Even More Obamacare Follies

#2,428
#2,428
FLVOL69 said:
Lie of the year winner.
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He's lost all kinds of credibility among Americans & from those that are across the world w/his lies. Everything that comes from his mouth is & that's astonishing for the first black President that also promised to have the most transparent Administration in American history which has been far far from that accomplishment. He also lied when he said that he would be bringing America closer together by breaking down the barriers between races.
 
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#2,430
#2,430
#2,433
#2,433
We'll act surprised.

Morning Plum: GOP retreat on Obamacare continues apace

A new report this morning confirms that House Republicans are likely to delay plans to offer an alternative to Obamacare until after the elections; that multiple Republican candidates are retreating from repeal; and that they are increasingly mouthing support for the law’s general goals. Once again: There’s no real policy space for a meaningful alternative, but the base still sees repeal as its lodestar, yet everyone else opposes repeal, forcing Republicans to claim they’d scrap it and replace it with something or other doing all the popular things in it, without saying what.
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#2,434
#2,434
I guess you missed this Blog on WaPo?

Why the major test for Obamacare premiums might wait until 2017

an increase in individual plan enrollment in 2015 and 2016, before sharply dropping off in 2017 and then slowly decreasing below 2015 levels by 2024. At the same time, he projects a steady decrease in employer coverage that will be steeper than the gains in Medicaid enrollment, resulting in a greater number of uninsured 10 years out.
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The effects will differ by state, but the national picture shows a big price jump for bronze and catastrophic plans between 2016 and 2017 — premiums for the average individual bronze plan, before subsidies, are projected to climb between $2,132 and $4,174 between those two years.
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These numbers are what my family is looking at. $4000 increase in our insurance and our deductible increasing 2x
 
#2,436
#2,436
According to an article on Townhall.com dated 6/3/14 & written by Nathan Harden for "The College Fix".... Vanderbilt University Hospital slashes 1,000 jobs in wake of ObamaCare. Revenue decline of $250 million dollars are projected over the next 2 years under the newly implemented ACA has prompted the Medical Center to cut employees' pay & benefits. In addition, the Nasville-based Vanderbilit hospital system, has been forced to eliminate more than 1,000 jobs reported by The Tennessean. We never knew how good we had it before Barack Obama went & "fixed" our healthcare "crisis" by shoving this piece of legislation that the majority of American people didn't even want. Thanks, ObamaCare....what a pos law.
 
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#2,437
#2,437
W.TN.Orange Blood said:
According to an article on Townhall.com dated 6/3/14 & written by Nathan Harden for "The College Fix".... Vanderbilt University Hospital slashes 1,000 jobs in wake of ObamaCare. Revenue decline of $250 million dollars are projected over the next 2 years under the newly implemented ACA has prompted the Medical Center to cut employees' pay & benefits. In addition, the Nasville-based Vanderbilit hospital system, has been forced to eliminate more than 1,000 jobs reported by The Tennessean. We never knew how good we had it before Barack Obama went & "fixed" our healthcare "crisis" by shoving this piece of legislation that the majority of American people didn't even want. Thanks, ObamaCare....what a pos law.
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An article concerning this by the Tennessean today.

Vanderbilt med center changes rules for vacation, pay

When Balser launched E2E, he*told the Tennessean*that VUMC planned to cut jobs in response to four "buckets" – including the financial burden of caring for an aging population, lower reimbursement rates from insurers across the board, Tennessee's failure to expand Medicaid and cuts in research funding
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#2,438
#2,438
....."Surprise....Surprise.....Surprise"......the free loaders that BHO begged to sign up and promised low rates.......LIED on the apps to get said low rates.

Report out today says over 2 million "discrepancies" in the forms filled out on Healthcare.gov........."Shazam"
 
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#2,439
#2,439
http://finance.yahoo.com/news/cbo-quietly-drops-forecast-obamacare-180500918.html

“CBO and JCT can no longer determine exactly how the provisions of the ACA that are not related to the expansion of health insurance coverage have affected their projections of direct spending and revenues,” the CBO wrote. “The provisions that expanded coverage established entirely new programs or components of programs that can be isolated and reassessed. Isolating the incremental effects of those provisions on previously existing programs and revenues four years after enactment of the ACP is not possible.”
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#2,440
#2,440
T-TownVol said:
....."Surprise....Surprise.....Surprise"......the free loaders that BHO begged to sign up and promised low rates.......LIED on the apps to get said low rates.

Report out today says over 2 million "discrepancies" in the forms filled out on Healthcare.gov........."Shazam"
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The income reporting was another thing about the ACA that was setup incorrectly. The people signed up 4th quarter of 13 and the 1st quarter of 14 with premiums being based on 2014 income estimates.
IMO, premiums should be based on the previous year income.
 
#2,441
#2,441
wpid-img_965802224483.jpeg
 
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#2,444
#2,444
Related:

SEC sues for documents from House committee in possible insider-trading probe | Fox News

The Securities and Exchange Commission went to federal court Friday seeking to enforce subpoenas it issued to Congress, a move that sparks a high-stakes power struggle between two branches of government in a possible insider-trading case.

The SEC filed a lawsuit in the Southern District of New York seeking to compel the HouseWays and Means Committee and a top House health-care aide to turn over documents and information in the case.
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I wouldn't imagine a politician ever lining their pockets! Never!

An interesting turn of events though.
 
#2,446
#2,446
Gramps said:
I have thought members of Congress had some type of protection concerning insider trading laws.
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You would expect the government to have laws that don't contradict each other?

But in the brass tacks of this, why would/should Congress get a free pass to give information to industry and/or brokers and make a few bucks when the average American would get slammed for it?
 
#2,447
#2,447
Grand Vol said:
You would expect the government to have laws that don't contradict each other?

But in the brass tacks of this, why would/should Congress get a free pass to give information to industry and/or brokers and make a few bucks when the average American would get slammed for it?
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I agree. IIRC there was a thread a year or so ago that discussed this issue and Congress does have some protection the average citizen does not have.
 
#2,449
#2,449
volinbham said:
Obamacare's Prognosis Grows Dimmer - Bloomberg View
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Interesting. The article suggests that rates within the ACA pools might go higher because so many people who were previously uninsurable, or who could not afford it if they could get it, have joined it, which makes sense. What the article does not discuss, however, is that even if these folks were not insured via the ACA, they would still need health care. That is, they would still go to the hospital, where care is uber expensive, they'd still get it, and the rest of us "regular" insured people would still pay for it via higher premiums for our own coverage.
 
#2,450
#2,450
volinbham said:
Obamacare's Prognosis Grows Dimmer - Bloomberg View
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lawgator1 said:
Interesting. The article suggests that rates within the ACA pools might go higher because so many people who were previously uninsurable, or who could not afford it if they could get it, have joined it, which makes sense. What the article does not discuss, however, is that even if these folks were not insured via the ACA, they would still need health care. That is, they would still go to the hospital, where care is uber expensive, they'd still get it, and the rest of us "regular" insured people would still pay for it via higher premiums for our own coverage.
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How the hell do you think they are subsidizing their premiums? Nothing has changed, just money shuffled.
 
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