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Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
Latest ObamaCare surprise: Most won't be able to buy health insurance until end of year
Posted by:
Obamacare.gov
()
Date: April 08, 2014 11:48PM
Latest ObamaCare surprise: Most won't be able to buy health insurance until end of year
By Jim Angle
Published April 08, 2014
FoxNews.com
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There is yet another ObamaCare surprise waiting for consumers: from now until the next open enrollment at the end of this year, most people will simply not be able to buy any health insurance at all, even outside the exchanges.
"It's all closed down. You cannot buy a policy that is a qualified policy for the purpose of the ACA (the Affordable Care Act) until next year on January 1," says John DiVito, president of Flexbenefit which has 2,500 brokers.
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John Goodman of the National Center for Policy Analysis in Dallas adds, "People are not going to be able to buy individual and family policies, and that's part of ObamaCare. And what makes it so surprising is the whole point of ObamaCare was to encourage people to get insurance, and now the market has been completely closed down for the next seven months."
That means that with few exceptions, tens of millions of people will be locked out of the health insurance market for the rest of this year.
Only about one in four subsidy-eligible people signed up for health insurance," says Robert Laszewski of Health Policy Associates. "That means about 13 million subsidy-eligible people have not yet signed up for health insurance."
Add to that millions more who waited, or thought the policies under ObamaCare were too expensive and decided just to pay the tax penalty.
Although those who failed to buy insurance during the enrollment period could face a government penalty, most will not have to pay that penalty until they do their taxes next year.
“In all likelihood," says Laszewski, "we've only signed up somewhere between one in five and one in seven people who were uninsured prior to the start of ObamaCare."
That means millions are left outside the health insurance market. There is short term insurance, but anyone with a pre-existing condition can be turned down.
The reason sales of health insurance were crammed into short enrollment periods was so insurance companies would have some certainty about who would be in the risk pool, allowing them to set their rates accordingly.
Goodman explains, "they fear that the only people who will try to buy are people who are sick, and they are going to be expensive. So it’s built into the screwy logic of the whole ObamaCare system."
DiVito puts it this way: "So can you imagine that on July 1, an indvidual's walking down the street, they get hit by a car, the ambulance comes and picks them up and inside that ambulance is an insurance salesman selling them a policy. That is exactly what the insurance industry was trying to avoid."
There is one way consumers can still sign up, but only under limited circumstances.
"If you have a qualifying event, a life qualifying event, which means you get married, you get divorced, you get fired from your job" says Goodman. Or you have a child, or lose a spouse or have a change in income.
"It has to be one of those kinds of events,” he adds. “And if you don’t have that, you're not going to be able to buy insurance."
Barring any of those so-called life events, tens of millions will remain uninsured and won't be able to buy health insurance, no matter how hard they try.
http://www.foxnews.com/politics/2014/04/08/latest-obamacare-surprise-most-wont-be-able-to-buy-health-insurance-until-end/
By Jim Angle
Published April 08, 2014
FoxNews.com
Facebook0 Twitter0 Gplus0
There is yet another ObamaCare surprise waiting for consumers: from now until the next open enrollment at the end of this year, most people will simply not be able to buy any health insurance at all, even outside the exchanges.
"It's all closed down. You cannot buy a policy that is a qualified policy for the purpose of the ACA (the Affordable Care Act) until next year on January 1," says John DiVito, president of Flexbenefit which has 2,500 brokers.
ADVERTISEMENT
John Goodman of the National Center for Policy Analysis in Dallas adds, "People are not going to be able to buy individual and family policies, and that's part of ObamaCare. And what makes it so surprising is the whole point of ObamaCare was to encourage people to get insurance, and now the market has been completely closed down for the next seven months."
That means that with few exceptions, tens of millions of people will be locked out of the health insurance market for the rest of this year.
Only about one in four subsidy-eligible people signed up for health insurance," says Robert Laszewski of Health Policy Associates. "That means about 13 million subsidy-eligible people have not yet signed up for health insurance."
Add to that millions more who waited, or thought the policies under ObamaCare were too expensive and decided just to pay the tax penalty.
Although those who failed to buy insurance during the enrollment period could face a government penalty, most will not have to pay that penalty until they do their taxes next year.
