Who will get rich off of Obamacare

Winder · 12-07-2012, 10:11 AM

Obamacare architect heads to Big Pharma - Salon.com

Obamacare architect leaves White House for pharmaceutical industry job | Glenn Greenwald | Comment is free | guardian.co.uk

Obamacare improves another life: Bill?s architect cashes out to pharma giant | WashingtonExaminer.com

Obamacare: A plan of, by and for special interests | WashingtonExaminer.com

A Bloomberg Government study released last week found insurers would lose out on a trillion dollars in revenue between 2013 and 2020 if the Supreme Court struck down Obamacare in its entirety. Most of the trillion at stake comes from federal subsidies created by Obamacare.

Arlen Specter’s health-care guy, John Myers, cashed out to the Glover Park Group, where he now represents Obamacare recipients like Planned Parenthood, United Health, Trygg Pharma, and Sucampo Pharmaceuticals.

Another Obamacare author now lobbying at GPG is Liz Engel, who was health policy director at the Senate Democratic Policy Committee.

Nancy Pelosi’s top health-care aide left for K Street, as did other staffers from Senate Health Committee, House Democratic Policy Committee, and the Ways & Means Committee. Their clients include big pharma, insurers, hospitals, and so on.

Liz Fowler originally didn’t go that route. She went instead to the administration. You know, the Obama administration, which doesn’t hire lobbyists. At HHS, she helped implement Obamacare.
So, now, of course, she’s taking her third spin through the revolving door, to run the lobbying shop at Pharma giant Johnson & Johnson. This helps highlight what Obamacare was about: further enmeshing healthcare and government, thus creating more demand for revolving-door lobbyists.

One more law written by the 1% to benefit the 1% and sold to the ignorant as a progressive solution to solve (insert name of problem here)..... wash, rinse, and repeat.....

jeffkrol · 12-07-2012, 10:29 AM

Originally posted by Winder

Obamacare architect heads to Big Pharma - Salon.com

Obamacare architect leaves White House for pharmaceutical industry job | Glenn Greenwald | Comment is free | guardian.co.uk

Obamacare improves another life: Bill?s architect cashes out to pharma giant | WashingtonExaminer.com

Obamacare: A plan of, by and for special interests | WashingtonExaminer.com

A Bloomberg Government study released last week found insurers would lose out on a trillion dollars in revenue between 2013 and 2020 if the Supreme Court struck down Obamacare in its entirety. Most of the trillion at stake comes from federal subsidies created by Obamacare.

Arlen Specter’s health-care guy, John Myers, cashed out to the Glover Park Group, where he now represents Obamacare recipients like Planned Parenthood, United Health, Trygg Pharma, and Sucampo Pharmaceuticals.

Another Obamacare author now lobbying at GPG is Liz Engel, who was health policy director at the Senate Democratic Policy Committee.

Nancy Pelosi’s top health-care aide left for K Street, as did other staffers from Senate Health Committee, House Democratic Policy Committee, and the Ways & Means Committee. Their clients include big pharma, insurers, hospitals, and so on.

Liz Fowler originally didn’t go that route. She went instead to the administration. You know, the Obama administration, which doesn’t hire lobbyists. At HHS, she helped implement Obamacare.
So, now, of course, she’s taking her third spin through the revolving door, to run the lobbying shop at Pharma giant Johnson & Johnson. This helps highlight what Obamacare was about: further enmeshing healthcare and government, thus creating more demand for revolving-door lobbyists.

One more law written by the 1% to benefit the 1% and sold to the ignorant as a progressive solution to solve (insert name of problem here)..... wash, rinse, and repeat.....

considering the complete VACUUM of any other valid (or at the very least "different" w/ a different set of "winners"... 99% not included) why are you surprised???

From us "medicare for all" or "public option" set.. SOMETHING is certainly better than nothing.. even in this case...

The optimist in me (which is often hard to reach) just looks at it as "baby steps" to the correct solution.. Something ENTIRELY lacking in any of the other..err... "solutions"...............

My MD refuses to take chickens.. and the odd reversal to "private pay is now more expensive than ins. pay" (have to account for that Cred card cut) makes it all the more necessary to "take what you can get" so to speak........

