Looks Like NFPO Co-Op Is A Done Deal

[Dave020]

White House appears ready to drop 'public option' - Yahoo! News

Looks like government option is DOA, co-op will be a go and funded. The restrictions on operating costs/capital will prob bring it in line with the existing NFPO carriers.

I expect that the for-profits are going to have to get a bit leaner and meaner to compete. I also expect that administrative costs including agent commissions will have to be reduced to compete.

There is also indication that the co-ops may be on a by-state basis to follow exisiting state regs and mandates. Perhaps we can get paid from both the private (at a lower commission rate) and the co-op?

 

[Winter_123]

White House appears ready to drop 'public option' - Yahoo! News

Looks like government option is DOA, co-op will be a go and funded. The restrictions on operating costs/capital will prob bring it in line with the existing NFPO carriers.

I expect that the for-profits are going to have to get a bit leaner and meaner to compete. I also expect that administrative costs including agent commissions will have to be reduced to compete.

There is also indication that the co-ops may be on a by-state basis to follow exisiting state regs and mandates. Perhaps we can get paid from both the private (at a lower commission rate) and the co-op?

If you are a provider, you gotta believe that your reimbursements are headed south with the co-op. I mean that is where the real action is for savings right? It will start getting interesting right off. Reduced insurance premiums are only part of the picture although the most discussed. In a small state, if your co-op covers the whole state it will begin to look like provincial health care in Canada, eh?

It was funny the way that Obama sidestepped a question yesterday from the naturalized mexican immigrant woman who said that she had had lots of great medical care through her insurance policy but complained loudly that she could not go where she wanted to and had to stay within a network. If Obama had been honest, instead of the jive that he gave her, he should have just said: "Get used to it."

 

[ins.dave]

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Re: Looks Like NFPO Co-Op Is A Done Deal Go to Top ​

Originally Posted by Dave020
White House appears ready to drop 'public option' - Yahoo! News​

Looks like government option is DOA, co-op will be a go and funded. The restrictions on operating costs/capital will prob bring it in line with the existing NFPO carriers.​

I expect that the for-profits are going to have to get a bit leaner and meaner to compete. I also expect that administrative costs including agent commissions will have to be reduced to compete. ​

There is also indication that the co-ops may be on a by-state basis to follow exisiting state regs and mandates. Perhaps we can get paid from both the private (at a lower commission rate) and the co-op?​

If you are a provider, you gotta believe that if insurance carriers are headed toward co-ops that the providers will have to line up accordingly in order for the co-op to the get the alleged savings. I mean that is where the real action is for savings right? It will start getting interesting right off. Reduced insurance premiums are only part of the picture although the most discussed. In a small state, if your co-op covers the whole state it will begin to look like provincial health care in Canada, eh?​

It was funny the way that Obama sidestepped this question yesterday from the naturalized mexican immigrant woman who said that she had had lots of great medical care through her insurance policy but complained loudly that she could not go where she wanted to and had to stay within a network. If Obama had been honest, instead of the jive that he gave her, he should have just said: "Get used to it."​

Or perhaps, in the words of the great Canadian classic rock band B.T.O., he should have said –

“Ba,Ba,Baby, you ain’t seen Na,Na,Nuth’n yet …


P.S.
Arn, is this spelled correctly?

 

[Expat]

If you are a provider, you gotta believe that your reimbursements are headed south with the co-op. I mean that is where the real action is for savings right? It will start getting interesting right off. Reduced insurance premiums are only part of the picture although the most discussed. In a small state, if your co-op covers the whole state it will begin to look like provincial health care in Canada, eh?

It was funny the way that Obama sidestepped a question yesterday from the naturalized mexican immigrant woman who said that she had had lots of great medical care through her insurance policy but complained loudly that she could not go where she wanted to and had to stay within a network. If Obama had been honest, instead of the jive that he gave her, he should have just said: "Get used to it."

 

[ABC]

I have never dealt with a Co-op before. I have dealt with a non profit carrier before and was a bit shocked by poor product design. Along with that I felt their technology was very weak at best.

At least with a non profit they still use brokers and I hope the Co-op would do the same thing.

I think we can all agree long term a co-op will have problems unless the gov is funding them.

 

[somarco]

The public has been duped into thinking NPO means lower costs. In their mind, profits are evil.

The government doesn't profit, therefore anything from the govt must be better.

What is wrong with out health care system are the evil rich making big profits and collecting huge paychecks.

The public will buy into the NP co-op on the idea it will deliver higher benefits at a lower cost.

Of course, that is not necessarily the case . . .
http://georgiainsuranceshop.com/blog/2009/08/docs-priority-overhaul-health-care-system/

 

[Winter_123]

I have never dealt with a Co-op before. I have dealt with a non profit carrier before and was a bit shocked by poor product design. Along with that I felt their technology was very weak at best.

At least with a non profit they still use brokers and I hope the Co-op would do the same thing.

I think we can all agree long term a co-op will have problems unless the gov is funding them.

Some of the folks that we think will be positioning themselves to compete with the co-ops will also be partnered with them. The co-ops will be free to bid out elements of the supply chain. Thus, UHC, for example, will be competing with them head on with their branded products but will also be designing and participating in co-op branded products, if they are competitive enough to get in.

All the big companies know how to play the socialist game. UHC hired Simon Stevens (I think that is his name) to head up their Ovations division. Previously he was with the British National Health System and was Tony Blair's advisor on health policy so he certainly knows the socialist game very well. How did UHC scoop him up? Well, the British Health System has contracts with UHC to try to bring competition to some parts of their system so they have played on the same team before.

And so it goes.....Socialism destroys free enterprise but is very, very good for the big players who are in good with the government.

 

[InsureGuy5]

It will be interesting to see ho co-ops affect agents out there. I wonder how private plans will look when compared to these should they come into existence...

 

[somarco]

If the private plans have to include all the goodies in HR 3200 the premium will be very expensive. In some cases it will make a mortgage look like a bargain.

 

[ins.dave]

Somarco, I agree with your last 2 posts.
The "non profit" offerings we have seen were no great deal?
That is exactly how they are trying to sell this to the masses.
Can't frigg'n wait to see what they come out with. They almost have to come out with something, just to save face at this point, but I think it's gonna smell like burnt robin in terms of coverage and price.
Probably only gimps with money will take it; but again at least they will be able to say they offered "a" plan.