Is Healthcare Really Overrun?

I got a letter today from my healthcare provider (Care First). I assumed it was going to be a co-pay bill. Much to my surprise, it was a check from $342. The accompanying letter explained that they are required to send out rebates as their payout drops below 80%.

 

If healthcare is being overwhelmed, why are they sending unspent money back? It's nice...I'm not complaining. I'm just pointing out that it's happening. How does that square with the Left's narrative that healthcare is being overwhelmed buy the "unvaccinated". Total fiction!

 

Sounds like Democrat run Chicago.

 

The refunds result from the Affordable Care Act’s medical loss ratio provision, which requires insurers to spend at least 80% of their premium income (85% for large group plans) on claims and quality improvements over the previous three years. Insurers that do not meet that requirement must refund the difference as rebates.

 

wow, yak looks pretty foolish

 

That's my point...the system is so unstressed...they're actually sending money back! Less healthcare is being used than actuarily forecast...and that was before COVID!!!

Yet, y'all cry that unvaccinated people are overwhelming the healthcare system. How can both be correct?

 

in the sense that if you show up there may not be a bed. this wasn't clear?

 

If you let the free market determine healthcare capacity, there wouldn't be an issue...but NOOOO! "Let's cram as many COVID patients into nursing homes so we don't make President Trump look good."

You and your cohorts support murderers and felons. That's the definition of a "Marxist"!

 

This is spot on!

 

This was after Cuomo refused to use the medical facilities President Trump provided New York. Typical, criminal Marxist behavior...not a "theory" at all. The Democrat party has been taken over by Marxists and anyone who votes for them is a Marxist-by-Proxy.

NY data show nursing home deaths undercounted by thousands

https://apnews.com/article/new-york-nursing-home-coronavirus-deaths-a6c214f4467976efdfca9ba75f8adaef

 

Here's an interesting paper from 2010 entitled..."Marxism and the Three Movements of Neoliberalism" by John O’Connor Central Connecticut State University, USA.

"In terms of outcome, the early phase of neoliberalism transformation was a mixed bag. It fostered a partial recovery in profits as it imposed a new regressive organizational framework on workers and citizens. First, as a capitalist class project, neoliberalism rejects and turns away from the post-war reliance on the socialization of economic activity as a means of regulating and managing the circuit of capital. Neoliberalism today reflects a new orientation of coercive competition; with capitalist reordering relying on state rationalization, market contestability, and factor mobility across all nations. Second, the early neoliberal transformation of capitalist economies involves three distinct movements: the recasting of class relations, remaking the mode of production, and reorganizing capital accumulation. By reordering the interests of workers and capitalists, the organizing and reproductive structures of capitalism, and the institutions/policies of accumulation, neoliberalism has remade the political economy of post-war capitalism.

Although it is beyond the scope of this article, it is important to note that the neoliberal political project recounted here turned out to be both economically contradictory and politically precarious. Neoliberalism’s economic weakness stems from two main sources – first, its embedded demand deficit via the attack on both workers’ wages and social provision; and second, the proliferation of financialization through easy credit and deregulation. These moves sharpen capitalism’s crisis tendencies. And, starting with the Zapatista rebellion in Mexico and the French public sector strikes, neoliberalism has been continuously contested by numerous political convulsions. It is theseinternational pockets of resistancethat gaverise to the Global Justice movement, producing a new milieu of political confrontation.

Analysts differ on whether neoliberalism is a political ideology, a set of policies, or a novel form of economic governance, and whether it is driven by technology, finance, or redistribution. For some, neoliberalism has produced convergent effects, and for others nation-to-nation divergence remains important. Yet, with its focus on class relations, the mode of production, and the institutions/policies of social formations, Marxism enables us to see the existence of competing entry points, units of analysis, and outcomes. Only a Marxian political economic framework can specify neoliberalism’s logic and processes, as well as highlighting its complexity and multidimensionality."

https://journals.sagepub.com/doi/pdf/10.1177/0896920510371389

@clembo , @FryDaddyJr , @JoeNation , @GeneWright ...you see? You may not see yourselves as Marxists, but that's what you've become...through the policies the Democrat party has come to support and promote. Marxism is antithetical to the U.S. Constitution. That's the problem.

 

Could I point out that the insurance industry is NOT the health care industry? You seem to be confusing the two pretty badly here.

 

One funds the other and, therefore, an effective barometer of activity.

 

eeeeeeeh! Not so much in the context you are using them in. The short answer to your original question is that you have Obamacare to thank for the rebate. Overrun hospitals have nothing to do with insurance providers and everything to do with the unvaccinated. You will never admit this but you are comparing apples to oranges here. I don't care to argue about it anymore and if you choose to draw bogus conclusions from equating the insurance provides to the health care industry, I can only shake my head and walk away.

 

Lol...no it doesn't. It has to do with all the delayed elective surgery and open boarders...don't lie!
Obama's a Marxist who gave us OFA, Antifa, and BLM. He only stayed in D.C. because he expected President Trump to be overthrown. He's a criminal and traitor!

 

Whatevet.

 

...Word!