It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
The ACA funds private, nonprofit health insurers called Consumer Operated and Oriented Plans—CO-OPs.
AshleyD
Now I don't feel so bad and am glad I'm not the only one with the capitalist spirit!
I have been researching investment opportunities in insurance companies.
Figured if the government was going to force people to buy something, I might own/have an interest in the venture! LOL!
neo96
The ACA funds private, nonprofit health insurers called Consumer Operated and Oriented Plans—CO-OPs.
Like how medicare, and medicaid, and the US government is are 'non profit's' ?
So not only am I paying for my own healthcare,someone elses, I get hit again by co ops.
I was mad before, but now I am damn right p' od.
edit on 11-10-2013 by neo96 because: (no reason given)
burdman30ott6
reply to post by beezzer
Bunny Cross/Bunny Shield?
Special discounts for hare restoration procedures.
:p
beezzer
I haven't gone insane.
This is not a sign of the apocalypse.
Why not an ATS CO-OP?
Work the system! Screw the man!
Essentially the co-op provision requires the Department of Health and Human Services to pay up to $6 billion in grants and loans for the creation of state-licensed nonprofit health plans, beginning in 2013. The legislative outlines for the program are rather vague, with only a few real requirements designed to make them truly "consumer oriented,"such as:
- They must be state-based nonprofits, and any profits generated must go to the benefit of members.
- They must be governed by majority vote of members, and any governing documents must incorporate ethics and conflict-of-interest standards against insurance industry involvement.
- HHS must, by regulation, ensure that the organization operates with a strong consumer focus.
- Any entity that was an insurance company as of July 2009 is not eligible to participate.
Yet instead of giving co-ops every possible tool to succeed, the law does a number of things to hold them back, such as:
- Prohibiting the plans from using any federal funds for marketing.
- Requiring them to pay back federal loans within five years and the grants within 15 years, which, for many plans, may not be sufficient time to generate the necessary revenue.
- Limiting their business to the individual and small group markets, making it more difficult for them to generate critical mass through large employer groups.
- Instructing the HHS secretary to ensure that the $6 billion for grants and loans is divided up so that at least one co-op will be located in each state. While this makes sense politically, it doesn't allow HHS to be strategic in its allocation of grants, ensuring that only the most promising plans have the capitalization they need to effectively compete.
neo96
reply to post by beezzer
The whole 'healthcare' debate is an insult to every person living here.
Hell it is a corporate product, but more because it is all political conspriracy theories rolled in to one:
Big pharma,Big insurance,Medical device manufactures, and the list goes on.(corporations)
Anyone is free to start up there own business, and finance it themselves, or venture capitalists, or them bloody evil banks.
But not at the expense of the rest of us because a political party is on a power trip legislating what corporate products those shills on capitol hill deem we 'want'.
Milking most people for decades to pay for those who are using it, and paying little or nothing in return is absolute bull snip.
beezzer
.... and cranial-anal corrections.
hee-hee
RegisteredUser
reply to post by beezzer
Does Thumper insurance cover GMO induced diseases that the government refuses to aknowledge?
Artlogic
beezzer
.... and cranial-anal corrections.
hee-hee
A#$hat removal service! I fear you may struggle to keep up with demand....
sonnny1
reply to post by neo96
Neo...
How about you be in charge of the ATS Co-Op retention department?
That mask might come in handy!
beezzer
Artlogic
beezzer
.... and cranial-anal corrections.
hee-hee
A#$hat removal service! I fear you may struggle to keep up with demand....
See a need for a service, supply the demand!