Another Obamacare Victory, $147,000,000 In Savings.

[Phil306]

Originally Posted by ovcatto

From the left-wing socialist Forbes Magazine...

A key aspect of the Affordable Care Act that allows young adults to remain on their parents’ health care plans until they are age 26 has “shielded them, their families and hospitals from the full financial consequences of serious medical emergencies,” new research shows.

This portion of the law, which went into effect in September of 2010, and has been one of the legislation’s most popular early features, made $147 million in medical care service in hospital emergency departments covered by private insurance during a one-year period, according to research led by the RAND Corporation and the U.S. Department of Health and Human Services. The research is published in a study in the May 30 issue of the New England Journal of Medicine in a “special article” released this evening.

Obamacare Shields College Kids From Emergency Medical Costs - Forbes

Which has been off set and made into a negative, by continually extending unemployment (funemployment for these same under age 26) benefits.

Unemployment benefits cost: $520 billion - Nov. 29, 2012

A Year or More: The High Cost of Long-Term Unemployment - 2012 Update - The Pew Charitable Trusts

Next?

[Iamme73]

Originally Posted by Phil306

Which has been off set and made into a negative, by continually extending unemployment (funemployment for these same under age 26) benefits.

Unemployment benefits cost: $520 billion - Nov. 29, 2012

A Year or More: The High Cost of Long-Term Unemployment - 2012 Update - The Pew Charitable Trusts

Next?

This comparison makes no sense. Those two things have no relation to one another. We had a devastating amount of job loses before President Obama was sworn in. We were losing nearly 800,000 jobs a month.

The unemployment spending was going to significantly increase no matter what, so the savings that have been given to American families because of the ACA bill has nothing to do with unemployment benefits.

Just a completely irrational comparison.

[freemkt]

Originally Posted by Jasper03

They always have an excuse to raise rates...bunch of con artists. Remember they have to keep their shareholders happy!

They can raise rates but they can't give windfall profits to shareholders because they have to spend 85% of premiums on care or rebate excess profits to policyholders.