Jump to content

More Than 1 Million to Lose Healthcare Ins in 2017 Companies Flee ACA


Recommended Posts

What a shit bomb. Democrats are going to get demolished on Nov 8th.

 

More Than 1 Million Will Lose Healthcare Insurance in 2017 as Companies Flee Obamacare

 

A review of the Affordable Care Act, often called Obamacare, reveals that 1.4 million Americans will lose their healthcare insurance as a growing number of insurance companies flee Obamacare or otherwise make major changes in coverage due to the problems endemic in the law.

Starting next year, a large number of Americans may find their plans dropped and canceled or their coverage dwindling as insurance companies find costs soaring under President Obama’s signature Obamacare.

Plans across 32 states are set to be either dropped or materially overhauled staring next year, Bloomberg reported.

The crisis emerged as insurers found costs soaring due to the provisions of Obamacare, rules that have caused many companies to abandon the exchanges altogether. The most recent insurers to quit Obamacare were Aetna and UnitedHealth Group, both which announced they were abandoning Obamacare this year.

Aetna, for instance, announced it had lost $300 million in 2015 alone.

Aetna CEO Mark Bertolini also pointedly noted that Obamacare lacks honesty in how customers are informed about the way insurance really works.

The massive changes will cause costs to rise up to fifty percent next year for those who have not lost their plans, and will also likely leave customers with fewer plans to choose from at costs that are much higher than they currently are. In addition, many doctors and hospitals will no longer be included in the networks for the lower-end plans.

The losses will mostly affect individuals who have purchased their insurance plans through the Obamacare exchanges, instead of receiving their coverage from their employers.

According to its review, Bloomberg found that nearly 100,000 customers per state will lose insurance in Pennsylvania, Illinois, and Tennessee. Closer to 300,000 in North Carolina will lose coverage, and more than 400,000 will be dumped from plans in Florida.

The warnings that Obamacare is on the verge of collapse have been sounding for several years. A recent Kaiser Family Foundation study on Obamacare was released that was such bad news for Obamacare it brought the Trump campaign to call it “another extraordinary indictment of Obamacare.”

Link to comment
Share on other sites

DOES ANYONE BELIEVE THAT THE MEDICAL INSURANCE INDUSTRY WILL REDUCE RATES? THIS INDUSTRY IS RESPONSIBLE FOR THE RATE INCREASES.

 

THIS INDUSTRY HAS TOO MANY CEO'S,TOO MANY GOLDEN PARACHUTES AND DONATES WAY TOO MUCH MONEY TO POLITICAL CAMPAIGNS WHICH IS MISUSE OF HEALTH CARE DOLLARS.

 

WAKE UP CONSUMERS YOU ARE GETTING DUPED BY THE INDUSTRY AND THEIR POLITICIANS!

Link to comment
Share on other sites

Those insurance companies can run but they can't hide. Hillary will grab them by their scrawny little necks and drag their greedy asses back into line. THEY ARE NOT GOING ANYWHERE. They WILL provide health care for everyone they are instructed to. The same way lawyers are obligated to represent the indigent, a similar system will be put in place for insurance companies and health care providers - or else!

Link to comment
Share on other sites

Fail. Far far right tea bagger sites. Same type of hit job sites that has been making up lies on theClinton's for decades

Jesus Christ you can't even rent a clue.

Link to comment
Share on other sites

Lobbyists find a variety ways to funnel donations to the campaign... it is no secret. The Clinton ties to the health industry have been around

for years. Perhaps that is why single payer will never see daylight under Clinton or Trump.

 

 

To Potter that attitude has a sad logic. The healthcare industry generates enormous profits and its top executives have a lavish corporate lifestyle that he once shared. Treating patients for their expensive conditions is bad for business as it reduces the bottom line. Kicking out patients who pursue claims makes perfect economic sense. "It is a system that is rigged against the policyholder," Potter said. The congressional probe found that just three firms had rescinded more than 20,000 policyholders between 2003 and 2007, saving hundreds of millions. "That's a lot of money that will now go towards their profits," Potter said.

A lot of that money also goes into contributions to politicians of both parties - $372m in the past nine years - and in lobbying groups to run TV ads slamming Obama's plans. Many of these ads deploy naked scare tactics. One report said that the industry was spending $1.4m a day on its campaign. In the face of that, it is perhaps no wonder that the Senate has delayed its vote, dealing a massive blow to Obama. "I have seen how the opponents of healthcare reform go to work... they are trying to delay action. They know that if they keep the process going for months, and turn it into a big mess, then the political impetus behind it will lessen," Potter said.

 

Potter, who now works at the Centre for Media and Democracy in Wisconsin, says the industry is afraid of Obama's reforms and that is why it is fighting so hard. It wants to deal him the same blow as it did Bill Clinton when it scuppered his attempt at reform in the 1990s. Potter admits that he is worried the industry might win again. "I have seen their tactics work. I have been a part of it," he said. He knows he has no chance of ever working again for a major firm. "I am a whistleblower and corporate America does not tend to like that," he said. But there is one thing Potter is not sorry about: leaving the healthcare industry and speaking out. "I have absolutely no regrets. I am doing the right thing," he said.

 

https://www.theguardian.com/world/2009/jul/26/us-healthcare-obama-barack-change

 

http://www.washingtonpost.com/wp-dyn/content/article/2009/07/05/AR2009070502770.html

Link to comment
Share on other sites

I'll fix your flat tire Merrill.

Probably don't know the song.

You also don't have any political sense.

Trump's sex scandals is blocking the sun on everything and anything else.

This whole political season has culminated with Trump's spectacular flameout.

He's circling the drain.

Hillary's smiling.

She's even taking measurements for the Oval Office curtains.

 

Keep posting...whatever makes you feel good.

Link to comment
Share on other sites

WHY DO REPUBLICANS AND DEMOCRATS REFUSE TO ALLOW ALL PRESIDENTIAL CANDIDATES IN THE DEBATE?

WHY DOES MAINSTREAM MEDIA PARTICIPATE IN THIS ASSAULT ON DEMOCRACY AND THE FAIR VOTE?

VOTE JILL STEIN IN THE NAME OF AMERICA,ECONOMIC GROWTH AND MILLIONS OF NEW JOBS FOR AMERICANS IN AMERICA !!!

if there is so much criminal history on donald trump why hasn't he been prosecuted?

Is there reason this had to wait until a he became a candidate for president?

What about Bill Clinton?

What about Hillary authorizing snooping into congressional emails? another Watergate?

What about Benghazi?

What about Debbie Wasserman Shultz?

How did any of these individuals become important political figures?

VOTE JILL STEIN THE SMART VOTE

Link to comment
Share on other sites

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

×
×
  • Create New...