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A tiny bit of reality for the worried ones--box, ami, try, etc. (Aetna)

Pure

Pure

Fiel a Verdad
Joined
Dec 20, 2001
Posts
15,135
note this story today:

http://www.wikinvest.com/stock/Aetna_(AET)

Aetna (AET) Hits New High Following Health Care Reform Vote


Aetna (NYSE: AET) hit a new 52-Week high of $35.24 so far today. Currently the stock is up $0.13 (0.36%) to $34.59 on 9,254,862 shares traded. Today's high is up $13.04 from a 52-Week Low of $21.55. Aetna stock has been showing support around...

Look at the graphs for the past week and the past year, as well as today. Check out Humana, Wellpoint, and Cigna and some of the other giants.


does it LOOK like a revolution has occurred? does it look like Stalinism arrived yesterday. does it look like the government has seized control, or is about to?

Aetna is the third largest healh related US corporation, insuring over 30 million people.

Do they LOOK worried?

30 million new possible insurees were just created. if Aetna gets just a third of them....

there is no public option. if it's not Aetna, you can choose Humana or Cigna.. etc.

put down the musket and get your faces away from the teabag; think about it.
 
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DONT THROW ME IN DUH BRIAR PATCH, BRER FOX, said Brer Rabbit.
 
Pure said:
note this story today:

http://www.wikinvest.com/stock/Aetna_(AET)

Aetna (AET) Hits New High Following Health Care Reform Vote


Aetna (NYSE: AET) hit a new 52-Week high of $35.24 so far today. Currently the stock is up $0.13 (0.36%) to $34.59 on 9,254,862 shares traded. Today's high is up $13.04 from a 52-Week Low of $21.55. Aetna stock has been showing support around...

Look at the graphs for the past week and the past year, as well as today. Check out Humana, Wellpoint, and Cigna and some of the other giants.


does it LOOK like a revolution has occurred? does it look like Stalinism arrived yesterday. does it look like the government has seized control, or is about to?

Aetna is the third largest healh related US corporation, insuring over 30 million people.

Do they LOOK worried?

30 million new possible insurees were just created. if Aetna gets just a third of them....

there is no public option. if it's not Aetna, you can choose Humana or Cigna.. etc.

put down the musket and get your faces away from the teabag; think about it.
Click to expand...

Of course the insurance companies are jumping for joy now - they just got thirty million or so new customers, who may or may not be happy about buying the product. And, many of those who are forced to buy the product are young and healthy and will just be paying in without ever representing any substantial expense. There will be some more expenses because of insuring pre-existing conditions, but the new business will more than make up for it. :eek:

I am much more concerned about MediCare than I am about Aetna et al. Since allowable payments will probably be reduced, there will be fewer providers accepting MediCare patients, and more professionals will be retiring and more bright young people will see the healing professions as being less lucrative, and will take up Law or something else. :eek:

What they say about saving money by eliminating waste and fraud makes me laugh. If they have identified these things, why haven't they eliminated them already? :confused:
 
Boxlicker101 said:
Of course the insurance companies are jumping for joy now - they just got thirty million or so new customers, who may or may not be happy about buying the product. And, many of those who are forced to buy the product are young and healthy and will just be paying in without ever representing any substantial expense. There will be some more expenses because of insuring pre-existing conditions, but the new business will more than make up for it. :eek:
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Um... pay attention. That's the whole idea behind universality. That's what can, (at least in theory) cover the costs for the insurance companies of the new regulations, and rein in the cost of premiums across the board. Without expanding the pool none of the other stuff is possible. The Dems solution to expanding the pool can be seen as draconian, but it's pretty sure to be effective.

I am much more concerned about MediCare than I am about Aetna et al. Since allowable payments will probably be reduced,
Click to expand...
You base this on what? I'm not saying either this or that, but that qualifier makes it sound like you're just guessing. Will there be reductions? Or are there provisions that might lead to it? And if so, what are those?

I read the dam thing once, but I'll be damned if I can remember it all. ;)

What they say about saving money by eliminating waste and fraud makes me laugh. If they have identified these things, why haven't they eliminated them already? :confused:
Click to expand...
Because the ones that gave a crap about it came into power only a year ago, and figured, "Why not do that while we do the rest of the heath Care thing?"
 
Liar said:
Quote:
Originally Posted by Boxlicker101
Of course the insurance companies are jumping for joy now - they just got thirty million or so new customers, who may or may not be happy about buying the product. And, many of those who are forced to buy the product are young and healthy and will just be paying in without ever representing any substantial expense. There will be some more expenses because of insuring pre-existing conditions, but the new business will more than make up for it.

Um... pay attention. That's the whole idea behind universality. That's what can, (at least in theory) cover the costs for the insurance companies of the new regulations, and rein in the cost of premiums across the board. Without expanding the pool none of the other stuff is possible. The Dems solution to expanding the pool can be seen as draconian, but it's pretty sure to be effective.
Click to expand...

