ACA costs finally hitting the insurance companies.
 

When the ACA was rammed through the system one of the predictions of rising costs is now beginning to show it's ugliness.

These insurance companies have been adding people as directed by the ACA. These additional people add to the number of incidents that need to be paid for by the insurer. As the losses get to a point where they are no longer able to offset or sustain the losses the only options they have are to discontinue/go out of business (which some have done) or raise prices, which we will all see.

It was forecast the ACA was significantly under estimated in cost impact to make it saleable.
That is over.

News from The Associated Press

The cheapest and best quality health care are what you have today and the prices will continue to rise and the quality and availability of the care will continue to deteriorate.

To all who think it was a good deal you were right for a couple of months. Congratulations on your new no longer affordable health care!!!

Another reason to vote for anyone BUT the two socialists from the Democrat party. At least there is a chance of a GOP win that will get rid of ObummerCare. What disaster! And the Dems wanted the Republicans to compromise on it. Why? So that they could give some of the blame to them for how screwed up it is.

Vote Libertarian and you won't have to worry about a whole lot of "bad programs". From either side. They don't think government is your mommy and daddy.

Problem is, we're well down the slippery slope of no return. The inmates are running the asylum.

Obamacare is not an issue for anyone on Medicare....it really doesn't affect us.

Part of the issue is many of the people who can now afford healthcare were sick...so they will access the system more.

The issue will in fact affect us all medicare or not.
There are only so many doctors and so many facilites and all those who qualified under the ACA added to the existing system.

You will see longer times to get an appointment.
Longer waits in the waiting rooms.
Doctors whose allowances under medicare, which were low before, will go down more; hence doctors will be leaving the system.

You want parity with the coverage you have today? You will have to take additional supplements to cover the costs. At a substantial premium. Through these supplements one will be able to access care not available to the average American.

The coverage and quality of care one gets today is the best and least expensive it will ever be from here on out in time.

Fewer insurance companies.
Fewer doctors.
Same facilities.
Millions more added to the same system.

Anybody who thinks they will not be affected is not fully informed. And may not want to be. That does not change the outcome today or in the future.
Oh by the way this was all known and discussed before the Obama ram it and jam it team of Pelosi and Reid pushed it through.

Remember Pelosi's very famous, very stupis comment? Let's get the bill passed and then we will see what is in it.

Time to bend over America and that is not for a medical procedure either!!

Not everything is about YOU!

The ACA was passed on March 23, 2010. That is actually more than a couple of years.
https://www.washingtonpost.com/busin...P_gallery.html

Take a good look at the rate increases before the ACA. You think the health insurance companies increasing their rates is a new thing.

Haven't the Republicans been trying to stop the penalty for not having health insurance? What did the insurance company say in the article? People are signing up for coverage, when they incur a large medical expense. That is what the Republicans encouraged, so they could justify trying to repeal the ACA.

Isn't it easier to fix the law rather than repeal it, because of who proposed it?

Typical Right Wing Response, Chicken Little the Sky is Falling response.....

But it is!!!!

Bull hockey! Your ancestors probably said the same thing about Social Security and your parents said it about Medicare. Without the two of those programs, America would have seniors with no income at all or seniors with no way of paying medical expenses.

ACA is an excellent program and has helped millions of Americans obtain health insurance - with pre-existing conditions not being a exclusion.

Doctors are not leaving in droves, plenty of medical school grads.

Wow, how did Americans EVER survive without socialist programs? I wonder if self-reliance had anything to do with it? Tell me, is Social Security so good that it pays for a home in The Villages?

ACA sucks! It has cost everyone, and those that do qualify for it, have to pay higher deductibles than ever before. Those that have private insurance have had giant increases in both deductibles and co-payments, not to mention giant increases in premiums. And how many millions still don't have health care? What happened to all those promises? Not only is it cr@p but it is also going to cost trillions to the deficit. On top of everything else, because of ACA, aka ObummerCare half a trillion bucks was stolen from Medicare, which is cr@p already.

I do not mean to disparage you, but you do not know what you are talking about. ObummerCare is a disaster that will cost us dearly unless we get a Republican in there that has the guts to get rid of it. And no, we do not need it. Medicaid can be adjusted to take up some slack and some new changes in regulations can bring down the cost.

