The ACA-Much maligned, nonetheless Effective

[Edgetho]

Fourth, we could argue if private insurers have been ripiing off people for decades...but I'll let others judge the "kindness" of private health care insurers.

Insurance Companies aren't "kind" they're businesses and their primary purpose is to make money.

They are also one of the most heavily regulated Industries on Earth.

Too many dims think that Business is mean and only goobermint is fair.

What a load of juvenile, adolescent BULLSHIT.

Tell me how many people Big Business has murdered and compare that to the HUNDREDS OF MILLIONS murdered by governments in the last millennium or two.

You need to grow up before it's too late for you

 

[nat4900]

Actually I think that the ACA is just a first (and much-needed) step toward curbing the rip-offs by private insurers.....Nexy step should be a single payer and/or the extension of Medicare for all American under the age of 20 and 55 years and up......with such covergae extended every decade to 25 and under and 50 on up, etc.

Insurers aren't ripping anybody off. That's just pablum for the idiot masses.

For instance, the Japanese own banks, they make cars, they own Real Estate, they make Electronics, they own movie making companies..... The Japanese are elbow deep in virtually every industry Americans have -- Except one.

They don't shy away from Insurance Companies -- They RUN.

Wanna get poor, quick? Buy Insurance Stock. With the lone exception of United Health, all the others have been taking a shit for the last 70 years.

Insurance stocks are KNOWN for being 'income' stocks that pay around 2% dividends and have somewhere around 2% growth...... In a GOOD year.

One of the reasons why is -- Insurance Companies are what's called a "Public Trust". Similar to the Public Trust Doctrine of Justinian in the 6th Century.

IOW, certain industries like Power Generating Companies, Water Companies (city), Banks and Insurance Compnaies are necessary for the continued operation and survival of civilization itself.

Without them, our society can not exist. Like here, Florida Power and Light can't just stop generating electricity if it feels like it's being under paid. Our Privately owned Water Company can't just shut down because they're pissed about something and Banks can't decide to put 100% of their assets in Hedge Funds on a whim.

Insurance Companies are a Public Trust. They are one of the most Highly Regulated Industries in this Country.

Each State has an Insurance Commissioner whose only job is to watch out for Insurance Companies and the people they insure. In Florida, he is elected and is the 2nd most powerful man in the State.

All this may come as a surprise to you and most other people but do yourselves a favor.... Believe it. It's true.

And if you are being told something by a dimocrap scumbag or one of the dimocrap scum party's sycophants or one of their charter members like the DISGUSTING FILTH in the LSM.....

Doubt it. First and foremost -- Doubt it. If you want to, verify it. But don't run with it. You're only to make yourself look foolish if you do

It isn't so much that they're lying motherfuckers (they are) it's that they're so stupid, they usually get things wrong even when they're reporting in good faith.

Which isn't that often, BTW

Nice rant........If you don't think that private insurers are ripping people off, fine......Here's a "hint" of just what their CEOs are taking home after their hard work:

If health insurance companies announce big premium increases on policies for 2015, I hope regulators, lawmakers and the media will look closely at whether they are justified, especially in light of recent disclosures of better-than-expected profits in 2013, rosy outlooks for the rest of this year and soaring CEO compensation.
Almost all of the publicly traded health insurers reported big increases in revenue and profits last year. The big winners have been the top executives of those companies, led by Mark Bertolini, CEO of Aetna, the nation’s third largest health insurer. Bertolini’s total compensation of $30.7 million in 2013 was 131 percent higher than in 2012.
If the stock prices of these firms keep growing at the current pace, Bertolini and his peers can expect to be rewarded even more handsomely this year, especially if they can hike premiums high enough to satisfy shareholders.
According to Health Plan Week, a trade publication, the CEOs of the 11 largest for-profit companies were rewarded with compensation packages last year totaling more than $125 million.
Over the past several weeks, several of them have told shareholders and Wall Street financial analysts that their companies likely will have higher profits at the end of this year than they expected, despite having to pay more medical claims as a result of the new Obamacare customers they picked up.
Those announcements have been music to the ears of shareholders, who are considerably wealthier today than they were this time last year.
Of those 11 companies (Aetna, Centene, Cigna, Health Net, Humana, Molina, Triple-S Management Corp., UnitedHealth Group, Universal American, Wellcare, and WellPoint) nine saw their stocks close near 52-week highs this past Friday.
The biggest gainer has been Humana, one of the largest operators of Medicare Advantage plans, whose share price has increased more than 53 percent over the past year.
The increases have been equally impressive at most of the other big companies. Aetna’s share price is up 31 percent, Cigna’s 32 percent. United’s is up 28 percent. And WellPoint’s is up 39 percent.
But it is the CEO compensation that has been the most eye-popping, especially at two of the publicly traded companies that specialize in managing Medicaid enrollees in several states: Centene and Molina.
Centene’s CEO Micheal Neidorff saw his compensation increase 71 percent last year, from $8.5 million to $14.5 million. Even more impressive was the 140 percent raise Molina’s J. Mario Molina got. His compensation jumped from $4.95 million in 2012 to $11.9 million in 2013.

