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View Diary: Insurers gaming the ACA and robbing the public (54 comments)

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  •  The Good News Is More Americans Are Getting (2+ / 0-)
    Recommended by:
    maggid, Cassiodorus

    healthcare.  The bad news is that we still have private health insurance.  I predict that private health insurance companies are going to eventually go out of business.  What is going to happen is that when that happens the government will go to Medicare for all.  More and more companies are getting out of the healthcare insurance business.  What HHS should do is change the formula of qualifying for Medicaid where more people qualify every year.  Also, the main thing is to get a democratic president in 2016 and get some more liberal judges on the SCOTUS and go back to court and force the states to expand Medicaid.

    "Don't Let Them Catch You With Your Eyes Closed"

    by rssrai on Tue Nov 12, 2013 at 12:56:44 PM PST

    •  Why would insurance companies go out of business? (6+ / 0-)

      They're projected to make huge profits under the law.

      The only scenario I see of them really being in danger of going under is if the actuarial balance of young healthy people to older, sicker people is thrown off. But if that happens the ACA as a whole isn't going to be viable, and will need to be replaced.

      All the website stuff makes me think that scenario is not unlikely. But we should prepare for it by pushing for single payer, not trying to PR the law's problems under the rug.

      •  Yeah, that's the problem with no Public Option (5+ / 0-)

        Without real competition between health plans, ACA allows insurance companies to increase their revenues and profits to astronomical levels.

        It increases their power to buy elections and government at the state and federal level, affording even greater protection for their oligopolies.  

        Our best hope is to restore the Public Option, then move on to Medicare for All.

        If cutting Social Security & Medicare benefits for low income seniors is what Democrats do after they win a budget standoff, I'd hate to see what they do after they lose one.

        by Betty Pinson on Tue Nov 12, 2013 at 01:56:09 PM PST

        [ Parent ]

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