Credit scores impacting new Affordable Care Act insurance plans

reply to post by Dustytoad

And that's the crux of the problem. The way this is set up, the government will soon be demanding you "take better care of yourself", in whatever ways THEY decide are better. All for the sake of the country, of course. Before long I expect to be seeing higher penalties and premiums for those who don't follow "health guidelines" that are sure to be coming out. Insurance companies are already buying lists of what you buy at the store, to figure that into their magic "premium" equation. Now the government will have the same ability, with the IRS to enforce it.

reply to post by xuenchen

A credit score is based upon an individuals ability to navigate their way through a financial system that was a special Christmas present given to America (and the world) in 1913.

So, 100 years later, the poorest pay the most pretend money for goods and services which on any other planet would be free.

Fair?

I'll keep saying it..........the Banksters run the world and their control over us is becoming more apparent with each passing day.

Rage against the machine.

reply to post by xuenchen


But, but, like you said isn't credit score a "pre existing condition"? he,he.

Now let look at the 2000 page of the "affordable care act and see if we can find where is the clause in case you have bad credit scores" oops?????????????? I guess Obama forgot about that one.

Who wrote the Affordable care act? yeah I figure that one already.

Affordable care act to gouge the working class but only those with good credit

What a joke, so I wonder are the low credit score people going to pay penalties for no keeping their credit good.

reply to post by crankyoldman

My grandfather used to beat into my head that nothing, NOTHING was free. And that if something looked too good to be true, it probably was.
Common sense. Something that these days has been relegated to being a super power, it's so rare.

(Can't figure out how to get the image to post. Drat)

reply to post by QuantumCypher


Here you go. Don't you just love the internet?

link

This is a re-distribution of wealth scheme pure and simple. Free healthcare to the illegals and the poor, all paid for by the middle class which will make them poor in the end. Which will only lead to rich and poor.

To use a credit score to price out health care is un-ethical, and it is discrimination. Paying your bills has little to do with your health.

The Dems don't want to make any changes... that should bode well for re-elections! The Repubs want to change it to apply to everyone!... What a mess they have gotten themselves into. Next November lets fire them all! Leave no incumbent standing!

Lets have a CON CON and fix this crud.

Congress shall make no law that anyone ( including all federal and state entities ) is exempt from. They cannot be above the law!

Term limits for all 2 term max in each type of office.

6 year single term for supreme court with no re-election possibilities

No attorneys,Lawyers or what ever they want to call themselves will be allowed to run for congress or president.

reply to post by MsAphrodite

Thanks to you for this! (And Dustytoad who also found and U2U'd me the link)
Like I said, I've been looking for this for years...

reply to post by Domo1

The insurance companies and big Pharma. That's who it's helping. Which is not surprising, considering they're the ones who wrote the law.

Doesn't it seem a conflict of interest to let those who would most benefit by a law write a law? Especially if said law forces an entire populace to line the pockets of those who write the law?

Stupid pesky common sense getting in the way of enjoying some perfectly good kool-aid drinking, if you ask me.

reply to post by Dustytoad

I searched google for this [video unhealthy pizza skit man orders meat veggie gym] and came up with this:

Pizza Delivery

Enjoy!

ETA: It is an autoplaying clip, just load the page and turn on your speakers.


Nevermind, MSAphrodite dug it up earlier.

QuantumCypher
reply to post by Domo1

 

The insurance companies and big Pharma. That's who it's helping. Which is not surprising, considering they're the ones who wrote the law.

Doesn't it seem a conflict of interest to let those who would most benefit by a law write a law? Especially if said law forces an entire populace to line the pockets of those who write the law?

Stupid pesky common sense getting in the way of enjoying some perfectly good kool-aid drinking, if you ask me.

Don't forget about the entire medical provider industry.

They get inflated prices based on what insurance companies will pay, not prices based on what patients can afford to pay.

I dropped out of the credit system over 20 years ago. I have no credit score and don't care to have one.

It does have a number of advantages like i have little to worry about identity theft as ID thieves find that people with no credit score are hard to steal credit from..

