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AynRandCollectedSS

(108 posts)

65. What am I missing?

Wed Jun 27, 2012, 09:16 PM

Jun 2012

I've read quite a few threads here and on other sites/forums about how insurance companies love the ACA and how great it will be for corporate America. What I don't get it this:

1. The ACA mandates that insurance companies only use 20% of people's premiums for overhead and the other 80% HAS to be used for healthcare. If the law is upheld, they will owe BILLIONS in refunds to those they insurance in the coming months.
2. It has been discovered that while the insurance industry was pretending to like "Obamacare," they were secretly spending HUGE sums ($102.4 million in 15 months) to convince Americans it was a bad deal.

http://influencealley.nationaljournal.com/2012/06/exclusive-ahip-gave-more-than.php

3. If if is so good for corporate America, why are the Republicans trying to defeat it to begin with?

It seems to me that it's going to cap their profits and make them have to be insanely competitive to have to vie for every single Americans' business and therefore it's NOT so good for insurance companies at all.

What am I missing?

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Highlight:

Robert Reich: Supreme Court will Uphold Affordable HealthCare Act [View all] spanone Jun 2012 OP

SCOTUSBlog predicts mandate will be upheld... Drunken Irishman Jun 2012 #1

i look at this as hope..... i hope. spanone Jun 2012 #2

I would rather the mandate NOT be upheld. I would prefer my coverage be through taxation, like my WinkyDink Jun 2012 #43

So would I nt freedom fighter jh Jun 2012 #55

i would too... but rateyes Jun 2012 #60

It takes guts and optimism to write an article like this.. tokenlib Jun 2012 #3

Racism BumRushDaShow Jun 2012 #4

I don't think they care anymore. notadmblnd Jun 2012 #11

Reich is being silly cthulu2016 Jun 2012 #5

Yep, I agree. This group is one of zealots, not beholden to the public trust in the least. CTyankee Jun 2012 #32

Right Richard D Jun 2012 #40

like CU...... a kennedy Jun 2012 #80

It will be upheld because the health insurers tell them to. Sirveri Jun 2012 #85

Not silly now Logical Jun 2012 #98

I think it will stand as well, but because Glitterati Jun 2012 #6

If you are correct, stubtoe Jun 2012 #15

The guy needs to be Glitterati Jun 2012 #44

Interesting point! Logical Jun 2012 #69

I Had The Same Thought . . . DarthDem Jun 2012 #73

Most interesting point. Watching his behavior lately is like watching a five-year-old throwing a calimary Jun 2012 #78

I would love to hear how SCOTUS gives one ounce of a shit about public perception. Ruby the Liberal Jun 2012 #7

Legacy? I don't know... Drunken Irishman Jun 2012 #8

that and the public trust spanone Jun 2012 #9

Or... gives one ounce of a shit about the public. n/t gkhouston Jun 2012 #74

This message was self-deleted by its author gkhouston Jun 2012 #75

meh. Once the SCOTUS appointed W pResident, the demonstrated magical thyme Jun 2012 #10

Hogwash.... matmar Jun 2012 #12

+1 Get ready for For-Profit Medicare, For-Profit Social Security leftstreet Jun 2012 #16

They're already doing that -- Philly just passed a law criminalizing feeding the homeless. Leopolds Ghost Jun 2012 #89

Yes, EXACTLY. I don't think they would have the guts Raine Jun 2012 #22

Yeppers! SammyWinstonJack Jun 2012 #48

Then what is your explanation for Scalia and Thomas voting to strike it down, bornskeptic Jun 2012 #51

wake up, have some coffee. they haven't struck it down yet..... spanone Jun 2012 #90

That's my fear. But freedom fighter jh Jun 2012 #56

How is it a mandate in any way other than wording when there are zero penalties Bandit Jun 2012 #94

There is a tax penalty if you don't purchase. freedom fighter jh Jun 2012 #96

Absolutely. woo me with science Jun 2012 #59

SCOTUS has been expanding the commerce clause for a long time now. NYC Liberal Jun 2012 #61

it limits profits though veganlush Jun 2012 #72

Maybe he knows something we don't know... stubtoe Jun 2012 #13

Agreed. Roberts could care less what his legacy is. McCamy Taylor Jun 2012 #20

Someone plez help me out. What the hell is he talking about re. rhett o rick Jun 2012 #14

What can the public do? They can overthrow the whole thing, open any history harun Jun 2012 #30

I have opened a few history books thank you. Maybe you want to give me some examples rhett o rick Jun 2012 #67

You were wrong about Roberts. Epic ruling today. God Bless. harun Jun 2012 #109

Reich was correct in predicting that the SCOTUS and specifically Roberts rhett o rick Jun 2012 #110

Hard to say. I know B*sh wouldn't have nominated him if he was simply harun Jun 2012 #111

We still can . . . aggiesal Jun 2012 #34

We have to act thru our "representatives" and they have rhett o rick Jun 2012 #68

Reich may be right. DCBob Jun 2012 #17

Sorry but the SCOTUS is like the Pope---it thinks it is infallible and it does not care what its McCamy Taylor Jun 2012 #18

