You dropped a bomb on me, baby!

BDBoop

Platinum Member
Jul 20, 2011
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Don't harsh my zen, Jen!
The Bomb Buried In Obamacare Explodes Today-Hallelujah! - Forbes

This is the true ‘bomb’ contained in Obamacare and the one item that will have more impact on the future of how medical care is paid for in this country than anything we’ve seen in quite some time. Indeed, it is this aspect of the law that represents the true ‘death panel’ found in Obamacare—but not one that is going to lead to the death of American consumers. Rather, the medical loss ratio will, ultimately, lead to the death of large parts of the private, for-profit health insurance industry.

Why? Because there is absolutely no way for-profit health insurers are going to be able to learn how to get by and still make a profit while being forced to spend at least 80 percent of their receipts providing their customers with the coverage for which they paid. If they could, we likely would never have seen the extraordinary efforts made by these companies to avoid paying benefits to their customers at the very moment they need it the most.

Today, that bomb goes off.

Today, the Department of Health & Human Services issues the rules of what insurer expenditures will—and will not—qualify as a medical expense for purposes of meeting the requirement.

[ame=http://www.youtube.com/watch?v=17lkdqoLt44]The Gap Band - You Dropped A Bomb On Me - YouTube[/ame]
 
The Bomb Buried In Obamacare Explodes Today-Hallelujah! - Forbes

This is the true ‘bomb’ contained in Obamacare and the one item that will have more impact on the future of how medical care is paid for in this country than anything we’ve seen in quite some time. Indeed, it is this aspect of the law that represents the true ‘death panel’ found in Obamacare—but not one that is going to lead to the death of American consumers. Rather, the medical loss ratio will, ultimately, lead to the death of large parts of the private, for-profit health insurance industry.

Why? Because there is absolutely no way for-profit health insurers are going to be able to learn how to get by and still make a profit while being forced to spend at least 80 percent of their receipts providing their customers with the coverage for which they paid. If they could, we likely would never have seen the extraordinary efforts made by these companies to avoid paying benefits to their customers at the very moment they need it the most.

Today, that bomb goes off.

Today, the Department of Health & Human Services issues the rules of what insurer expenditures will—and will not—qualify as a medical expense for purposes of meeting the requirement.

[ame=http://www.youtube.com/watch?v=17lkdqoLt44]The Gap Band - You Dropped A Bomb On Me - YouTube[/ame]


You have hit on the dirty little secret of the insurance industry.

Why Does U.S. Health Care Cost So Much? (Part II: Indefensible Administrative Costs) - NYTimes.com
 
The Bomb Buried In Obamacare Explodes Today-Hallelujah! - Forbes

This is the true ‘bomb’ contained in Obamacare and the one item that will have more impact on the future of how medical care is paid for in this country than anything we’ve seen in quite some time. Indeed, it is this aspect of the law that represents the true ‘death panel’ found in Obamacare—but not one that is going to lead to the death of American consumers. Rather, the medical loss ratio will, ultimately, lead to the death of large parts of the private, for-profit health insurance industry.

Why? Because there is absolutely no way for-profit health insurers are going to be able to learn how to get by and still make a profit while being forced to spend at least 80 percent of their receipts providing their customers with the coverage for which they paid. If they could, we likely would never have seen the extraordinary efforts made by these companies to avoid paying benefits to their customers at the very moment they need it the most.

Today, that bomb goes off.

Today, the Department of Health & Human Services issues the rules of what insurer expenditures will—and will not—qualify as a medical expense for purposes of meeting the requirement.

[ame=http://www.youtube.com/watch?v=17lkdqoLt44]The Gap Band - You Dropped A Bomb On Me - YouTube[/ame]

If we could just make the government adhere to the same rules they want to force on us.
 
As stated since this debate began. Obamatax is step one to a single payer government healt plan with no private insurance, doctors or pharmaceuticals companies.

Does Medicare and Medicaid follow the same rule?
 
Didn't you know that millions of pages of regulations would be required to implement the 2,500 pages of the Act itself?

When this is over, the laws covering the regulations will be as extensive as the tax code. The volumes will fill a library. Then there will be an army of Health Care Act Specialist lawyers to decode it for you.

