Ezekiel Emanuel, one of the architects behind Obamacare, is now claiming that “insurance companies as we know them are about to die.” Critics of President Barack Obama’s signature health care law have long alleged that one of the real goals of the law was to put private insurance companies out of business.
I’ve been saying that since 2009!
You have the Federal government with Trillions in slush money and no accountability because they can also just get more where that came from VS a private business who can’t just print money. Which one is going to survive?
Sept 2009: “The more the American people hear about the public option, the more they like it,” said Democratic Sen Charles Schumer after the vote.
Sound familiar? 🙂
My blog Sept 27,2009:
So what is the real motive then?
It’s the control, stupid.
The control over who lives and who dies.
The control over your life.
You can’t be trusted.
You’re too fat.
You drink soda…coffee…sugary snacks. You smoke. They are all bad for you.
You drive an old, out of date car.
You’re an energy hog.
Or as the Energy Secretary called you “a teenager”
You need a Parent to guide you.
To raise you and your children.
You need Mama Government and Her Big Brother, The President.
So we are going to have to tax you for these too. It’s for your own good. You’re a higher risk to your fellow citizens. Because you won’t fall in line.
You must do this, because we say so.
When we say jump, you don’t even ask “How high?” you just jump, and keep jumping until we say stop.
“The good news is you won’t have insurance companies to kick around much longer. The system is changing,” Emanuel writes in an op-ed on New Republic. “As a result, insurance companies as they are now will be going away. Indeed, they are already evolving. For the next few years insurance companies will both continue to provide services to employers and, increasingly, compete against each other in the health insurance exchanges.”
Due to Obamacare, “new actors will force insurance companies to evolve or become extinct,” he continues. Instead, new groups called “accountable care organizations” (ACOs) must start competing directly in the health care exchanges for exclusive contracts with employers.
The ACOs will have “standardized, guideline-driven care plans for most major conditions and procedures to increase efficiency,” says Emanuel, the brother of Obama’s former chief of staff and current Chicago Mayor Rahm Emanuel.
Any read that as , “Death Panels” and “F*ck you Panels?”
“They will have figured out how to harness their electronic medical records to better identify patients who will become sick and how to intervene early as well as how to care for the well-identified chronically ill so as to reduce costs,” he notes.
More from the New Republic op-ed:
The key skill these ACOs and hospital systems lack—the skill insurance companies specialize in—is the actuarial capacity to predict and manage financial risk. But over the next decade this is something they will develop—or purchase. After all, actuarial science is not rocket science, even if it involves a lot of mathematical equations. And with that skill, ACOs and hospital systems will become integrated delivery systems like Kaiser or Group Health of Puget Sound. Then they will cut out the insurance company middle man—and keep the insurance company profits for themselves. Therefore, increasingly these ACOs and hospital systems will transform themselves into integrated delivery systems, entering insurance exchanges and negotiating with employers, in direct competition with insurance companies.
As the ACOs become more established, Emanuel claims contracts between the health systems and employers will become more common, thus “cutting out the insurance companies.”
Once the health systems “make the jump to offering coverage in the exchanges, the health insurance companies will only have a few options if they want to survive, according to Emanuel.
“First, they can refuse to change, in which case they will eventually go out of business,” he writes. “Second, they can shift their business to focus on offering services they have expertise in, particularly analytics, actuarial modeling, risk management, and other management services.”
Finally, the “third evolutionary path is that health insurance companies may transform themselves into integrated delivery systems.”
“So be prepared to kiss your insurance company good-bye forever,” Emanuel concludes.
Obama: “You can keep your America if you like your America” 🙂
Peters’ lawyers on Feb. 20 sent letters to Michigan television stations airing the original AFP ad, threatening their licenses if they did not ensure the claims in the ad were backed up.
Aka, back him up. After all, they are supposed to be on his side because the truth doesn’t matter, or at least it’s not supposed to. 🙂