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Thread: Next Big Bailout May Go To ObamaCare Health Insurers Read More At Investor's Busines

  1. #21
    Matty
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    Quote Originally Posted by Captain Obvious View Post
    This is exactly what Democrats are $#@!ting their pants over, when this stuff starts hitting the press.

    We don't have a lot of outcomes data available since we're still "ramping up" for the most part but costs are not going down the way it was sold to us, they're going up. And the point of the OP, risk funding - if the plan is high-risk sector heavy and low-risk sector light then yeah, it's going to collapse on itself unless a huge bailout is forthcoming.
    They have spent over a billion dollars on a website that won't work and they hired Canadians to build it, democrats are just awesome. Ob and don't forget, "we gotta pass this thing so we'll know what's in it."

  2. #22
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    lynn's Avatar Senior Member
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    If any of these health insurance companies needs a bailout, they are obviously cooking their books. They are reimbursing providers much less then before the ACA. The proof is people are paying more in out of pocket.

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    Captain Obvious's Avatar Senior Member
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    Quote Originally Posted by lynn View Post
    If any of these health insurance companies needs a bailout, they are obviously cooking their books. They are reimbursing providers much less then before the ACA. The proof is people are paying more in out of pocket.
    Not true.

    Medicare is reimbursing less. I took a haircut on IP this year, got the smallest OP increase I've ever seen.

    What's likely to happen is that Medicare and Medicaid (more likely Medicaid) is going to need bailed out because people who need insurance are going to sign up and use it. Those who don't, younger kids who don't need healthcare yet are just going to ignore it.

    Commercial insurances will just increase rates to compensate for the disproportionate shift from balanced risk to high risk, people are seeing that now in addition to the shift in coverage from insured to the individual (out of pocket).

    All these things are starting to creep in and just like in collective idiot fashion it will all click suddenly for the collective and everyone will start $#@!ting the bed en masse.
    my junk is ugly

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    Chris's Avatar Senior Member
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    Quote Originally Posted by lynn View Post
    If any of these health insurance companies needs a bailout, they are obviously cooking their books. They are reimbursing providers much less then before the ACA. The proof is people are paying more in out of pocket.
    Yep, my premiums and OOP just went up.
    Tradition is not the worship of ashes, but the preservation of fire. ― Gustav Mahler

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