Affordable Care Act saving taxpayer money at record pace

[Quantum Windbag]

Oh, we agree you deduced? How so? So, you want the government to turn health care back over to Wall Street, so stockholders can put their profits before patients, who are STAKEholders in our health care system. The 'market' has/had TOO much control withOUT government regulation and oversight.

Now, do we still agree???

Hey, genius, please explain why you think market means Wall Street. Is it because you still do not understand the difference between crony capitalism and the free market?

It's because you didn't watch the fucking interview with a 15 year executive with CIGNA who identified WALL STREET. Instead you use idiotic catch phrases like 'crony capitalism' which doesn't apply to the problem. It all has to do with your dogmatic ignorance. You have found 'religion'...you're are a Marketist. No different than a Marxist.

Here is an apology by the same CIGNA executive VP. READ IT, and educate yourself. Shed your fucking ignorance. Become a thinking person, not a fucking parrot!

Wendell Potter: Rally Against Wall Street's Health Care Takeover

I would like to begin by apologizing to all of you for the role I played 15 years ago in cheating you out of a reformed health care system. Had it not been for greedy insurance companies and other special interests, and their army of lobbyists and spin-doctors like I used to be, we wouldn't be here today.

I'm ashamed that I let myself get caught up in deceitful and dishonest PR campaigns that worked so well, hundreds of thousands of our citizens have died, and millions of others have lost their homes and been forced into bankruptcy, so that a very few corporate executives and their Wall Street masters could become obscenely rich.

But it was only during the last few years of my career that I came to realize the full scope of the harm my colleagues and I had caused, and the lengths that insurance companies will go to increase their profits at the expense of working families.

As I told the Senate Commerce Committee two months ago, the higher up the corporate ladder I climbed, the more I could see how insurance companies confuse their customers and dump the sick – all so they can satisfy those Wall Street masters.

I described for the senators how insurers make promises they have no intention of keeping, how they flout regulations designed to protect consumers, and how they make it nearly impossible to understand -- or even to obtain -- information consumers need.

I also told the Committee how the industry has conducted duplicitous and well-financed PR and lobbying campaigns every time Congress has tried to reform our health care system -- and how its current behind-scenes-efforts may well shape reform in a way that benefits Wall Street far more than average Americans.

I noted that, just as the industry did 15 years ago when it led the effort to kill the Clinton reform plan, it is using shills and front groups to spread lies and disinformation to scare Americans away from the very reform that would benefit them most.

Make no mistake, the industry, despite its public assurances to be good-faith partners with the President and Congress, has been at work for years laying the groundwork for devious and often sinister campaigns to manipulate public opinion.

The industry goes to great lengths to keep its involvement in these campaigns hidden from public view. But I know from having served on many trade group committees that industry leaders are always full partners in developing strategies to derail any reform that might interfere with their ability to increase their companies' profits.

Let me try this one more time, Wall Street and Congress are in bed together. Pointing at Wall Street as the problem is no different tan pointing at Congress as the problem. Wall Street is the ultimate symbol of crony capitalism, not the ultimate symbol of the free market. If the government did not support the efforts of the insurance industry to get away with all the things you keep complaining about the undustry would not get away with them.

In other words, you are the problem because you are one of the idiots that keep saying that the problem is something that does not exist and then you demand that the actual problem step in and fix the problem.

 

[LilOlLady]

Actually, I think you are confusing access to health care with health care. I would rather have a system that allows people to pay for extra coverage they want than one that only gives extra coverage to those the state approves of. One is about freedom, the other is about control.

You don't seem to realize that most Americans cannot pay for what they need and what they want is a luxury only the elite can afford.

 

[Quantum Windbag]

You don't seem to realize that most Americans cannot pay for what they need and what they want is a luxury only the elite can afford.

You don't seem to realize that most people cannot afford a Rolls Royce either. Should the government force everyone to buy Kia's because some people can't afford a Rolls?

 

[Bfgrn]

Hey, genius, please explain why you think market means Wall Street. Is it because you still do not understand the difference between crony capitalism and the free market?

It's because you didn't watch the fucking interview with a 15 year executive with CIGNA who identified WALL STREET. Instead you use idiotic catch phrases like 'crony capitalism' which doesn't apply to the problem. It all has to do with your dogmatic ignorance. You have found 'religion'...you're are a Marketist. No different than a Marxist.

