Keyword: insurance

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  • A Blood Boiler

    03/19/2017 12:11:20 PM PDT · by Sean_Anthony · 14 replies
    Canada Free Press ^ | 03/19/17 | Bob Christie
    The rich eat better, drive better vehicles, and live in better homes in better neighborhoods, but purchasing better health care is somehow a sin to those who think you shouldn't have it An article in the March 18 issue of the Toronto Star, a left-leaning publication, got my blood boiling! It is titled “Buying their way to the front of the health-care line.” That is followed, in large bold lettering, by the question, “Should the wealthy be allowed to buy their way to faster health care at private clinics?” My question to the authors is: Who the hell are you...
  • How Has Our Health Care System Become Such a Mess?

    03/18/2017 7:21:28 AM PDT · by NYer · 63 replies
    NC Register ^ | March 17, 2017 | Msgr. Charles Pope
    SNIP As a result of this thinking, most of us have become part of a large system that is so complex that we don’t have any idea how much something costs or why it costs that much—and often don’t even bother to ask! So many things occur to me to ask, but there are few good answers. Should an ankle x-ray cost $700? Why? I know the machine is initially expensive, but so is my car. After driving my car for ten years, the three years of payments are a distant memory. Surely after the 10,000th x-ray the machine should be...
  • US health bill 'to leave 14m more uninsured'

    03/13/2017 3:44:17 PM PDT · by Ennis85 · 42 replies
    BBC News ^ | 13th March 2017 | BBC News
    An estimated 14 million more people would lose insurance coverage in 2018 under the new Republican healthcare plan, according to a budget analysis. The Congressional Budget Office (CBO), a nonpartisan group of budget analysts and economists, released its assessment on the long-awaited Republican bill. It said the number of extra uninsured would jump to 24 million by 2026. The bill would also reduce the federal deficits by $337bn (£275bn) over the 10-year period, according to the CBO. Those savings could help House Republicans sell the legislation to some conservatives who remain sceptical about costs. President Donald Trump has backed the...
  • Healthcare Inseparable From Personal Responsibility

    03/13/2017 11:10:34 AM PDT · by Sean_Anthony · 4 replies
    Canada Free Press ^ | 03/13/17 | Arnold Ahlert
    America will always have a safety net for the genuinely needy--unless we bankrupt the nation catering to those who embrace personal irresponsibility Nothing about America’s ever-expanding welfare state has been more egregious than its unflinching cultivation of personal irresponsibility. From able-bodied people getting welfare or disability payments, to single women having illegitimate children, much of what we used to consider unacceptable or immoral behavior has been de-stigmatized. Our shame-free society must be kept in mind during the GOP’s effort to repeal and replace ObamaCare. That’s because the Left’s greatest weapon—one also embraced by several weak-kneed Republicans—is the idea that if...
  • White House spent $77 million in 2016 alone to promote ObamaCare

    03/13/2017 5:06:48 AM PDT · by Oldeconomybuyer · 6 replies
    MarketWatch ^ | March 13, 2017
    The Obama administration doled out more than $77 million to promote the former president’s signature health-care legislation in what could be its final full year of existence, contracts obtained by The New York Post showed. They show the federal government contracted with Democratic-leaning public relations firm Weber Shandwick to spend $74.15 million on July 28, 2016, and another $3.69 million on Sept. 9, 2016, promoting the plan. The Weber Shandwick contract was signed by Pam Jenkins, president of the firm. Its chairman, Jack Leslie, was picked by Obama in 2009 to be chairman of the US African Development Foundation. Leslie...
  • Fix Obamacare

    03/12/2017 2:41:53 PM PDT · by Ben Mugged · 22 replies
    My Head | 12/3/2017 | Me
    My fix for Obamacare: 1 Repeal the Obamacare law 2 Allow interstate medical insurance sales 3 Tort reform to reduce liability costs for physicians and hospitals When I say repeal I mean all of it and now. Let the market float and over the same time period that was to be Obamacare's collapse the market will engineer a replacement. Reduce medical regulation and prices will drop.
  • IS OBAMACARE HERE TO STAY?

