About 3 million Americans have now signed up for insurance through President Obama's health care law since the debut of the law's exchanges on Oct. 1, the Department of Health and Human Services said on Friday.
HHS did not specify when the exchanges hit the 3 million mark. Department spokeswoman Joanne Peters replied by email: "We hit 3 (million) this week, don’t have an exact date."
Combined with a previous report by HHS, this suggests that about 800,000 people signed up for insurance between Dec. 28 and sometime this week.
To put this number in context, before the exchanges opened, HHS had been projecting 3.3 million people would enroll by the end of December and about 1.1 million people would enroll this month, bringing the total to 4.4 million by the end of January.
So, this means that January could be the first month in which monthly signups roughly align -- or perhaps even beat -- expectations. Originally, the exchanges were supposed to enroll 7 million Americans through March.
But there's also an important caveat. HHS still hasn't disclosed how many of those who have selected a plan through the health care law have actually paid for it, which is how insurers typically define enrollment.
http://washingtonexaminer.com/hhs-says-obamacare-signups-hit-3-million-still-unclear-how-many-have-paid/article/2542844?custom_click=rss
Topic: . - page 13. (Read 46178 times)
The use of the phrase "running out of other peoples' money" refers to what happens when a country reaches the limit of it's capability to create money from thin air. If the country is on an international monetary standard like the Euro, then it would be borrowing. If it has a national fiat currency, it must print money.
I'm afraid to disappoint you, but that is not what the phrase refers to. Capitalism isn't what you guys believe that it is. Corporations making vast numbers of generic products isn't capitalism in it's original sense, but only in the modern political sense. That kind of capitalism would fit the model of a form of socialism all on it's own.
Well, until you run out of other people's money.
Pray tell, what happens in capitalism if people don't have any money to buy your products?
The market segments where those monies went shrink in accordance with demand, and with that, the job markets shrink.
The use of the phrase "running out of other peoples' money" refers to what happens when a country reaches the limit of it's capability to create money from thin air. If the country is on an international monetary standard like the Euro, then it would be borrowing. If it has a national fiat currency, it must print money.
In either case, the country does fairly well while income is in excess of actual wealth generated in the streams of taxation.
Well, until you run out of other people's money.
Pray tell, what happens in capitalism if people don't have any money to buy your products?
http://youtu.be/-0wg8y48ZTU
Credit ratings firm Moody's Investors Service on Thursday lowered its outlook for health insurers to "negative" from "stable," citing "uncertainty" swirling around the rollout of President Obama's health care law.
....
I would have to agree with that, but the reason is pretty sad. Namely, in a gangster government, publicly traded companies are unlikely to show major growth and profit, since profit would be siphoned off to the side by the krony kapitalistas.Credit ratings firm Moody's Investors Service on Thursday lowered its outlook for health insurers to "negative" from "stable," citing "uncertainty" swirling around the rollout of President Obama's health care law.
....
The public companies would be simply left to absorb the financial impacts of the risk and uncertainties.
http://youtu.be/-0wg8y48ZTU
Credit ratings firm Moody's Investors Service on Thursday lowered its outlook for health insurers to "negative" from "stable," citing "uncertainty" swirling around the rollout of President Obama's health care law.
In a new report, the agency said that the outlook for insurance companies is no longer clear because the law's insurance exchanges haven't been attracting enough younger individuals. In addition, Moody's analysts were concerned that the Obama administration has been changing regulations after insurers had already set prices for the year.
"While we've had industry risks from regulatory changes on our radar for a while, the ongoing unstable and evolving environment is a key factor for our outlook change," Stephen Zaharuk, author of the report, said in a statement. "The past few months have seen new regulations and announcements that impose operational changes well after product and pricing decisions were finalized."
The release noted, "Uncertainty over the demographics of those enrolling in individual products through the exchanges is a key factor in Moody's outlook change. ... Enrollment statistics show that only 24 percent of enrollees so far are between 18 and 34, a critical age group in ensuring that lower claim costs subsidize the higher claim costs of less healthy, older individuals. This is well short of the original 40 percent target based on the proportion of eligible people in this cohort."
