The Cost of Repealing Obama Care

"insurers in state would no longer be required to spend at least 80 to 85 percent of premium dollars on health care rather than CEO salaries, bonuses, and corporate profits."

The whole reason this is being fought in the first place. At the end of the day, the reform, while not even close to perfect, is good for consumers and bad for insurance carriers, and the carriers have the lawyers and the money.
 
In addition, repealing the law would add at least a trillion dollars to the deficit, which America cannot afford, nor do we want to pass that debt to our children and grandchildren.

Who makes this stuff up? Sounds like a Nancy Pelosi'ism.
 
"insurers in state would no longer be required to spend at least 80 to 85 percent of premium dollars on health care rather than CEO salaries, bonuses, and corporate profits."

The whole reason this is being fought in the first place. At the end of the day, the reform, while not even close to perfect, is good for consumers and bad for insurance carriers, and the carriers have the lawyers and the money.


You must be an OBAMA spy. Not one agent on this forum will agree with your statement.

This reform, yet not fully implemented is already having a non-competitive effect in the marketplace, especially with the 80-85% loss payout rule.

Aetna, you would agree, is a large insurer and has pulled out of the State of Indiana for individual Health. Indiana, regarded as one of the most insurer friendly States did nothing to get Aetna to leave it's market. But as a Company with very few individual insurance plans in that State (low market share) could not justify the cost in selling there because they could not offset the cost of doing business without a higher profit margin.

This eliminated one player for a competitive product and will trickle down like this in all States till there is only a couple companies left selling in each State.

KILLING ANY COMPETITITVE MARKET. I don't know what you are smoking but monopolies and anti-competitive markets are never good for the consumer.
 
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