This page has been archived and commenting is disabled.
Insurers To White House: Delay ObamaCare Or Risk "Chaos"
With eight months left until million of Americans are supposed to begin shopping at online markets created by the Obamacare 'tax' law, the insurance industry is concerned at the government's lack of readiness. Bloomberg reports that Jim Donelon, the head of the National Association of Insurance Commissioners, suggested that President Obama may need to delay the implementation of the health-care overhaul or "risk chaos" when the subsidized plans go on sale later this year. While it is clear that the administration has shown no sign of seeking a delay, Donelon notes that "...to rush into implementation before it's ready would not be in the President's best interest."
Via Bloomberg:
President Barack Obama may need to delay his health-care overhaul or risk “chaos” when subsidized insurance plans go on sale in October, the head of the National Association of Insurance Commissioners said.
It’s unclear how well the federal government or any of the participating states will perform on Oct. 1, when millions of Americans are supposed to begin shopping at online markets created by the law, Jim Donelon, the NAIC’s president, said in an interview at Bloomberg headquarters in New York. While the administration has shown no sign of seeking a delay, it may be in the president’s best interest, he said.
“It’s his calling-card, signature issue and to rush it into implementation before it’s ready would not be in his overall interest,” said Donelon, a Republican who’s also Louisiana’s insurance commissioner. State officials around the U.S. “don’t want it to create chaos.”
The Obama administration and 18 states are preparing to establish the insurance markets, a centerpiece of the 2010 law designed to extend coverage to millions of uninsured people. The association, which represents state regulators, today named former Democratic Senator Ben Nelson of Nebraska as its chief executive officer, in an attempt to expand its influence in Washington.
“We needed the gravitas, the phone calls returned, to go to Capitol Hill, to tell our story, defend our turf, and beyond, protect and promote our system around the world,” Donelon said. “I think all the way up to and including President Obama would return Senator Nelson’s phone calls.”
»
- 18508 reads
- Printer-friendly version
- Send to friend
- advertisements -
BULLISH
Didn't you mean..... BULLISH MOTHAFUCKA!!!!!
Stop it. You're killing me!
I stand corrected.
Oh no!
The S&P is hitting the "Lows for the day"
How come Mandy isn't telling me to BTFD?
http://www.youtube.com/watch?v=zfvzs_k2Jos
I'd go down under with her. How about you?
S&P at the lows for the day. Here we go.
This is gonna be fun!
“ Risk "Chaos" “ ??
WTF?
How can there be any risk involved when that is the goal for the Cloward-Piven White House Gang?
http://en.wikipedia.org/wiki/Cloward%E2%80%93Piven_strategy
CEO of NAIC is none other than former Sen. Ben Nelson.....he wrangled for the insurance companies before.... douche
The Cornhusker Kickback: Perhaps inspired by his Louisiana colleague, Sen. Ben Nelson secured exemptions for Nebraska's Medicaid payments worth around $100 million. Along with MI Sen. Carl Levin, he also got a carve-out from the insurance fees for his state's Blue Cross/Blue Shield programs. Moreover, insurance fees for Medigap policies sold by Mutual of Omaha and other Nebraska companies were reduced.
i have some business in the insurance industry and I concur...the RULES out of the states, which drive what benefits and entitlements are mandatory aren't even finalized yet.
This entire HCA is a charlie foxtrot. You'd expect nothing less out of fedgov or Obama
What makes you think this cluster fuck wasnt intentional?
The government is now only capable of governing in a constant state of crisis. It is how they can get shit done. And when I say "get shit done" I mean "oppress us more."
Remember the hallmark of governing.
"Let no crisis go to waste."
rahm emanuel gets credit for the idea (and he should be beaten for it regularly) but the idea predates him (probably by millennia).
the irrepressible lefty naomi klein wrote a book about this called the shock doctrine which, like das capital, is pretty good at critique if not quite as effective at proposing reform (but better than marx):
the book traces origins back fifty years, to the University of Chicago under Milton Friedman, which produced many of the leading neo-conservative and neo-liberal thinkers whose influence is still profound in Washington today. connections are drawn between economic policy, “shock and awe” warfare and covert CIA-funded experiments in electroshock and sensory deprivation in the 1950s, research that helped write the torture manuals used today in Guantanamo Bay. relationships to Pinochet’s coup in Chile in 1973, the Falklands War in 1982, the Tiananmen Square Massacre in 1989 and other events are drawn.
