Biden to unravel employer-based coverage?

[Greenbeard]

I've never heard of this guy before, but he's really been getting out his message lately that the Biden Plan will at least start to unravel employer-based coverage.

First a couple weeks ago in the Wall Street Journal: Your Company Health Plan Isn’t Safe in a Biden Presidency

The collapse would come as a result of two interlinked provisions in the Democrat’s plan. Mr. Biden proposes to increase subsidies for ObamaCare exchange plans—decreasing the percentage of income households must pay in out-of-pocket premiums, and increasing the cost-sharing assistance provided for deductibles and copayments. He would also repeal an ObamaCare provision that prohibits households that are offered “affordable” health coverage by their employer from receiving exchange subsidies.

And now today at The Federalist: Joe Biden Echoes Barack Obama’s Lie Of The Year: If You Like Your Employer-Provided Health Insurance, You Can Keep It

The richer subsidies, coupled with the repeal of the firewall, would mean that many individuals with employer coverage will switch to exchange plans. My report uses data on the average employer plan premiums and deductibles in 2018 and compared those to a subsidy regime proposed by the Urban Institute and cited in Biden’s plan.

As the below chart shows, I find that virtually all households with incomes of under 200 percent of the federal poverty level will save at least $100 per month in total premium and deductible costs. A sizable number of households with incomes between 200-300 percent of the poverty level will save money as well.

He seems to be view this as a bad thing, but if true that would be great. Millions more shopping in an open market, putting downward pressure on premiums, and families getting a better deal to boot?

 

[Phys251]

I've never heard of this guy before, but he's really been getting out his message lately that the Biden Plan will at least start to unravel employer-based coverage.

First a couple weeks ago in the Wall Street Journal: Your Company Health Plan Isn’t Safe in a Biden Presidency


And now today at The Federalist: Joe Biden Echoes Barack Obama’s Lie Of The Year: If You Like Your Employer-Provided Health Insurance, You Can Keep It


He seems to be view this as a bad thing, but if true that would be great. Millions more shopping in an open market, putting downward pressure on premiums, and families getting a better deal to boot?

You gotta love right-wing media's incessant whining about returning even a portion of the power of healthcare to the people. As always they remind us where their real interests lie.

 

[Rogue Valley]

I've never heard of this guy before, but he's really been getting out his message lately that the Biden Plan will at least start to unravel employer-based coverage.

Chris Jacobs is a GOP Representative for York's 27th congressional district. A Republican, Jacobs served as the 62nd Secretary of State of New York from April 2006 to January 2007. Beginning in 2012, he held the post of Erie County Clerk. Jacobs was a member of the New York State Senate for the 60th district from 2017 to 2020. On June 23, 2020, he won a special election to fill a congressional vacancy in the 27th district (he replaced Chris Collins). He is facing Democrat Nate McMurray for the seat in the 2020 election.

His articles are intended to instill fear in employees concerning their employer-based healthcare plans under a Biden presidency.

 

[Greenbeard]

Chris Jacobs is a GOP Representative for York's 27th congressional district. A Republican, Jacobs served as the 62nd Secretary of State of New York from April 2006 to January 2007. Beginning in 2012, he held the post of Erie County Clerk. Jacobs was a member of the New York State Senate for the 60th district from 2017 to 2020. On June 23, 2020, he won a special election to fill a congressional vacancy in the 27th district (he replaced Chris Collins). He is facing Democrat Nate McMurray for the seat in the 2020 election.

His articles are intended to instill fear in employees concerning their employer-based healthcare plans under a Biden presidency.

Seems like a different guy?

Juniper Research Group — About

www.juniperresearchgroup.com

 

[Rogue Valley]

Seems like a different guy?

Juniper Research Group — About

www.juniperresearchgroup.com

Probably. I just saw a Chris Jacobs and assumed the Congressman would opine in the conservative WSJ.

 

[aociswundumho]

Millions more shopping in an open market, putting downward pressure on premiums, and families getting a better deal to boot?

How? The 80/20 rule effectively capped health insurance company profits. There's no "open market", both buyers and sellers are strictly controlled by government regulation. There is also no "downward pressure" on premiums because people who think like you do have destroyed the healthcare market in order to benefit special interest groups and labor cartels.

 

[Greenbeard]

How? The 80/20 rule effectively capped health insurance company profits. There's no "open market", both buyers and sellers are strictly controlled by government regulation. There is also no "downward pressure" on premiums because people who think like you do have destroyed the healthcare market in order to benefit special interest groups and labor cartels.



View attachment 67299386

ESI is not an open market. ESI does a poor job of putting downward pressure on premiums. Your graphic is of ESI premiums.

Hence the prospect of unraveling ESI is intriguing.

 

[Ikari]

You gotta love right-wing media's incessant whining about returning even a portion of the power of healthcare to the people. As always they remind us where their real interests lie.

It kind of goes against their whole "poor people should just die" policy they've been pushing for decades.

 

[aociswundumho]

ESI is not an open market. ESI does a poor job of putting downward pressure on premiums. Your graphic is of ESI premiums.