    03/10/2017 12:20:21 PM PST · by Sean_Anthony · 21 replies
    Canada Free Press ^ | 03/10/17 | Bob Lunsford
    I’m also hoping that President Trump can see through the old political “bait and switch” that is pushing him to approve the present DC Solution to Obamacare I like to refer to Obamacare as ObamaScare. This seems to reflect the true meaning of the term, especially for those who resist/rebel against the [forced] use of Obamacare. But there is more to this today than previously. There is talk of repealing Obamacare. There is also talk of “repairing,” “Replacing,” and “Changing Obamacare” so, apparently, it will be more acceptable to the voter.
  • Health Insurance Reform and the American Entrepreneur

    03/08/2017 1:47:08 PM PST · by jfd1776 · 5 replies
    Illinois Review ^ | March 8, 2017 A.D. | John F Di Leo
    Part One of the House GOP’s official plan to repair/undo/fix/replace Obamacare was released this week, to utter shock and dismay. The authors say that everything America needs will be in the full packet, so it’s unfair to judge Part One without seeing the rest. That may be true, so here, let’s just look at the big picture, whether it’s one part, two parts, three or ten. America had a healthcare financing problem a decade ago. Conservative solutions, such as malpractice/tort reform, extending the tax-deductibility that employer-provided health insurance gets to individual policies too, and closing the borders to reduce the...
  • What happens when the doctors only take cash

    03/07/2017 7:18:50 PM PST · by Wisconsinlady · 64 replies
    Time ^ | 01/26/2017 | Haley Sweetland Edwards
    Sometimes called direct pay, and closely related to concierge care, this sort of business model was once seen as the perquisite of rich folks and medical tourists from foreign lands. But nowadays many of the people seeking cash-based care are middle-class Americans with high-deductible insurance plans. For a patient with an $11,000 family deductible, for example, it might make more sense to seek out a cash-based center like the Premier Medical Imaging facility in Minneapolis, which offers a basic MRI for $499, than to cough up the several thousand dollars that the same procedure generally costs at a traditional hospital....
  • Illegal aliens often get large insurance settlements when in wrecks or injured. Here's why.

    02/18/2017 10:05:20 AM PST · by MeneMeneTekelUpharsin · 15 replies
    Local sources of information | 18 February 2017 | Mene Mene Tekel Upharsin
    Here's another important fact. Many Mexicans go to Mexico for medical care, including surgery and all kinds of major medical care. As a result, when one of them is in a wreck or injured, no medical records are available here to show previous injuries/conditions and they are able to claim it was because of the wreck/injury. As a result, lawyers argue that all injuries they have were a result of the incident which occurred here. Conversely, Americans whose records are available can not claim previous injuries were caused by the recent wreck/injury due to availability of records AND a different...
  • Humana says adios to ObamaCare. Implosion continues

    02/15/2017 9:31:10 AM PST · by Sean_Anthony · 1 replies
    Canada Free Press ^ | 02/15/17 | Robert Laurie
    Crumbling down around us Unless you’ve been living under a rock, you’ve heard about the proposed merger between health insurance giants Aetna and Humana. It was big news throughout the last year. That plan has now disintegrated, and both companies are re-jiggering their plans as they move on separately. If you think ObamaCare is part of that scenario, think again. Last August, we learned of Aetna’s intentions for the ACA exchanges, and now we know Humana intends to follow suit.
  • Aetna chief executive says Obamacare is in a 'death spiral'

    02/15/2017 8:53:26 AM PST · by Zakeet · 11 replies
    Washington Post ^ | February 15, 2017 | Carolyn Y. Johnson
    Aetna chief executive Mark Bertolini said Wednesday that the Affordable Care Act's exchanges - the marketplaces where consumers can buy individual health coverage under President Barack Obama's signature health-care law - are in a "death spiral." [Snip] "My anticipation would be that in '18, we'll see a lot of markets without any coverage at all," Bertolini said. Representatives of the Health and Human Services Department did not immediately respond to a request for comment.
  • My Revised Proposal's Good Quality Health Coverage Employer Tax Credit

