A Message From Lucianne  







S-G1




























ST-GC


   
 
Home Page | Latest Posts | Links | Must Reads | Update Profile | RSS | Contribute | Register | Rules & FAQs
Privacy Policy | Search | Post | Contact | Logout | Forgot Password | Search Using Google


ObamaCare Will Enrich
Insurers At Taxpayers´ Expense

Investor´s Business Daily, by Robert F. Graboyes

Original Article

Posted By:pineledger, 10/12/2013 3:39:40 AM

The Affordable Care Act may give health insurance companies a virtually limitless power to tap the U.S. Treasury, thereby lifting insurers´ profits to undreamt-of heights. (Snip)The subsidy formula promises, for example, that a family of four with $30,000 in income will pay no more than 2% of that income (or $600) for its health insurance. If an insurer charges $10,000 for a family policy, then, the family will pay $600 to the exchange, and the federal government will pay the remaining $9,400. Under the medical-loss-ratio (MLR) rules, the insurer is entitled to retain 20% of the $10,000 (or $2,000) for

Comments:
Considering the way the insurance companies got behind Obamacare, you can´t tell me this is an unintended consequence. The allowable quote does not fully explain the incredible financial taxpayer rip-off Obamacare permits the insurance companies to perform. It is redistribution with a capital R.

      


Post Reply  

Reply 1 - Posted by: Trigger2, 10/12/2013 5:43:47 AM     (No. 9561796)

Taxpayers lose because they get to pony up the $9,400; while Barry´s select cronies get to reap $2,000. What a deal. I wonder if it´s secretly called Redistribution of Taxpayer Dollars to Insurance Companies. I also wonder how much of that $2,000 gets transferred back to the DNC.

  Click Here if you Like this Comment

    14 persons like this.


Reply 2 - Posted by: lilo, 10/12/2013 5:55:33 AM     (No. 9561807)

EVERYTHING the government does is at taxpayer expense. It can only spend what it takes, and in some cases extorts from others.

  Click Here if you Like this Comment

    9 persons like this.


   

 

R-G1
  
R-VAR_AD


 
Reply 3 - Posted by: gaeditor, 10/12/2013 7:30:03 AM     (No. 9561880)

When I canceled my BCBS, the lady laughed, LAUGHED at me when I asked her if she was worried about what would happen when Obamacare kicked in. (I have another policy.)so I told her I wouldn´t be needing her "services". My insurance coverage went up to nearly $989 a month with a $10,000 deductible.

After she laughed, she said, still chuckling, "We are gonna make a fortune!"

I told her to basically put her BCBS where they sun didn´t shine.

  Click Here if you Like this Comment

    9 persons like this.



Post Reply   Close thread 755940




Below, you will find ...

Most Recent Articles posted by "pineledger"

and

Most Active Articles (last 48 hours)




Most Recent Articles posted by "pineledger"



Obama to Call for
Suspension of Russia From G-8
Wall Street Journal, by Carol E. Lee    Original Article
Posted By: pineledger- 3/24/2014 12:52:26 PM     Post Reply
The Hague-—President Barack Obama, seeking to shift the trajectory of the crisis in Ukraine, will press U.S. allies Monday to suspend Russia from the Group of Eight leading nations and to adopt more sweeping sanctions against the Russian economy, administration officials said. Mr. Obama will argue for those steps in an emergency meeting Monday evening with leaders of the world´s top seven economies, held on the sidelines of a nuclear security summit in The Hague, officials said. "We believe that there is no reason for the G-7 countries to engage with Russia going forward based on its behavior," Ben Rhodes,

Nudity, humor used to get youth
sign up for health care in Maine
Press Herald [Portland, ME], by Joe Lawlor    Original Article
Posted By: pineledger- 3/14/2014 5:43:35 AM     Post Reply
Advertising executives didn’t need a scientific study to surmise what would draw young adults to ads that encourage people to buy health insurance through the Affordable Care Act.They went with skin – lots of it. “He may not be naked. He could be wearing a Speedo,” Wendy Wolf said with a laugh, referring to an ad showing a young man who is otherwise unclothed but covered by a strategically placed laptop computer. “Dude, it’s time to get covered,” proclaims the ad for www.enroll207.com that ran this week in the Portland Phoenix alternative newspaper. Wolf, executive director of the Maine Health Access Foundation,