So, what you are saying is that we should follow the principles of Karl Marx: From each according to his abilities to each according to his needs. This is also referred to as sharing the wealth or taking from the better off to give to the less well off. If you want to, you can call it robbing the rich to give to the poor., except we are not really talking just about rich people here.

I am much more concerned about MediCare than I am about Aetna et al. Since allowable payments will probably be reduced,
You base this on what? I'm not saying either this or that, but that qualifier makes it sound like you're just guessing. Will there be reductions? Or are there provisions that might lead to it? And if so, what are those?

I read the dam thing once, but I'll be damned if I can remember it all.
Click to expand...

I base this on the large amount of funding that will be removed from MediCare.

What they say about saving money by eliminating waste and fraud makes me laugh. If they have identified these things, why haven't they eliminated them already?
Because the ones that gave a crap about it came into power only a year ago, and figured, "Why not do that while we do the rest of the heath Care thing?"
Click to expand...
Oh, C'mon, get real. There is nothing a Republican loves more than finding waste and fraud in a government social welfare program and eliminating it.
Click to expand...
 
Boxlicker101 said:
Oh, C'mon, get real. There is nothing a Republican loves more than finding waste and fraud in a government social welfare program and eliminating it.
Click to expand...

Not in eliminating it, but rather moving it to some fat cat's pocket.

Come on, Box. Back out of this crap and go write a story or two.
 
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Boxlicker101 said:
[...]I base this on the large amount of funding that will be removed from MediCare.
What they say about saving money by eliminating waste and fraud makes me laugh. If they have identified these things, why haven't they eliminated them already?
Oh, C'mon, get real. There is nothing a Republican loves more than finding waste and fraud in a government social welfare program and eliminating it.
Click to expand...
The waste and fraud is in the money paid to private insurance companies.
From US News:
7. No traditional Medicare cuts

Seniors won't see cuts to their regular Medicare benefits. Those who have Medicare Advantage, however, may see some changes. Medicare Advantage plans, which are paid for by the government but administered by private companies, offer extra benefits like eye care and dental visits. These plans, on average, cost the government about 15 percent more per person than regular Medicare. In an effort to cut spending, the bill gradually cuts the amount the government will give private insurers to offer Medicare Advantage, which may lead to insurers dropping benefits or dropping out altogether.
Click to expand...
 
Boxlicker101 said:
So, what you are saying is that we should follow the principles of Karl Marx: From each according to his abilities to each according to his needs. This is also referred to as sharing the wealth or taking from the better off to give to the less well off. If you want to, you can call it robbing the rich to give to the poor., except we are not really talking just about rich people here.
Click to expand...
I'm not saying we should this or we should that. I'm saying what this bill does. You act as if this was some kind of side effect. It's the main provision of the bill. And it's not founded in maxists ideology, but in pragmatic economy. If it was Marxism, they would have just taxed people instead. It's much less Marxism than any other tax taken for any reason. That's just a demonizing nomer you slap on it to make it sound evil. In fact, this is not wealth redistribution from the better off to the less well off. Most of the better off already have insurance.

Oh, C'mon, get real. There is nothing a Republican loves more than finding waste and fraud in a government social welfare program and eliminating it.
Click to expand...
Ah, so that's why they didn't do it for a decade.
 
other reports

On Humana:
http://www.wikinvest.com/stock/Humana_(HUM)

How the big five looked today, 3-22. (Humana is apparently affected since Medicare Advantage is being reined in.) Note that a small downward tick is not much of an indicator of a revolution. Stay tuned!!


http://www.wikinvest.com/wikinvest/...age=Stock:Humana_(HUM)&format=html&comments=0

Major insurers' shares turn south


LOS ANGELES (MarketWatch) -- Shares of major health insurers took a dive in late-morning trading Monday in the wake of the House's passage of a health-care overhaul measure, with four of the nation's six biggest insurers in the red. Medicare dependent Humana Inc. /quotes/comstock/13*!hum/quotes/nls/hum (HUM 49.25, -0.07, -0.14%) and HealthNet Inc. /quotes/comstock/13*!hnt/quotes/nls/hnt (HNT 26.32, +0.51, +1.98%) were off nearly 2% while UnitedHealth Group Inc. /quotes/comstock/13*!unh/quotes/nls/unh (UNH 33.38, +0.08, +0.24%) was off more than 1%. WellPoint Inc. /quotes/comstock/13*!wlp/quotes/nls/wlp (WLP 64.18, -0.21, -0.33%) was down marginally. Aetna Inc. /quotes/comstock/13*!aet/quotes/nls/aet (AET 34.65, +0.01, +0.03%) and Cigna Inc. /quotes/comstock/13*!ci/quotes/nls/ci (CI 37.26, -0.02, -0.05%) were the only gainers, with Aetna up more 1% and Cigna up marginally.
 
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Boxlicker101 said:
Of course the insurance companies are jumping for joy now - they just got thirty million or so new customers, who may or may not be happy about buying the product. And, many of those who are forced to buy the product are young and healthy and will just be paying in without ever representing any substantial expense. There will be some more expenses because of insuring pre-existing conditions, but the new business will more than make up for it. :eek:

...
Click to expand...

