My Obamacare prediction of higher than promised cost will come true

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Originally posted by: DonDiego
And best of all, . . . if through some unfortunate, and given the above results apparently most unlikely, miscalculation an insurance company were to price its policy too low and lose money, . . . the government would bail them out.
It's a win-win.
We've discussed this, that's not how it works at all.



The risk corridors are not funded by taxes. They are funded by insurance companies that priced their plans too high relative to the expenses they faced, and given to the insurance companies that priced their plans too low and had to pay out more than they expected. This program, which only lasts three years, is budget neutral.

But why be honest when there's a busy President to bash.
DonDiego now complains about private companies administrating insurance. (Congratulations! Join the team! )
And we all know DonDiego's feelings toward the government administrating anything.

So the question is....who should administrate health insurance in this country? Not private companies. Not government. Jesus maybe?
Quote

Originally posted by: Chilcoot

The risk corridors are not funded by taxes. They are funded by insurance companies that priced their plans too high relative to the expenses they faced, and given to the insurance companies that priced their plans too low and had to pay out more than they expected. This program, which only lasts three years, is budget neutral.

And, . . . what if there's not enough "excess" (decided by whom?) from those who "overpriced" (decided by whom?) to cover those who "overspent" (decided by whom?) ?


Quote

Originally posted by: pjstroh
DonDiego now complains about private companies administrating insurance. (Congratulations! Join the team! )
And we all know DonDiego's feelings toward the government administrating anything.

So the question is....who should administrate health insurance in this country? Not private companies. Not government. Jesus maybe?

Umm, . . . it wasn't a complaint. It was an observation that health insurance companies are making out like, . . . umm, . . . bandits. DonDiego has no problem with that.

DonDiego's "feeling" is that businesses should run their businesses with the minimal Government interference necessary. This allows the free-market to arrive at a more efficient result than is likely with greater Government interference.
Otherwise, . . . the business being "administered" by the Government, the insurance companies in this case, will make out like bandits because i.they are motivated to make money and ii.they are smarter than the Government minions "running" the program and iii.they work harder than the Government minions. Until there is a "public demand" (real or politically manufactured) to cut the costs; that's when the Government gets really involved and hires more minions and costs skyrocket.

Didn't anybody learn anything from the Soviet Union, . . . and its eventual collapse?

Let the markets work.

As Mr. Novak asked: "Was it really worth ripping the country apart over yet another partisan issue to enrich the same insurance companies just about everyone supposedly hated or wanted to change?"
Well, If your definition of "ripping the country apart" is outlawing the discrimination of sick people and giving healthcare access to millions of uninsured people....then yes! Its worth it !

Caps have been put on the price gouging that insurance companies can charge. And they can no longer charge women more than men. And they can no longer kick customers off their program as soon as their customers get cancer.

Insurance companies are scum. When insurance companies were regulated by the free market they engaged in all of the aforementioned practices that DonDiego chooses not to remember. The nasty, big government now makes insurance companies treat the public like human beings.

DonDiego and the non-partisan producer of the Larry Kudlow show are free to long for the good ole days.

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Originally posted by: pjstroh
Well, If your definition of "ripping the country apart" is outlawing the discrimination of sick people and giving healthcare access to millions of uninsured people....then yes! Its worth it !
That is not DonDiego's definition of "ripping the country apart".
DonDiego finds it difficult to imagine that is anybody's definition of "ripping the country apart".

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Originally posted by: pjstroh
Caps have been put on the price gouging that insurance companies can charge. And they can no longer charge women more than men. And they can no longer kick customers off their program as soon as their customers get cancer.
What if women's health care costs more than men's health care?
Is anybody getting ripped off then?

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Originally posted by: pjstroh
Insurance companies are scum. When insurance companies were regulated by the free market they engaged in all of the aforementioned practices that DonDiego chooses not to remember.
Now who's complaining?

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Originally posted by: pjstroh
The nasty, big government now makes insurance companies treat the public like human beings.
DonDiego has always been treated civilly by his health insurance companies. It's those home insurance pricks that always have some sorta excuse f'r not paying' !
And the health insurance companies are making more money than ever. It's a win-win, . . . 'cep tin' maybe f'r those whose health insurance is not subsidized.

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Originally posted by: pjstroh
DonDiego and the non-partisan producer of the Larry Kudlow show are free to long for the good ole days.
DonDiego does. But he thanks pjstroh for granting him permission to continue. Oh, . . . and he doesn't yell at kids to get off his lawn, . . . like some LVA posters allege.
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Originally posted by: DonDiego
Didn't anybody learn anything from the Soviet Union, . . . and its eventual collapse?
Cool! For once, the Stalin's Codicil* has beaten Godwin's Law to the thread!



*During an on-line discussion, if an American Conservative is confronted with facts that contradict his beliefs, the probability of a comparison involving Stalin and the Soviet Union approaches 1.
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Originally posted by: DonDiego
What if women's health care costs more than men's health care?
Is anybody getting ripped off then?
An excellent point! Why, if people don't want to need more expensive health care, they shouldn't choose to be born female!

(Does this guy ever think before he posts?)

THIS SPACE LEFT INTENTIONALLY EMPTY
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Originally posted by: Chilcoot
Quote

Originally posted by: DonDiego
Didn't anybody learn anything from the Soviet Union, . . . and its eventual collapse?
Cool! For once, the Stalin's Codicil* has beaten Godwin's Law to the thread!

*During an on-line discussion, if an American Conservative is confronted with facts that contradict his beliefs, the probability of a comparison involving Stalin and the Soviet Union approaches 1.

What belief has been contradicted?

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Originally posted by: LVrealestateHELP
On July 1st of 2014 my policy will double in cost for the same policy due to Obamacare. THANKS FOR HELPING ME OUT! He said things were going to change, he wasn't lying about that. This reminds me of a bumper sticker I saw that said "I'll keep my money and you can keep the change".


Ooh, details please!!!

Because there could have been a variety of reasons for that. Maybe you just went with your insurance company's quote and didn't check on the Obamacare Marketplace (I'm betting on this one.) And unfortunately, insurance companies and WC Fields have the same motto: "Never give a sucker an even break."

Of course Julie Boonstra on those Koch brothers teevee commercials and "Bette in Spokane" cited in the GOP response to the State of the Union, pathetically never shopped on the Marketplace either. Same with Deborah Cavallaro, who was highlighted by Maria Bartiromo on CNBC.

Or maybe you're like Emily Lamb in another Kochmercial, who upgraded to Platinum but (duh) says it's expensive.

Or maybe you had junk insurance previously, like Dianne Barrette in a CBS Obamacare horror story, which Consumer Reports debunked by pointing out that the woman was previously paying premiums in order to be effectively UNinsured. And later Barrette admitted that Obamacare could be a "blessing in disguise."

Or maybe you're like Edie Sundby quoted by the Wall Street Journal - and DonDiego - who said her insurance was cancelled by Obamacare, but her insurance company told investors a year earlier that it was pulling out of California because it had too few subscribers to compete. And the ungrateful wretch was able to get new health insurance despite her pre-existing condition because of Obamacare.

Or maybe you're like Boilerman's friend, Dishonest Nick, who was actually able to get a much lower rate for the the exact precise criteria Nick himself quoted in an email.

Or maybe what you're saying is accurate, Robert.

In which case YOU ARE THE UNICORN - you know, the thing we've all heard about but never seen. So details please! If it all verifies, you could become famous and become the go-to real estate broker for very gullible people who really, really want to believe the Obamacare horror stories. Good luck!
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