Posted on 11/08/2013 10:56:01 AM PST by Kaslin
Former MSNBC host Dylan Ratigan recently got a rude awakening about Obamacare when he received a cancellation notice in the mail for his catastrophic insurance policy.
I bought a catastrophic health policy for $170/mo when I left MSNBC. Obamacare cancelled the policy. New rate $600/mo. Thnx Mr. President! — Dylan Ratigan (@DylanRatigan) November 8, 2013
Interesting discussion...many seem to think paying a high deductible in exchange for low cost catastrophic should be outlawed? I disagree. — Dylan Ratigan (@DylanRatigan) November 8, 2013
Serious question...do you guys think simple catastrophic coverage should be outlawed? If so, why? — Dylan Ratigan (@DylanRatigan) November 8, 2013
I have been a long time advocate of catastrophic with a transparent mkt for routine. Struck me as interesting that that is illegal now. — Dylan Ratigan (@DylanRatigan) November 8, 2013
We've known for years Obamacare would get rid of catastrophic insurance plans, Ratigan just wasn't paying close enough attention. The good news is, Ratigan isn't being a hypocrite on this issue and has been a critic of Obamacare since the beginning by pointing out the cronyism between the government and healthcare insurance companies. A flashback from 2009:
MSNBC's Dylan Ratigan Yells at Congresswoman Debbie Wasserman Schultz (D-FL)
H/T Twitchy
I’ve got an HSA, which is basically a self-funded catastrophic health plan that rolls your money from year to year if you don’t spend it.
At one point, the ObamaCAIR laws were going to outlaw HSAs. I was pleasantly surprised I was able to keep my plan for 2014.
5 years ago, half of America could tell Obama was a skunk, but his type fell face first for the fraud.
Sad thing is — I don't expect this guy to learn his lesson — or lose his libsnob attitude.
Monitoring provider prices without making a payout to the provider is an expense to the insurance company which counts against Obamacare's 80 or 85% payout for healthcare. If some bean counter tells your hospital that the procedure they billed $10000 for is really only $3000, but you pay the $3000 yourself because you have a $5000 deductable, that bean counter has save you thousands of dollars but has cut into the insurer's 15-20% administrative/profit share. That makes those policies less desirable or completely unsustainable for the insurer. Thus they won't or can't sell catastrophic plans even if they are still technically legal.
But didn’t the members of the SRM all get their waivers?
So very true. From your link:
“Another avid attacker of all those people who were trying to warn him, becomes another victim of all those people he was trying to protect. And I want him to know it’s not the end of it.
If he even whispers another peep of whining that this happened to him, then he’d better be ready to explain why he’s a racist-terrorist-hostage taker-holding a gun to someones head, who really only wants to see this President fail because he’s a black man. Pompous, arrogant fool.
Live with your choices, Liberal.
“But I’m a good liberal, I worked for Obama, did what I was told and was made promises! Obama should fix this for me!” ~liberals
He’s a rich white guy and can afford it.
For this to happen to a guy like Ratigan. All I can say is:
SCHANDENFREUDE!
Comrade talking newshead Ratigan—why the long rodent-like face?
I have glorious news for you! This is simply communism coming to fruition!
Marxism 101
“From each, according to his ability; to each, according to his need”
“Religion is the impotence of the human mind to deal with occurrences it cannot understand”
“The theory of Communism may be summed up in one sentence: Abolish all private property”
“Anyone who knows anything of history knows that great social changes are impossible without feminine upheaval. Social progress can be measured exactly by the social position of the fair sex, the ugly ones included.”
“Democracy is the road to socialism.”
Karl Marx quotes (German political Philosopher and revolutionary, 1818-1883)
You mean Schadenfreude, don’t you? Which btw means Damage joy or Harm joy if you type it in as two seperate words. Schandenfreude is something completely different and although German is my native language I have never heard of that phrase. At least not that I recall
Earth to Ratigan.
Why are you questioning whether low cost catastrophic should be outlawed.
IT ALREADY IS UNDER OBAMAcARE.....NITWIT !!
Funny and you can see some of them are Freepers as they use “/s” tag.
Agreed.
Look at how patently unfair this is to the end user. The prices are vastly inflated just so they can be discounted if you have "club pricing". This is illegal in virtually any non-medical area of commerce.
It's messed up in a number of ways. First, the monitoring to bring the prices back to some semblance of reality is, as you point out, costly. Second, it creates no end of non-productive screwing around and gaming by the providers. Third, it forces all sorts of administrative expenses. And, fourth, it legalizes the looting of the rare individual who has some resources but whose insurance has been cancelled through no fault of his own.
I noticed
@What am I missing, and why wasn't I smart enough to start a website like that and become a millionaire?
I can't think of a more deserving tool.
Yes, I meant Schadenfreude. Mis-spelling on my part.
That is what I thought
I’d wager he still voted for Obama, twice. Suck on it Dylan!
LMAO
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