http://bottomline.msnbc.msn.com/_news/2012/04/26/11410966-americans-to-get-13-billion-in-health-care-rebates?lite Repeal this thing now!
So if an insurance carrier makes capitol improvements (computers systems, buildings...) they get punished if they don't spend 80% of all monies coming in on actual health payments? Hmmm... One the one hand I see the point about carriers making too high profits, but what if a company loses money? Can they bill their insureds for the balance? Or does it just cut one way? The can lose all they want, but are limited in profits? I wonder if this would be in place if insurance workers were unionized?
i think they can claim computer systems and buildings are medical costs. No clue on any of your other questions
But consumer advocate Timothy Jost, a professor at Washington and Lee University School of Law, says the goal was never to deliver large refunds. "The purpose isn't to generate rebates, but to force insurers to align their premiums more closely with their (medical) claims costs," says Jost. "Each year, premium costs have gone up more than medical costs, so what the rule does is force insurers to be more efficient and, if they charge too much, to give some back." Relax. It's a good thing.
What is the point of posting this? Are you claiming that rebates totaling $1.3 billion is somehow justification of Obamacare? Are you aware that the original lie was that it would cost $940 billion over ten years, and now that has been adjusted to almost twice that of $1.8 TRILLION over 10 years? By all means, celebrate the 0.6% of the cost being rebated, assuming the rebates actually exist for all 10 years.
Oh this is what you were talking about. My understanding is that the original numbers did not expect so many people to use it and it is actually in the process going to help more people.
I think the last page of your link sums it up pretty well: Average Subsidy per Subsidized Enrollee in year 2015: > $5000 / person. That is ridiculous.
There will be people who are unemployed. Is "Life" not one of our guaranteed rights? I suppose one could argue that a really poor quality life, is still a life.
