Wednesday, May 3, 2017

Last Minute Obamacare Schadenfreude

Blowing town for a while, and I need to get rid of these links before they wilt:

Obamacare itself continues to spiral away: Last major insurer in Iowa likely to exit Obamacare exchange, just because it's sooooo good. THAT MEANS IT’S WORKING: Oregon lawmakers consider ending Medicaid expansion to shore up budget. Remember, most of O-cares new insurance coverage came from the Medicaid expansion. But even a liberal stalwart like Oregon can't afford it. Ouster Of Molina Family May Be Bad For Insurer's 1M Obamacare Patients
The surprise ouster of the top two executives at family-run Molina Healthcare could bring to an end the commitment the insurer has had to the individual business under the Affordable Care Act.

About 9% of all Americans enrolled in the ACA’s public marketplaces are enrolled in Molina health plans, and departing chief executive Dr. J. Mario Molina was outspoken for the business, most recently chastising Congress and the Donald Trump White House for not funding cost-sharing reductions for ACA patients.
. . .
“In light of the Company’s disappointing financial performance, the Board has determined to change leadership in order to drive profitability through operational improvements,” said Dale B. Wolf, a board director who was named non-executive Chairman of the Board on Tuesday.
To summarize, from the New York Post, The health care industry is bound to collapse soon, experts say. Thanks, Obama!

House delays Obamacare vote, denying Trump 100-day win. Why Byron York asks, then answers Why can't House repeal Obamacare? Because a lot of Republicans don't want to. It's hard to take back benefits, even for people who don't vote for you. And right on schedule Here we go: New House GOP health-care bill on verge of failure as moderates balk. Maybe if we bribe them with more money? Republicans push new health-care tweak in effort to protect preexisting conditions — and to garner votes17 Moderate Holdouts Offered $8 Billion Extra for Stability Fund to Get Their Votes on Health Care Is it working? Ryan: “We’re getting extremely close” on AHCA.

Coming next? Cohn says health care legislation will go to a House vote this week. But, No good GOP options if Obamacare repeal fails. You ran on it. You need to do it. But take the time to get it right.

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