MESSAGE
| DATE | 2025-11-18 |
| FROM | Ruben Safir
|
| SUBJECT | Subject: [Hangout - NYLXS] The oncoming Healthcare Benifits Management
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BTW - Everything written here is WRONG other than the fact that
Obamacare is driving the costs up. It is not the structure of mandates
that drive costs... it is the THEFT of services and the EXTORTION RACKET
run by the Benifit Management companies that drive up costs. As long as
Obamacare continues to allow these Health "Insurance" companies to take
payments to allow market access to healthcare, then like any other
Maffia organization run endeavor, the costs will continue to rise
diefinitely until the system collapses. In this case, the system is
being covered by the Government so it is hard to collapse and the prices
just continue to skyrocket.
Forbes:
How Obamacare Set In Motion Today’s Premium Crisis
Democrats are panicking about a looming 75% average increase in the
out-of-pocket cost of insurance premiums next year for the roughly 6% of
the population that shops for coverage on Obamacare’s exchanges. Their
panic led them to shut down the government at the end of September.
The increase is a function of the expiration at the end of this year of
generous enhanced premium subsidies enacted by the Biden administration
as part of the March 2021 American Rescue Plan Act and extended as part
of the August 2022 Inflation Reduction Act. The complicated scheme of
premium subsidies would return to the structure in force in 2014, when
the exchanges opened.
Individual-market premiums over the last decade-plus have been surging.
Between 2013 and 2014, when Obamacare’s many regulations took effect,
they rose 47%. Average premiums for benchmark plans rose 75% between
2014 and 2024.
***In other words, Obamacare has been an engine of insurance premium
inflation. Democrats have tried to cover up that fact with ever more
taxpayer subsidies. Yet another round of subsidies will not fix that
fundamental problem.**** THIS IS 100% right.
Rising premiums were not some unexpected consequence of Obamacare. They
were baked into the law’s very structure. Because of Obamacare’s long
list of federal insurance market regulations, insurers had no choice but
to raise prices to cover their costs. ***THIS IS WRONG***
[The insurers are flat out crooks who have no reason to be concern about
the costs of healtcare or premiums. They are in the business of shaking
down all phases of the healthcare system for their own profits and that
they claim to be broke is just part of the scam. They are getting
kickbacks from every part of the healthcare system and provide NOTHING
to the public. If the insurers are really bankrupt, then let them fail.]
As Johns Hopkins University professor Ge Bai wrote in a recent Wall
Street Journal op-ed, “The inflationary provisions of the Affordable
Care Act—such as the medical loss ratio, mandated ‘essential’ benefits,
community rating and premium subsidies—have inhibited insurers from
offering affordable and flexible options.”
Community rating—which bans insurers from charging older, sicker
patients more than three times what they charge younger, healthier
ones—is a major driver of premium inflation. As is the ten “essential”
health benefits requirement, which mandates that all plans cover the
same list of services and procedures, regardless of what a patient
actually needs or wants.
What makes this situation all the worse is that it was so predictable.
In 2011, three years before Obamacare’s insurance regulations took
effect, I wrote for Forbes.com, “ObamaCare drives up the cost of
insurance by piling mandates and required coverage benefits onto every
single policy.” It was as obvious then as it was a year later, and the
year after that, and the year after that.
Sure enough, that is exactly what happened. This year, average
individual monthly premiums on the exchanges have reached $590. That’s
up from just $232 in 2013.
The enhanced subsidies at the center of the shutdown debate haven’t
helped matters. They have instead shifted the costs of this explosive
premium growth from individual patients and onto taxpayers—at an
estimated ten-year cost of $350 billion.
More subsidies will not stop premiums from growing. They’ll simply give
policymakers cover for refusing to deal with the problem.
Further, the impact of the enhanced subsidies is overstated. If they
expire on schedule at the end of this year, the share of total premiums
that federal taxpayers pay will fall from 88% to 78%, according to The
Federalist’s Chris Jacobs.
****Allowing the enhanced subsidies to expire won’t fix Obamacare’s
flaws all by itself. To do that, lawmakers will need to roll back the
insurance market regulations that made these enhanced subsidies
necessary in the first place.****
[WRONG - Any money put in the current system is a waste. Rolling back
just the plan mandates will just speed the collapse and leave millions
of sick patients without a financial system to pay for healthcare.
The SOLUTION is to end all the mandates to participate in these kickback
schemes by the public AND to end the government funding, to cut off the
oxegen to the Benifit managers and make them respond to market forces.
People will not buy what they can not afford. Let the market determine
the cost of healthcare instead of kickbacks funded by government money
and public mandates. The government can instead pay for poverty
programs as needed directly like traditional charity hospitals. The key
thing is to stop shielding healthcare costs from market forces. The
fastest way to solve the entire system is to make all healthcare cash
and carry. No insurance companies, public or private. If it was all
cash and carry in 2 months costs will collapse because nobody will pay
these current prices which are inflated by extrotion and kickbacks.
Right now the MDs are not getting paid, the Pharmacists are not getting
paid and the hospitals are in a constant state of consoldation, closures
and bankrupcy, and CVS-Caremart and United Health is walking away will
billions of dollars.]
Moreover, policymakers need to find ways to increase the number of
low-cost offerings, such as short-term and association health plans, on
the insurance market—instead of outlawing or limiting them, as Obamacare
and the Biden administration did.
With Obamacare, Democrats enacted policy that was perfectly calibrated
to send premiums soaring.***THAT is true*** That much was clear back
when the law took shape over 15 years ago. Its defenders in Congress
seem willing to empty federal coffers to cover up that embarrassment.
But that ploy has already cost Americans billions more than they can afford.
--
So many immigrant groups have swept through our town
that Brooklyn, like Atlantis, reaches mythological
proportions in the mind of the world - RI Safir 1998
http://www.mrbrklyn.com
DRM is THEFT - We are the STAKEHOLDERS - RI Safir 2002
http://www.nylxs.com - Leadership Development in Free Software
http://www.brooklyn-living.com
Being so tracked is for FARM ANIMALS and extermination camps,
but incompatible with living as a free human being. -RI Safir 2013
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