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Actually it was phased in subsidies, each year a little less. As the subsidies decrease, so do the plans offered.
Also, every plan offered has to go to a states doi for approval. That includes benefits and premiums
Yes, I generally recall there was a phased-in decrease, but I don't remember the details.
You are exactly correct that the health insurers have to submit individual plans to each state's insurance commission annually (they go out in the springtime). That's how we know BCBS has filed for increases as much as 60% both in New England (CT, I think) and the Rocky Mountain Region. Big increases like that have a way of leaking out...
O has been looting the Treasury since 2009. His administration is a crime organization.
Hey, the political class (politicians) have become the most successful crime syndicate in history.
Quote:
Originally Posted by Mouser
as Gruber is quoted to say..."the stupidity of the American voter"
Even after all the facts, all the proven lies, all the corruption that has been uncovered... those same voters still prefer being lied to than be told they're being lied to.
Yes, I generally recall there was a phased-in decrease, but I don't remember the details.
You are exactly correct that the health insurers have to submit individual plans to each state's insurance commission annually (they go out in the springtime). That's how we know BCBS has filed for increases as much as 60% both in New England (CT, I think) and the Rocky Mountain Region. Big increases like that have a way of leaking out...
They make no bones about it.
I worked in the industry for many years. I left the industry and went into consulting right as the Aca passed. I read the bill. I knew what was going to occur.
Payors were incentivized to offer plans. They did. Many states expanded Medicaid. Everyone cheered. Yay!
The bill was a joke from the start. It was sorta set up, subsidiarialy, like MA plans. However, the difference is MA plans are networks. That was a result from the Pffs push in 2005. That's allows the pooling and risk to balance out, or, in short, helps contain cost by spreading risk.
Individual plans are just that.
Lesson to be learned? Listening to anyone from Washington on healthcare delivery at your own peril. They have no clue how it operates.
Medicare for all is unfeasible. Only way to make that work is about a 400% rise in deficit spending... Which is the only reason Medicare is funded now; deficit spending.
Medicare for all is unfeasible. Only way to make that work is about a 400% rise in deficit spending... Which is the only reason Medicare is funded now; deficit spending.
Despite the FACT that other countries do just as well providing healthcare, and for HALF the cost....
Somehow this is beyond us, so we shouldn't even try it.
Uh huh.
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