ScubaSteve
ScubaSteve's JournalRubio’s Poison Pill for the ACA (Obamacare)
Its all over the news that Health insurers are decrying rates for the Affordable Care Act are going up 25%! Some say 40%, 60%, and others 80%, hailing the downfall of Obamacare as a failure.
So let’s understand that we all know that by bringing everyone into this insurance program that insurers could take a hit by covering so many very sick folks against what profit they could make off of healthy young adults.
The plan says (in essence) if you pay out more than you take in the Government will give you a subsidy to make up for the loss. Otherwise, without the subsidy an insurer would have to either raise the rates to make up for the loss, or get out altogether because who can operate a business at a loss?
Little Marco sponsored a bill stuck into the 2015 Ominbus bill that says if an insurer pays out more than it is taking in, then the Government cannot use tax payer dollars to bail them out, effectively eliminating the very subsidies that makes the ACA functional.
That little fucker stuck a poison pill into a huge bill last year that right now is forcing the hand of insurers to raise the rates to make up for their shortfall, while others are in fact getting out of the healthcare exchanges altogether.
All to make it “look” like the ACA is a failure and therefore “I told you so.” Such a sneaky, conniving, little bastard… 
Snip…
“Rubio's provision took aim at an Affordable Care Act program designed to resolve one of the knottiest problems facing the president's plan to expand health insurance: convincing insurance companies to take on clients with higher health risks. To prevent premium spikes for customers of companies that did so, the bill created a “risk corridor” pool. It collects money from insurers that enroll less-costly patients and pays it out to those who enroll more-costly patients. Rubio effectively sabotaged that by barring taxpayers from covering a potential shortfall.
In 2013, Rubio began decrying the risk corridor provision—modeled after one included in the Medicare Part D prescription drug benefit of 2003 that experts say it was successful at lowering risk—as a “bailout” of insurers. He pushed legislation to repeal it. The bill didn't pass, but thanks to his efforts, a provision barring the federal government from making up risk corridor shortfalls got tucked into a must-pass bill funding the federal government that Congress passed and Obama signed late last year.
This fall, the government announced a risk corridor shortfall of $2.5 billion.”
http://www.bloomberg.com/politics/articles/2015-11-25/marco-rubio-didn-t-kill-obamacare-but-here-s-how-he-undermined-it
[link:http://www.bloomberg.com/politics/articles/2015-11-25/marco-rubio-didn-t-kill-obamacare-but-here-s-how-he-undermined-it|
George Will is Michelangelo with words…
With all of the dumbed down rhetoric flying about that only requires a feeble mind to absorb, we now have the “unshackled” George Will.
Now an "Independent" he can unleash his frustration, aggravation, nay his raw intelligence at the party he so loved. So brilliant is he with his acerbic wit that it is only overshadowed by his astuteness of the world around us.
If you’re a Big Bang Theory fan ‘cause you appreciate the vocabulary and intelligence as brain candy, then feast your mind on this…glad he’s free and I’m think’in he’s with Her, enjoy...
Trump’s vile candidacy is chemotherapy for the GOP
By George F. Will
The Washington Post
First Published Oct 10 2016 04:24PM
"Freedom's just another word for nothin' left to lose."
— “Me and Bobby McGee”
Washington
What did Donald Trump have left to lose Sunday night? His dignity? Please. His campaign's theme? His Cleveland convention was a mini-Nuremberg rally for Republicans whose three-word recipe for making America great again was the shriek "Lock her up!" This presaged his Banana Republican vow to imprison his opponent.
The St. Louis festival of snarls was preceded by the release of a tape that merely provided redundant evidence of what Trump is like when he is being his boisterous self. Nevertheless, the tape sent various Republicans, who until then had discovered nothing to disqualify Trump from the presidency, into paroxysms of theatrical, tactical and synthetic dismay.
Again, the tape revealed nothing about this arrested-development adolescent that today's righteously recoiling Republicans either did not already know or had no excuse for not knowing. Before the tape reminded the pathologically forgetful of Trump's feral appetites and deranged sense of entitlement, the staid Economist magazine, holding the subject of Trump at arm's-length like a soiled sock, reminded readers of this: "When Mr. Trump divorced the first of his three wives, Ivana, he let the New York tabloids know that one reason for the separation was that her breast implants felt all wrong."
Read the rest at:
[link:http://www.washingtonpost.com/opinions/donald-trumps-vile-candidacy-is-chemotherapy-for-the-gop/2016/10/10/73e40f30-8f05-11e6-9c85-ac42097b8cc0_story.html?utm_term=.816d2501a6b3|
http://www.washingtonpost.com/opinions/donald-trumps-vile-candidacy-is-chemotherapy-for-the-gop/2016/10/10/73e40f30-8f05-11e6-9c85-ac42097b8cc0_story.html?utm_term=.816d2501a6b3]
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Member since: Sat Oct 1, 2016, 08:25 AM
Number of posts: 83