Downgraded: Insurance Companies Taste Wrath of ObamaCare

Arnold Ahlert is a former NY Post op-ed columnist currently contributing to JewishWorldReview.com, HumanEvents.com and CanadaFreePress.com. He may be reached at atahlert@comcast.net.


barack-obama-302Another day, another dose of bad news for ObamaCare. On Thursday, Moody’s Investor Service announced it was downgrading its outlook for America’s healthcare insurance sector from “stable” to “negative,” due to ObamaCare. “While all of these issues had been on our radar screen as we approached 2014, a new development and a key factor for the change in outlook is the unstable and evolving regulatory environment under which the sector is operating,” Moody’s said. “Notably, new regulations and presidential announcements over the last several months with respect to the ACA have imposed operational changes well after product and pricing decisions had been finalized.”

Moody’s is being polite. It is no secret that President Obama has made unilateral and constitutionally suspect decisions to postpone or alter major sections of the law. His ham-fisted attempts to mitigate the political damage attending the disastrous website rollout, and his oft-repeated lie that Americans could keep their insurance policies and doctors, has wreaked havoc on insurers struggling to keep up with the massive fiscal adjustments those decisions engendered.

Moody’s also cited the the lack of enrollment by younger, healthier Americans needed to keep the healthcare plan fiscally viable as another reason for the downgrade. “Uncertainty over the demographics of those enrolling in individual products through the exchanges is a key factor in Moody’s outlook change,” the ratings agency added.

Moody’s must be referring to uncertainty going forward, because it’s not uncertain as to what the demographic totals are so far. On January 13, the Health and Human Services Department (HHS) announced that only 24 percent of Americans signing up for ObamaCare were part of the coveted youth demographic. That’s well below the 39 percent the White House contended was necessary for the law to work. They also revealed that as of Dec. 28, the total number of signups for ObamaCare had reached 2.2 million, well below the 3.3 million they had targeted to sign up by that time.

And that’s signups. At a House hearing on Jan. 16, Centers for Medicaid & Medicare (CMS) official Gary Cohen, the director of Medicare’s Center for Consumer Information and Insurance Oversight, admitted the administration has no clue how many people have actually paid for their premiums. “We don’t know at this point how many people have actually paid for coverage?” asked Congressman Greg Harper (R-MS) during the hearing. “That’s right,” replied Cohen. Cohen also admitted something far more ominous. “The automated process for payments is still being built, but we have a process in place that is working and payments will be going out next week,” he said.

The “automated process for payments,” also referred to as the “back end” of the ObamaCare website, is the most critical component of the system because it matches peoples’ policies and their subsidies with their insurance carriers. Yet back in November, Henry Chao, the deputy chief information officer for the Center for Medicare and Medicaid Services, conceded to Congress that 30-40 percent of the back end still needed to be built. “We still have to build the payment systems to make payments to issuers in January,” Chao said.

As Fox News reveals, the effort is hardly proceeding as planned. They note that while the administration remains upbeat in public, “privately it fears one part of the system is so flawed it could bankrupt insurance companies and cripple ObamaCare itself.” 

That part of the system is the back end. 

The administration revealed the truth when it fired CGI as the lead contractor, and replaced it with Accenture. Because it gave Accenture a no-bid contract, they had to justify it by releasing documents from the Department of Health and Human Services and the Center for Medicare and Medicaid Services. 

Those documents revealed that problems with the website puts “the entire health insurance industry at risk … potentially leading to their default and disrupting continued services and coverage to consumers.” Even worse, they noted that if the problems weren’t fixed by mid-March “they will result in financial harm to the government,” and that, absent those fixes, “the entire health care reform program is jeopardized.”

HHS Secretary Kathleen Sebelius insisted that everything would work out fine in the end, despite the reality that insurers are currently enduring massive amounts of confusion and uncertainty regarding who is signed up and what subsidies, if any, they are entitled to. “I mean we will get them paid,” she said. “There is no question about that, so we are on track.”

That would be the same Kathleen Sebelius who unilaterally changed the signup deadline for ObamaCare from Dec. 23 to Dec. 31, and “strongly encouraged” insurance companies to treat out-of-network providers as in-network and refill prescriptions for medication covered by previous plans until ObamaCare could catch up with reality. Thus, her definition of “on track” is suspect at best. 

And as of now, much like the administration was forced to do to determine whether Americans were eligible for subsidies, they will have to rely on the honor system to determine how much they will owe insurers. Jim Capretta of the Ethics and Public Policy Center illuminated what that means from the insurers’ point of view. “Here’s who we think we have, and here’s the subsidy we think they’re owed,” he explains. “Please send us a check from the treasury.”

Treasury is a polite way of saying the American taxpayers, whose involvement in underwriting ObamaCare could turn out to be far more expansive than they currently imagine. That’s because if the insurance companies do run into financial trouble, ObamaCare puts the taxpayers on the hook to bail them out until 2017. As Charles Krauthammer reveals, Section 1341 of the bill, the “reinsurance fund,” collects $63 from each insurer and self-insuring employer, who will undoubtedly pass that cost on to the consumer. That raises approximately $20 billion over three years to cover insurers’ potential losses. In addition, Section 1342, the “risk corridor,” has taxpayers underwriting up to 80 percent of insurance company losses.