Moody's also said it was "unclear" whether the impact of the new tax on health insurance policies was properly accounted for by insurers in their 2014 forecasts.
http://washingtonexaminer.com/moodys-slashes-outlook-on-insurers-cites-obamacare-uncertainty/article/2542744
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A Reminder: No matter how many posts I make, obamacare is the law of the land. Everyone is on deck (of the RMS Titanic)
Credit ratings firm Moody's Investors Service on Thursday lowered its outlook for health insurers to "negative" from "stable," citing "uncertainty" swirling around the rollout of President Obama's health care law.
In a new report, the agency said that the outlook for insurance companies is no longer clear because the law's insurance exchanges haven't been attracting enough younger individuals. In addition, Moody's analysts were concerned that the Obama administration has been changing regulations after insurers had already set prices for the year.
"While we've had industry risks from regulatory changes on our radar for a while, the ongoing unstable and evolving environment is a key factor for our outlook change," Stephen Zaharuk, author of the report, said in a statement. "The past few months have seen new regulations and announcements that impose operational changes well after product and pricing decisions were finalized."
The release noted, "Uncertainty over the demographics of those enrolling in individual products through the exchanges is a key factor in Moody's outlook change. ... Enrollment statistics show that only 24 percent of enrollees so far are between 18 and 34, a critical age group in ensuring that lower claim costs subsidize the higher claim costs of less healthy, older individuals. This is well short of the original 40 percent target based on the proportion of eligible people in this cohort."
Moody's also said it was "unclear" whether the impact of the new tax on health insurance policies was properly accounted for by insurers in their 2014 forecasts.
http://washingtonexaminer.com/moodys-slashes-outlook-on-insurers-cites-obamacare-uncertainty/article/2542744
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A Reminder: No matter how many posts I make, obamacare is the law of the land. Everyone is on deck (of the RMS Titanic)
Success in socialism is like any other, dependent on sound business practice. Skill at vote buying does not create a working national health care system. It can be made to work pretty well.
Well, until you run out of other people's money.
Well, until you run out of other people's money.
True. And we are much closer to runing out of other people's money than the English were when they started down this path, and they were also more inclined to cooperate as a population. And look at them now. Obamacare was screwed even if the rollout wasn't ran by incompetent politicos.
National health care was one of several preceeding and contributing events to the Weimer Republic hyperinflation, and I suspect if it is allowed to continue here it will end much the same.
Next in brainwashing the "Yes We Can crowd": Canada Has Death Panels... And that’s a good thing, (in newspeak)
http://www.slate.com/articles/news_and_politics/jurisprudence/2013/10/canada_has_death_panels_and_that_s_a_good_thing.html
Al Qaeda cancels attack on USA citing launch of Obamacare as devastating enough
http://www.thepeoplescube.com/
Success in socialism is like any other, dependent on sound business practice. Skill at vote buying does not create a working national health care system. It can be made to work pretty well.
Well, until you run out of other people's money.
Well, until you run out of other people's money.
True. And we are much closer to runing out of other people's money than the English were when they started down this path, and they were also more inclined to cooperate as a population. And look at them now. Obamacare was screwed even if the rollout wasn't ran by incompetent politicos.
National health care was one of several preceeding and contributing events to the Weimer Republic hyperinflation, and I suspect if it is allowed to continue here it will end much the same.
Next in brainwashing the "Yes We Can crowd": Canada Has Death Panels... And that’s a good thing, (in newspeak)
http://www.slate.com/articles/news_and_politics/jurisprudence/2013/10/canada_has_death_panels_and_that_s_a_good_thing.html
Success in socialism is like any other, dependent on sound business practice. Skill at vote buying does not create a working national health care system. It can be made to work pretty well.
Well, until you run out of other people's money.
Well, until you run out of other people's money.
True. And we are much closer to runing out of other people's money than the English were when they started down this path, and they were also more inclined to cooperate as a population. And look at them now. Obamacare was screwed even if the rollout wasn't ran by incompetent politicos.
National health care was one of several preceeding and contributing events to the Weimer Republic hyperinflation, and I suspect if it is allowed to continue here it will end much the same.
Success in socialism is like any other, dependent on sound business practice. Skill at vote buying does not create a working national health care system. It can be made to work pretty well.
Well, until you run out of other people's money.
Well, until you run out of other people's money.
True. And we are much closer to runing out of other people's money than the English were when they started down this path, and they were also more inclined to cooperate as a population. And look at them now. Obamacare was screwed even if the rollout wasn't ran by incompetent politicos.
