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.
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.
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.
Some folks here at DU exist to find reasons to bash Obama.
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
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.
an opinion with which I don't agree, is not even close to attacking President Obama.
And I'm spot on about your MO.
my MO is you cant.
I am a pain in the ass, but I am not a hypocrite.
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?
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.