Discussion for article #230869
Fox News Headline: Insurance Companies unable to provide workers raises due to Obamacare requirements.
Now, if we could just get to single payer! The overhead costs for private health insurance have traditionally been in the 22% - 25% range, and the ACA aims to bring that down to under 20%. Thatās a good thing. But guess what the overhead costs are for Medicare. Itās something like 2%. No bloated executive salaries to be paid, no shareholders wanting dividends, no glamorous corporate office parks. Wouldnāt it be wonderful if most of our spending on health care actually went to, yaā know, health care?
āā¦consumers collectively saved as much as $2.8 billion in premiumsā¦ā
Itās your money.
New York already had MLR minima and rebates. And in New York, ACA compliant group 2 insurance was available to two-person corporations.
No More though! ACA āfixedā that. NO YOU CANāT KEEP YOUR HEALTH CARE!
Obamacare⦠what a wonderful āātrainwreckāā!!!
Huh?
The Supreme Court will soon see to it that the ACA is destroyed when they uphold Halbig.
Funny how thoughtful regulation and enforcement can benefit everyone. Americans are able to save more and thus spend more on other things in the economy they both need and want.
BTW, love the headline for this article. Finally they got the politics and the message right. A little more of that TPM.
Or not.
My reaction, as well. If a given insurance plan is ACA-compliant, you get to keep it. If you have a wonderfully cheap plan which, however, covers only bone breakage on the left side of your body that occurs on alternate Tuesdays in months with an ārā in their names, then no, you donāt get to keep it. But thatās because such a plan would not be ACA-compliant.
TRUE.
Under ACA, YOU CANāT KEEP YOUR GROUP HEALTH CARE AS A 2-PERSON CORPORATION.
You forgot about the elephant.
Only bone breakage caused by an elephant except in circus or zoo-related incidences. A wild elephant in its natural habitat only. Except in India or Africa. Only North American elephants. (Does not cover fossil mastodons or mammoths, or living cloned mastodons or mammoths born after 1975.)
Oh my God that damned dirty sneaky Kenyan LIAR! /rolleyes
What utter nonsense!
Obamacare āreducesā some premiums by increasing others. My wife and I have a āBronze Planā with a 12,000 deductible. We are both healthy 63-year olds (only 2 more years of this); we donāt smoke, but I make >150K per year. Monthly premiums $1,574. $18,888 per year. Far more than the 8% target. Iām sure weāre subsidizing those folk reporting only small increases. Our increase from a very similar policy (which cancelled for unspecified āObamacareā reasons) almost doubled.
Sorry, but your comment doesnāt pass the smell test.
No, thatās about right if the poster lives in a very high cost area, such as New Jersey. In normal places, the cost would be around $1,000 or less for a 63 year old couple.
Cancelled by Obamacare probably because of some serious loophole that would have left you high and dry had you needed it. If you still have your old policy and some time on your hands you may want to read through it very carefully.
Yes, I think heās seriously confused. Under Federal law, any company with 2-50 employees (including owners) is defined as a āsmall employer,ā and is eligible for group health insurance.