Yeah, the first thing I thought of was Fat Tony & Opus Dei. Jackpine Radical Jun 2012 #42

I don't trust Roberts anymore.... ut oh Jun 2012 #19

I lost my trust in these bastards December 12, 2000. liberalmuse Jun 2012 #21

The Mandate WILL be upheld, bvar22 Jun 2012 #23

Agree 100%. grahamhgreen Jun 2012 #29

exactly abelenkpe Jun 2012 #36

Can't believe some actually think this mandate bs is a good thing. SammyWinstonJack Jun 2012 #49

So called "Centrists" from the Upper Middle Class, bvar22 Jun 2012 #53

Yep. The uninsured are the Cadillac driving Welfare Queens of 2012. girl gone mad Jun 2012 #70

They are "sick & tired of paying for the "FreeLoaders" in the Emergency Rooms"[/i]. bvar22 Jun 2012 #99

Corporate propaganda. The ACA was the slickest bipartisan political scam woo me with science Jun 2012 #64

+1. Well said. n/t Laelth Jun 2012 #91

Well Said. bvar22 Jun 2012 #101

Thank you for adding that. woo me with science Jun 2012 #102

And... woo me with science Jun 2012 #106

Absolutely this is the correct answer. woo me with science Jun 2012 #57

Damn straight. The fascist court will uphold the fascist mandate. TheKentuckian Jun 2012 #58

They are going to blow a hole in it Zanzoobar Jun 2012 #62

All the right wing "friends of the court" filed briefs support overturning ACA. pampango Jun 2012 #88

Who knows? But so far the S.Ct. has voted aligned to their parties.... Honeycombe8 Jun 2012 #24

I don't think Reich is right on this one, and maybe I'm thinking backwards on this, but ... 1-Old-Man Jun 2012 #25

Do you think they care what the Public thinks? DearAbby Jun 2012 #26

Of course they will - it's a it mandates trillions to big insurance that they'll use to crush reform grahamhgreen Jun 2012 #27

I think the mixed Arizona ruling was a sop to make them look bipartisan Mutiny In Heaven Jun 2012 #28

Doubt it. But, Scalia's angry freakout might have been a good sign. Faygo Kid Jun 2012 #31

really. what he did was beyond the pale. the supremes are 'supposed' to be neutral spanone Jun 2012 #33

I hope Reich is correct. MineralMan Jun 2012 #35

They had their chance to show they care radarluv Jun 2012 #37

It will be upheld because it's a windfall for a big business ProudToBeBlueInRhody Jun 2012 #38

SCOTUS ***CAN*** afford to lose public trust. They answer to the .01% only. They care NOTHING about valerief Jun 2012 #39

This reads more like an appeal to the Supreme Court justices than an article aimed at the public. Marr Jun 2012 #41

I dont think they care what the public thinks of them. nt GusFring Jun 2012 #45

they are in now way Bellerophon Jun 2012 #63

The Court lost all credibility with Bush vs. Gore and hasn't gained any of it back. BlueCheese Jun 2012 #46

Intrade -79% chance will rule unconstitutional ErikJ Jun 2012 #47

Well my bet is on the Supreme COurt blog bigdarryl Jun 2012 #50

Retraction???:-) Logical Jun 2012 #100

Personally, I Prefer Single Payer mckara Jun 2012 #52

What makes you think this Court would not strike down single payer? TomCADem Jun 2012 #82

I don't think Roberts gives a rat's ass about the standing of the court. Tennessee Gal Jun 2012 #54

What am I missing? AynRandCollectedSS Jun 2012 #65

I agree with you. emulatorloo Jun 2012 #79

God willing! AynRandCollectedSS Jul 2012 #113

John Roberts is not concerned about **Jack Shit**, so now I am pretty sure it's doomed. nt LaydeeBug Jun 2012 #66

I am WRONG...happily WRONG. We can still get to single payer. :) nt LaydeeBug Jun 2012 #97

Thats possibly the least realistic prediction you could make quakerboy Jun 2012 #71

That would make a HUGE mess at the Fox News studios KinMd Jun 2012 #76

Damn, that's some industrial-strength wishful thinking. n/t gkhouston Jun 2012 #77

Scalia's shocking statements have disgraced the Court. Reich makes a good case. Thanks for posting. freshwest Jun 2012 #81

I can think of one thing that could influence Roberts loyalsister Jun 2012 #83

Don't see it Prophet 451 Jun 2012 #84

it will uphold it because it's a republican plan. HiPointDem Jun 2012 #86

+10000 Of course it was going to be upheld. woo me with science Jun 2012 #105

Well, even tho many of us have tried to point that out to the enchanted Dragonfli Jun 2012 #107

We have reached deliberate partisan psychosis. woo me with science Jun 2012 #108

I think healthcare will be upheld... CoffeeCat Jun 2012 #87

And..... woo me with science Jun 2012 #103

I admire Reich's optimism, but Roberts is a political animal at heart Arkana Jun 2012 #92

I say 7-2 to uphold the mandate. Laelth Jun 2012 #93

thank you mr reich spanone Jun 2012 #95

That man is brilliant. Tommy_Carcetti Jun 2012 #104

Good call! Quantess Jun 2012 #112