“In all likelihood," says Laszewski, "we've only signed up somewhere between one in five and one in seven people who were uninsured prior to the start of ObamaCare."
That means millions are left outside the health insurance market. There is short term insurance, but anyone with a pre-existing condition can be turned down.
The reason sales of health insurance were crammed into short enrollment periods was so insurance companies would have some certainty about who would be in the risk pool, allowing them to set their rates accordingly.
Goodman explains, "they fear that the only people who will try to buy are people who are sick, and they are going to be expensive. So it’s built into the screwy logic of the whole ObamaCare system."
DiVito puts it this way: "So can you imagine that on July 1, an indvidual's walking down the street, they get hit by a car, the ambulance comes and picks them up and inside that ambulance is an insurance salesman selling them a policy. That is exactly what the insurance industry was trying to avoid."
There is one way consumers can still sign up, but only under limited circumstances.
"If you have a qualifying event, a life qualifying event, which means you get married, you get divorced, you get fired from your job" says Goodman. Or you have a child, or lose a spouse or have a change in income.
"It has to be one of those kinds of events,” he adds. “And if you don’t have that, you're not going to be able to buy insurance."
Barring any of those so-called life events, tens of millions will remain uninsured and won't be able to buy health insurance, no matter how hard they try.
http://www.foxnews.com/politics/2014/04/08/latest-obamacare-surprise-most-wont-be-able-to-buy-health-insurance-until-end/
Re: Latest ObamaCare surprise: Most won't be able to buy health insurance until end of year
Posted by:
Whyyyyy
()
Date: April 09, 2014 12:22AM
But Gerry said that Republicans were against people getting insured. Why would the democrats not want people to sign up? Surely his saintly party wouldn't let us down.
Re: Latest ObamaCare surprise: Most won't be able to buy health insurance until end of year
Posted by:
Too Fucking Bad
()
Date: April 09, 2014 12:55AM
God, you people are whiners. If you were stupid enough to ignore the deadline, then tough shit! Even if you have insurance through your employer, you usually have a very finite period in which to sign up.
"DiVito puts it this way: 'So can you imagine that on July 1, an indvidual's walking down the street, they get hit by a car, the ambulance comes and picks them up and inside that ambulance is an insurance salesman selling them a policy. That is exactly what the insurance industry was trying to avoid.'"
What the hell does that mean? No insurance company wants to sell you a policy AFTER you are in a position to incur thousands of dollars in expenses. Duh. And if you played the odds assuming that you were invincible and it turned out you weren't - too damn bad!
What happened to the idea of personal responsibility? Grow up, people!
"DiVito puts it this way: 'So can you imagine that on July 1, an indvidual's walking down the street, they get hit by a car, the ambulance comes and picks them up and inside that ambulance is an insurance salesman selling them a policy. That is exactly what the insurance industry was trying to avoid.'"
What the hell does that mean? No insurance company wants to sell you a policy AFTER you are in a position to incur thousands of dollars in expenses. Duh. And if you played the odds assuming that you were invincible and it turned out you weren't - too damn bad!
What happened to the idea of personal responsibility? Grow up, people!
Re: Latest ObamaCare surprise: Most won't be able to buy health insurance until end of year
Posted by:
Derpy Derpswell
()
Date: April 09, 2014 07:27AM
This is news? Do people not know what the word "deadline" means?
Re: Latest ObamaCare surprise: Most won't be able to buy health insurance until end of year
Posted by:
Foxis4morons
()
Date: April 09, 2014 08:35AM
That is because the INSURANCE COMPANIES want it that way. It was THEIR decision. Do your homework for once instead of swallowing everything Fox tells you.
Re: Latest ObamaCare surprise: Most won't be able to buy health insurance until end of year
Posted by:
WaPo is for idiots
()
Date: April 09, 2014 10:29AM
Cwatididthere?
Oh, a point? I have none. FAUXNEWSNSHIT!!!!11!!!!!!
Oh, a point? I have none. FAUXNEWSNSHIT!!!!11!!!!!!
Re: Latest ObamaCare surprise: Most won't be able to buy health insurance until end of year
Posted by:
repubobstruction
()
Date: April 09, 2014 11:40AM
7.1 million sign ups, LOSERS...SUCK ON THAT and quit your whining.
