.
46
posted on
02/17/2013 4:48:01 AM PST
by
FatherofFive
(Islam is evil and must be eradicated)
To: Libloather
He will find companies and people who will “pay to play” pay the vig meanwhile everyone else will be moving to a more capitalistic climate. What do you call a government cap on profits in the private sector?
47
posted on
02/17/2013 4:51:22 AM PST
by
ronnie raygun
(Lexington and Concord Americans experience thier first gun grab attempt)
To: YankeeReb
Yes, I’m reading it now. It’s freaky how parallel the book is to Zero’s governing style and our society. There’s even a “You didn’t build that” type quote in it. It is literally shocking how closely it parallels.
48
posted on
02/17/2013 5:01:14 AM PST
by
Hardastarboard
(The Liberal ruling class hates me. The feeling is mutual.)
To: Libloather
The goal is 80%. They will end up with 75%
49
posted on
02/17/2013 5:15:07 AM PST
by
bert
((K.E. N.P. N.C. +12 .....The fairest Deduction to be reduced is the Standard Deduction)
To: Libloather
One more thought.......
If the President kills Medicare Advantage, he is not going to survive the end of his term
50
posted on
02/17/2013 5:16:41 AM PST
by
bert
((K.E. N.P. N.C. +12 .....The fairest Deduction to be reduced is the Standard Deduction)
To: shibumi
So how about we cap the net worth increase of every public office holder at 15% over his net worth at the time of taking office? And lets do the same to the faceless bureaucrats who administer this crap.
Now THATS hope and change I could believe in!
To: Libloather
Another anti-Constitutional, un-American dictate from the mad Kenyan.
Setting an allowable profit margin on private industry? Communism at its core, and just what one would expect from Zero and 0bamunists.
A pox on all their houses.
52
posted on
02/17/2013 7:34:52 AM PST
by
PubliusMM
(RKBA; a matter of fact, not opinion. 01-20-2016; I pray we make it that long.)
To: PubliusMM
Overhead expenses and profits would be capped at 15 percent. ==> No policy shall be issued that does not effectively guarantee a 15% return to cover both profits and expenses. Truly this will severely limit availability. And of course overhead expenses can be applied to any part of one's balance sheet. Can you say, "Hollywood Accounting?"
53
posted on
02/17/2013 8:30:27 AM PST
by
stocksthatgoup
(Buy stocks that go up. If they don't go up, don't buy them.)
To: MinuteGal
Good afternoon lovely lady. I hope you are doing better.
Oh, and don't get sick again. That's an order.
5.56mm
54
posted on
02/17/2013 10:38:05 AM PST
by
M Kehoe
To: shibumi
Excellent point. Thanks for the added perspective.
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