Obamacare cost...

[All-American]

The House sues Obama on Obamacare.

http://www.cnn.com/2014/11/21/politi...Most+Recent%29

[imanihonjin]

The House sues Obama on Obamacare.

http://www.cnn.com/2014/11/21/politi...Most+Recent%29

What a stupid political move.

[SoCalCoug]

Tecnically they sued the Secretaries of the Treasury Department and Health & Human Services Department.

And it took so long because they couldn't find any law firms who would take the case. That's the hallmark of a winning case, isn't it?

[All-American]

Tecnically they sued the Secretaries of the Treasury Department and Health & Human Services Department.

And it took so long because they couldn't find any law firms who would take the case. That's the hallmark of a winning case, isn't it?

It might have taken that long to find a firm whose lobbying arm didn't conflict them out.

[Uncle Ted]

Adding this the "Harvard is overrated" file...

Harvard Ideas on Health Care Hit Home, Hard

For years, Harvard’s experts on health economics and policy have advised presidents and Congress on how to provide health benefits to the nation at a reasonable cost. But those remedies will now be applied to the Harvard faculty, and the professors are in an uproar.


Members of the Faculty of Arts and Sciences, the heart of the 378-year-old university, voted overwhelmingly in November to oppose changes that would require them and thousands of other Harvard employees to pay more for health care. The university says the increases are in part a result of the Obama administration’s Affordable Care Act, which many Harvard professors championed.
[...]

http://www.nytimes.com/2015/01/06/us...s-faculty.html

[Uncle Ted]

Health Insurers Seek Hefty Rate Boosts

Major insurers in some states are proposing hefty rate boosts for plans sold under the federal health law, setting the stage for an intense debate this summer over the law’s impact.


In New Mexico, market leader Health Care Service Corp. is asking for an average jump of 51.6% in premiums for 2016. The biggest insurer in Tennessee, BlueCross BlueShield of Tennessee, has requested an average 36.3% increase. In Maryland, market leader CareFirst BlueCross BlueShield wants to raise rates 30.4% across its products. Moda Health, the largest insurer on the Oregon health exchange, seeks an average boost of around 25%.


All of them cite high medical costs incurred by people newly enrolled under the Affordable Care Act.
[...]

http://www.wsj.com/articles/health-i...sts-1432244042

[Goatnapper'96]

http://www.wsj.com/articles/health-i...sts-1432244042

No way. When you have health insurance and disallow insurance companies from including risk, because it isn't fair to reward those who win the genetic lottery, as a component of cost the rates go up for the many responsible people who have taken care of themselves and lived by the rules? GTFOOH!

Our society is becoming increasingly selfish and the fact that the Democrats are far more concerned about the poor than the middle class is going to hurt them at some point in time. In fact I wonder if society will even reach a point where Republicans can brand Democrats as only interested in the poor and get away with it.

[byu71]

No way. When you have health insurance and disallow insurance companies from including risk, because it isn't fair to reward those who win the genetic lottery, as a component of cost the rates go up for the many responsible people who have taken care of themselves and lived by the rules? GTFOOH!

Our society is becoming increasingly selfish and the fact that the Democrats are far more concerned about the poor than the middle class is going to hurt them at some point in time. In fact I wonder if society will even reach a point where Republicans can brand Democrats as only interested in the poor and get away with it.

Even Warren Buffet, the man democrats love to quote when it comes to the rich vs the poor and middle class has come out indicating the minimum wage increases going on will hurt the economy.

Generally speaking the democrats and their understanding of economics is like the Widget manufacturer who being told he was losing 20 cents for every widget sold, said then we will just have to make up for it by increasing our volume.

Think about it, Elizabeth Warren who is the progressives champion for the poor and middle class does not have a background in economics or finance.

She was a law professor with an emphasis in bankruptcy.

[Mormon Red Death]

http://www.wsj.com/articles/health-i...sts-1432244042

One of the biggest issues facing health plans are the new taxes. A comparison of where I currently work

2013 Taxes: $118.3 Million
2014 Taxes: $266.7 Million

We posted our first loss in 20 years this year.

[Uncle Ted]

One of the biggest issues facing health plans are the new taxes. A comparison of where I currently work

2013 Taxes: $118.3 Million
2014 Taxes: $266.7 Million

We posted our first loss in 20 years this year.

Just wait until 2018... that 40% tax on the cadillac health care plans will fix everything.

[Topper]

Even Warren Buffet, the man democrats love to quote when it comes to the rich vs the poor and middle class has come out indicating the minimum wage increases going on will hurt the economy.

Generally speaking the democrats and their understanding of economics is like the Widget manufacturer who being told he was losing 20 cents for every widget sold, said then we will just have to make up for it by increasing our volume.

Think about it, Elizabeth Warren who is the progressives champion for the poor and middle class does not have a background in economics or finance.

She was a law professor with an emphasis in bankruptcy.

Glad she is driving her country toward a time when her speciality will be greatly needed.

The refrain from "progressives" is that Bill Clinton "created" a great economy with new Keynesian economics, ignoring of course the tech bubble and the mortgage problems his policies created after they crashed. Thus, if you do it like Bill, by taxing and spending, you will create a great economy.

[Katy Lied]

One of the biggest issues facing health plans are the new taxes. A comparison of where I currently work

2013 Taxes: $118.3 Million
2014 Taxes: $266.7 Million

We posted our first loss in 20 years this year.

If I were your company management, I'd root out every money losing profit center in the firm and close it up and declare the loss. This is one golden opportunity to bury all the bodies and blame Obama. No one will argue.

[ERCougar]

No way. When you have health insurance and disallow insurance companies from including risk, because it isn't fair to reward those who win the genetic lottery, as a component of cost the rates go up for the many responsible people who have taken care of themselves and lived by the rules? GTFOOH!.

Wait....generic lottery or you were one of the responsible ones who took care of himself? Which was the reason you don't have diabetes?

[Mormon Red Death]

If I were your company management, I'd root out every money losing profit center in the firm and close it up and declare the loss. This is one golden opportunity to bury all the bodies and blame Obama. No one will argue.

You obviously have never worked with any states' DOI

[Mormon Red Death]

If I were your company management, I'd root out every money losing profit center in the firm and close it up and declare the loss. This is one golden opportunity to bury all the bodies and blame Obama. No one will argue.

Katy Lied....

Health Plans raise premiums

Regulators in many states have the power to reject price increases, and many who don't are expected to at least pressure insurers to soften their plans. Health insurance price hikes have been the subject of growing scrutiny for years.