"... neo-conservative and neo-liberal thinkers ..."
If "neo-conservative" ... what in fact and in reality?
If a "neo-liberal" ... what in fact and it reality?
Unclear terms expressing unclear thought in my book ...
bullish health insurance premiums. my employer just raised my bi-weekly contribution by almost 22%.
36% YoY increase.
nothing to see here folks, no bubble here, go back to your tv's and microwave dinners
You lie! (this is what the MSM is telling me anyway and they never lie!)
http://www.foxnews.com/politics/2013/01/21/premiums-set-to-rise-this-yea...
Premiums for individuals and small businesses are projected to increase due to the tax by roughly 2 percent this year and by as much as 3.7 percent in 2023, according to a widely cited analysis by the insurance industry.
I'll top that lie, insurance premiums will in 2013 now be added as income to the insured. You just had $15k added to your salary (IF you have employer sponsored health insurance), do you feel richer? No?
You wanted tax increases by voting for Obama, just wait for your W-2 in 2014.
Source on that ?
That will start rioting in the streets if right.No wonder they in such a hurry on getting the guns.
http://www.forbes.com/sites/janetnovack/2012/06/29/surprise-coming-obama...
How could anything like this go wrong? http://www.freedomworks.org/blog/dean-clancy/obamacare-chart and here: We’re going to be gifted with a healthcare plan we are forced to purchase and fined if we don’t, which purportedly covers at least ten million more people without adding a single new doctor (but provides for 16,000 new IRS agents), written by a committee whose chairman says he doesn’t understand it, passed by a Congress that didn’t read it (but exempted themselves from it), and signed by a president who smokes, with funding administered by a Treasury chief who didn’t pay his taxes, for which we will be taxed for four years before any benefits take effect, by a government which has already bankrupted Social Security and Medicare, all to be overseen by a Surgeon General who is obese, and financed by a country that’s broke.yes, but America is diverse and getting diverser and more culturally vibrant and that is all that matters.
All the things you bring up would have been relevant in Old America, which is simply illegitimate.
i am white anglo saxon protestant, when they finally kill me imagine the utopia
Wait, are you male or female? Females can stay, but white anglo males of your type are not wanted.
i'm male. but nobody likes a mudshark.
Next thing you'll be telling me is that women can serve forward combat positions
Got mine on Ebay
Was it a Cadillac plan?
#winning!
Plus 1 million!
TideFighter...
Whats your point..?
TideFighter
"... all to be overseen by a Surgeon General who is obese, and ... "
OMG - your are not kidding ... I did not know ...
Pictures:
https://www.google.com/search?q=Surgeon+General&hl=en&tbo=u&tbm=isch&sou...
The Surgeon General’s Weight Struggle
http://well.blogs.nytimes.com/2010/01/11/the-surgeon-generals-weight-str...
Get fired from job, collect unemployment, collect welfare, collect food stamps....now with free healthcare. All while sitting on your ass.
This is the land of opportunity.
It's rigged like this fucking market....
And don't forget enough free porn to make ya' peel yer dick like a banana! Shangri-la in our time!
That's why internet porn will never be outlawed.
An absolute necessary part of the circus of "bread and circus" fame.
Without porn, you might actually have to get married and be stuck looking at the same hair pie for the rest of your life.
What a doofus, I pulled a double Boehner (boner).
you've got to buy your new healthcare plan to know whats in it
If CHAOS is the risk then we can be sure it will be implemeted without delay, after all its all part of the globalist plan.
"You never want a serious crisis to go to waste" Rahm EmanuelAgreed, perfect opportunity to slip in the "public option".