Some Americans do not survive social programs. As for buying a house in The Villages with SS - no. However the same extra $1650-3000 per month is nice gravy. There are lots of people just outside The Villages who have nothing more than their $1500 per month or a spouse died and they now get half.

My health insurance went up $6 per month this year and I have a $15 copay. How many million now have healthcare than before? 30 million.

Why don't you put up figures that support your argument?

Figures were put up on a prior post that supports the complete opposite.

In my opinion it will effect anyone who pays taxes. The government will end up paying the difference in cost ; if indirectly. My cost for medicare ...that I paid for all my life, is already much higher as a result of ObamaCare. They shifted funds out of Medicare to make Obamacare "look" affordable when it was instituted.

And the insurance companies did not raise their prices as many of the new horde in fact got government subsidies. They wanted an environment that APPEARED to be new sign ups friendly cost wise.

Well now after a couple of years with millions more on their roles, and millions more pre-existing conditions and up to 24 year olds....the number of claims to be paid has sky rocketed. Bleeding the insurance companies. Now it is their turn. Some have closed up shop. The biggies like Unoted Health Care just say here is where we will be and here is where we won't be and here is the price....take it or leave it!!

As expected from day ONE!

I, for one, am NOT crying for the Insurance Companies....that stopped when they denied coverage for a newborn baby saying it was a PRE-EXISTING condition.

Baby Denied Medical Coverage While in Womb: 'Good Morning America' Gets Answers from Health Insurance - ABC News

They have been making out like bandits for years bleeding us dry. I spent $800.00 a month as a retiree for healthcare until I got on Medicare.

https://www.publicintegrity.org/2015...ness-customers

Finally ! After all this time someone has clearly and empirically explained it to me ! Now I see the light and the wisdom ! Thank-you !!!

Anyone that thinks Social Security is a good deal for ANYONE but the government is either uninformed or just plain stupid.

The problem the Lobbists spread the honey and the insurance industry wrote the aca. The dumb democrats didn't even read it, do we remember her "we got to pass it to see what's in it!

The only way it will work is GET RID of ALL insurance companies and have single payer the government that can control costs and regulate th system. INsurance is nothing more that legal racketeering For CEOs lobbyist and your elected officials (lying $$&&$ criminals that should be hung)

This system Is FUP there Is NO FIX for it. It was bad before now it worse.

WHAT??? You want government to be completely in charge of insurance companies? I always thought you meatheads wanted less government control? I guess you want it only when it is your best interest, huh?

You want figures to support the argument? No need. Just ask anyone that has insurance how much they pay for it now. My daughter has private insurance and the deductible went up thousands of bucks. I don't have deductible and my premiums went up 20+%, my hospital copay went up 50%, doctor's copay went up 20% and my wife's prescriptions went up 20%. How many still do not have health insurance? How many are being counted as having insurance now that didn't need or want it before? How many lost their insurance and had to use ObummerCare to get new coverage, due to a gov mandate that they purchase a service (Unconstitutional regardless of Supreme Court decision)?
United Health Care has just dropped out of ACA because of it's huge losses. Obummercare is stealing half a trillion bucks from Medicare to help subsidize it's huge expense.

So, liberals can pat themselves on their backs for ObummerCare all they wish but all the while they are ignoring reality.

ObummerCare figures are being falsified just like the real unemployment numbers, and liberals are so full of cr@p that their eyes are clouded and reality is "teen mothers" and "dancing with the has beens."

That is right. When numbers don't support your argument ignore the numbers. You think that insurance companies weren't raising their rates at a much higher number than inflation than in the past! Then, you didn't live in the real world. Again, take a damn good look at the charts provided on a previous post that shows you the rate of increases before the ACA.

I dealt with health insurance companies, when I was in the real world. We went from having the best plan that BCBS had to either a PPO, or an HMO. The rates increased 19.3%, 12.5%, and 17.9% over a three year period. Over a 15 year period, they never increased less than 7%. Take a look at the first post in the thread, he gives the impression that insurance companies raising their rates is something new.

