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In reply to the discussion: What is ObamaCare? High-Cost Privatized Medicine That Provides Huge Profits To Insurance Industry [View all]Bolo Boffin
(23,796 posts)There's not a lot it takes to show that the basic premise of the OP is false. Profits and admin costs are limited under the ACA to 20% for individual and small markets, and to 15% for large markets. That's a point I made, but as you can see, it took a sentence.
Better Believe It parried feebly by pointing out a few waivers to the MLR floor granted by HHS, but I also showed that the waivers are short-term, the states must get to the actual MLR floor within two years at most or have a danged good reason for not, and many state waiver applications are being denied.
I grant you that the substantive debate has been very sparse, but that's because the OP's substance was so sparse to begin with. Which tends to happen when an article from a right-wing 9/11 Truther whose articles are posted at the Truther's good friend's website, a recognized hate group by the SPLC, gets posted here by someone looking to bash our candidate for the 2012 presidential election.