I've noticed the hardcore ACA supporters on this thread have had little to nothing to say lately.
And that is why I will NEVER let that thread go to page 3...
I've noticed the hardcore ACA supporters on this thread have had little to nothing to say lately.
Weird to say this, but if the Republicans/Romney had done the job, they would have undersold the product, and over delivered.
Success in socialism is like any other, dependent on sound business practice. Skill at vote buying does not create a working national health care system. It can be made to work pretty well.
Well, until you run out of other people's money.
While the administration publicly expresses full confidence in its health care law, privately it fears one part of the system is so flawed it could bankrupt insurance companies and cripple ObamaCare itself.
“Week after week, month after month,” says John Goodman of the National Center for Policy Analysis, “the Obama administration kept telling us everything’s working fine, there’s no problem and then they turn on a dime and fire their contractor.”
To justify a no-bid contract with Accenture after firing CGI as the lead contractor, the administration released documents from the Department of Health and Human Services and the Center for Medicare and Medicaid Services that offered a rare glimpse of its worst fears, saying the problems with the website puts “the entire health insurance industry at risk” … “potentially leading to their default and disrupting continued services and coverage to consumers.”
Then it went even further, saying if the problems were not fixed by mid-March, “they will result in financial harm to the government.”
It even added that without the fixes “the entire health care reform program is jeopardized.”
http://www.foxnews.com/politics/2014/01/22/administration-fears-part-health-care-system-so-flawed-it-could-bankrupt/
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Exactly as planned. Who's ready for a good bail out for the insurance companies?
“Week after week, month after month,” says John Goodman of the National Center for Policy Analysis, “the Obama administration kept telling us everything’s working fine, there’s no problem and then they turn on a dime and fire their contractor.”
To justify a no-bid contract with Accenture after firing CGI as the lead contractor, the administration released documents from the Department of Health and Human Services and the Center for Medicare and Medicaid Services that offered a rare glimpse of its worst fears, saying the problems with the website puts “the entire health insurance industry at risk” … “potentially leading to their default and disrupting continued services and coverage to consumers.”
Then it went even further, saying if the problems were not fixed by mid-March, “they will result in financial harm to the government.”
It even added that without the fixes “the entire health care reform program is jeopardized.”
http://www.foxnews.com/politics/2014/01/22/administration-fears-part-health-care-system-so-flawed-it-could-bankrupt/
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Exactly as planned. Who's ready for a good bail out for the insurance companies?
KCBS-CA: California Woman Can't Find A Doctor After Signing Up For An ObamaCare Plan
http://youtu.be/1yr3YZMzJ4g
“Beth Kramer says she’s running out of options. And out of time,” says the local reporter.
“The disabled mother of two says she’s out of medication for an autoimmune disease, she’s run out of antibiotics for a painful internal infection, and the health plan she’s paid for through the Affordable Care Act keeps sending her to doctors who say they can’t treat her because they won’t take her insurance.”
“I’m out of medication,” says Kramer. “I’m sitting here with an infection and I’m out of antibiotics and the symptoms are coming back. And I have no idea when I can go to a doctor or where.”
Says the reporter, “Kramer signed up for health care under the Affordable Care Act through Covered California, the agency that is coordinating health care coverage between consumers and health insurance companies in California.”
WKBN-OH: Hundreds Of Ohio Residents Can't Keep Their Doctors Due To ObamaCare
http://youtu.be/3OBWpMdeln8
Hundreds of people in the Mahoning Valley can no longer go to their trusted doctors, and local officials say the Affordable Care Act is to blame.
Doctors from the Mahoning County Medical Association sat down with US Representative Bill Johnson in Canfield Tuesday to discuss their concerns with UnitedHealthcare’s decision to drop local doctors, including the Eye Care Associates practice in Beaver Township, from their Medicare Advantage plans. That means patients either have to change doctors or pay out of their own pockets.
“Now they are facing the choice of switching to another doctor. They are really scared, really scared,” said Dr. H.S. Wang, Eye Care Associates, Beaver Township.
Dr. Sean McGrath, president of the Mahoning County Medical Society, said UnitedHealthcare made similar changes once before, knocking one of the area’s primary urology groups off the Medicare Advantage network. This makes costs higher and care worse for patients.
