Wednesday, 26 July 2017

Republicans quickly reject their own revised bill


Yesterday, Senators voted for debate, not passage.  Once they agreed to debate the first thing the Republicans did was quickly reject their own revised bill,  the Better Care Reconciliation Act, once their leading proposal for repealing and replacing Obamacare.

The Senate rejected the bill, 43 to 57, despite having added a provision from  Sen. Ted Cruz (R-Texas) favored by conservatives and another from Sen. Rob Portman (R-Ohio) to court centrists worried about Medicaid cuts.

The Cruz provision allowed insurers to offer several plan types including cheaper plans that cover smaller ranges of benefits as long as that state offers one plan that has the broad coverage required by Obamacare


The Portman provision, the Medicaid wraparound, provides $200 billion dollars of support to states whose Senators were concerned about cuts to their Medicaid programs.  The incentive of $200 billion for their states was not enough. Of the 57 votes against, 9 were Republicans.




Minda Wilson

Tuesday, 25 July 2017

its bad and know it will negatively impact Americans.

 "It's a sad day when..."

It's a sad day when your Senator votes yes for a healthcare bill even though they know its bad and know it will negatively impact Americans.  The Senators feel they have to vote yes in order to meet their promise to advance the ball on repeal and replace.


"Even Senator McCain, a man who is dying of metastatic brain cancer, who has nothing to lose, voted yes for debate, even though he is not behind the bill as it stands.  Remember, the Senators  voted yes for debate, not passage."







They did it because voting no would mean that they are 
"telling America that they are fine with Obamacare".





Thursday, 20 July 2017

Longer wait times to see a doctor, dramatic increases in the cost of insurance

"The Party’s Over"

With the death of the current incarnation of the Republican plan, we have to take a minute to consider what will continue to happen if nothing is done to repeal and replace or revise Obamacare.

The good news is that the expansion of Medicaid will continue and the federal government will continue to subsidize the states that cover those eligible for the expansion who apply.



This has had significant benefits by making working poor eligible for healthcare benefits.  In states like West Virginia, workers that are now covered have seen their wages increase, their children’s attendance at school increase and their use of the emergency rooms for medical treatments has significantly declined.  




That is where the good news ends.

In a large number of countries and in some states, there will be no carriers writing policies for coverage in the individual market.  That means that people who live in those counties/states will not be able to purchase health insurance of any type; and, the, in addition, they will be penalized for not buying insurance that is absolutely unavailable to them in any form.

For those that can purchase health insurance, including businesses, rates are expected to increase at least 20% for coverage next year.   Many companies are struggling to pay current premiums.  In certain states, including Texas, Connecticut, Maryland and Virginia, carriers have asked for premium increases in excess of than 50%.  A business that is struggling will be forced to drop their healthcare coverage.   If your business bought coverage and can no longer afford it, your employees may or may not be able to get coverage of their own, depending on where you live.

Co-pays will no longer be considered part of your co-insurance payments and, as such, may not count toward your deductible.  With individual deductibles on the increase from $2500 to as much as $5000, you might be surprised to learn that your co-payment will no longer count against your deductible.  This means that only co-insurance payments will apply.  Co-pays range from $45 to $115 per visit, depending upon the doctor.  Most plans now require a co-payment for all doctor visits and, in addition, you will be responsible for a co-insurance payment.  If you are on a 70-30 plan,  in addition to your co-payment you will be responsible for paying 30% of the amount billed to your insurance company.  This means that after you pay your co-pay, and the doctor bills the insurance company for the visit if the bill is $100 you will owe another $30 on top of your co-pay.  You now have to pay $75 for your visit, but only $30 counts towards your deductible.

The exchanges will continue to be funded by the government.  The exchanges duplicate 100% of the functionality provided by insurance company web sites. Since the taxpayers already paid for the cost of developing these insurance company sites, every year we support the exchanges we are paying again for something we already paid for.

