Obama's ACA Legacy (Being Passed on to Hillary Who Started It) Brings Losses to Insurers and Leaves at Least 10,000 at Risk of Being Uninsured

  • Posted by a hidden member.
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    Aug 18, 2016 2:31 AM GMT
    http://www.usatoday.com/story/money/2016/08/16/aetna-obamacare-affordable-care-act-exchanges/88825798/
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    Aug 18, 2016 2:35 AM GMT
    Google Aetna Obamacare Arizona. Look at the Videos.

    Health insurer Aetna announced late Monday that it is dropping Obamacare insurance in 69% of the counties and 11 of 15 states where it currently offers plans.

    The third largest health insurance company becomes the latest to pull back from the plans offered under the Affordable Care Act (ACA) as it cites heavy losses.

    Here's what that means for patients, insurers, the ACA and the company's fight with the government over its effort to acquire Humana.

    What does this mean for patients?

    The cuts affect 20% of Aetna's 838,000 Obamacare participants, covering people in 536 counties, according to a Securities and Exchange Commission filing.

    The insurer is ending its Obamacare plans in 11 states: Arizona, Florida, Georgia, Illinois, Kentucky, Missouri, North Carolina, Ohio, Pennsylvania, South Carolina and Texas.

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    Aug 20, 2016 4:56 PM GMT
    The Republican kept knocking ACA.
    Everyone countered the ACA has been around for too many years now, it will not be repealed because the people are used to it.
    Were the insurance companies losing money in prior years?
  • coolarmydude

    Posts: 9190

    Aug 20, 2016 5:19 PM GMT
    Aetna is full of deception and is now saying this to extort the federal government into allowing their merger with Humana, which the Justice Department sued citing anti-trust laws. Back in the spring, Aetna was all about expanding on the ACA exchanges.

    This is why we need Single-Payer Healthcare. Take the unnecessary middle man out of our healthcare! They don't set the market price, they increase it.
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    Aug 21, 2016 3:57 AM GMT
    coolarmydude saidAetna is full of deception and is now saying this to extort the federal government into allowing their merger with Humana, which the Justice Department sued citing anti-trust laws. Back in the spring, Aetna was all about expanding on the ACA exchanges.

    This is why we need Single-Payer Healthcare. Take the unnecessary middle man out of our healthcare! They don't set the market price, they increase it.


    Cool Army Dude,

    Thank you.

    Stephen
  • coolarmydude

    Posts: 9190

    Aug 21, 2016 2:13 PM GMT
    BigJess saidWhy would anyone think the government could do a good job managing EVERY ONE's health care? They can't even deliver good health care to our veterans via the VA.


    A Single Payer system doesn't manage a healthcare plan. That is between a patient and their doctor. It would work like Medicare works.
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    Aug 21, 2016 2:48 PM GMT
    BigJess saidWhy would anyone think the government could do a good job managing EVERY ONE's health care? They can't even deliver good health care to our veterans via the VA.

    You are wrong on several counts, as usual. coolarmydude is correct, the problem is with private corporations managing the ACA. And guess who pushed for that to happen?

    Exactly why privatizing the VA would create an even greater mess than it is now. And the VA got that way because of underfunding. And where is VA funding determined? In the Congressional budget. Why, the very same warm-hearted guys who want to privatize the VA into the hands of their corporate sponsors.

    I've been using the VA for 20 years. When properly funded it works well. It's especially geared for the medical needs of veterans. That tend to more heavily represent physical injury, combat & job related, than the general civilian population, not surprisingly.

    But it started to go downhill rapidly after a certain President and his political Party took the US into wasteful 2 wars. And needed to keep the budget under control lest public support wane, despite the phenomenal mounting war costs.

    And where to save money where it won't be noticed so much? Just don't increase the VA budget to handle the sudden influx of thousands of wounded service members that these wars created. Which might also draw more negative attention to them.

    Great plan! Pay for the wars on the backs of the veterans who had fought them. After all, they couldn't fight anymore, what good are they? Politicians just stick their little American flag pins on their lapels and tell everyone how patriotic they are because they support our troops in combat, but avoid talking about our wounded former troops now in the hospitals.

    And what did the VA do, with their case load exploding and insufficient additional funds to handle them? Cook the books and delay treatments, scandals that later exploded and were all blamed on the VA itself and the current Administration. Not on Congress, which was the root cause.

    I used to be able to get good care within a reasonable time. By 2005 I had to wait a full 12 months for appointments. Because of case overloads and staff cuts. To see third-world doctors who could barely speak English. Sometimes I felt like I was stepping into a big city taxi, not a medical exam room, and should have brought an English translator with me.

    So it was Congress that ruined the VA, not flaws in the concept of veterans care itself. You get what you pay for. And a more sinister view would be that some in Congress were also deliberately sabotaging the VA, to make their self-serving case for privatization.
  • coolarmydude

    Posts: 9190

    Aug 23, 2016 2:33 AM GMT
    BigJess saidDemocrats ruled the roost the first 2 years of Obama and they didn't bother to do anything about the VA then either.


    Again, untrue. Who got the VA to begin recognizing Agent Orange health effects on Veterans? Obama. And this occurred as the war in Iraq ended, and the size of active duty troops decreased, so that created a surge in new VA enrollees around the same time.
    And the VA is currently undergoing a reorganization to increase efficiencies in government healthcare, which is still touted as the model for private healthcare systems to follow.