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View Diary: AWESOME Vanity Fair Piece on the GOP lies about Obamacare (91 comments)

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  •  If that's true (0+ / 0-)

    then these companies will have less coverage or higher prices, and they would theoretically lose market share in the exchanges.

    Inevitably there is reason to see falling insurance costs, up to a point.

    A true craftsman will meticulously construct the apparatus of his own demise.

    by onionjim on Sat Sep 28, 2013 at 06:41:41 AM PDT

    [ Parent ]

    •  These companies aren't in Exchanges (2+ / 0-)
      Recommended by:
      onionjim, elwior

      This is a completely different system, not part of ACA exchanges.  They're simply insurance companies that the individual state contracts with.  

      They will automatically receive Medicaid funding or "premiums" every month from the federal government, whether or not the patient actually uses the plan.

      Some states may call them "exchanges" but they're not regulated by the federal government, except to the degree that Medicaid is regulated.  The expansion of Medicaid was the only thing that was included in ACA.  There's no provision to regulate private insurance sold by states.

      "The international world is wondering what happened to America's great heart and soul." Helen Thomas

      by Betty Pinson on Sat Sep 28, 2013 at 09:18:43 AM PDT

      [ Parent ]

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