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re: Thomas Gallatin: Obama Doubled Your Healthcare Premium

Posted on 5/26/17 at 7:07 pm to
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123945 posts
Posted on 5/26/17 at 7:07 pm to
quote:

It is important context though.
Correct! In light of huge deficits and a gargantuan debt, overall cost is extremely important context.
quote:

It becomes disingenuous to say everyone on the exchanges had much higher premiums, leaving out how subsidies insulate people from those increases.
As disingenuous as Gruber/Obama/Pelosi/Reid were in selling the loser program at its outset?
Posted by bonhoeffer45
Member since Jul 2016
4367 posts
Posted on 5/26/17 at 7:14 pm to
quote:

I wonder why. Please don't be so dense.



Because they lack the leverage the government has in negotiations. They also have lower administration costs.

You can try and argue we should be paying what the private reimbursement rate over the Medicaid rates in all areas, but to do so intrinsically admits that private insurance is going to be more expensive.

This is the catch-22 I was speaking about. You can't simultaneously argue the private market delivers a cheaper consumer product when they pay more in administration and pay more for all the goods and services in it. The math just doesn't add up.

Posted by bonhoeffer45
Member since Jul 2016
4367 posts
Posted on 5/26/17 at 7:15 pm to
quote:

Correct! In light of huge deficits and a gargantuan debt, overall cost is extremely important context.



I don't see you screaming about Trump's budget proposal and grotesque math error, anywhere if debt is such an imminent concern of yours?



This post was edited on 5/26/17 at 7:19 pm
Posted by bonhoeffer45
Member since Jul 2016
4367 posts
Posted on 5/26/17 at 7:16 pm to
quote:

im currently uninsured..

by choice.

just doing my part to bring the shite system down.



I remember you, you were the one telling me about how you commit tax fraud
Posted by bonhoeffer45
Member since Jul 2016
4367 posts
Posted on 5/26/17 at 7:18 pm to
quote:

wrong. its disingenuous to include the subsidies in the prices. because its a lie. if the price before a subsidy is 100 a month, the price isnt 60 because 40 of it was paid by someone else. the price is still 100. by saying anything but the FULL price is, in itself, willful deception.



It's not an either or argument. Just presenting one side and not the other is providing incomplete context in both situations.
Posted by beerJeep
Louisiana
Member since Nov 2016
35047 posts
Posted on 5/26/17 at 7:21 pm to
quote:

e the one telling me about how you commit tax fraud




que? our families CPA does my taxes.... soooooo
This post was edited on 5/26/17 at 7:23 pm
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123945 posts
Posted on 5/26/17 at 7:34 pm to
quote:

grotesque math error
Do tell.

Just please no reference to the recent Pocahontas/Summers' embarrassment
Posted by bonhoeffer45
Member since Jul 2016
4367 posts
Posted on 5/26/17 at 7:53 pm to
quote:

Do tell.

Just please no reference to the recent Pocahontas/Summers' embarrassment



Don't know what you are referring to, but you don't need any of that. Just simple addition and subtraction skills, basic accounting knowledge, and some logic.

They used their farcical 2 trillion dollar revenue projection twice, once to pay for tax cuts, and then again to help balance the budget.

It doesn't work that way.

Within that framework they do things that don't add up, like claim to end estate taxation completely in the tax plan.....Yet gain 300 billion in estate tax revenue in their budget projection???? Huh?

I don't care how drunk the Laffer wine got you, a 0% tax rate on a certain item can not generate any tax revenue from that item. Just not possible. Pick whatever number you want and times it by 0 and the result is, your guessed it, zero.

And despite that the budget STILL couldn't get the thing to balance over a decade.

Which is in part why it is DOA even with Republican control of the legislature.

This post was edited on 5/26/17 at 8:05 pm
Posted by larry289
Holiday Island, AR
Member since Nov 2009
3858 posts
Posted on 5/26/17 at 7:56 pm to
quote:

Also, dont forget, it was a gross overstep of the US government to force people to buy a private product.

AARP really did a sales job on their members on this one. POS organization.
Posted by bonhoeffer45
Member since Jul 2016
4367 posts
Posted on 5/26/17 at 7:57 pm to
quote:

que? our families CPA does my taxes.... soooooo




I actually apologize on this one.

