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New ObamaCare angst as top insurer threatens to bail - payout to insurers is .13 on every $1.00
The Hill ^ | November 20, 2015 | Sarah Ferris

Posted on 11/20/2015 3:56:44 AM PST by Cincinatus' Wife

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1 posted on 11/20/2015 3:56:44 AM PST by Cincinatus' Wife
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To: Cincinatus' Wife

Hey insurers, welcome to the world of the productive taxpayer, whose return is about 1 penny on the dollar while his neighbor on ‘disability’ plays golf and mows his lawn.


2 posted on 11/20/2015 3:58:12 AM PST by relictele (Principiis obsta & Finem respice - Resist The Beginnings & Consider The Ends)
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To: Cincinatus' Wife

death spiral.


3 posted on 11/20/2015 4:00:03 AM PST by avital2
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To: avital2; relictele

Universal healthcare - single payer - government “health”care coming over the horizon?


4 posted on 11/20/2015 4:04:13 AM PST by Cincinatus' Wife
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To: Cincinatus' Wife
So Obama’s claim to infamy is sinking like the proverbial turd in a punchbowl....just like his presidency!!!
5 posted on 11/20/2015 4:09:43 AM PST by ontap
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To: Cincinatus' Wife

At the hardware store there are fine thread screws and coarse thread screws. Obamacare is a coarse screw.


6 posted on 11/20/2015 4:12:06 AM PST by Senator_Blutarski
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To: All

Barack Obama: If you want to keep your healthcare, your doctor, you can.

Obama on refugee refusal: “[Republicans have] been playing on fear in order to try to score political points or to advance their campaigns. And it’s irresponsible. And it’s contrary to who we are. And it needs to stop, because the world is watching.”

Mr President AMERICANS ARE WATCHING!!!!!!!!!!!

Sec of State John Kerry: “It’s inappropriate for Americans to panic.”


7 posted on 11/20/2015 4:14:05 AM PST by Cincinatus' Wife
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To: Cincinatus' Wife

‘You may not be interested in war, but war is interested in you.’ - supposedly said by Trotsky but disputed he said it all.

Still, the doctors, nurses and other medical practitioners who entered the field for whatever reason can and must become the primary resistors of Obama’s USNHS pipe dream.

Every nation that has socialized medicine declared its intentions openly and the medical types knew what they were getting into. Obama, of course, is too cowardly and devious for such declarations and has instead lied about it all.

The medical professionals never signed up to become bureaucrats but they are now punching in more data than a DMV clerk.

When medicine is politicized, then politics will be about medicine, since we all will need it sooner or later. Politicians know nothing about the subject except it costs money therefore rationing and the usual budget games will be dominated by rhetoric about dialysis machines etc.

Also politically, the Dems dream of a new militant public-sector union comprised of high earners with advanced degrees who will make contributions (read: bribes) and become life-and-death ideological shock troops.

If Sally Scrubs the neonatal nurse doesn’t want to become a government stooge then she had better wise up, put her dry-erase marker down and do something about it.


8 posted on 11/20/2015 4:17:16 AM PST by relictele (Principiis obsta & Finem respice - Resist The Beginnings & Consider The Ends)
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To: Cincinatus' Wife

13 cents on the dollar? That’s an ROI any business can live with. After all, healthcare should be free right?


9 posted on 11/20/2015 4:17:25 AM PST by Artie (We are surrounded by MORONS)
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To: Artie

Honestly it isn’t bad. Makes me wonder what the average is.


10 posted on 11/20/2015 4:23:38 AM PST by redgolum
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To: Cincinatus' Wife

You said...
“Universal healthcare - single payer - government “health”care coming over the horizon?”

No


11 posted on 11/20/2015 4:25:20 AM PST by LMAO (#BlackLivesMatterWhenItsForPoliticalPoints)
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To: relictele

Got a neighbor here doing that.
She does not work. He works cash. Both claim disability, food stamps, and free breakfast, lunch for their kid.

They moved from NY state 3 years ago to rent a fixer upper house and the first thing was to call the cops on neighbors claiming he and she were racially harassed because she is white and he is black, and they live here in the south in a all white neighborhood, in one of the whitest counties in FL.

They had the only Obama sign in the neighborhood and used to taunt people who would drive by the house by pointing to it and laughing.

Everyone knows they are scum, but they don’t care as long as we all go to work and pay for their Florida living.


12 posted on 11/20/2015 4:25:34 AM PST by manc (Marriage =1 man + 1 woman,when they say marriage equality then they should support polygamy)
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To: Artie
13 cents on the dollar? That’s an ROI any business can live with.

Absolutely...but ROI of -0.87 on every dollar tends to make shareholders somewhat cranky.

13 posted on 11/20/2015 4:27:49 AM PST by BoringGuy
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To: Cincinatus' Wife

Yep. My corp has already said they’re going to be looking at public exchanges next year, assuming there are any. That’s after $100/month increases this year.


14 posted on 11/20/2015 4:28:45 AM PST by mykroar ("Never believe anything until it has been officially denied." - Otto von Bismarck)
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To: Cincinatus' Wife
""Congress has the power to address that shortfall, but GOP leaders have expressed no interest in authorizing more funding."

OK, now I understand. When Obamacare goes under, it will all be the Republicans fault.

15 posted on 11/20/2015 4:34:15 AM PST by norwaypinesavage (The Stone Age did not end because we ran out of stones)
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To: Cincinatus' Wife

Only Democrats are stupid enough to think that a government with over $100 TRILLION in liabilities that will end in the nation’s bankruptcy would be competent enough to run the nation’s health care. If our education system taught students how an economy works, it would cut down on Democrat voters.


16 posted on 11/20/2015 4:36:59 AM PST by txrefugee
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To: manc

I once met a girl who was a fraud investigator for state welfare/disability. I told her she was about as effective as a fireman with a blowtorch. Of course she didn’t think that clever or amusing.


17 posted on 11/20/2015 4:37:42 AM PST by relictele (Principiis obsta & Finem respice - Resist The Beginnings & Consider The Ends)
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To: Cincinatus' Wife
“Universal healthcare - single payer - government “health�€care coming over the horizon?”

Potentially, or a ‘two-tiered’ system like those that have developed in most socialist nations. Those who can afford it will pay for higher-level care, those who can't will have the waiting periods and restriction of care that is common in those socialist nations. It will provide less care for the underprivileged than they have been getting in our previous private insurance system.

As far as 0.13 cents on the dollar, this is what physicians and hospitals are used to getting from medicare/medicaid.

18 posted on 11/20/2015 4:38:36 AM PST by pieceofthepuzzle
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To: norwaypinesavage

For the left, that may be the only upside to a GOP president post Obama.

You just know ‘The ACA Funding Crisis’ will become a media trope they will toss in the lap of every Republican foolish enough to appear on camera.


19 posted on 11/20/2015 4:39:19 AM PST by relictele (Principiis obsta & Finem respice - Resist The Beginnings & Consider The Ends)
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To: Cincinatus' Wife

six month wait for MRI like in England?

great idea giving everyone access to healthcare for free, even AFTER the fact if they get sick.

i’ve never heard such insanity


20 posted on 11/20/2015 4:46:03 AM PST by dp0622 (..)
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