ppaca wrote:Just because I post a link does not mean I necessarily believe it. As someone said in another thread I believe the number's are hard to track and not exactly accurate. There are too many variable's, on exchange vs off exchange, medicaid vs nothing. Then there are small pockets in the U.S. that did indeed lose the plans they were currently on. Then there will be a few that never pay and the ones that will drop mid year for one reason or another. I doubt it is as many as news outlet's report, because when Obama said the insurance company's could keep the plans that weren't compliant most states OIR's and insurance company's went along with it and did not cancel policy's. But some of that is still coming and you will start hearing more of it as this year go along.
Most that bought and were effective Oct 1 - Dec 31st 2013 indeed will be cancelled throughout this year. Most plans that were very basic to begin with that were sold in the past few years will also be cancelled. When non calendar year anniversary dates come around this summer the rate increases will be high (on older plans) and will qualify for special enrollment's and may receive a subsidy and change plans.
I think to say this is a success is too early based on what the white house or any news organization puts out. If it is to be a success it will show during tax season 2015 when everyone's subsidy will be reconciled against their modified adjusted gross income. I know quite a few people stretched the truth to obtain the advanced premium tax credit. The smart ones (if they could have afforded it) should have bypassed the subsidy altogether, bought off exchange and then when doing taxes next year if they would have received a subsidy this year would have received it in their tax return.
I do think (could be wrong) that the republican's will tear this up during their campaigning by promising to repeal it and win the senate, but they never will repeal it even after winning, but rather change parts of it.
But remember, if you are going to post inaccurate article's you leave the door open for everyone to post them. Not saying the white house is inaccurate, but I can't believe anyone really knows.
That's a fair assessment.
One thing that I know for a fact that hospitals do is they measure the number of uninsured. Thy have systems in place for that because before there was a tax break due to that, or something. Anyway they measure it. I know because as a manager of a department would sit on boards that dealt with finances of the hospital and every month we were given a report that stated that. At the time of my leaving that number was about 10% uninsured where I was at. I bet its higher now.
Anyway, hospitals will know the truth, they already know the truth.
One thing I noticed in a article I was reading not long ago, some state ER's were complaining because with all the new Medicaid the ER's were over run with patients.
And like you mentioned, people now the truth. They know if their ins got canceled and they were forced to become a Obama stat. They know how much their insurance has gone up, as I do.
insurance salesmen such as yourself know how you all got screwed, health industry knows how it got screwed.
Yeah, we all know. Although lately its just not a big arguing issue for me, its here and we have to deal with it. I've been extremely swamped at work because our plan is to grow. And we just bought 7 other offices. small places will go away in this economy in favor of the big ones, I said this way back in the beginning this would happen, and it IS happening.
But as I said on the other thread, seriously if it did work, it would benefit me because I'm an expert at running a lean lab. So more paying customers would be great. That is how they hooked the health industry to begin with when they got them to back it. Same premise they used to hook the ins industry. neither which have panned out.
Whats all that mean? Sure lieberals. Go ahead, run on obamacare, I dare you lol
And you are absolutely correct when you say we wont repeal major parts of it. They could repeal the payments to states that expanded Medicaid, leaving the states holding the bag more so than they already will be in 3 years so other states are not paying for it.
They could initiate a pocket of special ins plans only available to a few select individuals who have life threatening needs. A pool per state. Therefore taking the risk out of the regular pool of payers so insurance rates could go back down.
There are other things that could happen. but these two things would be significant. there are a lot of regulations that need to be looked at and possibly some payment adjustments. < I don't see them going back on that, they are conservatives after all, but they could devise a less draconian compromise.
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