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The Great ObamaCare Debate, Part 237: Back to Court The Great ObamaCare Debate, Part 237: Back to Court

05-08-2014 , 09:59 PM
Quote:
Originally Posted by rjoefish
Some companies will do whatever they can to shift/reduce costs and blame whatever is the hot issue.

I remember one hospital chain back in 2009 saying they needed to lay off staff and cut all benefits/pay by about 10% due to the recession. When we went into bargaining and had their numbers that showed their profits were growing by a decent amount and workers were willing to strike they backed off it all and agreed to raises instead.
Rhetoric to employees (I assume that hospital is not public) is much different than an earnings statement from a publicly traded company. If a company if reporting actual costs have risen due to higher healthcare insurance expense it is a fact. There is fuzz in the outlook (how the company views the future) and revenues where explanations for poor numbers can be hard to understand (weather, economic conditions, your product sucks) but you should have faith in accounting numbers.

Last edited by seattlelou; 05-08-2014 at 10:04 PM.
05-09-2014 , 02:06 AM
Quote:
Originally Posted by neg3sd
So all you self-proclaimed experts on healthcare don't know that you need to be 65 to qualify for Medicare. You better have continuous health insurance from now to Medicare. Obama wants to fine anyone with any break in his healthcare insurance coverage. You better be covered while you are between jobs.
Do you even insure brah?
05-09-2014 , 09:00 AM
Quote:
Originally Posted by seattlelou
Sigh. I have no idea negs what your beef is about Obamacare but insurance being a rip off if you are healthy is is just dumb. Maybe start from the beginning and understand what the purpose of insurance is and why people buy such things.
In January Obama bought a token bronze plan policy for himself. It cost about $5,000 for a 51 year old. That is a rip off. With health insurance, the young subsidies the old, the healthy subsidies the sickly.
With auto insurance, safe drivers pay a lower rate than those with speeding tickets.
05-09-2014 , 09:11 AM
Quote:
Originally Posted by markksman
Do you even insure brah?
Obamacare doesn't affect me. I'm on medicare. Also among the 20% who don't purchase medicare advantage. Obama plans to screw the 80% soon. He did delay raising their costs for 2015.
05-09-2014 , 09:53 AM
Quote:
Originally Posted by neg3sd
Obamacare doesn't affect me. I'm on medicare.
One of the takers...
05-09-2014 , 09:58 AM
neg,

why is it fine for the young to subsidise you but its bad for the young to subside a 51 year old?
05-09-2014 , 09:59 AM
Quote:
Originally Posted by seattlelou
Rhetoric to employees (I assume that hospital is not public) is much different than an earnings statement from a publicly traded company. If a company if reporting actual costs have risen due to higher healthcare insurance expense it is a fact. There is fuzz in the outlook (how the company views the future) and revenues where explanations for poor numbers can be hard to understand (weather, economic conditions, your product sucks) but you should have faith in accounting numbers.
I think some of the companies claims that the ACA is hurting their business are more legitimate.
Quote:
* General Electric. The diversified manufacturer blamed the Affordable Care Act for the “soft” performance of its healthcare unit. GE said hospitals and clinics were delaying equipment purchases due to the law. General Electric reported first-quarter revenue of $34.2 billion, just shy of the $34.4 billion expected by analysts, says S&P Capital IQ. GE’s quarterly adjusted profit of 33 cents a share, though, beat Wall Street forecasts by 3%, says S&P Capital IQ.
Than others
Quote:
* UPS. The shipping company cited changes in the healthcare laws, namely the Affordable Care Act, for driving up health-care costs for employees. To respond to the rising costs, UPS is moving its employees to a defined contribution health care plan, a change that will result in the company eventually booking a large one-time charge. UPS reported a quarterly profit of 98 cents a share, missing Wall Street forecasts by 9%, says S&P Capital IQ.
I mean there are there are a myriad of reasons health care costs could go up for their employees.
05-09-2014 , 10:00 AM
Medicare is supposed to be paid for by your wages throughout your career
05-09-2014 , 10:21 AM
Quote:
Originally Posted by [Phill]
neg,

why is it fine for the young to subsidise you but its bad for the young to subside a 51 year old?
Quote:
Originally Posted by ikestoys
Medicare is supposed to be paid for by your wages throughout your career
Yeah Phil there is a trust fund How Medicare is Funded.
Quote:
Medicare Trust Funds

Medicare is paid for through 2 trust fund accounts held by the U.S. Treasury. These funds can only be used for Medicare.

