Moda is withdrawing from the Oregon insurance market

[dviss1]

Nice try, but ACA is the Democrats' turd and they get to own it into perpetuity.

The ACA was Bob Dole's response to Hillarycare. It was written by the heritage foundation and first passed by a Republican governor.

 

[dviss1]

I just read something the other day about United HealthCare and their increasing costs allegedly due to OC is ridiculous.

UHC are raising rates because they're assholes not because of Obamacare. Rates have been raising due to inflation for decades. If you don't like their rates now fire them and shop for a new plan. It's literally that easy now (thanks Obama).

 

[dviss1]

Of course, the requirement that people purchase health insurance also passed the Supreme Court.

I can just imagine the outcry if somebody like Cruz were to win the Presidency and the Republicans passed a bill requiring all Americans to purchase a gun in the name of national defense/civil defense. It gets passed in both houses without a single democrat voting for it and signed into law by a Republican president.

Imagine the outcry among democrats if such were to happen. Republicans could just reply "We were following your example". I fear what could happen in the future with Executive Actions as future presidents follow the example of Obama in executing far-reaching executive actions.

Unfortunately, I don't envision the political landscape getting any better anytime soon. The leading candidates for both parties are too partisan for the other side to take.

George Washington passed that very law in 1792.

#knowyourhistory
#beentheredonethat

 

[GrandpaBlaze]

George Washington passed that very law in 1792.

#knowyourhistory
#beentheredonethat

Obviously I don't know my history and unlike you, I wasn't there to have "beentheredonethat".

 

[dviss1]

Obviously I don't know my history and unlike you, I wasn't there to have "beentheredonethat".

Our country has been there done that. Lol.

 

[Denny Crane]

In with ACA, out with Moda.

Rhetoric won't change what happened in reality.

 

[Eastoff]

Our country has been there done that. Lol.

Don't believe this time travelers lies!

 

[BlazerDuckSeahawkFan94]

I for one welcome the McMenamins Madhouse

 

[dviss1]

In with ACA, out with Moda.

Rhetoric won't change what happened in reality.

In with the ACA out with the term preexisting condition.

This is a fun game!

 

[Denny Crane]

In with the ACA out with the term preexisting condition.

This is a fun game!

Didn't need ACA for that.

 

[dviss1]

Didn't need ACA for that.

The ACA did it though. At a time when Republicans wanted nothing. No changes whatsoever. You'll never be be able to change that.

 

[Denny Crane]

The ACA did it though. At a time when Republicans wanted nothing. No changes whatsoever. You'll never be be able to change that.

If you like your doctor, you get to keep your doctor.
If you like your insurance, you get to keep your insurance.
We were lied into ACA.

http://www.speaker.gov/general/bett...ing-conditions-have-access-quality-affordable

GOP Leader: "We enhance those [Universal Access Programs] ... so that people with pre-existing conditions can get high-quality, affordable insurance."

 

[e_blazer]

Obamacare has nothing to do with this...

Of course it did. The ACA was based upon the notion that requiring young, healthy Americans to buy insurance would make it possible to provide coverage to older, less healthy folks and people with pre-existing conditions at an affordable rate. Young people are simply opting not to do so in numbers that would make it feasible for the plan to work. They'd rather pay the fine than the premiums. Additionally, the ACA had built into it "risk corridor payments" where companies that assumed an unprofitable share of risk due to taking in more older and less healthy clients were supposed to receive payments from companies that were profitable. In 2014, there were very few companies in that situation due to higher costs and less premiums from healthy people. As a result, instead of $90 million coming to Moda from that program, they received only $11 million. In short, the ACA was built as a house of cards and the ones at the base aren't holding up the structure. It's going to come crashing down unless Congress does something to shore it up. That something will no doubt be very expensive and very unpopular.

 

[SlyPokerDog]

Of course it did. The ACA was based upon the notion that requiring young, healthy Americans to buy insurance would make it possible to provide coverage to older, less healthy folks and people with pre-existing conditions at an affordable rate. Young people are simply opting not to do so in numbers that would make it feasible for the plan to work. They'd rather pay the fine than the premiums. Additionally, the ACA had built into it "risk corridor payments" where companies that assumed an unprofitable share of risk due to taking in more older and less healthy clients were supposed to receive payments from companies that were profitable. In 2014, there were very few companies in that situation due to higher costs and less premiums from healthy people. As a result, instead of $90 million coming to Moda from that program, they received only $11 million. In short, the ACA was built as a house of cards and the ones at the base aren't holding up the structure. It's going to come crashing down unless Congress does something to shore it up. That something will no doubt be very expensive and very unpopular.

It is cracking me up that for someone who knows so much about all of this you still stuck with Moda as your health insurance provider. There has been a ton of warning in the news for over a year that Moda has been in trouble.

 

[MarAzul]

Well that completes the cycle. My wife and I have been trying to sort out with Moda our insurance for 2016. It ain't working.
Now I see why. Shit, now we have none.

 

[e_blazer]

It is cracking me up that for someone who knows so much about all of this you still stuck with Moda as your health insurance provider. There has been a ton of warning in the news for over a year that Moda has been in trouble.

You crack up easily.