You got that all wrong Box...the young and health won't buy the insurance the government mandates because the penalty each April 15th is cheaper than the premiums they would have to pay all year. So those insurance companies won't be getting that money. Yes they will have a influxes of policy with pre-existing conditions but that cost will be laid off across all policy holders. So expect premiums to increase.

The only thing the usual suspects can see is that they will be getting free (TANSAAFL) health payment plans. Their eyes get so big when the hear the word free. And the wet their panties at the word.
 
Zeb_Carter said:
You got that all wrong Box...the young and health won't buy the insurance the government mandates because the penalty each April 15th is cheaper than the premiums they would have to pay all year. So those insurance companies won't be getting that money. Yes they will have a influxes of policy with pre-existing conditions but that cost will be laid off across all policy holders. So expect premiums to increase.

The only thing the usual suspects can see is that they will be getting free (TANSAAFL) health payment plans. Their eyes get so big when the hear the word free. And the wet their panties at the word.
Click to expand...
So funny and sad; where we are saying; "Affordable" you hear; "free."

naaah naah naha naaaah, as usual.
 
Zeb_Carter said:
The only thing the usual suspects can see is that they will be getting free (TANSAAFL) health payment plans. Their eyes get so big when the hear the word free. And the wet their panties at the word.
Click to expand...

Free? Where did anybody say this was free?
 
I was being facetious...geez. And I can assure you that most of the government educated moochers out there read Affordable as Free. Guaranteed.
 
Zeb_Carter said:
I was being facetious...geez. And I can assure you that most of the government educated moochers out there read Affordable as Free. Guaranteed.
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If your guarantee doesn't come through, do I get my money back?

And yes, you are right, many people in this country have lived on the bottom line for so long that they've learned to ignore the lack of money altogether.
 
Zeb_Carter said:
I was being facetious...geez. And I can assure you that most of the government educated moochers out there read Affordable as Free. Guaranteed.
Click to expand...

You were being a liar......jeez, and a hypocrite.....par for the course.....
 
Zeb_Carter said:
You got that all wrong Box...the young and health won't buy the insurance the government mandates because the penalty each April 15th is cheaper than the premiums they would have to pay all year. So those insurance companies won't be getting that money. Yes they will have a influxes of policy with pre-existing conditions but that cost will be laid off across all policy holders. So expect premiums to increase.

The only thing the usual suspects can see is that they will be getting free (TANSAAFL) health payment plans. Their eyes get so big when the hear the word free. And the wet their panties at the word.
Click to expand...

You need some cheese to go with all that whine???
 
Boxlicker101 said:
Liar said:
Quote:
Originally Posted by Boxlicker101
Of course the insurance companies are jumping for joy now - they just got thirty million or so new customers, who may or may not be happy about buying the product. And, many of those who are forced to buy the product are young and healthy and will just be paying in without ever representing any substantial expense. There will be some more expenses because of insuring pre-existing conditions, but the new business will more than make up for it.



So, what you are saying is that we should follow the principles of Karl Marx: From each according to his abilities to each according to his needs. This is also referred to as sharing the wealth or taking from the better off to give to the less well off. If you want to, you can call it robbing the rich to give to the poor., except we are not really talking just about rich people here.

I am much more concerned about MediCare than I am about Aetna et al. Since allowable payments will probably be reduced,


I base this on the large amount of funding that will be removed from MediCare.

What they say about saving money by eliminating waste and fraud makes me laugh. If they have identified these things, why haven't they eliminated them already?

Oh, C'mon, get real. There is nothing a Republican loves more than finding waste and fraud in a government social welfare program and eliminating it.
Click to expand...

I thought there was nothing a Republican liked better than a young boy's butt......
Click to expand...
 
Zeb_Carter said:
You got that all wrong Box...the young and health won't buy the insurance the government mandates because the penalty each April 15th is cheaper than the premiums they would have to pay all year. So those insurance companies won't be getting that money. Yes they will have a influxes of policy with pre-existing conditions but that cost will be laid off across all policy holders. So expect premiums to increase.

The only thing the usual suspects can see is that they will be getting free (TANSAAFL) health payment plans. Their eyes get so big when the hear the word free. And the wet their panties at the word.
Click to expand...

Some will buy insurance and some won't. Right now, some people eschew insurance because it is expensive and they believe they don't need it, and pay their way for doctor visits, etc. Some will decide that those costs, combined with the tax or fine they will be assessed, will be more than the cost of insurance, so they will knuckle under and buy insurance. Others will just pay the IRS and gripe about it.:(

I don't know if the Usual Suspects will get free plans or not. Some might qualify for MedicAid because the max. income will be increased. Some will qualify for subsidies to help them buy insurance. Either way, you and I and most other Americans will end up paying more. That's a prediction, by the way, not a statement of fact. :cool:
 
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