So Republicans, Now That "Repeal and Replace" Is All But Totally Collapsed

[AntonToo]

Oh I love it when Republicans poke sticks in the wheels and complain about ride quality.

As of today, companies that ran profit in the exchanges still can't plan for 2018 enrollment - because they, like everyone have NO IDEA wtf Republicans will do to the market.

There is exactly one critical problem for the individual insurance market at this time - REPUBLICANS.

You aren't real bright son. The 2018 rates have already been filed, the "uncertainty" wouldn't kick in until 2019 MOST insurers have already pulled out kid.

False, insurance companies have until the fall before they are locked in.

And the rates that they did publish PRICE IN the volatility Republicans are causing:

"I really feel for a number of our insurance companies, because it's not that they don't want to be participating," said Michael Marchand, chief marketing officer of the Washington Health Benefit Exchange. "It's the uncertainty in the marketplace."

Insurers in the state are asking for a 22 percent increase for next year on average. States insurance officials say the carriers are trying to price in risk that they may not be reimbursed by the Trump administration for cost-sharing reduction subsidies that lower out-of-pocket costs for lower-income enrollees.

"As a result, we're seeing an increase in premiums because it's essentially the insurance companies hedging their bets that there may be the potential for them to have to pick up that CSR costs," said Marchand, referring to the subsidies.

Obamacare insurer expands, but big questions loom as rate deadline hits, GOP pushes health plan

You get half a star, the deadlines are in May, the companies were however granted an exception for this year. The fact remains son that MOST carriers have already pulled out.

Amid growing uncertainty, states extend deadlines to file 2018 rates

No sir, they have until the fall. Full star for me, because that is what matters.

LOL, the deadline has ALWAYS been May, this is the first time that there has EVER been an exception.

..which is exactly the time we are talking about, it doesn't matter what it was last year.

 

[TyroneSlothrop]

 

[Doc1]

You mean for those two or three who haven't already pulled out?

Oh I love it when Republicans poke sticks in the wheels and complain about ride quality.

As of today, companies that ran profit in the exchanges still can't plan for 2018 enrollment - because they, like everyone have NO IDEA wtf Republicans will do to the market.

There is exactly one critical problem for the individual insurance market at this time - REPUBLICANS.

You aren't real bright son. The 2018 rates have already been filed, the "uncertainty" wouldn't kick in until 2019 MOST insurers have already pulled out kid.

False, insurance companies have until the fall before they are locked in.

And the rates that they did publish PRICE IN the volatility Republicans are causing:

"I really feel for a number of our insurance companies, because it's not that they don't want to be participating," said Michael Marchand, chief marketing officer of the Washington Health Benefit Exchange. "It's the uncertainty in the marketplace."

Insurers in the state are asking for a 22 percent increase for next year on average. States insurance officials say the carriers are trying to price in risk that they may not be reimbursed by the Trump administration for cost-sharing reduction subsidies that lower out-of-pocket costs for lower-income enrollees.

"As a result, we're seeing an increase in premiums because it's essentially the insurance companies hedging their bets that there may be the potential for them to have to pick up that CSR costs," said Marchand, referring to the subsidies.

Obamacare insurer expands, but big questions loom as rate deadline hits, GOP pushes health plan

So insurance companies have been opting out for the last two to three years because of what Republicans might do in the future? That makes no sense. The article is an excuse for the failure. Since the profits can be no more than 15%, they can't set their prices above that or they face a penalty from the government.

Again, insurance companies been dropping out long before last year, long before Trump and this Congress. So the failure has been coming, and now companies are finding ways to bail.

??? The exchanges only opened 3 years ago and it was always known that there will be volatility in the new market at first, followed by stabilization...except that can't possibly happen with all the uncertainty going on now.

The Exchanges opened in 2013 and they've been failing one by one ever since. That first year Obama changed the law over 40 times. It's failing, and it has been from the start.

 

[Flash]

You have the Presidency. You have the House. You have the Senate. You have almost all the governors. What more could you want?

What are you going to do now?

How are you going to repay your leaders for letting this happen?

That's all I want to know.