    02/07/2017 3:00:53 PM PST · by Brian Griffin · 20 replies
    Brian Griffin | 02/07/2017 | Brian Griffin
    Good Quality Health Coverage Employer Tax Credit [President Trump has promised to improve health coverage and lower employer tax burdens.] Employers who allow every qualified employee and normally on-site, employer-managed "contracted"/"self-employed" person with at least six months/$6,000 of employment to sign up for qualified care and drug coverage (in the following calendar year) may claim a tax credit of $3 against their federal corporate or personal income tax, but never both, for: 1. each qualified employee who received qualified care and drug coverage from the employer for a week and paid no more than $10 per week for it 2....
  • Trump: ObamaCare plan could take until next year

    02/05/2017 7:13:44 PM PST · by Read Write Repeat · 103 replies
    The Hill ^ | 02/05/17 | PETER SULLIVAN
    President Trump said Sunday that it could take “sometime into next year” until his ObamaCare replacement plan is ready, a slower timetable than he and other Republicans have put forward in the past. Fox News’s Bill O’Reilly asked Trump in an interview before the Super Bowl if Americans can “expect a new healthcare plan rolled out by the Trump Administration this year.” “Yes, in the process and maybe it’ll take till sometime into next year but we’re certainly going to be in the process,” Trump replied. “You have to remember Obamacare doesn’t work so we are putting in a wonderful...
  • Burned Texas mosque gets $1m from donors

    01/31/2017 4:55:08 PM PST · by Trump20162020 · 21 replies
    BBC ^ | January 30, 2017 | Staff
    A Texas mosque has received nearly $1m in donations after it was destroyed in a fire over the weekend. More than $900,000 had been raised to rebuild the Islamic Center of Victoria as of Monday afternoon, according to a GoFundMe page. Texas officials have yet to determine the cause of the blaze, which happened in the early hours of Saturday.
  • Fearing Trump, California drops undocumented health insurance request

    01/18/2017 10:46:40 PM PST · by montag813 · 21 replies
    http://www.sacbee.com/news/politics-government/capitol-alert/article127360849.html ^ | 01-18-2017 | By JIM MILLER, Sacramento Bee copied by Gina Cassini
    <p>California Democrats have been showing defiance towards President-Elect Donald Trump since the election, promising to resist his immigration policies, keep their murderous “Sanctuary cities” and pledging to extend medical insurance coverage to millions of illegal aliens.</p> <p>It was all an act.</p>
  • Auto insurance question.

    01/18/2017 1:35:44 PM PST · by LouAvul · 61 replies
    I was involved in an accident this past Sunday where a lady pulled out of a side street onto my lane and panicked and stopped. I was able to swerve and avoid t-boning her driver's side door. I clipped her rear fender and damaged my vehicle. She admitted her fault, the police reported such, etc. I got an email from USAA, my insurance company, and they said the total repair bill is ~$5,500. The email also said they paid the auto repair company $4,500 as my deductible is $1,000. Is this SOP? The accident was the other party's fault. Should...
  • EU car insurance farce: Premiums set to rise so that UNINSURED drivers can get compensation

    01/14/2017 1:30:45 PM PST · by lowbridge · 11 replies
    Daily Mail ^ | January 12, 2017 | James Slack
    Millions of motorists face higher premiums to fund ‘crazy’ payouts for uninsured drivers. The European Union has ruled that even motorists who break the law by driving without insurance should be protected if their car is damaged. However it means that law-abiding drivers who do pay for cover face an increase in bills to cover the cost. Transport Secretary Chris Grayling last night said he was furious that ‘hardworking drivers will foot the bill for the irresponsible actions’ of criminals. But he added that, until the UK leaves the EU, he is powerless to stop it. The Cabinet minister, who...
  • You Broke It, We Own It (Saturbray)

    01/07/2017 7:16:00 AM PST · by bray · 4 replies
    www.brayincandy.com ^ | 1/7/17 | bray
    And it shall be when thy son asketh thee in time to come, saying, What is this? That thou shalt say unto him, By strength of hand the Lord brought us out from Egypt, from the house of bondage: Exodus 13:14 The Marxists are crying the old You Broke it, You Own It chant as they hold a handful of shattered splinters. Is there anything they do which does not come with a 60’s cliché? Time for the Repubs to put the nail in the coffin and say, You Broke it, We Own It. This election was won on two...
  • Trump adviser Conway says no one will lose health coverage after Obamacare repeal