Like most ninnies, I didn't know much of anything until the Titanic hit the iceberg. I've been doing a lot of reading since then. I stuck with Moda because they were one of the few that would actually let me keep my doctor of 35 years. Dumb decision. Now Moda's going under and I just got word that my doctor is having to retire due to medical issues. Oh, the irony.

 

[e_blazer]

Well that completes the cycle. My wife and I have been trying to sort out with Moda our insurance for 2016. It ain't working.
Now I see why. Shit, now we have none.

I called the State Department of Consumer and Business Services today to find out what's happening to those of us with existing Moda plans. They said that we're still covered and that the State would be paying any claims until this is sorted out. We may end up having our plan sold or given by Moda to another company or we may have to go back into the exchange and pick a new plan. It's up in the air for now.

 

[MarAzul]

I called the State Department of Consumer and Business Services today to find out what's happening to those of us with existing Moda plans. They said that we're still covered and that the State would be paying any claims until this is sorted out. We may end up having our plan sold or given by Moda to another company or we may have to go back into the exchange and pick a new plan. It's up in the air for now.

Thanks for the heads up.

 

[PDXFonz]

The Barfo Center - for kids who can't play good, and want to learn to do other things good too.

 

[TBpup]

This is a fascinating discussion especially given that I'm in the Financial industry and help provide group benefits for individuals, small groups, closely held companies etc. If someone or someone you know needs questions asked, I'm happy to help. There are a lot of hoops to jump through at times and a lot of information and mis-information out there.

Don't get me started with the political aspect of it all...

 

[handiman]

They have a CEO who is incompetent being paid $12mill a year, a $25mill ad campaign for a needless name change and I have no idea what they paid for the Moda naming rights. They're failing because they are a horribly run company.

Man, I was just saying last week how it's the worst bang-for-the-buck branding ever, because the arena will always be referred to as "The Rose Garden, I mean, the Moda Center." That's if people even correct themselves.

 

[SlyPokerDog]

If someone or someone you know needs questions asked, I'm happy to help.

I've been getting this odd stabbing pain in my knee lately.

 

[e_blazer]

This is a fascinating discussion especially given that I'm in the Financial industry and help provide group benefits for individuals, small groups, closely held companies etc. If someone or someone you know needs questions asked, I'm happy to help. There are a lot of hoops to jump through at times and a lot of information and mis-information out there.

Don't get me started with the political aspect of it all...

Oh sure, you're still pissed at me about not supporting the Blazers tanking this season.

 

[Denny Crane]

This is a fascinating discussion especially given that I'm in the Financial industry and help provide group benefits for individuals, small groups, closely held companies etc. If someone or someone you know needs questions asked, I'm happy to help. There are a lot of hoops to jump through at times and a lot of information and mis-information out there.

Don't get me started with the political aspect of it all...

Can I keep my doctor?

 

[BlazerDuckSeahawkFan94]

I've been getting this odd stabbing pain in my knee lately.

Is there an arrow going through it?

 

[Charcoal Filtered]

With the track record of companies that sponsor arenas/stadiums, I would think investors would downgrade any company that is not established that does it.

 

[riverman]

Should contact George Lucas and turn the M into a Y making it the Yoda Center...Star Wars supported for eternity...Comicon Central

 

[Denny Crane]

Moda isn't alone.

http://www.slate.com/articles/news_...taining_heavy_losses_is_obamacare_doomed.html

Is Obamacare in trouble? This week, UnitedHealth Group, America’s largest health insurer, announced that it had sustained heavy losses in selling insurance on the Obamacare exchanges and that it might be forced to pull out of the exchanges altogether. The news from other insurers is not much better. Aetna, Anthem, and Cigna, three of UnitedHealth’s biggest competitors, will no longer offerexchange coverage in a number of counties across the country, which could be a sign that they’ll retrench even further in the future. You might have heard that insurance premiums on the exchanges are rising substantially, which isn’t exactly welcome news. But the bigger problem is arguably that insurers have been trying to hold down premium increases by narrowing the range of providers in their networks and hiking deductibles as high as they can. The result has been a spate of stories aboutdisgruntled insurance beneficiaries, many of whom blame Obamacare for their woes. None of this is to suggest Obamacare is about to get repealed. President Obama would veto any legislation to that effect. Nor does the parlous state of the exchanges have any effect on the Medicaid expansion, which has greatly increased insurance coverage in the states that have accepted it.

 

[BLAZINGGIANTS]

UHC are raising rates because they're assholes not because of Obamacare. Rates have been raising due to inflation for decades. If you don't like their rates now fire them and shop for a new plan. It's literally that easy now (thanks Obama).

That's a very simplistic view. I wouldn't expect you to know the structure and organization of my company through the message board, but your statement is inaccurate as far as my company goes. We are fairly restricted due to the way we are structured, where employees live, etc. We did shop. And shop. And shopped some more. UHC was as good for our buck as anything. That may change with their prices increasing, assuming the competitors are not rising at the same pace.

 

[blue32]

That's a very simplistic view. I wouldn't expect you to know the structure and organization of my company through the message board, but your statement is inaccurate as far as my company goes. We are fairly restricted due to the way we are structured, where employees live, etc. We did shop. And shop. And shopped some more. UHC was as good for our buck as anything. That may change with their prices increasing, assuming the competitors are not rising at the same pace.

Same.