One-Fifth of New Enrollees
Under Health Care Law
Fail to Pay First Premium
New York Times, by Robert Pear    Original Article
Posted By: pineledger- 2/14/2014 5:18:09 AM     Post Reply
Washington--One in five people who signed up for health insurance under the new health care law failed to pay their premiums on time and therefore did not receive coverage in January, insurance companies and industry experts say. Paying the first month’s premium is the final step in completing an enrollment. Under federal rules, people must pay the initial premium to have coverage take effect. In view of the chaotic debut of the federal marketplace and many state exchanges, the White House urged insurers to give people more time, and many agreed to do so. But, insurers said, some people missed

   

 

  


 
‘Aid in Dying’ Movement
Takes Hold in Some States
New York Times, by Erik Eckholm    Original Article
Posted By: pineledger- 2/8/2014 5:46:05 AM     Post Reply
DENVER — Helping the terminally ill end their lives, condemned for decades as immoral, is gaining traction. Banned everywhere but Oregon until 2008, it is now legal in five states. Its advocates, who have learned to shun the term “assisted suicide,” believe that as baby boomers watch frail parents suffer, support for what they call the “aid in dying” movement will grow further. In January, the New Mexico Supreme Court authorized doctors to provide lethal prescriptions and declared a constitutional right for “a competent, terminally ill patient to choose aid in dying.” Last May, the Vermont Legislature passed a law

Health Care Law Projected to Cut the Labor Force
New York Times, by Annie Lowrey and Jonathan Weisman    Original Article
Posted By: pineledger- 2/5/2014 4:46:36 AM     Post Reply
Washinton--A Congressional Budget Office analysis released Tuesday predicted that the Affordable Care Act would shrink the work force by the equivalent of more than two million full-time positions and recharged the political debate over the health care law, providing Republican opponents fresh lines of attack and putting Democrats on the defensive. The nonpartisan budget office’s analysis, part of a regular update to its budget projections, was far more complicated than the Republican attack lines it generated. Congressional Republican leaders called the findings “devastating,” “terrible” and proof that the health care law was a job killer. (Snip)Senator Joe Manchin III, Democrat

Kerry’s Vain Quest For A
Nobel Peace Prize Drives
His Sellout Of Israel
Investor´s Business Daily, by Douglas Mackinnon    Original Article
Posted By: pineledger- 2/5/2014 4:02:05 AM     Post Reply
Secretary of State John Kerry must be really desperate to win the Nobel Peace Prize. So much so, he seems willing to continually force the state of Israel into untenable positions that put its security at risk. On this very topic last month, Israeli Minister of Defense Moshe Yaalon said Kerry "came here very determined and operates based upon an unfathomable obsession and Messianic feeling . . . "Throughout the recent months, there is no negotiation between us and the Palestinians, but rather between us and the Americans. The only thing that can ´save´ us is that John Kerry will

Holder Shakes Down ´Racist´
Banks For Nearly $1 Bil
Investor´s Business Daily, by Editorial    Original Article
Posted By: pineledger- 1/16/2014 6:58:11 AM     Post Reply
War On Banks: Attorney General Eric Holder has opened up a new front against car lenders and has forged an alliance with the Consumer Financial Protection Bureau to frame them for racism, too. We don´t use the term "frame" capriciously, certainly not like Holder uses the charge of racism. His department and the president´s new consumer credit watchdog agency, CFPB, have announced a new settlement with Ally Bank for nearly $100 million. It´s the largest fair lending deal against the auto industry and the third-largest ever to resolve charges of lending discrimination. Throw in four new mortgage-lender settlements over equally

New Mortgage Rules
Another Empty Obama Promise
Investor´s Business Daily, by Editorial    Original Article
Posted By: pineledger- 1/14/2014 7:36:40 AM     Post Reply
Misregulation: The president´s new consumer credit czar is doing a victory lap in the media over new mortgage rules, which go into effect this week. He claims they´ll stop another crisis. What a screaming joke. Consumer Financial Protection Bureau Director Richard Cordray chirped during an interview on the "Daily Show With Jon Stewart" that the new rules are a "big change from the status quo" and will take mortgage banking back to the days of prudent lending. (Snip) Despite all the hype of tightening underwriting, CFPB´s celebrated new mortgage rules in fact require no minimum down payment or credit score

