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Old 08-12-2010, 09:10 AM
 
45,542 posts, read 27,152,040 times
Reputation: 23856

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Pre-Existing Condition Insurance Plan

This is concerning the rule changes for those wishing to be covered who have costly pre-existing health conditions.

Currently, as of July 1...

a new, temporary Pre-Existing Condition Insurance Plan program will offer uninsured adults with preexisting conditions coverage in special state-based "pools."

22 states have decided to join with the feds on this. 28 states and DC maintain their own pools for now.

Here's the problem.

The $5 billion that Congress appropriated for the program is generally recognized as insufficient to cover all those who may be eligible until the broader reforms take effect. Although Congress specified a number of requirements for the program, difficult decisions may still have to be made about who is eligible and what health care services will be covered in order for the plans to stay within the spending constraints.

...

The federal funding allotted for the new program will clearly not be enough to help all affected individuals get coverage. To fully meet the demand, Congress would have to appropriate more money. The CBO estimates that $5-$10 billion is needed in addition to the $5 billion already appropriated. Not surprisingly, given its cost, the new program has both supporters and critics.

...

Some observers note that as people gain coverage under the plan, there may be additional political pressure to ensure that the program will survive without restricting benefits or increasing premiums. That could prompt Congress to appropriate more funds for the program. On the other hand, recent concerns in Congress about raising federal spending without making offsetting budget cuts or increasing tax revenues are likely to continue. All these pressures make it difficult to forecast the future of the program beyond 2011.




There was a ruling made on July 30th that would permit adjustments to premiums, changes in the benefits the plans would be required to offer, limits on new applications, and other measures to limit program costs.

This rule is published somewhere, and is open to comment up until Sept. 28th. - and then there will be a final ruling later this year.

This is the way these types of regulations are written. They are vague and allow cabinet members (not legislators) to extract more money from tax payers by a wave of the wand.

They don't know how to run health insurance - they just want the power & control in order to shape society to their liking.
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Old 08-12-2010, 09:26 AM
 
Location: Great State of Texas
86,052 posts, read 84,442,711 times
Reputation: 27720
I have no sympathy for a crowd that believed we could offer subsidized healthcare to millions and MAKE money off it. The CBO has never estimated anything correctly but they do produce estimates that Congress uses to SELL their bill of goods to Americans.

Those folks at the CBO all need to be fired because they just don't know how to estimate correctly.
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Old 08-12-2010, 09:43 AM
 
45,542 posts, read 27,152,040 times
Reputation: 23856
Quote:
Originally Posted by HappyTexan View Post
I have no sympathy for a crowd that believed we could offer subsidized healthcare to millions and MAKE money off it. The CBO has never estimated anything correctly but they do produce estimates that Congress uses to SELL their bill of goods to Americans.

Those folks at the CBO all need to be fired because they just don't know how to estimate correctly.
On the CBO's defense, they may be working off of numbers they received from the legislators.

So if Pelosi, Reid, etc. give them bad estimates to crunch, the results will be equally bad.

Just a possibility.
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Old 08-12-2010, 09:51 AM
 
Location: the very edge of the continent
88,964 posts, read 44,780,079 times
Reputation: 13677
Quote:
Originally Posted by DRob4JC View Post
On the CBO's defense, they may be working off of numbers they received from the legislators.

So if Pelosi, Reid, etc. give them bad estimates to crunch, the results will be equally bad.

Just a possibility.
Yep. GIGO: garbage in; garbage out.
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Old 08-12-2010, 10:01 AM
 
30,058 posts, read 18,652,475 times
Reputation: 20860
Quote:
Originally Posted by DRob4JC View Post
On the CBO's defense, they may be working off of numbers they received from the legislators.

So if Pelosi, Reid, etc. give them bad estimates to crunch, the results will be equally bad.

Just a possibility.

Agreed. The left is truely insane if they actually believed that 30-40 million patients would be added to healthcare rolls and it would save money. I don't think that anyone would be that stupid. However, the constant insistence of this fable is like whistling while passing a graveyard and serves only to diminish one's sense of embarassment for being so gullible to believe the rubbish on Obamacare.

Any fool understands that this is a very expensive additional entitlement that will cost the tax payers trillions in additional debt.
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Old 08-12-2010, 10:15 AM
 
45,542 posts, read 27,152,040 times
Reputation: 23856
Quote:
Originally Posted by hawkeye2009 View Post
Agreed. The left is truely insane if they actually believed that 30-40 million patients would be added to healthcare rolls and it would save money. I don't think that anyone would be that stupid. However, the constant insistence of this fable is like whistling while passing a graveyard and serves only to diminish one's sense of embarassment for being so gullible to believe the rubbish on Obamacare.

Any fool understands that this is a very expensive additional entitlement that will cost the tax payers trillions in additional debt.
The article I posted estimates that 375,000 people will enroll on this plan.

Now if 375,000 can cause this type of reaction - I can't imagine the budget fallout for 10 times (or 100 times per your statement) that many people.
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Old 08-12-2010, 10:20 AM
 
Location: Raleigh, NC
20,054 posts, read 18,275,532 times
Reputation: 3826
I remember one poster in another thread was gleeful for these failures, somehow energized at the idea that the "capitalist" (not that it really is) healthcare system will collapse and UHC will emerge out of the crisis.

Progressive = Marxist
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Old 08-12-2010, 10:24 AM
 
69,368 posts, read 64,081,664 times
Reputation: 9383
Quote:
Originally Posted by DRob4JC View Post
On the CBO's defense, they may be working off of numbers they received from the legislators.

So if Pelosi, Reid, etc. give them bad estimates to crunch, the results will be equally bad.

Just a possibility.
actually the CBO projected higher costs, its just their reports were ignored by the left.
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Old 08-12-2010, 10:26 AM
 
Location: Oxygen Ln. AZ
9,319 posts, read 18,740,820 times
Reputation: 5764
I remember the million posts trying to tell the morons in favor of the health care bill that our premiums would rise and that there would not be enough money to fund this monster. If anyone in support of this nut job in the White House stand here and says they do not remember seeing and hearing Pelosi and Reid claim that this bill would lower our premiums is either stupid, educated beyond their capacity or a welfare sucking dweeb trading their country for a bowl of rice.
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