More and more, Obamacare crtics are being forced to eat crow

[superbeets]

The future of Obamacare
Looking ahead, I'd suggest focusing your attention on two potentially big events that could dictate the future of Obamacare.


First, we have the national election on Nov. 7, 2016. Depending on who winds up in the oval office and what party is dominant within Congress, we could see Obamacare altered or repealed in its entirety. It's tough to tell whether it'll be a long-term success when there are no guarantees that it'll even be in existence come February 2017.
Secondly, assuming Obamacare survives in its current form, we should pay close attention to what UnitedHealth Group (NYSE:UNH) does in the next enrollment period (Oct. 1, 2016 - Dec. 15, 2016) for calendar year 2017. UnitedHealth Group has projected cumulative losses totaling close to $1 billion from Obamacare individual marketplace plans for 2015 and 2016, and it's threatened to completely leave the exchanges by as early as 2017. As the largest insurer in the country, if it left the marketplace exchanges it could be a devastating blow to competitive pricing and the overall feeling of long-term sustainability of the program.
We'll certainly have plenty to keep our eyes on in 2016.

 

[russ1945]

[h=2]Obama on Merrick Garland: ‘Yeah, He’s a White Guy’ But [/h]

 

[Acebb]

Again, this fucking dipshit is so wrong on everything it is surreal

UnitedHealth Makes Good on Threat to Pull Out of Obamacare


United Health and Aetna both reported losses last year after the companies badly underestimated the cost of providing health care insurance to many individuals who turned out to be older and sicker than they had anticipated. UnitedHealth generally enrolled consumers with better health than the overall exchange population, according to Hemsley, but it still lost money.

UnitedHealth declined to speculate on Friday whether it would discontinue its Obamacare operations in other states, although it seems likely that more closures will follow. United Health is among dozens of insurers that sell coverage to millions of Americans in marketplaces established by the states or the federal government that provide federal subsidies to low-income people.

 

[JDeuce]

Again, this fucking dipshit is so wrong on everything it is surreal

UnitedHealth Makes Good on Threat to Pull Out of Obamacare

We're apparently just getting started.


2 of the 23 taxpayer funded non-profit co-ops created under the Affordable Care Act were shuttered, and the largest of them is under investigation. By the end of 2014, 21 of the 23 non-profit health insurance co-ops created under the ACA were losing money. Enrollment was well beneath expectations in 13 of the 23 plans.
And the news isn’t getting any better.

Records obtained by Richard Pollack of the Daily Caller indicate another 8 co-ops might be on their way out this year:



Where are the fucking nimrods who told us this was an awesome plan again? It's the same pseudo-intellectual numbskulls who jumped up and down on their trampolines and clapped robotic-ally and mindlessly at "political analysis" fed to them by retards like Jon Stewart.

Arr arr arr!!

 

[ScottL]

So let's here some predictions. What's going to happen a year or 2 from now?

Is this entire system going to collapse upon itself regardless of the outcome of the election?

Or will the gov't just throw more money at it to prop it up?

If it does collapse what happens next? For the well off. For those in the middle? For the poor?

 

[vidswaps]

So let's here some predictions. What's going to happen a year or 2 from now?

Is this entire system going to collapse upon itself regardless of the outcome of the election?

Or will the gov't just throw more money at it to prop it up?

If it does collapse what happens next? For the well off. For those in the middle? For the poor?

The Answer Is Two Words: SINGLE PAYER!!!!!

http://www.pnhp.org/facts/what-is-single-payer

 

[Acebb]

[h=1]Insurers warn losses from ObamaCare are unsustainable[/h]
Health insurance companies are amplifying their warnings about the financial sustainability of the ObamaCare marketplaces as they seek approval for premium increases next year.
Insurers say they are losing money on their ObamaCare plans at a rapid rate, and some have begun to talk about dropping out of the marketplaces altogether.

 

[Acebb]

Employers push limit of Obamacare by excluding outpatient surgery in plans

Libbi Stovall couldn’t believe it last month when she looked at the fine print in her company’s 2016 health plan, which supposedly meets the strictest standard for employer obligations under Affordable Care Act rules.

The insurance paid for inpatient hospital care, office visits and diagnostic imaging. But it provided no coverage for outpatient surgery, which accounts for two out of every three operations in the nation, according to hospital industry data.