   

 

B-G1


 
Fannie and Freddie´s New
Boss Could Reshape
Mortgage Finance
Businessweek.com, by Jodie Shenn and Clea Benson    Original Article
Posted By: pineledger- 1/11/2014 9:16:49 AM     Post Reply
Mel Watt hadn’t even been sworn in as the head of the Federal Housing Finance Agency when at 9 p.m. on the Friday before Christmas he e-mailed reporters from his personal account saying he would put on hold planned increases in fees Fannie Mae (FNMA) and Freddie Mac (FMCC) charge for insuring mortgage securities. With a three-sentence message, he signaled a break from his predecessor and hinted at how he’ll shape the future of the two firms that guarantee about 60 percent of new U.S. mortgages. (Snip)Watt “is really a bit of an enigma,” says Mortgage Bankers Association President David

New Affordable Care US
health plans will exclude
top hospitals
Financial Times, by Stephanie Kirchgaessener    Original Article
Posted By: pineledger- 12/9/2013 8:05:49 AM     Post Reply
Americans who are buying insurance plans over online exchanges, under what is known as Obamacare, will have limited access to some of the nation’s leading hospitals, including two world-renowned cancer centres. Amid a drive by insurers to limit costs, the majority of insurance plans being sold on the new healthcare exchanges in New York, Texas, and California, for example, will not offer patients’ access to Memorial Sloan Kettering in Manhattan or MD Anderson Cancer Center in Houston, two top cancer centres, or Cedars-Sinai in Los Angeles, one of the top research and teaching hospitals in the country. High quality global

Birds Will Attack
Amazon´s Delivery Drones
Slate, by Nicholas Lund    Original Article
Posted By: pineledger- 12/6/2013 2:24:55 PM     Post Reply
Konstantin Kakaes had a lot of good evidence to work with for his article debunking the promise of Amazon’s drone deliveries. The FAA doesn’t allow autonomous flight. Drones are too small and unreliable. They’ll cost Amazon a fortune to maintain and oversee. Kakaes had so many facts in his favor, but he left out a big one: Birds are going to hate these drones.(Snip)The difference for Amazon’s drones is that the birds will be chasing them. Unseen to us, the skies are checkered with fiercely defended bird territories. Open-country raptors—hawks, eagles, kites, harriers, etc.—don’t take kindly to interlopers on their

Why Kanye West Is
Not in Fashion in
the World of Style
Wall Street Journal, by Christina Binkley    Original Article
Posted By: pineledger- 11/28/2013 6:23:43 AM     Post Reply
In a major rant at radio host Sway Calloway this week Kanye West went full tilt against the fashion establishment that is preventing him from unleashing his artistry-in-apparel on the world: “I am Warhol. I am the No. 1 most impactful artist of our generation. I am Shakespeare in the flesh. Walt Disney. Nike. Google. Now, who’s going to be the Medici family and stand up and let me create more? Or do you want to marginalize me til I’m out of my moment?” Dear Kanye Warhol-Shakespeare-Disney-Google-West, So you want to be a fashion designer! You actually did launch a



Most Active Articles (last 48 hours)



Harry Reid: People Aren’t Educated
on How to Use the Internet

46 replie(s)
Washington Free Beacon, by Staff    Original Article
Posted By: Desert Fox- 3/26/2014 4:12:52 PM     Post Reply
Senate Majority Leader Harry Reid (D., Nev.) said the fault of struggling to sign up on the Obamacare exchanges didn’t lie with the faulty website, but with the people who weren’t “educated on how to use the Internet.” Explaining the reasoning behind the latest Obamacare delay, Reid said too many people just didn’t know to use their computer properly and needed more time. Apparently, it had nothing to do with the well-documented failings of the website that have embarrassed the White House for months. “We have hundreds of thousands of people who tried to sign up who didn’t get through,” he said.

