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ObamaCare’s Date with Destiny Approaches: Are we being set up for a bailout of insurance companies?
FrontPage Mag ^ | 12/12/2013 | Arnold Ahlert

Posted on 12/12/2013 9:17:16 AM PST by SeekAndFind

Health and Human Services (HHS) Secretary Kathleen Sebelius, who remains as determined as ever to substitute Obama administration talking points for the truth, gave it her best effort in yesterday’s session before a House Energy and Commerce subcommittee. It was an underwhelming performance at best. As key dates approach and more facts about the government overhaul of the health care system emerge, it is becoming apparent that the ObamaCare scheme is headed for structural disaster — and will take tens of millions of Americans with it.

[SNIP]

All of the above, including anemic enrollment numbers for private insurance while Medicaid signups explode; premium price increases necessitated by unnecessary coverage; the undue burden places on providers and insurance companies to collect payments and subsidies, respectively; fraud; and the reality that millions of additional American will see policy cancellations, threaten complete chaos. Chaos that could lead to a massive taxpayer-funded bailout to keep insurance companies afloat, that is already built into the law. If it gets to the point where the federal government owns insurance companies, just like they owned GM, it will be ObamaCare for the masses and healthcare “memberships” for the privileged few.

In other words, Americans are going to have to experience every one of the unforeseen and “unintended” consequences of ObamaCare before they find out what’s really “in it.” The next date with destiny is January 1, when a substantial number of Americans will either be pleased they have coverage, or shocked to discover they don’t–even if they paid for it. That’s reality. And nothing said by Sebelius, any other member of the Obama administration, or any Democrat can change it.

(Excerpt) Read more at frontpagemag.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: 0carenightmare; bailout; insurance; insurancebailout; obamacare; singlepayer

1 posted on 12/12/2013 9:17:16 AM PST by SeekAndFind
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To: SeekAndFind

If the govt. bails out the insurance companies then isn’t this a de-facto “single payer” system with the premiums and deductables nothing more than an additional graduated income tax obligation?


2 posted on 12/12/2013 9:19:20 AM PST by circlecity
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To: SeekAndFind

they will keep throwing money at any problem that occurs before they would ever think about scrapping this P.O.S.


3 posted on 12/12/2013 9:20:52 AM PST by Mr. K (If you like your constitution, you can keep it. Period.)
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To: circlecity

The “collection mechanism” in the ACA law prohibits the IRS from using traditional collection methods to get the ACA fines. For the time being, one could avoid the “fine” (read: tax) by changing withholdings to ensure they have to pay during tax time, something that most folks should be doing anyway. That ensures that the IRS can’t force you to pay your “fine,” and you’re not on the hook for anything. It’s only a matter of time, however, that Obama and the executive branch change the rules super-legislatively and use the full power of the IRS to start cracking skulls into compliance.


4 posted on 12/12/2013 9:23:22 AM PST by rarestia (It's time to water the Tree of Liberty.)
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To: SeekAndFind
The insurance companies being able to ask whatever rates they please is de facto 'bailout'. The "set-up" is Single Payer at the end of the road, but all FReepers know this.

And WHY did 0bama not meet with Sebelius prior to roll-out of the website? 'PLAUSIBLE DENIABILITY' is why. 0bama can claim "HE DIDN'T KNOW ANYTHING" again, just like with IRS, NSA, etc..

5 posted on 12/12/2013 9:23:45 AM PST by Obama_Is_Sabotaging_America
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To: SeekAndFind

I foresee a time, prior to the government run single-payer system, that those who are covered by PPACA will have to contact the Insurance Exchange (AKA: lower level community organizers) for approval to contact a doctor’s office to arrange for an appointment (segue-ing into the employee-bloated exchange making appointments directly).


6 posted on 12/12/2013 9:24:51 AM PST by Cletus.D.Yokel (Catastrophic Anthropogenic Climate Alterations - The acronym explains the science.)
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To: rarestia

Won’t be long before participation in 0bamacare is deemed MANDATORY. This could land ACA back at SCOTUS, but given Roberts is in the tank for 0bama, all hope is lost.


7 posted on 12/12/2013 9:25:16 AM PST by Obama_Is_Sabotaging_America
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To: Obama_Is_Sabotaging_America

:: just like with IRS, NSA, etc ::

Just like “Little Dick” Daly, Da Mare.


8 posted on 12/12/2013 9:27:16 AM PST by Cletus.D.Yokel (Catastrophic Anthropogenic Climate Alterations - The acronym explains the science.)
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To: SeekAndFind

How bad is it for OCare and Sec Sebelius? It may be that not one person is actually insured and ready to go see a doctor when necessary.