How many people that don't have insurance are in Republican controlled states that did everything they could to make sure the ACA failed? Many people in these Southern states the uninsured would qualify for Medicaid under the ACA. Most of the cost for these people would be picked up by the federal government. That didn't stop these states from crying poor mouth. Did it? When your hatred for Obama trumps the welfare of your citizens, you really have something wrong with you.

Nobody needs health insurance until something happens to them, and then they do. Need! What is your definition of the word "insurance".

How many people lost their health insurance, because their former plans were just plain garbage? Most of these people got better plans at a cheaper rate.

The ACA isn't perfect, but it the problems won't be corrected. As soon as there is an attempt to correct the problems "repel and replace", there will be no replacement. Anybody with a brain in their head knows this no matter how many times Republicans parrot the phrase "repeal and replace". So, we have to live with a flawed law.

Reality! You want to know reality? Well, here it is. The Supreme Court has ruled that the ACA is constitutional, but you are stating that the ACA is unconstitutional, because the Supreme Court doesn't know what it is talking about. We should listen to you! Why

Excellent post! It was so hilarious that Crapweasel's pick for Chief Justice was the deciding vote on the constitutionality of the mandated ACA and now it is the LAW!

No Republican has come up with a full fledged replacement idea.

BS!

You mean no republican came up with anything the dems in charge wanted to hear.

There is no doubt the better option was to do nothing. With all it's warts and ills, the existing system worked.

As for the adding of what ever category the dems wanted to convert to votes, blacks, illegal aliens, pre-existing conditions, kids under 24, etc......the dems could have easily come up with a program to accomplish their goal....what ever that happened to be.

To attempt to completely change an item of the financial impact on the economy that the entire hair brained ACA scheme attempted to embrace was nothing more than a notch on Obamas twig of fame.

When he told Pelosi he did not care about the details of the plan just get something passed. And then when Pelosi said let's approve this bill then we can read it and see what is in it.

The warning signs were all over the place but between the Obama ram it and jam it team and the democratic amplifier called the media the usual do not we the people had one pulled over their eyes in plain sight.

Nice try, but your ignorance doesn't make it fact. Republicans did come up with a cheaper and more viable alternative to improve health care. I read a lot of documentation when there were arguing Obummercare. One such alternative was put out by Sen Burr. I read it. It was posted on his website. I also read ALL of ObummerCare before it was passed. It was edited so many times, it was hard to keep up with it. Unlike congress, I read it before it was passed, and I say how bad it was going to be. I am glad that thanks to Palin, they took out the part about the appointed board that would decide whether or not you would get the treatment you need. And yes, it was in there. If my other hard drive hadn't crashed, I could give you a copy of the old version before it was edited. At any rate, there was alternative health care bills, that NEVER got voted on because Pelosi and Reid wouldn't allow it. So, now that you have been corrected I hope you will do something to contribute on this forum more than just parrot other liberals. Learn some facts instead of hearsay. By the way, Obummer promised to lower the cost of health care, and the fact is that it went up substantially. He knew it was. He wants it to fail so that liberals can get their gov controlled socialized health care.

The US Supreme Court DID NOT APPROVE THE " ACA ". They ruled that the Federal Government has the right to impose a Tax and that your ACA Premiums are a " TAX " .

:agree:..........:thumbup:

"If my other hard drive hadn't crashed..." :loco: Yeah, did the dog eat your homework, too?

What the government did for housing they did for insurance, eliminate underwriting rules and eliminated pre-existing conditions. In both situations people were covered who never should have been qualified. The left keeps equating profits as being dirty. There upside down economic model continues to deter the economic recovery which was rebounding in 2009.

corporations are flush with cash but use it to buy back their stock vis a vis investing. Frankly given Obama's economic miscalculations business are laying off people and will just hold because of the over regulation by Obama's policies and the uncertainty in todays'market.

the FED is working in concert with Obama and its policies benefit rich investors ( fat cats) (1%) (strawmen) Hillary, Bernie and Obama blame for the worlds problem.

Meantime rich people get to use cheap money belonging to the ( 99%)
So because of QE and because of no interest txapayers are caught and small investors (retirees) are more than likely paying the bank to hold their savings.