   

 

R_DBL_B
  


 
Issa to IRS Commissioner:
Release Lerner´s Emails or
Face Contempt

42 replie(s)
Townhall, by Katie Pavlich    Original Article
Posted By: JoniTx- 3/26/2014 3:40:23 PM     Post Reply
Six months ago, Chairman of the House Oversight Committee Darrell Issa subpoenaed the emails of former head of IRS Tax Exempt Organizations Lois Lerner. Lerner was in charge during the IRS´ inappropriate targeting of conservative, patriot and tea party groups. IRS officials have failed to comply with the subpoena and today during a hearing on Capitol Hill, Issa threatened IRS Commissioner John A. Koskinen, one of only two political appointees at the agency, with contempt. "Unfortunately you´ve been more concerned with managing political fallout than complying with this Committee," Issa said, urging Koskinen to comply or "potentially be held in

Barack Obama Knows Now What It’s Like to
Give a Speech Where Only One Man Claps

42 replie(s)
International Journal Review, by Mike Miller    Original Article
Posted By: Desert Fox- 3/26/2014 4:55:39 PM     Post Reply
Okay, THAT was certainly embarrassing. At the end of a joint news conference with Dutch Prime Minister Mark Rutte in the Netherlands on Tuesday, the applause for Barack Obama came from a grand total of one guy. One. After thanking the crowd twice for suffering through his boring, standard worn-out spiel, Obama looked around the room, expecting the usual fanfare and applause he receives from his loyal followers back home. It never came. Instead, the Leader of the Free World was met with one slow, awkward clap. Question: was MSNBC’s Chris Matthews in the house?

Obama, Pope Francis
meet for first time

38 replie(s)
CNN, by Halimah Abdullah    Original Article
Posted By: drive- 3/27/2014 9:03:29 AM     Post Reply
U.S. President Barack Obama and Pope Francis met Thursday for the first time at Vatican City, offering a chance for a reset of sorts between the administration and Catholic leadership following years of strained relations. The two world leaders greeted each other with a smile and a handshake, and posed for pictures before sitting down across a table from each other. The goal of the meeting: Focus on areas where two of the world´s most influential men agree and gently tread ground where they differ. The President and the Pontiff will, as the White House said in a statement, focus on "shared commitment

AP poll: Disapproval of
Obama hits 59 percent

32 replie(s)
The Hill [Washington, DC], by Mario Trujillo    Original Article
Posted By: KarenJ1- 3/26/2014 7:13:35 PM     Post Reply
Nearly six in 10 people disapprove of President Obama´s job performance in a new poll by the Associated Press, the highest rating recorded by the newswire. According to the AP-GFK survey released Wednesday, 59 percent disapprove of Obama´s job performance while 41 percent approve. A similar poll released by the news outlet in January found 45 percent approved of him while 53 percent disapproved. Other recent polling has found Obama´s disapproval rating slightly lower, remaining in the low 50s. A CBS News poll Tuesday showed 50 percent disapproval, while Gallup has his disapproval at 52 percent. In the AP poll,

Harry Reid: Obamacare Delayed
Because ‘People Are Not Educated
About How to Use the Internet’

28 replie(s)
Mediaite, by Noah Rothman    Original Article
Posted By: KarenJ1- 3/26/2014 1:47:46 PM     Post Reply
On Wednesday, Obama administration officials announced a two week extension in the deadline to enroll in the Affordable Care Act or face a penalty defined as a tax. Asked about this “delay” in the implementation of the ACA on Wednesday, Sen. Harry Reid (D-NV) said that there has been no delay. He added that some of the users who experienced problems with the website early on need more time, partially because “people are not educated about how to use the internet.” “There’s no hiccup or delay,” Reid insisted. “We had hundreds of thousands of people who tried to sign up and

   

 



 
President Obama got elected
on competency. Now people
are starting to wonder.

28 replie(s)
Washington Post, by Chris Cillizza    Original Article
Posted By: LittleHoodedMonk- 3/26/2014 4:57:05 PM     Post Reply
On Tuesday night two things happened. 1. A trio of Secret Service agents were sent home from Amsterdam after one was found passed out drunk in a hotel hallway. 2. The Obama Administration announced (another) extension of the enrollment deadline for Obamacare signups. At first glance, these two events have little in common with one another. But, modern politics is all about narratives and storylines. And, both of these events confirm a growing concern from the public about President Obama: That he´s just not up to governing his administration and, by extension, the country, effectively.

