Posted on 11/10/2013 6:59:46 AM PST by Hojczyk
Best observation I've read in a long time.
Let’s see now, 12 million people (original estimate when bill was passed up to now 45 million (updated to include illegals who are assumed to be granted amnesty and thus eligible) will be without insurance and “need” this monstrosity.
Yet 60-90 million people will LOSE their insurance. Makes perfect sense, if you use government math.
the elite put their money and health care in Swizerland
i can foresee a new generations of nurses giving BJs to Obama’s lucky boyz like in the Cz Army... hey,they are the lucky boyz, can we blame them?
I fully agree.
Why of course it does. Sets the doctors up from the start as being heartless demons. See folks, if you can’t afford it, it is because those greedy mean doctors want to be paid.
I am surprised Obama did not talk about this when he did his Rose Garden speech about the website failure. When he was telling the ‘folks’ to just call the 800 # because the website wasn’t working, he should have added ‘and you get 3 months free insurance each year if you call NOW’.
President Sham Wow has finally jumped the shark with his ACA. The insurance companies that he duped into supporting his plan with the hopes that the individual mandate would increase their customer base are starting to realize three things.
1. The customers that are signing up for Obamacare are sick and will cost them a ton of money in claims.
2. They realize that those new customers can game the system and not pay the last three months each year and they will still be considered ‘covered’.
3. Those same customers who still them for three months premiums each year can sign up again under ‘open enrollment’ and the insurance company they stiffed the previous year will be REQUIRED to cover them again!
Our only hope is the insurance companies he duped wake up and team up with doctors and hospitals to let the American people that ACA will destroy health care in our country.
The analogy is not getting insurance while you house is on fire, it is more like getting insurance after your house already burned to the ground two months after you stopped paying the premiums.
Don’t we have the technology to send probes to various planets in our solar system?
I love it!
“It isn’t available.”
I wouldn’t even use that in an email to let everyone know the printer in the back is on strike.
...it’s what happens when you make the doctors slaves...
I see that contention all the time, and it may have been the goal at the outset. But, unfortunately for the "progressives," the roll-out of the ACA has been so clumsily-handled that the thing has become the biggest guffaw since Gerald Ford wanted us to wear Whip Inflation Now buttons. Always prone to overreach, the "progressives" have overreached so far this time that they have become the object of almost universal ridicule. That hardly bodes well for this piece of "signature legislation."
No Democrat up for re-election in the mid-terms wants to be tarred with this brush, and so the party is almost forced to run away from the ACA -- they certainly will take no steps to expand it, because that would only keep it in the news all through the cycle.
And quick on the heels of that is the new Presidential campaign. Republicans running will hammer the ineptitude of the ACA unmercifully, and the last thing Democrats seeking Obama's job will want is to be associated in any way with this epic fail.
I really can't see any future at all for the ACA, at least not in the near-term and certainly not in its present form. It's wise to remember the old adage, "Success has many fathers, while failure is an orphan."
Some docs are demanding the deductibles up front ..... so, you need surgery and before it happens, you have to cough up $6K or $8K or $12K ... before the procedure.
You think corruption is cool? Are you nuts?
Isn’t this a bit of a contradiction in terms? If people don’t pay the premiums, they get a 3 month grace period. But then, if they still don’t pay, their policy is cancelled? But then, is that really going to happen, if we’re all required to have insurance, would they really just cancel someone’s policy????
Doctors are now responsible for Obama?
The copay is the least of it. With $5000 or even $12,000 deductibles, the insurance company doesn't pay anything to the hospital or doctor until the patient owes or pays the deductible. How many people getting one of the subsidized premiums have 5 or even 10 thousand dollars available to them immediately? The healthcare providers are taking a huge credit risk.
Meanwhile, the unsubsidized family paying $1500 per month in premiums has less ability to save up the 5 or 10 thousand dollars they will need to cover their deductible and keep paying the premium. The most likely scenario is that as soon as the first $1000 medical bill arrives the family stops paying the premium and diverts that money to the hospital. Since you haven't crossed the deductible threshold yet, paying what you do owe is smarter than paying for coverage for what you might owe later - particularly if you are near the end of the year and can re-enroll next year.
Ha...with the software screw up they will be cancelling the wrong people.....just try logging on to get that fixed.
Could happen, it would take some bold folks to do it. Govt is currently funding 46% of all healthcare.
Uninsured medical bills are typically repaid at 3 to 7 percent currently.
But some success stories could entice others to jump in. It could become a profitable niche.
Hospitals and providers are or at least should be well apprised of this loophole. 0-care exchange patients are generally going to be poor credit risks. Those with high paying jobs will generally have employer based insurance. Most of the 0-care patients, at least this year, will be working in lower and middle income wage jobs.
Because margins for most providers are tight due to declining reimbursememnt across the board, they must capture co-pays and deductibles for the lowest possible cost which means payment in full at the time of service. Using collection agencies costs 30-50% of the amount collected, and even worse, depending on the age of the account, many if not most accounts will be uncollectable due to bankruptcy. Moreover, those hospitals and providers taking 0-care insurance will have leverage over patients because the provider networks are intentionally very restricted.
Of course, emergency cases cannot be turned away, and ERs will close and those staying open will be overcrowed. But most medical care is elective, and without paying the co-pay, the deductible or proof of premium payment, patients will not receive care. This is why, despite the hype of universal coverage, many hospitals are making cutbacks. Patients caught in the 0-care exchange vortex will be paying more out of pocket thus driving down demand.
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