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Posted on 09/13/2010 11:31:43 AM PDT by pissant
"There will be zero tolerance for this type of misinformation and unjustified rate increases."
That sounds like a stern headmistress dressing down some sophomores who have been misbehaving. But it's actually from a letter sent Thursday from Health and Human Services Secretary Kathleen Sebelius to Karen Ignagni, president of America's Health Insurance Plans -- the chief lobbyist for private health insurance companies.
Sebelius objects to claims by health insurers that they are raising premiums because of increased costs imposed by the Obamacare law passed by Congress last March.
She acknowledges that many of the law's "key protections" take effect later this month and does not deny that these impose additional costs on insurers. But she says that "according to our analysis and those of some industry and academic experts, any potential premium impact ... will be minimal."
Well, that's reassuring. Er, except that if that's the conclusion of "some" industry and academic experts, it's presumably not the conclusion of all industry and academic experts, or the secretary would have said so.
Sebelius also argues that "any premium increases will be moderated by out-of-pocket savings resulting from the law." But she's pretty vague about the numbers -- "up to $1 billion in 2013." Anyone who watches TV ads knows that "up to" can mean zero.
(Excerpt) Read more at townhall.com ...
The question is simple. Do you believe the side with no financial interest at stake (Marxists controlling our government) or do you believe the side with a strong financial interest at stake (insurance companies facing more demand for health care services)? The Marxist side has reduced competition in the health insurance industry and thereby reducing competitive pressures to hold down costs. The situation is self-fulfilling. The Marxist side has rigged the game so that private insurers will face much higher costs and less competitive pressures. The Marxist side will use the resulting price increases as justification for effectively nationalizing the industry. Marx would be proud of the rat strategy.
A gentle reminder to Search before posting directly from Drudge, as it’s usually been posted two or three times already.
http://www.freerepublic.com/focus/search?m=all;o=time;q=quick;s=gangster
I’m just so tired of their vitriolic rhetoric.
Remember November!
Get out the votes!!
After November...it will be time for IMPEACHMENT proceedings.
Kathy will only be happy when there IS NO insurance or business that is not wholly operated and owned by government.
DEMOCRATS ARE FASCISTS!
DEMOCRATS ARE FASCISTS!
DEMOCRATS ARE FASCISTS!
DEMOCRATS ARE FASCISTS!
DEMOCRATS ARE FASCISTS!
DEMOCRATS ARE FASCISTS!
DEMOCRATS ARE FASCISTS!
DEMOCRATS ARE FASCISTS!
OH, and BTW, you think maybe some (non country-club) Republicans could make some hay out of this? They should at least try, fwiw.
Sorry but where does this witch get the authority to say “There will be zero tolerance for this type of misinformation and unjustified rate increases.”
That is a truly freedom of speech killing statement right there.
God, how I hope you're right.
They won, get over it.
/sarc
btt
“Zero olerance”? what do they plan to do?
The lady is a b***h.
The very best to you and yours.
Semper Fi
Tommie
THANK YOU OBAMA, MAY I HAVE ANOTHER.
This was released to us by our CEO today.
( I removed the name of the company)
The soaring cost of health care, which for decades has exceeded the rate of inflation, has had a profound impact on our company and our ability to offer superior products at competitive prices. The Health Care Reform Law passed earlier this year, while broadening access to health care, could further add to the companys costs over the next several years and in 2018, could subject Boeing to a substantial tax on health care plans exceeding a certain threshold.
Today, XXX pays about 89 percent of total health care costs for employees, far above peer companies such as Lockheed Martin, General Electric and 3M, which pay about 70 percent. The company expects to spend more than $2.4 billion on health care this year, which adds about $2 million to the cost of every airplane we build. Costs could reach $3.1 billion by 2015.
Weve got to work together to manage these costs. The company will continue to offer excellent health-care benefits and to bear most of the financial burden. But beginning in 2011, nonunion employees will be asked to pay a greater share of their health care costs. Health-care coverage for employees represented by unions is governed by collective bargaining agreements and will be discussed as those contracts are renegotiated. Detailed information about coming changes will be available in October when letters go to the homes of XXX employees in advance of the 2011 enrollment period.
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