9 posted on 12/12/2013 9:31:20 AM PST by lurk
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To: SeekAndFind

ObamaCare = Up in smoke


10 posted on 12/12/2013 9:31:26 AM PST by Vaduz
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To: SeekAndFind
All jokes aside , they better damn well plan now for the doctor bailout. Because of the uncertainty of Obamaramcare roll out, doctor's offices will see substantially less patients but sicker patients in January and February of 2014 and when ICD 10 hits in October of 2014 that will decimate the medical community. If docs aren't proactive( and we need to be hyper-vigilant because of antitrust laws) and they don't secure lines of credit that will fund them for the 4-6 months after ICD 10 hits, bankruptcies will soar.
11 posted on 12/12/2013 9:31:55 AM PST by Cyman (We have to pass it to see what's in it= definition of stool sample)
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To: SeekAndFind

Has anyone considered that the insurance companies may not need a bailout? Why? Well:

1. Policies have turned into mostly all high deductible catastrophic insurance only.
2. Premiums are higher than for the old traditional lower deductible policies.
4. There aren’t even co-pays in some cases... the insured just pays 100% until the deductible is satisfied
5. People will think twice before paying out of pocket... eventually.
6. Even though pre-existing conditions are covered somebody was paying for them before... people weren’t just dying.

Companies have limits on profit retained now. I’d say they are going to make out like bandits otherwise... we shall see.


12 posted on 12/12/2013 9:33:25 AM PST by Sequoyah101
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To: Mr. K
There is no doubt they'll throw money at this to make it work. I think that's given. Stimulus, subsidy... whatever you want to call it.

I've moved to a different position as this has gone on. I'm 54 and early retired. My wife is 60 and been retired 7 years. We are very healthy and live healthy lifestyles. (exercise, diet, etc). We have an individual insurance policy. The government should drop the medicare age to 50. Move us into medicare. I'll pickup supplemental insurance or just pay whatever Medicare doesn't cover. This would lower premiums for the younger ACA participants. (because we're old). They can have all the free birth control they want. I don't care.

We're gonna throw tons of money at this stupid thing over the next 20 years. Might as well throw it in a way that helps all of us.

13 posted on 12/12/2013 9:37:49 AM PST by kjam22 (my newest music video:http://www.youtube.com/watch?v=l7gNI9bWO3s)
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To: rarestia
"The “collection mechanism” in the ACA law prohibits the IRS from using traditional collection methods to get the ACA fines."

Agreed but you have to be willing to go without health insurance to go down that path. That's not an optio for some.

14 posted on 12/12/2013 9:39:27 AM PST by circlecity
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To: SeekAndFind

no...we’re going to see them sell out to the govt


15 posted on 12/12/2013 9:42:19 AM PST by Sacajaweau
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To: Obama_Is_Sabotaging_America

going to come right out of your paycheck....just like medicare


16 posted on 12/12/2013 9:44:20 AM PST by Sacajaweau
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To: Sacajaweau

That’s where it is going and once THAT withholding is in place “they” can raise it whenever they like.


17 posted on 12/12/2013 9:48:21 AM PST by Ghost of SVR4 (So many are so hopelessly dependent on the government that they will fight to protect it.)
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To: SeekAndFind

I surfed across a wet dream piece from the far-left which posited that if they want to do single payer, all they’d have to do is just straight-out buy the existing for-profit insurance companies. They estimate the price would be about 2% of GDP, and the shareholders would be happy as hell to be paid to go away and not put up a fuss. And then government would be free to nationalize healthcare to it’s heart’s content.

Sounds like just a more honest, transparent, and cheaper method of what is happening now.


18 posted on 12/12/2013 10:07:41 AM PST by Buckeye McFrog
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To: Sequoyah101

And that is exactly what I have been saying. Using me and hubby as one example: $1200 mnth, huge deductible, $18,940 out of pocket (not counting premiums), think it was 40% copays. That is pure dollars for the insurance company as we would never use it.
A cousin who I ran her numbers per her low income: Subsidies so that her premium is only around $2 mnth, $5k deductible,. She can’t afford to pay the deductible which means she will never use it. Insurance company will get the direct subsidy payment from the feds and never pay out for care.
Both of these situations are win win for the insurance co. and lose lose for the clients.


19 posted on 12/12/2013 10:10:12 AM PST by sheana
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To: SeekAndFind

The big insurers wrote the law, so you bet they did the CYA!!


20 posted on 12/12/2013 10:11:52 AM PST by browniexyz
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To: SeekAndFind

Comrades, the point is to wreck everything — healthcare, the economy, the military, everything. Once this country is destroyed, the masses will accept any proposition to relieve their wretched lives, including Communism.


21 posted on 12/12/2013 10:14:49 AM PST by TexasRepublic (Socialism is the gospel of envy and the religion of thieves)
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To: circlecity

Go to the head of the class!

That’s been their goal all along.


