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TheKentuckian

(26,314 posts)

88. The "reform" 8s specifically designed to limit their fuck ups and putting the full faith and credit

Fri Aug 7, 2015, 05:38 AM

Aug 2015

of the United States behind them as the officially sanctioned gatekeeper of health care in the country.

The really sharp and able to see beyond the next quarter big wigs had sense enough to work a situation where they could come out of the coming death spiral while consolidating market share and increasing profits.

Stopping the insane growth as percentage of GDP is not a problem, the inflation is still too high but as the boomers came off and rates skyrocketing while benefits get slashed was setting up an adverse selection situation and I believe more than would ever be let on drawing the ire of the captains of other industry both from an expense and "the ocean called to tell you it is running out of shrimp" factor perspectives.

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Health Insurers plan to Merge. Rates to Rise. We Blew it with Healthcare [View all] Armstead Aug 2015 OP

yup Skittles Aug 2015 #1

No, we didn't blow it. We took a significant step ahead, especially with the Medicaid expansion, pnwmom Aug 2015 #2

The more the insurance companies fuck up TexasBushwhacker Aug 2015 #46

The "reform" 8s specifically designed to limit their fuck ups and putting the full faith and credit TheKentuckian Aug 2015 #88

This message was self-deleted by its author Journeyman Aug 2015 #3

Of course, a single payer would have been better but we must give credit to Obama Live and Learn Aug 2015 #4

I would hope so, but it doesn't seem to work that way -- We put up with abuse Armstead Aug 2015 #25

Haven't the profits for health care insurers been limited? LakeVermilion Aug 2015 #5

80% of premiums must be paid back as benefits.... Adrahil Aug 2015 #6

As long as Pharma can keep charging outrageous prices, and providers and hospitals djean111 Aug 2015 #11

They wouldn't have signed off on Heritage Care without the guaranteed profits Doctor_J Aug 2015 #36

I've been squabbling with my insurer over 30 day Rx vs 90 day Ilsa Aug 2015 #73

You might want to call Costco, if there is one near you. djean111 Aug 2015 #75

I'll look into it. Thanks! nt Ilsa Aug 2015 #79

Let's suppose there is a business that makes $100 million in revenue annually. Nuclear Unicorn Aug 2015 #15

Lol, it doesn't have anything to do with "revenue" cbdo2007 Aug 2015 #44

So where do insurance company revenues come from? Nuclear Unicorn Aug 2015 #45

And I'm sure they'll all follow the law! Doctor_J Aug 2015 #22

Yes still_one Aug 2015 #76

who could have predicted that? KG Aug 2015 #7

Example of a current merger. Lint Head Aug 2015 #8

Example of a major talking point issue on the ACA in tonight's debate. Bet on it. kelliekat44 Aug 2015 #9

This has been floating around for a while. I think they don't care about the politics of it Armstead Aug 2015 #27

A public option would have helped immensely. Wish POTUS had fought for one like he does the TPP. Scuba Aug 2015 #10

A public option is exactly what was needed to prevent this problem. Vinca Aug 2015 #12

I, too, wish he had fought for a public option like he fights for the TPP. nt City Lights Aug 2015 #30

There is nothing to prevent one TODAY except for the will of Congress. pnwmom Aug 2015 #50

As soon as the health insurance corps became the central feature of the ACA Nuclear Unicorn Aug 2015 #13

President Sanders will use this to rally public support Martin Eden Aug 2015 #14

And once they all merge Blue_Adept Aug 2015 #16

Yeah, that's gonna happen Armstead Aug 2015 #28

So now monopolies are good! Doctor_J Aug 2015 #37

The invisible hand of the market is spanking us yet again deutsey Aug 2015 #17

Well, we've always needed health care. raouldukelives Aug 2015 #18

I actually think it will be better with just a few large insurers. First, providers are combining Hoyt Aug 2015 #19

Thanks for the view on the other side. nc4bo Aug 2015 #20

Hoyt is a dedicated corporatist who believes in the innate benevolence of Doctor_J Aug 2015 #23

I'd rather regulate a few greedy insurance CEOs than hundreds of them, which is what we have now. Hoyt Aug 2015 #24

I it;s gonna be a business, I'd rather there be a diverse and competative marketplace Armstead Aug 2015 #31

Admittingly on 1st read, I lost it. nc4bo Aug 2015 #26

There will be NO oversight -- It will be a true monopoly controlled by the oligarchs Armstead Aug 2015 #33

Tell you what, call up a doctor's office and tell them you will be paying cash since you are Hoyt Aug 2015 #49