Socialism Obama style is what the progressive party stands for. They want a single payer plan for insurance because as human being whey believe they entitled to free health care. but noting is free. and they forget that binary equation of where there is a right there are responsibilities. they don't practice that last part of the equation. Free is broadly defined for them. they will spend the country broke for free stuff

Personal Best Regards:

ACA premiums are a TAX. Where did come up with this? People that do not pickup health insurance will pay a penalty. This penalty is a tax. Premiums aren't being taxed.

This wasn't the only challenge to the ACA that made its way to the Supreme Court.
Supreme Court upholds ACA, defies partisanship: Column

Read Chief Justice Roberts comment in the article, "do not expect the Supreme Court do make the ACA unconstitutional." Congress is going to have to repeal it. The ACA is the law of the land.

You can't really believe your last paragraph. The Democrats want a single payer system, because everyone is entitled to free healthcare.
The Facts About Rising Health Care Costs

The total cost of healthcare is right now is well over 3 trillion dollars a year. You are going to add 3 trillion to the federal budget, and not increase taxes. That is a nice trick. Single payer isn't going to happen, and anyone with a brain knows this.

The Democrats want tax reform. When "W's" tax rate changes expired, Obama didn't renew it for people in the 39.6% category, and the Republicans yelled foul. Tax reform isn't going too happen, because Republicans don't want it to happen unless the changes don't increase the total amount collected. You know "the don't increase tax pledge that they signed".

The Fed is to blame for the top 1%, and corporations not paying taxes. The Fed didn't write the tax laws that benefit the 1%, and corporations.

Given the current state of politics, anyone, who thinks that things will get better with the next president, is living in a dream world. In my dream world, John Kasich will get elected president. Then, things will get better, because the political environment will get better. Here's hoping.

The "Fed" IS the 1% and yes, indirectly, they DO write the tax laws that benefit the 1% and corporations. They pay money to candidates "campaigns" and when they're elected, they're repaid with having their guy appointed at the SEC or the IRS, or wherever they want influence.

Things won't change ONLY because people are stupid sheep who without fail, keep voting for "their D or R guy" who works for them, not us. We're too stupid to realize...hey, there IS another guy I can vote for, who isn't the lesser of two evils!

It's not the state of politics, it's the stupidity of people that keeps this system going. People are very gullible, they know this, they're professional manipulators.

John Kasich is an R, if he gets elected, nothing changes because "their guy" got in.

ONLY a third party candidate has ANY hope of changing anything...until they kill him off.

The entire "system" is fixed and we can't change it. Unless we band together and vote them ALL out replacing them with NON-crooks! It's the parties that corrupt everything. Vote out both parties. Not only no incumbents, no Ds or Rs!

Fiasco
 

It has become very clear to many that the ones opposed to this fiasco were right all along.

You say, "Yes, but people have insurance now that could not afford insurance in the past." True and not so true. What about the deductibles nobody wants to talk about?

Now, look at the other side of that coin. Many, many people have dropped their insurance and are uninsured because they can no longer afford their plans and cannot qualify for the plans on the exchanges because they make too much money or are actually employed. Now, these people are forced to forego health insurance in order to pay rent/house payments, auto insurance, college tuition for their kids, groceries, medications, and the list goes on.

So, just exactly what did it fix? Reminds me of a dog or cat chasing its tail. Round and round it goes.....one group loses and one group gains. Wasn't that how it was before? Some have and some don't?

I, for one, think that insurance companies should be:

1) Required to compete nationwide for business

2) Required to spell out how much they will pay per claim for hospital stays, tests, surgeries, etc. Itemize!

3) Required to pay claims in a timely manner without picking and choosing what they pay (you collect premiums, you pay)

Get rid of all the medical advertising on TV and in magazines that require prescriptions in order to bring down the cost. Let them offer the meds for less because they are no longer spending obscene amounts to advertise. If they want to advertise over-the-counter stuff, go for it. Bring down the cost of PRESCRIPTION MEDS, though, by NOT advertising them.

