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Keyword: exchange

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  • North Korea Says It May Give Up Nuclear Weapons If U.S. Abandons Them First

    11/15/2017 10:09:47 PM PST · by 2ndDivisionVet · 19 replies
    Yahoo! News ^ | November 15, 2017 | Tom O’Connor, Newsweek
    North Korea suggested Wednesday it may be open to giving up its nuclear weapons, but only if the U.S. did so first. Ruling Korean Workers' Party newspaper Rodong Sinmun published a commentary Wednesday in which the country's authoritarian leadership challenged President Donald Trump to reverse his support for a bigger, stronger U.S. nuclear weapons arsenal and adopt a non-proliferation policy. North Korea has argued its weapons of mass destruction stockpile was necessary only to prevent the U.S. from overthrowing the government of Kim Jong Un, which the U.S. has threatened to do by force if he did not abandon his...
  • Aetna Completely Exits Obamacare Exchanges, Cites Massive Losses

    05/10/2017 4:31:20 PM PDT · by Enlightened1 · 27 replies
    The Washington Examiner ^ | 05/10/17 | Kimberly Leonard
    Health insurance giant Aetna said Wednesday that it will not be participating in any Obamacare exchanges in 2018. "Our individual commercial products lost nearly $700 million between 2014 and 2016, and are projected to lose more than $200 million in 2017 despite a significant reduction in membership," T.J. Crawford, Aetna spokesman, said in an email. The reason for the losses, he said, came from structural issues within the exchanges "that have led to co-op failures and carrier exits, and subsequent risk pool deterioration." He did not cite uncertainty over the future of Obamacare, as the company had done when it...
  • A student exchange to provincial USA

    11/06/2016 7:20:31 PM PST · by European Guest · 36 replies
    TAZ ^ | 07.11.16 | Paulina Unfried
    At age 17 our author – a left-liberal, big-city Berlin girl – wants to go to New York, and lands up in Minnesota amongst nothing but Trump fans. What now?
  • The Matrix of Heaven(part 3)[Charismatic Caucus)

    03/30/2016 9:30:29 AM PDT · by Jedediah · 6 replies
    The Joshua Chronicles,Bible ^ | 3-30-16 | Bible, Holy Spirit
    You "ARE" My Spearhead,staff and Sword You are my Jobs that stand in adversity, My Samuels that go and declare for me, My Ezekiels that speak life to dead bones, My mighty men that fearlessly face the enemy alone, My Daniels that pray until My angels come with breakthrough, My Johns of the wilderness speaking My testimony each day anew, My Matthews, Lukes and Timothys, Bringing words of hope and eternal life setting wellsprings free, My pauls with lifes turned over to me, Never looking back as Lot's wife but instead into what My spirit sees, For you are constructed...
  • LONE PROFITABLE ACA INSURANCE CO-OP LOSING MILLIONS (Maine)

    12/10/2015 6:25:29 PM PST · by dynachrome · 10 replies
    AP ^ | 12-10-15 | TOM MURPHY
    The lone health insurance cooperative to make money last year on the Affordable Care Act's public insurance exchanges is now losing millions and suspending individual enrollment for 2016. Maine's Community Health Options lost more than $17 million in the first nine months of this year, after making $10.9 million in the same period last year. A spokesman said higher-than-expected medical costs have hurt the cooperative.
  • Obamacare is dead

    11/05/2015 3:59:11 PM PST · by GilGil · 71 replies
    National Review ^ | 11/4/2015 | Kevin Williamson
    the so-called Patient Protection and Affordable Care Act (ACA) has failed. The grand vision of an efficient pseudo-market in health insurance under enlightened federal management — the heart of Obamacare — is not coming to pass. Obamacare, meaning the operating model that undergirded the law that Congress passed and President Barack Obama signed with great fanfare — is dead, and it will not be revived. What remains is fitful chaos.
  • Obamacare's Latest Casualty: Largest Health Insurer On Colorado Exchange Abruptly Collapses

    10/16/2015 3:41:56 PM PDT · by smartyaz · 53 replies
    Zero Hedge ^ | 10/16/15 | Tyler Durden
    With the mainstream media, at least the majority that is left of center, flooded with story after story touting Obamacare's success, the news coming this morning from Denver that Colorado's largest nonprofit health insurer and participant in that state's insurance exchange Colorado HealthOP is abruptly shutting down, forcing 80,000 Coloradans to find a new insurer for 2016, was a slap in the face for the Obama administration's crowning achievement. According to AP, the health insurer announced Friday that the state Division of Insurance has de-certified it as an eligible insurance company. That's because the cooperative relied on federal support, and...
  • Angry investors capture head of China metals exchange