“It has done so by creating a significant geographic void of covered physicians that requires patients to travel further to receive their care,” said McGrath.
http://youtu.be/1yr3YZMzJ4g
“Beth Kramer says she’s running out of options. And out of time,” says the local reporter.
“The disabled mother of two says she’s out of medication for an autoimmune disease, she’s run out of antibiotics for a painful internal infection, and the health plan she’s paid for through the Affordable Care Act keeps sending her to doctors who say they can’t treat her because they won’t take her insurance.”
“I’m out of medication,” says Kramer. “I’m sitting here with an infection and I’m out of antibiotics and the symptoms are coming back. And I have no idea when I can go to a doctor or where.”
Says the reporter, “Kramer signed up for health care under the Affordable Care Act through Covered California, the agency that is coordinating health care coverage between consumers and health insurance companies in California.”
WKBN-OH: Hundreds Of Ohio Residents Can't Keep Their Doctors Due To ObamaCare
http://youtu.be/3OBWpMdeln8
Hundreds of people in the Mahoning Valley can no longer go to their trusted doctors, and local officials say the Affordable Care Act is to blame.
Doctors from the Mahoning County Medical Association sat down with US Representative Bill Johnson in Canfield Tuesday to discuss their concerns with UnitedHealthcare’s decision to drop local doctors, including the Eye Care Associates practice in Beaver Township, from their Medicare Advantage plans. That means patients either have to change doctors or pay out of their own pockets.
“Now they are facing the choice of switching to another doctor. They are really scared, really scared,” said Dr. H.S. Wang, Eye Care Associates, Beaver Township.
Dr. Sean McGrath, president of the Mahoning County Medical Society, said UnitedHealthcare made similar changes once before, knocking one of the area’s primary urology groups off the Medicare Advantage network. This makes costs higher and care worse for patients.
“It has done so by creating a significant geographic void of covered physicians that requires patients to travel further to receive their care,” said McGrath.
Yeah. For a time, even the county by county list of the "navigators" home addresses were easily accessible. Someone I know personally might have downloaded ALL of them, while I watched. Maybe.
You don't really even want to work for these guys.
You don't really even want to work for these guys.
This is insane. As if none of the $600M were used for building that website. A free blogger or tumblr account is more secure than the place the law forces you to share all of your family and personal data...
In fairness, the insecurity isn't due to the website itself, but due to the interconnectedness that is required between servers owned by government agencies and private insurance companies. It's the interconnectedness that is difficult to manage. To put it simply, the complexity of intergrating hundreds of independently operated servers, running completely different sets of OS's and software, requires a default that favors openness for functionality.
It was predicted in advance, that the ACA was impossible to impliment in a secure manner.
If you had a website that didn't actually do anything, it'd likely be pretty secure....
.....
Maybe what they need to do is to have multiple terminals for each platform next to each other and have somebody eye balling the data from one monitor to the next for healthcare. Hmm maybe this is what they are doing...
Maybe what they need to do is to have multiple terminals for each platform next to each other and have somebody eye balling the data from one monitor to the next for healthcare. Hmm maybe this is what they are doing...
Come to think of it, an app / program that cut (machine 1) pasted (machine 2) would be really really handy. The government people could all use it.
And since it'd be cloud based, it'd be hackable, and then...
ROFL...
PORTLAND, Ore. (KATU) – The On Your Side Investigators revealed the colossal cost of Cover Oregon for the first time Monday and it shows how much of your tax money has been spent on the failed website.
KATU learned Cover Oregon and the Oregon Health Authority collectively spent just shy of $200 million on its Cover Oregon website, which has been plagued with problems for months and still hasn’t enrolled a single Oregonian for health insurance since the site launched Oct. 1, 2013.
The state health insurance exchange’s top dogs have been back and forth for months, extending the date when the website likely could be fixed. As of last week, Cover Oregon’s interim director, Bruce Goldberg, said there’s no specific deadline for when the website will be fully operational.
Lawmakers, like Rep. Jason Conger, R-Bend, are growing impatient.
Conger sits on the House Interim Committee on Health Care and last week grilled Goldberg about Cover Oregon – a project he referred to as a “train wreck.” In the hearing, Conger also asked Goldberg for a breakdown of taxpayer dollars spent on Cover Oregon to date.
Once Goldberg collected the numbers for Conger, he sent them to him in an email. Conger then shared Cover Oregon’s whopping $200 million price tag exclusively with the On Your Side Investigators Monday.
