Obamacare has over 540,000 signups in the first week

Yssup Rider's Avatar
Fantasy Ass kicking, LLephantMan?

You mean the big duke-a-roo in Clarksville?

I'm workin on the promotional poster as we speak!

HAHAHAHAHAHAHAHAHAAAAA!
LexusLover's Avatar
You mean the big duke-a-roo in Clarksville?

I'm workin on the promotional poster as we speak!
Originally Posted by Yssup Rider
I suspect there are a lot more "beemers" in Clarksville these days than when I was passing through .... that's why the bus stopped right in front of Nau's Drug just outside of Clarksville ... so folks could ride down to Lake Austin Boulevard and catch the "Lake Austin" bus to Congress and Sixth at Woolworth's. Or they could take the bus the other direction to Enfield Road to catch that line to work. In those days only "White Folk" could sit down at the counter in Nau's or Woolworth's.

Remember?
Yssup Rider's Avatar
So you're saying the bus stopped at Naus because of the BMWs?

Or are you saying you shopped at Woolworth when you lived here before we were all born?

Or was that about the time when we were wearing Buster Browns?"

Had they built the Capitol yet?

What the fuck ARE you saying, LLephantMan?

That you are not an animal? Or that you have been taking SS and Medicare for the past decade?

Your math is about as fuzzy as Ben Carson's memory, LLephantMan!
LexusLover's Avatar
So you're saying the bus stopped at Naus because of the BMWs? Originally Posted by Yssup Rider
No.
RedLeg505's Avatar
Despite the experience that J.D. Barleycorn had with the ACA, people are signing up. The enrollment numbers are higher than the previous year. It is better to be insured than uninsured.


http://thehill.com/policy/healthcare...-in-first-week Originally Posted by flghtr65
Any idea when you are going to get the 40+ million Americans you said were uninsured and we're why we had to destroy the system 85+% of participants liked in order to cover these claimed 40+ Million?? 540,000 is a LOT less than 40 Million. Heck, it's less than the number of Americans who had insurance that they liked that they weren't able to keep despite the many times Obama lied and said the could keep their insurance and doctors they liked.
Yssup Rider's Avatar
Heavily fined? Maybe for you, but as a ward of the state, you already pay nothing, right Simple Jack?

The rest of us taxpayers subsidize both you and the Medicare Leech!

Shame on you, SLOBBRIN, IOTY,
flghtr65's Avatar
Any idea when you are going to get the 40+ million Americans you said were uninsured and we're why we had to destroy the system 85+% of participants liked in order to cover these claimed 40+ Million?? 540,000 is a LOT less than 40 Million. Heck, it's less than the number of Americans who had insurance that they liked that they weren't able to keep despite the many times Obama lied and said the could keep their insurance and doctors they liked. Originally Posted by RedLeg505
The 540,000 signups were just for the FIRST week. It's not for whole enrollment period. If you are not challenged by a column graph, read the projections made by the Congressional Budget Office in Table 3. The projection for the end of 2018 there will be 39 million more U.S. citizens under age 65 insured because of the ACA. This is a combination of people getting a subsidy on the government exchanges and the expanded Medicaid. These projections are from March 2012. No one projected that there would 40 million more insured by the end 2015. The percentage insured increases from 82% to 93%. Where are you getting your information from? The CBO scores all of the federal government spending. One more time, the Federal Government DOES NOT control which doctors are in which health insurance companies networks, the health insurance companies do.

http://www.cbo.gov/sites/default/fil...0Estimates.pdf
LexusLover's Avatar
The 540,000 signups were just for the FIRST week. Originally Posted by flghtr65
I just "signed up" for one of these .... they will call when it's ready!



Quit posting headlines that are meaningless.
And with Bloomberg now reporting that United Healthcare will be pulling out of the odummer care fiasco and NOT sell any plans at all by 2017, it appears that odummer and flghtr65's legacy program over government takeover of one-sixth of the economy may be doomed ! What a blow to flghtr65's continued cheerleading program of the community organizers " total transformation of America " ! But odummer can always tke over THAT company like he did GM and DEMAND that his choice for CEO take over the company to insure that HIS legacy continues on !
The_Waco_Kid's Avatar
And with Bloomberg now reporting that United Healthcare will be pulling out of the odummer care fiasco and NOT sell any plans at all by 2017, it appears that odummer and flghtr65's legacy program over government takeover of one-sixth of the economy may be doomed ! What a blow to flghtr65's continued cheerleading program of the community organizers " total transformation of America " ! But odummer can always tke over THAT company like he did GM and DEMAND that his choice for CEO take over the company to insure that HIS legacy continues on ! Originally Posted by Rey Lengua
it gets worse. of the 23 State based co-ops, 12 have now failed. for those here like flghtr65 who can't understand math, that's just over half of them or 52% failure rate.