    08/23/2015 8:57:44 PM PDT · by Leaning Right · 18 replies
    FT.com ^ | August 23, 2015 | Lucy Hornby
    The Financial Times is very sensitive about cut-and-paste. So suffice to say that a mob grabbed the head of a Chinese metals exchange, roughed him up, then turned him over to police.
  • A Bonus for a Botched Obamacare Exchange

    08/03/2015 4:17:13 AM PDT · by rootin tootin · 1 replies
    American Spectator ^ | 8/3/2015 | David Catron
    When former Maryland governor Martin O’Malley signed the bill that created his state’s Obamacare exchange, he bragged that it was “being established using no state funds… due to federal grants.” Later, when the online “marketplace” exploded on the launch pad and a new IT company was hired to untangle the wreckage, O’Malley’s top health official assured Maryland voters that this would be paid for with “leftover federal grants.” Consequently, it surprised many when Maryland’s Attorney General announced a $45 million settlement with the original contractor the proceeds of which would be split between the federal government and the state. But...
  • O´Malley, Obamacare, and the Technocracy Myth

    07/27/2015 4:30:12 AM PDT · by rootin tootin · 1 replies
    American Spectator ^ | 7/27/2015 | David Catron
    When Democrat Martin O’Malley announced his presidential bid, the media billed him as part of a new generation of talented technocrats. The former Maryland governor, as one outlet put it, “helped pioneer a data-driven approach that made government more efficient.” These people have evidently forgotten the spectacular failure of Maryland’s online Obamacare exchange, which crashed moments after launch because O’Malley and his administration studiously ignored ominous data provided by its technical experts. In other words, O’Malley’s “data-driven approach” didn’t involve looking at actual data. It consisted of telling the media that Maryland’s exchange would be a “model for the nation.”...
  • Cash-strapped State ObamaCare Exchanges Considering Mergers

    05/31/2015 6:06:25 AM PDT · by VitacoreVision · 19 replies
    The New American ^ | 31 May 2015 | Michael Tennant
    State ObamaCare exchanges are fast running out of cash because of higher-than-expected costs and lower-than-expected enrollment. In an attempt to keep their heads above water, many exchanges are considering combining some of their operations with those of other states — a tactic that may prove as difficult as setting up the exchanges in the first place and that raises the specter of fully nationalized health insurance.The Obama administration, under the terms of the Affordable Care Act (ACA), disbursed about $5 billion in subsidies to states to get their exchanges up and running. After that, the exchanges were supposed to be...
  • The Head Of Colorado’s Obamacare Exchange Thinks It May Ultimately Fail

    04/08/2015 8:32:12 PM PDT · by Nachum · 8 replies
    The Daily Caller ^ | 4/8/15 | Sarah Hurtubise
    The board chair of Colorado’s Obamacare exchange said in off-the-cuff remarks Wednesday that the state-run operation may not be able to cut it financially. Sharon O’Hara, board chair of Connect for Health Colorado, was pushing the board’s pick for a new CEO of the exchange for state lawmakers’ approval Wednesday when she made the comments, according to Denver’s 9 News. O’Hara expressed confidence in Robert Malone’s ability to right the troubled exchange’s finances — if it’s possible at all. “If this is doable,” O’Hara said, “he can make it happen.” When pressed on her qualifier by Republican state Sen. Beth...
  • MNsure’s birth: A tale of incompetence, report suggests

    02/18/2015 5:45:22 AM PST · by TurboZamboni · 2 replies
    MPR ^ | 2-17-15 | Bob Collins
    Today’s release of the review of MNsure from the Office of the Legislative Auditor leaves a big question for MNsure’s board of directors and the Commerce Department: What were you thinking when you put such incompetence on the payroll? This one page in the report concerning the development of the technological infrastructure by MNsure is a how-to on developing something that is sure to fail. MNsure rejected the auditor’s finding on this point, saying it contradicts the facts. It contends the I.T. agency’s participation was robust, although it acknowledges its expertise “was not utilized in the early stages of the...
  • ROBBER BARON BANKERS: Scam $1.3 Quadrillion/yr

