Posts Tagged ‘health insurance’
Obamacare insurance can drive you to financial ruin
Obamacare was meant to keep medical expenses from driving you into financial ruin, not for the medical insurance to drive you into financial ruin.
Read MoreThank goodness – There is a bailout for insurance companies built in to Obamacare
I’ll try to make this somewhat complicated event easy to understand. Insurance companies submit estimates for insurance costs (payouts) in to the federal government. If the payouts exceed 103 percent of the estimate, the taxpayers cut a check to insurance companies for 50 percent of the loss. 108 percent equals an 80 percent bailout.
Read MoreFederal health insurance exchanges … this will not go well
How can anyone feel good about this? We’ve got a bunch of states stating they will not create exchanges simply because it will cost way too much money, which leaves the responsibility to President Obama’s Department of Health & Human Services to create and manage this boondoggle.
Read MoreThree Good Reasons
With the much anticipated release of the Supreme Courts Ruling on Obama-Care and while surfing the web last night while watching television, I stumbled upon an article entitled “Three Reasons The Supreme Court Should Overturn Obama-Care’s Individual Mandate”.
Read MoreAnother approach to health insurance: deregulation
In 1993 Maine enacted health insurance regulations that, among other things, told insurance companies that they pretty much had to charge the same premiums to all who applied. This concept is called “community rating”, and it is an essential piece of Obamacare.
Read MoreCatholic school will no longer require or offer health care insurance to students
Well, sort of kind of. This is the first step Franciscan University of Steubenville has taken to reduce costs and avoid the ObamaCare mandates specific to contraception. Franciscan is a very small school with about 2,500 students so I’m not sure this is a huge deal, but I tell ya … it’s exactly what President Obama…
Read MoreShould employers have to cover gender reassignment surgeries?
Some people think yes, they must do so or they are guilty of discrimination. Sandra Fluke and Karen Hu wrote a paper for The Georgetown Journal of Gender and the Law in 2011 that reviews employment, hiring and termination discrimination in the workplace against lesbians, gays, bisexuals, transgendered and queer (LGBTQ) employees. All fine and good.…
Read More“My son’s losing hope” Obama: But we passed health care and took over student loan industry
Broken record indeed. The only answer President Obama has in response to questions like the one asked yesterday in Iowa is that he knows times are tough, but at least kids have health care until they are 26 and the government took over the “terrible” student loan system.
Read MoreHealth care mandates result in 18% premium increase in Connecticut
All across the United States, health insurance companies like Anthem Blue Cross and Blue Shield in Connecticut are meeting with state insurance regulators about premiums. During the past couple of weeks, Anthem proved to Connecticut state regulators an average 18 percent premium increase reflected the requirements of federal health care mandates and increased provider costs.
Read MorePeople really think they can sign up for free health care!
People are starting to contact insurance companies asking how they can sign up for Obama’s free health care plan. Do you think they will freak out when they find out they have to pay for it, and if they don’t, the IRS will ensure they do?
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