Clearly, this is the Repubs and Tea partys fault
what a bunch of bullshit. Figures. I was psyched for this thing to kick in so my premiums go way down.
- dumb fuck
Say, can I interest you in some real estate close to Rockall?
I don't know about you, but my income requirements (partly due to owning my own place outright) are very low. The effect of Obamacare on me is...to reduce my income so someone else pays for my insurance. By the way, we all need to seperate the conversation between insurance and health care. They are not the same.
we all need to seperate the conversation between insurance and health care.
No kiddin. Yet you can't even get that point to permeate public consciousness.
"Yet you can't even get that point to permeate public consciousness."
So we should all say it a few more times to get it out there:
We all need to separate the conversation between insurance and health care. They are not the same.
Good work, gentlemen.
Don't know what planet you're on, but I've never once seen premiums go down, let alone way down.
Did you happen to forget this emanated from a crime syndicate (albeit one with excellent PR)?
I hear MDB is now selling Herbalife, maybe you should contact him and get in on the ground floor.
http://i14.photobucket.com/albums/a313/fullauto4u/aw_jeez_not_this_shit_...
Meanwhile, checking in with Obamacare beta
Government = Chaos
Governments establishing markets. Hmm isn't that an oxymoron or something? Cartels come to mind, other than that I don't see any "market".
Are there any markets left, anywhere? Oh yeah, the black one....
Ben Nelson? He's the guy that got a bunch of exemptions for his state with the horse trading for final passage.
LOL. The fascists with the red uniforms have to hire a fascist with a blue unifrom to have their phone calls answered by Barry.
I would like to see the revenue forecasts for these insurers before I make an opinion on this ...
Are they forecasting smaller margins/revenue?
With Ben cranking out the Benny Fucks like he is, they sure ain't getting much of a return on their investments. Oh, and weren't the loss ratios prescribed too? All your margins belong to us. Thats the margin' orders so to speak.
Just means less liquidity to sop up later, right?
ObamaCare is incredibly arcane, poorly written, and weighted down with thousands of rules & regs, not to mention boards, panels, and bureaucrats. It is simply not workable in the real world--doomed to fail. Just watch and see.
Did you see any of the Clinton "testimony" yesterday? Point being we are not in the real world anymore. They will make obunghole care work even if it kills all of us.
You've forgotten to take your meds. We live in the matrix so the whole thing is programmed to succeed.
Excatly as planned.
Criminals have not the capacity, let alone the desire to provide efficient goods and services.
If they did, they wouldn't have to be criminals.
Bullshit. Some of the most reputable businessmen I've personally known have been drug-dealers.
Yep, not criminals. See how it works?
It's supposed to fail, so that when it fails the government can just come in and run it all without even the pretense of private enterprise.
Everyone knows you can't get Something for Nothing.
Obamacare provides us Nothing for Something, the bulk of the something goes to the TBTF Insurance Cartel.
Massive middle-class tax increases ahead with the launching of yet another entitlement program. This one resembles the Titanic, not the Good Ship Lollypop.
Pathetic.
I'm from the government and I'm here to kill.....
Of course, your higher insurance premiums will not be delayed
you mean the 'tax increase', and the penalty of not paying is far less than the medicine we're being administered
I'm sure the IRS can provide clarity for the Insurance Cos. <heavy sarc>
How much hollow-point ammo did they buy again?
In all actuality, not enough. Let the genocide commence.
It will be a clusterfuck...total....just think of all the new forms...rules and regulations a doctor has to fill out now....and of course race and gender reports...Doctors will be quiting practice...in 5 years we will be importing Cuban doctors to staff hospitals
The question is, will they be genuine cubans?
Nah. prolly Dominicans and Nicaraguans
Just imagine the Government Form 12-45(b) that the Docs will have to fill out indicating which patients of theirs has firearms in the home. This form is sent directly to BATF.
Im kidding, but not really.
WOW!! First time I ever heard one of these douche bags clearly state that they were buying influence. How refreshing and disgusting at the same time. I wish I could afford to hire a former politician to represent me. You know.......since the current ones DO NOT!!!!