    01/03/2017 1:39:52 PM PST · by 2ndDivisionVet · 25 replies
    CNBC ^ | January 3, 2017 | Dan Mangan
    One more time: If you like your plan, you can keep your plan. A senior adviser to President-elect Donald Trump said Tuesday that after Obamacare is repealed and replaced with different health-care law no one who has health insurance would lose their coverage. "That is correct. We don't want anyone who currently has insurance to not have insurance," the adviser, Kellyanne Conway, said on MSNBC's "Morning Joe." How that will be avoided, however, is a very big question. Trump and his fellow Republicans, who control both houses of Congress, have said they intend to quickly repeal the Affordable Care Act...
  • California Starts New Year Attacking Small Business

    01/01/2017 9:23:56 AM PST · by Kaslin · 28 replies
    Townhall.com ^ | January 1, 2017 | Bruce Bialosky
    With California in full revolt against the incoming Trump Administration swearing to go to war with the other 49 states, the elected Leftists who run the state struck again against small businesses in the state. The government enacted 900 (yes, you read that correctly) new laws for 2017. One they snuck under everyone’s nose is a revision of the very expensive worker’s comp system. As you probably know worker’s compensation insurance is paid by employers to cover medical costs for an employee getting injured on the job. It is a sure bet, as you suspected, that California has the costliest...
  • My Health Care Funding Proposal

    12/31/2016 8:13:49 AM PST · by Brian Griffin · 29 replies
    Brian Griffin | 12/31/2016 | Brian Griffin
    Here is my health coverage proposal: BABIES Babies, born and unborn, would be covered under their mother's (or father's) policy until the end of a policy term. Mandatory issue coverage for babies would be available: a. effective at the end of that policy term or b. effective the six month after the sign-up month Mandatory issue baby coverage would only cover the care of the baby after it is delivered. SUBSIDIES [The Founding Fathers would be astonished at the mere thought of federal health care/product coverage subsidies, but federal patent exclusivity and state law crimping of provider supply and (drug...
  • Erie Insurance plans $135 million expansion, 600 new jobs (PA)

    12/29/2016 7:56:57 PM PST · by 2ndDivisionVet · 13 replies
    Erie Times-News ^ | November 12, 2016 | Jim Martin
    Tom Hagen, chairman of Erie Insurance, remembers the exact spot his small desk occupied when he went to work at the company in 1953. Standing in that same building - now the Erie Insurance Heritage Center - Hagen on Friday said the small office building was crowded at the time with 100 employees. Sixty-three years later, local employment has grown to 2,889 and problems with crowding persist. The company announced a solution to that Friday morning - a plan to invest $135 million in a 346,000-square-foot building that's expected to make room to add another 600 employees, and possibly make...
  • [VANITY] Drudge report displaying Colorburst...!

    12/10/2016 10:48:25 PM PST · by RevelationDavid · 43 replies
    FYI Drudge Report is starting to flash intermittent color bursts. Usually a sign of higher level breaking news about to post.
  • The return of the insurance company bailout (and this time it’s the GOP considering it)

    12/02/2016 12:21:46 PM PST · by SeekAndFind · 34 replies
    Hotair ^ | 12/02/2016 | John Sexton
    Republicans have a problem. Their plan to repeal and replace Obamacare won’t work unless they repeal first because Democrats will not be motivated to work on a replacement. However, since Republicans don’t have a replacement bill ready, it could be some time before a replacement, especially one that requires Democratic support, is in place. The current plan to solve this problem is being called repeal and delay, i.e. repeal Obamacare but phase it out over several years so Congress can work on the replacement.As Ed highlighted earlier today, repeal and delay has a big problem. Specifically, once the GOP...
  • Obamacare insurers stiffed again by feds

    11/26/2016 7:03:19 AM PST · by kevcol · 19 replies
    The Washington Examiner ^ | November 23, 2016 | Robert King
    Obamacare insurers will not receive any payments for the 2015 coverage year from a federal program designed to help them ease losses. Insurers are asking for about $5.8 billion from the federal government for 2015 in Obamacare's risk corridor program, according to an estimate from Brian Blase of the right-leaning think tank Mercatus Center. However, the Centers for Medicare and Medicaid Services said last week that all payments would go toward paying off the money owed the insurers for 2014.
  • DuPont to end pension contributions, freeze benefit plans