Bottom line is that ACA was a bad idea from the start made worse by people who did not know what they were doing, never even read the final draft passed in in the middle of the night on a partisan vote. We have been living this nightmare since its inception in 2010 and we still have some hanging on to the bow of the ship saying its workable as the ship sinks into oblivion

:agree:...simple and precise answer.

Gotta love it when liberals scream about how unjust it is that some folks are rich and won't share it. Got a news flash for you idiot liberals, because the rich are paying ALL the taxes, you are getting the benefit or their wealth. Shoot, anyone making $50K or less with a wife and two children does not pay taxes. Almost have of you liberals are skating free and clear of paying taxes and you want to scare the rich away or punish them for supporting your @ss? Corporations pay more taxes than the rest of the world. They are also making it easier on you that don't pay income taxes. And don't forget that anyone with a 401K or other retirement investments are reaping the benefit of big business in their pensions. So, you want to shut down Wall St? Good for you. You can work on a community farm somewhere for the rest of your life and not have a retirement.

You are talking like the clueless Republican that you are. I am retired. Anyone that isn't far right is a liberal. Why don't you look up the number are large corporations that are paying nothing in federal income tax. So, the rest of the world's corporations are paying less than nothing. I guess that makes sense to someone.

You get the prize for making statements without any supporting facts. Please, Please show us one article that states that anyone wants to shut down Wall Street.

Working on a community farm has to be better than the place that you worked, which was a funny farm.

Excellent post. :eclipsee_gold_cup:

So ALL corporations are NOT paying taxes? Give me a break!

2015:
Payroll taxes paid jointly by workers and employers: $1.07 trillion, 34% of all tax revenues.
Corporate income taxes paid by businesses: $341.7 billion, or 11% of all tax revenues.

47% of tax revenues is from individual income taxes. So, if the top 50% are paying 47% then the wealthy and OWNERS of corporations are paying most of the taxes.

Yes, there is a war on Wall St. Bernie wants to regulate Wall St. Occupy Wall St wants to shut them down. Hillary wants to regulate Banks and Wall St. And you say, "give me proof or I won't believe you." Blah, blah, blah. The writing is not on the wall, it's on the Bill board in flashing lights.

And yes, retirements come from investments, business investments. So friend, I've got your "funny farm" right here.

"All corporation are not paying taxes? Give me a break." Why should I give you a break? You put words in my mouth, and then go off on a rant yelling about things that I never said. this isn't the first time that you have done this. Taking things out of context is bad enough. Ranting about things a person never said is taking that to a whole new level.

The thing that set this whole thing off is a person stating that a family of four making less than 50K don't pay taxes. Why didn't you correct him? If one of your own party makes a stupid statement, you just let it pass.
Why didn't you tell him that people pay social security, Medicare, state income taxes for most states, property taxes, sales taxes, gasoline taxes, tax on booze, smokes, and whatever else the federal government or states can think of?

Payroll taxes paid by corporations are built into the price of the goods they sell. So, people are the real ones paying all payroll taxes.

I think that your math is a little fuzzy. We are talking federal income tax only. 11% is paid by corporations as you stated. Romney stated that 47% don't pay federal. income taxes. That means that 53% of the people are paying 89% of federal income taxes.

The owners of corporations are stockholders. All businesses aren't corporations. I am not sure if you are including businesses in with corporations. Doesn't matter. The top 42% of real live people (53% less the 11% paid by corporations/businesses) that are paying federal income taxes aren't all wealthy. The vast majority of them aren't.

Stopping banks, and Wall Street from causing another 2008 recession is a war! If it is, it is a war worth fighting given the consequences of not acting. Is that in bright lights on your billboard? Are the bright lights you are seeing are the ones that Wall Street wants you to see, so they can continue to act in an irresponsible matter with regular people with money in retirement plans suffering the consequences of their bad investments?

While we are at it, why is a family of four making less than 50K not paying federal income taxes? You want to call them deadbeats, but who made them this way? Probably the last Republican president, and the current one that kept a good thing going.
Bush Tax Cuts Explained: Facts, Costs, Tax Rates, Charts
This article is coming from that liberal organization Heritage Foundation.

Next time, you try to provide proof, you probably should see if your proof makes sense. Then again, why break a bad habit?