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.
HMOs are expecting single payer as the next stage of health care reform after ObamaCare is repealed.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.
been saying for years: "healthcare" makes wall street look like Sunday Mass.
It means they want to keep premium very high.
I had not heard that about United Health Care.
That explains why they have decided that after years on the market as a tier two drug, Janumet, an effective oral medication for type two diabetes, is now a tier three drug, incresing co-pays significantly for users.
Janumet is a combination of Januvia, a name brand drug, and metformin, a generic that has been on the market for years.
This drug has been so effective for me, it allows me to “cheat” and enjoy real ice cream about once a week and still keep my blood sugar in range. But the change will take my co-pay from $62.50 for 90 days to $100!
We need to get away from the notion that one size fits all when it comes to health care plans. For instance, older adult women should not have to pay for pregnancy coverage. Then too, there are plenty of two person families out there, they are called empty nesters. Their kids are all over age 26, and they aren’t going to be moving back in, in need of health insurance. But these couples aren’t old enough for Medicare either. Why should they pay for a “family” plan?
Anyway, by offering those provisions if the court overturns Obamacare, it is no longer socialist, it’s voluntary. That’s the way it should be.
You nailed it—high premiums, more cash.
I also see government subsidizing for people who can’t afford it but will be required to have it with Obamacare.
Right now Humana’s Medigap insurance plan...the premiums are almose twice the amount of another well-known insurance provider for the same coverage. Requires careful “shopping.”
I am in 100% agreement with them deciding to do this
Just don't ask for a government BAILOUT afterward.
Just like the Auto Industry, Obama could not take it all over at once. All they needed to do was take over ONE (GM) and then use the power of tax dollars to drive the others out of business (so far they closed all Republican-owned GM dealers) Wait if he gets reelected- $10,000 rebates to buy GM vehicles until Ford goes belly-up.
They could do the same thing with an administration-friendly health care company (Humana) and tax dollar bailouts.
This is what it's about. They're getting 'something' for doing this. They too will be emerged into a government run 'minimum health care' one day.
I don’t see a problem so long as other companies are free not to offer it. If people are willing to pay for the Obamacare goodies, then so be it, but don’t force me to do so.
Nothing is free.
Everyone with a lick of sense (that leaves out liberals and other socialists) knows companies have to earn enough money to cover the costs of services provided at no charge (”free” stuff) or go bankrupt.
So, either they charge higher rates to paying customers or somehow tap into government wealth redistribution scams to offset the cost of “free” services.
Either way, someone else pays for the “freebies”.
The only thing I have been worried about should the Supremes throw out Obamacare is the insurance for the under-26 crowd.
Many decisions have been made by families and the adult children themselves based on the availability of this extension. Pulling this out would create a real problem for them, putting them back on the individual market where they started.
Not saying Obamacare should have been done in the first place, but all kinds of plans (grad school, start your own business, take a job that does not offer benefits, etc) have been made based on that option.
Humana already has the most restrictive acceptance policy in the business. If you have as much as a hangnail they will deny coverage.