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Name:
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CRD
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Subject:
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Terrible news!
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Date:
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10/22/2019 1:18:43 PM
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The 4% is only for Fed Ocare exchanges. No mention of the state exchanges
Lemme get this straight....you all on the left say that profit is a bad word when associated with healthcare, hence, Medicare for everyone. "Docs are rigging the system", "why do they make so much money", "why do insurance execs qualify for million dollar retirement packages", I have heard this ad nauseum from the Left. Yet, one of the reasons that more managed care plans are entering the marketplace is, as reported because of higher premiums that create profit for these companies. Trust me, they aren't entering them to lose money. So what is it? Are higher premiums for Ocare participants good or bad? And who is paying these higher premiums? Of course, those not receiving SUBSIDIES.
Another reason for "stabilization", a term that I use loosely, seems to be that insurance companies are now paying for secondary insurance for themselves because of risk. WHAAT??? I bet there is tertiary insurance for those who sold secondary insurance too. Who do you think is paying for their re-insurance? Who enabled the ability for these companies to re-insure themselves? I can assure you, it is not coming out of their profit margin.
The governments question regarding Ocare is whether the program is constitutional. Trump has no say in the legalities. So to say that Trump is advocating for its demise is factually incorrect. Trump is advocating for the Constitution and rule of law, and if that means the demise of Ocare, then so be it as far as I am concerned. I will gladly welcome our court system's ability to eliminate the weaponization of governmental programs for partisan purposes. This program, which Congress had to pass in order to know what was in it, may be a casualty, or it may survive. We will see, however, the administrations statement with regard to how well the program is doing is spot on. You have to read it though, to know whats in it.
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