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House Republicans propose federal high-risk pool in bid to jump-start Obamacare replacement bill
CNBC ^ | April 6, 2017 | Dan Mangan

Posted on 04/08/2017 2:11:46 PM PDT by 2ndDivisionVet

Let's see if this does the trick.

House Republican leaders, looking to jump-start their floundering effort to repeal and replace Obamacare, on Thursday said they were proposing creating a $15 billion federal high-risk pool that would provide insurance coverage to Americans with pre-existing and often serious health issues.

Speaker Paul Ryan said the provision would "lower premiums" for other, healthier people who buy individual health plans by shifting the risk of covering higher health-care users to the federal risk pool.

Ryan, R-Wis., also said it "gets us closer together, closer to that consensus" needed to pass the GOP replacement bill.

But, "I want to be clear: we still have more work to do," Ryan told reporters.

The federal pool, which would be funded with $15 billion, would be replaced by individual state-run high-risk pools in 2020.

It is far from clear whether the inclusion of the provision — which is based on the state of Maine's high-risk pool — in the American Health Care Act bill would do enough to garner the Republican votes needed to pass that legislation, and send it to the Senate for review.....

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


TOPICS: Business/Economy; Culture/Society; Government; Politics/Elections
KEYWORDS: 115th; ahca; congress; first100days; highriskpatients; highriskpool; obamacare; repealandreplace; ryan; trumphealthcare
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To: cba123
Disagree with what? I never said that no provision should be made for these people. What I posted is what will happen when you try to put a federal program in place to accomplish it.

Take a look at the VA and you will see how it will be implemented. Such a program will consume billions and people will die waiting for health care. How do I know? Look at the VA. For that matter, look at every nation that has tried socialized medicine.

For it to have the smallest chance of working it has to be done at the state level.

61 posted on 04/08/2017 4:18:16 PM PDT by hopespringseternal
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To: babygene

No, waitressing is probably not a good idea. Telemarketing or some such?


62 posted on 04/08/2017 4:19:15 PM PDT by 2ndDivisionVet (You cannot invade the mainland US. There'd be a rifle behind every blade of grass.)
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To: orionrising

Karl is right. But the only outcome will be the other thing he is right about. Healthcare costs will collapde the U.S. economy in 5-10 years. There is simply no political will to enforce those laws that are being broken.


63 posted on 04/08/2017 4:28:10 PM PDT by Wolfie
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To: BallparkBoys
Thanks for your thoughtful post. I agree with you 100%.

My “complaint” about the self inflicted PECs was really just to note in passing that the price we pay to provide for the truly innocent has an unfortunate tax we are also obligated to pay.

But I'm willing to pay it and I'm no fan of Universal Taxpayer Supported Healthcare. I am dead set against it and believe that government needs to just get out of the way for the rest of us.

64 posted on 04/08/2017 4:29:42 PM PDT by InterceptPoint (Ted, you finally endorsed. About time.)
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To: 2ndDivisionVet

But when she’s good, she’s very very good. But when she’s not she’s awful...


65 posted on 04/08/2017 4:32:55 PM PDT by babygene (Make America Great Again)
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To: orionrising

“that pool is missing a couple zeros at the end of it....”

No doubt about it. They’d blow through a measley $15 billion in no time. There’s nothing as expensive as something that is “free.”

Paid for by the “risk pool.” “Risk pool”, of course, being a euphemism for “tax payers.”


66 posted on 04/08/2017 4:37:57 PM PDT by SharpRightTurn (Chuck Schumer--giving pond scum everywhere a bad name.)
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To: orionrising

“that pool is missing a couple zeros at the end of it....”

No doubt about it. They’d blow through a measley $15 billion in no time. There’s nothing as expensive as something that is “free.”

Paid for by the “risk pool.” “Risk pool”, of course, being a euphemism for “tax payers.”


67 posted on 04/08/2017 4:37:58 PM PDT by SharpRightTurn (Chuck Schumer--giving pond scum everywhere a bad name.)
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To: 2ndDivisionVet
$250 million via Soros

Anti Bannon texts to the media

This is not surprising at all. The enemy opposition Democrats/Soros will find Trump's weakest spot and that is leftist Ivanka and her leftist husband.

No surprises, actually quite expected since the other Trump family are much more conservative, Eric & Trump Jr.

But Trump's weakness will be pursued vigorously while Ivanka/Jared will carry on in oblivion.

68 posted on 04/08/2017 4:44:41 PM PDT by TheNext (Individual Mandate NO V.S. Individual Health Savings account HSA - YES)
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To: 2ndDivisionVet
A better plan would be for the taxpayers to guarantee a re-insurance pool that every insurance company could use to spread their risk around. For example, all insurers could contribute to the pool, and then they could tap the pool for cases where their exposure crossed a certain threshold.

Such a pool would allow risk sharing and enable more small scale insurers and health care organizations to enter the market, thereby increasing competition and reducing prices. Since the pool would have to re-set its reinsurance rates based on claims the insurance companies using the pool would still have a reason to manage costs and claims.

Finally, the taxpayers could subsidize the pool, since at some point we're going to end up paying anyway as very sick people exhaust their financial resources.

69 posted on 04/08/2017 4:49:40 PM PDT by freeandfreezing
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To: TheStickman

“Been reading this kind of nonsense last 2 days.”

Those who point this out are patriots, and do not
approve of Gorelick and Soros like you, apparently.


70 posted on 04/08/2017 4:50:16 PM PDT by Diogenesis ("When a crime is unpunished, the world is unbalanced.")
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To: Religion and Politics
This will balloon into a group offering which will compete with the insurance companies

I'm afraid this would balloon into driving insurance companies out of business and then, ta da, the feds would take over everything.

