LTC8K6

Mar 31 2014, 03:13 PM

What about those of us who, having been dumped onto the market, signed up and paid in mid-November?

Do we get the chump prize?

LTC8K6

Mar 31 2014, 03:24 PM

“We know for example that we’re going to get paid less for what we do,” Cosgrove stated. “Hospitals are going to be paid less for what they do. We also know that insurers are paying less for what we do.”

Then why are premiums rising?

Quote:

 

http://www.breitbart.com/Big-Government/2014/03/31/Obamacare-Real-Enrollment-Just-1-7-of-Uninsured-Covered

OBAMACARE REAL ENROLLMENT: JUST 1.7% OF UNINSURED COVERED

Obamacare, the plan purportedly created to provide health coverage for the uninsured, has enrolled just 1.7% of America's 48.6 million uninsured.

News of the disastrous numbers comes as nervous Democrats and President Barack Obama, ahead of the November midterm elections, did their best on Monday's enrollment deadline to put a positive spin on the deeply unpopular Obamacare program. The latest Associated Press poll finds that Obamacare has now hit an all-time low approval rating of just 26 percent.

The White House now claims an Obamacare enrollment figure of six million people. However, according to The New York Times, at least 20% of those never paid their premiums to activate coverage, leaving them uninsured. That drops the number down to 4.8 million.

Next, as Washington Post columnist Ed Rogers notes, "the official HHS numbers still include duplicate enrollments." No one knows how many duplicate enrollments are in the stack; the White House refuses to say. However, given the disastrous Obamacare website failures, it is reasonable to imagine that the pile is riddled with numerous "false start" applications.

That leaves the most important question: How many people are gaining insurance who were previously uninsured? After all, that was the stated reason for Obamacare in the first place. McKinsey & Co. says that only 27% of those who have picked a plan through Obamacare were previously uninsured.

Moreover, McKinsey says these individuals have an unusually high rate of failing to pay their first month's premium. "Only 53 percent of them had paid their first premium, compared with 86 percent of the previously insured," reports CNBC.

Even conceding the White House its alleged six million enrollment figure (which, again, includes duplicates and incomplete applications), that would mean that just 810,000 of paying Obamacare customers were previously uninsured, a figure that represents 1.7% of America's 48.6 million uninsured people.

Indeed, most of those the White House counts as Obamacare enrollees are among the five million who had their health insurance plans canceled due to Obamacare.

Obamacare has taken a severe toll on President Obama's approval rating. The latest Associated Press poll reveals that his disapproval rating has now hit an all-time high of 59%. As one Democratic member of Congress told The New York Times, Obama is "poisonous" to Democrats running in the November 4th midterm elections.

Americans head to the polls in 218 days.

Baldo

Apr 1 2014, 10:48 AM

Healthcare Premiums Will Skyrocket (Again) This Year – Dick Morris

http://www.dickmorris.com/healthcare-premiums-will-skyrocket-again-this-year-dick-morris-tv-lunch-alert/?utm_source=dmreports&utm_medium=dmreports&utm_campaign=dmreports

Quote:

 

http://www.thenewsstar.com/article/20140304/NEWS01/303040033/Medicare-Advantage-rate-cuts-expected-2015

...Final Medicare Advantage payment rates will be announced April 7. Seniors would see impacts of new payment cuts in late October during the 2015 Medicare Advantage enrollment period.