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Obamacare 2014 - Part Deux

malibber2
malibber2
Aug 12, 2014
7:16am
Block User
Maybe if the insurance companies weren't so incompetent so many people wouldn't be dropping their coverage. Anthem sent me an email yesterday telling me how I could print out copies of my insurance cards which was about two months after they canceled me. LOL
hoops2
hoops2
Aug 19, 2014
4:19am
Block User
“Obamacare is increasing the cost of providing health insurance to workers, according to a report released Monday by the Federal Reserve Bank of New York. A majority of businesses surveyed by the New York Fed expect the health-care law to increase the cost of their coverage, and the median respondent estimates a boost by 10 percent in 2015…”
forkushV
forkushV
Aug 19, 2014
4:54am
Block User
Quote
Originally posted by: hoops2
“Obamacare is increasing the cost of providing health insurance to workers, according to a report released Monday by the Federal Reserve Bank of New York. A majority of businesses surveyed by the New York Fed expect the health-care law to increase the cost of their coverage, and the median respondent estimates a boost by 10 percent in 2015…”
Grasping. At. Straws. The knock on Obamacare has gone from "Death Panels!" and "No One Will Enroll!" and "No One Will Pay!" to this gem:

Some New York manufacturers THINK it will raise their costs next year...

...even though two-thirds of them admit that for 2013-2014, it either had no effect or just raised costs a little.

pjstroh
pjstroh
Aug 19, 2014
4:58am
Block User
Quote
Originally posted by: hoops2
“Obamacare is increasing the cost of providing health insurance to workers, according to a report released Monday by the Federal Reserve Bank of New York. A majority of businesses surveyed by the New York Fed expect the health-care law to increase the cost of their coverage, and the median respondent estimates a boost by 10 percent in 2015…”


Probably true. Of course, its not an apples to apples comparison.

Many "employer plans" prior to the new law could only be called "insurance" by someone wearing a clown suit. If a company's health costs are rising dramatically its likely because the employer is now forced to provide legitimate insurance to its workers instead of shares of the Brooklyn Bridge - which was one of the objectives of the law.


hoops2
hoops2
Aug 19, 2014
5:13am
Block User
How does pj know the details of company sponsored plans? Please don't quote Obama and company as they have been less than truthful on this law.

q]Originally posted by: pjstroh
Quote
Originally posted by: hoops2
“Obamacare is increasing the cost of providing health insurance to workers, according to a report released Monday by the Federal Reserve Bank of New York. A majority of businesses surveyed by the New York Fed expect the health-care law to increase the cost of their coverage, and the median respondent estimates a boost by 10 percent in 2015…”


Probably true. Of course, its not an apples to apples comparison.

Many "employer plans" prior to the new law could only be called "insurance" by someone wearing a clown suit. If a company's health costs are rising dramatically its likely because the employer is now forced to provide legitimate insurance to its workers instead of shares of the Brooklyn Bridge - which was one of the objectives of the law.


pjstroh
pjstroh
Aug 19, 2014
5:24am
Block User
Quote
Originally posted by: hoops2
How does pj know the details of company sponsored plans? Please don't quote Obama and company as they have been less than truthful on this law.

q]Originally posted by: pjstroh
Quote
Originally posted by: hoops2
“Obamacare is increasing the cost of providing health insurance to workers, according to a report released Monday by the Federal Reserve Bank of New York. A majority of businesses surveyed by the New York Fed expect the health-care law to increase the cost of their coverage, and the median respondent estimates a boost by 10 percent in 2015…”


Probably true. Of course, its not an apples to apples comparison.

Many "employer plans" prior to the new law could only be called "insurance" by someone wearing a clown suit. If a company's health costs are rising dramatically its likely because the employer is now forced to provide legitimate insurance to its workers instead of shares of the Brooklyn Bridge - which was one of the objectives of the law.


Because the new law requires insurance companies to use 80% of their premium inflows to pay for actual patient care instead of corporate helicopters. And the new law requires a bare minimum set of coverage requirements....so companies are no longer allowed to give employees a coupon book for the hospital and call it "insurance". I largely consider it a positive development. If you think corporate profits are more important than worker healthcare then feel free to disagree.



hoops2
hoops2
Aug 19, 2014
5:33am
Block User
In 2013 I got a refund of $95 for the 80% rule. In 2014 my insurance went up. How many companies gave out a coupon book?
pjstroh
pjstroh
Aug 19, 2014
5:51am
Block User
Quote
Originally posted by: hoops2
In 2013 I got a refund of $95 for the 80% rule. In 2014 my insurance went up. How many companies gave out a coupon book?


Good for you!

And since insurance companies by law must use 80% of their premiums for care then the question would be what is making the employer costs rise in the cases you describe? Wait, I just answered the question for you. But you seem to want to ignore the 80% rule and pretend employer costs are rising on some other unnamed, nefarious metric that you cant articulate. Go figure.

The law answers your question. I'm sorry if you dont like the answer. But Thanks for stopping by.
O2bnVegas
O2bnVegas
Aug 19, 2014
9:18am
Block User
Quote
Originally posted by: pjstroh
Quote
Because the new law requires...




That's a good one.
jatki
jatki
Aug 19, 2014
10:12am
Block User
Quote
Originally posted by: pjstroh
Quote
Originally posted by: hoops2
In 2013 I got a refund of $95 for the 80% rule. In 2014 my insurance went up. How many companies gave out a coupon book?


Good for you!

And since insurance companies by law must use 80% of their premiums for care then the question would be what is making the employer costs rise in the cases you describe? Wait, I just answered the question for you. But you seem to want to ignore the 80% rule and pretend employer costs are rising on some other unnamed, nefarious metric that you cant articulate. Go figure.

The law answers your question. I'm sorry if you dont like the answer. But Thanks for stopping by.



Call me ignorant. What in the world are you referring to when you say the "80% rule"?
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