Obamacare: The Enslavement Continues
Freedom died last spring when Obama’s health care reform bill was signed into law. And it continues to die in slow incremental painful gasps. Freedom-loving insurance companies can no longer deny medical coverage because of a pre-existing condition. They’re not allowed to discontinue coverage after a claimant has the nerve to get sick. And they can’t establish lifetime or annual limits on how much medical care those whiny patients are entitled to.
Isn’t this enough??? What will be the next cherished liberty to be stolen from The American People?!?!?
Here it is: There's a new requirement on how insurance companies can spend the money they collect in premiums. They have to spend eighty percent of this money on medical care. Not on seminars and meetings held in plush resorts; not on 7-figure bonuses. They have to actually spend 80% of this money on the medical needs of their policyholders when they get sick.
This regulation will take effect in January. It’s hard to tell how the Right will spin this, but they’ll find a way. Count on it. Get ready for a shitload of new corporate-funded “grass roots” front groups staging orchestrated “demonstrations.” Coming to a city near you.
Labels: insurance premium 80%, Obamacare
8 Comments:
Gee, I wonder if any loopholes will be exploited by the insurance companies in order to maintain maximum profit.
I just heard a guy today complaining that his daughter was turned down by an insurance company "because of Obama Care." Apparently he has been living on some strange planet where insurance companies welcomed everyone and never turned anyone away before. You cannot reason with these people! I enjoyed your post.
Randal: "Build a better mousetrap" has been replaced by the loophole.
Rick: That's an excellent example of the lies being spread about "Obamacare." That strange planet is inhabited by millions of gullible Fox News viewers and talk radio listeners.
After all, Tom, life if a pre-existing condition and it's fatal because it always ends in death. So, yeah, it's only fair for insurers to be able to deny coverage to anyone who's got a life. Only a socialist would say otherwise.
As for requiring insurers pay out 80 percent of premium revenues for claims — that's pure communism. Only Marxist Brothers would want that!
SW: Or as Alan Grayson said, sick people should just hurry up and die and get out of the way.
LOL Tom... Or if these people would kindly die and fall into a pre-paid for, pre-dug, all inclusive ditch where the GOP would gladly kick some dirt over their decaying corpses for a minimal premium increase.
Not to worry, increased premiums and increased co-pays are taking care of this socialist shit. No loop holes needed.
Papamoka: And those dead people's survivors could keep getting billed every year for hidden fees and surcharges. Failure to pay will result in the corpse being exhumed.
jadedj: I think these loopholes are already written into "Obamacare." HMOs can't deny coverage or establish lifetime limits unless it's "within reason," or something. The more things change...
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