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10-15-2017, 08:56 AM
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Senior Member
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Join Date: Nov 2009
Location: colorado
Posts: 1,595
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Health Insurance company profits
Hey, does anyone know where to find, if they exist, the provit peveps of the insurance companies? Specifically, how has Obamacare affected this?
I did not spend a lot of time googling, but I did find this
https://www.consumeraffairs.com/news...ses-110116.htm
It is a bit weak of an article to be used as proof. I did not find anything more substantial to quote.
The article simply states the insurance companies are showing record profits despite AHCA
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Instead of a debate, how about a discussion? I want to learn, I don't care about winning.
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10-15-2017, 09:55 AM
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reflexionar
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Join Date: May 2009
Location: Central Oregon
Posts: 2,273
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__________________
“Anyone who is capable of getting themselves made President should on no account be allowed to do the job.” Douglas Adams
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10-15-2017, 10:22 AM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Obamacare has been a big, wet kiss from the Democrat party to the health care stocks.
https://www.cnbc.com/quotes/?symbol=XLV
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10-15-2017, 11:38 AM
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Senior Member
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Join Date: Nov 2009
Location: colorado
Posts: 1,595
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It certainly seems like the insurance companies have made more than ever.
I WONDER IF THE DEMOCRATS KNEW THIS IF THEY WOULD BE MORE LIKELY TO ALTER(DAMM CAPs LOCK) or replace the AHCA.
I know I am PO's that they are making this money and still raising their rates by so much next year. I still think that all health care should be a "not for profit" industry. Not a "non-profit", but a not for profit.
__________________
Instead of a debate, how about a discussion? I want to learn, I don't care about winning.
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10-15-2017, 01:00 PM
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Senior Member
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Join Date: Oct 2011
Location: San Diego via Vermilion Ohio and Points Between
Posts: 11,538
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Quote:
Originally Posted by JCricket
It certainly seems like the insurance companies have made more than ever.
I WONDER IF THE DEMOCRATS KNEW THIS IF THEY WOULD BE MORE LIKELY TO ALTER(DAMM CAPs LOCK) or replace the AHCA.
I know I am PO's that they are making this money and still raising their rates by so much next year. I still think that all health care should be a "not for profit" industry. Not a "non-profit", but a not for profit.
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You could replace it with single payer and your taxes would really go up, so Americans would complain about that also. Unlike in the UK where most citizens favor the National Health Americans would deride Medicare For All just like they seem to hate all other aspects of big government.
Not saying single payer would not be better just telling the truth. That is why we have Trump in the White House right now.
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Never was there a time when I did not exist, nor you, nor in the future shall any of us cease to be.
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10-15-2017, 01:07 PM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Quote:
Originally Posted by JCricket
I WONDER IF THE DEMOCRATS KNEW THIS IF THEY WOULD BE MORE LIKELY TO ALTER(DAMM CAPs LOCK) or replace the AHCA.
I know I am PO's that they are making this money and still raising their rates by so much next year. I still think that all health care should be a "not for profit" industry. Not a "non-profit", but a not for profit.
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The Democrats know this was going to be the case BEFORE they passed the ACA. That's why the insurance carriers were at the negotiating table with the Dems during while the legislative pieces of the ACA were being drafted. That's why you have components of the ACA such as the CSR payments and the Transitional Reinsurance Program.
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10-15-2017, 04:13 PM
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Senior Member
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Join Date: Jan 2012
Posts: 5,172
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Insurance rates were going up before the ACA.
I remember mine going up in the two years prior to the legislation.
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10-15-2017, 04:17 PM
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Junior Member
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Join Date: Sep 2017
Posts: 14
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Quote:
Originally Posted by icenine
You could replace it with single payer and your taxes would really go up...
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I would gladly pay more taxes if we could move to single payer. I am sure the taxes would be less than the $1600 a month I pay now for health insurance.
Quote:
Originally Posted by barbara
Insurance rates were going up before the ACA.
I remember mine going up in the two years prior to the legislation.
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Agreed....and single payer is probably the best option to control costs...
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Bob T.
"I always prefer to believe the best of everybody, it saves so much trouble." -- Rudyard Kipling
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10-15-2017, 04:18 PM
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Senior Member
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Join Date: Oct 2013
Posts: 3,554
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Quote:
Originally Posted by icenine
You could replace it with single payer and your taxes would really go up, so Americans would complain about that also. Unlike in the UK where most citizens favor the National Health Americans would deride Medicare For All just like they seem to hate all other aspects of big government.
Not saying single payer would not be better just telling the truth. That is why we have Trump in the White House right now.
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Taxes would have to go up a hell of a lot before it offsets what I'm paying in premiums.
I could absorb a 10% income tax increase and still come out ahead if I didn't have insurance premiums.
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It occurs to me that republicans seem to view black, Mexican, LGBT, Muslims and poor people in the same light as Nazi Germans once viewed Jewish people. We must be vigilant that it goes no further.
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10-15-2017, 04:21 PM
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Junior Member
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Join Date: Sep 2017
Posts: 14
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Quote:
Originally Posted by MrPots
Taxes would have to go up a hell of a lot before it offsets what I'm paying in premiums.
I could absorb a 10% income tax increase and still come out ahead if I didn't have insurance premiums.
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You and I both, Mr P....
__________________
Bob T.
"I always prefer to believe the best of everybody, it saves so much trouble." -- Rudyard Kipling
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