As bad as that is, it gets worse. As Robert Laszewski, a prominent consultant to health insurance companies explains, because they are insulated from losses, they will hold their rates down for one more year, no matter how bad a beating they take. “I expect that the health insurance industry will be content to give the Obama administration one more chance to reboot Obamacare in the fall of 2014, when the 2015 open enrollment takes place,” he writes. 

In other words, because the insurance companies don’t have to worry about losing money, they’ll hold rates down — no doubt by sheer coincidence — until after the 2014 election.

“But that is all the patience I see the industry having,” Laszewski continues. “While they will continue to be protected from losses in 2016, two years will be enough patience for them and they will be eager to at least begin to transition their rates to the proper level in 2016 rather than face a huge adjustment in 2017 when the reinsurance program ends.” That will undoubtedly be huge adjustment upward in insurance rates.

His conclusion? “What consumers/voters will be thinking about Obamacare come November 2014 is still to be determined. But insurers won’t be losing a lot of sleep over it.”

So why is Moody’s losing sleep? Why a downgrade now if taxpayers are being forced to bailout insurance companies until 2017? Bloomberg News columnist Megan McArdle offers a clue. “The law still lacks the political legitimacy to survive in the long term,” she writes. “And in a bid to increase that legitimacy, the administration has set two very dangerous precedents: It has convinced voters that no unpopular provisions should ever be allowed to take effect, and it has asserted an executive right to rewrite the law, which Republicans can just as easily use to unravel this tangled web altogether.”

With regard to Republicans, Krauthammer has already suggested as much, saying the GOP should pass “The No Bailout for Insurance Companies Act of 2014″ and tie it, and nothing else, to the debt ceiling debate. “Dare the president to stand up and say: ‘I’m willing to let the country default in order to preserve a massive bailout for insurance companies,’” he writes. He foresees the gambit as a win-win for Republicans. “Let the Senate Democrats decide: Support the bailout and lose the Senate. Or oppose the bailout and bury Obamacare.”

In December, Treasury Secretary Jack Lew reminded Congress that the debt limit needs to be raised. It has been suspended until Feb. 7 as part of the deal that re-opened the government following the shutdown. He urged lawmakers to raise it before that date and “certainly before late February.” 

Michael Steel, spokesman for House Majority Leader John Boehner (R-OH), insisted that “a ‘clean’ debt limit increase simply won’t pass in the House.” Looks like Krauthammer is onto something. Moody’s may be as well. Both may have come to the same conclusion: an “unstable and evolving regulatory environment” can cut both ways.

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  • http://allrightforum.blogspot.com/ ALL RIGHT FORUM

    With Obama, lying is not a necessary evil but a principle. But then, his attitude is shared by the media.

    • veeper

      obama is a low life LIAR….

      obama is Potus…..

      and, people wonder why america doesn’t trust, believe or have any confidence in the U.S. government…..

    • Myrtle Linder

      There is no hope for any good coming out of the evil in our WH. GOD turned Saul around and he became Paul but even Paul believed in our GOD. Until Saul was struck blind, by the risen SAVIOR he was convinced that JESUS CHRIST was a fake. Such an experience is the only way the Obama will ever do any good for the country. I believe if that were possible it would be recorded in HIS WORD. Instead we have detailed reports of what is to come in the end days. The reports are perfectly recorded conditions that are occurring in the world today, even in America which was an unknown land in the time of JESUS CHRIST, but HE knew exactly what would d happen and HIS WORDS were recorded in the gospels and all through the New Testament.There are many recordings of these days in the Old Testament, also. Obama is the evil that has been placed int he WH to finish the conditions of the world, to bring in the “TIME OF THE COMING OF THE LORD!” JESUS IS COMING AND THERE IS NOTHING THAT CAN STOP HIS SOON ARRIVAL! First HE will lift HIS people off of the earth. This can be found in 1 Thessalonians 4:13-18

      • BagLady

        Myrtle, Myrtle. No-one gets beyond your first sentence. Stop waffling on about your god.

        • Wolfthatknowsall

          Why should she stop, BL? She has as much right, according to the Constitution, to speak her mind as you or I.

          It’s called the First Amendment, and many people in America would like to do away with. Since they can’t, they will settle for the “social sanction” … making fun of someone … or political correctness.

          • BagLady

            I sincerely hope that my chastising Myrtle for her proseletysing does not contravene her human rights.

          • Wolfthatknowsall

            You have a right to your beliefs, also, and a right to express them. That’s the beauty of the Constitution.

          • XCSX

            You are correct about 1st amdmt. and Bagtroll has the right to spew her Atheistic left-wing ignorance, which we will be blessed with in her following posts. She will also shoot herself in the foot.

        • XCSX

          Dear Bagtroll: When you state “No one gets past 1st sentence”, you are assuming that everyone on this Thread shares your Atheism. Non Compos Mentis, my dear.

