Obamacare - 1st Payment Premium Payment Due 1/10/14

flghtr65's Avatar
For all those who are worried about how many of the 2 million Obamacare accounts have paid their 1st premium, the 1st premium is not due until 1/10/14.

For JD, Aetna was willing to restore their cancelled policies, they didn't think they would have enough time. Also most Americans will not have to pay more for a new plan. From the link.

That's not to say that the replacement insurance will necessarily cost more, though. Families USA, a proponent of the Affordable Care Act, conducted a study that found most Americans losing their current health insurance plans won't pay more for a new plan, thanks in large part to federal subsidies.

http://www.fool.com/investing/genera...obamacare.aspx
Yssup Rider's Avatar
I paid mine in December.
CuteOldGuy's Avatar
For all those who are worried about how many of the 2 million Obamacare accounts have paid their 1st premium, the 1st premium is not due until 1/10/14.

For JD, Aetna was willing to restore their cancelled policies, they didn't think they would have enough time. Also most Americans will not have to pay more for a new plan. From the link.

That's not to say that the replacement insurance will necessarily cost more, though. Families USA, a proponent of the Affordable Care Act, conducted a study that found most Americans losing their current health insurance plans won't pay more for a new plan, thanks in large part to federal subsidies.

http://www.fool.com/investing/genera...obamacare.aspx Originally Posted by flghtr65
So the new plans DO cost more, it's just that I, and many others are paying for it. This is better than before how?
WTF's Avatar
  • WTF
  • 01-07-2014, 10:46 PM
So the new plans DO cost more, it's just that I, and many others are paying for it. This is better than before how? Originally Posted by CuteOldGuy
Everything cost more each and every year, it is called inflation. God damn insurance on my house and car went up...is that Obama's fault? God some of you fuckers logic is wack.
flghtr65's Avatar
So the new plans DO cost more, it's just that I, and many others are paying for it. This is better than before how? Originally Posted by CuteOldGuy
The ACA will insure 25 million more people. This will increase the total percentage of citizens with health insurance to 91%.
CuteOldGuy's Avatar
Neither Fluffy nor WPF understood my point. Not surprising. They can barely generate 6 brain cells between them.

The policies in question may or may not cost the consumer more, because the taxpayers are picking up the balance. That means the real premiums are HIGHER!

Assuming Fluffy is right (I know! Lol!) that means more people are being covered, at higher prices. If that is the case, why aren't medical providers making more?

Hmmm . . . More money to insurance companies, less to medical service providers. So who is making all the money? Uh oh.

Ah. Crony capitalism at its finest! A windfall to Big Business, courtesy of President Barack Obama! Big Business' BFF!

You people are morons. One more time. Obama does not give a DAMN about you!
JD Barleycorn's Avatar
For all those who are worried about how many of the 2 million Obamacare accounts have paid their 1st premium, the 1st premium is not due until 1/10/14.

For JD, Aetna was willing to restore their cancelled policies, they didn't think they would have enough time. Also most Americans will not have to pay more for a new plan. From the link.

That's not to say that the replacement insurance will necessarily cost more, though. Families USA, a proponent of the Affordable Care Act, conducted a study that found most Americans losing their current health insurance plans won't pay more for a new plan, thanks in large part to federal subsidies.

http://www.fool.com/investing/genera...obamacare.aspx Originally Posted by flghtr65
The payments are DUE on January 10th but you can pay earlier and that is what we have been asking, how many have paid to date for their Obamacare coverage? Don't know? Neither do we but we should. I'm not sure why you singled me out for the Aetna thing but there is more than one insurance company involved. How about the rest of them? Or for that, why did they feel that they had to cancel any policies at all? Obamacare.
Yes, the subsidies. A lot of people who thought that they would get one are not. Unless you work for a Congressman. They are all getting subsidies.
JD Barleycorn's Avatar
The ACA will insure 25 million more people. This will increase the total percentage of citizens with health insurance to 91%. Originally Posted by flghtr65
Care to tell us where this "fact" (see wet dream) came from? A reliable source, not the White House.
flghtr65's Avatar

The policies in question may or may not cost the consumer more, because the taxpayers are picking up the balance. That means the real premiums are HIGHER!

