Hijinx
Well-Known Member
There is that word supposed Obama care was supposed to do a lot of things.
So far it's an almost total failure.Part of an Obama failed legacy.
Repealing Obamacare
- Thread starter seekeroftruth
- Start date
There is that word supposed Obama care was supposed to do a lot of things.
So far it's an almost total failure.Part of an Obama failed legacy.
About the only thing it delivered on was:
1. Elimination of pre-conditions and
2. Extension of coverage to 26 years.
Because bragging about extending coverage to more people is a little obtuse when their alternative is to be *fined* - and for so many, it means
paying outrageous deductibles and increasingly higher premiums.
I think this time around, a lot of people will realize it will be better to pay the fine, because with the high deductibles, they might as well be paying
for it without insurance.
Clem72
Well-Known Member
What the hell are you yelling at me for? I just attempted to answer a question. There is that word failed, your post failed to have anything to do with me so why quote me?
Restitution
New Member
And the most ironic part about it is the people who can't carry the mandatory coverage WON'T BE PAYING THE FINE EITHER! So... that will get rolled into the honest tax payers burden as well.
Yes, we have no children. Since my wife has more health issues that I do, it is cheaper for us to have separate plans. There is 0 savings for us being on the same plan as a family. The doubled monthly premium ($1200+) isn't worth the lowered deductible for just me.
itsbob
I bowl overhand
This sounds like playing to probability..
If you were combined with LIKE numbers.. Your premiums would be $900 a month and your deductible would be $8500 a month (simple enough).
What probability is there that BOTH of you will be sick any given year, enough so you burn through that $8500 deductible before insurance starts paying?? It's more likely ONE of you will be sick enough to burn through your deductible, and in your model whichever unlucky person that is, the insurance company starts paying much earlier.
AND if you beat the chances and are both sick, you're no worse off.
Makes sense to me..
Hijinx
Well-Known Member
Don't take it personally Clem.It wasn't meant that way. I only pointed out the word.
Well I got my letter from Care First BCBS today. I said earlier that my wife's premium was increasing only 16.7%. The premium on my plan is increasing 62.9%. I wonder if they have a Tin plan.
Yea Obamacare.
Yea Obamacare.
awpitt
Main Streeter
Speaking of Obamacare.......
Anyone heard of the MLR Rebate? Well, it's the Medical Loss Rebate. I never heard of it until I got a check in the mail on Saturday, $400. This rebate was for 2015. Apparently, there's language in the ACA that requires insurance companies to spend a certain ratio of premiums received on health care services and "certain quality improvement activities" for their members. Mine said it had to be 85%. If they don't meet that level, then they have to issue rebates for the difference.
on health care services and certain quality improvement activities for their members
Anyone heard of the MLR Rebate? Well, it's the Medical Loss Rebate. I never heard of it until I got a check in the mail on Saturday, $400. This rebate was for 2015. Apparently, there's language in the ACA that requires insurance companies to spend a certain ratio of premiums received on health care services and "certain quality improvement activities" for their members. Mine said it had to be 85%. If they don't meet that level, then they have to issue rebates for the difference.
on health care services and certain quality improvement activities for their members
Yep...received one check from son's insurer and another from SO's insurer.
I heard about the stipulation on spending, until now I have never heard of anyone getting money back
... some mechanism to keep insurance companies from having windfall profits after the Gov Mandates you purchase a service
[like all the blather after WW I about Armaments Industries profiting off of the war]
... some mechanism to keep insurance companies from having windfall profits after the Gov Mandates you purchase a service
[like all the blather after WW I about Armaments Industries profiting off of the war]
getbent
Thats how them b*tch's R
Well I got my letter from Care First BCBS today. I said earlier that my wife's premium was increasing only 16.7%. The premium on my plan is increasing 62.9%. I wonder if they have a Tin plan.
Yea Obamacare.
Seriously?! There should be a cap on how much it goes up. That is insane.
Yes it is. I wonder when we'll see our MLR Rebate check.
Hijinx
Well-Known Member
Crazy,We should be going to the Capitol with tar and feathers for Pelosi.
GWguy
*
Ok, now I'm really confused. Went to the website to make my elections for 2017. There is a new option for a 'value' plan, $90 vs $316. Did a line-by-line comparison. Other than a minor difference in deductible ($1650 vs $1700), and a difference between 65% covered vs 80% covered for 'non-formulary' brand drugs, the plans are virtually identical.
The monthly savings pays for my deductible, plus a whole lot more. I'd be a fool to not take the value plan, but it sounds like one of those 'too good to be true' things. I have to be missing something......
getbent
Thats how them b*tch's R
Is that just for you?
GWguy
*
Yes.
Hijinx
Well-Known Member
My friend was telling me today that he has a policy for himself and one for his wife.
They just raised his rates to $1,000 apiece a month and gave him a $6,000 dollar deductible.
In other words he is only helping to pay for those who used to be uninsurable and he has no insurance unless he has a Catastrophic illness.
They just raised his rates to $1,000 apiece a month and gave him a $6,000 dollar deductible.
In other words he is only helping to pay for those who used to be uninsurable and he has no insurance unless he has a Catastrophic illness.