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Insurers flee States which will not permit them to make a profit. ObamaCare supporters stunned
Coach is Right ^ | 8/11/13 | Doug Book

Posted on 08/11/2013 8:53:50 AM PDT by Oldpuppymax

“Looks like Obamacare is more “on track” than “train wreck,” gloated the experts on Barack Obama’s Think Progress website as they reported the Master’s healthcare scheme was literally forcing America’s insurers to lower their premiums. (1)

The glad tidings arose back in May after Oregon providers Providence Health Plan and Family Care Health requested premium rate reductions from the state-run ObamaCare exchange. (Actually, the state just gets to PAY for the exchange. It’s RUN by Kathleen Sebelius at HHS.)

Naturally this was big news for Affordable Care Act fans. After all, what could be better than private insurers wanting permission to lower premiums, providing proof positive for Mr. Obama’s claims of lower healthcare costs brought about by competition. (MANAGED competition, that is)

But the left might be premature in celebrating the actions of 2 minor insurers in Oregon. For news from the rest of the nation is not quite as cheery...

(Excerpt) Read more at coachisright.com ...


TOPICS: Government; Health/Medicine; Politics; Society
KEYWORDS: 0carenightmare; aetna; affordablecareact; barackobama; bluecross; bluestates; flee; healthinsurance; insurance; kathleensebelius; obamacare; singlepayer
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1 posted on 08/11/2013 8:53:50 AM PDT by Oldpuppymax
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To: Oldpuppymax

That’s silly. They created an unworkable system to drive the private market out. It’s all about single payer.


2 posted on 08/11/2013 8:57:45 AM PDT by Nachum
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To: Oldpuppymax

Given how insurance companies could not usher in obamacare fast enough, I just don’t feel too sorry for them.


3 posted on 08/11/2013 9:04:44 AM PDT by DonaldC (A nation cannot stand in the absence of religious principle.)
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To: Oldpuppymax

“People Before Profits. Abolish Corporations! Dictatorship of the Proletariat! Workers Arise, You Have Nothing To Lose But Your Chains!”


4 posted on 08/11/2013 9:04:52 AM PDT by ProtectOurFreedom
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To: Oldpuppymax

Wait till the see what happens when the doctors start fleeing and all that is left is a bunch of nurses that can only hand them an aspirin.


5 posted on 08/11/2013 9:04:54 AM PDT by Lera (Proverbs 29:2)
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To: DonaldC

I agree screw the insurance companies, they have been screwing us for years and this will put them out of business.


6 posted on 08/11/2013 9:17:40 AM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: Lera

Nurses? I like your optimism.


7 posted on 08/11/2013 9:18:10 AM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: driftdiver

>>I agree screw the insurance companies, they have been screwing us for years and this will put them out of business.<<

You forgot the /Sarc tag? Or you have a better plan?


8 posted on 08/11/2013 9:38:33 AM PDT by freedumb2003 ("Task" is a noun. "Ask" is a verb. "Disconnect" is a noun. "Data" is a plural-not collective-noun.)
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To: freedumb2003

The insurance companies helped pass bocare. The insurance industry is why healthcare is so expensive


9 posted on 08/11/2013 9:41:04 AM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: driftdiver

>>The insurance companies helped pass bocare. The insurance industry is why healthcare is so expensive<<

And your alternative is... (assume bozocare did not pass or will be defunded)


10 posted on 08/11/2013 9:42:01 AM PDT by freedumb2003 ("Task" is a noun. "Ask" is a verb. "Disconnect" is a noun. "Data" is a plural-not collective-noun.)
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To: freedumb2003
And your alternative is... (assume bozocare did not pass or will be defunded)

Keep what we already have that works better and is cheaper and look at revising it in ways that work rather than go for a socialist disaster like 0bamacare.

11 posted on 08/11/2013 10:00:48 AM PDT by Post Toasties (Leftists give insanity a bad name. 0bama: Eight years of failure and fingerpointing.)
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To: freedumb2003

My solution? Get the govt and lawyers out of healthcare


12 posted on 08/11/2013 10:01:09 AM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: driftdiver
The insurance industry is why healthcare is so expensive

Why? Because they are charged more than individuals?

A friend who was in need of a test, was quoted a cost several hundred dollars less by the hospital than the one she was quoted when she said she was filing on her insurance.

As a paying individual, her cost was less than paying her 20% of the insurance co. cost charged by the hospital.

Seems insurance companies paid for a lot that will not be covered by ObamaCare.

13 posted on 08/11/2013 10:15:27 AM PDT by lonestar (It takes a village of idiots to elect a village idiot.)
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To: Oldpuppymax

the well understood Obamacare motive from the beginning was to to drive all private carriers out of business leaving only the government insurance - single payer - socialism


14 posted on 08/11/2013 10:36:05 AM PDT by elpadre (AfganistaMr Obama said the goal was to "disrupt, dismantle and defeat al-hereQaeda" and its allies.)
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To: Oldpuppymax

Whatever, there are enough low information voters & commies than us so don’t sweat it. Unless there is a REAL revolution & the stopping of these commies (ie Amnesty & ObamaCare) there nothing left to write home about. The commies will control every aspect of your lives. Welcome to the USSR. Now go read the Communist Manifesto & judge for yourself.


15 posted on 08/11/2013 11:00:18 AM PDT by Digger
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To: Nachum
That’s silly. They created an unworkable system to drive the private market out. It’s all about single payer.

Precisely. The goal is to have the entire country munching on a Medicare-like plan.

THAT will truly be a disaster.

16 posted on 08/11/2013 11:00:56 AM PDT by upchuck (To the faceless, jack-booted government bureaucrat who just scanned this post: SCREW YOU!)
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To: Oldpuppymax

I have tried to avoid understanding ObamaCare, hoping it would be overturned.

Can anyone explain what these so-called “Insurance Exchanges” really are in terms of institutions and mechanics?

Since ObamaCare is a diktat, wouldn’t it be easier just to dictate that every insurer must offer policies for specific circumstances and comply with specific rules, then let the insurers sell these policies to the public? Government could limit its involvement to a website with links to the insurance companies’ sites, and maybe a comparison chart ot two. Cost of the mechanics would be practically nothing. Coercion, regulation, and subsidies are vastly expensive, but that would be true with or without “exchanges”.


17 posted on 08/11/2013 11:21:27 AM PDT by Chewbarkah
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To: driftdiver

Yep. I noticed a 5% jump in stock prices of all the major insurance companies the day after 0bamacare got signed into law.

What would help? Allowing competition, letting consumers buy insurance across state lines. Big insurance companies are a huge monopoly..and this is how they keep us trapped depending on where we live.


18 posted on 08/11/2013 11:42:48 AM PDT by SueRae (It isn't over. In God We Trust.)
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To: Nachum

Yep, this was ALWAYS about creating a “single payer” (i.e. government) system


19 posted on 08/11/2013 11:44:41 AM PDT by GeronL
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To: SueRae

You forget tossing out States from the mix as well. They too mandate, for a no-thrills program for a male.....birth control. WTF? Don’t forget to toss in a little dependency assistance (alcohol and drugs), as if it was ever needed to begin with in my case, yada, yada, yada.

How about he who pays the bill/deductible gets to write-off insurance from their taxes (and I’m NOT talking EITC either).

Why can’t I get catastrophic coverage for a few $$/mo like I can health or a plain-jane like car insurance?


20 posted on 08/11/2013 2:25:00 PM PDT by i_robot73 (Gov't always start as MAY and SHOULD, but soon becomes one of WILL and SHALL. Never let them START.)
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