Sponsored Content




Intermarkets' Privacy Policy
Support


Donate to Ace of Spades HQ!



Recent Entries
Absent Friends
Bandersnatch 2024
GnuBreed 2024
Captain Hate 2023
moon_over_vermont 2023
westminsterdogshow 2023
Ann Wilson(Empire1) 2022
Dave In Texas 2022
Jesse in D.C. 2022
OregonMuse 2022
redc1c4 2021
Tami 2021
Chavez the Hugo 2020
Ibguy 2020
Rickl 2019
Joffen 2014
AoSHQ Writers Group
A site for members of the Horde to post their stories seeking beta readers, editing help, brainstorming, and story ideas. Also to share links to potential publishing outlets, writing help sites, and videos posting tips to get published. Contact OrangeEnt for info:
maildrop62 at proton dot me
Cutting The Cord And Email Security
Moron Meet-Ups

NoVaMoMe 2024: 06/08/2024
Arlington, VA
Details to follow


Texas MoMe 2024: 10/18/2024-10/19/2024 Corsicana,TX
Contact Ben Had for info





















« Megan McArdle: How Marriage Makes You Rich and Stupid | Main | The Human Foible of Believing Oneself Superior to Others Extends Even to... Prisoners »
January 10, 2014

And Here...
We...
Go!: Humana Informs Shareholders That It Will Likely Make Less Money Due to "Adverse" Mix of Healthy and Unhealthy Obamacare Enrollees

It begins.

[I]n a filing with the Securities and Exchange Commission, Humana disclosed to investors, "as a result of the December 2013 federal and state regulatory changes allowing certain individuals to remain in their previously existing off-exchange health plans, the Company now expects the risk mix of members enrolling through the health insurance exchanges to be more adverse than previously expected."

The regulatory change Humana is referring to is the "administrative fix" announced by the Obama administration aimed at allowing individuals to remain enrolled in their current plans, which had been cancelled as a result of requirements imposed by the law. Obama announced the "fix" after a storm of criticism over his broken promise that anybody who liked their plan could keep it. Insurers had been depending on those with cancelled plans (who tend to be healthier) to end up obtaining insurance through exchanges.

Meanwhile, Blue Cross Blue Shield wrote a talking points lobbying memo warning that if Republicans succeed in ending the "risk corridor" bailouts to the insurance industry (which will be massive, due to the "adverse" mix of health and unhealthy enrollees), the result will be the bankrupting of the system -- and the coming of single-payer.

They're saying this to spook us so that we will agree to pay them off and make them whole over the corrupt, and now unprofitable, bargain they struck with Obama.

I say we roll the dice.



digg this
posted by Ace at 05:03 PM

| Access Comments




Recent Comments
garrett: ">>Virgin Rock. I think she's originally German. Sh ..."

Philip: "[i]107 We Baptists can drink alcohol...[/i] Spi ..."

tubal: "111 We Baptists can drink alcohol... Posted by: t ..."

Catch Thirty-Thr33: "There's one Harpist that does those and I can watc ..."

Way, Way Downriver [/i][/b]: "Any truth to the claim that minutes after Trump pa ..."

illiniwek: ""Guilty as hell, free as a bird" Obama's ghost ..."

Diogenes: "We Baptists can drink alcohol... Posted by: tubal ..."

OrangeEnt: "Yeah, I don't get those either. You can tell the " ..."

iHeart Radio: "There’s a podcast about people who give no s ..."

pookysgirl, Rush Baby: "Podcasts are just radio talk shows, with video. ..."

tubal: "We Baptists can drink alcohol... ..."

garrett: "I like the reaction videos done by the Classical M ..."

Recent Entries
Search


Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64