 

[festeringZit]

[h=1]UnitedHealth pulls back on ObamaCare exchanges amid huge losses[/h]Published April 19, 2016 FoxNews.com


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The nation’s largest health insurer, fearing massive financial losses, announced Tuesday that it plans to pull back from ObamaCare in a big way and cut its participation in the program’s insurance exchanges to just a handful of states next year – in the latest sign of instability in the marketplace under the law.
UnitedHealth CEO Stephen Hemsley said the company expects losses from its exchange business to total more than $1 billion for this year and last.
Despite the company expanding to nearly three dozen state exchanges for this year, Hemsley said the company cannot continue to broadly serve the market created by the Affordable Care Act's coverage expansion due partly to the higher risk that comes with its customers.
UnitedHealth Group Inc. said it now expects to lose $650 million this year on its exchange business, up from its previous projection for $525 million. The insurer lost $475 million in 2015, a spokesman said.
UnitedHealth has already decided to pull out of Arkansas, Georgia and Michigan in 2017, and Hemsley told analysts during a Tuesday morning conference call that his company does not want to take the financial risk from the exchanges into 2017.
"We continue to remain an advocate for more stable and sustainable approaches to serving this market," he said.
The state-based exchanges are a key element behind the Affordable Care Act's push to expand insurance coverage. But insurers have struggled with higher-than-expected claims from that business.
A recent study by the Blue Cross Blue Shield Association detailed how many new customers nationwide under ObamaCare are higher-risk. It found new enrollees in individual health plans in 2014 and 2015 had higher rates of hypertension, diabetes, depression, coronary artery disease, HIV and Hepatitis C than those enrolled before ObamaCare.


On the heels of Tuesday's announcement, Sen. Ben Sasse, R-Neb., said in a statement it’s a sign of “the President’s broken promise that families would have more choices under ObamaCare.”
The Kaiser Family Foundation, in an analysis on the prospect of United's exit, said “the effect on insurer competitioncould be significant in some markets – particularly in rural areas and southern states” if it is not replaced.
In the most extreme scenario, “If United were to leave the exchange market overall, 1.8 million Marketplace enrollees would be left with two insurers, and another 1.1 million would be left with one insurer as a result of the withdrawal,” the analysis said.
UnitedHealth had moved slowly into the newly created market by participating in only four exchanges in their first year, 2014. But the company then expanded to two dozen exchanges last year and said in October it would add to that total. It currently participates in exchanges in 34 states and covers 795,000 people

UnitedHealth Group Inc. (UNH) | FindTheCompany​

A month after announcing its latest exchange expansion, UnitedHealth started voicing second thoughts. The insurer said in November that it would decide by the first half of this year whether to even participate in the market for 2017.
Insurers say they have struggled, in particular, with customers who have signed up for coverage outside regular enrollment windows and then dumped expensive claims on their books, a problem the government has said it would address.
A dozen nonprofit health insurance cooperatives created by the ACA to sell coverage on the exchanges have already folded, and the survivors all lost millions last year.
Other publicly traded insurers like Aetna have said that they have lost money on this business as well. But some companies, like Molina Healthcare, have said they have managed to turn a profit from the exchanges.
Analysts expect other insurers to also trim their exchange participation in 2017, especially if they continue to struggle with high costs.
The Associated Press contributed to this report.

 

[festeringZit]

[ ObamaCare... what a complete cluster-fuck. And the fucking clueless libtards in here are touting it. ]

"The nation’s largest health insurer, fearing massive financial losses, announced Tuesday that it plans to pull back from ObamaCare in a big way and cut its participation in the program’s insurance exchanges to just a handful of states next year – in the latest sign of instability in the marketplace under the law.
UnitedHealth CEO Stephen Hemsley said the company expects losses from its exchange business to total more than $1 billion for this year and last."

 

[Acebb]

And the epic beclowning continues:

She shopped for insurance through the Obamacare exchange and learned that rates in her new area were much higher than they had been in Oklahoma City. She bought a health plan from Blue Cross and Blue Shield of Oklahoma for $750 a month with a manageable deductible.

Then last year Blue Cross eliminated that plan — which is pretty common as insurers adjust to the Obamacare markets — and Powell was forced to buy the more expensive policy with a deductible of $3,000 for each person in her family. The insurance pays for checkups and prescriptions, but if anyone gets sick, Powell has to pay the full doctor bill until the deductibles are met.



ObamaCare is so great, just don't get sick!

 

[Willie99]

Obamacare fucked up healthcare in every way imaginable

higher premiums
higher copays
higher deductibles

increased time wasted on compliance for medical professionals, meaning less time providing healthcare services

and because of the high deductibles, more people will DIE because they will not pay for medical services that could have saved their lives

existing plans taken away by the fucking lying POS, although he promised otherwise

people having to change doctors because of the scumbags

sticker shock when people using exchanges file their tax returns




typical liberal policy, an abysmal failure, a clusterfuck of epic proportions, a tsunami created by idiot politicians

its' all so damn sad

 

[JDeuce]

Obama Administration Unlawfully Reimbursed Health Insurers, Judge Rules
The Obama administration unlawfully paid billions of dollars to insurance providers under the Affordable Care Act without a funding appropriation from Congress, a federal district judge in Washington ruled on Thursday.




