Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (763745)	1/14/2014 5:09:27 PM
From: THE WATSONYOUTH	1 Recommendation Recommended By joseffy Read Replies (3) \| Respond to of 1573230

I'm sure you're impressed. Unfortunately, 2.2 M is a vast overstatement, and even were it not, the demographics are horrible. ....of course you can not take any number from govt at face value....... I predict we likely never will see the real numbers or demographics......nor even the real amount of the bailout that is built in by law. The bailout amount will be adjusted to keep the Insurers just barely profitable so that rates do not skyrocket again next year. Read about the bailout formulas in the law.......it's all there and you can infer what the govt will do to keep this thing going.......as long as the real bailout amount can be kept secret, they can funnel enough money to the insurers so as rates do NOT rise much at all..........then great success will be claimed and bought by the idiotic public.

To: i-node who wrote (763745)	1/14/2014 7:23:22 PM
From: Tenchusatsu	Read Replies (2) \| Respond to of 1573230

Inode, Unfortunately, 2.2 M is a vast overstatement, and even were it not, the demographics are horrible. How does that number compare with the number of people who had their policies cancelled because of ObamaCare? You know, the policies that people couldn't keep because they were "crappy" plans anyway ... Tenchusatsu

To: i-node who wrote (763745)	1/15/2014 2:21:53 PM
From: tejek	1 Recommendation Recommended By zax Read Replies (2) \| Respond to of 1573230

I'm sure you're impressed. Unfortunately, 2.2 M is a vast overstatement, and even were it not, the demographics are horrible. What this means is, just as many of us have predicted, the cost of this program is going to be vastly higher than anyone predicted, a cost the nation cannot afford. While there will be bailouts of the insurance companies, it will have to be as a part of a transition away from Obamacare. Relax. Enrollment is not done yet. Rs have been wrong on a whole variety of issues for the past 10 years. Why should they be right on this one? ;)