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re: Graham-Cassidy: How will it help lower my health insurance costs that Obama drove up 400%?

Posted on 9/19/17 at 12:31 pm to
Posted by frogtown
Member since Aug 2017
5003 posts
Posted on 9/19/17 at 12:31 pm to
quote:

My parent company took a huge loss on Obamacare. Many carriers did. Many bailed out altogether.



Correct me if I am wrong (i am not in the insurance biz)...they are bailing on the "individual market" policies not the "employer based" policies. All policies whether employer based or individual market must abide by the EHB mandate.
Posted by frogtown
Member since Aug 2017
5003 posts
Posted on 9/19/17 at 12:43 pm to
quote:

I thought most insurers were pulling out of Obamacare?


49% have employer based insurance, 35% get Medicaid/Medicare, 9% are uninsured, 7% get insurance via the "individual market"(why the Obamacare exchanges were created). The individual market is where you go if can't get employer based insurance or don't qualify for Medicare/Medicaid.

The individual market is what is imploding. Too many sick/elderly in the pool. Not enough young buying in. Insurers are losing money here and pulling out. They can't charge enough to make a profit. Premiums , if you don't get a subsidy, are out of control. This is where the 300-400% increases since 2014 have occurred.
Posted by roadGator
Member since Feb 2009
140098 posts
Posted on 9/19/17 at 12:57 pm to
The are exiting from the ACA Marketplace plans. That's where they were taking the heaviest losses.
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73432 posts
Posted on 9/19/17 at 1:01 pm to
Here let the rising star of the Dem Party explain it to you.

It means that insurance companies can go back to charging seniors an age tax, and charging more to anyone who has a pre-existing condition.
It means gutting Medicaid, which will affect the benefits for millions – people with disabilities, seniors & sick children.
And, it means defunding Planned Parenthood.
All that means we’ve got to stop this thing.

— Kamala Harris (@SenKamalaHarris) September 19, 2017
Posted by roadGator
Member since Feb 2009
140098 posts
Posted on 9/19/17 at 1:04 pm to
quote:

insurance companies can go back to charging seniors an age tax and charging more to anyone who has a pre-existing condition.


Why didn't she mention that young people will receive premium decreases?

Why did she call age-appropriate rates a tax?

The narrative these people come up with is sickening.
Posted by Knight of Old
New Hampshire
Member since Jul 2007
10970 posts
Posted on 9/19/17 at 1:56 pm to
All I know it that Schumer is saying the bill is full of "meaness" and that a parent with a child who gets cancer or one that needs treatment for opiod addiction will have to tell them, 'Sorry, little Suzie' or 'Sorry Bobby...Bobby?' or that we should all wait for the CBO score.

And the kicker he offers is that if this goes through, no more bipartisanship.

All that sounds to me like so much substance avoiding horse shite...
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