SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: Wayners who wrote (27088)3/12/2010 9:31:07 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 103300
 
Re: "lol, they WILL BE covered. You watch."

All I can tell you is that they ARE NOT covered in this legislation.

In fact it contains language that specifically EXCLUDES illegals.

(Now... if someone changes the laws in America in the future, well, I can't know the future.)

Re: "As as far as Medicare Advantage goes are you telling me that Medicare paid these plans 500B per year"

No. That's roughly what has been wasted in taxpayer-paid direct subsidies to the insurance industry in the not-quite-a-decade since the Bush folks passed this corporate welfare, and what we are slated to pay-out again over the next decade.

Re: "and nobody got treated for anything?"

No. The insurance plans are real. They are like 'riders' that co-exist with government Medicare coverage and pay things that Medicare doesn't cover... but FOR EVERY $1.30 the taxpayers GIVE to the insurance companies for these Medicare Advantage plans, the for-profit insurance companies only provide $1.00 worth of coverage. The rest is profit to them.

So the taxpayers are paying a direct SUBSIDY to the insurance companies.