How nice for this story to break on a Friday.
Another O-care “success” story.
Well, this just proves that we need to go to single-payer/s.
Doesn't matter, because it's breaking in people's wallets all the time.
Co-ops were supposed to spring up all over the exchanges and Obamacare system, due to various subsidies and rules encouraging such non-profits to cover people.
In fact, they all badly underestimated the huge costs of covering Obama’s free-shit army (as did the crony-corrupt insurers who got into bed with the government on Obamacare). Its why the co-ops are going bankrupt, and the insurers are raising rates by 20-40%.
“U.S. Senate Majority Leader Mitch McConnell, who opposes the federal health insurance law that allowed Beshear to create Kynect, said the shutdown of Kentucky Health Cooperative is the latest example of the law’s failures.”
McConnell and his accomplices in the Senate aren’t interested in solving the problem. They’re using the issue to make money and get reelected.
Proof that the liberal’s “free” healthcare is just another commie lib myth.
Just another completely-predictable step towards single payer.
The administration, and lots of people on the left, just wanted to be able to say they ‘reformed’ medicine, as one of their ‘holy grail’ liberal goals. The details didn’t matter as much as getting something on the books. Also, there are without a doubt a significant number of liberals and empowered liberal politicians who wanted to ‘stick it to doctors’. Of this there is no doubt. The reasons are indefensible, and in the end they will have hurt a lot of people (most importantly, the patients) in this spite-driven quest.
I could provide detailed information supporting this. The underlying motivations really were that petty for a significant number of people involved. The problem is that in order to satiate their desire and zeal they had to cut deals, and this they did - with large hospital system management, with large insurers, and a finite number of other self-interested groups that wanted to protect their own piece of the pie - while turning a blind eye to what was going to happen to patient rights.
Now we are left with an unhappy dysfunctional system, with no decrease in costs, and with an explosion of bureaucracy. The numbers of middle managers and executives within hospital systems has grown alarmingly, including a fair number making 7 figure salaries.
Ironically, once a sufficient proportion of the health care system becomes centralized into large hospital systems the legislators and regulators will start making large cuts in the revenues available to those hospital systems. The bloated administrative bureaucracy of those systems will first attempt to protect themselves from these cuts by pushing physicians and other health care personnel to see more patients, faster, and to cut back on the expenses they generate in taking care of patients. They will try to squeeze every dime they can out of the system beneath them, and when this runs dry they will start getting rid of middle managers.
Eventually the system will have to change again, but what the next iteration will look like is unclear. What is clear is that a lot of damage will be done along the way, and a lot of lives will be hurt.
The list, Ping
Let me know if you would like to be on or off the ping list