It has to be repealed and that what has already been implemented dismantled.
 
The Bomb Buried In Obamacare Explodes Today-Hallelujah! - Forbes

This is the true ‘bomb’ contained in Obamacare and the one item that will have more impact on the future of how medical care is paid for in this country than anything we’ve seen in quite some time. Indeed, it is this aspect of the law that represents the true ‘death panel’ found in Obamacare—but not one that is going to lead to the death of American consumers. Rather, the medical loss ratio will, ultimately, lead to the death of large parts of the private, for-profit health insurance industry.

Why? Because there is absolutely no way for-profit health insurers are going to be able to learn how to get by and still make a profit while being forced to spend at least 80 percent of their receipts providing their customers with the coverage for which they paid. If they could, we likely would never have seen the extraordinary efforts made by these companies to avoid paying benefits to their customers at the very moment they need it the most.

Today, that bomb goes off.

Today, the Department of Health & Human Services issues the rules of what insurer expenditures will—and will not—qualify as a medical expense for purposes of meeting the requirement.

[ame=http://www.youtube.com/watch?v=17lkdqoLt44]The Gap Band - You Dropped A Bomb On Me - YouTube[/ame]

If we could just make the government adhere to the same rules they want to force on us.

Knowing that you're willfully ignorant and lack the curiosity to explore the costs of health care in America as linked above, allow me to post one paragraph from the NYT's:

"The United States spends nearly 40 percent more on health care per capita than its G.D.P. per capita would predict. Given the sheer magnitude of the estimated excess spending, it is fair to ask American health care providers what extra benefits the American people receive in return for this enormous extra spending. After all, translated into total dollar spending per year, this excess spending amounted to $570 billion in 2006 and about $650 billion in 2008. The latter figure is over five times the estimated $125 billion or so in additional health spending that would be needed to attain truly universal health insurance coverage in this country."

If the figures are accurate, would that change you opinion?
 

Knowing that you're willfully ignorant and lack the curiosity to explore the costs of health care in America as linked above, allow me to post one paragraph from the NYT's:

"The United States spends nearly 40 percent more on health care per capita than its G.D.P. per capita would predict. Given the sheer magnitude of the estimated excess spending, it is fair to ask American health care providers what extra benefits the American people receive in return for this enormous extra spending. After all, translated into total dollar spending per year, this excess spending amounted to $570 billion in 2006 and about $650 billion in 2008. The latter figure is over five times the estimated $125 billion or so in additional health spending that would be needed to attain truly universal health insurance coverage in this country."

If the figures are accurate, would that change you opinion?

FYI, the reason health care in America continually goes up is because of advances in science and governmental regulations.

That's why one pill costs you $10.


If you want a country that still uses leeches move.
 
As stated since this debate began. Obamatax is step one to a single payer government healt plan with no private insurance, doctors or pharmaceuticals companies.

Does Medicare and Medicaid follow the same rule?
Medicare and Medicaid patients only use PRIVATE doctors, and Private Hospitals, and Private Laboratories, etc I would presume this will also be the case with a future single payer health care plan for those under 65....if it ever got in to place?

as Far as the Health Insurance Industry, they will still be around...similar to Medicare, they will get in to the Supplemental Health Insurance policies more, and develop other areas of Business, they certainly would not just "give up", they would diversify more than they have already and give it their all to survive....if we ever went to a single payer plan.
 
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Knowing that you're willfully ignorant and lack the curiosity to explore the costs of health care in America as linked above, allow me to post one paragraph from the NYT's:

"The United States spends nearly 40 percent more on health care per capita than its G.D.P. per capita would predict. Given the sheer magnitude of the estimated excess spending, it is fair to ask American health care providers what extra benefits the American people receive in return for this enormous extra spending. After all, translated into total dollar spending per year, this excess spending amounted to $570 billion in 2006 and about $650 billion in 2008. The latter figure is over five times the estimated $125 billion or so in additional health spending that would be needed to attain truly universal health insurance coverage in this country."

If the figures are accurate, would that change you opinion?



That's a pretty big IF.

