Posted on 04/26/2015 11:06:47 AM PDT by Libloather
**SNIP**
Ninety–four percent is an impressive number, particularly considering Obamacare is mandatory, and most readers would assume everyone kept their insurance. Which makes 94 percent a real success story. Except they didn’t keep their insurance, and it’s not a success story.
The truth is (there’s that word again), over one–third of Covered California policyholders dropped their insurance altogether.
Attkisson contends this is one of the worst retention rates in the nation. And for those poor souls who are still at the mercy of Covered California, the situation doesn’t get any better, 84 percent of the policyholders will be paying increased premiums in 2015.
Aiden Hill, formerly a big supporter of Obamacare and head of the Covered California call center, says the coverage he gets from his Obamacare policy is less than he had before passage of the law and his premium skyrocketed 71 percent. In his words, “So much for competition.” I really believe that we’ve created a monster — and it’s an unaccountable monster.”
(Excerpt) Read more at newsmax.com ...
“I don’t know how to quantify a 65% retention rate and its effects on future years but, it definitely portends a colossal disaster...”
The 35% is probably about the percentage of real sickies who had expensive things fixed and don’t need coverage anymore. Really throws off actuarial calculations.
The “Golden” state is apparently destined to become the pot metal state.
“I don’t know how to quantify a 65% retention rate and its effects on future years but, it definitely portends a colossal disaster...”
Statistically, if there’s a 65% drop each year for 5 years, there will be a cumulative drip of 88.4%, retaining only 11.6%. In just 5 years.
“If the existence of private companies in the health insurance business today is clouding the issue of fascist vs. socialist, just wait. “
Reagan said that when fascism comes to America, it will be in the form of liberalism.
He saw this clearly long ago.
Uhm...wow.
Definitely a disaster...
They should write a law
Is that a joke?
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BUMP!
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Hillary said religions have to be made to accept abortion, that is going to require a lot of state-sponsored violence
The joke is on us.
bump
Wow!
Here goes the attack on our churches. If they won’t accept abortion or gay marriage, they’ll lose their tax exempt status. It’s just around the corner.
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If you are still giving money to the corrupt ‘churches’ rather than God’s work, perhaps the change will do you good?
Churches are wasting money building monster buildings to house all the tares that they are intent on attracting, and hiring nicolaitans from theological cesspools to keep the tares amused enough to fill the collection plates.
Give instead to those groups that are spending it on educating the lost sheep on the way of Yeshua.
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Maybe they should throw non-participators in jail? It's only the right thing to do.
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