The Dirty Dozen: ObamaCare's 12 Co-Op Failures

http://news.investors.com/ibd-editorials-on-the-right/111315-780830-sally-pipes-dirty-dozen-obamacare-12-co-op-failures.htm?ref=SeeAlso

BY SALLY C. PIPES

11/13/2015 06:53 PM ET

President Obama's health care overhaul created 23 state-based insurance companies. So far, 12 of them have collapsed. Nine closed up shop this fall alone.

The reason? Well, these government-backed insurers — known as Consumer Operated and Oriented Plans — took their "nonprofit" status a bit too seriously and went bankrupt.

Michigan's co-op just announced it will close because it wasn't making enough money. As a result, more than 27,000 customers must now find insurance elsewhere. The announcement comes days after Arizona's co-op also shut down for the same reason.

The co-op scheme is proving to be one of the most misguided parts of the entire ObamaCare project. These insurers have lost billions of taxpayer dollars and left more than 740,000 people scrambling to find health coverage. And the situation will only grow worse.

ObamaCare established co-ops to provide exchange enrollees with low-cost insurance. The idea was that co-ops — unconcerned with maximizing profits — would offer exceptionally cheap plans and put competitive pressure on traditional insurers to lower their prices.

Things haven't exactly gone according to plan.

The problem is that these co-ops have been taking in less money in premiums than they're paying out in benefits. Over the first half of this year, ObamaCare's co-ops lost nearly $200 million — despite $2.4 billion in inexpensive loans from the federal government. Today, all but one of the 23 co-ops has lost money.

The mounting financial pressure has forced many to simply shut down.

Consider Arizona's co-op. Since it opened in 2012, the non-profit lost over $78 million. With even more losses on the horizon, the co-op was forced to close just two days before ObamaCare's open enrollment period started on Nov. 1.

A few weeks ago, the Kentucky Health Cooperative collapsed. At the time, it had the second-highest enrollment among all the co-ops in the country and had enrolled 75% of the patients on Kentucky's exchange. But it was running a "medical loss" ratio of 158%, meaning it was paying out $1.58 for every dollar it received in premiums.

Industry Consolidation

That's not a sustainable cash flow. And despite receiving $146.5 million in taxpayer-financed loans, the Kentucky Health Cooperative was deep in the red.

Likewise, Iowa's CoOportunity Heath liquidated in January and forced its 120,000 enrollees to find new coverage. Colorado HealthOP and Oregon's Health Republic, which together covered nearly 100,000 people, have also recently gone under.

The government was supposed to provide a financial backstop for the co-ops. ObamaCare empowered federal authorities to reimburse co-ops for their losses, technically known as "risk-corridor claims."



0zombie 00ps! Better get Grubering

http://benefitrevolution.blogspot.co...e-utterly.html

http://www.benefitspro.com/2015/11/1...lth-care-in-20


After Making Obamacare Utterly Unworkable, Colorado Looks to Move to a Single-Payer Healthcare System

Ya gotta love when a plan comes together.

From BenefitsPro:
Activists in the Centennial State have gotten more than the 100,000 signatures needed to put an initiative on the ballot next year to establish a single-payer universal health care system in the state. ...

If approved, the new system would create a state health care cooperative financed entirely by tax revenue. It would replace or at least significantly marginalize the private insurance industry in Colorado and scrap the state insurance exchange set up by the Patient Protection and Affordable Care Act.

If passed, the new system would be financed by a 10 percent payroll tax hike, which would raise an estimated $25 billion. That is more than double all of the revenue currently flowing into the state’s general fund, according to an analysis by KUSA, the Denver NBC affiliate.

