Speakeasy forum: BO retaliation

penalties/increased fees on health insurers who try to sell insurance in the private sector in States that have opted out of setting up exchanges will cause premiums to increase nearly 40% according to the commentator I heard, pushing those insurance companies out of business.

commentators discussing topics they want to be controversal always take the most extreme possibility to throw out.

The goal is to get a response, preferrably a knee jerk one, rather than to inform or make you think.

Neither side wants you to consider, they just want and chorus of AMEN, or HELL NO.

....auto insurance is different than health insurance.

Blue Cross, Blue Shield

I notice they also sell insurance to businesses...I wonder if Obamacare would entice businesses to purchase Blue Cross Blue Shield for their employees.

I guess the insurance business will adapt to Obamacare...Don't worry bout them they'll do OK.

There are only a few private insurance companies approved to administer Medicare and what they offer differs by region. Basically, the government turns over a fixed amount of money to the insurance company someone signs on with. One can go with basic Medicare part A or add part B for a cost starting around 99 bucks a month. The government system can administer those. If one wants additional coverage, they can elect to go with an approved "Medicare Advantage" provider. Medicare turns over some fixed sum to that provider including what one pays for part B. The provider can offer additional coverage for such as dental, vision, hearing and drug coverage. There must be money in it for them or the services wouldn't be offered. There's an open enrollment season that begins sometime in October and ends the first part of December. This is when you see the ad blitz. If you lived in the US and were approaching age 65 or already on Medicare, you'd see your mailbox fill up at this time as well.

aka "supplemental" insurance. Same as Blue Cross, Blue Shield. You aren't seeing advertisements for full health insurance coverage like Cygna and others provide currently through employers.

actual health insurance ads.......but I have seen a number of 'combination' types where an insurance company will advertise that they can offer 'full coverage' as bundles (health, life, auto, home, disability, etc). I think the main reason is because they need to build up their base in order to survive, especially in the wake of massive home loss claims (Katrina, Sandy, tornadoes, etc.)

because of his business acumen, NOW you have a problem with Obama running the Government like a business?

the UN is saying.......thank God for those disasters while we use them towards our world climate change resolutions..........good grief.

Obama is just making it worse for the insurance companies TO survive which is what he intended all along.

WEREN'T taking more from me to pay for patients without insurance....why would they since they weren't obligated to pay for uninsured patients? It was the HOSPITALS that were overcharging on our bills in order to pay for ones who showed up in emergency rooms without insurance. Please keep your logic, even tho it's ill-advised, centered properly. AUTO insurance companies actually DO charge a little more to cover uninsured motorists, however.

And THAT makes a difference to you?...as the person that pays for the insurance?

The bill paid by the insurance company?

The Hospital overcharges the insurance company. Your rates are set by the insurance company. When the insurance company pays more...their clients pay more. YOU pay more. Does it feel better when the insurance company takes your money than when the hospital takes your money?

You don't mind if Peter takes your money...Just as long as Paul doesn't take it?