    11/18/2016 7:26:21 PM PST · by george76 · 57 replies
    UPI ^ | Nov. 18, 2016 | Ed Adamczyk
    The company said the move is an alignment with industry trends in which fewer companies offer pensions. WILMINGTON, Del. -- The DuPont Company said it will eliminate its pension contribution for active employees. ... active employees will no longer accrue additional benefits, and employees under age 50 also will no longer receive dental, medical and life insurance benefits in retirement. ... Since 1998, nearly one-quarter of all Fortune 500 companies have stopped contributing to employees' primary pension plans, and 40 percent offer only a 401(k).
  • No, Donald Trump Did Not Abandon Promise to Repeal Obamacare

    11/11/2016 2:43:04 PM PST · by conservativepoet · 111 replies
    Breitbart ^ | 11/11/16 | Joel B. Pollak
    The mainstream media are reporting that President-elect Donald Trump is giving up on his promise to repeal and replace Obamacare, because he said he would be willing to preserve coverage for pre-existing conditions and allowing children to stay on their parents’ health insurance until age 26.
  • Infrastructure investors go big

    11/06/2016 8:16:17 AM PST · by Tolerance Sucks Rocks · 3 replies
    Pensions & Investments ^ | October 31, 2016 | Arleen Jacobius
    Pension funds and other asset owners increasingly are investing in U.S. infrastructure, often buying the assets from infrastructure money managers. This could be a win-win. Investor interest comes at a time when the first crop of infrastructure funds raised in the U.S. in 2004 and 2005 are coming to the end of their 10-year life span. Managers are expected to bring more transactions to market to take advantage of growing interest by direct investors. Industry insiders expect more infrastructure core projects to change to institutional investor ownership. Investors prize the core projects, even though returns generally are lower than investments...
  • UN-affordable care act, compare notes

    11/02/2016 8:30:25 AM PDT · by Sequoyah101 · 12 replies
    Self | 11-2-2016 | Vanity
    The basic premium for just my wife and I goes from $14,400 a year in Texas and change to $24,000 a year or more in Oklahoma. The deductible has gone from $6,000 to more than $7,000. Apparently BCBS is the only insurer in Oklahoma now, period. Exchange or otherwise. So much for competition.I guess some of you have started the agony of looking for health care coverage again. In my case not only is there sticker shock there is much complication since I am an American Indian, my wife is not and I may have some options. I can choose...
  • CBS Anchors Bewildered by Obamacare 25 Percent Premium Hikes: ‘What Happened?’

    10/26/2016 12:07:39 PM PDT · by ColdOne · 75 replies
    freebeacon.com ^ | 10/25/16 | David Rutz
    The anchors of CBS This Morning expressed bewilderment on Tuesday at the sharp premium hikes in Obamacare insurance plans, with one asking for an understanding for “why this is happening.” When Obamacare open enrollment begins in 2017, the cost of mid-level plans will rise by an average of 25 percent in the 39 states served by the federal online exchanges. In addition, major providers like Humana, UnitedHealth, and Aetna have scaled back or dropped out of the Obamacare exchanges, leaving roughly 20 percent of consumers with only one insurer to choose from. After Charlie Rose read out the report, Norah...
  • House Bill Protects Members of 17 Failed Obamacare CO-OPs from Uninsured Penalty

    10/09/2016 12:18:54 PM PDT · by george76 · 5 replies
    CNS News ^ | October 7, 2016 | Barbara Hollingsworth
    The House of Representatives has passed a bill to protect more than 800,000 former members of 17 failed Obamacare CO-OPs from having to pay a penalty for being uninsured when they file their 2016 tax returns. The CO-OP Consumer Protection Act (H.R.954), which passed last week on a 258-165 vote, would “amend the Internal Revenue Code of 1986 to exempt from the individual mandate certain individuals who had coverage under a terminated qualified health plan funded by the Consumer Operated and Oriented Plan (CO-OP) program.” Some of the failed non-profit CO-OPs - which American Action Forum president Douglas Holtz-Eakin called...
  • Obama Administration Is Willing to Break the Law to Save Obamacare