Skyrocketing salaries for health insurance CEOs Center for Public Integrity

 

[WelfareQueen]

In spite of the fact that millions of Americans are benefiting from ACA, the damn prepubs are apparently still talking about wasting even more money on their phony votes to repeal.

Has any other law been passed as many times as this one has?

And millions more have been hurt by the ACA. It's a piece of crap.

 

[Redfish]

In spite of the fact that millions of Americans are benefiting from ACA, the damn prepubs are apparently still talking about wasting even more money on their phony votes to repeal.

Has any other law been passed as many times as this one has?

right, those getting it free are benefitting, no question about that. But everyone else is getting screwed with higher premiums, higher deductibles, and coverages they don't want or need.

 

[Edgetho]

Actually I think that the ACA is just a first (and much-needed) step toward curbing the rip-offs by private insurers.....Nexy step should be a single payer and/or the extension of Medicare for all American under the age of 20 and 55 years and up......with such covergae extended every decade to 25 and under and 50 on up, etc.

Insurers aren't ripping anybody off. That's just pablum for the idiot masses.

For instance, the Japanese own banks, they make cars, they own Real Estate, they make Electronics, they own movie making companies..... The Japanese are elbow deep in virtually every industry Americans have -- Except one.

They don't shy away from Insurance Companies -- They RUN.

Wanna get poor, quick? Buy Insurance Stock. With the lone exception of United Health, all the others have been taking a shit for the last 70 years.

Insurance stocks are KNOWN for being 'income' stocks that pay around 2% dividends and have somewhere around 2% growth...... In a GOOD year.

One of the reasons why is -- Insurance Companies are what's called a "Public Trust". Similar to the Public Trust Doctrine of Justinian in the 6th Century.

IOW, certain industries like Power Generating Companies, Water Companies (city), Banks and Insurance Compnaies are necessary for the continued operation and survival of civilization itself.

Without them, our society can not exist. Like here, Florida Power and Light can't just stop generating electricity if it feels like it's being under paid. Our Privately owned Water Company can't just shut down because they're pissed about something and Banks can't decide to put 100% of their assets in Hedge Funds on a whim.

Insurance Companies are a Public Trust. They are one of the most Highly Regulated Industries in this Country.

Each State has an Insurance Commissioner whose only job is to watch out for Insurance Companies and the people they insure. In Florida, he is elected and is the 2nd most powerful man in the State.

All this may come as a surprise to you and most other people but do yourselves a favor.... Believe it. It's true.

And if you are being told something by a dimocrap scumbag or one of the dimocrap scum party's sycophants or one of their charter members like the DISGUSTING FILTH in the LSM.....

Doubt it. First and foremost -- Doubt it. If you want to, verify it. But don't run with it. You're only to make yourself look foolish if you do

It isn't so much that they're lying motherfuckers (they are) it's that they're so stupid, they usually get things wrong even when they're reporting in good faith.

Which isn't that often, BTW

Nice rant........If you don't think that private insurers are ripping people off, fine......Here's a "hint" of just what their CEOs are taking home after their hard work:

If health insurance companies announce big premium increases on policies for 2015, I hope regulators, lawmakers and the media will look closely at whether they are justified, especially in light of recent disclosures of better-than-expected profits in 2013, rosy outlooks for the rest of this year and soaring CEO compensation.
Almost all of the publicly traded health insurers reported big increases in revenue and profits last year. The big winners have been the top executives of those companies, led by Mark Bertolini, CEO of Aetna, the nation’s third largest health insurer. Bertolini’s total compensation of $30.7 million in 2013 was 131 percent higher than in 2012.
If the stock prices of these firms keep growing at the current pace, Bertolini and his peers can expect to be rewarded even more handsomely this year, especially if they can hike premiums high enough to satisfy shareholders.
According to Health Plan Week, a trade publication, the CEOs of the 11 largest for-profit companies were rewarded with compensation packages last year totaling more than $125 million.
Over the past several weeks, several of them have told shareholders and Wall Street financial analysts that their companies likely will have higher profits at the end of this year than they expected, despite having to pay more medical claims as a result of the new Obamacare customers they picked up.
Those announcements have been music to the ears of shareholders, who are considerably wealthier today than they were this time last year.
Of those 11 companies (Aetna, Centene, Cigna, Health Net, Humana, Molina, Triple-S Management Corp., UnitedHealth Group, Universal American, Wellcare, and WellPoint) nine saw their stocks close near 52-week highs this past Friday.
The biggest gainer has been Humana, one of the largest operators of Medicare Advantage plans, whose share price has increased more than 53 percent over the past year.
The increases have been equally impressive at most of the other big companies. Aetna’s share price is up 31 percent, Cigna’s 32 percent. United’s is up 28 percent. And WellPoint’s is up 39 percent.
But it is the CEO compensation that has been the most eye-popping, especially at two of the publicly traded companies that specialize in managing Medicaid enrollees in several states: Centene and Molina.
Centene’s CEO Micheal Neidorff saw his compensation increase 71 percent last year, from $8.5 million to $14.5 million. Even more impressive was the 140 percent raise Molina’s J. Mario Molina got. His compensation jumped from $4.95 million in 2012 to $11.9 million in 2013.