We could use a little chaos right now...everything has become too predictable....just BTFD.
I'm long on mass shootings and tax increases. I think I'll go long on clusterfucks too.
Its always a good idea to diversify your portfolio and have a certain percentage in clusterfucks.
Random chaos just went up 3000%.
"Would not be in President's best interest. " Screw the citizens. They are dumb Fuchs anyway; they don't know what's best for them. Come now Messiah Obammy, just write a bill in the basement of congress with Pelosi and w input from insurance companies, and all will be fine.
"Would not be in President's best interest. "
This is what it has come to.
This kind od chaos?
http://www.youtube.com/watch?v=PoBRXDNk5eQ&feature=player_embedded
Take two of these and call me in a couple of years.
And what's funny is that those hacks in the MSM say that health insurance premium will go up by an ``insane`` 2-3% every year between now and 2018... 2-3% uh?? YOU WISH. My aunt's premium went up 53% this year and some her friends went up by 100%!
Righto. My individual plan has increased by 18% to 20% in each of the last four years. Anyone who thinks insurance will increase @ 3% annually (i.e. 1/3 of inflation) is dreaming.
This was conceived with chaos in mind. The fucking around with the "fiscal cliff", Obumma Caren't, the lack of a foreign policy, the gun control crap....as mcuh shit as they can throw in the air. no one can keep track of all this shit, and you are NOT supposed to be able to do so.
This fuse was lit awhile back.
Its the ole bait and switch. You open up one front on your enemy and when they're fighting that tooth and nail you open up multiple fronts somewhere else.
Worked in defeating the Nazi's during WWII. You had the Russian front, then the Allies open up the African campaign and then moved up into Italy, then they open the Normandy front and the Germans finally collapsed.
Try having a snowball fight with two or more people at once.
two front wars are unwinnable -- hitler was advised by his generals to postpone the russian front, but... his mind was pretty much wasted at the time, and ignored the advise
I think when they implement it doesn't matter. The young and healthy employed without benefits are not going to buy it. All they have to do is make sure they owe the IRS at the end of the year.
Also, employers will be dropping health care benefits. People living week to week on their pay won't be able to pay anything into it.
I think the government wants total chaos so they can just start a national medicare service for all and require a new payroll tax to pay for it. The insurance companies are probably shitting bricks cause if that happens, they're out of business.
If you thought the pissing and moaning by O'voters about the payroll tax increase was bad, wait until this monstrosity kicks in. They'll be losing their minds, er, too late.
Why in the world do we need tax revenues when Benny's got his printer and a need to monetize exponentially from a baseline flow of 85B/mo?
Problem solved.
So, is this aimed at getting employers out of the business of offering healthcare plans to their employees, and they will just tell employees to go get their own in 'the market'?
Or am I missing something here?
Yes, so eventually that will funnel everyone to national healthcare.
They've already raised the ObaMao DeathCare taxes so who is worried?
Sorry to hijack this but why haven't I seen more on the white House petition to Perform an assayed public audit of all the Treasury's claimed 8,100 tons of gold and net of swaps, loans & sales.
Sorry to hijack this but why haven't I seen more on the white House petition to Perform an assayed public audit of all the Treasury's claimed 8,100 tons of gold and net of swaps, loans & sales.
Because they'll either keep raising the number of signers needed to secure comment - or, in the alternative, just give us the finger.
Bring on Obamacare. No changes, no amendments. Let the chaos begin - the sooner, the better. Let the BHO supporters better understand the results of government run health care.
Postpone?! Fuck that, bring the pain already. Hitting the brakes is for pussies. Everybody wanted the free shit, well here it comes, and I hope everyone likes the taste.
Taxes go up, employment participation rate at historical lows, debt levels at historical highs, more government employees that ever before.....
....the cherry on the sundae - some government run healthcare that we all know will become the "line up and die system".
Isn't life grand?