Here is an apology by the same CIGNA executive VP. READ IT, and educate yourself. Shed your fucking ignorance. Become a thinking person, not a fucking parrot!

Wendell Potter: Rally Against Wall Street's Health Care Takeover

I would like to begin by apologizing to all of you for the role I played 15 years ago in cheating you out of a reformed health care system. Had it not been for greedy insurance companies and other special interests, and their army of lobbyists and spin-doctors like I used to be, we wouldn't be here today.

I'm ashamed that I let myself get caught up in deceitful and dishonest PR campaigns that worked so well, hundreds of thousands of our citizens have died, and millions of others have lost their homes and been forced into bankruptcy, so that a very few corporate executives and their Wall Street masters could become obscenely rich.

But it was only during the last few years of my career that I came to realize the full scope of the harm my colleagues and I had caused, and the lengths that insurance companies will go to increase their profits at the expense of working families.

As I told the Senate Commerce Committee two months ago, the higher up the corporate ladder I climbed, the more I could see how insurance companies confuse their customers and dump the sick – all so they can satisfy those Wall Street masters.

I described for the senators how insurers make promises they have no intention of keeping, how they flout regulations designed to protect consumers, and how they make it nearly impossible to understand -- or even to obtain -- information consumers need.

I also told the Committee how the industry has conducted duplicitous and well-financed PR and lobbying campaigns every time Congress has tried to reform our health care system -- and how its current behind-scenes-efforts may well shape reform in a way that benefits Wall Street far more than average Americans.

I noted that, just as the industry did 15 years ago when it led the effort to kill the Clinton reform plan, it is using shills and front groups to spread lies and disinformation to scare Americans away from the very reform that would benefit them most.

Make no mistake, the industry, despite its public assurances to be good-faith partners with the President and Congress, has been at work for years laying the groundwork for devious and often sinister campaigns to manipulate public opinion.

The industry goes to great lengths to keep its involvement in these campaigns hidden from public view. But I know from having served on many trade group committees that industry leaders are always full partners in developing strategies to derail any reform that might interfere with their ability to increase their companies' profits.

Let me try this one more time, Wall Street and Congress are in bed together. Pointing at Wall Street as the problem is no different tan pointing at Congress as the problem. Wall Street is the ultimate symbol of crony capitalism, not the ultimate symbol of the free market. If the government did not support the efforts of the insurance industry to get away with all the things you keep complaining about the undustry would not get away with them.

In other words, you are the problem because you are one of the idiots that keep saying that the problem is something that does not exist and then you demand that the actual problem step in and fix the problem.

And you're the idiot whose solution is the let Wall Street run free of any regulations...then SOMEHOW, they will become good boys and girls.

The core of the problem is health care will never fit a 'free market' solution. Anyone with an adult brain who understands the basics of a market based transaction can see that the incentives, stakes and leverage are fatally flawed...LITERALLY.

 

[Quantum Windbag]

It's because you didn't watch the fucking interview with a 15 year executive with CIGNA who identified WALL STREET. Instead you use idiotic catch phrases like 'crony capitalism' which doesn't apply to the problem. It all has to do with your dogmatic ignorance. You have found 'religion'...you're are a Marketist. No different than a Marxist.

Here is an apology by the same CIGNA executive VP. READ IT, and educate yourself. Shed your fucking ignorance. Become a thinking person, not a fucking parrot!

Wendell Potter: Rally Against Wall Street's Health Care Takeover

I would like to begin by apologizing to all of you for the role I played 15 years ago in cheating you out of a reformed health care system. Had it not been for greedy insurance companies and other special interests, and their army of lobbyists and spin-doctors like I used to be, we wouldn't be here today.

I'm ashamed that I let myself get caught up in deceitful and dishonest PR campaigns that worked so well, hundreds of thousands of our citizens have died, and millions of others have lost their homes and been forced into bankruptcy, so that a very few corporate executives and their Wall Street masters could become obscenely rich.

But it was only during the last few years of my career that I came to realize the full scope of the harm my colleagues and I had caused, and the lengths that insurance companies will go to increase their profits at the expense of working families.