        • XCSX

          Hey Bags, do ya think ALL of us (“NO one gets past……) are Atheists? REALLY?

  • objectivefactsmatter

    More toxic assets courtesy of the left. And 0′Bama.

    • truebearing

      No surprise there, but I like Krauthammer’s strategy. The Republicans in the House have to flush Obama completely out of his bunker and force him to make the no win choice in front of the nation. Now if only we had a Speaker with the brains God gave a goose.

      • http://www.pixelgeddon.com/ Shane Stevens

        He has committed at least 4 directly impeachable offenses and has remained untouchable. Obama is protected by the very corporate thugs who put him into office and will remain so.

        • BagLady

          If the thugs are on the left who the ****’s on the right.

      • Randy Townsend

        Or the stones God gave a flea. NO CHANCE Boehner will try that…

  • thunder2984

    Crash the system and the goal is complete.

    • mezcukor

      I think this is the intention. Crash the insurance companies and everybody is in the same boat and socialize medicine has been fully implemented.

      • Myrtle Linder

        Obamascare was written and promoted for this purpose and the damage will continue to grow, it will not go away!!!

      • Les Nessman

        President Bonzo’s only intention is to smoke crack and play videogames. He doesn’t give a rat’s about anything, other than the cheeseburgers and fritos he can sneak when Zira is out of the white house.

        • BagLady

          Rather a silly response

          • Les Nessman

            To a silly president. How can one respond to an executive in chief who hasn’t done a single thing while in office for five plus years?

          • XCSX

            Au Contraire, Les; He has worn out 6 pens writing Executive Orders which contravene the Constitution.

    • CowboyUp

      Almost, then they proclaim the only remedy or alternative to the system they crashed is single payer.

      • XCSX

        EXACTLY. And by doing so, O will have achieved a large part of his Marxist/Socialist plan. And Bagtroll, whether she knows it or not, will suffer under ‘single payer.

        • BagLady

          I already suffer under the ‘single payer’ system, the single payer being moi.

          • Debbie G

            Baglady, I fear you ain’t seen nuthin’ yet.

          • XCSX

            Very funny, BL. III points! But I’m not referring to um-wah single payer. I’m referring to Obam-wah single payer. (Please Google “Harry Reid Single Payer”.) Then tell me what you think, BL.

  • thult

    The Insurance companies, MANY charities, and MANY hospitals and clinics PUBLICLY SUPPORTED Obamacare because they were assured by Barack Hussein Obama and his staff LIARS that they would see a HUGE increase in their business and revenues! Well, guess what? He LIED to you also!

    • Adheeb

      I can’t understand why some people are so slow on the uptake.

      • veeper

        thinking is painful for some people ….

        so they avoid doing that…..

      • XCSX

        They are slow on the uptake ‘cuz they enjoy the daily poison administered to them by the Mainstream Media. And they hate Fox, which is trying to administer the anti-venom.

      • Debbie G

        Greed.

    • sashamanda

      Worse, they thought they would make big money off the deal with Obama at the public’s expense.

    • Edward

      Everyone talks about this RACE problem and says that this RACE problem
      will be over when the third-world pours into EVERY White country and
      ONLY into WHITE countries.

      -

      Everyone says the final solution to this RACE problem is for EVERY White
      country and ONLY White countries to “assimilate,” that is, intermarry,
      with all those non-Whites.

      -

      They’re pushing wHiTe geNOcide!

      -

      They claim they are “anti-racist”, what they are is anti-White

      Anti-racist is a code for anti-White

      • Wolfthatknowsall

        Since I’m 1/2 Comanche, am I already a “mud person”?

      • BagLady

        Sadly Edward, skin colour still matters everywhere in the world. We can plot it in any graph: (1) White (2) Mulatto (3) yellow (4) Black.

      • BagLady

        Whatever you’re on you should desist. You’re becoming paranoid.

    • BagLady

      While you’re all attacking the left flank, the right is moving into position. There’s a pincer movement going on. You’re all being screwed by the lot of them; left and right Until you face up to the overcharging at every level, you will have no ‘health system’.

      • Les Nessman

        They have to overcharge to make up for the deadbeats. Everyone suffers as a result. The only reasonable solution is a two tiered health system. People who work for a living, pay for health insurance, or have their employer pay it for them, use the current system. Wards of the state go to government run, free clinics, that employ Binder and Achmed and Muhammad–doctors who are mostly competent, yet are comfortable living on a less than stellar stipend from the government. Get the illegals and welfare sponges into government run clinics, and the prices for the rest of us will magically drop.

        • XCSX

          The illegals & welf sponges will still go to ER for treatmt. And it will still be illegal for the hosp 2 refuse ER trtmt, insured or not. And hosp will continue to overcharge the rest of us 2 make up difference, or go bankrupt. Or we cud get the medical firm of Binder, Achmed , Moohammad, Allah, & Akbar 2 do their residency in ER, and work fer cheap. The triage nurse wud be required by law (if yer WASP) to ask ” Wud U prefer Dr Allah or Dr Akbar?”