    10/06/2016 1:22:28 AM PDT · by detective · 50 replies
    Daily Signal ^ | / October 04, 2016 | Paul Winfree
    President Barack Obama’s signature health care law is failing and his administration will go to seemingly any length to prop it up. You know the famous quote from “Animal Farm” that “all animals are equal, but some animals are more equal than others?” This was George Orwell’s attempt to point out the hypocrisy that many politicians preach equality, but then give favors to only a few. Well, for the Obama administration, it turns out that the health insurance companies participating in Obamacare happen to be “more equal” than taxpayers—even to the point where the administration is willing to break the...
  • ObamaCare losses so bad there's no money to bail out the insurers

    10/03/2016 9:28:25 AM PDT · by Sean_Anthony · 26 replies
    Canada Free Press ^ | 10/03/16 | Herman Cain
    But Obama wants to do it anyway, and where do you suppose he wants to get the money? You can have one guess A few days ago, we talked about the continued disaster that is ObamaCare. But I thought it would be worth taking a close look at one specific aspect of this disaster, because if President Obama gets his way, it will cost you. Dearly. You might remember that, back in the days when the Obama Administration was trying to ram ObamaCare through Congress, health insurers were strangely on board supporting the bill. Why would they do that?
  • Another Health Insurance Giant Flees More Obamacare Markets (PREMIUM HIKES)

    09/29/2016 4:56:22 AM PDT · by GailA · 11 replies
    Townhall ^ | 9/28/16 | NA
    Since everyone's still buzzing about Monday night's debate seen 'round the planet, I figured I'd offer some counter-programming. Hillary Clinton has said on multiple occasions that Obamacare is "working," but that it needs some "fixes" such as an even bigger government role and more taxpayer funding. Just last week, Harry Reid claimed that Americans who read the news know that the law has been a positive for the country. (Click through on those links for our detailed rebuttals at the time). The ongoing reality is that this failed, unpopular, party-line policy experiment is collapsing under its own weight. The latest...
  • Was Obamacare designed to fail?

    09/20/2016 6:30:49 PM PDT · by Sean_Anthony · 44 replies
    Canada Free Press ^ | 09/20/16 | Matthew Vadum
    Obamacare was designed to fail. It’s a gigantic con job. It was drawn up in such a way that it would eventually collapse thus theoretically clearing the way for single-payer Well, DUH! Of course Obamacare was designed to fail. The system is built on lies. It is a Trojan horse for a total government takeover of health care in the United States. In an op-ed in The Hill, Jeffrey I. Barke, M.D., who practices family medicine in Newport Beach, Calif., examines the issue. He writes: As ObamaCare’s troubles mount, I’ve heard my patients and my peers in healthcare ask: How...
  • Lawmakers Agree Car Insurance Too Expensive — But Not On How To Fix It

    09/20/2016 10:45:26 AM PDT · by MichCapCon · 22 replies
    Michigan Capitol Confidential ^ | 9/20/2016 | Bruce Walker
    Since its enactment in 1973, Michigan’s no-fault automobile insurance law has been blamed for steep increases in premiums paid by drivers. Michigan car insurance premiums are twice the national average. Previous efforts to reform the law failed to gain a consensus, but several legislators are pursuing changes they claim will bring automobile insurance costs more in line with the $1,325 per year national average. The average cost of insurance for Michigan motorists is $2,738 per year. Proponents of these changes argue that more affordable premiums would reduce the number of uninsured drivers in the state. $1,325 national average $2,738 Michigan...
  • Obese patients and smokers banned from routine surgery in 'most severe ever' rationing in the NHS

    09/03/2016 9:39:13 AM PDT · by ameribbean expat · 115 replies
    Obese people will be routinely refused operations across the NHS, health service bosses have warned, after one authority said it would limit procedures on an unprecedented scale. Hospital leaders in North Yorkshire said that patients with a body mass index (BMI) of 30 or above – as well as smokers – will be barred from most surgery for up to a year amid increasingly desperate measures to plug a funding black hole. The restrictions will apply to standard hip and knee operations.
  • White House announces massive changes in bid to head off ObamaCare disaster

