bcp
In My Opinion
not only a moron but an ignorant socialist F*** that evidently is unable to make it on his own.
Supreme Court decides: Health care mandate stands
- Thread starter Tilted
- Start date
KingFish
Nothing to see here
I have a question that maybe someone here has looked into and addressed. How is Obamacare going to affect the health insurance companies? Right now they compete but will they be doing that in the future or will one be chosen and tough luck to the others? Wouldn't that put a lot of people out of work?
Aerogal
USMC 1983-1995
The bill states that existing companies may stay in place but they are not allowed to get new customers and not allowed to raise rates. What will happen is that without being able to expand their customer base while losing customers by attrition, they would have to raise rates to cover expenses which they can't do. Essentially the bill puts them out of business - so yes - people will lose their jobs. I hope little Shenaynay's momma realized this when she voted for obama and S-N-N went to go work for a health network as a customer service rep. Little S-N-N will be moving back in.
MMDad
Lem Putt
Obamacare mandates that everyone must buy insurance. That means an increased customer base for the insurance companies. That's why they didn't really fight it - they got their payoff. They were in bed with this bill from day one.
bcp
In My Opinion
What they also keep failing to mention is that, as long as your insurance company stays in business, you can keep using them.
however, you will still have to pay into the socialist give a POS insurance fund, so most will not be able to afford to pay both.
The other thing is that Businesses will start dropping the coverage for employees, since companies cant pick up new clients, you will have no choice but to become part of the affirmative action non care plan that the idiots put in place.
I hope the first to die from lack of care are the liberals.
It will serve them right.
Thanks. That's what I thought. This will cause job loss, which will put more people on public assistance.
Goodbye middle class. This will be a country of haves and have nots.
THAT...that right there is the "elephant in the room". Obamacare puts a very large $$ incentive in front of most employers to stop providing employee coverage, pay the flat rate "tax", and let the "state coverage" pick them up.
Obviously nobody who has employer-provided health insurance has any guarantee whatsoever that they will actually be able to "keep their present insurance".
Tilted
..
The PPACA will affect insurance companies in a number of ways (which I'll happily provide more color regarding if you want it), but to answer your basic question: Yes, they will still compete for customers in both the group and individual markets (which will now work through the exchanges). The law doesn't provide for a single payer system, there won't be one chosen and the rest forced to close (though I think one of the real world effects will be to consolidate a lot of the business into the hands of the bigger providers).
That's not correct. They can add new customers and they can raise rates (in fact, for a number of reasons, they likely will raise rates - at least with regard to some customers).
Existing group plans can't be substantively changed without then having to comply with the new coverage requirements, but they can add new customers. This legislation probably helps insurance providers, at least the larger ones. Their stock prices have certainly done well since it was passed.
Chris0nllyn
Well-Known Member
I asked something along those lines earlier.
If my company is based in Austalia, do we have to follow the same rules? I understand we have many offices in the US, but technically, it's an Aussie company.
Personally, my benefits are amazing, and I don't want to see that change.
glhs837
Power with Control
I think it's tied to the employees, not where the company is based. So it will affect you.
Baz
This. ------------------>
Ummmm......what?!?!? Where did you hear/read that? That's not close to being true. It's not even within the same universe as the truth.
migtig
aka Mrs. Giant
The only way I can see an "out" is if your health care insurance is based in Australia as well as your company. Otherwise you are screwed too.
Chris0nllyn
Well-Known Member
Figures....thanks
MMDad
Lem Putt
this tread shows that even two years later people have no clue what is in the bill.
2700 pages is just too much to put into easily digestable sound bites.
laynpipe
New Member
I just watched a video on MSN regarding the decision. They pointed out that the mandate was designed to tax the individual that chooses not to obtain medical insurance. Not tax the entire middle class. They also point out that if you are covered by an existing employer insurance program, government insurance program (Medicaid / Medicare etc....) then you are exempt from the mandate and will therefore be exempt from the tax. The tax is designed as a penalty for not complying.
You get caught driving your vehicle without insurance, you will pay a fine. You dont have health care of some kind, you will pay a tax.
They also pointed out that Chief Judge John Roberts is a conservative and that found the law to be constitutional and therefore tipped the scale to a victory for the administration. This is leading people to believe that it is not political on his part, but instead that he has upheld the law based on his personal beleif in its constitutionality.
You get caught driving your vehicle without insurance, you will pay a fine. You dont have health care of some kind, you will pay a tax.
They also pointed out that Chief Judge John Roberts is a conservative and that found the law to be constitutional and therefore tipped the scale to a victory for the administration. This is leading people to believe that it is not political on his part, but instead that he has upheld the law based on his personal beleif in its constitutionality.
ylexot
Super Genius
On what authority? He needs congress to vote to repeal. He can't do it alone.
laynpipe
New Member
Wait a sec. I dont think it says everyone must buy insurance. I beleive it says everyone must have it. Big difference.