The half a billion being pared from medicaid and re-directed to support Obamacare plus the Trillion in tax increases over the next ten years plus all of the currently paid Health Insurance premiums indicate that the figures you cite as actual spending will increase and not decrease one bit.

But, yes, if we were living on Fantasy Island as your post would suggest you believe, then that would change my opinion.
 
Medicare and Medicaid patients only use PRIVATE doctors, and Private Hospitals, and Private Laboratories, etc I would presume this will also be the case with a future single payer health care plan for those under 65....if it ever got in to place?

as Far as the Health Insurance Industry, they will still be around...similar to Medicare, they will get in to the Supplemental Health Insurance policies more, and develop other areas of Business, they certainly would not just "give up", they would diversify more than they have already and give it their all to survive....if we ever went to a single payer plan.

More than that, most Medicaid beneficiaries today get their benefits through competing private insurance companies (as do a fair chunk of Medicare beneficiaries). The lines between public and private are murky in virtually any modern system, so those on the left who view single-payer as some sort of total move toward direct provision of services or administration of health insurance benefits by the government are likely to be disappointed.
 
The Bomb Buried In Obamacare Explodes Today-Hallelujah! - Forbes

This is the true ‘bomb’ contained in Obamacare and the one item that will have more impact on the future of how medical care is paid for in this country than anything we’ve seen in quite some time. Indeed, it is this aspect of the law that represents the true ‘death panel’ found in Obamacare—but not one that is going to lead to the death of American consumers. Rather, the medical loss ratio will, ultimately, lead to the death of large parts of the private, for-profit health insurance industry.

Why? Because there is absolutely no way for-profit health insurers are going to be able to learn how to get by and still make a profit while being forced to spend at least 80 percent of their receipts providing their customers with the coverage for which they paid. If they could, we likely would never have seen the extraordinary efforts made by these companies to avoid paying benefits to their customers at the very moment they need it the most.

Today, that bomb goes off.

Today, the Department of Health & Human Services issues the rules of what insurer expenditures will—and will not—qualify as a medical expense for purposes of meeting the requirement.

[ame=http://www.youtube.com/watch?v=17lkdqoLt44]The Gap Band - You Dropped A Bomb On Me - YouTube[/ame]

If you believe that the end of private, for-profit health insurance is some type of nefarious step towards a socialist society, then you might want to attend church this Sunday to mourn the loss of health insurers being able to worm out of covering the bills of a cancer patient because she forgot to write down on her application that she had skin acne for three months when she was a teenager.

roflmao, lucky me, I've been healthy this year, and so has my kid.
 
As stated since this debate began. Obamatax is step one to a single payer government healt plan with no private insurance, doctors or pharmaceuticals companies.

Does Medicare and Medicaid follow the same rule?
Medicare and Medicaid patients only use PRIVATE doctors, and Private Hospitals, and Private Laboratories, etc I would presume this will also be the case with a future single payer health care plan for those under 65....if it ever got in to place?

as Far as the Health Insurance Industry, they will still be around...similar to Medicare, they will get in to the Supplemental Health Insurance policies more, and develop other areas of Business, they certainly would not just "give up", they would diversify more than they have already and give it their all to survive....if we ever went to a single payer plan.
Why do you think these outfits will be around if they can't make a profit?

Answer: they won't be.

In the soviet union when they made doctors economically equal to janitors, they got too many janitors and a shortage of doctors.

People will not work for less than what their work is worth. Businesses will go under if they cannot make a profit because there is no reason to struggle hard for no extra gain. It has been the case of man since time immemorial.
 
If we could just make the government adhere to the same rules they want to force on us.

Knowing that you're willfully ignorant and lack the curiosity to explore the costs of health care in America as linked above, allow me to post one paragraph from the NYT's:

"The United States spends nearly 40 percent more on health care per capita than its G.D.P. per capita would predict. Given the sheer magnitude of the estimated excess spending, it is fair to ask American health care providers what extra benefits the American people receive in return for this enormous extra spending. After all, translated into total dollar spending per year, this excess spending amounted to $570 billion in 2006 and about $650 billion in 2008. The latter figure is over five times the estimated $125 billion or so in additional health spending that would be needed to attain truly universal health insurance coverage in this country."