For those of you who are less than bright, here is what's happening in a nutshell: it just so happens the Stuttering Clusterfuck is illegally funneling that money into the ACA to bail out the insurance companies.

Nice plan, except for one problem. He, like, legally isn't allowed to do that. The dispute is over the Constitutional requirement that Congress appropriates the money.

This mother fucker should be behind bars. But I'm sure this is just another attack motivated by nothing other than race, right dims?

 

[Willie99]

this thread belongs with the all time classics

 

[bukis1]

Obamacare fucked up healthcare in every way imaginable

higher premiums
higher copays
higher deductibles

increased time wasted on compliance for medical professionals, meaning less time providing healthcare services

and because of the high deductibles, more people will DIE because they will not pay for medical services that could have saved their lives

existing plans taken away by the fucking lying POS, although he promised otherwise

people having to change doctors because of the scumbags

sticker shock when people using exchanges file their tax returns




typical liberal policy, an abysmal failure, a clusterfuck of epic proportions, a tsunami created by idiot politicians

its' all so damn sad

+1 it is a complete disaster on what it did to healthcare

 

[SheriffJoe]

Federal judge rules Obamacare is being funded unconstitutionally

http://www.latimes.com/nation/la-na-obamacare-court-ruling-20160512-snap-story.html

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:aktion033

The whole damn thing is unconstitutional.

 

[ScottL]

I have a business idea for after this thing collapses. I'm going to help people get their Rxs filled at a discounted price by representing their needs directly to the drug companies. I'm already doing it on my own. I got an Rx that was not covered by Blue Cross. For 30 pills CVS wanted $203. I called the company directly. 30 pills to my door every month for $25. It has nothing to do with income. These programs are out there. I figure if people will pay others to find them college scholarships wht wouldn't they pay for Rx assistance?

 

[skoda]

Confirmed: Obama Administration to REIMBURSE Insurance Companies Up to 80% on O-Care Losses

Stuffed inside the Obamacare law passed by Democrats (with no Republican votes) is a provision that will reimburse insurance companies up to 80% of their losses due to Obamacare.

Melissa Francis reported the provision on FOX News:


“Marco Rubio has been out highlighting the fact that there is this ‘risk corridor’ where written into this law that nobody read is this idea that is insurance companies have 3% higher costs than they estimated as a result of who’s in these pools, they can recoup 50% of that money from the government, from you and me. 8% higher than what they estimated, they can recoup 80%!… This bailout of the insurance companies is the next big thing we’ll all be talking about.”

​

Robert Laszewski—a prominent consultant to health insurance companies—recently wrote in a remarkably candid blog post that, while
Obamacare is almost certain to cause insurance costs to skyrocket even higher than it already has, “insurers won’t be losing a lot of sleep over it.” How can this be? Because insurance companies won’t bear the cost of their own losses—at least not more than about a quarter of them. The other three-quarters will be borne by American taxpayers.


For some reason, President Obama hasn’t talked about this particular feature of his signature legislation. Indeed, it’s bad enough that Obamacare is projected by the Congressional Budget Office to funnel $1,071,000,000,000.00 (that’s $1.071 trillion) over the next decade (2014 to 2023) from American taxpayers,through Washington, to health insurance companies.

It is complicated...... I hope my vote counts?

​

 

[Acebb]

This clown is a dumb fuck of epic, epic proportions

Sorry, We Don’t Take Obamacare


AMY MOSES and her circle of self-employed small-business owners were supporters of President Obama and the Affordable Care Act. They bought policies on the newly created New York State exchange. But when they called doctors and hospitals in Manhattan to schedule appointments, they were dismayed to be turned away again and again with a common refrain: “We don’t take Obamacare,” the umbrella epithet for the hundreds of plans offered through the president’s signature health legislation.

“Anyone who is on these plans knows it’s a two-tiered system,” said Ms. Moses, describing the emotional sting of those words to a successful entrepreneur.

“Anytime one of us needs a doctor,” she continued, “we send out an alert: ‘Does anyone have anyone on an exchange plan that does mammography or colonoscopy? Who takes our insurance?’ It’s really a problem.”

 

[skoda]

Highmark Inc. filed a lawsuit against the federal government Tuesday seeking $223 million in payments related to the insurer's losses arguing it is owed money under the Affordable Care Act. BC/BS is a non-profit.

It helps to be connected......... severance deal with Blue Cross President in 2015 was 3.2 million