View Poll Results: Should the American Citizen be forced to bail out the Insurance Companies?

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  • Yes, the U.S. citizenry should be made to bail out the insurance companies

    2 6.90%
  • No, health insurance companies have made their bed.

    27 93.10%
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Thread: Should We Bail Out the Health Insurance Companies?

  1. #11
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  2. #12
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    Re: Should We Bail Out the Health Insurance Companies?

    Quote Originally Posted by longview View Post
    From what I can tell the ACA is just the first step, in total socialized medicine.
    The Insurance companies will become gatekeepers and administrators.
    Many will close, some will become Government contractors.
    Nope, in fact it's a legislated tie to the insurance companies. It will never lead to single payer and is designed to avoid it. All part of the closed door meetings and agreements with the insurance companies and our president well before the congressional debate.

  3. #13
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    Re: Should We Bail Out the Health Insurance Companies?

    This question is valid and demonstrates why I called for a Insurance Company Of Last Resort instead of the stupid approach they took instead.

    Of course the taxpayer will be footing the bill for the pre-eisting and the too poor to pay categories. These could have been all in one place and at least we could see what it cost.

    Now, every insurance company will tap the till on grounds they lost m0ney on the pre-existing cases. That the losses might stem from the few huge raises they gave the bosses is buried in the weeping willow. So, we'll be bailing all of them out instead of just one, where we could have seen the money.

    I thought Bush was Corporate friendly but Obama is even more so. So, hold onto your wallets.

    Bah©

  4. #14
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    Re: Should We Bail Out the Health Insurance Companies?

    Quote Originally Posted by clownboy View Post
    Nope, in fact it's a legislated tie to the insurance companies. It will never lead to single payer and is designed to avoid it. All part of the closed door meetings and agreements with the insurance companies and our president well before the congressional debate.
    I'm interested in this. Can you provide some links that I can read up on it?

    Thanks in advance.

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    Re: Should We Bail Out the Health Insurance Companies?

    I say absolutely not. We shouldn't have bailed out AIG, we shouldn't bail out anyone.


    Too big to fail = too big.
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

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    Re: Should We Bail Out the Health Insurance Companies?

    I work in groceries now.



    I'm recession proof, bitches!
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

  7. #17
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    Re: Should We Bail Out the Health Insurance Companies?

    Quote Originally Posted by cpwill View Post
    Given that the numbers of people signing up feature sick than anticipated, more elderly than anticipated, fewer young invincibles than anticipated, etc, the Health Insurance Companies are facing the possibility of a death spiral - in which case the Obama administration will almost certainly try to bail them out.
    Ehhhh...I'm curious who is surprised that sick/elderly are signing up early and young are procrastinating until the last minute.

    Everything I've read said that would be expected and was the situation when Massachusetts rolled out their program. Ultimately 98% of the state ended up insured so who signed up early and who signed up late wasn't an issue.
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

  8. #18
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    Re: Should We Bail Out the Health Insurance Companies?

    Quote Originally Posted by cpwill View Post
    Given that the numbers of people signing up feature sick than anticipated, more elderly than anticipated, fewer young invincibles than anticipated, etc, the Health Insurance Companies are facing the possibility of a death spiral - in which case the Obama administration will almost certainly try to bail them out.


    Should the U.S. Taxpayer be forced to bail out the very health insurance companies that are charging them ever-higher prices for health insurance and spending millions on politicians to make sure that we do so?
    If I'm not mistaken, haven't a large percentage of those who have signed up actually been funnelled into Medicaid due to new qualifications under the ACA and didn't the ACA also take $500 billion to $700 billion out of Medicare to help fund the transition and subsidies to those newly eligible under Medicaid? In addition, aren't a large number of people with insurance policies previously now paying more for expanded coverage they may not want or need? Finally, didn't a number of insurance companies look at the landscape as it exists and decide that they were getting out of the health insurance business?

    As a result, how certain is it at this point that insurance companies will need to be bailed out?
    "Liberals claim to want to give a hearing to other views, but then are shocked and offended to discover that there are other views." William F. Buckley Jr.

  9. #19
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    Re: Should We Bail Out the Health Insurance Companies?

    Quote Originally Posted by cpwill View Post
    Given that the numbers of people signing up feature sick than anticipated, more elderly than anticipated, fewer young invincibles than anticipated, etc, the Health Insurance Companies are facing the possibility of a death spiral - in which case the Obama administration will almost certainly try to bail them out.


    Should the U.S. Taxpayer be forced to bail out the very health insurance companies that are charging them ever-higher prices for health insurance and spending millions on politicians to make sure that we do so?
    The bailout of the insurance industry is written in the law. If not enough young invincibles sign up, the ACA guarantees the bailout. It was one way to get the insurance industry to back the ACA back in 2009 and 10. guarantee them a profit and of course the insurance industry went along.
    This Reform Party member thinks it is high past time that we start electing Americans to congress and the presidency who put America first and their political party further down the line. But for way too long we have been electing Republicans and Democrats who happen to be Americans instead of Americans who happen to be Republicans and Democrats.

  10. #20
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    Re: Should We Bail Out the Health Insurance Companies?

    Quote Originally Posted by ttwtt78640 View Post
    We should not bail them out but PPACA, the law of the land, says that we will. The insurance companies were guaranteed a three year "adjustment" period, during which they get a taxpayer funded bail out if the "expected" risk pool does not materialize.

    Hidden Insurance Company Bailout Exposed in Health Care Law | Americans for Prosperity
    Taxpayer dollars should not be used to bailout well-connected, politically-favored industries.

    Read more: Hidden Insurance Company Bailout Exposed in Health Care Law | Americans for Prosperity

    I agree with totally.
    This Reform Party member thinks it is high past time that we start electing Americans to congress and the presidency who put America first and their political party further down the line. But for way too long we have been electing Republicans and Democrats who happen to be Americans instead of Americans who happen to be Republicans and Democrats.

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