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Obamacare... guess what, most folks are put on MEDICAID... it will bankrupt the states!

 
Anonymous Coward
User ID: 1440618
Canada
10/27/2013 12:09 AM
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Obamacare... guess what, most folks are put on MEDICAID... it will bankrupt the states!
Surprise surprise. From Karl...

[link to market-ticker.org]
This is (thus far) anecdotal, but if it plays out anywhere near what I'm hearing reports of this law is done and so is the Federal and State budget process.

Specifically, I am hearing that of the (few) people who have managed to actually (1) create an account on the federal health care system exchanges and (2) go through the process nearly all of them are winding up referred to Medicaid. What's nearly all? There are reports that it is in the 90% range in many if not most area!

Got that? Almost none of the so-called "enrollees" are actually paying customers.

What's worse is the rest of the screwjob that is being foisted off on those who do look at the plans -- there is further (anecdotal, again, as this information is extremely hard to find) evidence developing that the "in-network" lists -- that is, which doctors and hospitals are "accepted" by these plans are effectively identical to the choice that Medicaid patients have -- in other words, half or more of the medical facilities and physicians, including probably your current doctor, will not accept these plans.

I was utterly unable to find, without registering, exactly what was "in-network" in this area among the "plans" offered for this county. Of course I have not provided any personal information, but this is one of the key shopping points for people who are buying "health insurance" -- they want to know where they can use it!

Between these two points calling this a "revolution" in health care may be rather correct but not in the way that Pelosi, Reid and Obama intended. Rather it may cause quite the other sort of revolution for two reasons:

It appears that it is going to instantly detonate State and Federal budgets, even among those states that did not "expand" Medicaid (many states rejected that attempted expansion) because it is going to flood the existing system with new enrollees, many of whom will immediately use their "free" services.

and

There are effectively zero young, healthy ("millennial") enrollees among those who are signing up and paying. As I expected and predicted only the truly and catastrophically sick have put up with the crap required to actually go through the process. These people are going to immediately and irrevocably consume dramatically more health care cost than they pay in premium.

In short there is effectively nobody signing up who is going to be a net payer of premium into the system from a statistical point of view.

The inbound tsunami that is going to come ashore in both Federal and State budgets, not to mention the outrageous premium ramps that will appear in Year #2 for Obamacare if enrollment continues to look anything like it is today will detonate our economy.



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Anonymous Coward
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10/27/2013 12:17 AM
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Re: Obamacare... guess what, most folks are put on MEDICAID... it will bankrupt the states!
It's the cloward & piven strategy.
Anonymous Coward
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10/27/2013 12:33 AM
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Re: Obamacare... guess what, most folks are put on MEDICAID... it will bankrupt the states!
TX,FL and many other states knew this and that's why they said fugh off to this crap obumma care.
and of course the lame stream mediyuuh which in reality IS the one stream mediyuuuh never got around to EXPLAINING THIS TO THE MASSES.
Anonymous Coward
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10/27/2013 12:56 AM
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Re: Obamacare... guess what, most folks are put on MEDICAID... it will bankrupt the states!
burnit
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10/27/2013 02:17 AM
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Re: Obamacare... guess what, most folks are put on MEDICAID... it will bankrupt the states!
If you are on Medicaid, there is something called "estate recovery". That means that when you die, the gov seizes your property to "recover" the money they spent on you. Before Obamacare, this was made plain to people who signed up for Medicaid. Now you are "automatically" enrolled in Medicaid and the requirements for doing so have been lowered. With so many children and relatives living with older family members, this means many will be evicted and put out on the street. So much for inheritance! All people will eventually become paupers and serfs living in public housing under this plan... maybe that is the intent?

Only the spouse is protected from eviction, however "estate recovery" will proceed when the spouse dies! Beware! Do not accept Medicaid
Anonymous Coward (OP)
User ID: 1440618
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10/27/2013 02:18 AM
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Re: Obamacare... guess what, most folks are put on MEDICAID... it will bankrupt the states!
If you are on Medicaid, there is something called "estate recovery". That means that when you die, the gov seizes your property to "recover" the money they spent on you. Before Obamacare, this was made plain to people who signed up for Medicaid. Now you are "automatically" enrolled in Medicaid and the requirements for doing so have been lowered. With so many children and relatives living with older family members, this means many will be evicted and put out on the street. So much for inheritance! All people will eventually become paupers and serfs living in public housing under this plan... maybe that is the intent?

Only the spouse is protected from eviction, however "estate recovery" will proceed when the spouse dies! Beware! Do not accept Medicaid
 Quoting: Anonymous Coward 34027613


So only the poor get screwed... once again!
SPUD

10/27/2013 02:31 AM
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Re: Obamacare... guess what, most folks are put on MEDICAID... it will bankrupt the states!
If you are on Medicaid, there is something called "estate recovery". That means that when you die, the gov seizes your property to "recover" the money they spent on you. Before Obamacare, this was made plain to people who signed up for Medicaid. Now you are "automatically" enrolled in Medicaid and the requirements for doing so have been lowered. With so many children and relatives living with older family members, this means many will be evicted and put out on the street. So much for inheritance! All people will eventually become paupers and serfs living in public housing under this plan... maybe that is the intent?

Only the spouse is protected from eviction, however "estate recovery" will proceed when the spouse dies! Beware! Do not accept Medicaid
 Quoting: Anonymous Coward 34027613


Has this always been true for people on medicaid? In other threads they were throwing in 55-64 age group for some reason. Old people in nursing homes losing their houses has been going on for a while, so I wonder about if age even matters.

With the high deductibles on all the plans and 60/40 70/30, etc people are going to be filing bankruptcy more, too. They will probably make it where you can't file bankruptcy since the gov will be so involved before it's over.
People are going to be totally screwed one way or the other.
"Of all the things I've lost, I miss my mind the most"
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Aquarius58

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10/27/2013 02:36 AM
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Re: Obamacare... guess what, most folks are put on MEDICAID... it will bankrupt the states!
Manufactured crisis indeed... This is the Lord of the Flies plan all along. The end is near
"The Physical World is a mystery, wrapped in an enigma, coated in a conundrum, basted with a paradox and garnished with uncertainty"

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