Full Disclosure: I am a health care provider in the USA
The Affordable Health Care Act (why these fuckers name acts for the opposite of what they will really do is irritating) will accomplish a couple of things:
1. Bankrupt smaller weaker Insurance companies (possibly large bloated ones as well)
2. Possibly bankrupt providers as they will not get paid or payments will be delayed resulting in less and less access to care.
I have first hand experience as a provider with delayed payments from mutiple insurers but the most recent clusterfuck has occured in my state when they wanted more 'competition' with the States Medicaid program. I can't even start to tell you how they screwed the pooch with this one. Since Oct. we have been barely holding on - sweating payrolls and asking for more time to pay vendors.
When the chaos ensues the Gov't will nationalize all of health care. It is coming folks. Prepare for it.
Things are getting really interesting. I thank God I've been stacking since 1999.
speaking of 'stacking' what about a black-market barter trade, health services for silver?
Probability of chaos in the government is .00000000123%, since a new 5 year plan has been initiated to cover all risks and misconceptions.
sums it all up
I work in HC. You can see where its all headed. Quickly too. Mcare break even by the end of the decade. No more commercial payors floating the whole system. That's history.
I think what we'll start seeing pop up a ton more is private contracting with providers on an individual/family basis. Say you pay a doc (or group) $10k/year to provide all services that come up in that given year. You'll probably also see hosps do this too (although Im not too sure about the legalities with them). Off the grid so to speak. Its been around for several years on a small scale. But, expect it to boom going forward. Of course this means a significantly reduced number of Mcare/Mcaid providers available for the masses.
Problem is Obamacare has basically outlawed HSAs and catestrophic insurance policies. However, I suspect those will eventually be brought back into the fold once Dear Leader is out of office.
So do I. What you're going to see (starting with HC workers) is, required yearly flu shots AND biometric screenings, to keep your job. If your numbers don't align, you'll have a few months to get them there, or it's adios. This will be implemented nationwide, in all industries. Want a job? Better be healthy...
Flu shots already required at most hospitals.
Already happening, where I live. Cash only, pay as you go, practices where the cost is about what you would pay for co-pay using insurance. It's a beautiful thing for a houshold with generally healthy people.
So you think King Barry is leaving the throne?
I think what we'll start seeing pop up a ton more is private contracting with providers on an individual/family basis.
Sounds like a perfect long-term outcome. Let the providers and customers work our their own payment arrangements and fire the middle-man financier. He was never relevant to the industry in the first place--he's running a skimming operation.
what chaos ? people are so fat n' stupid they wouldn't move they ass out of the sofa even if Obama was raping their dog !!!!
Thought it was wild willy we had to worry about with that one. Hell, I wouldn't trust him in a dark room with my bowling ball.
"Insurers To White House: Delay ObamaCare Or Risk "Chaos""
White House to Insurers: That's the Objective.
Is anyone fucking surprised that this plan is a disaster?
Looks like North Korea may supply Americans with free x-rays! Hey, every little bit helps.....
Can't be any worse than the one Japan is giving us now. Their gift will last forever. And ever, and ever and ever.............
Of course the Insurance Brothers are screaming. Just like the now TBTF Ho's were screaming in Oct. '08. Their entitlement-based execs may soon not have the Carte Blanche they used to. Or the X-Mass bonuses they used to.
Bear in mind, that these outfits are the "little value add" Middle-Men between the Providers and Consumer, and that they make their astronomic fiat profits by squeezing everyone else. Allowing them to have fancy granite & marble towers in downtown cities, while you are...
Q: How is it that EVERY developed, industrial country has some kind of mandatory "national healthcare" program? And they have better health and longjevity stats, and lower per-person health care costs.
Me thinks there is something rotten... not just with Big Gov, but with Big Insurance and "corporate governance" in general.
I wouldn't 'swallow' any info that the Health Insurance cartel or their shills are peddling. Figures lie, and Liars do a LOT of figuring.
The insurance companies probably want us all divied up and assigned to them before they start providing coverage. That way they'll be able to see how much the can earn, I mean steal before it goes into affect. They probably want the issue of the "no takers" taken care of with some new law that not only fines, but includes jail time if they don't buy. The SCOTUS really fucked this one up.