The reason that is failed is because of a few weak ,minded RINOs combined with 46 shithead Democrats and two shithead Independents that vote Democrat.

Obamacare is the Democrat's baby. They passed it along strict party lines and none of the shitheads wanted to make any improvements to it.

It could have fixed with a little from the Democrat assholes but they didn't want it fix.

 

[AntonToo]

Oh I love it when Republicans poke sticks in the wheels and complain about ride quality.

As of today, companies that ran profit in the exchanges still can't plan for 2018 enrollment - because they, like everyone have NO IDEA wtf Republicans will do to the market.

There is exactly one critical problem for the individual insurance market at this time - REPUBLICANS.

You aren't real bright son. The 2018 rates have already been filed, the "uncertainty" wouldn't kick in until 2019 MOST insurers have already pulled out kid.

False, insurance companies have until the fall before they are locked in.

And the rates that they did publish PRICE IN the volatility Republicans are causing:

"I really feel for a number of our insurance companies, because it's not that they don't want to be participating," said Michael Marchand, chief marketing officer of the Washington Health Benefit Exchange. "It's the uncertainty in the marketplace."

Insurers in the state are asking for a 22 percent increase for next year on average. States insurance officials say the carriers are trying to price in risk that they may not be reimbursed by the Trump administration for cost-sharing reduction subsidies that lower out-of-pocket costs for lower-income enrollees.

"As a result, we're seeing an increase in premiums because it's essentially the insurance companies hedging their bets that there may be the potential for them to have to pick up that CSR costs," said Marchand, referring to the subsidies.

Obamacare insurer expands, but big questions loom as rate deadline hits, GOP pushes health plan

So insurance companies have been opting out for the last two to three years because of what Republicans might do in the future? That makes no sense. The article is an excuse for the failure. Since the profits can be no more than 15%, they can't set their prices above that or they face a penalty from the government.

Again, insurance companies been dropping out long before last year, long before Trump and this Congress. So the failure has been coming, and now companies are finding ways to bail.

??? The exchanges only opened 3 years ago and it was always known that there will be volatility in the new market at first, followed by stabilization...except that can't possibly happen with all the uncertainty going on now.

Then why have they been opting out every year? If it was a good deal, other insurance companies would be opting in, they are not, they are all opting out. Some counties in some states will have no insurance options because all the companies in the area have opted out. That seems like a huge fail.

Ok lets go over the assumptions that were made when ACA passed:

1. Exchange opens - markets uncertain, hard to price, expectation of high policy turn over that ACA tries to mitigate with provisions for "risk corridors"

2. Some years go by - market settles, pricing becomes easier, insurance companies can count on profits, policy turn over slows and markets get normalized.

Except there can't be any 2. due to all the legislative uncertainty around the law.

When Trump/Republicans go and puts out gestures to people that ACA is out the door and they don't really face penalty (they still do, but Trump waving around his meaningless EO makes it seem otherwise), they are undermining the market.

 

[TyroneSlothrop]

Borowitz: Mitch McConnell Hospitalized with Low White-Vote Count

 

[rightwinger]

Plan A: Repeal Obamacare and replace with Trumpcare: Crash and burn

Plan B: Repeal Obamacare with no replacement: Crash and burn

Plan C: Wait for Obamacare to fail


The problem with Plan C is there is no such plan as "Obamacare" There are hundreds of plans that participate in state run exchanges. Those plans must fail one by one before Obamacare can fail. There is no collapse of Obamacare

In the mean time, it is people who will suffer as Republicans stand by and do nothing. Since Blue States did the best at building strong exchanges, it will be Red States who will suffer the most as their Republican representatives stand by and do nothing

 

[rightwinger]

Borowitz: Mitch McConnell Hospitalized with Low White-Vote Count

Hope he has good insurance

 

[TyroneSlothrop]

Plan A: Repeal Obamacare and replace with Trumpcare: Crash and burn

Plan B: Repeal Obamacare with no replacement: Crash and burn

Plan C: Wait for Obamacare to fail


The problem with Plan C is there is no such plan as "Obamacare" There are hundreds of plans that participate in state run exchanges. Those plans must fail one by one before Obamacare can fail. There is no collapse of Obamacare

In the mean time, it is people who will suffer as Republicans stand by and do nothing. Since Blue States did the best at building strong exchanges, it will be Red States who will suffer the most as their Republican representatives stand by and do nothing

 

[Doc1]

You aren't real bright son. The 2018 rates have already been filed, the "uncertainty" wouldn't kick in until 2019 MOST insurers have already pulled out kid.

False, insurance companies have until the fall before they are locked in.

And the rates that they did publish PRICE IN the volatility Republicans are causing:

"I really feel for a number of our insurance companies, because it's not that they don't want to be participating," said Michael Marchand, chief marketing officer of the Washington Health Benefit Exchange. "It's the uncertainty in the marketplace."

Insurers in the state are asking for a 22 percent increase for next year on average. States insurance officials say the carriers are trying to price in risk that they may not be reimbursed by the Trump administration for cost-sharing reduction subsidies that lower out-of-pocket costs for lower-income enrollees.

"As a result, we're seeing an increase in premiums because it's essentially the insurance companies hedging their bets that there may be the potential for them to have to pick up that CSR costs," said Marchand, referring to the subsidies.

Obamacare insurer expands, but big questions loom as rate deadline hits, GOP pushes health plan

So insurance companies have been opting out for the last two to three years because of what Republicans might do in the future? That makes no sense. The article is an excuse for the failure. Since the profits can be no more than 15%, they can't set their prices above that or they face a penalty from the government.

Again, insurance companies been dropping out long before last year, long before Trump and this Congress. So the failure has been coming, and now companies are finding ways to bail.

??? The exchanges only opened 3 years ago and it was always known that there will be volatility in the new market at first, followed by stabilization...except that can't possibly happen with all the uncertainty going on now.

Then why have they been opting out every year? If it was a good deal, other insurance companies would be opting in, they are not, they are all opting out. Some counties in some states will have no insurance options because all the companies in the area have opted out. That seems like a huge fail.

Ok lets go over the assumptions that were made when ACA passed:

1. Exchange opens - markets uncertain, hard to price, expectation of high policy turn over that ACA tries to mitigate with provisions for "risk corridors"

2. Some years go by - market settles, pricing becomes easier, insurance companies can count on profits, policy turn over slows and markets get normalized.

Except there can't be any 2. due to all the legislative uncertainty around the law.

When Trump/Republicans go and puts out gestures to people that ACA is out the door and they don't really face penalty (they still do, but Trump waving around his meaningless EO makes it seem otherwise), they are undermining the market.

You can make all of the excuses you want, it has never worked, there never was going to be any "profits" for two reasons.
1) The mandate that 80 cents of every dollar go to claims
2) The pre existing mandate.

No more than 12% of the promised risk corridor money promised ever came through. As for the "penalty" (actually the name of it "The shared responsibility" penalty, they never included any way to collect it unless you were getting a Tax return.

 

[Papageorgio]

Plan A: Repeal Obamacare and replace with Trumpcare: Crash and burn

Plan B: Repeal Obamacare with no replacement: Crash and burn

Plan C: Wait for Obamacare to fail


The problem with Plan C is there is no such plan as "Obamacare" There are hundreds of plans that participate in state run exchanges. Those plans must fail one by one before Obamacare can fail. There is no collapse of Obamacare

In the mean time, it is people who will suffer as Republicans stand by and do nothing. Since Blue States did the best at building strong exchanges, it will be Red States who will suffer the most as their Republican representatives stand by and do nothing

So The Democrats passed it and now you say people will suffer because the Republicans aren't doing anything? It's the Democrats plan and yet it is the Republicans fault it is failing?

 

[Geaux4it]

I hope the losers let Obamcare go down in flames. But they wont

They were so worried about losing votes if the bill passed. Watch what happens now since they chose the wrong option

-Geaux

OK and...

What.

Are.

YOU!!!

Going.

To do.

About.

It?

I already did years ago. I fired the Republican party in writing back in 09'

-Geaux

 

[AntonToo]

False, insurance companies have until the fall before they are locked in.