Assuming Fluffy is right (I know! Lol!) that means more people are being covered, at higher prices. If that is the case, why aren't medical providers making more?

Hmmm . . . More money to insurance companies, less to medical service providers. So who is making all the money? Uh oh.
Originally Posted by CuteOldGuy
COF, you are completely ignorant of basic insurance underwriting, probability and risk concepts. In the individual market the health insurance companies(Atena, Wellpoint, BSBC, Humana and others) have to take on more risk. They can't deny coverage to people with pre-existing conditions. Before the ACA they could and they did. See the link below. The people with pre-existing conditions are going to be submitting claims sooner rather than later. In the mind of the underwriter, people with pre-existing conditions are already sick. The health insurance companies are just hoping to break even in the individual market. The whole point of the ACA is to get more people insured, not make the health insurance companies richer. Why is United Health Care not selling policies on government exchanges? Because they don't want to take the risk of insuring high risk people. Just how does a medical service provider make money when they have to care for some one who is not insured. Reagan put the rule in the 80's that emergency rooms can't refuse to treat someone who is not insured. Go back and read the first link. There is one analyst who thinks Wellpoint is going to lose 230 million dollars selling policies on the government exchanges. Everything depends on how many low risk people get a health insurance policy on the government exchanges.

Here is an example of a person with a pre-existing condition (cancer) who was constantly denied health insurance before the ACA.

http://www.cnn.com/2013/11/21/opinio...iref=allsearch
flghtr65's Avatar
Care to tell us where this "fact" (see wet dream) came from? A reliable source, not the White House. Originally Posted by JD Barleycorn
According to this link the ACA will insure 32 million more people by the end of 2019. See under Public Policy - Change in the number of uninsured.

Public policy

Change in number of uninsured

See also: Health insurance coverage in the United States
The ACA has two primary mechanisms for increasing insurance coverage: expanding Medicaid eligibility to include individuals within 138% of the federal poverty level,[43] and creating state-based insurance exchanges where individuals and small business can buy health insurance plans—those individuals with incomes between 100% and 400% of the federal poverty level will be eligible for subsidies to do so.[38][30] The CBO originally estimated that the legislation will reduce the number of uninsured residents by 32 million, leaving 23 million uninsured residents in 2019 after the bill's provisions have all taken effect.[121][122][123] With the elderly covered by Medicare, the CBO estimate projected that the law would raise the proportion of insured non-elderly citizens from 83% to 94%.[121] A July 2012 CBO estimate raised the expected number of uninsured by 3 million, reflecting the successful legal challenge to the ACA's expansion of Medicaid.[124][125]
Among the people who will remain uninsured:

http://en.wikipedia.org/wiki/Patient...dable_Care_Act
JD Barleycorn's Avatar
So that "fact" is just a proposed milestone from the same people who said that you could keep your doctor and plan if you liked them. Right....
Yssup Rider's Avatar
Neither Fluffy nor WPF understood my point. Not surprising. They can barely generate 6 brain cells between them.

The policies in question may or may not cost the consumer more, because the taxpayers are picking up the balance. That means the real premiums are HIGHER!

Assuming Fluffy is right (I know! Lol!) that means more people are being covered, at higher prices. If that is the case, why aren't medical providers making more?

Hmmm . . . More money to insurance companies, less to medical service providers. So who is making all the money? Uh oh.

Ah. Crony capitalism at its finest! A windfall to Big Business, courtesy of President Barack Obama! Big Business' BFF!

You people are morons. One more time. Obama does not give a DAMN about you! Originally Posted by CuteOldGuy

SPOKEN LIKE A TRUE DIPSHIT?

In fact, spoken like the Dick Clark of Dipshits!
LovingKayla's Avatar
You know, I've talked to a few providers and they have never even heard of the obamacare mandatory payment stuff. They didn't even know there was anything CALLED obamacare. I'd be willing to bet there are a huge percentage of folks that have no clue this is even happening.
FU_CC's Avatar
  • FU_CC
  • 01-08-2014, 10:07 AM
because it call the "ACA"
LexusLover's Avatar
I paid mine in December. Originally Posted by Yssup Rider
Me too! hahahahahahahahahah

But I have insurance!!!!!