Five insurers cancel their healthcare coverage in Indiana due to Obamacare regulations
Repeal it: Five insurers have announced they are canceling their healthcare coverage in Indiana due to Obamacare regulations. The reason?
Aetna was leaving the Indiana individual market over a rule in the federal health care overhaul that insurers essentially must dedicate 80 percent of the premiums they collect to medical care. Anything less than 80 percent would be paid as rebates to policyholders the following year.
In other words, Obamacare tries to legislate the percentage of overhead a company spends, something that in the real world is simply impractical. Under this kind of regulation, every private company will eventually go out of business, leaving us stuck with a nationalized healthcare system run by our government.
And we all can see how efficiently the government runs things, right? Imagine a visit to the doctors’ office being like going to the motor vehicle administration.
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Repeal it: Five insurers have announced they are canceling their healthcare coverage in Indiana due to Obamacare regulations. The reason?
Aetna was leaving the Indiana individual market over a rule in the federal health care overhaul that insurers essentially must dedicate 80 percent of the premiums they collect to medical care. Anything less than 80 percent would be paid as rebates to policyholders the following year.
In other words, Obamacare tries to legislate the percentage of overhead a company spends, something that in the real world is simply impractical. Under this kind of regulation, every private company will eventually go out of business, leaving us stuck with a nationalized healthcare system run by our government.
And we all can see how efficiently the government runs things, right? Imagine a visit to the doctors’ office being like going to the motor vehicle administration.
The support of my readers through the years has given me the freedom and ability to analyze objectively the ongoing renaissance in space, as well as the cultural changes -- for good or ill -- that are happening across America. Four years ago, just before the 2020 election I wrote that Joe Biden's mental health was suspect. Only in this year has the propaganda mainstream media decided to recognize that basic fact.
Fourteen years ago I wrote that SLS and Orion were a bad ideas, a waste of money, would be years behind schedule, and better replaced by commercial private enterprise. Even today NASA and Congress refuse to recognize this reality.
In 2020 when the world panicked over COVID I wrote that the panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Only in the past year have some of our so-called experts in the health field have begun to recognize these facts.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
Please consider supporting my work here at Behind the Black.
You can support me either by giving a one-time contribution or a regular subscription. There are five ways of doing so:
1. Zelle: This is the only internet method that charges no fees. All you have to do is use the Zelle link at your internet bank and give my name and email address (zimmerman at nasw dot org). What you donate is what I get.
2. Patreon: Go to my website there and pick one of five monthly subscription amounts, or by making a one-time donation.
3. A Paypal Donation:
5. Donate by check, payable to Robert Zimmerman and mailed to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage or shown in the menu above. And if you buy the books through the ebookit links, I get a larger cut and I get it sooner.
i would hope we would work together and try to fix things before we just let every private company go out of business . we need competition between providers improve the system