          • BagLady

            Well now, I don’t really know. Are they good doctors, or do you believe that one’s name somehow stymies one’s ability?

          • XCSX

            It’s taking me a while to grasp the depth of your determination to be drop-dead resolute. I won’t try to amuse you again. I get the impression that you have had some 1st hand experience with morbid healthcare situations. I will, however,regale you with some of my daughter’s medical experiences. One such being the treatment of a young lady who, traveling at night along a rural Florida highway, feeling the urge to relieve herself, pulled off the highway, walked into the palmetto, and squatted on a rattlesnake. Sara’s 1st snakebite patient. Large snake. Lots of venom injected. Did you know that anti-venom is 10K$ per vial? I was flabbergasted when Sara told me that.—– Well anyway, the patient survived, (with the requisite nasty scar) and a 90K$ hosp bill. Hey wait, YOU made ME laugh.—– when you said “and the single payer is um-wah” That was a funny, right? (Maybe you ain’t so drop-dead resolute after all, darlin’)

          • XCSX

            And you don’t think that’s the least bit funny, you need help & you get to choose between ‘Allah’ and ‘Akbar’?

        • BagLady

          There are trees in the grounds of the Government Hospital, Delhi. It is shady and the sound of birds gives a tranquil feel to the place. A woman is slumped on the roots of one of the the shady trees… stone dead. The A and E department is below ground, down a concrete ramp. Exactly like an underground multi-storey car park. As you descend, you begin to see blood on the walls and the sounds of excruciating pain. An old man sits on an old charpoy by the wall, his stump of a leg wrapped in gauze and dripping blood. He has received no pain releif and groans while he rocks back and forth. At the bottom of the ramp, where there would normally be parked cars, hundreds of charpoys are lined up in the gloom, each with the filthiest sheet you ever saw. Every patient is an accident or emergency. In the actual ‘consulting room’ 4 young Indian doctors beaver with little or no equipment on patients lying in blood and gore.

          It is obligatory (or it was) for Indian doctors to serve their first year in such conditions and I expect they learn a great deal from the experience and take my hat off to them.

          However, that is India.

          Personally, I would go for dropping the “stellar” salaries (why would anyone need $23 million per annum to live on?). Why should I pay ten times the price of a generic aspirin just because a copy of it is in a bit of tinfoil with a fancy name on the box?

          I see so many ways to bring down costs before reducing services and yet you won’t even countenance such a solution.

    • BagLady

      Then shame on them all. Charities, hospitals et al should not be looking at profits, rather the benefits to their clientele.

      • XCSX

        If they (hospitals, doctors, et al) can’t make a “profit”, they can’t stay in “business”. My son-in law is a Dr. My daughter is an RN. Are they supposed to work for FREE, Bagtroll? Would U care to discuss this w/them?

        • BagLady

          No need to be offensive, particularly since you must eat humble pie. You clearly have no knowledge of accountancy otherwise you would not have made such an uneducated remark. First you have Income, then you have Expenses. The difference is Profit. Your doctor and nurse’s income will come under Expenses, as will Research and Devlopment and all running costs. The profits, my dear, go to non-working investors.

          • XCSX

            Had no intentions of being offensive. (cud U point out the “Offence”?) Have no intentions of eating H pie. Or shooting myself in the foot. Thanx 4 the acctng lesson. I was a Communications Mjr. But I know enough about hospital realities (thru my daughter & son n law) to point out a few acctng realities that U missed. Part of profits go to hiring additional staff as the hospital (and the patient load) grows. Building new wards is expensive. Buying up-to-date equipment is enormously expensive. Training staff to use utd equipment is expensive. Responding to lawsuits is expensive. All require capital investment. “Non-working investors” get what’s left over. Do you think ‘investors’ will gamble on a hospital that shows a flat balance sheet, my dear?

          • BagLady

            offense = “BagTroll”. Troll is not what I am.

            Investors should not be ‘gambling’ on a health system. That suggests a volatile market. Wherever the money is raised to provide this ‘human right’ should be fixed and safe. I’m afraid I am pro the British NHS even though successive governments, both left and right, have set out to destroy it. It is (as I speak) being carved up and handed in neat parcels to ‘mates’ and to date, the result is proving disastrous. (similarly in education)

            Arguing that Revenue – Expenses = Value is not as rewarding as Revenue – Expenses – Profit = Value flies in the face of logic.

          • XCSX

            I apologize if ‘troll’ offended U. I have redacted all of my comments regarding use of ‘troll’ on your behalf. Any investment carries a modicum of risk. Ordinarily, greater risk means potential greater reward. The inverse is obviously also true. But you haven’t answered my ? about a potential investor looking at a hospital’s bottom line. Let’s try role reversal. Let’s say a hospital needs 100 mill in capital improvements. (Not hard to imagine) Hosp Administrators are looking for investors. You are a potential investor. Would YOU be looking @ balance sheet?