The station also found the tax would amount to

$26 out of every bi-weekly paycheck for a worker making $20,000 a year;

$64 for one making $50,000 a year and

$192 for one making $150,000 a year. ...
The 540,000 signups were just for the FIRST week. It's not for whole enrollment period. If you are not challenged by a column graph, read the projections made by the Congressional Budget Office in Table 3. The projection for the end of 2018 there will be 39 million more U.S. citizens under age 65 insured because of the ACA. This is a combination of people getting a subsidy on the government exchanges and the expanded Medicaid. These projections are from March 2012. No one projected that there would 40 million more insured by the end 2015. The percentage insured increases from 82% to 93%. Where are you getting your information from? The CBO scores all of the federal government spending. One more time, the Federal Government DOES NOT control which doctors are in which health insurance companies networks, the health insurance companies do.

http://www.cbo.gov/sites/default/fil...0Estimates.pdf Originally Posted by flghtr65

frightr00, you got some splaining to do... http://news.investors.com/politics-o...ss-hardest.htm


ObamaCare's Brutal Individual Mandate Test Begins


BY JED GRAHAM, INVESTOR'S BUSINESS DAILY
11/06/2015 08:02 AM ET

The just-started enrollment period for ObamaCare exchange plans in 2016 is likely to yield one of two dismal outcomes. In the first, enrollment soars as people sign up in droves for the cheapest plan available to avoid the individual mandate tax penalty, whose minimum bite will spike from $325 to $695.

Although the law's strongest backers might celebrate this, it's not clear why: Millions of modest-income individuals who opt for bronze would get policies with deductibles as high as $6,850. Yet the Obama administration's own analysis reveals that among those still uninsured, 80% have less than $1,000 in savings.

Thus, landing in the hospital could torpedo the finances of many who buy bronze plans — exactly what ObamaCare was supposed to fix.




The second scenario, in which enrollment sees only modest growth, as the Department of Health and Human Services projects, is even bleaker.

Penalty Better Than 'Coverage'?

HHS says that most exchange enrollees will be able to get coverage for no more than $900, meaning that it won't cost much more than the mandate penalty and for many it will cost less.

Why would people spurn coverage if the alternative is throwing out a nearly equal sum of cash? The jarring message would be that people are simply too stretched to pay that much for insurance — especially for a very-high-deductible plan. If the government is going to collect from them at tax time in 2017, they'll worry about it then.

It's hard to imagine that the Democratic Party, which rails against income inequality, is prepared to tax away about 3% of pre-tax income from modest-wage earners unless they buy coverage which may be of little use to them.

Consider the options for single 27-year-olds earning $24,000 a year, or just over 200% of the poverty level, who live in St. Louis.

The cheapest coverage available is the lowest-cost bronze plan from Coventry, a division of Aetna (NYSE:AET), for $960. But 4% of income for someone of modest means is a lot to spend for a plan that won't cover much before the $6,850 deductible is met.

Keep in mind that after-subsidy premiums in St. Louis are close to the national average. A 27-year-old in Miami earning $24,000 would have to pay nearly $1,300 for the cheapest bronze plan from Ambetter, which is affiliated with Centene (NYSE:CNC).

ObamaCare also offers a catastrophic option, supposedly to make coverage more affordable for so-called young invincibles in their 20s. But the cheapest catastrophic plan in St. Louis, from Anthem (NYSE:ANTM), would cost a 27-year-old just under $2,500.



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LexusLover's Avatar
What the proponents of ObaminableCare never grasped or chose to ignore, the PAINS and PENALTIES of the "health care bailout" were systematically kicked down the road beyond their MASTER'S re-election bid, so that he would make sure to get four more years of government assistance along with his extended family with plenty of paid vacations and relaxation, not to mention "in-calls" of entertainment at the "rental property" at 1600 Pennsylvania Avenue!

2016 and 2017 ... will be the "hangover" years!

The buck stops NOW, but will be on someone else's desk!
Yssup Rider's Avatar
Great time stamp, LLephantMan! No wonder you're always so grumpy. You stay awake all night thrashing the bed and gnashing your gums!

All your stories of gloom and doom point toward is the single payer system that most of the world uses successfully in providing its citizens with the right to health care. That's what we can read between the lines of your anger, hysterical tantrums...

Of course, you've been on the single payer system since before I was born, right, LLephantMan?

LMAO @ the undead dipshit