As I told the Senate Commerce Committee two months ago, the higher up the corporate ladder I climbed, the more I could see how insurance companies confuse their customers and dump the sick – all so they can satisfy those Wall Street masters.

I described for the senators how insurers make promises they have no intention of keeping, how they flout regulations designed to protect consumers, and how they make it nearly impossible to understand -- or even to obtain -- information consumers need.

I also told the Committee how the industry has conducted duplicitous and well-financed PR and lobbying campaigns every time Congress has tried to reform our health care system -- and how its current behind-scenes-efforts may well shape reform in a way that benefits Wall Street far more than average Americans.

I noted that, just as the industry did 15 years ago when it led the effort to kill the Clinton reform plan, it is using shills and front groups to spread lies and disinformation to scare Americans away from the very reform that would benefit them most.

Make no mistake, the industry, despite its public assurances to be good-faith partners with the President and Congress, has been at work for years laying the groundwork for devious and often sinister campaigns to manipulate public opinion.

The industry goes to great lengths to keep its involvement in these campaigns hidden from public view. But I know from having served on many trade group committees that industry leaders are always full partners in developing strategies to derail any reform that might interfere with their ability to increase their companies' profits.

Let me try this one more time, Wall Street and Congress are in bed together. Pointing at Wall Street as the problem is no different tan pointing at Congress as the problem. Wall Street is the ultimate symbol of crony capitalism, not the ultimate symbol of the free market. If the government did not support the efforts of the insurance industry to get away with all the things you keep complaining about the undustry would not get away with them.

In other words, you are the problem because you are one of the idiots that keep saying that the problem is something that does not exist and then you demand that the actual problem step in and fix the problem.

And you're the idiot whose solution is the let Wall Street run free of any regulations...then SOMEHOW, they will become good boys and girls.

The core of the problem is health care will never fit a 'free market' solution. Anyone with an adult brain who understands the basics of a market based transaction can see that the incentives, stakes and leverage are fatally flawed...LITERALLY.

I have no problem with regulations, as long as they are not designed to keep other companies from competing with the ones that already exist.

Really? Why would I want Wall Street not to have to answer to rules? I just don't

 

[usmcstinger]

Provisions in the Affordable Care Act make it one of the toughest anti-fraud laws in history. The results? Another record setting year.

[BFeds recover $4.1B in h]ealth care fraud in 2011[/B]

Federal authorities say they recovered $last year, a record high which officials on Monday credited to new tools for cracking down on deceitful Medicare claims.

The recovered funds are up roughly 50 percent from 2009. Attorney General Eric Holder and Department of Health and Human Services Secretary Kathleen Sebelius were expected to make the announcement at a news conference Tuesday.


more

Nothing turns out to be so oppressive and unjust as a feeble government.
Edmund Burke[/QUOTE

The 4.1 billion in health care fraud is not the important news.

The Increased Cost of the AHA is the real news.

The just-released( by the CBO) 2012 projection tags the gross cost at $1.76 trillion through 2022—nearly twice the original costt.d
I'm Shocked! ObamaCare Costs More Than Promised - Forbes

"This report also presents estimates through fiscal year 2022, because the baseline projection period now extends through that additional year. The ACA’s provisions related to insurance coverage are now projected to have a net cost of $1,252 billion over the 2012-2022 period; that amount represents a gross cost to the federal government of $1,762 billion, offset in part by $510 billion in receipts and other budgetary effects (primarily revenues from penalties and other sources)."http://www.cbo.gov/publication/43080

If you do not understand this information, then you must be living in a delusional world of your own design.

 

[Bfgrn]

Provisions in the Affordable Care Act make it one of the toughest anti-fraud laws in history. The results? Another record setting year.

[BFeds recover $4.1B in h]ealth care fraud in 2011[/B]

Federal authorities say they recovered $last year, a record high which officials on Monday credited to new tools for cracking down on deceitful Medicare claims.

The recovered funds are up roughly 50 percent from 2009. Attorney General Eric Holder and Department of Health and Human Services Secretary Kathleen Sebelius were expected to make the announcement at a news conference Tuesday.


more

Nothing turns out to be so oppressive and unjust as a feeble government.
Edmund Burke[/QUOTE

The 4.1 billion in health care fraud is not the important news.

