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Forums10
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Most Online1,344 Apr 29th, 2024
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Joined: Feb 2008
Posts: 11,469 Likes: 489
Sidelock
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Sidelock
Joined: Feb 2008
Posts: 11,469 Likes: 489 |
Stop spreading lies Gnomoron. There would not be such a problem with ultra high medical costs or ultra high college tuition if the government had not intervened by instituting subsidies for both without any measure of control. No one is asking why these two parts of the economy have exceeded the rate of inflation so much for so long. Sometimes government intervention is the answer. More often, it is the problem.
When oil is flowing out of the ground faster than you can handle it, you build more storage tanks and accept it. You don't burn it or try to stuff it back into the well. Universities, Hospitals, Doctors, and Insurance Companies have been more than happy to accept the overflow.
Now go back to the "Re: Fast and Furious Executive Privilege" thread and answer the two simple questions I asked in my last post. Stop telling lies. Stop trying to cover your previous lies with more lies.
A true sign of mental illness is any gun owner who would vote for an Anti-Gunner like Joe Biden.
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Joined: Jul 2008
Posts: 1,008
Sidelock
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Sidelock
Joined: Jul 2008
Posts: 1,008 |
keith wrote (in part): " No one is asking why these two parts of the economy have exceeded the rate of inflation so much for so long."
This issue is being discussed and argued over incessantly. Nobody is ignoring it and people most certainly are asking "why"?
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Joined: Feb 2008
Posts: 11,469 Likes: 489
Sidelock
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Sidelock
Joined: Feb 2008
Posts: 11,469 Likes: 489 |
Why are you ignoring my request to go back to the "Re: Fast and Furious Executive Privilege" thread and explain your filthy lies.
Grow a pair. Man up and put up... or shut up. Filthy liar!
A true sign of mental illness is any gun owner who would vote for an Anti-Gunner like Joe Biden.
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Joined: Feb 2009
Posts: 7,561 Likes: 249
Sidelock
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Sidelock
Joined: Feb 2009
Posts: 7,561 Likes: 249 |
Without looking it up, I seem to remember that the administrative costs of SS are about 3%. No private insurance company can match that - it is indeed a well-run entity. Whether or not SS should be doing all it's doing is another issue, but it is efficient.
There's a hell of a lot of money in SS which is why the industry wants to privatize it. That would be a real scam. Millions of tiny retirement accounts, expensive to manage, getting fleeced by Wall St.
Replacement wrote (in part) " I mentioned these plans to refute Gnomon's suggestion that MediCare is somehow undercutting the private plans. In fact, MediCare is aiding and abetting the private plans."
I had thought that the Advantage Medicare plans were given to the private providers to manage because of intense lobbying by the industry. The Advantage plans are much more expensive, administratively, thann Medicare. A larger percentage of Medicare dollars goes to health care if paid directly by Medicare than if paid via the private contractors.
The same thing with student loans - there is no reason why banks should administer student loans and take a fee if the gov't can do it for less. Obama cut the banks out of the chain and now the money that goes into student loans has a lower administrative cost.
At the end of last year on the 23 of December, the administration quietly released an unaudited report that federal unfunded liabilities were sixty-five Trillion dollars. Not only has actual debt ballooned, but so have liabilities and money printing in the last few years. Knowing your administration and its fondness for sunshine, the actual numbers will 'change'. Six hundred plus thousand dollars liability per household does not spin well into efficiency, but thanks for the partial list of superficial diversions.
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Joined: Jul 2008
Posts: 1,008
Sidelock
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Sidelock
Joined: Jul 2008
Posts: 1,008 |
Yep the debt has ballooned. And it's gonna get worse.
Efficiency and spending are 2 separate things and are independent of each other. I could run up a monstrous household debt by spending all my money very efficiently (maximum amount of stuff per dollar) but that would be unwise.
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Joined: Feb 2008
Posts: 11,469 Likes: 489
Sidelock
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Sidelock
Joined: Feb 2008
Posts: 11,469 Likes: 489 |
Why are you ignoring my request to go back to the "Re: Fast and Furious Executive Privilege" thread and explain your filthy lies.
Grow a pair. Man up and put up... or shut up. Filthy liar! Gnomoron, this was directed at you, filthy liar. TTT
A true sign of mental illness is any gun owner who would vote for an Anti-Gunner like Joe Biden.