22 posted on 12/12/2013 10:27:40 AM PST by bigbob (The best way to get a bad law repealed is to enforce it strictly. Abraham Lincoln)
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To: SeekAndFind
 photo OBOZOEPICFAILBLOWUP_zps9a03ae18.jpg

23 posted on 12/12/2013 10:47:24 AM PST by Dick Bachert (Ignorance is NOT BLISS. It is the ROAD TO SERFDOM! We're on a ROAD TRIP!!)
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To: Obama_Is_Sabotaging_America
Won’t be long before participation in 0bamacare is deemed MANDATORY. This could land ACA back at SCOTUS, but given Roberts is in the tank for 0bama, all hope is lost.

The pic [of utter devastation] with Obama saying "My work is done here" should have a little face of Roberts in the corner with the words "SCOTUS approved" or some such. Like a Good Housekeeping seal of approval.

24 posted on 12/12/2013 10:53:23 AM PST by Ezekiel (All who mourn the destruction of America merit the celebration of her rebirth.)
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To: SeekAndFind

Opinion

Scott Gottlieb: This ‘Doc Fix’ Would Be Bad for Your Health

An attempt to alter Medicare may let Washington dictate how doctors treat patients.

By
Scott Gottlieb
Dec. 11, 2013 7:08 p.m. ET

Imagine if a provision in ObamaCare allowed Health and Human Services Secretary Kathleen Sebelius to dictate directly to doctors which services they could and could not provide their patients—what individual tests they could conduct, which treatments they could offer, and medicines they could prescribe.

Americans would be outraged.

Yet some Republicans on Capitol Hill are about to help Democrats pass such a provision for Medicare patients. The Senate Finance Committee is set to vote on permanent “doc-fix” legislation Thursday that grants the federal government broad new authority to determine “applicable appropriate use criteria” for the full range of outpatient medical services delivered to seniors. Similar legislative language is included in bipartisan draft legislation that is being marked up Thursday in the HouseWays and Means Committee.

The bill is part of a larger effort to change the way Medicare pays doctors. Each year since 2002, Congress has passed temporary “doc-fix” legislation to cover billions of dollars of shortfalls in Medicare payments. The provisions in the bill apply to advanced radiology imaging tools like CT scans and MRIs. But language tucked into the legislation enables “the Secretary” of HHS to exert the same controls over the vast array of outpatient medical care for seniors.

http://online.wsj.com/news/articles/SB10001424052702303293604579251951156481492


25 posted on 12/12/2013 11:03:58 AM PST by KeyLargo
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To: SeekAndFind

The money pit ...


26 posted on 12/12/2013 11:16:41 AM PST by VRWC For Truth (Roberts has perverted the Constitution)
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To: sheana

You add substantial fuel to the fire of my point Sheana.

We are similar to you; $15,000 a year in premiums, $13,000 combined deductible as I read it thus far.... Unless we are deathly ill or something terrible happens to us insurance will never be out a dime... and this picture will be repeated over and over and over.

Low income will be low care unless the deductible is subsidized as well. They will reduce their consumption of health care.

NOBODY is bringing up any of this set of facts. Only the meidcare drones and unfortunate will actually get “free” health care. This is another crony capitalism payoff and transfer of money to drones.

We are all a long way from seeing the worst of this mess. It is a shop of horrors we could never dream or conceive of. What is more, it is all at the discretion of the administration as to what to make into laws since the congress illegally, my opinion, gave them the power to legislate.


27 posted on 12/12/2013 12:03:32 PM PST by Sequoyah101
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To: Ghost of SVR4
I think there's a chance it will go back to the supreme court and they will say it isn't being applied as a tax....and that will be the basis for a second Medicare and another 3%-5% right out of your paycheck.

They'll call it Medistart.

So two funds?? Yes...

The whole object is to get your money.

It's not about health, it's about wealth.

28 posted on 12/12/2013 12:03:55 PM PST by Sacajaweau
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To: SeekAndFind
Insurance companies are going to be controlled by the communists empire of King Obama. They will become entrenched in graft and corruption withing a year.
29 posted on 12/12/2013 12:04:47 PM PST by Logical me
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To: TexasRepublic
Comrades, the point is to wreck everything — healthcare, the economy, the military, everything. Once this country is destroyed, the masses will accept any proposition to relieve their wretched lives, including Communism.

Worth repeating. We are damn near that state now. America is partially a communists ruled Country and the gap is widening.

30 posted on 12/12/2013 12:12:18 PM PST by Logical me
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To: SeekAndFind
Could it be that the 1 trillion dollars of the bailout was simply the looting of the US treasury so Obama would receive,…..say 3 billion……not as shovel ready as we thought.

Could the designed failure of obamacare be another looting of the treasury so Obama could receive….say 4 billion dollars in an offshore account ( accounts)…..same for Solindra…GM….Crysler……and all of the other designed failures.

Is Obama just creating all of these predictable failures just be a way of Obama himself, stealing billions from the treasury. It happened in all of the other African countries. Why would obama think to act differently? Should some journalist, if any still exist, ask if he has off-shore accounts. Why has not the money been followed?

Nah………couldn't happen in America. Normalcy bias reigns.

31 posted on 12/12/2013 12:22:21 PM PST by Texas Songwriter
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