On the bright side, this may become the first unified revolution this nation has seen since God knows when.
Exactly like the stories related by Wm Schrier in The Rise and Fall of the Third Reich about German executives who boasted that they had the Little Corporal in their pockets, well in hand, controllable
That sure worked out well... same approach, free shit for everybody, etc.
+1.
I always figured part of the OCare scam was to create more Chaos.
I mean, the guy probably zones out on dope at night, with cool fantasies of America in flames.
"In an effort to reduce health care costs as part of the introduction of ObamaCare, the Administration today announced a plan to substitute a euthanasia cocktail for one out of ten flu shots to be administered next year. Congressmen, other public officials, military, and law enforcement personnel will be exempt from this program. In a humanitarian gesture, the President announced that those experiencing what he called "unfortunate adverse reactions" will be cremated at government expense.Their ashes will be turned over to Monsanto for use in making a new product line of organic fertilizers."
UBetchaNewsService
The insurance industry could probably make this "chaos" threat last forever. Now they will have to compete with each other instead of collude with each other. They are not the big winners the Hospitals get that prize. I call BS.
What is "health care?" How do you define “insurance plan”? The Medical Loss Ratio (MLR) is a real winner, too: "A basic financial measurement used in the Affordable Care Act to encourage health plans to provide value to enrollees."
Oh yes, indeed, there will be chaos. And although the Republicans have their collective head up one giant orifice, and many folks insist there "...are absolutely no differences between the two parties," in the House there were 34 Democrats and all 178 Republicans voting were against it. Obamacare + Democrats = fucked up epic chaos to come. And despite the best efforts, no, the Republicans cannot be held for this one. Much more, certainly, but not this debacle.
You can bet your sweet patootie that between the media, Pelosi, Reid, Schumer, etc., and the complete ineptness of Boehner and that worthless piece of crap McConnell, at the end of the day it will be the Republicans who are blamed for the total failure of OwebamaCare.
Count on it.
You have to buy the policy to see whats in it.
My healthcare has been going up 20%+ a year... If they can delay this until 2020, I will be paying more for healthcare than a typical monthly P&I home mortgage payment.
"Death to Amerika!"
--B Husane Ozone
So, they hire a politician to get their calls answered. Same here, unfortunately, and I am simply a private individual trying to comply with the health insurance law in my state....since last September! Finally, I give up dealing with the phone calls, the emails, the forms, the robots who operate this system. The left hand doesn't know what the right hand is doing.
I have acted entirely on their advice, and my application kept being thrown out for some new reason which no one had explained previously, despite their assurances that my application was ok. And they took the monthly premium from my account last month!
Still, no health insurance policy for me, and a local politician has put my case in the hands of a legal contact at the State House.
This online system and telephone back up from bureaucrats has been a shambles; a Kafkaesque nightmare.
Even the tax funded help service for poor people complains about the shambles - and their customers are getting the insurance for free.
Good luck guys. We're all going to need it.
PS And the system fines you if your tax return fails to include proof of a current health insurance policy. The town clerk told me this happened to someone she knows. Other people also say the system is broken. Individuals are driven crazy by the bureaucracy - and fined when the bureaucracy misguides them, and they miss the artificial deadline for compliance.
The chaos is just beginning with this new system, and it will spread nationwide. No worry for the exempt political class and their hangers on, though.
Sounds painful ....
ObamaCare is the apocalypse. It is the end of it all. It is an in-your-face-disaster. What I mean is, I am the most cynical commenter on this article here, and even 'I' will come up short.
You wanted to tear it all down? Surprise!! Obama has done it for you.
Duck and cover, bitchez. Economic, social and political 'A' bomb coming through!!
Creating a crisis will beb ecactly what obama wants, then he can pressure the republicans to fix some flaws and at the same time make it more oppressive.
Impossible to get out of the way of this one without exiting the country. Most likely the best choice IMHO, but who can say for sure.
http://www.longtermcareinsuranceconsultants.com/