Hospital Insurance (HI) Trust Fund
05-09-2014 , 10:26 AM
Quote:
Originally Posted by ikestoys
Medicare is supposed to be paid for by your wages throughout your career
You probably already know this, but usually what is paid out exceeds what it is paid in. http://www.politifact.com/truth-o-me...-paid-what-yo/
05-09-2014 , 10:26 AM
Yeah but lets be really clear that isnt how it is actually funded. Why do you think they talk about unfunded liabilities of 40-100 trillion dollars? Its a pretty standard pay it forward model, the young fund the old, they then are funded by the young when they are old.
05-09-2014 , 10:46 AM
Quote:
Originally Posted by rawkfanseth
You probably already know this, but usually what is paid out exceeds what it is paid in. http://www.politifact.com/truth-o-me...-paid-what-yo/
Hence the supposed to, and why these programs aren't sustainable in their current form forever.
05-09-2014 , 10:47 AM
Quote:
Originally Posted by [Phill]
Yeah but lets be really clear that isnt how it is actually funded. Why do you think they talk about unfunded liabilities of 40-100 trillion dollars? Its a pretty standard pay it forward model, the young fund the old, they then are funded by the young when they are old.
Phill, you're wrong.
05-09-2014 , 10:54 AM
So the younger version of me is SUBSIDIZING the older future version of me? WHAT A BOONDOGGLE. Inpeach and take away poor people's health care immediately!
05-09-2014 , 01:29 PM
Quote:
Originally Posted by FlyWf
So the younger version of me is SUBSIDIZING the older future version of me? WHAT A BOONDOGGLE. Inpeach and take away poor people's health care immediately!
At the risk of taking you seriously, it's not the old versus young that I have a problem with. It's the poor subsidizing the rich. By charging young people more and older, but generally still working and better off, people less, the poor subsidize the rich.

Feel free to educate yourself anytime.
05-09-2014 , 02:07 PM
Like I said...income-based only is the way to go
05-09-2014 , 02:13 PM
ikes, literally nobody believes you care about poor people, first off. This is just the latest of your increasingly weird and desperate attempts to sling feces at the wall of Obamacare.

Secondly, yeah, no ****. I know it takes all of your brain power to laboriously work through that Obamacare's age-related pricing controls are good for olds and bad for youngs, but that was the ****ing point. This isn't some abstract unintended consequences that foolish libs don't even understand but baby ikes figured out, it is the direct intended outcome of a conscious policy decision.

Obamacare also includes subsidies that are paid for by taxes on the rich and given directly to poor people and only poor people.

FFS, let's pretend Baby Ikes takes a break from hating black people and women and hippies and scientists.

What the **** would you prefer? It seems like your alleged concern is that poorer, younger people are being priced out, but beyond that being a ****ing lie.... suddenly you want the government to spend even more money insuring people?
05-09-2014 , 02:36 PM
Defending taking money from the poor to the rich as intentional is simply lol worthy and why you sit at the kids table fly.

What I'd prefer is the removal of that subsidy.... Obviously.
05-09-2014 , 02:51 PM
ikes you seriously do not get to play Robin Hood, Mr. "I brag about how affluent the suburb I'm from is".

But OK? Sure. We could probably rework the age bands and subsidy formula. Is there some constituency pushing for that, are Democrats(firmly in the palm of Big Middle Aged Uninsured Rich People) refusing? As long as the end state is pretty much like it is today I don't see a problem with that, it's just moving some money around.

Your sincere issue here is backend calculations before subsidies are applied? OK. Is that it? Is that why you've made literally thousands of anti-Obamacare posts in this forum(oddly enough very few touched on this issue!)?

LOL at the end of the day your Dad is still buying health care for poor black people. Yes, we can.
05-09-2014 , 02:51 PM
Huh, maybe we should do something about that wealth transfer from the young and poor to the old and rich. How about, say, let's give the poor and young a subsidy to counteract some of that transfer, or even ensure they come out ahead. The rich and young, say, someone making a whopping quadruple the poverty level, those folks are probably fine. Meanwhile, if the olds are as rich as you say, let's not give them a subsidy either so that they pay full fare for their insurance. Whaddya say?
05-09-2014 , 02:53 PM
It's almost like there was thought put into this
05-09-2014 , 02:55 PM
ikes you gotta remember the most junior staffer on the least important committee who drafted this legislation would instantly be The Policy Wonk of your entire political philosophy. Where are you reading to get these Scorching Hot Takes on Obamacare? The Moonie Times? Ghost Breitbart? NRO? Daily Caller?

Your side doesn't have a vox.com for a ****ing reason.
05-09-2014 , 03:26 PM
Heritage Foundation is starting up a faux Vox though.

http://m.thenation.com/blog/179745-h...wing-news-site
05-09-2014 , 03:26 PM
Quote:
Originally Posted by FlyWf
ikes you seriously do not get to play Robin Hood [...]
Robin Hood took from the tax collector, the Sheriff of Nottingham, and gave back to the taxed, the people that the Sheriff robbed. Ikes seems to be fulfilling that role, from the limited posts I've seen. Why shouldn't he play Robin Hood?

This is kind of like Krystal Ball's interpretation of Animal Farm being a tale of capitalist greed run amok.

Do you watch MSNBC by any chance, Fly?
05-09-2014 , 03:32 PM
But the king laid claim to the land, therefor Excorum Rothbardum the people were renting the land from the king and owed him rent. Did you miss the #Misespitches that serfdom wasn't that bad?

      
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