May 5th, 2014

Obamacare: protecting the insurance companies

You might want to take a look at this summary of the varied ways in which Obamacare pays off the health insurance companies who play ball with the exchanges: risk adjustment, reinsurance, and risk corridors.

8 Responses to “Obamacare: protecting the insurance companies”

  1. Ann Says:

    I’ve just assumed that the fix was in from the beginning with the insurance companies re Obamacare. Wasn’t the lack of their support, or rather opposition, the main reason Hillarycare failed in the 1990s?

  2. Ann Says:

    I wasn’t clear above. I meant to say the insurance companies opposed Hillarycare, not that there was a lack of opposition on their part.

  3. Lurker Says:

    Of course the ijits are trusting Darth Vader

    “I am altering the deal. Pray I don’t alter it any further. “

  4. Ymarsakar Says:

    “I find your lack of faith disturbing”

  5. Matt_SE Says:

    People (and companies!) gots ta get burned by socialists before they learn. No bailouts; that’ll learn ’em.

  6. Beverly Says:

    Boy, this guy is quietly enraged: “Irate Maine Doctor Writes His Senator About Obamacare”–

    Horrible for the patients — AND horrible for the doctors. Here’s how:

  7. J.J. Says:

    Thanks for the link to the doctor’s letter, Beverly. This is the nub of the problem. The system was a mess before Obamacare. It’s now even worse. Instead of reform, they just hastened the collapse. Whether they did it intentionally or out of stupidity doesn’t matter. It has to be repealed.

  8. Ymarsakar Says:

    It’ll be repealed about the same time social security is repealed, JJ. As in, never.

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Previously a lifelong Democrat, born in New York and living in New England, surrounded by liberals on all sides, I've found myself slowly but surely leaving the fold and becoming that dread thing: a neocon.

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