It doesn't matter who is doing the buying, what matters is how much is being bought. When employers buy cars and trucks for their employees to use, that demand effects the price of cars and trucks. Health insurance is no different.

Hence the prospect of unraveling ESI is intriguing.

What's intriguing about it? Getting rid of ESI amounts to nothing more than rearranging the deck chairs on the Titanic, because the problem with healthcare in the US has nothing to do with health insurance companies and everything to do with government intervention.

 

[joko104]

I've never heard of this guy before, but he's really been getting out his message lately that the Biden Plan will at least start to unravel employer-based coverage.

First a couple weeks ago in the Wall Street Journal: Your Company Health Plan Isn’t Safe in a Biden Presidency


And now today at The Federalist: Joe Biden Echoes Barack Obama’s Lie Of The Year: If You Like Your Employer-Provided Health Insurance, You Can Keep It


He seems to be view this as a bad thing, but if true that would be great. Millions more shopping in an open market, putting downward pressure on premiums, and families getting a better deal to boot?

Joe Biden promised a group of billionaires that he won't raise their taxes or change anything for them. And he promises more.

You see, to Joe Biden people like Jeff Bezos, the WalMart heirs, Warren Buffet etc are WAY TOO POOR! He believes it is outrageous that they should have to pay for healthcare for their employees - promising he will make the government pay for their employees - meaning making working people pay themselves so the impoverished richest people on earth get richer faster.

The Democratic primary and now general election can be described as this: "Billionaires of the world for Biden." They control television, all newspapers and the Internet. It intolerable that YOU have any money because all money should be their money. Quid Pro Quo China Joe is their front man and shill. That is who Biden has always been and promises to continue to be.

 

[Drawdown]

I've never heard of this guy before, but he's really been getting out his message lately that the Biden Plan will at least start to unravel employer-based coverage.

First a couple weeks ago in the Wall Street Journal: Your Company Health Plan Isn’t Safe in a Biden Presidency


And now today at The Federalist: Joe Biden Echoes Barack Obama’s Lie Of The Year: If You Like Your Employer-Provided Health Insurance, You Can Keep It


He seems to be view this as a bad thing, but if true that would be great. Millions more shopping in an open market, putting downward pressure on premiums, and families getting a better deal to boot?

Democrats won't support it once they realize this would be the death of labor unions in America. It is the last thing of value they offer to members--keeping the company's share as high as possible.

 

[Greenbeard]

It doesn't matter who is doing the buying, what matters is how much is being bought. When employers buy cars and trucks for their employees to use, that demand effects the price of cars and trucks. Health insurance is no different.

Someone with an employer-based PPO is paying more for the same service than someone shopping for their own insurance on the open market. That doesn't even get into the way market dynamics differ when someone is using his own money to select a plan in the open market vs. the paternalistic employer system in which employers use employees' own money to buy coverage they may not want or need in lieu of paying them higher wages.

You see, to Joe Biden people like Jeff Bezos, the WalMart heirs, Warren Buffet etc are WAY TOO POOR! He believes it is outrageous that they should have to pay for healthcare for their employees - promising he will make the government pay for their employees - meaning making working people pay themselves so the impoverished richest people on earth get richer faster.

Working people will do quite well under the Biden plan.

Democrats won't support it once they realize this would be the death of labor unions in America. It is the last thing of value they offer to members--keeping the company's share as high as possible.

Unions have historically been a significant barrier to universal coverage independent of employer benefits! That will be an interesting dynamic.

 

[Deuce]

How? The 80/20 rule effectively capped health insurance company profits. There's no "open market", both buyers and sellers are strictly controlled by government regulation. There is also no "downward pressure" on premiums because people who think like you do have destroyed the healthcare market in order to benefit special interest groups and labor cartels.



View attachment 67299386

Imagine looking at this chart and thinking the ACA caused the rise in health care costs

 

[Checkerboard Strangler]

I've never heard of this guy before, but he's really been getting out his message lately that the Biden Plan will at least start to unravel employer-based coverage.

First a couple weeks ago in the Wall Street Journal: Your Company Health Plan Isn’t Safe in a Biden Presidency


And now today at The Federalist: Joe Biden Echoes Barack Obama’s Lie Of The Year: If You Like Your Employer-Provided Health Insurance, You Can Keep It


He seems to be view this as a bad thing, but if true that would be great. Millions more shopping in an open market, putting downward pressure on premiums, and families getting a better deal to boot?

I'll keep listening to Wendell Potter, thanks!

 

[aociswundumho]

Imagine looking at this chart and thinking the ACA caused the rise in health care costs

The chart is for insurance premiums, not provider prices.

 

[Moot]

Democrats won't support it once they realize this would be the death of labor unions in America. It is the last thing of value they offer to members--keeping the company's share as high as possible.

You do have a point there. My union offers the best health insurance and I'd sure hate to lose it.

But at the same time, I hated having my health insurance tied to a job. I think it hinders people who might want to start a business or change jobs. It really is a ball and chain that prevents mobility.