General Discussion
In reply to the discussion: OK, the Affordable Care Act makes me feel 100% better about losing my job..... [View all]freshwest
(53,661 posts)In our lives already, if we can get them. The ACA has already hit a blow on the for-profit by forcing them to give rebates early next year for attemps to hide their advertising in 'direct patient care costs.' The ACA said that and profits had to fit within their administrative fees.
Medicare had or has 10-20% set to cover administrative costs, always lower than for-profits. The failure to provide for real health care, pre-existing conditions, denial of claims, etc. kept the profits up.
Providers, that is, hospitals and doctors suffered and spent many months begging for their payments and were going down. It made their costs go up and kept them from doing what they were educated to do for their patients. This will force more dollars to them, and those are the ones we really care about.
As soon as the Constitutionality of the ACA was approved, there were drops in the value of the two competing forces, the for-profits and the provders. They should not be in competition, they are not in other countries.
Oh, I got to go again. Anyway thanks for your example and that gave me a second to express my opinion again.