If the figures are accurate, would that change you opinion?

FYI, the reason health care in America continually goes up is because of advances in science and governmental regulations.

That's why one pill costs you $10.


If you want a country that still uses leeches move.

You really are brainwashed and unwilling to allow any information which might cause you to rethink (that's funny), to consider, anything which might cause you to question your beliefs.
 
If we could just make the government adhere to the same rules they want to force on us.

Knowing that you're willfully ignorant and lack the curiosity to explore the costs of health care in America as linked above, allow me to post one paragraph from the NYT's:

"The United States spends nearly 40 percent more on health care per capita than its G.D.P. per capita would predict. Given the sheer magnitude of the estimated excess spending, it is fair to ask American health care providers what extra benefits the American people receive in return for this enormous extra spending. After all, translated into total dollar spending per year, this excess spending amounted to $570 billion in 2006 and about $650 billion in 2008. The latter figure is over five times the estimated $125 billion or so in additional health spending that would be needed to attain truly universal health insurance coverage in this country."

If the figures are accurate, would that change you opinion?

FYI, the reason health care in America continually goes up is because of advances in science and governmental regulations.

That's why one pill costs you $10.


If you want a country that still uses leeches move.
Nope. It's 3 fold.

The true reason on why Health Care Insurance and Healthcare costs have gone up, is because of government subsidies...they give you a tax break for buying health insurance, they pay for the health care of all seniors, they fund nearly 50% of the R & D costs, they give a tax break to businesses that buy your health care insurance plans....they pay for Medicaid to insure the poor....etc etc etc etc etc....

Do you REALLY believe that health care costs would be this high, if gvt had not been subsidizing it all these years?

Do you really believe there would have not been more resistance from the Individuals in the market place to higher costs if the subsidies were not there via the gvt?

In addition to this, Insurance industries take their CUT, for pushing the paper, and this can account for 30% of our health care costs.

and thirdly, due to so many millions without health insurance, using the emergency rooms as a doctor's office, and many of them not having the money to pay the hospital bill, has sky rocketed costs for all of us....the hospitals are trying to make up some of these losses by raising the price of health care insurance plans negotiated, and WE IN TURN pay for higher health insurance costs, to cover the uninsured, in part.
 
Last edited:
As stated since this debate began. Obamatax is step one to a single payer government healt plan with no private insurance, doctors or pharmaceuticals companies.

Does Medicare and Medicaid follow the same rule?
Medicare and Medicaid patients only use PRIVATE doctors, and Private Hospitals, and Private Laboratories, etc I would presume this will also be the case with a future single payer health care plan for those under 65....if it ever got in to place?

as Far as the Health Insurance Industry, they will still be around...similar to Medicare, they will get in to the Supplemental Health Insurance policies more, and develop other areas of Business, they certainly would not just "give up", they would diversify more than they have already and give it their all to survive....if we ever went to a single payer plan.
Why do you think these outfits will be around if they can't make a profit?

Answer: they won't be.

In the soviet union when they made doctors economically equal to janitors, they got too many janitors and a shortage of doctors.

People will not work for less than what their work is worth. Businesses will go under if they cannot make a profit because there is no reason to struggle hard for no extra gain. It has been the case of man since time immemorial.

Then why do these doctors go off to poor countries and give their medical expertise for free!?
 
Medicare and Medicaid patients only use PRIVATE doctors, and Private Hospitals, and Private Laboratories, etc I would presume this will also be the case with a future single payer health care plan for those under 65....if it ever got in to place?

as Far as the Health Insurance Industry, they will still be around...similar to Medicare, they will get in to the Supplemental Health Insurance policies more, and develop other areas of Business, they certainly would not just "give up", they would diversify more than they have already and give it their all to survive....if we ever went to a single payer plan.
Why do you think these outfits will be around if they can't make a profit?

Answer: they won't be.

In the soviet union when they made doctors economically equal to janitors, they got too many janitors and a shortage of doctors.

People will not work for less than what their work is worth. Businesses will go under if they cannot make a profit because there is no reason to struggle hard for no extra gain. It has been the case of man since time immemorial.