    11/14/2014 9:06:30 AM PST · by ednoonan7 · 8 replies
    American Resistance Party ^ | Nov 14, 2014 | Edward C Noonan
    PRESS RELEASE NOVEMBER 14, 2014 ROBBER BARON BANKERS: Scam $1.3 Quadrillion/yr November 14, 2014 – Reuters reported yesterday: “Regulators fined six major banks including Citigroup (C.N) and UBS (UBSN.VX) a total of $4.3 billion for failing to stop traders from trying to manipulate the foreign exchange market, following a year-long global investigation. HSBC (HSBA.L), Royal Bank of Scotland (RBS.L), JP Morgan (JPM.N) and Bank of America (BAC.N) also face penalties resulting from the inquiry that has put the largely unregulated $5 trillion-a-day market on a tighter leash, accelerated the push to automate trading and ensnared the Bank of England.” See:...
  • PreferredOne premiums will jump

    10/15/2014 5:31:14 PM PDT · by TurboZamboni · 7 replies
    Star Tribune ^ | 10-14-14 | CHRISTOPHER SNOWBECK
    The insurer pulled out of the MNsure exchange and foresees a 63 percent average premium increase. Sticker shock could be on the horizon for thousands with coverage from PreferredOne, the top-selling health plan in the first year of the MNsure exchange. The Golden Valley-based insurer said Wednesday that its individual market subscribers will see an average premium increase next year of 63 percent. The company plans to send letters at the end of October telling individuals exactly what to expect, since the average represents a blending of higher and lower rates for individuals that vary by age, geography and smoking...
  • MNsure says 2015 premiums going up but will remain nation's lowest

    10/01/2014 7:50:32 PM PDT · by TurboZamboni · 3 replies
    Pioneer Press ^ | 10-1-14 | Nick Woltman
    Premiums on the state's MNsure health insurance exchange will rise in 2015, but they will still likely be the lowest in the nation. The Minnesota Department of Commerce said Wednesday that the rates offered by the four insurers still participating in the exchange will increase an average of 4.5 percent over their 2014 levels. "Not only is the average rate increase low for companies returning to the exchange, but Minnesotans living in each area of the state will have more product choices available this year to fit their individual health insurance needs," Commerce Commissioner Mike Rothman said in a statement....
  • Is Obamacare Collapsing In Minnesota?

    09/17/2014 6:54:07 PM PDT · by markomalley · 34 replies
    Powerline ^ | 9/17/2014 | John Hinderaker
    Obamacare in Minnesota is called MNSure. The state had the usual problems (worse, I believe, than in most states) getting its system and its web site up and running. Once the enrollment period got underway, the dominant insurer turned out to be PreferredOne. Reportedly offering the lowest premiums in the nation, PreferredOne signed up nearly 60% of all MNSure participants. So it was a bombshell when PreferredOne announced earlier this week that it will no longer participate in the state’s exchange, saying that “continuing to provide this coverage through MNsure is not sustainable.”It seems a foregone conclusion that this will...
  • Big Minnesota insurer leaves Obamacare site

    09/16/2014 3:09:45 PM PDT · by TurboZamboni · 6 replies
    yahoo ^ | 9-16-14 | Dan Mangan
    Minnesota Obamacare is calling it quits. PreferredOne, the insurer that sold nearly 60 percent of all private health plans on Minnesota's Obamacare exchange, on Tuesday said it would leave that marketplace. PreferredOne's plans were the lowest-cost options on that exchange, known as MNSure. PreferredOne cited the costs of doing business on MNSure as the reason for its surprising decision, saying that selling plans is "not administratively and financially sustainable going forward," according to KSTP.com, the website of that Minnesota TV News network.
  • For the Left, Cool Is King

    07/26/2014 6:33:07 PM PDT · by afraidfortherepublic · 9 replies
    National Review ^ | 7-26-14 | Jonah Goldberg
    Conservatives need to get over their insecurities about not being cool in the eyes of liberals. ear Reader (including the many new anti-Semitic and just plain bat-guano crazy people who’ve wandered into my life in recent days), Last night I said on Twitter: Forgetting may not be the right word. Though if this was the Soviet Union, teams of fat-fingered bureaucrats would be airbrushing his likeness from all official records. In case you’re not up to speed, let’s recap. It’s really a wonderful, feel-good story for the whole family. In the Halbig decision this week, the court ruled that according...
  • MNsure failing to produce results

    07/23/2014 9:12:27 AM PDT · by TurboZamboni · 6 replies
    Quad Community Press ^ | 7-22-14 | Linda Runbeck
    It’s been almost one year since Minnesota rolled out its state version of Obamacare, called MNsure. How is this experiment with government-run health care working? Let’s start with the basic fact that Minnesota’s health care is second to none. Before MNsure, close to 97 percent of Minnesotans had health insurance coverage or were eligible to procure it at very low or no cost. This was among the highest percentage of insured people in the nation. Some $160 million in taxpayer money has been spent to launch MNsure, and we are no better off today. The state had two unique programs:...