Don't say I never came thru for ya.
Posted on 12/06/2016 3:44:08 PM PST by E. Pluribus Unum
The nation’s health insurers, resigned to the idea that Republicans will repeal the Affordable Care Act, on Tuesday publicly outlined for the first time what the industry wants to stay in the state marketplaces, which have provided millions of Americans with insurance under the law.
The insurers, some who have already started leaving the marketplaces because they are losing money there, say they need a clear commitment from the Trump administration and congressional leaders that the government will continue offsetting some costs for low-income people. They also want to keep in place rules that encourage young and healthy people to sign up, which the insurers say are crucial to a stable market for individual buyers.
The demands are a sort of warning shot to Republicans. While the party is eager to repeal the law as quickly as possible, and many have promised a replacement, its members are sharply divided over what shape any new plan should take. If they do not come up with an alternative, more than 22 million people would be left uninsured, including the more than 10 million who have bought individual plans on state marketplaces.
On Tuesday, Marilyn Tavenner, the chief executive of America’s Health Insurance Plans, a leading industry trade group, warned that the state marketplaces were already on unstable financial footing. Failing to continue the funding aimed at low-income Americans, she said, would have far-reaching consequences because the business would become much tougher for insurers.
(Excerpt) Read more at nytimes.com ...
In other words, insurers want the US taxpayer to cover their losses and ensure they have a no risk profit margin
The back-stabbing dirtbags were in it from the beginning. If only a class action suit were possible.
The Teat Party
Let em sink. They signed up to the Obamacare monstrosity.
If its killing them, that’s their problem.
...........TRUMP was and IS the only ELECTABLE person in the US with the background and experience and mental toughness to tell this “Industry” front person to go F themselves!
Just like the Chinese and the Mexicans, these bastards make billions and Trump knows it! Their up against the wall with Trump and THEY know it.
Our insurance cost skyrocketed and 2 of our adult k I ds have no health insurance because a obamacare made it too costly.
Don't say I never came thru for ya.
Why is there a problem with kids staying on their parents plans to 26? If my kid got out of college at 21, it is clear based on the rates he won’t be able to afford it. The costs are transferred to me.
Don’t see what the issue is.
That's one way of putting it. Another is that insurers, who are private corporations, don't want to be forced to take known losers on without compensation.
It's a kind of poison--as soon as the government forces them to take known losers, it forces them to ask the government to cover the obvious losses that are being forced upon them. In other words, once the government assigns some people to them at socialistic government determined rates, they are not completely free market entities.
Smith & Wesson took one in the shorts for cooperating with the Clintons.
Big Insurance was in on the ACA racket. Now the wind is blowing in the other direction. Time for them to receive some thanks for nothing.
The Free Market can and WILL replace these posers
Cronyism at its fin...er... worst.
In other words, insurers want the US taxpayer to cover their losses and ensure they have a no risk profit margin
______________
Exactly. They don’t want to compete. They want a cash machine.
Even the insurance companies can’t fathom operating without government involvement.
Sad state of affairs.
Reminds me of that line from The Ten Commandments (I think): “How can we make bricks without straw?”
Except, in that case, you really couldn’t make bricks without straw.
You can add AARP to that list.
and the health care company CEOs continue to receive hideous salaries:
I don't either. My daughter is 24 and working, but she's still on our plan. The plans offered where she works, an insurance agency, are really bad.
My oldest son got nailed for not having any insurance and had to pay the damn fine/tax.
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