Insurance Exec Explains Myth of Replace and Repeal

[Clyde]

It's not as easy as some make it sound.

 

Companies will exit the individual market altogether asap.

 

I’m a former health insurance CEO and here’s why the GOP’s health care ideas won’t work

[mcpapa]

Interesting read.

[LIPTON BASH]

It's not as easy as some make it sound.

 

Companies will exit the individual market altogether asap.

 

I’m a former health insurance CEO and here’s why the GOP’s health care ideas won’t work

 

The point is to eliminate the current indivdual market created by ACA ? What am I missing ?

[Clyde]

The point is to eliminate the current indivdual market created by ACA ? What am I missing ?

 

Please re-state your question.

[LIPTON BASH]

Please re-state your question.

 

The point in ending ACA is to end the current individual market. So this CEO's point is irrelevant to me. They are creating a new market.

 

There have been two republican plans out there for 5 plus years and they are going to use one of them. That's why I've always laughed when people have said they haven't offered an alternative.

 

This is your second thread looking to the past on this issue

[Bluegrasscard]

The point in ending ACA is to end the current individual market. So this CEO's point is irrelevant to me. They are creating a new market.

 

There have been two republican plans out there for 5 plus years and they are going to use one of them. That's why I've always laughed when people have said they haven't offered an alternative.

 

This is your second thread looking to the past on this issue

 

But the 'no alternative offered' narrative allows for simple dismissal without honest debate (in Congress).

 

People praise the 'keep your adult child' on the plan as if it a Dem concept. The Repub counter to that was actually more flexible allowing any family member to be added for a surcharge. But again, that would hurt the talking points of the time and even current.

 

As noted - INDIVIDUAL insurance never, ever worked. The math of insurance says it won't work on its face - a risk pool of 1 is not a risk pool.

 

Government can do something that companies can not in the healthcare market. It can serve as insurer of last resort. That is fine - if done right. So far nothing seems to be right. ACA has to change - its not close to viable. But pure employer oriented, 'free-market' (which doe not exist in the health industry) will not work. I am sure there are solid plans out there - but obviously they were suppressed in 2009 and are still not well publicized for honest vetting.

[Clyde]

As expected the new House has started the process of budget proposals that will be enacted through budget reconciliation. Also, no one expects the House to offer a plan in the near fugure. The "repeal and delay" will be an interesting process to follow. The budget reconciliation, as outlined by the insurance exec in the first link, COULD be ugly for many Americans who have benefitted from ACA.

 

Some Republicans are concerned that the amount of time required to come up with a new replacement will slow down other actions they want to get going.

[Pioneer.Pride]

One of the things the GOP will do is eliminate individual state insurance commissions and have one set of rules and qualification criteria across all states. This is one area where federalization makes sense. Its too expensive to 50 regulating agencies.

 

The thing that kills ACA is that the penalty for healthy people not having health insurance is just not significant enough to modify behaviour.

[Hellcats]

One of the things the GOP will do is eliminate individual state insurance commissions and have one set of rules and qualification criteria across all states. This is one area where federalization makes sense. Its too expensive to 50 regulating agencies.

 

The thing that kills ACA is that the penalty for healthy people not having health insurance is just not significant enough to modify behaviour.

 

Agreed but I thought many on the right found this one of the most offensive parts of the ACA.

[Clyde]

Rep Chris Collins (D-NY) says there will be changes in 2017 nor 2018.

 

Conflicting comments about when budget reconcilation to defund some of the ACA items will happen.