          • BagLady

            Yes of course I’d be looking at the figures especially their reserves. Suddenly finding themselves in need of $100 ml investment for improvements suggests shortsightedness on behalf of the management. I’d expect it to be a ‘gilt edge’ company paying fixed interest/dividend.

            I could split hairs and say that improvements come under expenses but never mind. Let’s change it to hospital extension for the sake of your argument.

          • XCSX

            I used the 100mill figure because both major hospitals in my hometown are CONSTANTLY expanding, and are constantly looking for financing. Interesting that you use the word ‘reserves’. I would think that ‘reserves’ would be a function of ‘profits’, the theme of our discussion. I do think that something should be done about the obscene profits that the drug manufacturers make. And I don’t entirely believe their claim that “We have to make uber profits to finance R&D.” I’m okay with ‘profits’, but not to the point where they hold people ‘hostage’. You’ll probably snag me on this one.

          • BagLady

            I shan’t snag you at all. I agree totally. Although I think medicine, education and facilities should be Non Profit. By which I mean no margin between gross and net after all R&D etc have been catered for. I disagree totally with the idea that to get the right man for the job necessitates searching within an extremely small pool of connected genes and coming up with a ‘mate’ who’s reward for success/failure is equally rewarded and way outside the norm.

          • No need for a shallow grave

            It is high time for me to introduce the concept of “tolerable exploitation” to anyone who thinks non-profit =/= COMMUNISM.

            COMMUNISM is a FAILURE because no one wants to be FORCED to give their stuff away for free. Not labor, not land, nor family jewels. Oh sure, people get a benevolent streak going here and there, and we can be grateful for that. But in general, people need POSITIVE MOTIVATION. Not a bayonet in their back…

            Thus “tolerable exploitation” is a reasonable rate of return for investors, and that comes from profits of an enterprise, the remainder going to current leadership, be they executive managers or founders. Growth (equity) = profit, so reinvestment beyond basic maintenance is ALSO profit! Managed growth, rate of return tied to interest rates, and the FED out of interest rate fixing is all needed. I would expect investor returns of 7% would work out great for everyone, as would interest rates. If reinvestment and entrepreneurial rates were similar, you get managed growth, stimulus to create jobs, and wages tied at least partially to productivity rather than stagnating at 0% for 40 years against inflation (at least in the USA).

            A national sales tax of 7%, and some stable and expected currency devaluation on a schedule can fund normal governmental functions. The US Dollar continues as reserve currency, and a resurgence in the US economy will keep it there.

            The ENTIRE WORLD must start to pay taxes to the US in the form of mild currency devaluation over time out in the open. As bad as US interventionism & war profiteering in the Middle East really is, they amount to not much more than a “hobby war” for Zionists that sit atop the thrown of Amerisrael. Stop and think! Imagine the world WITHOUT the USA. It would be run by Russian Oligarchs or perhaps the Chinese….

          • BagLady

            “Tolerable exploitation”. I agree with you on this point, of course. A middle man used to be called “Mr/Mrs ten percent” and played a valuable part as intermediary in business. The tax-payer funded Councillor, however, providing you with garbage collection, pothole filling, car parking etc. should not be amongst the ‘exploiters’ demanding ‘bonuses’ for doing the job they are already well paid for.

            I see in today’s British papers that one Council head on an annual salary of BP160,000 (more than the Prime Minister), hasn’t attended her office since November. We are not allowed to know why she can’t work for her salary and in my opinion this is not ‘tolerable exploitation’ but outright abuse of public office.

    • BagLady

      Then good. What right have charities, hospitals and clinics got to think in such terms? Profit. Profit. Profit. Growth. Bullshit. Let’s have a little value for money for a change. Let’s have a bit of philosophical thought on the subject of where it’s all heading. You all defend the CEO’s paycheck of $25million per annum as though he had actually sat down 9 – 5pm and earned (can’t be arsed to do the math) per hour. Come on. The bubble burst for most everyone and yet you argue to keep the 1% fully pumped up in theirs as though the rest of us will perish without their crumbs. We’ll see a bit more ‘trickle down’ when theirs is burst and the benefits are more equitably spread.

      As I argued elsewhere, I support the sort of model that John Spaden Lewis advocated when he set up John Lewis in Britain: “INDUSTRIAL DEMOCRACY” he called it, and looking at the balance sheets of such companies and the ‘happiness’ level of their staff/shareholders/customers, I shall plump for this model. It would seem to represent a win-win situation, so rare nowadays.

  • veeper

    Mean while kathleen sebelius flies to jacksonville, fl. to make a 10 minute announcement about obamacare at a local black community sports park….

    WTF……???

    there’s your tax dollars at work……..

  • http://www.clarespark.com/ Clare Spark

    There is no doubt now that POTUS is out to destroy market society. Many of his supporters viewed him as a moderate with big dreams, but they were deluded. See http://clarespark.com/2012/07/19/communist-ideas-go-mainstream/. POTUS is no turn of the century Progressive. “Communist ideas go mainstream.”

