TimmySmith Posted May 11, 2017 Share Posted May 11, 2017 3 hours ago, Busch1724 said: Health insurance is where capitalism is not a good application. Government mandated capitalism is an even worse application. 2 Link to comment Share on other sites More sharing options...
Busch1724 Posted May 11, 2017 Share Posted May 11, 2017 4 hours ago, twa said: 3 Billion profit in the ACA marketplace? Maybe we should try indentured servitude for healthcare providers since capitalism is not in favor. Someone, could have been PeterMP, posted that number earlier in this thread. Forget offhand which post number it was. Was digging around for some numbers. Here's what I found: https://www.healthinsurance.org/blog/2016/08/25/cry-me-a-river-aetna/ Basic summary, Aetna since 2014 had operating profits of 6.7 billion. So profits each year fluctuate 2-3 billion a year. it is possible the 3 billion number was accurate. Link to comment Share on other sites More sharing options...
visionary Posted May 12, 2017 Share Posted May 12, 2017 Link to comment Share on other sites More sharing options...
megared Posted May 12, 2017 Share Posted May 12, 2017 21 hours ago, Busch1724 said: Someone, could have been PeterMP, posted that number earlier in this thread. Forget offhand which post number it was. Was digging around for some numbers. Here's what I found: https://www.healthinsurance.org/blog/2016/08/25/cry-me-a-river-aetna/ Basic summary, Aetna since 2014 had operating profits of 6.7 billion. So profits each year fluctuate 2-3 billion a year. it is possible the 3 billion number was accurate. Aetna's just doing what they said they were going to do if the Feds blocked their proposed merger with Humana... http://www.latimes.com/business/hiltzik/la-fi-hiltzik-aetna-obamacare-20170123-story.html Link to comment Share on other sites More sharing options...
PeterMP Posted May 12, 2017 Share Posted May 12, 2017 (edited) 23 hours ago, TimmySmith said: Government mandated capitalism is an even worse application. The fact of the matter is that everybody participates in the health care market so it isn't really government mandated. Nobody out there isn't going to the hospital if they have a serious illness. Edited May 12, 2017 by PeterMP Link to comment Share on other sites More sharing options...
FanboyOf91 Posted May 12, 2017 Share Posted May 12, 2017 (edited) Edited May 12, 2017 by FanboyOf91 1 Link to comment Share on other sites More sharing options...
visionary Posted May 13, 2017 Share Posted May 13, 2017 2 Link to comment Share on other sites More sharing options...
visionary Posted May 18, 2017 Share Posted May 18, 2017 Link to comment Share on other sites More sharing options...
FanboyOf91 Posted May 18, 2017 Share Posted May 18, 2017 Quote According to several aides and other procedural experts, if Republicans send the bill to the Senate now and the CBO later concludes it doesn’t save at least $2 billion, it would doom the bill and Republicans would have to start their repeal effort all over with a new budget resolution. Congressional rules would likely prevent Republicans from fixing the bill after it’s in the Senate, the aides said. If Republican leaders hold onto the bill until the CBO report is released, then Ryan and his team could still redo it if necessary. That would require at least one more House vote of some sort. That vote could be cloaked in some kind of arcane procedural move, but it would still be depicted as a proxy for yet another vote on the same bill -- and reluctant Republicans will once again be forced to decide whether to back it. Only this time, they would also be saddled with the CBO’s latest findings about the bill’s costs and impacts. 1 Link to comment Share on other sites More sharing options...
LadySkinsFan Posted May 18, 2017 Share Posted May 18, 2017 ^^^^ Liked for the Yakety Sax music Link to comment Share on other sites More sharing options...
FanboyOf91 Posted May 18, 2017 Share Posted May 18, 2017 Link to comment Share on other sites More sharing options...
skinsmarydu Posted May 18, 2017 Share Posted May 18, 2017 On 5/11/2017 at 9:39 AM, Busch1724 said: And didn't Aetna make 3 billion in profits last year? We're talking profits! Health insurance is where capitalism is not a good application. I noticed LSF liked your post, and it's because of one she made a few years ago that still sticks in my mind, and some ding-dong causes me to use it almost daily: "Healthcare for profit should be criminal." 1 Link to comment Share on other sites More sharing options...
visionary Posted May 23, 2017 Share Posted May 23, 2017 Link to comment Share on other sites More sharing options...
visionary Posted May 23, 2017 Share Posted May 23, 2017 Link to comment Share on other sites More sharing options...
skinsmarydu Posted May 23, 2017 Share Posted May 23, 2017 10 minutes ago, visionary said: No, it's because YOU don't want to fix the problem. You want sky-rocketing prescription costs so you can invest in the companies who rip the entire country off. (my ONE script, from one insurance company to another, went from $6.50/month to $15. That's more than double, for people who don't use the Trump-calc.) There are clear problems with the ACA. But it ain't the worst thing that's happened politically in my lifetime, it's actually one of the high points. Let's fix it. 3 Link to comment Share on other sites More sharing options...
StillUnknown Posted May 24, 2017 Share Posted May 24, 2017 (edited) Edited May 24, 2017 by StillUnknown Link to comment Share on other sites More sharing options...
TheGreatBuzz Posted May 24, 2017 Share Posted May 24, 2017 Didnt they say something about the deficit also? Link to comment Share on other sites More sharing options...
StillUnknown Posted May 24, 2017 Share Posted May 24, 2017 11 minutes ago, TheGreatBuzz said: Didnt they say something about the deficit also? https://www.bloomberg.com/news/articles/2017-05-24/cbo-says-gop-health-plan-will-cut-deficit-by-119-billion?cmpid=socialflow-twitter-business&utm_content=business&utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social Quote Republicans’ revised plan to repeal and replace parts of the Affordable Care Act would shrink the U.S. budget deficit by $119 billion, $32 billion less than an earlier version of the legislation, according to the Congressional Budget Office. Link to comment Share on other sites More sharing options...
StillUnknown Posted May 24, 2017 Share Posted May 24, 2017 Link to comment Share on other sites More sharing options...
Cooked Crack Posted May 24, 2017 Share Posted May 24, 2017 These poor old folks obviously going to have to cut down on iPhone purchases if they want to live. 1 Link to comment Share on other sites More sharing options...
LadySkinsFan Posted May 24, 2017 Share Posted May 24, 2017 They can always cut back on food and live in cardboard boxes. Link to comment Share on other sites More sharing options...
visionary Posted May 25, 2017 Share Posted May 25, 2017 Link to comment Share on other sites More sharing options...
Busch1724 Posted May 25, 2017 Share Posted May 25, 2017 But for reals guys, you're not seeing this as part of the whole complete budget picture! These CBO numbers are incomplete. We need increased insurance premiums to raise money for Trump's upcoming legal defenses. Link to comment Share on other sites More sharing options...
skinsmarydu Posted May 25, 2017 Share Posted May 25, 2017 3 hours ago, Busch1724 said: But for reals guys, you're not seeing this as part of the whole complete budget picture! These CBO numbers are incomplete. We need increased insurance premiums to raise money for Trump's upcoming legal defenses. Russia can pay for his legal defenses. They're the reason he's obstructing justice, and it was all because he owes them money. It will all come out eventually, and it'll all be financial. But back to how we're gonna get screwed medically...(sorry for the OT) 1 Link to comment Share on other sites More sharing options...
visionary Posted May 26, 2017 Share Posted May 26, 2017 Link to comment Share on other sites More sharing options...
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