    08/30/2016 9:11:24 AM PDT · by Sean_Anthony · 39 replies
    Canada Free Press ^ | 08/30/16 | Dan Calabrese
    Including: Making insurers help pay the costs of other insurers' high-cost policyholders ObamaCare is a huge and glorious success, and it’s the shining jewel in Barack Obama’s legacy. That’s what the Democrats have been telling us for several years, and for the most part the media have dutifully parrotted this talking point. But in recent months, it’s gotten harder for Obama’s media protectors to keep pretending everything is OK. Exchanges are in dire fiscal straits. Insurers are dropping out. Premiums are soaring. Provider networks are narrowing. The left keep reaching back for what it thinks is the one saving grace...
  • Vietnamese Woman Cuts Off Limbs for Insurance Payout

    08/25/2016 10:12:12 PM PDT · by nickcarraway · 12 replies
    Channel News Asia ^ | 25 Aug 2016 20:53
    A Vietnamese woman paid a friend to cut off her hand and foot in a bid to claim a handsome insurance payout, state-run media reported on Thursday (Aug 25). The woman, identified only as L T N, checked into a Hanoi hospital in May with one third of her left foot and one third of her left hand severed, but doctors told her they could not reattach the limbs. She later told police she was struck by a train as she walked on the tracks and was rescued by her friend Doan Van D, according to Tuoi Tre's English edition.
  • Aetna drops out of ObamaCare exchanges in 11 states

    08/17/2016 5:56:00 PM PDT · by Sean_Anthony · 10 replies
    Canada Free Press ^ | 08/17/16 | Dan Calabrese
    Freefall Remember when Democrats, still in the midst of shoving ObamaCare down the throats of an unwilling nation, argued that it would actually be “market-based”? Democrats don’t know anything about how truly free markets work, of course, but their argument was that the ObamaCare exchanges were basically competitive marketplaces in which consumers could shop for the insurance that would make sense for them. OK, granted, it’s a marketplace operating under the artificially imposed and completely insane parameters imposed by the government. And OK, what we commonly call health “insurance” isn’t really anything like a real insurance product. And OK, the...
  • Aetna to cut back 70% on Obamacare plans in 2017

    08/16/2016 5:01:59 AM PDT · by mykroar · 16 replies
    CNBC.com ^ | Bertha Coombs
    Aetna is sharply cutting its participation in Obamacare exchanges for 2017. The health insurer said it will offer individual Affordable Care Act exchange plans in just four states, down from 15 this year, in an effort to reduce its losses. "As a strong supporter of public exchanges as a means to meet the needs of the uninsured, we regret having to make this decision," Chairman and CEO Marc Bertolini said in a statement. The insurance giant says it will offer ACA exchange plans in Delaware, Iowa, Nebraska and Virginia, slashing its Obamacare footprint by 70 percent next year. It will...
  • Next president faces possible ObamaCare meltdown

    08/11/2016 10:45:56 AM PDT · by Red Badger · 67 replies
    thehill.com ^ | 08/11/16 06:02 AM EDT | By Sarah Ferris
    The next president could be dealing with an ObamaCare insurer meltdown in his or her very first month. The incoming administration will take office just as the latest ObamaCare enrollment tally comes in, delivering a potentially crucial verdict about the still-shaky healthcare marketplaces. The fourth ObamaCare signup period begins about one week before Election Day, and it will end about one week before inauguration on Jan. 20. After mounting complaints from big insurers about losing money this year, the results could serve as a kind of judgment day for ObamaCare, experts say. “The next open enrollment period is key,” said...
  • We’re All Hedge Funds Now, Part 4: Insurance Companies Go For “Growth”

    08/03/2016 10:11:31 AM PDT · by Lorianne · 1 replies
    Dollar Collapse ^ | 01 August 2016
    The most recent batch of economic stats was even more disappointing than usual, resulting in a cliff dive for the Atlanta Fed’s GDPNow US growth report: It’s the same around the world, with European, Japanese and Chinese numbers coming in below (already lowered) expectations. The implication? Interest rates in major countries will either remain extremely low or fall further from here. With $11 trillion of government bonds already trading with negative yields, that’s an historically unprecedented prospect. But for financial companies like insurers, pension funds, and money market funds, today’s world is not just unprecedented, it’s existentially threatening. Consider, for...
  • Tri-care