I have no love for Obama/Heritage Found./Romney-care except in those parameters.. and the end of pre-x "loophole".............which, at the least is a-moral........

reeftool · 12-07-2012, 10:45 AM

This is true of most bills, not just Obamacare. Our Senate and Congressional reps hire staffers and aides who use these jobs as stepping stones to the big bucks. It beats ambulance chasing and traffic tickets.

GeneV · 12-07-2012, 10:54 AM

Remember how Billy Tauzin cleaned up after keeping Medicare part D from negotiating with big Pharma.

Since Obamacare was originally a Republican plan, it is not surprising that money will flow to its constituents.

JohnInIndy · 12-07-2012, 12:17 PM

Originally posted by GeneV

Remember how Billy Tauzin cleaned up after keeping Medicare part D from negotiating with big Pharma.

Since Obamacare was originally a Republican plan, it is not surprising that money will flow to its constituents.

Comparing ObamaScare to the Republican plan is like comparing standard water to heavy water. They have similarities yes but the devil is in the details.

One is a necessity. One can kill you.

Winder · 12-07-2012, 12:45 PM

Originally posted by GeneV

Remember how Billy Tauzin cleaned up after keeping Medicare part D from negotiating with big Pharma.

Since Obamacare was originally a Republican plan, it is not surprising that money will flow to its constituents.

No doubt. Medicare part D was a huge pork bill. I'm not sure how the disaster of Medicare part D is a defense for the disaster known as Obamacare. Being Republican or Democrat has no bearing on who gets rich off of government cronyism, but pretty much everyone of the people in the articles are former Democrat congressional staffers turned lobbyists.

Here is a list of 34 former congressional staffers for (D) Senator Max Baucus who are now lobbyists. Liz Fowler is one of his staffers who is the "architect" of Obamacare and is now a lobbyist for Johnson & Johnson.
Revolving Door : Search Results | OpenSecrets

Nesster · 12-07-2012, 12:52 PM

One way to figure out who will get rich: when the cost of providing health care to the uninsured (usually in the ER) goes away, who benefits? You would think that a) hospital bills will be lower as they don't need to build in overhead for the uninsured b) insurance premiums will be lower as they don't need to build overhead to cover the higher hospital bills, and they have a larger population to spread risk over. In reality both hospitals and insurance co's will find their pricing remarkably sticky, and likely will announce higher earnings.

JohnInIndy · 12-07-2012, 01:28 PM

Originally posted by Nesster

One way to figure out who will get rich: when the cost of providing health care to the uninsured (usually in the ER) goes away, who benefits? You would think that a) hospital bills will be lower as they don't need to build in overhead for the uninsured b) insurance premiums will be lower as they don't need to build overhead to cover the higher hospital bills, and they have a larger population to spread risk over. In reality both hospitals and insurance co's will find their pricing remarkably sticky, and likely will announce higher earnings.

I don't think you fully appreciate how the negotiations between insurance companies and providers work.

jeffkrol · 12-07-2012, 02:28 PM

Originally posted by JohnInIndy

I don't think you fully appreciate how the negotiations between insurance companies and providers work.

right ins. companies dictate what you are "worth".. hospitals just send overpriced bills for them to chop off IF they agree to direct payment.. money send tyo an individual?? You all everything .. charges and all charges above U/C ("usual and customary").............

JohnInIndy · 12-07-2012, 02:30 PM

Originally posted by jeffkrol

right ins. companies dictate what you are "worth".. hospitals just send overpriced bills for them to chop off IF they agree to direct payment.. money send tyo an individual?? You all everything .. charges and all charges above U/C ("usual and customary").............

Slow down and try that in English this time.

Winder · 12-07-2012, 02:37 PM

Originally posted by Nesster

One way to figure out who will get rich: when the cost of providing health care to the uninsured (usually in the ER) goes away, who benefits? You would think that a) hospital bills will be lower as they don't need to build in overhead for the uninsured b) insurance premiums will be lower as they don't need to build overhead to cover the higher hospital bills, and they have a larger population to spread risk over. In reality both hospitals and insurance co's will find their pricing remarkably sticky, and likely will announce higher earnings.

