It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
dukeofjive696969
Oh oh another romneycare doom thread, can you guys get proof or facts, not just the typical doom porn, seriously its comedy, scaring people with made up numbers lol
Romneycare isint going anywhere
AngryCymraeg
I see that more people have drunk the anti-Obamacare crazy juice. Pitiful.
Nearly a quarter of the 2.2 million people who have enrolled in health coverage in the health law's insurance marketplaces are young adults
....
Under a worst-case scenario in which just 25 percent of enrollees are age 18 to 34, then insurers would have to raise premiums by just 2.4 percent in 2015.
Indigo5
reply to post by snarky412
Apologies for interjecting sanity or reality amidst an Obama-doom thread...but...
Nearly a quarter of the 2.2 million people who have enrolled in health coverage in the health law's insurance marketplaces are young adults
....
Under a worst-case scenario in which just 25 percent of enrollees are age 18 to 34, then insurers would have to raise premiums by just 2.4 percent in 2015.
www.kaiserhealthnews.org...
We believe that the information contained in this issue brief provides the most systematic
“snapshot” of enrollment-related activity in the Marketplaces to date because the data for the
various metrics are counted using comparable definitions for data elements across states, and
between the SBMs and FFM. It is important to note that the SBM enrollment-related data
that are reported in this issue brief represent state data that have been reported to CMS,
and may differ from comparable data that have previously been publicly reported on SBM
websites or in media reports because that data may be based on different time periods or
metric definitions from those used in this report.
ACA is on track to do what it is designed to do
AngryCymraeg
I see that more people have drunk the anti-Obamacare crazy juice. Pitiful.
zeroBelief
Wow, look. Another thread with people bitching and moaning all over again.
Hmmm. Could someone suggest something might *possibly* come good out of all of this, without getting stoned to death?
Not to say the original implementation of Obamacare was good, or correct, or even feasible....but that we MIGHT end up with something better than what we originally had, regardless of what we have now ?
Hmmmm.....edit on 15-1-2014 by zeroBelief because: (no reason given)
I expect no less and would be bored to tears arguing with emotionally driven conclusions. Aside from a botched roll-out, ACA is on track to do what it is designed to do, and contrary to the rhetoric, it will save the country money in the near term and even more so in the long-term.
As it becomes more and more obvious that insurance companies are going to take a bath as a result of the skewed pool of healthy enrollees vs. sick ones, there has been talk of bailing out the insurance companies in order to keep them from abandoning the unprofitable exchanges.
We needn't worry. The bailout is in the law itself - and President Obama has apparently forgotten to mention this fact to the American people.
Robert Laszewski—a prominent consultant to health insurance companies—recently wrote in a remarkably candid blog post that, while Obamacare is almost certain to cause insurance costs to skyrocket even higher than it already has, “insurers won’t be losing a lot of sleep over it.” How can this be? Because insurance companies won’t bear the cost of their own losses—at least not more than about a quarter of them. The other three-quarters will be borne by American taxpayers.
For some reason, President Obama hasn’t talked about this particular feature of his signature legislation. Indeed, it’s bad enough that Obamacare is projected by the Congressional Budget Office to funnel $1,071,000,000,000.00 (that’s $1.071 trillion) over the next decade (2014 to 2023) from American taxpayers, through Washington, to health insurance companies. It’s even worse that Obamacare is trying to coerce Americans into buying those same insurers’ product (although there are escape routes). It’s almost unbelievable that it will also subsidize those same insurers’ losses.
MONDAY, JANUARY 6, 2014
Will There Be an Obamacare Death Spiral in 2015? No
If the Obamacare health insurance exchanges are not able to get a good spread of risk––many more healthy people than sick––the long-term viability of the program will be placed in great jeopardy.
Given the early signs––far fewer people signing up than expected, enormous negative publicity about website problems, rate shock, big average deductibles, narrow provider networks, and a general growing dissatisfaction over the new health law––it is clear to me that this program is in very serious trouble.
But that trouble would not necessarily transfer to the health insurance plans participating on the state and federal health insurance exchanges.
Obamacare contains a $25 billion federal risk fund set up to benefit health insurance companies selling coverage on the state and federal health insurance exchanges as well as in the small group (less than 50 workers) market. The fund lasts only three years: 2014, 2015, and 2016.
The government's risk management program for the insurers has three parts (the "3Rs"):
A revenue neutral Risk Adjustment System designed to level adverse claim costs between health plans.
A Reinsurance Program that caps big claim costs for insurers (individual plans only).
A Risk Corridor Program that limits overall losses for insurers.
Of the $25 billion, $20 billion is earmarked for the Reinsurance Program and $5 billion goes to the U.S. treasury.
butcherguy
reply to post by Indigo5
I think that you are correct with this statement:
ACA is on track to do what it is designed to do
I think that we are on track for a single payer system.
There are some that want that, some that don't, and then there will be the majority of people that will just wait to see what the single payer system will be like... and be unhappy with it. Kind of like the way Obamacare will be accepted until each group is affected negatively.
Just my prediction.edit on b000000312014-01-15T14:35:29-06:0002America/ChicagoWed, 15 Jan 2014 14:35:29 -0600200000014 by butcherguy because: (no reason given)
Indigo5
butcherguy
reply to post by Indigo5
I think that you are correct with this statement:
ACA is on track to do what it is designed to do
I think that we are on track for a single payer system.
There are some that want that, some that don't, and then there will be the majority of people that will just wait to see what the single payer system will be like... and be unhappy with it. Kind of like the way Obamacare will be accepted until each group is affected negatively.
Just my prediction.edit on b000000312014-01-15T14:35:29-06:0002America/ChicagoWed, 15 Jan 2014 14:35:29 -0600200000014 by butcherguy because: (no reason given)
Predictions are fair to make.
My own is that the hyperbolic proclamations of doom surrounding ACA will be reconciled by reality as they always are,
What happens when the sky does not fall upon Chicken Little?
Aisling
zeroBelief
Wow, look. Another thread with people bitching and moaning all over again.
Hmmm. Could someone suggest something might *possibly* come good out of all of this, without getting stoned to death?
Not to say the original implementation of Obamacare was good, or correct, or even feasible....but that we MIGHT end up with something better than what we originally had, regardless of what we have now ?
Hmmmm.....edit on 15-1-2014 by zeroBelief because: (no reason given)
As a child, my parents always taught me that nothing good can begin with a lie
guohua
That's Right, Obama figured his young mindless followers that had been initiated in the Public School system would be stumbling over each other to sign up for Obamacare.
beezzer
Indigo5
butcherguy
reply to post by Indigo5
I think that you are correct with this statement:
ACA is on track to do what it is designed to do
I think that we are on track for a single payer system.
There are some that want that, some that don't, and then there will be the majority of people that will just wait to see what the single payer system will be like... and be unhappy with it. Kind of like the way Obamacare will be accepted until each group is affected negatively.
Just my prediction.edit on b000000312014-01-15T14:35:29-06:0002America/ChicagoWed, 15 Jan 2014 14:35:29 -0600200000014 by butcherguy because: (no reason given)
Predictions are fair to make.
My own is that the hyperbolic proclamations of doom surrounding ACA will be reconciled by reality as they always are,
What happens when the sky does not fall upon Chicken Little?
You're like the guy in the shelled remains of a house saying "No bombs!"
The sky has fallen.
The potty has already hit the rotary oscillators.