I disagree Armstead Aug 2015 #29

There's a reason we have anti-trust laws. Nuclear Unicorn Aug 2015 #89

And don't use them for utilities and the like, and get by with a few auto companies, etc. Hoyt Aug 2015 #90

Citing public utilities as the shining example of good monopolies wouldn't fly in Nuclear Unicorn Aug 2015 #91

Nuclear, people grouse about everything -- "the rent is too high," medical care costs to much, Hoyt Aug 2015 #92

No, they're grousing because fees are being collected for alt energy development only Nuclear Unicorn Aug 2015 #93

yup. had to be a thundering idiot not to see this coming Doctor_J Aug 2015 #21

Saying with respect to DUers before then insulting doesn't mythology Aug 2015 #39

THere were possible manipulations. Remember the All Powerful Joe Liberman... Armstead Aug 2015 #43

I don't think that those who hold such views consider it insulting Doctor_J Aug 2015 #47

excellent response, Doctor_J Skittles Aug 2015 #72

I don't think he meant 'respect' in that sense of the word. Erich Bloodaxe BSN Aug 2015 #55

Someone would have to be a thundering idiot to not see that CONGRESS had to approve this law, pnwmom Aug 2015 #51

When one shark gobbles up all the others tularetom Aug 2015 #32

I think this is a necessary step, though it disgusts me deeply. RadiationTherapy Aug 2015 #34

Been hearing that for a looooong time Armstead Aug 2015 #41

Yes, 2109 promises to be a great year! Doctor_J Aug 2015 #48

Hahaaha. It's so discouraging. RadiationTherapy Aug 2015 #68

Strengthen Anti-Trust laws, in response. closeupready Aug 2015 #35

That " Choice and Competition" nonsense was a bold-faced lie from our current president n/t arcane1 Aug 2015 #38

"American Association of Family Physicians expressed deep concerns" Doctor_J Aug 2015 #40

If your "annual" before was $500, as a 60 year old, you had a junk policy. pnwmom Aug 2015 #54

Actually it was quite a good policy. Thanks for inquiring Doctor_J Aug 2015 #57

The ACA created a marketplace for individual policies. The changes your EMPLOYER decided pnwmom Aug 2015 #63

He stated, "I will insist on a public option" Doctor_J Aug 2015 #65

Link please. I don't believe Obama said that because no President can force pnwmom Aug 2015 #66

Here nationalize the fed Aug 2015 #70

The sound doesn't work on my old computer. So I'll take your word. pnwmom Aug 2015 #71

He also campaigned against mandated purchasing - eom dreamnightwind Aug 2015 #85

He shouldn't have done that because there was no way they could make it affordable pnwmom Aug 2015 #86

But he did dreamnightwind Aug 2015 #87

+1 Hoyt Aug 2015 #59

"Will they screw us?" is exactly the same question as "Can they can screw us?". When the Public GoneFishin Aug 2015 #42

Consider it one step closer to a "single payer"... n/t PoliticAverse Aug 2015 #52

Who's this 'we'? Erich Bloodaxe BSN Aug 2015 #53

Bernie Sanders was part of the "we" who supported it, after Ted Kennedy died and it became clear pnwmom Aug 2015 #56

Actually Sanders has called it a "great Republican solution" and disdained it until the very end Doctor_J Aug 2015 #60

He voted for it at the end because he knew nothing better could get passed without a supermajority. pnwmom Aug 2015 #62

Remember when we all thought Obama was about the "public option"? That would have prevented this... dmosh42 Aug 2015 #58

Remember when Ted Kennedy was alive? He would have provided the essential vote for pnwmom Aug 2015 #64

we had a decent bill from the house that included a public option questionseverything Aug 2015 #82

It was off to a rocky start, granted but, I fully expect Bernie to hammer it home. Hiraeth Aug 2015 #61

But but but...we already have single payer...er...okay for people 65 and older. Rex Aug 2015 #67

This message was self-deleted by its author Corruption Inc Aug 2015 #69

Two things have never come from mega-mergers hifiguy Aug 2015 #74

Government failed to do its job as a restraint in monopoly power... Armstead Aug 2015 #77

And yet somehow ibegurpard Aug 2015 #81

merge 'em all together and then nationalize the beast! Agony Aug 2015 #78

People are claiming RIGHT IN THIS THREAD ibegurpard Aug 2015 #80

That ol' Catch 22 in action Armstead Aug 2015 #83

Elect Bernie Sanders 2016. nt Zorra Aug 2015 #84