That is assuming they pass the savings on to their customers. If they don't pass on those savings then the rates will stay the same, and some of that savings will go to pay for the cost of bureaucracy that has been created.

JohnInIndy · 12-07-2012, 02:41 PM

Originally posted by Winder

That is assuming they pass the savings on to their customers. If they don't pass on those savings then the rates will stay the same, and some of that savings will go to pay for the cost of bureaucracy that has been created.

By the time you pay for all the bureaucracy there is no savings.

JohnInIndy · 12-07-2012, 02:44 PM

Originally posted by Nesster

One way to figure out who will get rich: when the cost of providing health care to the uninsured (usually in the ER) goes away, who benefits? You would think that a) hospital bills will be lower as they don't need to build in overhead for the uninsured b) insurance premiums will be lower as they don't need to build overhead to cover the higher hospital bills, and they have a larger population to spread risk over. In reality both hospitals and insurance co's will find their pricing remarkably sticky, and likely will announce higher earnings.

If you go to the hospital as a self pay you will pay more than the insurance company. Insurance companies negotiate the prices DOWN. You can't. They pay less for the same thing you do.

Nesster · 12-07-2012, 02:47 PM

1) what do you think I meant by 'sticky' pricing

2) Yes, but in the current system WHO pays for the uninsured? The hospitals are not in it to give away services... the overhead of uninsured/unpaying care has to go somewhere, no? Or does that magically disappear?

JohnInIndy · 12-07-2012, 02:59 PM

Originally posted by Nesster

1) what do you think I meant by 'sticky' pricing

2) Yes, but in the current system WHO pays for the uninsured? The hospitals are not in it to give away services... the overhead of uninsured/unpaying care has to go somewhere, no? Or does that magically disappear?

Why do you think Tylenol cost $10.00 in the hospital?

The self pay bears the brunt of the cost.

The taxpayer bears some of it also but not in a direct fashion. We pay because the hospital can deduct the losses.

Why do you get bills from the hospital, the doctor, the surgeon, etc separately?

12-07-2012, 10:11 AM	#1
Winder Veteran Member Join Date: Apr 2010 Location: Tennessee Posts: 6,617	Who will get rich off of Obamacare Obamacare architect heads to Big Pharma - Salon.com Obamacare architect leaves White House for pharmaceutical industry job \| Glenn Greenwald \| Comment is free \| guardian.co.uk Obamacare improves another life: Bill?s architect cashes out to pharma giant \| WashingtonExaminer.com Obamacare: A plan of, by and for special interests \| WashingtonExaminer.com A Bloomberg Government study released last week found insurers would lose out on a trillion dollars in revenue between 2013 and 2020 if the Supreme Court struck down Obamacare in its entirety. Most of the trillion at stake comes from federal subsidies created by Obamacare. Arlen Specter’s health-care guy, John Myers, cashed out to the Glover Park Group, where he now represents Obamacare recipients like Planned Parenthood, United Health, Trygg Pharma, and Sucampo Pharmaceuticals. Another Obamacare author now lobbying at GPG is Liz Engel, who was health policy director at the Senate Democratic Policy Committee. Nancy Pelosi’s top health-care aide left for K Street, as did other staffers from Senate Health Committee, House Democratic Policy Committee, and the Ways & Means Committee. Their clients include big pharma, insurers, hospitals, and so on. Liz Fowler originally didn’t go that route. She went instead to the administration. You know, the Obama administration, which doesn’t hire lobbyists. At HHS, she helped implement Obamacare. So, now, of course, she’s taking her third spin through the revolving door, to run the lobbying shop at Pharma giant Johnson & Johnson. This helps highlight what Obamacare was about: further enmeshing healthcare and government, thus creating more demand for revolving-door lobbyists. One more law written by the 1% to benefit the 1% and sold to the ignorant as a progressive solution to solve (insert name of problem here)..... wash, rinse, and repeat.....

