Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

8/8/2013 (1 year ago)

Catholic Online (www.catholic.org)

Companies are leaving markets, leaving consumers with less choice, patients without doctors.

Several major health insurers have pulled out of Obamacare exchanges in several states after saying they cannot make profits in those states. Aetna, Blue Cross, Humana, and United have left various states with the approach of Obamacare.

At least the waiting room will be empty.

At least the waiting room will be empty.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

8/8/2013 (1 year ago)

Published in Health

Keywords: Obamacare, insurance exchanges, mandate, doctors, keep


LOS ANGELES, CA (Catholic Online) - Insurance companies who participate in Obamacare are compelled to accept all applicants, regardless of any preexisting conditions. This increases costs to insurers, who must raise premiums to provide care for all patients while generating profits.

In some states, where laws have been passed to restrict the costs companies may charge, insurers are concerned they cannot generate sufficient profit to stay in business, and have decided to quit those markets.

The flight of insurers makes it inevitable that Obamacare will costs many patients their existing doctors.

When he was selling Obamacare, the President promised that nobody would lose their existing insurance or doctors. Now, with the withdraw of insurers, many patients are in fact losing their physicians.

Individuals are required to have insurance either provided by their employer or purchased via government-run exchanges. Anyone without insurance will be forced to pay a tax as a penalty.

Known as the "individual mandate," the requirement was intended to force all Americans to buy insurance coverage, including the healthy, thus defraying the costs associated with being forced to accept sickly people into their programs.

However, even the healthy will require some level of care, including some care which Obamacare requires insurers to provide for free. Rather than lose money, some insurers have opted to exit the Obamacare market in some states.

Also, any person with an insurance plan that does not qualify under Obamacare will be forced to pay a penalty to the IRS. To avoid the penalty, many customers are expected to switch to qualifying plans, which effectively means companies such as Aetna will leave certain states altogether.

Aetna is leaving exchanges in three states, Connecticut, where it is based, Georgia and Maryland. The common thread is that those states have imposed limitations on rates thus preventing them from generating sufficient profits.

Aetna does not provide coverage in California. Anthem Blue Cross is also withdrawing its request to participate in Obamacare exchanges for small businesses in California.

United Health Exchange is passing on California altogether.

This exodus of insurers means individuals will enjoy less choice when deciding which plan to buy. Choice is key to competition and keeping prices low.

It will also cost many people their doctors.

Several of the companies indicated a willingness to work with state governments and regulators to do business in each state, but it is clear that no company is going to do business in a state where they cannot generate the profits they need to be financially healthy.

Neither the federal government nor any state governments are currently pledging to make any changes to keep insurers in the exchanges. 

---


Pope Francis: end world hunger through 'Prayer and Action'


Copywriter 2015 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for June 2015
Universal:
That immigrants and refugees may find welcome and respect in the countries to which they come.
Evangelization: That the personal encounter with Jesus may arouse in many young people the desire to offer their own lives in priesthood or consecrated life.


Rosaries, Crosses, Prayer Cards and more... by Catholic Shopping .com


Comments


More Health

Are you at risk for skin cancer? Too much citrus may lead to melanoma Watch

Image of

By Nikky Andres (NEWS CONSORTIUM)

Consuming large amounts of orange juice or grapefruit may increase the risk of the most dangerous type of skin cancer, melanoma, according to recent studies. MUNTINLUPA, PHILIPPINES (Catholic Online) - Dr. Walter Willett of the Harvard School of Public Health, who ... continue reading


PUBLIC HEALTH VICTORY: Cuba becomes first nation to eliminate mother-to-child HIV, syphilis Watch

Image of Antiretroviral treatment to prevent mother-to-child-transmission of HIV, authorities remind the public, is not 100 per cent effective. A small number of cases are allowed to persist, despite the certification.