And the rates that they did publish PRICE IN the volatility Republicans are causing:

"I really feel for a number of our insurance companies, because it's not that they don't want to be participating," said Michael Marchand, chief marketing officer of the Washington Health Benefit Exchange. "It's the uncertainty in the marketplace."

Insurers in the state are asking for a 22 percent increase for next year on average. States insurance officials say the carriers are trying to price in risk that they may not be reimbursed by the Trump administration for cost-sharing reduction subsidies that lower out-of-pocket costs for lower-income enrollees.

"As a result, we're seeing an increase in premiums because it's essentially the insurance companies hedging their bets that there may be the potential for them to have to pick up that CSR costs," said Marchand, referring to the subsidies.

Obamacare insurer expands, but big questions loom as rate deadline hits, GOP pushes health plan

So insurance companies have been opting out for the last two to three years because of what Republicans might do in the future? That makes no sense. The article is an excuse for the failure. Since the profits can be no more than 15%, they can't set their prices above that or they face a penalty from the government.

Again, insurance companies been dropping out long before last year, long before Trump and this Congress. So the failure has been coming, and now companies are finding ways to bail.

??? The exchanges only opened 3 years ago and it was always known that there will be volatility in the new market at first, followed by stabilization...except that can't possibly happen with all the uncertainty going on now.

Then why have they been opting out every year? If it was a good deal, other insurance companies would be opting in, they are not, they are all opting out. Some counties in some states will have no insurance options because all the companies in the area have opted out. That seems like a huge fail.

Ok lets go over the assumptions that were made when ACA passed:

1. Exchange opens - markets uncertain, hard to price, expectation of high policy turn over that ACA tries to mitigate with provisions for "risk corridors"

2. Some years go by - market settles, pricing becomes easier, insurance companies can count on profits, policy turn over slows and markets get normalized.

Except there can't be any 2. due to all the legislative uncertainty around the law.

When Trump/Republicans go and puts out gestures to people that ACA is out the door and they don't really face penalty (they still do, but Trump waving around his meaningless EO makes it seem otherwise), they are undermining the market.

You can make all of the excuses you want, it has never worked, there never was going to be any "profits" for two reasons.
1) The mandate that 80 cents of every dollar go to claims
2) The pre existing mandate.

No more than 12% of the promised risk corridor money promised ever came through. As for the "penalty" (actually the name of it "The shared responsibility" penalty, they never included any way to collect it unless you were getting a Tax return.

2) is just a subset of 1) .... it's priced in. Meanwhile people are MANDATED TO BUY YOUR PRODUCTS. Certainly there is a way to make money here and 10% profit cap is actually a great return for big volume business (again, given market stability).

Republicans screwed the insurance companies on risk corridors - that is not ACA's design fault, that is the fault of the legislature that didn't hold up their end of the bargain (and are being sued for it).


Here is the takeway though - NONE OF THIS IS TERMINAL TO THE ACA. All of that can be fixed given Republicans drop their politico REPEAL shtick and instead opt to work with Democrats on seriously improving the American healthcare system.

 

[rightwinger]

Plan A: Repeal Obamacare and replace with Trumpcare: Crash and burn

Plan B: Repeal Obamacare with no replacement: Crash and burn

Plan C: Wait for Obamacare to fail


The problem with Plan C is there is no such plan as "Obamacare" There are hundreds of plans that participate in state run exchanges. Those plans must fail one by one before Obamacare can fail. There is no collapse of Obamacare

In the mean time, it is people who will suffer as Republicans stand by and do nothing. Since Blue States did the best at building strong exchanges, it will be Red States who will suffer the most as their Republican representatives stand by and do nothing

So The Democrats passed it and now you say people will suffer because the Republicans aren't doing anything? It's the Democrats plan and yet it is the Republicans fault it is failing?