The Increased Cost of the AHA is the real news.

The just-released( by the CBO) 2012 projection tags the gross cost at $1.76 trillion through 2022—nearly twice the original costt.d
I'm Shocked! ObamaCare Costs More Than Promised - Forbes

"This report also presents estimates through fiscal year 2022, because the baseline projection period now extends through that additional year. The ACA’s provisions related to insurance coverage are now projected to have a net cost of $1,252 billion over the 2012-2022 period; that amount represents a gross cost to the federal government of $1,762 billion, offset in part by $510 billion in receipts and other budgetary effects (primarily revenues from penalties and other sources)."http://www.cbo.gov/publication/43080

If you do not understand this information, then you must be living in a delusional world of your own design.

SO...you right wing turds who tried to hand Obama his Waterloo wanted to do NOTHING.


The Cost of Doing Nothing
Why the Cost of Failing to Fix Our Health System Is Greater than the Cost of Reform

2008

The U.S. health care system is in crisis. Health care costs too much; we often get too little in exchange for our health care dollar; and tens of millions of Americans are uninsured.

Our economy loses hundreds of billions of dollars every year because of the diminished health and shorter lifespan of the uninsured. Rising health care costs undermine the ability of U.S. firms to compete internationally, threaten the stability of American jobs, and place increasing strain on local, state, and federal budgets. As health care costs continue to rise faster than wages, health insurance becomes more and more unaffordable for more and more American families every day.

Yet, the recent financial services meltdown has led some people to suggest that we cannot afford health reform and that fixing our broken health care system will have to wait once again. But waiting comes with a price. The crisis worsens every day that we do not act. Premiums will continue to rise; Americans will continue to pay more for less-generous health coverage; and fewer employers will offer health insurance to their workers.

We must reform our struggling health system not in spite of our economic crisis, but rather because of the impact health care has on the American economy. The economic and social impact of inaction is high and it will only rise over time.

Economic Cost

The economic cost of failing to fix our broken health care system is greater than the upfront expense of comprehensive health reform. In 2006, our economy lost as much as $200 billion because of the poor health and shorter lifespan of the uninsured. This is by most estimates as much as, if not greater than, the public costs of ensuring all Americans have quality, affordable, health coverage. The economies in California, Texas, and Florida suffer most from productivity loses stemming from the uninsured. Yet, Delaware’s economy loses more per uninsured person -- over $6,800 per uninsured resident.

Affordability

As health care costs continue to grow faster than wages, health insurance will become more and more unaffordable for more and more American families every day. The financial burdens associated with health care and health insurance will only get worse over time without action.The cost of the average employer-sponsored health insurance plan (ESI) for a family will reach $24,000 in 2016. This represents an 84 percent increase over 2008 premium levels. Under this scenario, we estimate that at least half of American households will need to spend more than 45 percent of their income to buy health insurance.

More

 

[usmcstinger]

The Liberals aka Marxists only believe what makes sense in the delusional world they live in.

 

[Bfgrn]

The Liberals aka Marxists only believe what makes sense in the delusional world they live in.

So, you are obtuse to what Republicans did? Why am I not surprised?? I will let George W. Bush's former speechwriter explain it to you. BTW, he was fired by the right wing think tank the American Enterprise Institute for telling the truth.

Freedom of speech on the right: the freedom to parrot the propaganda you're being fed, OR ELSE.

Waterloo | FrumForum

At the beginning of this process we made a strategic decision: unlike, say, Democrats in 2001 when President Bush proposed his first tax cut, we would make no deal with the administration. No negotiations, no compromise, nothing. We were going for all the marbles. This would be Obama’s Waterloo – just as healthcare was Clinton’s in 1994.

This time, when we went for all the marbles, we ended with none.

Could a deal have been reached? Who knows? But we do know that the gap between this plan and traditional Republican ideas is not very big. The Obama plan has a broad family resemblance to Mitt Romney’s Massachusetts plan. It builds on ideas developed at the Heritage Foundation in the early 1990s that formed the basis for Republican counter-proposals to Clintoncare in 1993-1994.

 

[Rozman]

I have a question that I would like to answered by both sides.
Is it possible for a company that insures it's employees to drop
the coverage and decide to pay the fine because it's cheaper under Obamacare
then to pay the insurance company.

