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The CBO is out with their latest estimate on the detonation of our federal budget, and it's not pretty. They point out what I've said repeatedly on the budget and "entitlements": Social Security is not the problem and in fact will start declining in share of the budget in 2028; politicians speaking of "entitlements" lumping Social Security in with Medicare and Medicaid are lying. The entire problem is in medical spending and if current trends are not reversed -- not just "adjusted" over time -- will destroy the federal budget and economy. We will not get to 2037 before it happens either; in fact, if we do not act we'll be lucky to get through the next four years as the markets will figure out that neither political party will take this issue on and resolve it. Simply put we must solve this problem and we must do it now.
originally posted by: carewemust
a reply to: Mach2
Blue Cross of Illinois lost $247 million in 2018. Laid off hundreds and outsourced customer service. ObamaCare put limits on what health insurance companies can earn. None of them reached that limit.
originally posted by: Liquesence
Yes, we do. To start, end for-profit health care.
Point being, getting rid of ACA does not in itself make healthcare affordable. But it makes healthcare available to those who otherwise can't afford it, which was my original point. Until we find a solution or a replacement, there is not reason to get rid of it.
originally posted by: Liquesence
a reply to: carewemust
There is no reason why the ACA as a whole should be ruled unconstitutional. None at all. I have always disagreed with the individual mandate, or rather punishing people who don't or who can't afford to have insurance. While I do think everyone should have insurance, or the right to it, if the government mandates one to have it, it should provide it free of cost.
That said, many people have and continue to benefit from the marketplace, the subsidies that reduce cost, to get insurance, so the fact that is it "failing" is a BS false narrative meant to undermine its benefit to many Americans.
As it is, healthcare premiums across the board are absolutely atrocious, which is another reason why Americans should have universal healthcare or healthcare at significantly reduced costs.
A healthy population is good for the nation.
originally posted by: burdman30ott6
I don't see SCOTUS even hearing the case. If they do, then I would hope they reverse their original ruling, do what is right, and cast the entire mess into the pit of hell from which it originated... but as I said, I doubt they'll even accept the case.
originally posted by: Waterglass
a reply to: carewemust
Nancy has huge jumblies. Other than that not much
originally posted by: Mach2
a reply to: carewemust
Pretty sure that was my point.
Were they not profitable before Obamacare was instituted?
originally posted by: PhilbertDezineck
originally posted by: Metallicus
Obamacare should be scrapped entirely. It should be taken out back and shot. We need to find a way to limit the Government’s involvement in healthcare. The Government turns everything to crap.
I am old enough to remember life before health insurance, since health insurance costs have sky rocked to the point you need insurance.
originally posted by: Graysen
The article points out that the dems are asking for a ruling "by the end of June."
Why?
Because the Democratic National Convention begins the first week in July. This way, Biden can run as "saving Obamacare."
originally posted by: carewemust
a reply to: Gothmog
The legal name was a mouthful: Patient Protections and Affordable Care Act (PPACA)
Soooo...
Some candidate in a 2012 Presidential debate asked, "Can we call it ObamaCare?" Obama nodded and said, "I'll accept that."
originally posted by: carewemust
originally posted by: Mach2
a reply to: carewemust
Pretty sure that was my point.
Were they not profitable before Obamacare was instituted?
YES..they were profitable.
originally posted by: carewemust
a reply to: rickymouse
There is a 17 year old teenager in Iowa who uses $1.2 million worth of medical care every month, for treating her rare auto-immune disorder. Prior to ObamaCare the family relied on foundations and other humanitarian aid programs.
Since Iowa is a relatively small state in ObamaCare enrollment, this patient was a major factor in all but Wellmark and Medica leaving the Iowa ObamaCare market.