    • carpe diem 36

      they did not pay attention to what he actually said, when he said that he will bankrupt the coal companies he said exactly what is happening but people without a brain did not understand what he meant. and when he said he will “fundamentally transform America” again they did not understand and did not ask what he meant, he specifically did not say “:improve” he wanted to make this country into a Communist one and he is doing it with the help of so many useful idiots.

    • XCSX

      Obummer IS however, a turn of the century MOOSLIM. We should be proud 2 have a Communist Mooslim running things. YAAAAAAAY! What could possibly go wrong?

  • carpe diem 36

    they get what they deserve, they thought that they will get more subscribers and got just the opposite, now they are worth nothing and it will be worse for them and they will ask me to bail them out, or my gov’t and I hope it will not happen, they gambled and lost, and those who did not have insurance still do not have it, and those who had and lost it will pay a lot more, and Obama objects to calling this POS of a law Obamacare. it is his baby and he cannot run away from what he created. of course he had a lot of help from the eediots who voted for him. i hope that those who voted for him will suffer a great deal, but they also caused good people to suffer. what a legacy for Obama-Soetero or whatever the he!! his name is.

  • soldout_in_sf

    Those who oppose the affordable healthcare availability law are fools

    Having everybody in the US have health insurance is a good thing. Almost all of those who oppose the law do not know what the law is about.

    All it does is guarantee that every person can have access to health insurance. It has subsidies so the poorest can afford it and it has small penalties for those who don’t get insurance.

    The federal government also set up a system to help insurers and the uninsured find each other so insurance is available.

    All this law does is make sure every US citizen can get and have affordable health insurance no different than making every one have car insurance.

    Over the next 3-4 years as people learn about the law and get used to it. Millions will be able to get insurance and the billions that hospitals lose from treating those who can’t pay will stop and lower hospitals cost means lower health costs for every one.

    The only mistake was anyone thinking this would happen over night. Having such a large programs try to have millions join in 3- 6months is silly. It is just to large and complicated to get to run smoothly in such limited time.

    5 years from now everyone will have forgotten all these short term difficulties.

    • Myrtle Linder

      The fools are those who believe in the lies, spewed out on us by Obama and his minions. He is wrecking the nation and not slowly at that, the country is not the same as five years ago, does not even resemble that.
      JESUS Said in Matthew 24:21-22, 13
      21. For then shall be great tribulation, such as was not since the beginning of the world to this a time, no, nor ever shall be.
      22. Except those days be shortened, there should no flesh be saved: but for the elect’s sake those days shall be shortened.

      13. But he that shall endure unto the end, the same shall be saved.

      • soldout_in_sf

        My faith is bigger than your faith.

        • Benji40

          My God is bigger than your god.

          • Les Nessman

            His god is Obama. And perhaps an electric car.

        • Drakken

          Your faith in your messiah Comrade Obummer is duly noted.

    • T100C1970

      “Having such a large programs try to have millions join in 3- 6 months is
      silly. It is just to large and complicated to get to run smoothly in
      such limited time.”

      The truth is that Sebelius and company had THREE YEARS to set this up and they FAILED MISERABLY.

      • soldout_in_sf

        The truth is, the web site is for a small subset of the population. the subset covered by an individual plan (not through an employer) or without any coverage.

        The right wing noise machine made a mountain out of a molehill in its quest to keep health care coverage profits as high as possible. That’s why, like Benghazi, like the IRS “scandal,” the ACA will not be a good campaign strategy for the republican party. Contrived controversies is all, because republicans have no desire and no idea how to help fix the economy, while Obama is president.

        • Les Nessman

          You are retarded. I have a friend who had to give up his health insurance for his family because it tripled because of obamacare. I guess you don’t give a rat’s about people like that, small subsets of the population, eh? I want to see how many libs run on the notion that they supported obamacare, soldout. It will not be a good campaign strategy for the dems. BTW, give your spare change to all the homeless you encounter in SF begging from the sidewalks. Liberal policies put them there.

          • soldout_in_sf

            Sure you do.

            The homeless in San Francisco are a reflection of one of capitalism’s failures, its inability to care for the mentally ill.

          • Les Nessman

            You are truly stupid. I used to live in Reno, NV, and the SF homeless used to migrate back and forth between SF and Reno on a seasonal basis. BTW, capitalism seems to do just fine caring for one mentally ill SF resident. Who signs your checks?

            The homeless went away during the tenure of of the Matrix Program in SF. Do you remember that program? Did you lose your food stamps then?

            BTW–what exactly does “sure you do” have in context with anything on this thread? “Sure I do” what? Think that you are an idiot? Yes, I do. Surely.

            The homeless in SF are a result of fishheads like yourself. I’m sorry if you have compassion for the homeless, buckwheat–so do I. Blaming their fate on capitalism is a very weak argument. The homeless in SF migrate from afar because you give up your tax dollars to feed and clothe them. And then let them sh%t and p$ss on the sidewalks in front of the best restaurants on Market Street.