Like anything else....if you allow it to whither on the vine, it will die
That is the new Trump plan

My point is that many, many blue states are running strong Obamacare exchanges. They are not allowing them to whither and die. Those exchanges will continue to thrive

Red States which only reluctantly accepted Healthcare exchanges and did nothing to ensure their viability, will see their exchanges die off

My point is that it is the Republican led states that will see their Obamacare plans drop off first. Let those who are affected take it up with their Republican Congressman and he can explain why he refuses to do anything about it

 

[Papageorgio]

Plan A: Repeal Obamacare and replace with Trumpcare: Crash and burn

Plan B: Repeal Obamacare with no replacement: Crash and burn

Plan C: Wait for Obamacare to fail


The problem with Plan C is there is no such plan as "Obamacare" There are hundreds of plans that participate in state run exchanges. Those plans must fail one by one before Obamacare can fail. There is no collapse of Obamacare

In the mean time, it is people who will suffer as Republicans stand by and do nothing. Since Blue States did the best at building strong exchanges, it will be Red States who will suffer the most as their Republican representatives stand by and do nothing

So The Democrats passed it and now you say people will suffer because the Republicans aren't doing anything? It's the Democrats plan and yet it is the Republicans fault it is failing?

Like anything else....if you allow it to whither on the vine, it will die
That is the new Trump plan

My point is that many, many blue states are running strong Obamacare exchanges. They are not allowing them to whither and die. Those exchanges will continue to thrive

Red States which only reluctantly accepted Healthcare exchanges and did nothing to ensure their viability, will see their exchanges die off

My point is that it is the Republican led states that will see their Obamacare plans drop off first. Let those who are affected take it up with their Republican Congressman and he can explain why he refuses to do anything about it

Tell that to the blue state, Washington. They have two counties that will not have Obamacare plans. More insurers drop Obamacare, even in a state with a healthy exchange. They join Ohio, Missouri and Kansas. Kansas is a red state, Missouri and Ohio are a blend.

If the plan is so great, why is it failing and why do the Republicans need to do anything? Earlier you people were upset that the Republicans would repeal and change Obamacare, now you are upset because the Republicans didn't do anything. Make up your minds.

 

[rightwinger]

Plan A: Repeal Obamacare and replace with Trumpcare: Crash and burn

Plan B: Repeal Obamacare with no replacement: Crash and burn

Plan C: Wait for Obamacare to fail


The problem with Plan C is there is no such plan as "Obamacare" There are hundreds of plans that participate in state run exchanges. Those plans must fail one by one before Obamacare can fail. There is no collapse of Obamacare

In the mean time, it is people who will suffer as Republicans stand by and do nothing. Since Blue States did the best at building strong exchanges, it will be Red States who will suffer the most as their Republican representatives stand by and do nothing

So The Democrats passed it and now you say people will suffer because the Republicans aren't doing anything? It's the Democrats plan and yet it is the Republicans fault it is failing?

Like anything else....if you allow it to whither on the vine, it will die
That is the new Trump plan

My point is that many, many blue states are running strong Obamacare exchanges. They are not allowing them to whither and die. Those exchanges will continue to thrive

Red States which only reluctantly accepted Healthcare exchanges and did nothing to ensure their viability, will see their exchanges die off

My point is that it is the Republican led states that will see their Obamacare plans drop off first. Let those who are affected take it up with their Republican Congressman and he can explain why he refuses to do anything about it

Tell that to the blue state, Washington. They have two counties that will not have Obamacare plans. More insurers drop Obamacare, even in a state with a healthy exchange. They join Ohio, Missouri and Kansas. Kansas is a red state, Missouri and Ohio are a blend.

If the plan is so great, why is it failing and why do the Republicans need to do anything? Earlier you people were upset that the Republicans would repeal and change Obamacare, now you are upset because the Republicans didn't do anything. Make up your minds.

Republicans said it was bad didn't they?
They promised to repeal that nasty Obamacare if only we put them in office

Well, they are in office
They are responsible for what they promised

 

[Dschrute3]

I know irrational Trump-Haters don't wanna hear this, but it ain't over yet. It'll get done. It is what it is.

 

[Papageorgio]

Plan A: Repeal Obamacare and replace with Trumpcare: Crash and burn

Plan B: Repeal Obamacare with no replacement: Crash and burn

Plan C: Wait for Obamacare to fail


The problem with Plan C is there is no such plan as "Obamacare" There are hundreds of plans that participate in state run exchanges. Those plans must fail one by one before Obamacare can fail. There is no collapse of Obamacare

In the mean time, it is people who will suffer as Republicans stand by and do nothing. Since Blue States did the best at building strong exchanges, it will be Red States who will suffer the most as their Republican representatives stand by and do nothing

So The Democrats passed it and now you say people will suffer because the Republicans aren't doing anything? It's the Democrats plan and yet it is the Republicans fault it is failing?