“It’s an enormous amount of money expended over a couple of years to build a website that doesn’t work,” Conger told KATU in a Skype interview Monday. “It doesn’t make sense to throw good money after bad and just waste that money on something that us ultimately, maybe doomed to fail.”
http://www.youtube.com/watch?v=VdlZqsbWYpk
http://www.katu.com/news/investigators/Colossal-cost-of-Cover-Oregon-prompts-lawmaker-to-call-for-end-of-spending-241209221.html
KATU learned Cover Oregon and the Oregon Health Authority collectively spent just shy of $200 million on its Cover Oregon website, which has been plagued with problems for months and still hasn’t enrolled a single Oregonian for health insurance since the site launched Oct. 1, 2013.
The state health insurance exchange’s top dogs have been back and forth for months, extending the date when the website likely could be fixed. As of last week, Cover Oregon’s interim director, Bruce Goldberg, said there’s no specific deadline for when the website will be fully operational.
Lawmakers, like Rep. Jason Conger, R-Bend, are growing impatient.
Conger sits on the House Interim Committee on Health Care and last week grilled Goldberg about Cover Oregon – a project he referred to as a “train wreck.” In the hearing, Conger also asked Goldberg for a breakdown of taxpayer dollars spent on Cover Oregon to date.
Once Goldberg collected the numbers for Conger, he sent them to him in an email. Conger then shared Cover Oregon’s whopping $200 million price tag exclusively with the On Your Side Investigators Monday.
“It’s an enormous amount of money expended over a couple of years to build a website that doesn’t work,” Conger told KATU in a Skype interview Monday. “It doesn’t make sense to throw good money after bad and just waste that money on something that us ultimately, maybe doomed to fail.”
http://www.youtube.com/watch?v=VdlZqsbWYpk
http://www.katu.com/news/investigators/Colossal-cost-of-Cover-Oregon-prompts-lawmaker-to-call-for-end-of-spending-241209221.html
Yeah. For a time, even the county by county list of the "navigators" home addresses were easily accessible. Someone I know personally might have downloaded ALL of them, while I watched. Maybe.
You don't really even want to work for these guys.
You don't really even want to work for these guys.
This is insane. As if none of the $600M were used for building that website. A free blogger or tumblr account is more secure than the place the law forces you to share all of your family and personal data...
In fairness, the insecurity isn't due to the website itself, but due to the interconnectedness that is required between servers owned by government agencies and private insurance companies. It's the interconnectedness that is difficult to manage. To put it simply, the complexity of intergrating hundreds of independently operated servers, running completely different sets of OS's and software, requires a default that favors openness for functionality.
It was predicted in advance, that the ACA was impossible to impliment in a secure manner.
Quite to the contrary, it was predicted ACA was safe to use and ready to go on day one October 1st...
http://www.youtube.com/watch?v=mRxNx1r6DGw
I'm sure that it was, but I'm saying that actual Internet security gurus predicted that the complexity involved would lead to secirity concerns, all of which proved true.
Ironic was my tone. It was pretty clear some major security concerns were voiced but...
Maybe what they need to do is to have multiple terminals for each platform next to each other and have somebody eye balling the data from one monitor to the next for healthcare. Hmm maybe this is what they are doing...
Yeah. For a time, even the county by county list of the "navigators" home addresses were easily accessible. Someone I know personally might have downloaded ALL of them, while I watched. Maybe.
You don't really even want to work for these guys.
You don't really even want to work for these guys.
This is insane. As if none of the $600M were used for building that website. A free blogger or tumblr account is more secure than the place the law forces you to share all of your family and personal data...
In fairness, the insecurity isn't due to the website itself, but due to the interconnectedness that is required between servers owned by government agencies and private insurance companies. It's the interconnectedness that is difficult to manage. To put it simply, the complexity of intergrating hundreds of independently operated servers, running completely different sets of OS's and software, requires a default that favors openness for functionality.
It was predicted in advance, that the ACA was impossible to impliment in a secure manner.
Quite to the contrary, it was predicted ACA was safe to use and ready to go on day one October 1st...
http://www.youtube.com/watch?v=mRxNx1r6DGw
I'm sure that it was, but I'm saying that actual Internet security gurus predicted that the complexity involved would lead to secirity concerns, all of which proved true.
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