First step to self-insurance:
Just my opinion, of course, but it's working for me.
Posted on 04/03/2014 7:02:34 AM PDT by Mount Athos
As the first Obamacare enrollment period comes to a close, U.S. insurers are already anticipating the need to raise prices for 2015 and fear that it will put them at the center of the political blame game over President Barack Obama's healthcare law. [...]
Insurers have already said that the first group of new enrollees under Obamacare, as the law is widely known, represent a higher rate of older and costlier members than hoped. To keep their health plans from losing money in the coming years, many expect monthly premium rates to rise by double-digit percentages in some parts of the country. [...]
U.S. Senator Marco Rubio, a prominent Republican critic of Obamacare, said the skew of enrollment towards older consumers who are more likely to be sick is one of the program's fundamental flaws and proof it should be changed or even repealed.
While he said insurers may have no choice but to raise prices to prevent major losses, he opposes provisions in the law that provides funding to the industry in the next few years to offset such risks.
"I think what they should be more concerned about is that once the exchanges fail and once this happens, that the argument that might come from the administration would be 'well, the reason this is happening is the greedy insurance companies want to make more money' as opposed to these companies are simply pricing out what it is they are getting,"
"I would say to you that many of these companies were willing participants in all of this. Many of them supported the law, thinking it was going to force more customers in their direction. It's not turning out the way they planned," he added. "I'm not sure that taxpayers should be involved in paying for it."
(Excerpt) Read more at news.yahoo.com ...
That would actually be an accomplishment if it weren’t possible to put the “cuts” out ten or twenty years.
“In order to fund our benevolent Rinocare System we will cut waste, fraud and abuse from the system by 2075!”
All Washington is a reeking pile of waste, fraud and abuse.
I would like to see insurance companies justify their increases. A report stating how many uninsurables with pre-existing they picked up or how many older folks even.
Big Pharma and the AARP gang got some ‘splainin to do, too.
I know Ted Cruz is going to be Palined by the media, by the left and by the Rinos but it seems to me that he, or someone like him, is the country’s only hope.
And in order to come close to winning he (or she) will have to run on American greatness, power, achievement, prosperity, on doing your own work and paying your own bills, on America as the Country of Broad Shoulders and Big Hearts, as the Shining City on the Hill.
If Cruz or someone can and will do that, and then we lose anyway-—then our nation is finished and we can all go about our preparations for its close.
Hey, idiots, you lie down with dogs...
The insurance companies figured they couldn’t lose when all of us were forced to buy their insurance policies. They’d be rolling in the dough...our pockets would be empty. Well, guess what, suckers???? Clown Prince nobama and his commie minions are going to grind you up.
Bwaahahahahahahahahahahahahahahahahaha.
As I recall , some insurance companies started to speak out regarding increased expense, additional codes, electronic fileing requirements ,
needless requirements, additional staffing needs, etc.
that some of the insurance companies began to speak out against the Federal requirements
and were coerced into silence by the Fed .
Their only option was to " OPT OUT " of the State Insurance Boards , and many of them did "Opt Out ".
This system is legal 'entrapment',a 'set up' to impose additional costs to the consumer which makes the insurance industry into the "boggie man "
and ignore the needless Federal additional mandates .
That has long been one of my arguments, and I think it is somewhat brushed aside as an issue. People will be making a choice between paying for health insurance or paying for anything else that might be discretionary. So many of the pols act like we can just cough up more money when needed (like the government, right?).
More of a fascist than a communist scheme... but in the end, same thing.
Fascism is pretty much what we have to have here in order for them to achieve their ends. They still have to fear the people and thus need a scapegoat for their failures.
If they didn’t need to fear the people, they’d go full on commie and just take over the industry, and kill anyone that pointed out their failures.
My wife and I are good friends with the president of a major health insurance company. On Saturday, we will be meeting with her and her husband for dinner and I’m sure the Obamacare fiasco will be discussed. I am looking forward to getting her opinion on what is happening and what will happen.
Stay tuned.
What was once an "employment benefit" ( health insurace) held locally
Is now Federally mandated as a "TAX"
So what was a benefit is now a liability , and removed from local control to Federal governmental centralized liability.
Have you ever heard of a Tax being removed , or lowered ?
Yeah !! .. me either !!
First step to self-insurance:
Just my opinion, of course, but it's working for me.
Exactly true !!
“Stay tuned.”
If she is president of the company, I suspect she’s not all that worried. She’s laid the ground work for when the company fails, she’ll be rewarded. And I’m sure she has a contingency plan that will help her land a plum job somewhere else.
If I can see this all coming, there is no way that the executive team at health insurance companies didn’t see it coming too. They probably figured they had to support Obama, because if obamacare won, they’d be severely punished. If obamacare was defeated, they wouldn’t have lost anything by supporting the boy king’s efforts.
This is their worst case scenario.
And then single provider.
Heh. I’m with you. We actually purchased a masticising juicer a few months ago and grow our own beef and have a half acre garden. I’m finishing up plans for a 30x35 greenhouse as well.
We’ve become believers in the Gerson Diet as well. We had heard of it a few years ago and then a friend was diagnosed with stage four cancer. She used the Gerson treatment and was 100% cured. Her doctors are actually kinda ticked.
Bottom line is that it is important to take care of yourself, starting with exactly what you posted. This is especially true in the post-Obamacare US.
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