Like anything else....if you allow it to whither on the vine, it will die
That is the new Trump plan

My point is that many, many blue states are running strong Obamacare exchanges. They are not allowing them to whither and die. Those exchanges will continue to thrive

Red States which only reluctantly accepted Healthcare exchanges and did nothing to ensure their viability, will see their exchanges die off

My point is that it is the Republican led states that will see their Obamacare plans drop off first. Let those who are affected take it up with their Republican Congressman and he can explain why he refuses to do anything about it

Tell that to the blue state, Washington. They have two counties that will not have Obamacare plans. More insurers drop Obamacare, even in a state with a healthy exchange. They join Ohio, Missouri and Kansas. Kansas is a red state, Missouri and Ohio are a blend.

If the plan is so great, why is it failing and why do the Republicans need to do anything? Earlier you people were upset that the Republicans would repeal and change Obamacare, now you are upset because the Republicans didn't do anything. Make up your minds.

Republicans said it was bad didn't they?
They promised to repeal that nasty Obamacare if only we put them in office

Well, they are in office
They are responsible for what they promised

Yep, they failed, so why aren't you happy?

 

[Papageorgio]

I know irrational Trump-Haters don't wanna hear this, but it ain't over yet. It'll get done. It is what it is.

Unless Trump shows some real leadership, it won't happen.

 

[Doc1]

So insurance companies have been opting out for the last two to three years because of what Republicans might do in the future? That makes no sense. The article is an excuse for the failure. Since the profits can be no more than 15%, they can't set their prices above that or they face a penalty from the government.

Again, insurance companies been dropping out long before last year, long before Trump and this Congress. So the failure has been coming, and now companies are finding ways to bail.

??? The exchanges only opened 3 years ago and it was always known that there will be volatility in the new market at first, followed by stabilization...except that can't possibly happen with all the uncertainty going on now.

Then why have they been opting out every year? If it was a good deal, other insurance companies would be opting in, they are not, they are all opting out. Some counties in some states will have no insurance options because all the companies in the area have opted out. That seems like a huge fail.

Ok lets go over the assumptions that were made when ACA passed:

1. Exchange opens - markets uncertain, hard to price, expectation of high policy turn over that ACA tries to mitigate with provisions for "risk corridors"

2. Some years go by - market settles, pricing becomes easier, insurance companies can count on profits, policy turn over slows and markets get normalized.

Except there can't be any 2. due to all the legislative uncertainty around the law.

When Trump/Republicans go and puts out gestures to people that ACA is out the door and they don't really face penalty (they still do, but Trump waving around his meaningless EO makes it seem otherwise), they are undermining the market.

You can make all of the excuses you want, it has never worked, there never was going to be any "profits" for two reasons.
1) The mandate that 80 cents of every dollar go to claims
2) The pre existing mandate.

No more than 12% of the promised risk corridor money promised ever came through. As for the "penalty" (actually the name of it "The shared responsibility" penalty, they never included any way to collect it unless you were getting a Tax return.

2) is just a subset of 1) .... it's priced in. Meanwhile people are MANDATED TO BUY YOUR PRODUCTS. Certainly there is a way to make money here and 10% profit cap is actually a great return for big volume business (again, given market stability).

Republicans screwed the insurance companies on risk corridors - that is not ACA's design fault, that is the fault of the legislature that didn't hold up their end of the bargain (and are being sued for it).


Here is the takeway though - NONE OF THIS IS TERMINAL TO THE ACA. All of that can be fixed given Republicans drop their politico REPEAL shtick and instead opt to work with Democrats on seriously improving the American healthcare system.

You've got nothing but the same old talking points kid. Nothing. You can't fund an entire company on 20 cents per, don't be stupid. Workers Comp, Insurance Benefits, Salaries, Insurance on everything you do. The Dems fucked this up and now you blame pubs for not bailing them out. You're a bright one.