Posted on 06/17/2012 7:16:02 AM PDT by EBH
Humana Inc. (NYSE: HUM) announced that it too will continue to offer important health care insurance protections that were included in the 2010 health care reform law, no matter how the U.S. Supreme Court rules in the case pending before the Court. This makes Humana the second major health insurance provider to authenticate The Patient Protection and Affordable Care Act (PPACA).
The Patient Protection and Affordable Care Act (PPACA) was signed into law by President Obama on March 23, 2010. The Republican party had made the act a centerpiece of the 2010 campaign for Congressional seats, falsely claiming, among other things that the PPACA was "socialized medicine."
It is not.
The announcement by Humana, authenticates the PPACA, or what the Republican Tea Partiers call Obamacare. The announcement was mildly surprising in view of the political conversation over the last two years. Humana is now also on board with Obamacare, obliterating the "socialized medicine" argument for good. In their announcement, the company vowed to keep in place many of the important elements of the PPACA.
(Excerpt) Read more at examiner.com ...
This is interesting in that we all know rates jumped due to 0bamacare, not decreased.
Plus if the continue to offer it, the government can't subsidize it can they?
Or are these insurance companies getting $$$ and see the program as a cash cow?
If Humana takes on all of those cases with previous medical conditions, they will be out of business inside a year.
Well, there’s one company off my list, for sure.
Follow the money.
Any and every business owner in the US should drop Humana and United Healthcare immediately.
Any and every business owner in the US should drop Humana and United Healthcare immediately.
HMOs are expecting single payer as the next stage of health care reform after ObamaCare is repealed.
Which makes sense since they won’t pick up the tab for state-funded health care.
Not that I’m surprised.
Good, I’m considering dropping my insurance for a year or two, and it is good to know that should something come up, there is a company waiting to cover my bills.
The farticle just drips with bias, doesn’t it?
Choosing to do it is fine. The market will work it all out. It’s when it’s forced that I have an issue -
They’re only choosing to keep part(s), not all. IMO they would not choose to keep things that put them out of business.
But all this is under the assumption that there is no subsidy or undue influence. In fact the move helps the repubs if the market is choosing this... imo
The headline is fundamentally dishonest. Humana is making a free market decision (or more likely a crony-capitalist decision in which it is counting on rewards from Dear Leader) to offer specific benefits at a price. ObamaCare is a government mandate in which private individuals and private companies are compelled by government force to act in a specific manner. The difference between choice and force is exactly as stark as the difference between seduction and rape. Humana is entitled to act as they choose, and we are entitled to switch insurers and boycott the crony-capitalist version of medical insurance. It’s only when Obama and the IRS introduce force into the equation that this crosses a line.
IF there is a private health insurance market around in a decade.
Part of the industry has already read the writing on the wall.
They would never do this in a million years if the other shoe didn’t drop.
Conservatives may cheer the demise of ObamaCare. As a Trojan Horse it will have ultimately served its purpose.
Yes Sarge it does....but it is interesting to see which insurance companies are doing what...
Sure they will ‘offer” it and they will “charge” for it too.
Enhanced/expanded benefits means increased cost. They will have to charge more for policies that include these benefits.
But all of us shouldn’t be forced to buy policies that include these benefits, if we don’t want or need them.
been saying for years: "healthcare" makes wall street look like Sunday Mass.
It means they want to keep premium very high.
I could stay on my retired hubby's insurance through his company, the range in choices there were a high deductible plan($3,000/yr) at $47/month and a all-inclusive/low deductible plan at $750/mo - I did the math.
I'm curious if Humana will be offering different levels of coverage to their customers or just this one Øbamacare plan.
I don’t get it. Is the healthcare industry more immoral than wall street?
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