Then the employer hands out the list of exchanges that the employee will
have to make arrangements with for coverage.

Anyone have an opinion on this?

 

[Rozman]

I found a lot of articles that speculate this will be true
but these articles were written a while back.
Nothing more recent.I'm wondering if this was addressed
or are the Libs slipping this one past us.

If this is the case then Obama lied to America
when he said those who have coverage nothing will change
and we can still see our same Doctor and have the same coverage.

 

[usmcstinger]

Provisions in the Affordable Care Act make it one of the toughest anti-fraud laws in history. The results? Another record setting year.

[BFeds recover $4.1B in h]ealth care fraud in 2011[/B]

Federal authorities say they recovered $last year, a record high which officials on Monday credited to new tools for cracking down on deceitful Medicare claims.

The recovered funds are up roughly 50 percent from 2009. Attorney General Eric Holder and Department of Health and Human Services Secretary Kathleen Sebelius were expected to make the announcement at a news conference Tuesday.


more

Nothing turns out to be so oppressive and unjust as a feeble government.
Edmund Burke[/QUOTE

The 4.1 billion in health care fraud is not the important news.

The Increased Cost of the AHA is the real news.

The just-released( by the CBO) 2012 projection tags the gross cost at $1.76 trillion through 2022—nearly twice the original costt.d
I'm Shocked! ObamaCare Costs More Than Promised - Forbes

"This report also presents estimates through fiscal year 2022, because the baseline projection period now extends through that additional year. The ACA’s provisions related to insurance coverage are now projected to have a net cost of $1,252 billion over the 2012-2022 period; that amount represents a gross cost to the federal government of $1,762 billion, offset in part by $510 billion in receipts and other budgetary effects (primarily revenues from penalties and other sources)."http://www.cbo.gov/publication/43080

If you do not understand this information, then you must be living in a delusional world of your own design.

SO...you right wing turds who tried to hand Obama his Waterloo wanted to do NOTHING.


The Cost of Doing Nothing
Why the Cost of Failing to Fix Our Health System Is Greater than the Cost of Reform

2008

The U.S. health care system is in crisis. Health care costs too much; we often get too little in exchange for our health care dollar; and tens of millions of Americans are uninsured.

Our economy loses hundreds of billions of dollars every year because of the diminished health and shorter lifespan of the uninsured. Rising health care costs undermine the ability of U.S. firms to compete internationally, threaten the stability of American jobs, and place increasing strain on local, state, and federal budgets. As health care costs continue to rise faster than wages, health insurance becomes more and more unaffordable for more and more American families every day.

Yet, the recent financial services meltdown has led some people to suggest that we cannot afford health reform and that fixing our broken health care system will have to wait once again. But waiting comes with a price. The crisis worsens every day that we do not act. Premiums will continue to rise; Americans will continue to pay more for less-generous health coverage; and fewer employers will offer health insurance to their workers.

We must reform our struggling health system not in spite of our economic crisis, but rather because of the impact health care has on the American economy. The economic and social impact of inaction is high and it will only rise over time.

Economic Cost

The economic cost of failing to fix our broken health care system is greater than the upfront expense of comprehensive health reform. In 2006, our economy lost as much as $200 billion because of the poor health and shorter lifespan of the uninsured. This is by most estimates as much as, if not greater than, the public costs of ensuring all Americans have quality, affordable, health coverage. The economies in California, Texas, and Florida suffer most from productivity loses stemming from the uninsured. Yet, Delaware’s economy loses more per uninsured person -- over $6,800 per uninsured resident.

Affordability

As health care costs continue to grow faster than wages, health insurance will become more and more unaffordable for more and more American families every day. The financial burdens associated with health care and health insurance will only get worse over time without action.The cost of the average employer-sponsored health insurance plan (ESI) for a family will reach $24,000 in 2016. This represents an 84 percent increase over 2008 premium levels. Under this scenario, we estimate that at least half of American households will need to spend more than 45 percent of their income to buy health insurance.

More

You need to apply the "Structural Functional Theory" to Obama Care and the results will set you free in the real world. In the delusional world that the left wing nuts live in the story has to be different to fit into their world.