Article

2016-05-06 Economy

ObamaCare Insurers Considering Dumping Bronze Plans

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Posted by DarthVader 2016-05-06 11:09|| || Front Page|| [11130 views ] Top

#1 The lurching failures towards single payer continues.

Posted by DarthVader 2016-05-06 11:10|| 2016-05-06 11:10|| Front Page Top

#2 They sold the Iran deal with lies. They sold ACA with lies. We keep letting them. Though I suspect a driving force behind Trump's success is anger at being lied to (for that matter, Sanders' success as well.)

Posted by Glenmore 2016-05-06 12:14|| 2016-05-06 12:14|| Front Page Top

#3 If insurers do drop their bronze plans, it would have the effect of further destabilizing the marketplace...That's because [young and healthy] enrollees, which tend to be lower-risk and want the cheapest plans, will likely leave the marketplace altogether, further depleting the exchanges' share of healthier enrollees.

Surprise?

Posted by Pappy 2016-05-06 12:29|| 2016-05-06 12:29|| Front Page Top

#4 In order to achieve solvency, the ObamaCare exchanges require 40% of their customers to be young and healthy enough to pay large sums over time into the markets without taking out much in benefits. However, currently only about 28% of ObamaCare customers are young and healthy enough to keep the system afloat.

Revenue neutral, eh? Anybody ask Champ or Queen Nancy why this isn't working the way they said it would? I wouldn't believe it, but I'd like to see if they squirm when they lie.

Posted by Bobby 2016-05-06 13:52|| 2016-05-06 13:52|| Front Page Top

#5 However, currently only about 28% of ObamaCare customers are young and healthy enough to keep the system afloat.

Even with as F-cked up as our educational system is, Some young people still can manage basic math.

I guess there may be some hope after all.

Posted by CrazyFool 2016-05-06 14:43|| 2016-05-06 14:43|| Front Page Top

#6 Some young people still can manage basic math.

Consider as well the requirement for the insured to pay for aspects of healthcare that the insured cannot, or may never, use. Any other industry who 'padded' a product would be sued.

Posted by Pappy 2016-05-06 15:18|| 2016-05-06 15:18|| Front Page Top

#7 40% of the U.S. Population isn't young and healthy.
I have found the crux of the biscuit, no?

Posted by Shipman 2016-05-06 15:49|| 2016-05-06 15:49|| Front Page Top

#8 Pity they never tried Interstate Competition (oh, look, garlic and crosses)
Which significantly reduced the cost of every other type of insurance and delivered better products.

Posted by Jort Wittlesbach4106 2016-05-06 16:27|| 2016-05-06 16:27|| Front Page Top

#9 Interstate Competition might actually help Solve The Problem.

That was never the goal of Obamacare. How can they get everyone to swallow single payor whole if they go and reduce cost?

Posted by CrazyFool 2016-05-06 16:42|| 2016-05-06 16:42|| Front Page Top

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