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[ACA Update] The marketplace is failing

Discussion in 'BBS Hangout: Debate & Discussion' started by justtxyank, Aug 17, 2016.

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  1. NewRoxFan

    NewRoxFan Member

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    But but his preordained comment was preordained.
     
  2. Space Ghost

    Space Ghost Member

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    Do you support Obamacare? From the beginning?

    If so, this is the **** they are capable of doing. This is what happens when you empowered the private sector with ****ty legislation. This is what happens when liberals thought it was a great idea to force everyone to buy a private product. Insurance companies now have leverage against every voter and politician in this country if need to be.
     
  3. NewRoxFan

    NewRoxFan Member

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    Large companies acting poorly? Wow... shocker.

    Though I don't know if it suggests more government regulation to protect consumers or a full-out move to single-payer. But either way, it does not suggest a "baby step" approach of moving people with pre-existing conditions into a lesser tier of heath care coverage and in the process further benefiting the very insurance companies doing the very "****" you point out that they are capable of doing.
     
  4. tallanvor

    tallanvor Member

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    these companies act in their best interest. Like you voting for a terrible healthcare system because it covers your pre-existing conditions.
     
  5. NewRoxFan

    NewRoxFan Member

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    gee, that very same statement could be used to defend companies knowingly introducing products with serious and dangerous product defects that would cost profits to correct... but hey, just acting in their own "best interest"...

    Yes, I can see a reasonable equivalence there... me, with a daughter born with a heart defect corrected at birth that is categorized as a pre-existing condition and required me to buy a $500/month basic heath care coverage for her, selfishly supporting a health care plan that protects millions with pre-existing condition is just like large insurance companies trying to protect the half a trillion dollars in net profits by pulling out of public exchanges. Yea... they are exactly the same. :rolleyes:

    But I already apologized for "bankrupting" the insurance industry with my selfish actions... should I wait for the insurance companies to apologize for theirs?
     
  6. okierock

    okierock Member

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    ... and you support a government who gave them carte blanche. good for you.

    This program will do exactly what every other entitlement program does which is to create a gap between the dependent and the independent that can be used as a way to garner votes for the political party that gains power through controlling the dependent.
     
  7. NewRoxFan

    NewRoxFan Member

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    So I ask you the same question I posed to self-described "free-market" Sace Ghost... is this fixed by placing stringent government restrictions on the insurance companies? Or by going completely to a single-payer system?

    In fact, what is your solution? What provides health care coverage to all people, including people with preexisting conditions? ACA has been in place for six years... more than plenty of time for republicans to come up with an alternative plan. Tell us about it.
     
  8. tallanvor

    tallanvor Member

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    FIFY. If you are ever a business owner you will understand this pressure. Hell if you have ever had to fire a good worker you should understand this concept. Its heartbreaking. When a company makes profit this is security for everyone in the company and their families.

    SO it is your opinion that drug and medical procedure costs aren't going up and its just the insurance companies trying to make more profit? you serious?
     
    #488 tallanvor, Aug 26, 2016
    Last edited: Aug 26, 2016
  9. Dubious

    Dubious Member

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    The ACA was written and supported by health insurance lobbyist because their projections were that millions of new policyholders and federal subsidies would yield profits. This is the system they wanted, it's the only one we are going to get. Free marketer's should support their bankruptcy for being bad at business projections. But they can't just quit after setting up the dependency. These are real people's lives they signed on to insure, not profits.

    When they have to be sold and reorganized maybe the new owners can run them non-profit and break even. Well, while paying the outgoing CEO's millions for their contributions.
     
  10. tallanvor

    tallanvor Member

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    yep its everyone's fault except the people who wrote, voted, and executed the legislation. They are in the clear.
     
  11. Dubious

    Dubious Member

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    The people would have preferred Single Payer. Why didn't they get it
     
  12. tallanvor

    tallanvor Member

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    based on what? and even if that is true, it would be because you Democrat voters don't hold your politicians accountable. Why else would officials voted on by the people go against the people?
     
  13. Dubious

    Dubious Member

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    Single payer was DOA because it required an additional payroll tax.
    Who wouldn't allow a tax? who?
     
  14. Invisible Fan

    Invisible Fan Member

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    We've been told single payer is rationing.

    Rationing leads to socialism, leads to Obama Czars, leads to death panels, leads to Kenyan beheadings of grandma.
     
  15. NewRoxFan

    NewRoxFan Member

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    Interesting that you quoted me, then changed my quote, then bolded the changed quote to make your point.

    I don't believe insurance companies making profits and covering pre-existing conditions is mutually exclusive. After all, the insurance industry made just under $500 billion in net profits in 2015 while covering pre-existing conditions. Aetna net profits increased 19% in 2015 while covering pre-existing conditions. So it is not obvious to me that pre-existing conditions is causing causing insurance companies to fire anyone.

    Heck, if the company had a 19% net profit we'd be celebrating in the streets, hiring more people, expanding into new markets.

    I am not arguing that drug and medical procedure costs are not going up. I think there are other fixes to those problems, some of which have already been discussed here. But it does suggest the question: how much profit is enough... if an industry that already had net profits (not gross, net profits) of half a trillion, and if companies net profit growth of 19% isn't enough...
     
  16. tallanvor

    tallanvor Member

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    well wouldn't it have to be Democrats? you can't say Republicans because no Republican supported ACA and it passed. So that can't be the reason.
     
  17. tallanvor

    tallanvor Member

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    They are losing money (lots of it) in the exchanges and that only gets worse because the exchanges are only getting worse. So in this system, it appears to be mutually exclusive. You can't profit from being in the exchanges. And just a reminder, less profit equates to less hirings and more firings.

    You want to put a limit on profits? Might i suggest reading this famous literary speech.
     
  18. NewRoxFan

    NewRoxFan Member

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    Interesting, the article you linked states that the insurance companies are losing millions on the exchanges, but also says some insurance companies are not (by using different approaches). The article also offers up possible fixes. Which supports my position... there are possible fixes that will help the insurance companies lessen their costs while providing coverage to people with pre-existing conditions.

    So no, insurance companies profits and covering pre-existing conditions are not mutually exclusive. Just requires people working on solutions. The insurance industry has been profitable... very profitable while doing this... there is no reason it can't continue to be profitable.
     
  19. tallanvor

    tallanvor Member

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    Those different approaches being only offering medicaid plans....... I know you didn't miss that.
     
  20. Bobbythegreat

    Bobbythegreat Member
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    The goal is to blame Republicans for the shortcomings of Democrats, where you are going wrong is by assuming that any actual thought went into it.
     

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