I confused you with a different poster on this.
Posted by beerJeep
Louisiana
Member since Nov 2016
35047 posts
Posted on 5/26/17 at 8:27 pm to
quote:

actually apologize on this one. I confused you with a different poster on this.


all good. How far back in my post history did you go to realize that though?

I haven't done my own taxes a single time in my life. I couldn't even begin to tell you how. I just drop off what my grandpa tells me to and he gives it to our guy. So I knew instantly you weren't talking about me
Posted by bonhoeffer45
Member since Jul 2016
4367 posts
Posted on 5/26/17 at 8:31 pm to
quote:

all good. How far back in my post history did you go to realize that though?



Not really at all lol.

I had barely started posting and bookmarked the conversation because it was so outlandish and crazy.

Actually it is the only bookmark I even have.

Posted by Mephistopheles
Member since Aug 2007
8328 posts
Posted on 5/26/17 at 8:37 pm to
Wait so to get the Obama doubled it figure he simply compared the 2013 and 2017 costs?

As in, he expected no inflation in that time? He didn't use a baseline of expected price rise without the ACA?

I need the rolling on the floor emoji.
Posted by SlapahoeTribe
Tiger Nation
Member since Jul 2012
12104 posts
Posted on 5/26/17 at 8:52 pm to
Oh, how I wish mine had only doubled.
Posted by Taxing Authority
Houston
Member since Feb 2010
57296 posts
Posted on 5/26/17 at 8:58 pm to
quote:

It becomes disingenuous to say everyone on the exchanges had much higher premiums, leaving out how subsidies insulate people from those increases.
It's even more disingenuous to count those subsidies as "savings" on medical care costs. You're leaving out how subsidies are paid for by other people.
Posted by bonhoeffer45
Member since Jul 2016
4367 posts
Posted on 5/26/17 at 9:04 pm to
quote:

It's even more disingenuous to count those subsidies as "savings" on medical care costs. You're leaving out how subsidies are paid for by other people.




Quit being intentionally dumb.

The point made twice now is that the full context of exchange premiums is important. What a person's out-of-pocket costs actually are pre and post-subsidy, and the total unsubsidized premium costs. Ignoring one or the other easily lends itself misinformation without prior knowledge.

My point even earlier has been that the ACA did very little to address ever increasing prices in the system. It attempted to change the way Medicare reimburses people. Put more emphasis on qualitative measures. But it has not been nearly enough to make a big dent. The AHCA does nothing to improve this though.








Posted by roadGator
Member since Feb 2009
140565 posts
Posted on 5/26/17 at 9:08 pm to
How much more tax money do you need to make your version of hc reform work?

Posted by the808bass
The Lou
Member since Oct 2012
111546 posts
Posted on 5/26/17 at 9:23 pm to
quote:

No, not at all. I remember posting several links that showed through empirical data and a Supreme Court ruling that caps often do not lead to a meaningful reduction in tort insurance. In fact in Florida, the insurers held onto the savings and turned it into 4300% profit over the time period studied while tort insurance remained sky high.


You may want to go back to that thread. I posted actual rates for Missouri docs, pre and post reform.
Posted by Taxing Authority
Houston
Member since Feb 2010
57296 posts
Posted on 5/26/17 at 9:42 pm to
quote:

Quit being intentionally dumb.
is that what you think that was?

quote:

The point made twice now is that the full context of exchange premiums is important. What a person's out-of-pocket costs actually are pre and post-subsidy, and the total unsubsidized premium costs. Ignoring one or the other easily lends itself misinformation without prior knowledge.
Nope. One is a portion of the price. The other is the entirety of the cost. If were measuring cost, measuring a portion of it isn't "context".

quote:

My point even earlier has been that the ACA did very little to address ever increasing prices in the system.
No disagreement from me on that.

quote:

The AHCA does nothing to improve this though.
Nothing will. You can't give away massive amounts of a product or service and simultaneously make it "cheap" for those that pay for it.
Posted by bonhoeffer45
Member since Jul 2016
4367 posts
Posted on 5/26/17 at 9:45 pm to
quote:

You may want to go back to that thread. I posted actual rates for Missouri docs, pre and post reform.



Key part of my sentence there.

quote:

often do not lead to a meaningful reduction


Feel free to post them again, but it isn't really going to change the the discussion much.
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