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Affordable Care Act will deliver a big surprise in 2017
PennLive ^ | December 15, 2014 | Stephen Parente

Posted on 10/13/2016 6:48:13 PM PDT by Vendome

2017 will be the real test. The law contains two programs that will expire at the end of that year: "Risk corridors" and "re-insurance." Both programs conceal health insurance's true costs—costs that truly have skyrocketed thanks to the ACA's mandates and regulations.

Risk corridors and re-insurance operate in similar fashions: They subsidize insurance companies with taxpayer money. Risk corridors give insurance companies money if their customers spend more on health care than the insurer estimated; reinsurance allows insurance companies to bill the federal government for particularly expensive patients.

(Excerpt) Read more at pennlive.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Crime/Corruption; News/Current Events
KEYWORDS: cheat; fraud; theives
This is when health insurance should explode and more companies exit Obamacare, as it becomes unprofitable, for the Crony Capitalists who created this artificial business.
1 posted on 10/13/2016 6:48:13 PM PDT by Vendome
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To: Vendome

Unaffordable. The ‘Rat way ...


2 posted on 10/13/2016 7:06:28 PM PDT by VRWC For Truth (FU Klintoons)
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To: VRWC For Truth

Public option push coming up as planned.


3 posted on 10/13/2016 7:09:34 PM PDT by canalabamian (Durka durka...Muhammad FUBAR!)
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To: canalabamian

Yep.

October 2017 it goes negative...


4 posted on 10/13/2016 8:32:48 PM PDT by Vendome (Don't take life so seriously-you won't live through it anyway - "Enjoy Yourself" ala Louis Prima)
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To: Vendome

It’s not a “surprise” to anyone who actually read the law when it was passed six and a half years ago.


5 posted on 10/13/2016 8:37:30 PM PDT by grundle
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To: grundle

Just a reminder


6 posted on 10/13/2016 8:45:37 PM PDT by Vendome (Don't take life so seriously-you won't live through it anyway - "Enjoy Yourself" ala Louis Prima)
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To: Vendome

2014 article. Noticed some out-of-date statements in the comments.


7 posted on 10/13/2016 9:07:19 PM PDT by steve86 (Prophecies of Maelmhaedhoc O'Morgair (Latin form: Malachy))
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To: Vendome

Don’t buy into this sky-is-falling BS. The CBO scored ObamaCare as “budget neutral,” and that’s good enough for me.

After all, the CBO is as much an authority on budgetary matters as FBI Director Comey is on legal matters!


8 posted on 10/13/2016 9:16:18 PM PDT by kevao (Biblical Jesus: Give your money to the poor. Socialist Jesus: Give your neighbor's money to the poor)
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To: kevao

9 posted on 10/13/2016 10:11:16 PM PDT by Vendome (Don't take life so seriously-you won't live through it anyway - "Enjoy Yourself" ala Louis Prima)
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To: steve86

I should have noted the date but, there is nothing current.


10 posted on 10/13/2016 10:12:05 PM PDT by Vendome (Don't take life so seriously-you won't live through it anyway - "Enjoy Yourself" ala Louis Prima)
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To: Vendome

Big surprise?

Yeah, your insurance bill.


11 posted on 10/14/2016 12:06:35 AM PDT by Jack Hammer
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To: Vendome

And if Hillary wins, the response from the government will be, “Too f’ing bad. Pay or die.”


12 posted on 10/14/2016 12:11:50 AM PDT by Rastus (#NeverHillary #AlwaysTrump)
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To: Vendome

what congress should do is audit the TREASURY, the FED and all the Agencies
to find misappropriated funds, stolen funds, diverted funds...etc..

Then put a hold on Obama’s payments (salary, retirement, secuirty...etc)
until matters are resolved.
This will discourage executive abuse...

Likewise with the DOD lost $6 billion and the State Dept lost $6 billion and
the ransom money obama stole and diverted... cash... hwo do we know how much was delivered versus how much paid... ??

If federal Law has been violated... prosecute..


13 posted on 10/14/2016 5:20:50 AM PDT by zzwhale (no way)
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To: Vendome

Add in the new DEA drug laws and this: Shortage of pain meds
http://www.theverge.com/2016/10/4/13166594/dea-opioid-epidemic-manufacturer-2017-substance-abuse

They are already restricting the dispensing of pain meds for the chronically ill, who have no other recourse as their health conditions are not treatable with current medical technology. Or cause by it. SO NO PAIN PILL FOR GRANNY or healthcare.

There was supposed to be an input period, none of those who are chronic in pain were informed of it so they could present their medical records. Even Neurotin is going class 3 next year. It is not a cure for diabetic nerve pain or Fibromyalgia or other nerve damage pain, which are the biggest areas it’s used for. There are NO treatments for these diseases except pain control, same goes for people with no colon, degenerative backs, and Nerve Blocks have been restricted to 3 per year, and do not work for every one. All 3 Lyrica, Neurotin, and Cymbalta are way more addictive and side effect riddled than most common pain meds. Patients are not looking for complete pain control, it is not achievable, but going from a level 9 to a level 4 allows you to at least have some ability to function in a semi normal life.

They want to add a Pain Management doc to your health care many of the newly hired PM’s are just GP’s, a useless one in my opinion, having been through all the nerve blocks, steroid injections into joints, ER trips because of Lyrica, Neurotin and Cymbalta for severe back degeneration, torn rotator cuff, nerve damage and Fibromyalgia and non diabetic Peripheral Neuropathy. So I’m reduced to Arthritis Strength Tylenol for level 9 pain.

Why rerun test that have already been run by specialist? Just driving up the cost of health care. You now have to pee test every time you get a refill if you can get one. Even Valium is restricted to 1 month with 2 refills. Pain meds are restricted to a new script monthly with pee test.


14 posted on 10/14/2016 6:50:19 AM PDT by GailA (Ret. SCPO wife: A politician that won't keep his word to Veterans/Military won't keep them to You!)
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