            You hang there, bud. I ain’t going to visit. And don’t come around visiting Dixie, where I live. Stay put, and step over bums on the sidewalk where you live. I’ll take a walk downtown here in MS any day of the week, and not encounter one homeless man. Why are there homeless in SF, and not in MS? Nimrods like you.

        • XCSX

          So let me get this straight, Soldtroll. You think that Ocare is only affecting a “Small subset” of the populace? MILLIONS of people are losing their insurance. Millions are seeing their premiums double. Did you read the *&^%$#ing above article? Have U read ANYTHING about Ocare? Do U unnerstand why Stalin referred to U as a “Useful Idiot”?

          • soldout_in_sf

            There are more than 300 million people in the US. The “millions” you’re suddenly so concerned about (you never cared about who had health insurance before the ACA) are a tiny percentage of all US citizens.

            Useful idiots are people like you, told by Fox not to believe any information unless it comes from Fox. You live in a misinformation bubble. Remember when you thought for sure Rmoney was going to win the presidential election? You’re just as wrong about the ACA.

          • XCSX

            Do have a chrystal ball, Soldtroll? Omniscient, maybe? How else could you know what a person “Thinks”? I’ve cursed a few Repubs’ for not addressing the healthcare ‘problem’ previous to ACA/Trainwreck. And I for dern sure think that Mittens had a chance. George F. Will convinced me of that. I didn’t even vote for Mittens, genius. And I get my news from sources besides ‘Fox’, You need to rerub your chrystal ball. Now let’s talk about “Useful idiocy.” Do you REALLY think that 2K$ is a “Small penalty”, genius? Now let’s try this—– “The federal government also set up a system to help insurers and the uninsured find each other…..” —- Your words. (Whether you know it or not, you’re referring to the “Back End”. Well chief, the “Back End” needs to be 30 to 40% rebuilt. That means it isn’t working. Google it and get your facts straight. And K Sebellius can’t even tell us if anybody has actually paid a premium. And you are PROUD OF THIS MESS?

          • soldout_in_sf

            Yeah, well, so you’re just born stupid. Good for you.

          • XCSX

            I’ll be glad to answer any of your questions. You refuse to answer ANY of mine. Whatsa’ matter, Soldtroll, don’t got ’nuff BRAINS to answer legit questions? Your pathetic ad hominem responses belie your intellect. (“so you were born stupid”)—- sounds like a 4th grader. Is zat all ya got, Soldtroll?

          • soldout_in_sf

            What’s your real name? Where do you live?

          • XCSX

            Dan McCloud…… I live in the mountains. danmccld@live.com

    • Chris Behme

      Sure. Because socialism works great and everyone loves it!
      Are you a paid Obama shill, or a freelance cheerleader for King Barry?
      What a pantload.

      • soldout_in_sf

        Nothing about the ACA or the President is socialist. You’re sadly misinformed.

        • Chris Behme

          Marxist? Fascist? Stalinist?
          He acts like a tinpot dictator.
          And his idiotic law will continue to be loathed until it finally gets repealed. Obama’s place as the worst president in history is secure.
          We have three more years of lunacy thanks to ignorant fools who elected the boob.

          • soldout_in_sf

            Chris – Turn off the right wing noise machine, it’s made you stupid.

          • Les Nessman

            Trip over the homeless on market street, soldout in SF. Yes, socialism works so well.

          • XCSX

            Soldoutroll obviously doesn’t know the definition of ‘Socialism’. Ya can’t fix stupid, chris. And in the case of Soldtroll, yer wasting yer time trying.

        • Les Nessman

          The president is not a socialist. You are correct. He is simply borderline retarded. Mental defectives cannot even grasp socialism, much less implement it.

        • Drakken

          The only one misinformed is you, and the fact that you pushing for this abomination on this country is stunning! Stupid commi, I” save you the trouble of your precious feelings, this ends up FUBAR, and folks like you will be to blame.

    • veeper

      good reasoning….

      it won’t be better….

      just that people will get used to being screwed…..

      • XCSX

        I liked the part where she said “Small penalties for those…..”. She thinks that 2K$ is chicken feed. Are you that WEALTHY, Soldout? Or have you simply not read the &*%$ing law?

    • http://www.shugartmedia.com/ Chris Shugart

      This sounds like bad satire, All the setup lines but no punchlines. But then it’s difficult to find humor in 11,000 pages worth of regulations affecting a sixth of the economy. Only the most naive among us could believe any good can come from this.

      • soldout_in_sf

        Only a right wing tool would believe that no one will benefit from the ACA.

        • Les Nessman

          I imagine that plenty will benefit from it, the same way that lazy, non working sponges benefit from my taxes.

        • http://www.shugartmedia.com/ Chris Shugart

          I’ve been called a lot of things, but “right wing tool” is a new one I’ll have to add to my cherished list of “epithets from people who have no idea who are what I am.”

        • Les Nessman

          Sponges will benefit.

        • XCSX

          “case ya haven’t figgered it out yet, O doesn’t want ACA to work. That’s why it was designed so poorly. After it collapses, (and it WILL, in spite of what U think) O will announce a SINGLE PAYER for all medical services. And HE (big government) will be the single payer. Hide and watch.

