Obamacare's chickens are coming home to roost... (lobbyists, lobby, cost)

[MissTerri]

The people who support the ACA should personally pay for the bailout. Obama? Pelosi? Reid? Time to get out your personal checkbooks.

[HappyTexan]

Originally Posted by Goinback2011

lol.

Dems are mostly criminals whose only knowledge of finance is how to steal other people's money.

$250M for ONE company? Hey what a bargain this Obamacare is.

At the low end..$450 million at the high end.

It really depends on how many sick people signed up and how chronic their illnesses are and how much their ongoing care can cost.

We're in new territory here because there are no limits anymore.
Insurers can only estimate what chronically ill patients might cost them in a year.

[Dockside]

Damn, I hope the ACA doesn't fall apart. I was looking forward to all you millennials supporting me.

[Goinback2011]

I'm sure they counted on ripping off people working for mid-tier businesses too. You know, the businesses that O delayed the mandate for a week or so ago.

Yellen is going to have to print a lot more money.

[lionsgators]

you're not allowed to use the words "obama" and "chicken" in the same sentence. it's racist.

[Quick Enough]

Originally Posted by HappyTexan

The bill was written by the insurance industry and they gave themselves an out.

The last piece of the FIRE economy that we haven't blown up yet.

I don't think Ezekiel Emanuel, Rahm's brother, worked for the insurance industry.

[ntwrkguy1]

Originally Posted by HappyTexan

At the low end..$450 million at the high end.

It really depends on how many sick people signed up and how chronic their illnesses are and how much their ongoing care can cost.

We're in new territory here because there are no limits anymore.
Insurers can only estimate what chronically ill patients might cost them in a year.

Trust me, we won't see any discussion about "the low end". These companies will ONLY be fixated on a bailout that involves the high end.

[ntwrkguy1]

Originally Posted by nmnita

I don't know where hubby read this, but he was telling me last night, very few who signed up for Obamacare on line have even made their first payment.

It might have been this article. Apparently, 20% of the people haven't paid. Could we expect ANY different from something that has the name of the two-legged stool sample attached to it?

Good reason to question Obamacare enrollment tally

[pnwmdk]

Originally Posted by HappyTexan

And what is even worse is that none of the Dems want to touch this now.
It needs some fixing and they are running the other way.

You can't 'fix' an idea that's the opposite of "functional".

[Goinback2011]

How many insurers are participating in Obamacare, nationwide?

Mulitply Humana's bailout request by that number to estimate the total for this fiasco.