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Joined: Nov 2006
Posts: 3,441 Likes: 39
Sidelock
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Sidelock
Joined: Nov 2006
Posts: 3,441 Likes: 39 |
I had thought that the Advantage Medicare plans were given to the private providers to manage because of intense lobbying by the industry. The Advantage plans are much more expensive, administratively, thann Medicare. A larger percentage of Medicare dollars goes to health care if paid directly by Medicare than if paid via the private contractors. The medical loss ratio (MLR) on some (not all) of the Advantage plans may not be higher than that of govt Medicare, but the subscribers prefer the service and outcomes of the Advantage plans. That's why they subscribe to the Advantage plans in the first place, and that's why they generally stay in them. Re the lobbying issue, the insurers and providers saw a market opportunity that they thought they could make money on. The market has spoken, and the plans are generally profitable. That is capitalism at work. I brought this up in response to your contention that MediCare is undercutting other insurers and provider organizations. MediCare is not undercutting anyone. From one of your earlier posts: but here in the USA Medicare and Social Security are well-run, low-overhead agencies that undercut private suppliers.
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Joined: Jul 2008
Posts: 1,008
Sidelock
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Sidelock
Joined: Jul 2008
Posts: 1,008 |
Thanks Replacement - I was wrong about the Advantage plans. I had thought they were simply a part of Medicare run by private insurance companies.
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Joined: Feb 2008
Posts: 11,469 Likes: 489
Sidelock
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Sidelock
Joined: Feb 2008
Posts: 11,469 Likes: 489 |
Why are you ignoring my request to go back to the "Re: Fast and Furious Executive Privilege" thread and explain your filthy lies.
Grow a pair. Man up and put up... or shut up. Filthy liar! Gnomoron, this was directed at you, filthy liar. TTT Time to face the music Gnomoron. Answer the questions I posed in post #283333. You falsely accused me of some things. Prove it you filthy liar.
A true sign of mental illness is any gun owner who would vote for an Anti-Gunner like Joe Biden.
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Joined: Feb 2004
Posts: 626
Sidelock
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Sidelock
Joined: Feb 2004
Posts: 626 |
I received this e-mail today from my insurance provider:
NEWS ABOUT HEALTH CARE CHANGES! US Supreme Court Upholds Affordable Care Act On June 28, 2012, the US Supreme Court upheld the Affordable Care Act (ACA), ruling that the law's individual mandate is a constitutional exercise of Congress's power to impose taxes
With the exception of the limitation on the federal government's authority to withhold Medicaid funding, all provisions of the ACA stand and compliance efforts likely will move ahead at full speed. In preparation for the major coverage expansion to occur under the ACA in 2014, the Administration is expected to release a host of regulations dealing with the definition of minimum essential coverage, employer coverage and reporting requirements, and an array of new taxes and fees. Clients should be aware of provisions of the law set to take effect in 2013 and 2014, including those listed in the table below. Provisions of the Affordable Care Act That Take Effect in 2012, 2013 and 2014 2012 Medicare hospital value-based purchasing program Increase in physician quality reporting requirements in Medicare Additional Medicare pilot programs on alternative payment methodologies, e.g., accountable care organizations Increased requirements for hospitals to maintain not-for-profit status Fees from insured (including self-insured) plans transferred to the Patient-Centered Outcomes Research Trust Fund 2013 Increase Medicare payroll tax by 0.9% on high-income earners Impose a 3.8% tax on net investment income of high-income individuals $500,000 cap on health insurers' deduction for executive compensation Eliminate employer deduction for Medicare Part D subsidy FSA limitations Excise tax on medical device manufacturers and importers Medical expense deduction floor increases to 10% Nationwide bundled payment pilot begins in Medicare Increased Medicaid reimbursement for primary care Medicare physician comparison data available to the public Reductions in Medicare payments for select hospital readmissions Expanded coverage of preventive services by Medicaid 2014 Employer mandate and individual mandate Employer and insurer reporting requirements New health insurance market reforms take effect State health insurance Exchanges established Premium tax credits and cost-sharing subsidies available to certain individuals in Exchange insurance products Medicaid expansion to new populations (100% federal match to states for newly- eligible populations through 2016) Annual fee on health insurers Medicare/Medicaid DSH payment cuts begin Independent Payment Advisory Board (IPAB) issues first report to Congress if Medicare spending exceeds growth target Post-2014 Excise tax on high-cost employer-sponsored coverage
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