The PPACA - Implementation Phase I

[FreshFish]

Re: The PPACA - Implementation Phase I

If by your definition young people overpay now, and will continue to do so, how is this a travesty of Obamacare?

"Travesty" is your word, not mine. That seems a bit hyperbolic. and how does it become "my" definition? I didn't write the law.

Generally, insurance pricing is proportionate to risk. The concept is to pool risk so that each person puts up a relatively small, known amount in exchange for the prospect of receiving a large sum if certain adverse events occur. When you pool risk, you typically pool together people with similar risk profiles.

The law is written so that young healthy people are asked to pay more than what their risk profile warrants. It is also written so that older, sicker people are asked to pay less than what their risk profile warrants. The excess of the former is supposed to cover the shortfall of the latter.

All of this is well-known and widely reported. It has nothing to do with me.

There is a far better way to accomplish the desired ends.

Re: The PPACA - Implementation Phase I

can one of the attorneys here explain why the "navigators" who supposedly are helping people sign up don't have to comply with HIPAA?

Meanwhile, regarding one of these "navigators":

Just the kind of company we'd all trust with our SSN and medical history, eh?

How dare you criticize a private company! Communist!

[FreshFish]

Re: The PPACA - Implementation Phase I

Just curious. Do you also consider Exxon on the dole? Lockheed? ADM? Monsanto?

Don't know about him, but I would, yes. Though the term "crony capitalism" is more generally used. Any major bank, any green energy company, yes, any company that uses connenctions and influence to receive favorable special treatment from the government for themselves that isn't generally available. "Equal protection under the law" is now a farce. There are so many exceptions and "special cases" that it seems like no law is applied equally to everyone any more.

The Secretary of the Treasury doesn't pay all the income taxes he owes, no big deal. The Senate and the President haven't submitted a budget in five years and counting, so what.

The President doesn't even bother asking for an inconvenient law to be changed, he now just arbitrarily announces he won't enforce it. his sycophants here cheer him on; Congress shrugs its shoulders and does nothing, the courts rule that no one has "standing" to sue to stop it.

[FreshFish]

Re: The PPACA - Implementation Phase I

can one of the attorneys here explain why the "navigators" who supposedly are helping people sign up don't have to comply with HIPAA?

Meanwhile, regarding one of these "navigators":

The nonprofit Seedco ... snagged lucrative multimillion-dollar navigator contracts in Georgia, Maryland, Tennessee and New York.
....
less than a year ago, Seedco agreed to settle a civil fraud lawsuit “for faking at least 1,400 of 6,500 job placements under a $22.2 million federally funded contract with the city.”

Seedco’s behavior is said to have gone far beyond defrauding taxpayers through abuse of New York programs, federal Labor Department funding and federal stimulus dollars.

only after the US attorney’s office in Manhattan brought suit did the organization acknowledge systemic, repeated wrongdoing. Seedco forked over a $1.7 million settlement in December 2012.

The Nonprofit Quarterly said Seedco’s fraud was “kind of breathtaking” in its “creativity and illegal audacity.

Just the kind of company we'd all trust with our SSN and medical history, eh?

[FreshFish]

Re: The PPACA - Implementation Phase I

Those poor, poor, poor rich people, who have to pay a little more to fund healthcare.

Like the members of Congress who make $174,000 annually yet were unwilling to comply with that section of PPACA that required them to live under the same rules as anyone else who is forced to acquire coverage through state / federal exchanges? you seemed eager to defend them receiving a continued subsidy even though their income levels are too high to qualify for subsidized coverage.

i guess consistency is not your strong suit, eh?

Re: The PPACA - Implementation Phase I

Congratulations to him, he's now successfully placed himself on the dole.

Just curious. Do you also consider Exxon on the dole? Lockheed? ADM? Monsanto? Am I on the dole? Who do you consider to be "on the dole"?

[Rover]

The money to pay for his insurance come from out of the air,its FREE

Those poor, poor, poor rich people, who have to pay a little more to fund healthcare. I almost missed the story where they gave away all their money and became homeless in order to beat the new taxes.

[walrus]

Re: The PPACA - Implementation Phase I

I completely understand the man's motive, and I'd do the same if I was in his position, however, let's simply not fool ourselves as to what's ultimately happening here.

The money to pay for his insurance come from out of the air,its FREE

[Old Pio]

Re: The PPACA - Implementation Phase I

What a travesty.



Facts? We don't need no stinkin facts!

You want facts? Check with Ira Magaziner.

Re: The PPACA - Implementation Phase I

50 Million? Heh, peanuts for them guys. I bet he gets more than that.

I haven't checked recently, I just remember that the CEO of BCBS received a $44M bonus in the first year of MaineCare, when the insurance giant was supposed to reimburse the state of Maine...$44M....what a happy coincidence.

[St. Clown]

Re: The PPACA - Implementation Phase I

Yes, he should still be paying $13K per year to get crappy coverage so the CEO of BCBS can get a $50M bonus.

I completely understand the man's motive, and I'd do the same if I was in his position, however, let's simply not fool ourselves as to what's ultimately happening here.

[ScoobyDoo]

Re: The PPACA - Implementation Phase I

Yes, he should still be paying $13K per year to get crappy coverage so the CEO of BCBS can get a $50M bonus.

50 Million? Heh, peanuts for them guys. I bet he gets more than that.

[LynahFan]

Re: The PPACA - Implementation Phase I

When the government mandates demand, of course there will be a huge amount of traffic on the first day everyone is required to start purchasing the product. They didn't design to handle peak needs.

I presume there were also a lot of "tourists" just checking out the exchanges to see what they were like, even if they had no intention of purchasing a plan on the first day (or ever, in some cases - I'm sure I'll browse around at some point to check it out, even though I doubt I'd find a plan better than my current employer-provided one).

Re: The PPACA - Implementation Phase I

Congratulations to him, he's now successfully placed himself on the dole.

Yes, he should still be paying $13K per year to get crappy coverage so the CEO of BCBS can get a $50M bonus.

[St. Clown]

Re: The PPACA - Implementation Phase I

What a travesty.



Facts? We don't need no stinkin facts!

Congratulations to him, he's now successfully placed himself on the dole.