By Catholic Online (NEWS CONSORTIUM)

Heralded as one of the "greatest public health achievements possible," World Health Organization director-general Margaret Chan has declared that the Caribbean nation of Cuba has become the first nation to eliminate the transmission of HIV and syphilis from ... continue reading


Health experts warn on animal diseases used as biological weapons Watch

Image of

By Nikky Andres (NEWS CONSORTIUM)

The World Health Organization (WHO), animal health and national defense officers announced on June 30 the need for a wider international cooperation to sidestep the spread of animal diseases that could potentially be utilized as deadly biological weapons.  ... continue reading


Lazy lifestyles pose dangerous and deadly threat to today's generation Watch

Image of Laziness can lead to problems with being overweight.

By Nikky Andres (NEWS CONSORTIUM)

You might not be entirely aware, but according to the World Health Organization, physical inactivity is now the fourth most notorious global killer. In fact, the impact of physical inactivity has been claimed as the reason for more fatalities than the collective effect ... continue reading


5 wonderful facts about sunscreen that you didn't know Watch

Image of

By Nikky Andres (NEWS CONSORTIUM)

The need to use sunscreen is something emphasized everyday, not only by dermatologists but also by the beauty industry, media, etc. It's basically everywhere. It is not an alien fact to us that using sunscreen religiously will help us combat premature aging, the risk ... continue reading


Is getting plastic surgery a sin against God? Watch

Image of Plastic surgery is considered a simple medical procedure nowadays but remains as an intriguing aspect for the Catholic Church.

By Linky C. (NEWS CONSORTIUM)

Plastic surgery may seem to be a common medical procedure for several individuals around the globe, but the Catholic Church still has different points of views when it comes to changing the naturally bestowed beauty from God. Some medical practitioners, on the other ... continue reading


'Swimming pool eyes' are not because of chlorine... but because of urine Watch

Image of Swimmers that use the pool for their toilet causes the urine to react with chlorine. This in turn creates a chemical compound that hurts the eyes.

By Catholic Online (NEWS CONSORTIUM)

In a sage bit of advice that has a double meaning - you may not want to "go" to a public swimming pool after you learn this disgusting fact. If you emerge from the pool with red, stinging, sensitive eyes, it is not because of the chlorine... it is because of ... continue reading


Recording reveals anesthesiologist's shocking verbal abuse against unconscious patient Watch

Image of An anesthesiologist [not pictured] is caught make rude comments about patient.

By Atarah Haely (NEWS CONSORTIUM)

Instead of simply recording his doctor's post-operation instructions, as intended, a Virginian man accidentally recorded the anesthesiologist's verbal onslaught against him while he was asleep. Concealing his identity, the patient filed a lawsuit, including the doctor ... continue reading


Eating 'Fitness Snacks' may not be the healthy alternative for staying fit Watch

Image of

By Nikky Andres (NEWS CONSORTIUM)

We often hear the term "fitness food" or see products that are marketed as a healthy and guilt-free alternatives to chocolates and chips, or a way to fight cravings and hunger pangs. But could these "fitness foods" really be the key to keeping oneself healthy and fit? ... continue reading


Have you been exposed to this common, 'cancer causing' chemical? Watch

Image of A chemical commonly used in herbicides may cause cancer in those exposed to it, though early evidence is not conclusive.

By Matt Waterson (NEWS CONSORTIUM)

A chemical in a common herbicide widely used in farm work may potentially pose a threat to humans who are exposed to it, a new report from a World Health Organization (WHO) research unit has found. LOS ANGELES, CA (Catholic Online) - The herbicide known as ... continue reading


All Health News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, Genesis 27:1-5, 15-29
1 When Isaac had grown old, and his eyes were so weak ... Read More

Psalm, Psalms 135:1-2, 3-4, 5-6
1 Alleluia! Praise the name of Yahweh, you who serve ... Read More

Gospel, Matthew 9:14-17
14 Then John's disciples came to him and said, 'Why ... Read More

Saint of the Day

Saint of the Day for July 4th, 2015 Image

St. Elizabeth of Portugal
July 4: Elizabeth was a Spanish princess who was given in marriage to ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter