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.

How does everyone feel about obama's latest "fix" to the ACA?

After three years and billions of dollars the obamacare website still hasn't been built, including the payment system. Now, because the payment system isn't built or working properly for people trying to enroll in obamacare through the federal exchange, insurance companies will be billing the government for subsidies based on "guesses" of how much the government owes them. Welcome to bailout by guestimation. The administration is planning a “workaround” for payments, said Daniel Durham, vice president for policy and regulatory affairs at America’s Health Insurance Plans. The Centers for Medicare and Medicaid Services (CMS) has not yet finished building the part of the website that would transfer billions of dollars in subsidies for plan premiums and cost-sharing payments to insurance companies. Health plans will estimate how much they are owed, and submit that estimate to the government. Once the system is built, the government and insurers can reconcile the payments made with the plan data to "true up" payments, he said. I wonder how the IRS would like it if we all "guestimated" our taxes and sent that amount?

Update:

LK I'm not whining, I'm pointing out what obama's latest fix is to the monstrosity he calls the ACA (since he no longer wants his name on it). You must be on public assistance or else you wouldn't want tax dollars being given to insurance companies, which obama vilifies, in the form of a blank check.

4 Answers

Relevance
  • ?
    Lv 7
    7 years ago
    Favorite Answer

    Among other things, it's more risky to use it now and lose your identity then even having used it the first time.

  • wtinc
    Lv 7
    7 years ago

    That's because all payments will be filtered through an account connected to Obama, Reid, and Nancy which will hold the money for several months before it is actually distributed to the companies and all that interest it will gain is theirs Its call corruptions and that is all this bill is about.

  • Anonymous
    7 years ago

    All the money Obama has wasted in 5 years, we could have gave everyone in this Country That didn't have any healthcare. healthcare for the rest of their life.

  • Anonymous
    7 years ago

    Obama and the Democrats are doing a good job shame no one else is on the other side of the House.

Still have questions? Get your answers by asking now.