12thMan
10-14-2011, 09:53 PM
Good link, GM. This was a good move. But I wonder what will actually be left for SCOTUS to strike down, if they strike down anything at all?
Seems like Obama is finally getting the politics of how all of this going down. First they fast track the legislation to the Supreme Court, then he pulls the plug on a major part of the law. I say whatever can be done to make it better and less expensive for the taxpayer, I'm all for it.
12thMan
10-14-2011, 10:05 PM
The Long Term Care Market is really a very different animal when it comes to insurance. Basically you have five carriers running the show: New York Life, Mass Mutual, Met Life, Northwestern Mutual, (NYL and NM are one and two), and Guardian.
But even a few of the big five are starting to jump ship and get out of the long-term care business because it's such a tough market to sustain profitability over time. So there's no way the government, with no brokers or agents pushing it's product, could compete with the major insurance carriers and their marketing machines.
Guardian to Leave LTC Insurance Market | LifeHealthPro (http://www.lifehealthpro.com/2011/02/07/guardian-to-leave-ltc-insurance-market)
12thMan
10-15-2011, 01:44 PM
This move was interesting on a few levels. CLASS represented 40% of the overall $210 billion in savings of deficit reduction over the next 10 yrs. Basically you do the math and the numbers change significantly. I wonder if CBO has to re-score the bill and projected savings.
Republicans are planning on having a hearing in the near future to see what took the White House so long to scrap the program. I'm very interested myself to hear the answer to that one.
FRPLG
10-16-2011, 01:50 AM
This move was interesting on a few levels. CLASS represented 40% of the overall $210 billion in savings of deficit reduction over the next 10 yrs. Basically you do the math and the numbers change significantly. I wonder if CBO has to re-score the bill and projected savings.
Republicans are planning on having a hearing in the near future to see what took the White House so long to scrap the program. I'm very interested myself to hear the answer to that one.
The answer is that this bill, with his name attached no less, is generally a pretty crappy bill that got rammed through without enough work and input from all sides (blame game tonight at 11) leading to it being received rather negatively by a majority of the electorate. The ensuing battle over its future coincided with a relatively crappy economic year in which the POTUS has and is currently taking it in the pants popularity-wise. So dismantling parts of his signature bill probably seemed unwise politically until he basically had no choice. I know you know this but I thought maybe I'd save the tax payers some money since apparently the republicans don't already understand it. Otherwise why the hell would they waste the time and money to investigate something that is so obvious? They are equal dunces. If not more.
NC_Skins
10-20-2011, 09:16 AM
I guessing your talking about Obama?
I was referring to ALL of them.
firstdown
02-10-2012, 12:54 PM
So now we have to pick up the tab for a womens birth control and Obama says the insurance companys cannot charge for this coverage. So everyone will pay the bill. I said the same thing about covering Viagra but we wonder why health ins is so F^cking expensive. He is just out buying the womens vote with the timing of this and the women in the military thing he just approved. Next is the black and latino votes he will try to buy.
NBC Politics - Obama revamps contraceptive policy (http://nbcpolitics.msnbc.msn.com/_news/2012/02/10/10371870-obama-revamps-contraceptive-policy)
dmek25
02-10-2012, 01:21 PM
no need for him to do that. no one on the other side has a snow balls chance of getting that vote
12thMan
02-10-2012, 01:22 PM
Who the hell is "we"? This coverage is no different than the plan 28 states currently provide to their employees prior to this law.
Who is "we"?
That Guy
02-10-2012, 04:46 PM
know what's more expensive than birth control? babies that nobody wants. This is only for women working for religious employers that do not believe/cover birth control. Seems like a pretty small set, but if you've got numbers proving otherwise, please do share.
saden1
02-10-2012, 05:06 PM
know what's more expensive than birth control? babies that nobody wants. This is only for women working for religious employers that do not believe/cover birth control. Seems like a pretty small set, but if you've got numbers proving otherwise, please do share.
They want to be afforded the choice of denying choice....how ironic.