published Monday, May 23rd, 2011

High cost of ‘cost control’

Georgia and eight other states are pleading with the federal government to relax the Obama-Care rule that insurers have to spend particular percentages of their premium revenue on medical care, administration, overhead and so forth.

Why are they asking for that exemption?

Well, insurers in the states are having trouble making a go of it under ObamaCare’s dictation of just how much profit they can make. So they’re having to consider pulling out of some states altogether. That would mean higher costs and fewer options for care for the residents of those states.

In fact, the Obama administration has already had to exempt Maine from the rule that a minimum of 80 percent of premium revenue has to be spent on medical costs and quality improvements. The second-biggest insurer in Maine, MegaLife, had said it would have to leave the state if it did not get relief from the requirement. The U.S. Department of Health and Human Services admitted that MegaLife’s pullout could have forced thousands of people to buy far more costly health policies from other insurers in Maine.

In Georgia, meanwhile, it is estimated that 100,000 people have policies with insurers that could be forced to leave the state because of ObamaCare’s mandates, Kaiser Health News reported. That would leave them with few affordable options.

Analysts are predicting that Georgia and the other states seeking waivers — Florida, Iowa, Kansas, Kentucky, Louisiana, Nevada, New Hampshire and North Dakota — will get them because the administration doesn’t want bad publicity when people can no longer afford coverage because of ObamaCare.

But doesn’t that raise the obvious question of why the administration keeps having to issue one waiver after another from ObamaCare’s mandates? Almost 1,400 unions, companies and other organizations already have had to get exemptions from various costly aspects of ObamaCare. The great irony is that the whole idea of the health care “reform” was to control costs and expand coverage. But now it is raising costs and shrinking coverage. How is that an improvement?

Is it any wonder that a majority of the states are suing to have unconstitutional ObamaCare overturned? For the sake of the American people and our Constitution, we hope they succeed.

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bookworm said...

Dear Free Press: That's just a bunch a' crock what you say. You might as well quit writing for the paper and become a full time lobyist for the insurance company stock holders. That's nothing but a blackmail attempt on the behalf of the rich insurance companies.

May 23, 2011 at 6:43 a.m.
Livn4life said...

Don't forget THE key exemption from ObamaCare, CONGRESS and OBAMA HIMSELF. That should let anyone know how much they really value their creation. But then the bookworm says "That's just a bunch a' crock..." The crock is with our federal government lying and being handled as if anyone who calls them on the lies is a crockster. Sounds pretty typical of leftism. Guess we will have to "enjoy" the continued slide downward while Bookworm types keep blaming Reagan,Bush, etc.

May 23, 2011 at 9:02 a.m.
hambone said...

And how much does BCBS of Tennessee have in the bank?

May 23, 2011 at 10:57 a.m.
Leaf said...

Oh, poor poor insurance companies. I feel so sorry for them and their lobbyists. It's so sad that they might not be able to make 20% profits, or spend $150 million per year on lobbying, or pay their CEO $6.2 Million per year. How will those Washington lobbyists and insurance executives feed their poor starving families and maintain their fleets of private jets? Darn that Obamacare!

May 23, 2011 at 11:47 a.m.
SeaMonkey said...

good points livn4life...looks like pelosi's district gets a free pass....and you're right, it's one thing for the elites like, obama, pelosi and congress...and probably beuro- crats as well..and another for the rest of us...

how much do you have in the bank, hambone? it's none of your business. as are most things you libs want to know about. nosey and bossy and envious. gag....

all of these waivers for obamacare being handed out by lord obama to those who please him and his foul party..are absolute proof of democrat party and big gov. corruption.

how come you libs have such trouble with companies in the private sector paying

ceo's whatever they want....how does it affect you? do you lose sleep over actors and athletes making large sums of money......huh?........you maxists can kiss my ass......you're hyporcrites and, as nancy pelosi has just proven, corrupt. you have no defense.......and you make no sense. you want companies to hire people, but you don't like when they're profitable....you want to dictate to them what their profit should be. you're envious and petty. those who have the most responsibility should make the most money.....if you believe otherwise...you're an idiot.

alex rodriguez signed a 10 year $275 million dollar contract...is that fair to you? jerry jones, owner of the dallas cowboys, made who knows how many tens of millions last season....oprah makes a couple of hundred million a year.....

you have a problem with them?...if you don't..then shut up. if bcbs wants to pay their ceo a few million a year..what's it to you?......grow up.

businesses exist to make a profit....how else can they stay in business and employ people? huh? would you rather that they be poor? morons....

the federal government takes in more money than any other entity......have you see the towns and suburbs around washington d.c.? oh, poor babies...some there only have one mercedes instead of two.....tough times for government employees.

if a ceo's company doesn't stay profitable and function well, then he's history. the fed governement can be wasteful and squander money and no head role. all the faceless, nameless, fat ass beurocrats are there to stay.

you libs are warped

May 23, 2011 at 12:11 p.m.
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