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Obamacare Death Spiral

IndyBoilerman
IndyBoilerman
Aug 18, 2016
9:16am
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Is PJ willing to work for free? I think not. Does PJ expect private sector business to provide insurance with no profit? Apparently he does. How many folks are going to invest in a business that is assured of losing money?



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Originally posted by: pjstroh
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Originally posted by: hoops2
Actually Aetna's 1st half EPs is flat to last year.

According to liberals, companies are not allowed to make money & if a business unit is losing money they are expected to hold onto to it. However it is the duty of the board of directors to make money for their stockholders & to shed money losing operations.


And if you think the top priority of any country's healthcare system is to make profit for private sector investors then you belong to the right party, Hoops.


forkushV
forkushV
Aug 18, 2016
9:20am
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Quote
Originally posted by: jphelan
Quote
Originally posted by: billryan
Balance a checkbook?
My, you really are living in the past. Who even writes checks these days?


When I went to high school, Consumer Economics was a required class for graduation. Today, most states don't even require any basic financial education. No wonder nearly 98% of today's college student do not know if their loans accumulate interest in-school or during deferment...
The Worst Generation didn't have to worry much about that.

pjstroh
pjstroh
Aug 18, 2016
10:21am
Block User
Quote
Originally posted by: jatki99


Would you invest in a company that had such losses PJ? I doubt it, I know I wouldn't.


No! I would not! And by that same metric I would not invest in the United States Military which has never turned a profit throughout its entire existence.

The rest of the free world sees healthcare as a public service that people get in exchange for paying taxes. We're the only country that puts shareholders in front of patients. And that's still true after the "government takeover of the insurance industry" also known as Obamacare.


pjstroh
pjstroh
Aug 18, 2016
10:28am
Block User
Quote
Originally posted by: alanleroyII


That ain't going to happen...Because the Republicans don't want to lose the ACA as an issue and the Democrats don't want to admit there's a problem. Unfortunately that means these issues just continue to build up until it explodes. Same thing with the debt.


Having the ACA as an issue hasn't helped Republicans much with elections - certainly not with the popular vote. Republicans don't have an alternative. When you look at their unscored, nebulous plan that they have scribbled on the back of a napkin its essentially Obamacare with less regulation on the insurance companies....largely allowing them to charge more and cover less.





alanleroyII
alanleroyII
Aug 18, 2016
11:42am
Block User
Quote
Originally posted by: pjstroh
Quote
Originally posted by: alanleroyII


That ain't going to happen...Because the Republicans don't want to lose the ACA as an issue and the Democrats don't want to admit there's a problem. Unfortunately that means these issues just continue to build up until it explodes. Same thing with the debt.


Having the ACA as an issue hasn't helped Republicans much with elections - certainly not with the popular vote.
I guess it's just coincidence that the year the ACA was rammed through congress the Democrats suffered the biggest political losses in 70 years.

What if they are right about the Death Spiral? All those failed Co-Ops...Major Insurers dropping the ACA like a hot potato? Are those real problems or not?
jatki
jatki
Aug 18, 2016
12:08pm
Block User
Quote
Originally posted by: pjstroh
Quote
Originally posted by: alanleroyII


That ain't going to happen...Because the Republicans don't want to lose the ACA as an issue and the Democrats don't want to admit there's a problem. Unfortunately that means these issues just continue to build up until it explodes. Same thing with the debt.


Having the ACA as an issue hasn't helped Republicans much with elections - certainly not with the popular vote. Republicans don't have an alternative. When you look at their unscored, nebulous plan that they have scribbled on the back of a napkin its essentially Obamacare with less regulation on the insurance companies....largely allowing them to charge more and cover less.


