Lake Erie Conservative

thoughtful discussion(s) about issue(s)

Posts Tagged ‘Financial Services’

… there will be a Bailout of Insurance Companies …

Posted by paulfromwloh on Thursday,December 26th,2013

.. and it will burn the DemoCraps badly ..

.. you may wonder : how ? and why ? It is already written into the ObamaCrapCare bill . The feature in question is what is called ” risk corridors . ” Basically , if the insurance companies take on excessive amounts of risk , they will be compensated for it . It is in the law , already .

.. [h/t — http://DailyCaller.com%5D
.. [link] to the article and video clip …

.. Boy , does that stink . The insurers got into bed with the ObamaCraps on this bill , and got a provision like this placed into the bill . it covers their financial backsides , so that they will not lose excessive amounts of money . They may not make much , though , but they will not lose their shirts , either . What is worse is that the C.B.O. ” scored ” this feature as having no net financial effect on the bill . Are you kidding ?

.. It will not have a net effect on the insurers . They will be contractually covered for any losses outside certain ” boundaries , ” or the ” risk corridors . ” Guess who it will screw , and badly ? Yep , the taxpayer , and Big Time ! Nice one , DemoCraps . You have given more ” bulletin board ” material to the G.O.P. . Duuuh !

.. the Insurance business does not come without risk . It is the way the thing operates . Well , it is the way it is supposed to operate . If an insurer misprices its risks , or does not invest its premiums well enough to smooth things out , well …. . It is supposed to go out of business , or at least go bankrupt , so someone else can take over its market and business . Those idiots got into bed with His Lordship and the rest of the Dems , so that they could protect themselves . Now , they look like a bunch of ” errand boys ” for POTUS and for H.H.S. . See what happens .

.. Those dummies may end up losing their shirts , anyway . Serves them right !

.. It may not have much effect at first , at least in 2014 . It will in 2015 , and become an anchor around the necks of the Dems in the 2016 Presidential campaign . An expensive one , at that …

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… Fibaroni [ObamaCrapCare – related] …

Posted by paulfromwloh on Friday,December 20th,2013

.. the ObamaCraps propagated the Big Lie on your doctor , your insurance , and your medicine . Back in 2010 , they knew very well that millions of people were going to lose their insurance ….

.. [h/t — http://www.theGatewayPundit.com]

.. [link] to the videos ..

.. then they proceeded to repeat the lie , over and over again ..

.. In the coming year [2014] , it will get worse . Much worse . The business market is going to subject to the same problems that that the indivdual health insurance market is going through , now . The requirements of ObamaCrapCare [the essential benefits packages , the regulations , the med loss ratio invasion , among many] are going to make what is going on this fall look like a garden party , by comparison . Guess What is also coming up ?

.. the 2014 Congressional midterm elections . The economy is not in the best of shape , the job market sucks , inflation could well take off , and the federales are monkeying around with people ‘ s health care — just in time for the Midterms . The DemoCraps are running scared , especially in districts and states that are at least decently competitive .

.. It will help the GOP to gain seats in the House of Representatives . How many , God knows . The Senate is in play , though . 3 to 4 seats , net , are likely to flip to the GOP , meaning the Republicans need at least 3 more seats (net) to take over the Senate . The way things are going , it could be a whole lot more than that …

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… Mme Secretary , It is Not How Insurance Works …

Posted by paulfromwloh on Sunday,December 15th,2013

.. you do not get insurance until the policy premium is paid . Insurance companies are not charities . They do not give out health insurance coverage for free [article] …

… Sebelius and her cronies keep on re – writing the rules . Especially the ones that are written in law , or that are established in administrative rules . She is misusing the sheer size  and influence of her cabinet department to misconstrue and abuse the law . Congress should call her on the carpet , and the insurers should hold H.H.S. to the spirit and letter of the ObamaCrapCare law …

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… What Happens when You are Out …

Posted by paulfromwloh on Monday,November 4th,2013

.. you miss out on things .

.. Such as ObamaCrapCare .

.. the disastrous , botched , butchered , [f-ed] up launch of healthcare.gov ..

.. and , for those who make it through to the site to search for insurance policies , S – T – I – C – K – E – R – – S – H – O – C – K ! . Nice going , ObamaCraps , you could not have made a bigger botch of this ….

.. Well , maybe I was wrong .

.. It was worse . The blaming of the insurance companies is pathetic , and easily parried . These idiots were forced to change these policies because of the new mandates promulgated by CMMS and HHS . That is why also it is next to impossible to “grandfather” their current policies . If there is even the slightest “change,” then out goes the “grandfather” clause …

.. Nice going , Dummies !! …

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