Sounds like the federal exchange will be self-sustaining. There goes any talk of Congress defunding its operations.
YOU guys are so f...king STUPID when it comes to health insurance financing!
Dumb fu...KS read what the people who make the premiums are telling you!!!
"The result ObamaCare which today McKinsey & Company commissioned a survey of 1,329 U.S. private sector employers to measure their attitudes about healthcare reform concluded that
30% of all companies would stop providing health coverage once Obamacare kicked in in 2014.
US employer healthcare survey | McKinsey & Company
US employer healthcare survey | McKinsey & Company
And any of you idiots who think the "insurance exchanges" will replace this??? You know NOTHING about how health insurance works!
It was NEVER the insurance companies fault... they just passed the costs on by raising premiums!
Then Obama care does away with "pre-existing conditions" and NOW insurance actuaries are telling us they have to take that in account and therefore the actuaries that calculate the premiums are saying the following for private insurance not employer!
A nationwide study conducted by Milliman Inc. for the Society of Actuaries found that nationwide the premiums in the individual market would increase from 8 to 37 percent in 2014
with a cumulative increase of as much as
122 percent between 2013 and 2017!!!
THERE will BE NO insurance companies! That's Obama's stated plan!
AND guess what you dumb f..ks!!!
$100 billion MORE A YEAR will be gone from Federal/State/Local TaXES including your local property taxes because these insurance companies CAN'T make a profit!
AND YOU dumb f...ks don't know that STATE INsurance regulations require RESERVES dummies! Reserves to pay CLAIMS dummies!
Without Profits dummies... there ARE NO RESERVES...HENCE NO insurance companies!!!
NOW you dumb f...ks! Where do you think the $100 billion will come from????
YOU!!! Suckers!!!!
YOU've all been so assbackwards on this!
Insurance companies ONLY pay the claims at a rate RIGHT now of 80% of premiums go out in claims!
Why are claims so high???
1) $600 billion a year in defensive medicine because health providers are afraid of being sued, they duplicate tests, call in specialists!
2) Medicare pays sometimes 6,000% more then they have to because THEY know hospitals are seeing uninsured and hospitals pad and pass this on!
Between the two.. If lawyers were charged LIKE Tanning salons were in Obamacare 10% of their $100 billion a year the TRULY 8 million "Uninsured"
would be covered and hospitals wouldn't pad and pass. Physicians wouldn't be so fearful of lawsuits as the tax would decline as the $600 billion declined!
Easily American health care costs would drop by $100 billion a year with coverage for the truly 8 million uninsured and lawyers taxed for defensive medicine costs!!!