Obama subsidized (or tried to) insurance companies to keep them afloat until after his presidency. None of this works without taxpayer money.
I wouldn’t mind so much if they actually EARNED it. But they don’t earn it.
The Government steals it from us peasants to give to them.
0bama rewarded his friends (those who don’t work and get everything subsidized) and punished his enemies (those who work and now pay much more for insurance, only to have it siphoned off for subsidies and have to pay most everything out of pocket). And the politicians are exempt so they don’t really care in either party.
Actually, it started under Clintbilly, with Hillarycare. I remember I used to drive up through Connecticut, and when Hillarycare passed dozens of insurance companies built huge skyscrapers along the way, there and along the highway that circled Boston. My doctors were getting screwed, but the insurance companies made billions in no time at all.
Bush did nothing to fix it, and Obamacare just piled on more.
No new threads and just a couple of replies to other threads since 8:14 CDT.
Lots of FReepers watching the World Series.
;-)
Yeah. Just got my Humana EOB the other day. So far this year, claims submitted are $15,000+. They’ve paid out $995.00. WTH? I payed a little but damn. Guess Medicare paid a bunch but haven’t looked lately. Of course the VA picked up a lot too.
Powerful play. The GOPs two biggest donor groups were the insurance and energy industries. Hence the thrust for Obamacare and renewables.
Quit blaming Obama for being the architect of this POS.
This crap was dreamt up by the insurance companies and they pushed to force the givernment to mandate coverage for being alive.
They knew their bloat and vapor products would be unaffordable for many and at their insistence the taxpayer would reimburse them to ensure their profitability.
That ended last year and insurance scammers have been leaving “the marketplace” as fast they can citing profit motives.
I look forward to the unions screaming bloody murder next year when their insurance plans will be taxable.
Batter up!
I have noticed lately that the actual payouts from my insurance company have been really low. Between the co-pay and the deductible, I am still paying most of the bill. But it looks like the insurance company is doing something because of the negotiated price.
obamanocare was a simple billion dollar gift to the big insurance companies and all their cronies...
The one thing that does not get discussed or a lot of press is that the way that the system is designed. There is not a lot of money left in America, the underclass is financially impoverished. The middle class is shrinking and the upper classes dont participate. There is, however a large pool of assets in the middle class and some in the lower and underclass that can be grabbed. The way this system works is that the medical industrial complex works with the insurance complex and the overreaching government to set price points. Price points on how much the medical industrial complex charges, and price points on how much the insurance charges. The government is the enforcer.
Insurance price points include the asset busting deductibles. As insurance price points increase, and medical costs increase, and the government continues to say who gets what, the middle class can no longer afford insurance and they are dumped into Medicaid. Medicaid pays everything, but is not free but instead dissolves assets to keep the whole ball going. Anyone with assets this country who cannot bow out of the system will be getting robbed. Whatever happens with the insurance, it is going to be a middle class asset grab. The millennial will have their inheritances used to prop up healthcare and insurance and of course the government.
When one looks at the Medicare Advantage policies one discovers that the bulk of the costs are paid for by the government and the insurance companies control costs and strain it through their hoops. No choice. And the companies and the government are going to asset-grab.
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...Patients understood that health insurance was not the same thing as health care...
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As IF. The elected have sold the sheeple on the term, and the sheeple HAPPILY drank the kool-aid.
/que D. Hoffman as ‘Hook’
It’d be wonderful if the public understood health insurance was not the same thing as insurance (aka ‘the UNKNOWN’).
Instead, they’d rather have a reason to bitch/moan the aspirin at the hospital is $100/pill and the wait in E.R. is HOURS and no doctor wants to take their Ponzi MediXYZ and...
This doctor has no idea what healthcare means. The DC lawyers are now in charge and they are taking their fair share. Obama’s legacy—hijacking healthcare to profit the lawyers.
One only has to thank all of the dipshits who voted for 0bama for the mess the health insurance is in.
But the Free Stuff Army doesn't care. As long as they get their "fair share."
Of course, the fact that Obama funneled hundreds of Billions to the insurance companies illegally concerns not the media.