    • Les Nessman

      Do you drink “lean” or “grape drank?” Are you on fuc&ing luudes? What are people who have had their insurance cancelled because of this “law” going to do now? Huh? Wait 3-4 years for Obamacare to fix itself, while they die from lack of the health insurance that they had before? People are sick right now, bonzo, and their insurance has been cancelled. Is Dr. Zaius providing insurance for them from his “stash?”

      BTW–you ought to write your comments before drinking the grape drank. “Having such a large programs.” “A” denotes singular, “programs” denotes plural. I learned this in third grade. Does your mother know how bad your grammar is? Punk.

    • Drakken

      No matter how many goddamn times you bloody communists try communism, it always ends up a very nasty bloody affair, and the fact your from San Francisco really does say it all. I used to have sympathy for you folks on the left, I now have nothing but utter contempt and frankly when things get ugly, eff you and yours, for you deserve everything coming to you. The time for pleasantries and niceties with you on the left is over.

    • Les Nessman

      How many times have you cut and pasted this into forums at this point? Ten, twenty? You haven’t written “Walden,” dude–quit repeating your asinine comments. Come up with some new asinine comments.

    • XCSX

      Ya don’t pay 2K$ penalty for not having car insurance, Pal.

    • Debbie G

      It’s hard to believe there are still people who believe the Yellow Brick Road leads to the Emerald City.
      Let’s get down to real numbers. Even though I have health insurance through my employer, I decided to check out the Obamacare website. With my income, the government (or should I say taxpayer) will give me a $3000.00 subsidy (which I refuse to take since my burden should not be put on other taxpayers). So if I don’t take the subsidy, my insurance would cost me nearly $8000.00 a year. I can’t afford it.
      Five years from now, I would be broke, which will bring long-term difficulties.
      Sorry, brother, but you are the one who has been “soldout” by your president and his henchmen.

  • Lanna

    So now the Insurance companies will need to be bailed out by the taxpayers because they fell for Obama’s lies. Collapsing the system…Alinsky’s Rules for Radicals. Weren’t the goals to give people affordable healthcare? Well 5 million lost their insurance, and premiums have doubled on anyone who still has their original healthcare. Sounds like a lot of hog wash we were sold, especially when you are on the receiving end of Obamacare.

    • XCSX

      I have private healthcare thru Humana. My premiums haven’t doubled YET, but Humana is explaining 2 me why they MIGHT. Thanx again, O, you &%*#@!?^$.

    • BagLady

      Oh right. So now you want to bail out the insurance companies too. Poor insurance companies. How they must be struggling. Never mind, just think of the trickle down that will produce – once they’ve paid their annual bonuses that is.

      • XCSX

        A rear-end component of the ACA provides for the bail-out of healthcare insurers. Repub’ congressmen are currently enacting legislation to preclude such.

  • pfbonney

    A number of Insurers thought that it was a great idea for the President to force a lot of health uninsureds into purchasing their product. (UHC is one notable exception.)

    But, for the insurance companies, it is ending up like the Star Wars movie plot where Landau makes a lucrative deal with Darth Vader, which results in the (temporary) capture of Princess Leia and her band of rebels. But then Landau’s deal keeps getting worse and worse for him.

    But this unfolding disaster is very real for both the insurance companies and the American taxpayers.

    All Obama has to do is weather a few years of bad polls then he’s outta there, with his money, his perqs and his new connections.

    • thult

      United Healthcare is the government APPOINTED manager of MediCare/Medicaid!

      • pfbonney

        Boy. That sure explains a lot. Looks like they’ll not only make their money, but at their competitor’s expense!

        It’s a dog-eat-dog world out there, and UHC is the smarter dog.

  • Go4tech

    Yep..
    Go4Tech

  • BagLady
    • BagLady

      I know old folks are no longer listened to but I do hope you take a few moments to listen to this old and knowledgeable old boy

      http://www.youtube.com/watch?v=HTCTizWwBSc&feature=em-share_video_user

      • XCSX

        This is the part where Bagtroll shoots herself in the foot. (Why would an Atheist listen to PASTOR Lindsey Williams, anyway?) This guy is preaching about what’s gonna happen when our economy goes N2 freefall because of the collapsing dollar. Because of CRUSHING DEBT. And when the Repub’s oppose raising the debt ceiling, the Pols that Bagtroll voted for insist on MORE DEBT. I hope U don’t shoot yourself in the OTHER foot, Bagtroll.

  • veeper

    It’s really amazing that obama is such an unbelievable failure at everything he does…..

  • Lanna

    Gee, The Insurance companies fell for bogus claims from Obama, just like some of the useful idiots…They hitched their wagon to a fallen star!

  • pfbonney

    Numerous? I guess that’s actually correct. But it seems more like “endless crimes”. Certainly, it seems like an endless presidency, that’s for sure.

    It is incomprehensible, to me, that so many US Citizens care so little about this country, and all it has done for the world, that they would re-elect someone both so clueless and hates this country so much.