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View Diary: Amazing what people at work will say about the ACA... (197 comments)

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  •  One of the funnest (7+ / 0-)

    ACA Benefit to mention in discussions like this is:

    The Cap on Insurance Company profits at 20% (to be ratcheted down to 15% eventually).

    The previous system had no limit to CEO profits; ACA does.
    Remember those Insurance Company refund checks -- thank the ACA.


    BTW it is very easy to pivot to a single-payer discussion from here:

    Now, thanks to the ACA 80 cent of every dollar you pay to Insurance Company, NOW has to go to actually Health Care.

    Why isn't it closer to 100 cents on the dollar?
    What is it again that Insurance Companies bring to the Health equation again?

    ... The ability to say NO?  While charging you for that "service."

    •  ooo yes! - I forgot that one! (2+ / 0-)
      Recommended by:
      jamess, Dvalkure

      I am a progressive because it reflects life. We learn, change, evolve and grow. When we stay stationary and conservative - we perish.

      by EastCoastProgressive1963 on Thu Nov 14, 2013 at 05:56:19 AM PST

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    •  80% is pretty fucking good for insurance companies (0+ / 0-)

      Hell, 85% is awesome for them. A 95% combined ratio is actually very good for an insurer. Did you know that they make most of their profits by investing unearned premiums?

      That cap is a joke that won't lower anyone's costs.

      If you're not part of the solution, you're part of the precipitate.

      by HairyTrueMan on Thu Nov 14, 2013 at 06:06:41 AM PST

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    •  The 20% isn't profit, it is administrative costs (3+ / 0-)
      Recommended by:
      Inland, mmacdDE, Villanova Rhodes

      which does include profits. But it is dealing with all the different providers like doctors, hospitals, DME providers, pharmacies and all the other services you may use. It is dealing with employers or now the exchanges and processing the policies. It's printing up all the stuff to send you copies and all the billing etc, and on and on.

      You could try going and bargaining with each doctor etc for your care.

      I'm asking you to believe. Not in my ability to bring about real change in Washington ... *I'm asking you to believe in yours.* Barack Obama

      by samddobermann on Thu Nov 14, 2013 at 07:04:52 AM PST

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      •  It's everything except payment of claims. (1+ / 0-)
        Recommended by:
        my2petpeeves

        So it also includes dividends.

        "One faction of one party in one House of Congress in one branch of government doesn't get to shut down the entire government just to refight the results of an election."

        by Inland on Thu Nov 14, 2013 at 07:45:34 AM PST

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        •  Uhmmm, no. Dividend income on investment would (0+ / 0-)

          be outside that. But if they had big losses on their investments they could not justify higher rates to the state insurance commissioners.

          I'm asking you to believe. Not in my ability to bring about real change in Washington ... *I'm asking you to believe in yours.* Barack Obama

          by samddobermann on Fri Nov 15, 2013 at 05:24:37 AM PST

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      •  And advertising n/t (0+ / 0-)

        “Texas is a so-called red state, but you’ve got 10 million Democrats here in Texas. And …, there are a whole lot of people here in Texas who need us, and who need us to fight for them.” President Obama

        by Catte Nappe on Thu Nov 14, 2013 at 08:48:51 AM PST

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    •  Medicare is single payer and they say no (1+ / 0-)
      Recommended by:
      Catte Nappe

      Any single payer system will have to say no and SHOULD say no to some of the loonier things that are demanded.

      I'm asking you to believe. Not in my ability to bring about real change in Washington ... *I'm asking you to believe in yours.* Barack Obama

      by samddobermann on Thu Nov 14, 2013 at 07:07:05 AM PST

      [ Parent ]

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