Moda is withdrawing from the Oregon insurance market

[SlyPokerDog]

Awkward...

http://www.ktvz.com/news/moda-healt...-insurance-market/37696924?platform=hootsuite

http://www.oregonlive.com/business/...kes_control_of_moda_ci.html#incart_river_home

 

[Strenuus]

THE ROSE GARDEN IS BACK!!!!! <3

 

[Dan Marang]

THE ROSE GARDEN IS BACK!!!!! <3

I haven't seen any implications that point specifically to that- but the fact that they're directing customers away... I mean- realistically and maybe even legally, how can they take money when they aren't solvent and still pay for a sponsorship deal? That can't be legal can it?

 

[illmatic99]

How long is that naming rights contract? And ugh! I hate being one of these teams with revolving door names for the arena.

Reminds me of UTA/OKC/SAC etc. Bring back the RG

 

[BBert]

See, they never should have changed ODS to that stupid MODA name, and they sure as hell shouldn't have changed the name of the Rose Garden. They could at least have called it the MODA Rose Garden.

Karma is a bitch!

 

[JfizzleBlazer]

The moda center grew on me.

It could have been worse. Could end up being something like preparation h stadium

 

[Dan Marang]

How long is that naming rights contract? And ugh! I hate being one of these teams with revolving door names for the arena.

Reminds me of UTA/OKC/SAC etc. Bring back the RG

The deal for the new arena in Golden State- it's a 20 year naming rights deal and it's not a ridiculous name like Sleep Train Arena, Smoothie King Center, or Talking Stick Resort... I mean those names sound like they're out of Futurama or something. How does that get past any kind of approval process?!

http://www.sfgate.com/bayarea/article/Warriors-arena-to-be-named-Chase-Center-bank-6788844.php

 

[SlyPokerDog]

First Jeld Wen, now Moda...

No more businesses naming our sports facilities, we need something financially stable like a Kardashian.

 

[SlyPokerDog]

We should ask Lillard to pay for naming rights, the Dame Dome would be bad ass!

 

[GrandpaBlaze]

Let's go real Oregon. The Nike Center.

Of course, we could have a bidding war and maybe it would be the Adidas Auditorium.

 

[e_blazer]

As a lucky policy holder with MODA, I would just like to say:

FUCK OBAMACARE AND ANYBODY WHO THOUGHT THIS WAS A GOOD IDEA!!!!!!!

 

[BLAZINGGIANTS]

As a lucky policy holder with MODA, I would just like to say:

FUCK OBAMACARE AND ANYBODY WHO THOUGHT THIS WAS A GOOD IDEA!!!!!!!

I was thinking about this the other day. There was a huge thread on this back in the day. A few morons here were pounding their chests and saying how their rates didn't go up at all. Yeah, maybe not initially. The rates for our company went up 7% this past year, and our broker told us to expect them to go up about 20% next year. We're not even a month into the year, and they're already warning me about that kind of increase?

 

[Eastoff]

As a lucky policy holder with MODA, I would just like to say:

FUCK OBAMACARE AND ANYBODY WHO THOUGHT THIS WAS A GOOD IDEA!!!!!!!

Fuck the Republicans and their stupid market based plans! Single payer is the best solution!

 

[e_blazer]

I was thinking about this the other day. There was a huge thread on this back in the day. A few morons here were pounding their chests and saying how their rates didn't go up at all. Yeah, maybe not initially. The rates for our company went up 7% this past year, and our broker told us to expect them to go up about 20% next year. We're not even a month into the year, and they're already warning me about that kind of increase?

Consider yourself lucky that you're not in the individual plan market. Mine went up about 40% and now my policy is in limbo-land.

 

[e_blazer]

Fuck the Republicans and their stupid market based plans! Single payer is the best solution!

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

 

[SlyPokerDog]

As a lucky policy holder with MODA, I would just like to say:

FUCK OBAMACARE AND ANYBODY WHO THOUGHT THIS WAS A GOOD IDEA!!!!!!!

Not to turn this into an Obamacare debate but Moda's failures had little to do with it.

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.

 

[illmatic99]

So I dug this out: http://www.sportsbusinessdaily.com/Daily/Issues/2013/08/13/Facilities/Trail-Blazers.aspx

10 yr, 40 mil deal. We have 7 yrs + left on that. No way Moda keeps on shelling out 4 mil a year in a state they don't exist anymore. Wonder what the out clauses are.

 

[e_blazer]

Not to turn this into an Obamacare debate but Moda's failures had little to do with it.

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.

That's certainly a large factor, but the ACA has major, and probably mortal flaws, in that young and healthy people aren't signing up at nearly high enough rates to cover the cost of providing insurance to the older and sicker people who did sign up.

 

[BLAZINGGIANTS]

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

 

[BBert]

The moda center grew on me.

It could have been worse. Could end up being something like preparation h stadium

Or the "Honey Bucket".

 

[BBert]

So I dug this out: http://www.sportsbusinessdaily.com/Daily/Issues/2013/08/13/Facilities/Trail-Blazers.aspx

10 yr, 40 mil deal. We have 7 yrs + left on that. No way Moda keeps on shelling out 4 mil a year in a state they don't exist anymore.

MODA is getting out of the individual market. They will still be insuring people in the group market, like employees of companies and government agencies.

 

[ripcityboy]

I'd probably be dead if it wasn't for Obama Care. So should I be for us changing the name to "Ron Tilles & Martin Shkreli Memorial Coliseum?"

Sent from my SGH-M919 using Tapatalk

 

[BBert]

I'd probably be dead if it wasn't for Obama Care.

Too bad the wholly owned subsidiary politicians would never allow anything close to a single payer system. The affordable care act could have been so much better if Obama hadn't had to pander to get support from big medicine just to get something, anything, passed to provide medical care to the not-for-profit sick in this country.

 

[BBert]

I'd probably be dead if it wasn't for Obama Care. So should I be for us changing the name to "Ron Tilles & Martin Shkreli Memorial Coliseum?"

Sent from my SGH-M919 using Tapatalk

How about Obama Care Arena?

 

[ripcityboy]

How about Obama Care Arena?

No baby, Public Option Arena has a nice ring to it. Along with "Disappearing Middle Class Conventional Hall" and "Offshore Tax Shelter Stadium!" We've got to think big!

Sent from my SGH-M919 using Tapatalk

 

[illmatic99]

MODA is getting out of the individual market. They will still be insuring people in the group market, like employees of companies and government agencies.

So you don't foresee a change to the name?

 

[e_blazer]

How about Obama Care Arena?

That would be ironic, but I think the roof would probably fall in if you did that.

 

[BBert]

So you don't foresee a change to the name?

Call me Sgt. Schultz, because I know nothing.

I don't know how they'd go about breaking such a contract, without being liable for the money they agreed to pay?

I'm also at a loss as to how having your company name on a basketball arena causes companies to choose your insurance products, thereby increasing your profits?

Maybe if MODA spent less money on naming a basketball stadium they wouldn't have to bail on insuring the elderly, but I don't know anything about how that works either.

 

[Eastoff]

That's certainly a large factor, but the ACA has major, and probably mortal flaws, in that young and healthy people aren't signing up at nearly high enough rates to cover the cost of providing insurance to the older and sicker people who did sign up.

Why can't we have socialism work? Because young people don't want to pay upfront.

 

[BBert]

Why can't we have socialism work? Because young people don't want to pay upfront.

Short sighted, they are.

I know I was. I resisted getting an IRA when I was young enough for it to do me some real good, no matter how hard my wise elders tried to convince me. I even knew they were right. Too busy partying, I was.