theweaselking: (Default)
[personal profile] theweaselking
"The Bomb In Obamacare Explodes" - Rick Ungar on a provision of the American Affordable Care Act that I hadn't heard of - insisting that insurance providers spend 80% of the income they get from the insured on actually treating the insured, or issue refunds for every policy.

(no subject)

Date: 2011-12-03 02:27 pm (UTC)
From: [identity profile] metahacker.livejournal.com
I was wondering why the industry was lobbying so hard against it.

(no subject)

Date: 2011-12-03 02:43 pm (UTC)
yendi: (Default)
From: [personal profile] yendi
Obamacare just got 20% cooler.

(no subject)

Date: 2011-12-03 03:45 pm (UTC)
From: [identity profile] firebreathnchkn.livejournal.com
I was wondering why my deductibles went down.

(no subject)

Date: 2011-12-03 07:01 pm (UTC)
From: [identity profile] firebreathnchkn.livejournal.com
$30 to $25 for primary care, $50 to $25 for specialist.

(no subject)

Date: 2011-12-03 07:43 pm (UTC)
From: [identity profile] lafinjack.livejournal.com
Whoops, I got deductible and premium mixed up again. Did your premiums go down at all?

(no subject)

Date: 2011-12-03 09:09 pm (UTC)
From: [identity profile] firebreathnchkn.livejournal.com
No, but my company covers that so I wouldn't notice.

(no subject)

Date: 2011-12-04 12:41 am (UTC)
From: [identity profile] lafinjack.livejournal.com
Ah, gotcha.

(no subject)

Date: 2011-12-04 01:59 am (UTC)

(no subject)

Date: 2011-12-03 04:28 pm (UTC)
From: [identity profile] cuddlycthulhu.livejournal.com
And that, right there, is wicked cool.

(no subject)

Date: 2011-12-03 05:01 pm (UTC)
From: [identity profile] lafinjack.livejournal.com
FUCKING COMMISOCIALIFASCISTS

(no subject)

Date: 2011-12-03 06:56 pm (UTC)
From: [identity profile] undeadbydawn.livejournal.com
Wow.

I'm seriously impressed.

Obama managed, while looking like he was giving in, to trick pretty much everyone onto a better deal.
If he's managed that with a few other egregious capitulations, he may actually become a hero over the next few months.

[not discounting, of course, the fact he's managed to pull off some seriously good legislation anyway]

(no subject)

Date: 2011-12-03 07:21 pm (UTC)
From: [identity profile] dreamshade.livejournal.com
Not be cynical or anything, but... oh, wait, yes, to be cynical -- I'm going to hold my breath and see what happens.

(no subject)

Date: 2011-12-03 10:54 pm (UTC)
drcuriosity: (Default)
From: [personal profile] drcuriosity
For some reason that link - in fact, all links to forbes.com - stalls for me and has done for the last few hours. Is anyone else having issues, or should I go kick my ISP?

(no subject)

Date: 2011-12-03 11:52 pm (UTC)
From: [identity profile] theweaselking.livejournal.com
http://www.downforeveryoneorjustme.com/www.forbes.com

(I can get to it, no problem. DownForEveryone is reporting "not just you" - which means it is really down, for some people.)

(no subject)

Date: 2011-12-04 12:02 am (UTC)
drcuriosity: (Default)
From: [personal profile] drcuriosity
Aha, I'd not come across that one before. Thanks!

(no subject)

Date: 2011-12-03 11:31 pm (UTC)
From: [identity profile] kafziel.livejournal.com
You hadn't heard about that? It's kind of the big reason why the Act is a good thing, and why the mandatory enrollment is a net benefit and not the insurance company bailout the haters were saying it was.

(no subject)

Date: 2011-12-05 06:50 pm (UTC)
From: [identity profile] publius1.livejournal.com
Well, that, and without the mandate, it becomes a LOT more expensive to force non-employee-based health care to admit pre-existing condition insurance holders, as people could get insurance only whenever they're sick.

All of this is STILL a giant kludge. Americans (and most of the First World) no longer treat medical insurance as insurance, but rather as a giant Groupon. Public "option" was only the ever really, truly sane way to go.

(no subject)

Date: 2011-12-05 06:51 pm (UTC)
From: [identity profile] publius1.livejournal.com
The combined ratio of 80% is actually not all that egregious; from what I've been reading, there's actually not a lot that most insurance companies are going to have to do.

(no subject)

Date: 2011-12-05 06:58 pm (UTC)
From: [identity profile] publius1.livejournal.com
Sorry, Medical Loss Ratio. Stupid ratio names.

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