Then why do these doctors go off to poor countries and give their medical expertise for free!?
False premise that ability begets charity. Because they have the time and money to do so, that is why they give.

If they were working stiffs here who were struggling financially, Doctors Without Borders could not exist. Wealth and a charitable heart allow charities like that to exist.
 
Knowing that you're willfully ignorant and lack the curiosity to explore the costs of health care in America as linked above, allow me to post one paragraph from the NYT's:

"The United States spends nearly 40 percent more on health care per capita than its G.D.P. per capita would predict. Given the sheer magnitude of the estimated excess spending, it is fair to ask American health care providers what extra benefits the American people receive in return for this enormous extra spending. After all, translated into total dollar spending per year, this excess spending amounted to $570 billion in 2006 and about $650 billion in 2008. The latter figure is over five times the estimated $125 billion or so in additional health spending that would be needed to attain truly universal health insurance coverage in this country."

If the figures are accurate, would that change you opinion?

FYI, the reason health care in America continually goes up is because of advances in science and governmental regulations.

That's why one pill costs you $10.


If you want a country that still uses leeches move.
Nope. It's 3 fold.

The true reason on why Health Care Insurance and Healthcare costs have gone up, is because of government subsidies...they give you a tax break for buying health insurance, they pay for the health care of all seniors,
they fund nearly 50% of the R & D costs,
they give a tax break to businesses that buy your health care insurance plans....they pay for Medicaid to insure the poor....etc etc etc etc etc....

Do you REALLY believe that health care costs would be this high, if gvt had not been subsidizing it all these years?

Do you really believe there would have not been more resistance from the Individuals in the market place to higher costs if the subsidies were not there via the gvt?

In addition to this, Insurance industries take their CUT, for pushing the paper, and this can account for 30% of our health care costs.

and thirdly, due to so many millions without health insurance, using the emergency rooms as a doctor's office, and many of them not having the money to pay the hospital bill, has sky rocketed costs for all of us....the hospitals are trying to make up some of these loses by raising the price of health care insurance plans negotiated, and WE IN TURN pay for higher health insurance costs, to cover the uninsured, in part.

they fund nearly 50% of the R & D costs,

And yet the pharma companies claim 100% of the copyrights, driving up the cost of the medicines the government contributes at least 50% to develop and discover. True, the government lets them, but what would the response be if it didn't, if it regulated pharmas ability to profit from the investment of public funding? Charges of (GHASP!) SOCIALISM! Lions and tigers and bears, oh MY! Its all very well and good for corporations to take advantage of government funding and research (our money spent), but woe betide the soul who should suggest they should have any reciprocate responsibility for the hand up (our money returned with a little bit of interest).
 
The Bomb Buried In Obamacare Explodes Today-Hallelujah! - Forbes

This is the true ‘bomb’ contained in Obamacare and the one item that will have more impact on the future of how medical care is paid for in this country than anything we’ve seen in quite some time. Indeed, it is this aspect of the law that represents the true ‘death panel’ found in Obamacare—but not one that is going to lead to the death of American consumers. Rather, the medical loss ratio will, ultimately, lead to the death of large parts of the private, for-profit health insurance industry.

Why? Because there is absolutely no way for-profit health insurers are going to be able to learn how to get by and still make a profit while being forced to spend at least 80 percent of their receipts providing their customers with the coverage for which they paid. If they could, we likely would never have seen the extraordinary efforts made by these companies to avoid paying benefits to their customers at the very moment they need it the most.

Today, that bomb goes off.

Today, the Department of Health & Human Services issues the rules of what insurer expenditures will—and will not—qualify as a medical expense for purposes of meeting the requirement.

[ame=http://www.youtube.com/watch?v=17lkdqoLt44]The Gap Band - You Dropped A Bomb On Me - YouTube[/ame]

If you believe that the end of private, for-profit health insurance is some type of nefarious step towards a socialist society, then you might want to attend church this Sunday to mourn the loss of health insurers being able to worm out of covering the bills of a cancer patient because she forgot to write down on her application that she had skin acne for three months when she was a teenager.

roflmao, lucky me, I've been healthy this year, and so has my kid.

Same. In fact, I pay good money for good insurance that I rarely use.
 

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