Skyrocketing salaries for health insurance CEOs Center for Public Integrity

Class jealousy.

Piss off.

Floyd Mayweather has made $105 Million so far this year. And that's NOT counting endorsements

Cristiano Ronaldo has made $80 Million

Le Bron will make $72 Million this year

Robert Downey Jr has already made $72 Million and 'The Rock' has made $52 Million

What do any of these douchebags do that makes them so fucking important?

Do you hear Conservatives crying like little bitches about what these people are making?

No. Because I'm all for people getting as much as they can as long as it doesn't hurt anybody else.

One other thing, juvenile fucking moron....

Those CEOs? They employ HUNDREDS OF THOUSANDS OF PEOPLE!!!

You got jack fucking shit to say about some cooze dragging down $20 Million for showing her ass in a fucking worthless and stupid movie, you got nothing to say about a fucking soccer coach getting $25 Million a year (Pep Guardiola) for teaching fags how to run around in shorts and kick a little round ball but you balk at people getting that for running some of the most complicated business the earth has ever known.

You're just another little fag communist punk.

That will teach me to ever try to talk to a dimocrap scumbag ever again

It just isn't worth it. You're too fucking stupid and too steeped in your idieology to ever be useful to anyone or anything

moron

 

[Claudette]

yeah what a fricken huge success. premiums up, deductibles up, coverages down, employers dropping insurance, medicaid numbers up (medicaid is free, er, paid by the taxpayers), doctors leaving medicine, hospitals closing.

It is the worst piece of legislation in the history of our nation, passed by dems only in the dark of night before anyone had a chance to read it.--------------you dems own this piece of shit, you and obama.

Yup. The only winners in that POS are those the rest of us will have to subsidize.

The rest of us will be paying higher costs for our benifits. Mine went up by 30% all so some asshole who can't pay his own way gets covered by me, the taxpayer.

The ACA is a POS that never should have been passed. Thanks to Obama, Pelosi and those gutless Dems it was passed now we the taxpayer are stuck footing the fucking bill.

 

[nat4900]

Well, you "poor darlings" can bitch and moan until one of your ilk gets elected to the oval office...perhaps in another decade or so...Until then, by all means, keep supporting the health insurers CEOs and board members, and hospital administrators and big pharma.....

ITS THE LAW upheld by the SC with ZERO chances of congress ever repealing it so that we can go back to cancer treatments for some in "comforts" of an ER ward......... LIVE WITH IT !!!

 

[SassyIrishLass]

Well, you "poor darlings" can bitch and moan until one of your ilk gets elected to the oval office...perhaps in another decade or so...Until then, by all means, keep supporting the health insurers CEOs and board members, and hospital administrators and big pharma.....

ITS THE LAW upheld by the SC with ZERO chances of congress ever repealing it so that we can go back to cancer treatments for some in "comforts" of an ER ward......... LIVE WITH IT !!!

As usual the Nutty Professor starts a stupid thread, gets shellacked and ends with the above garbage. Go teach your macrame class at that junior college, junior

 

[nat4900]

I'm simply relaying what the Rand Corp. report stated.....

I get it....you DO NOT like anything that would make Obama a bit more popular but....guess what.....you're powerless with the exception of bitching on this forum...No skin off my nose.

 

[Greenbeard]

Insurance coverage has increased across all types of insurance since themajor provisions of the federal Affordable Care Act took effect, with a total of 16.9 million people becoming newly enrolled through February 2015, according to a new RAND Corporation study.

Indeed. Insurance coverage has hit all-time highs. Cost and price growth have hit all-time lows. Care is getting better and safer, quality indicators are going up.

Insurers are competing, consumers are shopping (and they're more cost-conscious, less shielded from the financial ramifications of their decision), providers are innovating to roll out delivery models that will hold down cost growth and improve care. Meanwhile, the price tag of the ACA has fallen about 30% below the 2010 estimates.

This is what's supposed to be happening. Actually, it's a bit better than was supposed to be happening.