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Congress doesn't understand how the affordable care act works. Neither does the CBO who keeps revising the numbers. But you do. lol
It's not too complicated, nor is understanding the CBO analysis, unless one does not want to. It doesn't help, when there are many intentionally misleading and lying to those who don't choose to find out what the ACA does do and is planned to do. So, stay uninformed, if that is your desire.
Another poster that didn't bother to actually read the CBO report or understand how the Affordable Care Act works.
We could only dream of the day when health care insurance was a public service -- the way it is in nearly every other western country -- with better medical results and 1/2 the cost.
True or False: The costs involved with adding millions of people to each state's Medicaid program was fully included in the ACA.
Congress doesn't understand how the affordable care act works. Neither does the CBO who keeps revising the numbers. But you do. lol
Projections get clearer as one gets closer to actual. That goes with everything. But if you claim the CBO doesn't understand the ACA that opens the door to questioning that maybe your negativity toward it is based in lack of knowledge too. After all, if the CBO doesn't unerstand it, what chance to you have?
Quote:
Originally Posted by whatyousay
True or False: The costs involved with adding millions of people to each state's Medicaid program was fully included in the ACA.
I'm not sure why you bolded "fully," as if there is some kind of gotcha there, but the ACA does hold down costs and I am sure the calculations include every conceivable costs.
What is somewhat hypocritical is that those in Congress who want to end Medicaid as we know it and replace it with a block grant are the ones complaining about underfunding Medicaid under the ACA.
The ACA does bring down overall costs. The most important in my mind is the 80/20 provision -- if insurance companies don’t spend at least 80 percent of your premium dollar on medical care and quality improvements rather than advertising, overhead and bonuses for executives, they will have to provide you a rebate.
Another is the provision that in every State insurance companies are required to publicly justify their actions if they want to raise rates by 10 percent or more.
By using the word "fully" you are trying to lure me into accounting for every penny.
The problems Medicare and Medicaid face is the same problem private medical insurance faces, medical costs that rise faster than inflation. The ACA slows rises in medical costs and therefore aides Medicare and Medicaid in the process.
I wasn't privy to the meetings where the CBO determined costs, but I am certain that those professionals are thorough.
If you have a point, simply state it without the subterfuge.
By using the word "fully" you are trying to lure me into accounting for every penny.
The problems Medicare and Medicaid face is the same problem private medical insurance faces, medical costs that rise faster than inflation. The ACA slows rises in medical costs and therefore aides Medicare and Medicaid in the process.
I wasn't privy to the meetings where the CBO determined costs, but I am certain that those professionals are thorough.
If you have a point, simply state it without the subterfuge.
I'm not trying to lure you into anything. The feds are pitching in towards some of the upfront initials costs, but after that, the states are on their own. This is an unfunded mandate on the states. The federal government says you WILL add millions onto your state medicaid roles, but we're only going to nominally help with the start up costs. The ongoing costs of insuring those millions will be on the back's of the state budgets which are already hurting. Those ongoing costs aren't included in any CBO estimate because they affect state budgets, not the federal budget. Get it?
The ACA slows rises in medical costs and therefore aides Medicare and Medicaid in the process.
How does it slow the rise in medical costs? And I'm not talking about capping costs either. Do you know what the average profit margin is of a health insurance company? You act as if it's in the double digits.
How does it slow the rise in medical costs? And I'm not talking about capping costs either. Do you know what the average profit margin is of a health insurance company? You act as if it's in the double digits.
Right, I'm going to read a 30,000 page document written in legalese. Have YOU read it in its entirety? I assume by your smug comment that you must have. I've read analyses of it and can't find how it will lower costs. Perhaps you can bestow upon us your vast knowledge and explain?
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