12-07-2012, 12:17 PM	#5
JohnInIndy Veteran Member Join Date: Aug 2010 Posts: 794	Originally posted by GeneV Remember how Billy Tauzin cleaned up after keeping Medicare part D from negotiating with big Pharma. Since Obamacare was originally a Republican plan, it is not surprising that money will flow to its constituents. Comparing ObamaScare to the Republican plan is like comparing standard water to heavy water. They have similarities yes but the devil is in the details. One is a necessity. One can kill you. Last edited by JohnInIndy; 12-07-2012 at 12:24 PM.

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12-07-2012, 10:29 AM	#2
jeffkrol Veteran Member Join Date: Sep 2006 Location: Wisconsin USA Photos: Gallery Posts: 8,434	Originally posted by Winder Obamacare architect heads to Big Pharma - Salon.com Obamacare architect leaves White House for pharmaceutical industry job \| Glenn Greenwald \| Comment is free \| guardian.co.uk Obamacare improves another life: Bill?s architect cashes out to pharma giant \| WashingtonExaminer.com Obamacare: A plan of, by and for special interests \| WashingtonExaminer.com A Bloomberg Government study released last week found insurers would lose out on a trillion dollars in revenue between 2013 and 2020 if the Supreme Court struck down Obamacare in its entirety. Most of the trillion at stake comes from federal subsidies created by Obamacare. Arlen Specter’s health-care guy, John Myers, cashed out to the Glover Park Group, where he now represents Obamacare recipients like Planned Parenthood, United Health, Trygg Pharma, and Sucampo Pharmaceuticals. Another Obamacare author now lobbying at GPG is Liz Engel, who was health policy director at the Senate Democratic Policy Committee. Nancy Pelosi’s top health-care aide left for K Street, as did other staffers from Senate Health Committee, House Democratic Policy Committee, and the Ways & Means Committee. Their clients include big pharma, insurers, hospitals, and so on. Liz Fowler originally didn’t go that route. She went instead to the administration. You know, the Obama administration, which doesn’t hire lobbyists. At HHS, she helped implement Obamacare. So, now, of course, she’s taking her third spin through the revolving door, to run the lobbying shop at Pharma giant Johnson & Johnson. This helps highlight what Obamacare was about: further enmeshing healthcare and government, thus creating more demand for revolving-door lobbyists. One more law written by the 1% to benefit the 1% and sold to the ignorant as a progressive solution to solve (insert name of problem here)..... wash, rinse, and repeat..... considering the complete VACUUM of any other valid (or at the very least "different" w/ a different set of "winners"... 99% not included) why are you surprised??? From us "medicare for all" or "public option" set.. SOMETHING is certainly better than nothing.. even in this case... The optimist in me (which is often hard to reach) just looks at it as "baby steps" to the correct solution.. Something ENTIRELY lacking in any of the other..err... "solutions"............... My MD refuses to take chickens.. and the odd reversal to "private pay is now more expensive than ins. pay" (have to account for that Cred card cut) makes it all the more necessary to "take what you can get" so to speak........ I have no love for Obama/Heritage Found./Romney-care except in those parameters.. and the end of pre-x "loophole".............which, at the least is a-moral........

12-07-2012, 10:45 AM	#3
reeftool Pentaxian Join Date: Dec 2007 Location: Upstate New York Photos: Gallery \| Albums Posts: 9,555	This is true of most bills, not just Obamacare. Our Senate and Congressional reps hire staffers and aides who use these jobs as stepping stones to the big bucks. It beats ambulance chasing and traffic tickets.

12-07-2012, 10:54 AM	#4
GeneV Veteran Member Join Date: Oct 2008 Location: Albuquerque NM Photos: Albums Posts: 9,830	Remember how Billy Tauzin cleaned up after keeping Medicare part D from negotiating with big Pharma. Since Obamacare was originally a Republican plan, it is not surprising that money will flow to its constituents.

