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PostPosted: Mon May 23, 2016 8:50 pm 
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and let it die on its own

http://www.cnbc.com/2016/05/23/insurers ... hikes.html

Quote:



Consumers on the lowest-tier "bronze" plans could see some of the biggest jumps in prices if preliminary requests are ultimately approved. In some cases, insurers are abandoning the low-premium offering altogether.

A unit of CareFirst Blue Cross in Virginia said it will transition all of its bronze plan members to mid-tier, or so-called silver, plans in 2017. The switch will mean a 70 percent price hike for those customers, according to the company's rate request filing.

Bronze plans have been some of the biggest sources of losses for insurers because the low rates attract sick patients who cost more, but often drop coverage during the year.

"Tons of people came in, got what they needed and left. And they ended up 20 percent — in some cases 30 percent — more expensive than those who came in and stayed," said Dr. Martin Hickey, CEO New Mexico Health Connections, a nonprofit cooperative insurer.


Quote:
"With these heavy rate increases, the problem is the people who are going to say for a $695 penalty, to heck with it," Hickey explained. "The healthy abandon insurance, and what you're left with is the sick, and you can never raise your rates high enough."


or, even better, let the aca stay as a simple tax increase on the poor. why does the GOP hate this again?

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PostPosted: Mon May 23, 2016 9:40 pm 
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One of the least known but main architects of the monstrosity known as ACA, always maintained that one of the potential and best outcomes was to kill off the incredibly irresponsible and greed driven private insurance industry, in favor of highly regulated and result driven Accountable Care Orgs. Because if this country cannot do the intelligent thing in the easiest way possible, it will waste tons of money and back into the intelligent thing, while also half assing it.

ACOs exist but as it is voluntary and results driven instead of profit driven so, good luck. Wrong country to try and remove the profit model from something. https://en.wikipedia.org/wiki/Accountab ... ganization


At least we managed to restructure the system to stop bankrupting people and denying seriously ill people. At this point this country needs to take value in the small, common sense victories.

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