The Individual Mandate Goes Poof
27 replie(s)
Wall Street Journal, by Abby McCloskey and Tom Miller    Original Article
Posted By: Desert Fox- 3/26/2014 9:11:56 PM     Post Reply
One by one, the myths of the Affordable Care Act have been revealed. When the curtain on open enrollment falls on March 31, the last remaining big myth of ObamaCare will be fully exposed: The individual mandate has failed. After a last-ditch effort with President Obama himself encouraging "young invincibles" to sign up before the deadline, the administration is scrambling to boost enrollment. On Tuesday, the White House announced that people who applied for coverage on the federal health-insurance exchange will have until mid-April to finish the paperwork. The mandate was supposed to be the administration´s magical elixir for the assorted shortcomings

More than 6 million Americans
enrolled under the ACA, WH says

27 replie(s)
Washington Post, by Juliet Eilperin    Original Article
Posted By: KarenJ1- 3/27/2014 3:39:18 PM     Post Reply
More than six million Americans have now signed up for private insurance under the Affordable Care Act, according to the White House, with just four days to go until the end of its first open enrollment period. While traveling in Italy on Thursday, President Obama shared the news in a conference call with thousands of health-care navigators and volunteers helping enroll people on state and federal marketplaces. As the volume of consumers seeking health plans has surged -- there were over 1.5 million visits to HealthCare.gov Wednesday and more than 430,000 calls to the marketplaces´ call centers -- Obama urged those on

The New Republican Reformers
26 replie(s)
Wall Street Journal, by Karl Rove    Original Article
Posted By: StormCnter- 3/27/2014 7:56:35 AM     Post Reply
Their target is the GOP, but they are not angry liberals bent on destroying it. They are reform-minded Republican leaders intent on strengthening it. These Republicans are applying conservative principles to 21st-century challenges, focused on middle-class concerns like lowering costs and improving access to college, modernizing health care and reforming the tax code. They aim to broaden prosperity´s reach through markets and merit, not government and corporate cronyism. They´re also concentrating on helping the poor by changing Washington´s dizzying assortment of antipoverty programs to emphasize work and make the safety net more effective and sustainable. The reformers´ success in providing

Getting popularity tips? Barack Obama hopes
for ´Francis bounce´ as he meets Pope for
first time and tells him he is a ´great admirer´

26 replie(s)
Daily Mail [UK], by Tara Brady    Original Article
Posted By: Attercliffe- 3/27/2014 8:17:00 AM     Post Reply
One is a world leader who has been praised for his humility and outlook on the world. The other is an American president, once the international superstar of the political stage. So it is no surprise that President Barack Obama has travelled to the Vatican in Rome possibly to get some tips from the popular Pope Francis who now even has own weekly glossy magazine dedicated to him. As he sat down with the Pontiff at the Vatican this morning, Obama called himself a ´great admirer´ of the pope. Their historic first meeting comes as Obama´s administration and the church

Northwestern University football players
can unionize, federal agency says

25 replie(s)
Fox News, by Staff    Original Article
Posted By: LittleHoodedMonk- 3/26/2014 3:40:31 PM     Post Reply
Chicago - In a ruling that could revolutionize college sports, a federal agency has given football players at Northwestern University the green light to unionize. Wednesday´s landmark ruling by a regional director of National Labor Relations Board means the players are deemed employees under federal law and so can create the nation´s first college athletes´ union. Union lawyers argued the Big Ten school´s football players are part of a commercial enterprise that generates hefty profits through their labor. The NCAA, Big Ten Conference and the private school vehemently opposed the union drive. Northwestern argued that college athletes are

   

Post Reply   Close thread 755940





Home Page | Latest Posts | Links | Must Reads | Update Profile | RSS | Contribute | Register | Rules & FAQs
Privacy Policy | Search | Post | Contact | Logout | Forgot Password | Search Using Google



© 2014 Lucianne.com Media Inc.

FS