    06/25/2016 1:39:56 PM PDT · by M.K. Borders · 63 replies
    25 june 2016 | me
    I am 59 years old and a traditional Army Guardsman with 21 years service. My retirement package is already prepared and sent in thru an excellent program run by the Indiana Guard for it's soon to be retired members. This was done last September. I officially enter the tender embrace of the VA in November. My question: How good is TRICARE? Not just me but my dependents? Because of the nightmare of Obamacare I lost my employer provided health insurance and have been running on a VERY unsatisfactory plan thru my wife's employer. We would like to go 100% TRICARE...
  • Millennials’ Healthcare Problems: Insurance Is Terrifyingly Expensive And Highly Confusing

    06/10/2016 8:22:40 AM PDT · by Lorianne · 25 replies
    International Business Times ^ | 08 June 2016 | Elizabeth Whitman
    The millennial generation still hasn't figured out healthcare. It can be prohibitively expensive and painfully confusing yet required by law, so how do they deal? They skip healthcare, struggle to pay bills and ask mom what to do, according to a new report by the nonprofit Transamerica Center for Health Studies. The center's findings, based on a survey of 1,171 adults aged 18-36 in the United States, also found that those who lacked health insurance were disproportionately female, people of color, younger, less educated and unemployed. The proportion of millennials who don't have health insurance has declined significantly in recent...
  • About 92K Coloradans to lose Obamacare coverage as insurers drop out, cut back, raise rates

    06/06/2016 2:44:03 PM PDT · by george76 · 36 replies
    The Washington Times ^ | June 6, 2016 | Valerie Richardson
    More than 92,000 Coloradans will lose their Obamacare health care coverage in 2017 as four leading insurance companies scale back or eliminate their plans while others propose rate hikes of as much as 40 percent. Insurance holders with individual plans through Anthem, UnitedHealthCare, Humana and Rocky Mountain Health Plans will need to find new coverage for the 2017 coverage year, according to a Monday statement from the Colorado Division of Insurance. ... the news came as a devastating blow to the state’s already-shaky insurance market. Colorado is one of 14 states that opted to launch its own Obamacare exchange instead...
  • UnitedHealth pulls out of Obamacare in California

    05/31/2016 2:51:50 PM PDT · by Tilted Irish Kilt · 20 replies
    washingtonexaminer.com ^ | 5/31/16 | By Robert King
    UnitedHealth is exiting California's Obamacare exchange as part of its exodus from the law's individual marketplaces. The state's Obamacare exchange, Covered California, told Kaiser Health News on Tuesday that the largest U.S. insurer is leaving the entire individual market in the state. Obamacare comprises a majority of the individual market, which is for people who don't get insurance through their job. UnitedHealth has been in the exchange for only about a year and has about 1,200 enrollees. Covered California had more than 425,000 people enroll overall in the latest open enrollment period. Earlier this year, UnitedHealth announced it was leaving...
  • Ohio shutting down state's Obamacare nonprofit co-op InHealth – claims paced $3M per week

    05/27/2016 1:44:57 PM PDT · by LibertyOh · 15 replies
    Columbus Business First ^ | May 26, 2016 | Carrie Ghose
    Ohio is the latest state to lose its nonprofit co-op health insurer created under an Affordable Care Act after a Franklin County judge on Thursday appointed the Ohio Department of Insurance as receiver of InHealth Mutual to take control and liquidate the company. Policies are still in effect as of now for its 21,800 members, mostly with individual coverage, but the state said they likely have 60 days to choose another plan on the federal Health Insurance Marketplace or risk losing federal subsidies.
  • This Is How Much Your Health Insurance Payment Is About To Jump By

    05/26/2016 5:40:49 PM PDT · by Zakeet · 28 replies
    ZeroHedge ^ | May 26, 2016
    <p>It's official: years of warnings that Obamacare will lead to dramatic increases in healthcare premiums are about to be validated.</p> <p>As the WSJ writes, big health plans stung by losses in the first few years of the U.S. health law’s implementation are seeking hefty premium increases for individual plans sold through insurance exchanges in more than a dozen states.</p>