ObamaCare

[dandelion]

The US bring in price regulation? Isnt that just plain un-american and communist? And probably inspired by the devil?

 

[B_underguy1]

My parenthesis about health companies was not intended to be exhaustive. no doubt the entire US economy would suffer if existing health care prices were halved and the industry forced to adjust. To prevent another recession it would almost be necessary to provide care to those previously not getting it, so as to keep up the flow of money.

This illustrates an important point. Same cost but twice as much health care? no brainer?

Say what?

 

[dandelion]

Say what?

US health care spending is 15% of GDP. Halve that and you have an instant 7% drop in GDP. Think that might cause problems?

Geese, http://en.wikipedia.org/wiki/Health_care_in_the_United_States has some other interesting statistics. US government health spending is the fourth highest per capita in the world, yet most western countries get ALL their health care paid for by government!. In other words, if americans were getting their health care at the cost of it in the Uk, no one would have to pay anything privately for insurance at all. Existing government spending would cover it all. Thats staggering!

 

[slurper_la]

Another Obamacare 'Horror Story' Debunked; and, No, the President Didn't Lie About the Law | Bob Cesca

From the article:

The Affordable Care Act, as signed by the president in 2010, states quite clearly that if your individual health insurance plan was in effect prior to March 23, 2010, your plan would be grandfathered as-is, despite new rules that expand mandatory benefits and ban practices such as lifetime limits. In other words, if you signed up for an insurance policy before March of 2010, and if you like that policy, you could ostensibly keep it. It's in the law.

However, an implementation rule was added later by Health & Human Services which narrowed the grandfathering parameters. If the benefits of a policy were altered after that date, those policies would lose grandfathered status. Meanwhile, HHS determined that up to 67 percent of customers would lose their plans, but only as a reflection of normal trends in the system -- not as the result of a sudden drop off due to the ACA.

So when the president said, "If you like your insurance you can keep it," he meant that the law itself wouldn't force you to call up your insurance provider and cancel your policy if you liked it. Nor was he suggesting that an insurance company would be compelled by the law to keep you as a customer for life, irrespective of circumstances. While the law in fact prohibits the cancellation of a plan if you're suddenly sick or injured, or if you make a mistake on your application -- two common occurrences before the ACA -- you can still lose your plan if you fail to pay your premium or if you lie on your paperwork.

Here's the kicker. The law absolutely prohibits arbitrary cancellations -- except for grandfathered plans like Sundby's UnitedHealthcare plan. Frankly, switching to a Cover California plan might be the best thing for Sundby because her grandfathered plan likely included lifetime and annual limits on coverage (bad news for cancer patients); it wasn't required to comply with government audits to prevent excessive premium hikes; and it could've randomly forced her to change doctors anyway.
.

 

[B_underguy1]

US health care spending is 15% of GDP. Halve that and you have an instant 7% drop in GDP. Think that might cause problems?

Geese, Health care in the United States - Wikipedia, the free encyclopedia has some other interesting statistics. US government health spending is the fourth highest per capita in the world, yet most western countries get ALL their health care paid for by government!. In other words, if americans were getting their health care at the cost of it in the Uk, no one would have to pay anything privately for insurance at all. Existing government spending would cover it all. Thats staggering!

No it doesn't work that way.

 

[h0neymustard]

Loyal Obama Supporters, Canceled by Obamacare - ProPublica

Too fucking bad.

 

[slurper_la]

Loyal Obama Supporters, Canceled by Obamacare - ProPublica

Too fucking bad.

How long before this story is also debunked?

 

[B_underguy1]

US government exempts new health exchanges from anti-fraud standards - World Socialist Web Site

 

[dandelion]

No it doesn't work that way.

Really? can you explain why?

 

[h0neymustard]

I'm not going to hold my breath. You let me know, if it'll make you feel better.

Doctors are also retiring in drives, from what I've heard.

 

[HippyHollowAustin]

Any policy that you had before Obamacare passed is grandfathered. The insurance company made the choice to not keep the policy in place, not Obamacare requirements.

 

[slurper_la]

The Cancer Patient From The Wall Street Journal Will Likely Save Thousands Under Obamacare | ThinkProgress

.

 

[Dakota Kid]

The Cancer Patient From The Wall Street Journal Will Likely Save Thousands Under Obamacare | ThinkProgress

.

Slurper.......you really ought to read the links you regurgitate before you post them.

The very first line in your article is "Edie Sundby, a Stage-4 gallbladder cancer patient who is losing her individual health care policy in California, could pay less for comprehensive insurance in Obamacare’s health care exchanges."
That's could not would pay less

And here's the clincher in the next to last paragraph....."If Sundby continues to see the non-participating doctors, she will incur additional out-of-pocket health care costs."
So Obamacare is forcing her to change doctors from the ones who are treating her to ones who they say must treat her. Remember Obama lying when he said "If you want to keep your doctor.....you can"

Yep......Obama's signature achievement was based on lies and deceiving all of his supporters. Some leader we've got in the White House. :frown1:

 

[D_Upsy_Daisy]

"Your" money came from the government.

No, it didn't.

And why does it matter who or where I EARNED my money from?

 

[B_underguy1]

No, it didn't.

And why does it matter who or where I EARNED my money from?

Yes it did. The government issues the currency. Without government spending there would be no money.

 

[Klingsor]

Yes it did. The government issues the currency. Without government spending there would be no money.

You don't understand. He's a counterfeiter. Truly a self-made man.

(Though he probably used government-issued currency to purchase his equipment).

 

[ClintHardBall]

How does government spending increase money??? Interesting. Yes the government prints the money but the only way I get the money is by earning it. Then coincidentally I give it right back to the government so they can give it to someone shall we say "less fortunate."

Great system I work for the "less fortunate" and to think all I want is a thank you once in a while. How greedy of me.

 

[Klingsor]

How does government spending increase money??? Interesting. Yes the government prints the money but the only way I get the money is by earning it. Then coincidentally I give it right back to the government so they can give it to someone shall we say "less fortunate."

Great system I work for the "less fortunate" and to think all I want is a thank you once in a while. How greedy of me.

I'm far from the most economically literate here, but let me take a stab at this.

The only way you earn money is by getting a job or starting a business. In either case, your success depends on their being sufficient demand for your product or services. If there is little money circulating (much of it concentrated in the holdings of the very wealthy), there is a correspondingly low demand and small opportunity for advancement.

Government spending in the private sector (particularly by the direct means of providing employment) boosts the amount of circulating currency and the overall demand for goods and services, enabling you and others to earn that paycheck.

I welcome corrections from those better informed. And I won't even touch on taxes, since there has been some heated debate here recently about their exact purpose.

 

[Eric_8]

Any policy that you had before Obamacare passed is grandfathered. The insurance company made the choice to not keep the policy in place, not Obamacare requirements.

Spin that would puts dradles to shame!

 

[HippyHollowAustin]

What that I said is untrue?