MLR of 80%.

Post #382,020 by mmoffitt 10/11/13 9:19:27 AM Reply	MLR of 80%. Average "admin expenses" for private health insurers (and one might rightly call at least some part of that "profit") run around 16%. That leaves at least 4% for guess who? The shareholders. HTH. For comparison, Medicare's administrative costs are around 3 per cent. Meaning, of course, the government is vastly more efficient at processing medical claims than is the private sector. But, as your guy in the White House made abundantly clear: we cannot have a government Single Payer Plan because that leaves all of Wall Street and their investors out of the profit taking business in our healthcare delivery system.
Post #382,021 by Another Scott 10/11/13 10:00:35 AM Reply	<sigh> How many votes does the President get in the Senate again? I thought it was zero. Again, there were no votes to spare in the Senate, and too many weren't ever going to accept a public option (let alone single-payer/Medicare for All). Obama knew how to count to 60. You keep beating this poor horse that has long since given up the ghost. You need to move on. IMHO, of course. :-) Cheers, Scott.
Post #382,023 by mmoffitt 10/11/13 10:52:00 AM Reply	<sigh> We're in a loop. You've consistently said, "He didn't have the votes." The truth is, my friend, that we will never know because he decided he did not want to gamble. He decided that despite public support of nearly 70% for it, he didn't want to risk being unable to persuade establishment politicians in the Senate to vote in their constituents' interests. This is precisely the cause of the disillusionment with him from the Left. In 2008, many thought they were voting for "Change They Could Believe In" or more precisely that we'd finally have a President who would support the people's will, instead of Wall Street's. He could have let (at least) the public option bill passed by the House go to the Senate and then try to shame the Senate (held by his own party no less) into being a part of the real change he had campaigned on. If he had done that (and even FAILED!) he would have won re-election in a landslide over Mittens. And those who did not vote for a bill with a public option might have been forced from office by the very same crowd that voted for Obama in 2008, but stayed home in '10 and '12. I know the horse is dead. I'm just not happy that the leader of the Democratic Party is the one that shot it.
Post #382,096 by CRConrad 10/14/13 2:44:26 AM Reply	ICLRPD. "I know the horse is dead. I'm just not happy that the leader of the Democratic Party is the one that shot it." -- Christian R. Conrad Same old username (as above), but now on iki.fi (Yeah, yeah, it redirects to the same old GMail... But just in case I ever want to change.)

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