The 5 million, plus, illegals that currently get healthcare paid for by the government will continue to receive this healthcare.  A number of subsidies paid will continue to be above and beyond what is really called for.  The Obama administration did not implement the electronic verification of citizenship nor did they implement the electronic verification of income.  Income and citizenship are input on the honors system.  We simply take your word.   Because all verifications are essentially done manually, if you claimed you were a citizen and you aren’t or you claimed an income below what you actually earned, you get the benefits you asked for.  Too bad for the tax payer!

Networks are going to get narrower.  It will get harder and harder to see a doctor.  Almost one-quarter of doctors are over 64, retirement or frustration will end their medical careers.  Since 2013, the year Obamacare went into effect, in addition to the loss of doctors due to changing careers or retiring, approximately 10% of doctors each year opt out and accept only cash.  This is especially true in the large cities and applies more specifically to professionals with excellent reputations who are tops in their fields.   These guys are so good, they can command any price, and people are willing to pay it. Why should they accept insurance when the reimbursement rates offered don’t cover the cost of doing business.

New doctors are not going into private practice; they are becoming part of large hospital systems and thus only take on patients that their hospital system will treat.  If your provider doesn’t have a contract with a big research facility and you have something that requires the sophisticated treatment such facilities can offer, you are out of luck unless you can pay for it.

The bottom line is this, the trends that started with the Affordable Care Act, less access to care, longer wait times to see a doctor, dramatic increases in the cost of insurance and even more dramatic increases in the out of pocket cost of care, will continue unless something is done.














Minda Wilson



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Monday, 17 July 2017

Why is solving the healthcare crisis so hard

What the Heck is Going On?

It looks like the Senate has decided to stay in town while they try to put together a healthcare bill. I am sure their efforts are appreciated; but, it still seems that the focus of their efforts is not on helping American’s procure affordable health insurance.





Cutting entitlement program reimbursements to the states and providing money and tax incentives for insurance companies and their high net worth, high earning executives seems to be the Senate Republican’s solution to the healthcare problem.


Even if they maintain the capital gains taxes enacted under the Affordable Care Act, the current plan will still call for money and tax benefits specifically for insurance companies and their employees who earn more than $500,000.


This makes no sense. The promise, first by the Obama administration and now by the Trump administration, was affordability.  The solution is simple.  Catastrophic coverage coupled with the ability to put money away for future care in Health Savings Accounts.

Why can Christian Gifting Programs provide catastrophic coverage for their participants, which include more than a million Americans for less than $200 per month per person?  Under these plans, 100% of the cost of care for a catastrophic illness is paid after the first $500 is paid out of pocket.  If this coverage can be provided for approximately 1 million Americans at this cost, why can’t our government do the same?

In California, a Bronze HMO plan, the cheapest plan offered in California, costs $289.56 per month and has a $6300 deductible.   After you play your deductible, co-pays are $75 for your primary care doctor, $105 to see a specialist. In addition, you have a co-pays for tests, diagnostic exams, etc.  You are fully responsible for all bills if you go out of network and, if for some reason you become ill while you are not in California, only the initial ER care will be covered.  You will be fully responsible for any follow up or any other type of care.  This also does not include any co-insurance payments you might be responsible for.

When you compare, if you have a catastrophic event, you will have paid almost $100 more for your insurance, you will have paid out of pocket $6300 vs. $500 AND, you will be on the hook for any co-pays and co-insurance payments required.   Affordable?

Also, if we look at the difference in cost to the taxpayers between providing the HMO plan or the catastrophic plan for the 23 million people who are about to lose their insurance,

In addition to the more than $6000 each individual would save, we are also looking at a savings of about $27 billion dollars in savings in premium costs.

Enacting such a plan will result in no new taxes, will save the government billions of dollars in subsidies, will result in broader coverage and broader networks, and make healthcare affordable.  


So ask yourself this, 
"Why is solving the healthcare crisis so hard?"



Minda Wilson



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