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View Diary: Another Health Insurer Caught Falsely Cancelling Thousands of Health Plans (161 comments)

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  •  Cokie Roberts today... (5+ / 0-)
    Recommended by:
    ferg, kefauver, worldlotus, burlydee, Amber6541

    In a related story, Cokie Roberts on This Week today was warning about all the employers who are considering paying the fine and dropping health care when the mandate extension expires.

    I wanted to reach through the TV and scream at those idiots.

    Think about it...they are considering paying the fine instead of offering coverage, so goes the (faulty) reasoning, because the fine will be cheaper.

    Well then, why didn't they just DROP coverage BEFORE the fine went into place? That would have been cheaper still, right?

    So let's call it what it is: companies are wondering whether they can SCREW THEIR WORKERS and get the peasants to blame Obamacare for it.

    •  It's even worse for small companies... (2+ / 0-)
      Recommended by:
      worldlotus, Joe Bob

      because the ACA offered a 50% tax credit for the cost of their health insurance for companies with 25 (or equivelant) employees.  So in short, the fine might not be cheaper than if they actually went ahead and provided care, depending on the prices in their market.

      •  This is already happening (2+ / 0-)
        Recommended by:
        worldlotus, Amber6541

        ACA could regulate certain insurance practices (preexisting conditions, etc) but not make employers or insurance companies act in the best interest of ordinary people.  But not providing insurance will only hurt employers -- how many employees will choose to work for a company that offers no coverage?  The best employees will go elsewhere.  And those who stay will get sick, miss days of work, and not perform at their best.  Good luck with that, cheap bosses.

        The civil rights, gay rights and women's movements, designed to allow others to reach for power previously grasped only by white men, have made a real difference, and the outlines of 21st century America have emerged. -- Paul West of LA Times

        by LiberalLady on Sun Nov 10, 2013 at 08:22:37 PM PST

        [ Parent ]

    •  Why didn't they drop their coverage before? (2+ / 0-)
      Recommended by:
      nextstep, Joe Bob

      Because they would have felt "guilty".  The ACA "fine" gives them cover.

      http://freakonomics.com/...

      To come to our surprising conclusion, Uri ran an experiment: Out of 10 daycare centers across Haifa, they randomly chose six and introduced a small fine for parents who showed up more than 10 minutes late in each of them. In day cares where the fine was introduced, parents immediately started showing up late, with tardiness levels eventually leveling out at about twice the pre-fine level. That is, introducing a fine caused twice as many parents to show up late. What about the remaining four day care centers that remained fine-free? Tardiness didn’t change at all.

      The picture that emerged from this experiment, co-authored with Aldo Rustichini, was that parents had a whole set of non-financial incentives for being on time – incentives that were completely incompatible with money. Like, for example, avoiding the guilt of inconveniencing the day care workers. As soon as parents had the option to pay a small fine and avoid that guilt, they took it en masse. [Ed.: this experiment was also discussed in Freakonomics.]

      Learn about Centrist Economics, learn about Robert Rubin's Hamilton Project. www.hamiltonproject.org

      by PatriciaVa on Mon Nov 11, 2013 at 08:56:28 AM PST

      [ Parent ]

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