If i need credit i use a LLC i have with good credit.

So the people least able to afford insurance- the working poor- are going to end up paying the most because they don't make enough to have good credit?

reply to post by littled16


This was one of the first life lessons I learned.

When I graduated college I has some pretty bummed up credit. I wanted to buy a house but with the crazy interest rates and the horrible time they gave me while attempting to get a loan, put my wish on hold. A few years later, I started getting these cash advance checks in the mail. It didn't make sense to me at the time that the bank was sending me money I hadn't asked for and didn't need but that same bank refused me credit when I did need it and wanted it.
I soon learned if you didn't "need" a loan or had money saved, the bank throws money at you and sets your interest rates low. The moment you "need" the money, the banks either denies your loan or jacks up the interest rate.

Now how bassackwards is that?

The person making the claim is a "navigator" i.e. insurance agent. I've talked to 3-4 agents since this summer and every single one of them trash the ACA and the exchanges. Wonder why? Could it be that they don't get their cut? I''ve compared exchange plans with plans from insurance agents, and it's nothing short of economic rape. And every single one them try to upsell to other plans. After they get through mushing all of their upselling into the number, you end up with tons of life insurance and horrible health insurance. An informed consumer is a "navigator's" worst nightmare.

reply to post by greencmp


I'm sorry, but I must insist that you are incorrect in this fact. Since the Patriot Act, the SSAN has been required identification for many financial transactions; e.g., purchasing insurance, etc. due to the need to prevent money laundering. Please recheck your facts. Thank you.

reply to post by RealWoman

I am one, and I don't trash it. It's a valuable program for Americans. Many of our fellow citizens could not afford health care. 60% of bankruptcies were due to medical bills. People would get sick, and their insurance company would either drop them or not pay for their correct care. I, as an insurance agent, am very much in favor of the Affordable Health Care Act. I regard it as a Christian act of mercy on the less fortunate of our society. In point of fact, I question if our country has any charitable heart at all anymore, considering how many people refuse to support the AHCA program.

The AHCA will hardly impact businesses. Here's why: many businesses were already providing their employees with group health insurance. The businesses that were not providing this benefit were able to undercut the prices of the good companies who were pro-employee. That was driving up the prices of the pro-employee companies. By requiring all companies with over 50 employees to provide health insurance, it created a level playing field so the good businesses could survive.

The AHCA will hardly impact individuals. Here's why: many individuals are already paying for health insurance. Their premiums will become lower overall due to the medical bills being paid for the citizens who were unable to pay or were taking bankruptcies to avoid paying. We, as a whole, were paying these in addition to our own premiums for our own health insurance. Our taxes were paying. Our increased premiums were paying. Make no mistake, the indigent were already being paid by you. Now, that relief will come. Given a few years are needed for a settling out of the costs, the AHCA will prove to be a real asset to the middle class. Those in poverty, as we all know, were already receiving medical assistance.

The AHCA is similar to Medicare for seniors, combined with Medicaid for the poor. While we do need to be very vigilant in making sure there is no fraud, waste, or abuse, these programs have been a lifesaver for millions of your fellow Americans. In time, as standardization and accountability stabilize these programs, the nation will be healthier and better served by it's government.

www.youtube.com...

This lady knows her #, and its definitely worth a look.

I'm not saying I support this(not saying my position on it at all, really), but why the hell would we even do this obamacare? Universal healthcare would be bettr than this. It's like they wanted to make it seem less 'socialist,' and in doing just defeated the entire purpose of what it was supposedly supposed to do. People against government involvement in healthcare would have to say universal healthcare is better than THIS, right?

Credit scores eh? Well, chalk up another way our info is being used against us.

Basically, any way to screw us into higher rates it seems. Who thought putting Government in charge of more was a good idea? Take 'em out back and find a tall tree.

meh beat...

ANNED
I dropped out of the credit system over 20 years ago. I have no credit score and don't care to have one.

It does have a number of advantages like i have little to worry about identity theft as ID thieves find that people with no credit score are hard to steal credit from..

If i need credit i use a LLC i have with good credit.

How did you do this? Seriously, how?