That's because the last election was in 2012, BEFORE THE ACA TOOK EFFECT. Remember how pissed everybody was when they lost their insurance, doctor, etc., realizing they had been blatantly lied to by the POTUS?
jatki
jatki
Aug 18, 2016
12:15pm
Block User
I think a good start for the ACA is to scrap it, go back to private insurers but for those uninsurable offer a govt backed ins. program ala the National flood insurance program. What would be the big difference from the NFIP and the huge subsidys being paid out now?
jatki
jatki
Aug 18, 2016
12:17pm
Block User
BTW I wouldn't invest in the military it's provided for by the US constitution.
pjstroh
pjstroh
Aug 18, 2016
2:06pm
Block User
Quote
Originally posted by: alanleroyII
Quote
Originally posted by: pjstroh
Quote
Originally posted by: alanleroyII


That ain't going to happen...Because the Republicans don't want to lose the ACA as an issue and the Democrats don't want to admit there's a problem. Unfortunately that means these issues just continue to build up until it explodes. Same thing with the debt.


Having the ACA as an issue hasn't helped Republicans much with elections - certainly not with the popular vote.
I guess it's just coincidence that the year the ACA was rammed through congress the Democrats suffered the biggest political losses in 70 years.

What if they are right about the Death Spiral? All those failed Co-Ops...Major Insurers dropping the ACA like a hot potato? Are those real problems or not?



Yes...and obamacare is so widely hated that Republicans made the grandfather of that system their candidate in 2012 - while pretending he wasn't . But He lost. Badly. The man who implemented romneycare at th national level is currently enjoying one of the highest approval ratings of any presidents 7 years into his tenure. Because most people outside the FOX News bubble understand The ACA is better than the train wreck that came before it.

the governor of KY ran and won his campaign on rolling back Obamacare only to have his constituents demand he leave it alone once he took office. His huge overhaul of Obamacare ended up amounting to letting the Feds run it instead of his state. Amazing how an opinion can change when one is actually responsible for governing, isn't it?

its a pretty good blue print for what republicans would offer if they won the White House...and what Paul Ryan has Vaguely offered to date. What recent history and republicans have taught us is the single most hated attribute of Obamacare by far is....Obama. And when you learn that 40% of republicans believe he is an illegal immigrant from Africa you understand why
alanleroyII
alanleroyII
Aug 18, 2016
2:31pm
Block User
Quote
Originally posted by: pjstroh
Quote
Originally posted by: alanleroyII
Quote
Originally posted by: pjstroh
Quote
Originally posted by: alanleroyII


That ain't going to happen...Because the Republicans don't want to lose the ACA as an issue and the Democrats don't want to admit there's a problem. Unfortunately that means these issues just continue to build up until it explodes. Same thing with the debt.


Having the ACA as an issue hasn't helped Republicans much with elections - certainly not with the popular vote.
I guess it's just coincidence that the year the ACA was rammed through congress the Democrats suffered the biggest political losses in 70 years.

What if they are right about the Death Spiral? All those failed Co-Ops...Major Insurers dropping the ACA like a hot potato? Are those real problems or not?



Yes...and obamacare is so widely hated that Republicans made the grandfather of that system their candidate in 2012 - while pretending he wasn't . But He lost. Badly. The man who implemented romneycare at th national level is currently enjoying one of the highest approval ratings of any presidents 7 years into his tenure. Because most people outside the FOX News bubble understand The ACA is better than the train wreck that came before it.

the governor of KY ran and won his campaign on rolling back Obamacare only to have his constituents demand he leave it alone once he took office. His huge overhaul of Obamacare ended up amounting to letting the Feds run it instead of his state. Amazing how an opinion can change when one is actually responsible for governing, isn't it?

its a pretty good blue print for what republicans would offer if they won the White House...and what Paul Ryan has Vaguely offered to date. What recent history and republicans have taught us is the single most hated attribute of Obamacare by far is....Obama. And when you learn that 40% of republicans believe he is an illegal immigrant from Africa you understand why

Nice rant. Of course if you're interested in facts, the ACA has never been viewed favorably by the majority of Americans.

And you didn't answer my question. Is this 'Death Spiral' business real or just made up bullshit? Are we not getting enough young/healthy people to sign up to make it viable? Should we be concerned that so many major insurers are walking away and most of the co-ops are bankrupt? Or is it really a rosy picture and not a big deal because there are others that will take their place?

And no...blah blah blah Romney or blah blah blah Kenyan is not a real answer.

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