Re: Latest ObamaCare surprise: Most won't be able to buy health insurance until end of year
Posted by:
Another off topic genius
()
Date: April 09, 2014 11:43AM
Still not seeing how this isn't specifically one GOP troll who keeps posting in the Fairfax section about shit that doesnt pertain. You fuckin douche. NO ONE GIVES A FUCK. After the last election we thought we'd get atleast 2 years before you fuckin tards brought it back. This is the death nail
This site officially now is full of dipshits, everyone back to the gay pile of naked men
Re: Latest ObamaCare surprise: Most won't be able to buy health insurance until end of year
Posted by:
Rand Corp
()
Date: April 09, 2014 01:10PM
repubobstruction Wrote:
-------------------------------------------------------
> 7.1 million sign ups, LOSERS...SUCK ON THAT and
> quit your whining.
Only 36% of which were uninsured previously.
A study released Tuesday by the non-profit RAND Corporation found that only 3.9 million people have enrolled in the Obamacare exchanges--a much smaller number than the 7 million sign-ups touted by the Obama administration:
"By our estimate, 3.9 million people are now covered through the state and federal marketplaces. This number is lower than current estimates of marketplace enrollment through the end of March from the Department of Health and Human Services (DHHS), perhaps because some of the [Health Reform Opinion Study] data were collected in early March. All HROS data collection reported here ended on March 28, and therefore missed the last three days of the open enrollment period, during which time there was a surge in enrollment."
The study also found that people gaining employer-provided insurance was the biggest reason why the uninsured rate has dropped in recent months:
"Of those who were previously uninsured but are now insured, 7.2 million gained [employer-sponsored insurance], 3.6 million are now covered by Medicaid, 1.4 million signed up through the marketplaces, and the remainder gained coverage through other sources."
If the 1.4 million figure is correct, that means that less than 0.5 percent of the U.S. population gained insurance through the Obamacare exchanges.
-------------------------------------------------------
> 7.1 million sign ups, LOSERS...SUCK ON THAT and
> quit your whining.
Only 36% of which were uninsured previously.
A study released Tuesday by the non-profit RAND Corporation found that only 3.9 million people have enrolled in the Obamacare exchanges--a much smaller number than the 7 million sign-ups touted by the Obama administration:
"By our estimate, 3.9 million people are now covered through the state and federal marketplaces. This number is lower than current estimates of marketplace enrollment through the end of March from the Department of Health and Human Services (DHHS), perhaps because some of the [Health Reform Opinion Study] data were collected in early March. All HROS data collection reported here ended on March 28, and therefore missed the last three days of the open enrollment period, during which time there was a surge in enrollment."
The study also found that people gaining employer-provided insurance was the biggest reason why the uninsured rate has dropped in recent months:
"Of those who were previously uninsured but are now insured, 7.2 million gained [employer-sponsored insurance], 3.6 million are now covered by Medicaid, 1.4 million signed up through the marketplaces, and the remainder gained coverage through other sources."
If the 1.4 million figure is correct, that means that less than 0.5 percent of the U.S. population gained insurance through the Obamacare exchanges.
Re: Latest ObamaCare surprise: Most won't be able to buy health insurance until end of year
Posted by:
Gigip
()
Date: February 08, 2024 05:00AM
What are the fundamental principles of health insurance, and how does it provide financial protection against medical expenses?
Re: Latest ObamaCare surprise: Most won't be able to buy health insurance until end of year
Posted by:
Haileyy
()
Date: February 08, 2024 05:00AM
Health insurance serves as a financial safety net, shielding individuals and families from the potentially crippling costs of medical care. By pooling resources, assessing risks, and promoting responsible healthcare practices, health insurance plays a crucial role in ensuring access to essential medical services while mitigating the financial risks associated with illness and injury. If you're looking to delve deeper into the basics of health insurance, you can check out this resource. Health insurance also typically includes a network of healthcare providers with whom the insurer has negotiated discounted rates. This network helps to control costs and ensures that individuals have access to quality care within a reasonable budget. Additionally, many health insurance plans offer preventative care services at little to no cost to the insured, aiming to promote overall wellness and mitigate the need for more expensive treatments down the line.
