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Thanks Harry, you've exempted the entire state of Nevada from Obamacare.
Late Friday, the entire state of Nevada, represented by Senate majority leader Harry Reid, was given a waiver:
“The Health and Human Services Department announced late Friday that Nevada had secured a statewide waiver from certain implementation requirements of the Obama administration’s health care law, because forcing them through, the department found, “may lead to the destabilization of the individual market.”
The announcement makes Nevada one of only three states to have compliance requirements under the health care bill waived.”
Sounds like a typical Democrat to me... He and Pelosi were so busy telling everyone what a wunnerful idea ObamaCare was, how it would save States and the FedGov money, and help millions of poor people, and they were going to pass it no matter how many people were against it, ... um... er... I guess he meant it fer all dem poor peeples in dem 'uther' states.
He and (NE Senator) Ben Nelson need to get together. Maybe he can get kickbacks for Nevada while he's at it.
I don't trust any representatives that pass a law that doesn't apply to them as equally as their constituents, or to everyone equally. No one is 'more equal' than anyone else - unless they are living in Animal Farm.
Let us not start the partisan rhetoric. The waiver deals only with the 80% requirement for insurance companies.
Quote:
The change is less the feds giving underperforming insurance agencies a free pass than buying time for providers to shape up, or policyholders to ship out with reasonable warning time: Nevada has no law that says if you lose insurance because your insurer shuts down, another company has to pick you up. To prevent that, Health and Human Services determined it had to “provide the opportunity for plans with low ‘medical loss ratios’ to adjust their business models to reach 80 percent” with the reduced, 75 percent mandate for the rest of 2011 — that being the average medical loss ratio that the state’s top 10 insurers currently post.
Here's a link to a story about this - not sure why a link wasn't given by the OP.
And the thread title is erroneous - Nevada isn't "exempt" from the health care act. It's a waiver, and a temporary waiver at that. From the article I linked to above:
Quote:
Nevada’s Insurance Division had appealed to the feds to reduce the federal requirement that health plans serving people who buy insurance on their own must spend at least 80 percent of the money they collect on medical expenses. Under the national rule, companies that don’t spend that percentage of revenue on medical costs have to cut policyholders rebate checks starting this year.
Nevada asked that requirement be reduced to 72 percent for one year, arguing that top insurance providers would be so strapped to make the payments that they’d exit the state market.
Health and Human Services didn’t fully buy that argument, but did agree to reduce the requirement to 75 percent for a year, expressing concern about what might happen to people with policies from insurers Golden Rule and Aetna if they didn’t.
Together, Golden Rule and Aetna cover 24 percent of Nevada’s insured; but they, along with Sierra Health and MEGA, which cover another 4 percent, are spending nowhere near 80 percent of revenue on health care coverage.
LOL..anyone care to guess how Nevada will vote in 2012 ?
Buying votes..one state at a time !
If you probe Nevada voters on the number who can explain the impact of a change of the insurance pay out requirement from 80% to 75% I suspect that all of us who understand the issue will not have our vote effected.
The other 99.95% will do whatever they think correct.
If you probe Nevada voters on the number who can explain the impact of a change of the insurance pay out requirement from 80% to 75% I suspect that all of us who understand the issue will not have our vote effected.
The other 99.95% will do whatever they think correct.
They sent Harry back to DC. They know who "loves them".
If you probe Nevada voters on the number who can explain the impact of a change of the insurance pay out requirement from 80% to 75% I suspect that all of us who understand the issue will not have our vote effected.
The other 99.95% will do whatever they think correct.
Do you believe that laws should apply equally to all, or only to the non-politically connected?
LOL..anyone care to guess how Nevada will vote in 2012 ?
Buying votes..one state at a time !
The vote will be the same as it always is. Rural Nevada (the vast geographical majority of the state) will vote conservative with a strong Libertarian leaning. Las Vegas and Reno (read that as a huge number of transplanted liberals that fled the mess they created on their home states only to do their level best to turn NV into a lighter version of their former residences) will vote liberal.
For what it's worth those of us that call rural NV home have been doing our level best to retire Reid for quite some time. He certainly doesn't represent the majority of our beliefs or concerns.
If Reid has done one thing in his entire pathetically partisan political career right obtaining a temporary exemption might be it. Hopefully the mess that is Obamacare can be overturned before the exemption expires.
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