Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
Republicans want to repeal no lifetime coverage caps, no pre-existing condition exclusion for children, etc.?
Your insurer won't be able weasel a way to drop you if you are chronically ill. Routine screening exams now will be provided without co-payments too...but that is a bad thing, right? These coverages kick in today.
Maybe Obama is right, maybe he needs to go out there and tell Americans what the party of no wants to say no about...again?
"On Thursday, the six-month anniversary of the signing of the Patient Protection and Affordable Care Act, a number of its most central consumer protections take effect, just in time for the midterm elections.
Starting now, insurance companies will no longer be permitted to exclude children because of pre-existing health conditions, which the White House said could enable 72,000 uninsured to gain coverage. Insurers also will be prohibited from imposing lifetime limits on benefits.
The law will now forbid insurers to drop sick and costly customers after discovering technical mistakes on applications. It requires that they offer coverage to children under 26 on their parents’ policies.
It establishes a menu of preventive procedures, like colonoscopies, mammograms and immunizations, that must be covered without co-payments. And it allows consumers who join a new plan to keep their own doctors and to appeal insurance company reimbursement decisions to a third party."
The health insurers are not even close to being financially unable to provide these coverages. It is flat out funny that some think they are going to go broke.
Yes we need no protection from insurance companies that would opt to try to not cover children...spare me ok?
I notice that none of those that claim insurers are not profitable provide any reference to a reputable source. Here, take a look at the 30% increase in profits this year alone:
United Health Care also paid its CEO $102 million! Yeah, unprofitable!
13 Answers
- 1 decade agoFavorite Answer
Don't be surprised if all the naysayer-responders here are one and the same person, Paul Grass, He has like 50 different identities on Yahoo so that he can vote on his own questions.
What is ironic about the GOP's determination to NOT have the Mitt-Romney-type mandatory coverage which takes effect in 2014 is that this was an INSURANCE COMPANY request from the Republican side of the aisle so that the insurers would have some INCOME from healthy people instead of ALL-OUTGO---the one capitalist component in the overhaul! Does anyone besides me find this funny? The pro-capitalist Republicans are fighting to get rid of the one "pro-capitalist" component! Before reforms, health insurers raised rates arbitrarily at between 3X to 10X the rates of inflation, which they now cannot do without a consumer-protection agency REVIEWING the proposed rate hikes to see if they violate antitrust laws or reasonable standards. Insurers LIKE the modernization of hospital records, the coverage of PREVENTIVE care at no cost to consumers, and the POOLING of both small businesses (to act as one large corporation---better rates for consumers) and the most fragile or sickest patients as cost-cutting measures for them, since they have to cover these people now anyway. The more the public gets used to the details, the better they will respond and become attached to the new Affordable Care Act and its follow-up, the FIX IT provisions (see whitehouse.gov for more details, including the DIRECT student loans that eliminate banks as high-interest-charging middlemen).
- 1 decade ago
Yes it should be repealed. The over 1,000 page health insurance takeover of the U.S.A. signed into law by democrats will be a disaster. The government is decreasing Medicaid payouts to doctors at the same time the reform will put millions more on Medicaid. Doctors will have to choose whether to take patients with Medicaid or pass the extra cost to their other customers. Of course there is a third option for doctors facing low Medicaid payouts and that is rationing of care to control costs which democrats insist won't happen.
- DiLv 71 decade ago
Is there a question in there or are you trying to convince yourself that Obamacare is really a good thing for some Americans. When the government takes over healthcare completely and when we end up with substandard health care providers because there aren't enough to fulfill the need, you might want to rethink your position.
- Anonymous1 decade ago
Health Insurance companies have on average a 2 - 3% profit margin (other insurance companies operate at a much higher rate & pharmaceuticals operate at a 35% profit margin)). Yet it is the insurance companies that have taken it up the poop chute.
In order to maintain that paultry 2 - 3% profit margin, insurance companies are now left with a few choices. The most obvious "option" is a price increase on insurance premiums but they are also doing other things like NOT opting to carry children health insurance policies.
I expect more Companies to require there workers to pay a greater percentage of the health insurance while not giving them a pay raise. I expect people in the middle class (especially lower end) to be hurt badly financially by these "costs" and the sad thing about it...they soon won't have the choice to say "no."
- How do you think about the answers? You can sign in to vote the answer.
- ?Lv 61 decade ago
I've been paying for my own health insurance for many years now. Guess what? After the new heathcare law passed, my insurance rates went UP! Now I am paying for unwed welfare moms that take their kids to the hospital ER because it's cheaper than going to a family doctor.
- Anonymous1 decade ago
Insurance companies do NOT have a large profit margin. If they have to pay out more in benefits then the will have to raise premiums or stop selling health insurance.
Sorry Liberals
There is no free lunch
- Anonymous1 decade ago
you people are sad, really sad.
when every single insurance compay drops off the planet becaue they go broke paying for everythign which is not their fault or youre [remiums will skyrocket and you have to sign up for the govt plan, which can do anything it wants, including raise the cost of anything in the form of your taxes, you will wish to rethink this but it will be too late.
luckily, since BO will not be proving eligibility for the next election he wont be running and this will be a sign that he was never elligible and thus everything he has signed will be overturned as a matter of law... or the supreme court will rule any single aspect of onbamacare boondoggle as unconstitutional and because those fools were in such a rush to pass this craptastic fraud of a bill, they forgot to put in a severability clause which protects the law if any part is srtuck down. better getn any care you think you can before november.
Source(s): fyi, MA is going broke unde r the 'mitt romney type plan because the socialists in MA overtook it and wrekced it as did HI and OR and which is the same thing only worse wotht the federal govt because theyr are starting out with those same provisions. - 1 decade ago
They want to repeal the entire, screwed up and intrusive mess the democrats created. It isn't just to repeal those items you mentioned, it is the entire thing. Be honest and admit that it was rammed down our throats against the will of the people and using dirty tricks to get it through. They even had to bribe people to get it passed!
Healthcare needs reform! There is no question about it. But this bill is a train wreck and needs to be repealed. Let's work on real reform that will really help people instead of one that destroys our quality of healthcare while screwing us and invading our privacy.
- Paul Grass™Lv 71 decade ago
What we now have is not health care reform so I say throw it out and begin from scratch,witrh no mandates btw CBS news reported last night that the insurance companies have found a loop hole they no longer sell children's policies
Source(s): [the preceding answer is my opinion and rebroadcast,dissemination, or distribution with out the express written consent of Paul Grass inc. is prohibited.] May God bless you and may God keep us safe from the progressive axis of evil;0bama,Pelsoi & Reid. - NikkiLv 71 decade ago
I wish govt would just get out of the insurance biz. If they left it to consumers, our buying habits would force them to offer decent coverage.
Wouldnt hurt if people took care of themselves, too.