71 posted on 04/08/2017 4:51:28 PM PDT by libertylover (In 2016 small-town America got tired of being governed by people who don't know a boy from a girl.)
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To: TheStickman

“Been reading this kind of nonsense last 2 days.”

Those who point this out are patriots, and do not
approve of Gorelick and Soros like you, apparently.


72 posted on 04/08/2017 4:51:42 PM PDT by Diogenesis ("When a crime is unpunished, the world is unbalanced.")
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To: 2ndDivisionVet

Let rich liberals fund a high-risk pool without the involvement of the Federal Government.

Heck, they probably spent that much trying to get Mrs. Bill Clinton elected.


73 posted on 04/08/2017 4:53:56 PM PDT by libertylover (In 2016 small-town America got tired of being governed by people who don't know a boy from a girl.)
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To: Diogenesis

“Those who point this out are patriots, and do not approve of Gorelick and Soros like you, apparently.”

You guys failed with this kind of garbage pack in the primaries & even the general election. Nobody is buying this crap you folks keep pushing and you whine like the girls on CNN named Tapper & Cumo.

I’m enjoying your march into irrelevance.


74 posted on 04/08/2017 5:02:05 PM PDT by TheStickman (And their fear tastes like sunshine puked up by unicorns.)
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To: libertylover
I'm afraid this would balloon into driving insurance companies out of business and then, ta da, the feds would take over everything.

True, and since that (single payer) is the only real solution to universal access to healthcare via insurance (probably the worst vehicle for it since they don't want to really offer real insurance), that is probably what we are going to get. But truly the insurance companies would ultimately be reaping what they had sewn IMO, which is what created this monster in the first place.

75 posted on 04/08/2017 5:17:01 PM PDT by Religion and Politics (It's Morning in America)
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To: TheStickman

We all backed Pres. (then Mr.) Trump,
and still do - unlike the crafty backstabbers
who are leading him down the path of
Soros and globalists and statists, like yourself.


76 posted on 04/08/2017 5:26:34 PM PDT by Diogenesis ("When a crime is unpunished, the world is unbalanced.")
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To: Founding Father
My State had a high risk pool before Obamacare. The Feds also have other health care subsidies for some people. Check out this official "Health Coverage Tax Credit".

IRS Link

77 posted on 04/08/2017 5:31:37 PM PDT by armourenthusiast (Trumperific)
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To: Religion and Politics

“I don’t see how this will help smaller groups who have pre-existing conditions. This will balloon into a group offering which will compete with the insurance companies. Otherwise, without the mandates, certain groups will be shunned. Maybe they can just let such groups shop individually with some kind of employer subsidy or something like that.”

There are lots of things you and I don’t or cannot see, because nobody can predict the future. However, without getting into the standard full discussion of the full discussion; the bullet points are:

It ain’t insurance if it covers super-high-cost pre-existing. That is just the definition of the word. I am with Betsy McCaughey on this. People who have mid to high six figures of HC needs should just get it for free. In the end, it will be cheaper than running it through a government agency or an insurance company. The estimates I have heard of the number of people who need this are under 1 million, which I sort of find hard to believe, but that’s what I have heard from multiple sources that know more than I do and whose views I respect on other related topics. What needs to be done is to remove the influence of the 1% from the cost profile of the 99%. In this case, it is the 1/3rd of 1%.

I *WANT* whatever happens to compete with the insurance companies. I believe that insurance company overheads drive up the cost of HC by at least 300%.

But the topmost consideration, for me, is that the mandates MUST disappear. We are probably stuck with some sort of centralized HC, that ship has apparently sailed. I dislike all the variations that have been proffered to date. But foremost among my objections to any plan is the presence of mandates. That is the biggest impingement on freedom I find with anything I have heard so far. The mandates ratify the governments granting of the franchise on 1/6th of the economy to the insurance companies. Their response has been to triple or quadruple HC costs.


78 posted on 04/08/2017 5:32:26 PM PDT by Attention Surplus Disorder (Apoplectic is where we want them!)
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To: aquila48

“Correct me if I’m wrong but wouldn’t this be another welfare program that will grow exponentially over time?

Also, what prevents everyone from getting in this pool that taxpayers pay for? What are the qualifications to join?”

Yes, spiritually, it would be another welfare program, but I don’t see it growing exponentially over time. Linearly, perhaps, or, constant. The idea is that it would *reduce* overall HC costs >>for the insuring entity<< by removing the very highest-cost patients from the pool, and thus the insurers could reduce costs to patients. Whether that would actually happen is another story.

Well, what are the motivations for otherwise normal people to try to convince anyone they have 6-figure healthcare costs?

What are the entry qualifications? Annual exams, for one, at a level that would look to boot people out of the program rather than to get more and more people in, as current programs do.


79 posted on 04/08/2017 5:44:01 PM PDT by Attention Surplus Disorder (Apoplectic is where we want them!)
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To: Diogenesis

“We all backed Pres. (then Mr.) Trump, and still do - unlike the crafty backstabbers who are leading him down the path of Soros and globalists and statists, like yourself.”

Enjoy your delusion. No one is leading President Trump down any path. He makes his own decisions regardless what you wish to believe. He will continue to lead this nation with brilliance, dignity & honor.

Now please. Take your meds & have a good peaceful night.


80 posted on 04/08/2017 6:57:29 PM PDT by TheStickman (And their fear tastes like sunshine puked up by unicorns.)
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