Also, as Leslie Moran said at the end of the article, the State of NY can’t withdraw from existing contracts. Whether or not that can be used to defeat the Cuomo ‘Mandate’ in court, under a claim of violation of equal protection, (or another legal issue?), is yet to be seen.
If Cuomo succeeds, what will the impact be on NY’s citizens? Will pro-freedom of choice firms, people leave NY?
Hi FFA. Haven’t heard from you in a while. Hope everything is all right with you. Interesting that a liberal Democrat from dysfunctional NY still is hoping against hope that Obamacare will survive in this country. I guess he has still not heard of the disaster on rate hikes and carriers leaving exchanges. Aetna is the latest example. Hello Democrats, anyone home?
The ACA death spiral continues and Commie-kaze (sic) Cuomo wants everyone in NY to stay in their seats instead of putting on a parachute and exiting. Is a state-run health insurer in his long term plan after the market fails and no New Yorker has coverage?
Since there are no national stories / articles on ACA lately, this comment page is the best place to post the FACTS about CBO’s wildly erroneous ESTIMATES that I’ve asked Ron, UW, Confused, and others to post for almost two months…
With best efforts, the CBO report is elusive in its prediction of outcomes. Just take the CBO’s word for it. On page 32, the CBO report states: “estimates are inherently uncertain because the ways in which federal agencies, states, insurers, employers, individuals, doctors, hospitals, and other affected parties would respond to the changes made by the legislation are all difficult to predict.”
and…
The CBO estimated 23 million people would enroll in the ObamaCare exchanges by 2016. The actual number was around 10 million.
· The CBO predicted 4 million people would enroll in an ObamaCare small business program. The actual number is 233,000.
· The CBO claimed the ObamaCare risk corridor program would result in a profit of $8 billion for the government. The program ended up with a multibillion dollar deficit because ObamaCare was never actuarially sound.
· The CBO projected Medicaid expansion would cost $42 billion. The actual cost was $68 billion.
These facts speak for themselves and beg for a reality check.
Circumvention of this proposed rule is simple; set up a new licensed insurance company to write standard and preferred business as was customarily done before ACA. Retain the current ACA service insurance company to comply with the new law. Let consumers decide which policy they want to buy…. a standard/preferred policy or a sub-standard ACA policy.
Einstein: insanity is repeating a failed action, hoping for a different outcome.
Also, as Leslie Moran said at the end of the article, the State of NY can’t withdraw from existing contracts. Whether or not that can be used to defeat the Cuomo ‘Mandate’ in court, under a claim of violation of equal protection, (or another legal issue?), is yet to be seen.
If Cuomo succeeds, what will the impact be on NY’s citizens? Will pro-freedom of choice firms, people leave NY?
Yes, to Kansas, just like they have been fleeing NY and CA for decades. You know it’s true because their economies are so bad and Kansas’ is great.
You typo-ed; you’re missing a ‘c’ in ‘fleeing’.
Dufas.
Hi FFA. Haven’t heard from you in a while. Hope everything is all right with you. Interesting that a liberal Democrat from dysfunctional NY still is hoping against hope that Obamacare will survive in this country. I guess he has still not heard of the disaster on rate hikes and carriers leaving exchanges. Aetna is the latest example. Hello Democrats, anyone home?
The ACA death spiral continues and Commie-kaze (sic) Cuomo wants everyone in NY to stay in their seats instead of putting on a parachute and exiting. Is a state-run health insurer in his long term plan after the market fails and no New Yorker has coverage?
Since there are no national stories / articles on ACA lately, this comment page is the best place to post the FACTS about CBO’s wildly erroneous ESTIMATES that I’ve asked Ron, UW, Confused, and others to post for almost two months…
http://www.foxnews.com/opinion/2017/06/06/cbo-vs-hhs-guesswork-vs-proven-history-on-harm-obamacare-has-done.html
Best TWO excerpts to sail home on the point about CBO’s political bias:
##################################################################
With best efforts, the CBO report is elusive in its prediction of outcomes. Just take the CBO’s word for it. On page 32, the CBO report states: “estimates are inherently uncertain because the ways in which federal agencies, states, insurers, employers, individuals, doctors, hospitals, and other affected parties would respond to the changes made by the legislation are all difficult to predict.”
and…
The CBO estimated 23 million people would enroll in the ObamaCare exchanges by 2016. The actual number was around 10 million.
· The CBO predicted 4 million people would enroll in an ObamaCare small business program. The actual number is 233,000.
· The CBO claimed the ObamaCare risk corridor program would result in a profit of $8 billion for the government. The program ended up with a multibillion dollar deficit because ObamaCare was never actuarially sound.
· The CBO projected Medicaid expansion would cost $42 billion. The actual cost was $68 billion.
These facts speak for themselves and beg for a reality check.
###################################################################
Circumvention of this proposed rule is simple; set up a new licensed insurance company to write standard and preferred business as was customarily done before ACA. Retain the current ACA service insurance company to comply with the new law. Let consumers decide which policy they want to buy…. a standard/preferred policy or a sub-standard ACA policy.