The Winners are now Losers
It is funny to watch the insurance companies and large hospital corporations who supported ObamaCare when it was first being proposed now becoming very nervous as they see their projected profits from ObamaCare slipping away due the beast the Democrats created.
When Obama was first proposing this boondoggle he got the insurance carriers and hospital corporations on board with the tantalizing vision of:
For the insurance companies, everyone would have to buy insurance, increasing their revenue from premiums while offering more expensive policies which conformed to the new ObamaCare coverage requirements. Those in lower income brackets would receive subsidies which would be paid to the insurance companies to make up for reduced premiums they received, much like Section 8 housing.
The hospital corporations would now be able to stop cost shifting from those who could pay for services either personally, via insurance or a combination of both to subsidized indigent care they were forced to provide. Now everyone would have healthcare insurance and the cost for treating the indigent would nearly disappear as their profits would increase due to being reimbursed for all care delivered.
Now as the reality is sinking in the insurance companies are seeing a significant reduction in the projected number of policies they thought they would be selling, the insured mix is very heavily weighted toward older / sicker enrollees and the subsidies are not coming in anytime soon because the "back end" of the ObamaCare website is not only not working, it has not even been built yet. It's anybody's guess as to who has coverage, if they have paid, if they actually qualified for a subsidy or were shifted to Medicaid and qualified. Can anyone say "Death Spiral".
The hospital corporations are seeing they are not going to receive payment in a timely manner due to the insurance problems listed above and are now finding out there are still going to be more than 10 million people who are still not going to have coverage they still must treat, so the indigent costs are not going away but may well go up due to the new scope of services required under ObamaCare.
November 2014 is getting closer every day. The Democrats don't have a hope in hell of retaking the House and may well lose the Senate. Have you noticed many of the architects of ObamaCare are retiring so as not to face a possible re-election defeat in 2014?
Just my humble opinion.
You may well be right, but then?
[QUOTE=Doppelganger;438206]November 2014 is getting closer every day. The Democrats don't have a hope in hell of retaking the House and may well lose the Senate. Have you noticed many of the architects of ObamaCare are retiring so as not to face a possible re-election defeat in 2014?
Just my humble opinion.[/QUOTE][URL]http://www.washingtontimes.com/news/2014/feb/14/rand-paul-gop-will-not-win-again-my-lifetime-presi/[/URL]
Rand Paul think otherwise.
Did not read or did not understand?
Rev, either you did not read my post or the article you cited or you did not understand either.
I addressed the up coming 2014 mid-term elections. Paul was talking about the 2016 presidential elections.
I think Senator Paul is wrong, but we are way to far away to even be thinking about 2016 and need to concentrate on the 2014 mid-term election.
As I recall the Democrats were crowing about the "Death of Conservatism" after the 2008 elections only to take a similar beating in 2010. Too bad it was not a presidential year, Obama would have been gone, but alas it was not and we are still stuck with him.
The right wing will get everything it wants
[URL]http://www.huffingtonpost.com/rachel-durchslag/why-we-should-listen-to-m_b_2583484.html[/URL]
1937 was when the right wing became so afraid of the new deal debt
That the USA fell right back into the depression.
WW--please post about wine, women and song
Nice to see you posting again, but please hit the other parts of the forum. There is a whole group of of formerly active members from AP, who discuss politics on the NY Times and WSJ forums.
Welcome back.