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Started By
Message
Trump signs EO on health association rules
Posted on 10/12/17 at 10:54 am
Posted on 10/12/17 at 10:54 am
LINK
Rand is certainly happy. Hopefully it provides substantially more freedom for people's health choices.
Rand is certainly happy. Hopefully it provides substantially more freedom for people's health choices.
14
Posted on 10/12/17 at 10:55 am to HailHailtoMichigan!
M A G A
A
G
A
Let's all enjoy the melt
A
G
A
Let's all enjoy the melt
Posted on 10/12/17 at 10:55 am to HailHailtoMichigan!
In before ATL
Posted on 10/12/17 at 10:56 am to HailHailtoMichigan!
Someone give me the cliffs on what this means.
Posted on 10/12/17 at 10:57 am to bamarep
Something something something rip healthcare from 20 million!
Posted on 10/12/17 at 10:58 am to Blizzard of Chizz
quote:
Someone give me the cliffs on what this means.
Without seeing the substance of what was actually signed, it was creating an avenue for individuals to join association plans which are exempt from many state and federal regulations because of the way they are organized. These plans don't have to offer some of the garbage that makes exchange plans expensive and they are cheaper often with better coverage options. These products are also able to be sold over state lines because of their exemption.
This post was edited on 10/12/17 at 11:01 am
Posted on 10/12/17 at 10:59 am to HailHailtoMichigan!
That a-hole Trump giving us all more choices for our healthcare
Impeach him now!
Impeach him now!
Posted on 10/12/17 at 10:59 am to HailHailtoMichigan!
I guess it's a start
I don't really like doing it through EOs though
I don't really like doing it through EOs though
Posted on 10/12/17 at 11:01 am to HailHailtoMichigan!
These should be a good exercise on free markets but they will need a few years to figure it out on the fully insured side. If they are self-insured the association members will be able to mitigate risk charges and premium taxes. That can be a saving of 6% or so over fully insured.
The number one problem on the fully insured side will be the lack of data to assign the appropriate amount of risk in order to produce accurate and sustainable rates for the association. With no data, there's no way to underwrite really. Insurers won't be exited about that.
The insurers will have to use "book rates" and add a multiplier to account for the unknown. That alone should make the rates higher than the market. Market being employer rates.
I have some other questions and concerns about this but it will be interesting to see how this shakes out. I'll be reading about this more as more details come out.
In the beginning, I think you'll see them come out as self-insured and then more companies will figure out how to compete on the fully insured side.
The number one problem on the fully insured side will be the lack of data to assign the appropriate amount of risk in order to produce accurate and sustainable rates for the association. With no data, there's no way to underwrite really. Insurers won't be exited about that.
The insurers will have to use "book rates" and add a multiplier to account for the unknown. That alone should make the rates higher than the market. Market being employer rates.
I have some other questions and concerns about this but it will be interesting to see how this shakes out. I'll be reading about this more as more details come out.
In the beginning, I think you'll see them come out as self-insured and then more companies will figure out how to compete on the fully insured side.
Posted on 10/12/17 at 11:02 am to bamarep
Bamatool will be weeping in his pumpkin spice latte.
Posted on 10/12/17 at 11:07 am to Salmon
quote:
I don't really like doing it through EOs though
Have to or McCain and his clique will vote "no" just because he's not done pouting.
Posted on 10/12/17 at 11:11 am to HailHailtoMichigan!
I believe Rand can generally be counted upon as an intelligent voice on things Healthcare. If this was his work, it likely has some thought behind it.
This post was edited on 10/12/17 at 11:13 am
Posted on 10/12/17 at 11:14 am to HailHailtoMichigan!
How long until someone, somewhere sues for an injunction?
Posted on 10/12/17 at 11:15 am to TigerFanatic99
Those documents were ready and waiting.
It's part of #resist.
It's part of #resist.
Posted on 10/12/17 at 11:17 am to Salmon
quote:
I guess it's a start
I don't really like doing it through EOs though
Had to unfortunately. Members of Congress are too busy trying to protect their turf and pussy footing around.
Posted on 10/12/17 at 11:17 am to Salmon
quote:write your congressman and senator and complain
I guess it's a start
I don't really like doing it through EOs though
Posted on 10/12/17 at 11:19 am to Blizzard of Chizz
quote:
Someone give me the cliffs on what this means.
The fatal wound to a dying man.
Obamacare is collapsing of its own illogic, but this act will cause it to bleed out!
People can escape the Obamacare mess by joining medical associations that operate like pre-Obamacare insurance. They can pick the plan that best suits their needs and saves money. Very hard for DNC/MSM Political Complex to successfully fight that!
But it takes money away from the Obamacare free shite and subsidies.
Obamacare overcharging for insurance is bypassed and this counts as insurance so the penalty/tax goes away. The exchanges loose their slush funds but still must give the free shite away! To quote Joe Biden, "This is a big f--king deal". This transforms Obamacare from an "insurance" to an entitlement funded by the general budget.
If it survives SCOTUS, we go back to the old system voluntarily, and expose the costs of the entitlement to normal budgetary processes.
Trump you magnificent orange SOB!
MAGA
Posted on 10/12/17 at 11:20 am to TigerB8
quote:
Have to or McCain and his clique will vote "no" just because he's not done pouting.
Not that you are wrong, but didn't he just rescind the DACA EO on the grounds that it was over reach by Obama. How is trying to fix healthcare in the same manner any different?
Posted on 10/12/17 at 11:24 am to 9th life
quote:
Not that you are wrong, but didn't he just rescind the DACA EO on the grounds that it was over reach by Obama. How is trying to fix healthcare in the same manner any different?
It is only the same if it is an overreach. Do you have any evidence supporting this being an overreach?
Posted on 10/12/17 at 11:29 am to HailHailtoMichigan!
Atl's tears taste so sweet
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