Showing posts with label Insurance. Show all posts
Showing posts with label Insurance. Show all posts

Tuesday, October 18, 2016

Leaving Obamacare helps company growth

Now that the UnitedHealth Group pulled out of the Obamacare insurance debacle, their earnings forecast has been boosted substantially. 

They are the largest US health insurer and health benefits manager, and led the Dow Jones Industrial Average to a 6 percent increase on its third quarter earnings--and the 2017 forecast is looking good.

The company made gains across all facets of the business, with gains in employer-based health programs and those run through Medicaid and Medicare government programs.

"Our growth indicators are positive as we conclude 2016, and we expect to be well positioned in 2017 to better serve consumers and deliver more value to the health system overall," chief executive Stephen Hemsley said.

So leaving Obamacare is a good thing.


Tuesday, December 3, 2013

Uh Oh ObamaCare

You can't swing a Democratic donkey by the tail without hitting an ObamaCare problem. The problems effect the public as well as the king. Now the king wants the people to come up with our ideas to help him with ObamaCare. Does he want our input so he can blame us for its failure like he blames the Republicans for magically screwing up the website? If the GOP actually had the powers needed to remotely screw up the ObamaCare website, Obama would have never been elected in the first place. So what are some of the problems with ObamaCare?

First and foremost, Obama lied. I don't care how the New York Times tries to spin it with: "he misspoke," "he told an untruth," "he was factually incorrect," "he didn't mean it that way," he deliberately lied to the American public because he knew that many many people would not be able to keep their doctors, period, nor would they be able to keep their healthcare plans, period. He freaking lied. People do not trust him. That's not good for the Democrats.

Second, the number of insurance company options available are anemic. There are so few choices and you can't even shop for choices until you've actually given your personal information and have signed up.

Third, speaking about giving your personal information is extremely risky, according to the four "white hat hackers" who testified to congress about this issue. Not one of them when asked, said he would be willing to put his personal information online at Healthcare.gov. Why should we?

Fourth, ObamaCare is acting almost like a shill for Medicaid. Millions of people are being enrolled from the site. One man, a retired owner of a $5 million home, was told that in order to enroll, he would have to do so with Medicaid as his provider. If you know anything about Medicaid, the quality of care is horrible.

Fifth, ObamaCare has negative incentive for upward mobility. If you get a raise, you pay more. If you get married, you pay more. If you are a small business owner and want to expand, there's a disincentive to hire more than 29 people.

Sixth, ObamaCare favors the secular sector and disrespects the beliefs of the religious sector. This has fast become a trend in America and it's a disgraceful trend. The group Freedom from Religion is the biggest perpetrator of attacking religious values, and Obama seems to be a big fan. One can only wonder what the outcome would be if Islam was staunchly against birth control and abortion, and that included shops that sold Islamic items. I suspect the secular left would do as much to ensure that they would be forced to provide employees of, say, an Islamic book store with Sandra Fluke condoms, as they are willing to stop a stoning of women.

Finally, business owners will tend to hire people part time in order to avoid having to pay for healthcare. It would be poor business sense to do otherwise.

It's obvious that when a website is put together in the private sector, like the ObamaCare website was, heads would roll like a bowling alley on Saturday night. But more than this, there is more to ObamaCare than just the website that sucks. What should be obvious is that a government that has over 3 years and more than $600 million to put a website together puts out what we have seen, you can be certain that the rest of the planning will be similarly suck-worthy. 

President Obama has gone on the offense today, (which means he's offensive, as usual), but now he pledges this law will not be abolished while he still is president. I say "let it burn." Let people sign up; let it go into effect; and let people judge whatever it turns out to be. I suspect it will turn out to be exactly what the Obama administration supports: an abortion.


My latest novel, Jihad Joe, is about Islamic terrorism and suspense.  In it I challenge the precepts of the religion through my protagonist, Zed Nill, a journalist, captured by terrorists and who is destined to be killed if the American President refuses to release three Gitmo prisoners.  Of course, American policy demands we never give in to terrorists, and for Zed, the clock is ticking.
                    





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