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Nuclear Unicorn

(19,497 posts)
Thu Jan 14, 2016, 06:42 PM Jan 2016

Critics say ACA ‘risk’ strategies are having reverse Robin Hood effect

Critics say ACA ‘risk’ strategies are having reverse Robin Hood effect

In early summer, a small, nonprofit HMO in Birmingham, Ala., got a surprise from the federal government: a bill for $1.7 million.

The charge, which amounted to a startling two-fifths of the premium money that Viva Health had collected from 1,100 customers, stemmed from an obscure part of the Affordable Care Act designed to support health plans with lots of sick, expensive customers by giving them money from plans with healthier customers.

The goal is to help keep insurance markets stable by sharing the “risk” of sicker people and removing any incentive for plans to avoid individuals who need more medical care. Such stability is likely to encourage competition and keep overall prices lower for consumers, while its absence can undermine both and limit coverage choices — the basic principles of the law.

...

Indeed, Blue Cross and Blue Shield of Alabama, which dominates the market in which Viva sells, is getting more than $2.5 million.

https://www.washingtonpost.com/national/health-science/critics-say-aca-risk-strategies-are-having-reverse-robinhood-effect/2016/01/13/e41cf574-b48f-11e5-a842-0feb51d1d124_story.html


So the Democratic party is cutting off its face to spite its nose (wording intended) over Single Payer to the point where even a once-solid Progressive such as Howard Dean has sold out and now the system they're defending is propping up big corporations at the expense of little, more response companies. This will do nothing but lead to regulatory capture of the insurance marketplace spreading the "too big to fail" disease from banks to insurance carriers.

We would have been better served had the Supreme Court had struck down this monstrosity. Then, at least, we would have had the political cover to work towards SP. As it stands now The Establishment is gutting every argument for SP while clinging to a law that is destined to self-destruct.

Next Up: GOP donors will start investing in the TBTF corporations soaking up those sweet, sweet tax subsidies.

Dretownblues

(253 posts)
4. It's not Obamas fault
Thu Jan 14, 2016, 07:01 PM
Jan 2016

I think it is more of the fact that even some Democrats were against the ACA and let it get hacked to pieces by the Rs. Also pointing out flaws in the ACA is not bashing, it is pointing out flaws so they can hopefully be fixed.

randys1

(16,286 posts)
5. This person isnt pointing out flaws, they referred to it as a monstrosity
Thu Jan 14, 2016, 07:02 PM
Jan 2016

Some folks here at DU exist to find reasons to bash Obama.

SickOfTheOnePct

(7,290 posts)
10. And we've been around long enough to know your MO as well.
Thu Jan 14, 2016, 07:25 PM
Jan 2016

Take what someone says, twist in your own mind until YOU see it in the worst possible light, then post about how the person you're attacking said something they never said.

Rinse and repeat...but at least you spared all of us THE SCREAMING AND EMPHASIS!!!!111

randys1

(16,286 posts)
11. They didnt call ACA a monstrosity?
Thu Jan 14, 2016, 07:27 PM
Jan 2016

Yes, the OP did

The OP Is known for some of this kind of stuff but many here are.

Many here dont like Obama and they find ways to express it all the time.

Your crap about my MO is just that, crap.

SickOfTheOnePct

(7,290 posts)
13. Saying the ACA is a monstrosity
Thu Jan 14, 2016, 07:58 PM
Jan 2016

an opinion with which I don't agree, is not even close to attacking President Obama.

And I'm spot on about your MO.

randys1

(16,286 posts)
14. Yes, it is an attack of the president and the reason you are not showing specifics about
Fri Jan 15, 2016, 11:33 AM
Jan 2016

my MO is you cant.

I am a pain in the ass, but I am not a hypocrite.

SickOfTheOnePct

(7,290 posts)
15. Only in your mind is it an attack on the President
Fri Jan 15, 2016, 01:23 PM
Jan 2016

The fact that YOU choose to make it about the President rather than ACA, which the OP did, is Exhibit A of your MO.

And where did I say you were a hypocrite?

Thenewire

(130 posts)
3. Struck down and what?
Thu Jan 14, 2016, 06:52 PM
Jan 2016

Cause millions of people to lose their insurance and go back to when insurance companies could discriminate based on pre-existing conditions. It is definitely not the best system but it helps millions of people. What you suggest is exactly that, cutting off the nose to spite the face. This also proves how reckless the unrealistic populism of Sanders is to progressives. We definitely need single payer but it will not be accomplished under the current political climate where republicans only fight for regression. We will need a much weaker republican party and a cultural shift towards the greater good. This country is currently too greedy to accomplish any of this.

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