Quote (Skinned @ Aug 16 2015 01:28pm)
The ACA is a staggering success, even this early into the process.
Just the 80/20 rule alone has already saved millions and will really start driving down costs soon. The 80/20 rule means that 80% of your premium must be spent on your health care or on programs designed to improve health care, with 20% going to administrative costs (it is 85/15 in large markets).
Can you believe these private sector bloodsuckers were charging over 20% of premiums in administrative costs of what Medicare and Medicaid delivers with 1.5% administrative costs? Sometimes they were taking 50%+ in administrative costs :lol: They should be handcuffed.
Lol, talk about welfare.
The Rate Review Panel is also another amazing addition. Already has prevented untold rate hikes by making companies post their reason for raising rates over 10% and a panel gets to rule on it.
An approximate 7% savings at best. If that is what the 80/20 rule actually accomplishes.
Prohibitions contrary to desire in an economy tend to do the opposite of what is intended because it changes how the players play the 'game'.
Quote (Skinned @ Aug 16 2015 09:48pm)
Name a single time Americans have been freer than now?
Impossible to do.
More free in some ways, more slavish and depraved in others.
ie: Corporate welfare, mandated healthcare, nonsensical self defense laws, silly standardized tests in schools.