12-07-2012, 12:45 PM	#6
Winder Veteran Member Join Date: Apr 2010 Location: Tennessee Posts: 6,617 Original Poster	Originally posted by GeneV Remember how Billy Tauzin cleaned up after keeping Medicare part D from negotiating with big Pharma. Since Obamacare was originally a Republican plan, it is not surprising that money will flow to its constituents. No doubt. Medicare part D was a huge pork bill. I'm not sure how the disaster of Medicare part D is a defense for the disaster known as Obamacare. Being Republican or Democrat has no bearing on who gets rich off of government cronyism, but pretty much everyone of the people in the articles are former Democrat congressional staffers turned lobbyists. Here is a list of 34 former congressional staffers for (D) Senator Max Baucus who are now lobbyists. Liz Fowler is one of his staffers who is the "architect" of Obamacare and is now a lobbyist for Johnson & Johnson. Revolving Door : Search Results \| OpenSecrets

12-07-2012, 12:52 PM	#7
Nesster Veteran Member Join Date: Oct 2006 Location: NJ USA Photos: Gallery Posts: 13,072	One way to figure out who will get rich: when the cost of providing health care to the uninsured (usually in the ER) goes away, who benefits? You would think that a) hospital bills will be lower as they don't need to build in overhead for the uninsured b) insurance premiums will be lower as they don't need to build overhead to cover the higher hospital bills, and they have a larger population to spread risk over. In reality both hospitals and insurance co's will find their pricing remarkably sticky, and likely will announce higher earnings.

12-07-2012, 01:28 PM	#8
JohnInIndy Veteran Member Join Date: Aug 2010 Posts: 794	Originally posted by Nesster One way to figure out who will get rich: when the cost of providing health care to the uninsured (usually in the ER) goes away, who benefits? You would think that a) hospital bills will be lower as they don't need to build in overhead for the uninsured b) insurance premiums will be lower as they don't need to build overhead to cover the higher hospital bills, and they have a larger population to spread risk over. In reality both hospitals and insurance co's will find their pricing remarkably sticky, and likely will announce higher earnings. I don't think you fully appreciate how the negotiations between insurance companies and providers work.

12-07-2012, 02:28 PM	#9
jeffkrol Veteran Member Join Date: Sep 2006 Location: Wisconsin USA Photos: Gallery Posts: 8,434	Originally posted by JohnInIndy I don't think you fully appreciate how the negotiations between insurance companies and providers work. right ins. companies dictate what you are "worth".. hospitals just send overpriced bills for them to chop off IF they agree to direct payment.. money send tyo an individual?? You all everything .. charges and all charges above U/C ("usual and customary").............

12-07-2012, 02:30 PM	#10
JohnInIndy Veteran Member Join Date: Aug 2010 Posts: 794	Originally posted by jeffkrol right ins. companies dictate what you are "worth".. hospitals just send overpriced bills for them to chop off IF they agree to direct payment.. money send tyo an individual?? You all everything .. charges and all charges above U/C ("usual and customary")............. Slow down and try that in English this time.

12-07-2012, 02:37 PM	#11
Winder Veteran Member Join Date: Apr 2010 Location: Tennessee Posts: 6,617 Original Poster	Originally posted by Nesster One way to figure out who will get rich: when the cost of providing health care to the uninsured (usually in the ER) goes away, who benefits? You would think that a) hospital bills will be lower as they don't need to build in overhead for the uninsured b) insurance premiums will be lower as they don't need to build overhead to cover the higher hospital bills, and they have a larger population to spread risk over. In reality both hospitals and insurance co's will find their pricing remarkably sticky, and likely will announce higher earnings. That is assuming they pass the savings on to their customers. If they don't pass on those savings then the rates will stay the same, and some of that savings will go to pay for the cost of bureaucracy that has been created.

12-07-2012, 02:41 PM	#12
JohnInIndy Veteran Member Join Date: Aug 2010 Posts: 794	Originally posted by Winder That is assuming they pass the savings on to their customers. If they don't pass on those savings then the rates will stay the same, and some of that savings will go to pay for the cost of bureaucracy that has been created. By the time you pay for all the bureaucracy there is no savings.

12-07-2012, 02:44 PM	#13
JohnInIndy Veteran Member Join Date: Aug 2010 Posts: 794	Originally posted by Nesster One way to figure out who will get rich: when the cost of providing health care to the uninsured (usually in the ER) goes away, who benefits? You would think that a) hospital bills will be lower as they don't need to build in overhead for the uninsured b) insurance premiums will be lower as they don't need to build overhead to cover the higher hospital bills, and they have a larger population to spread risk over. In reality both hospitals and insurance co's will find their pricing remarkably sticky, and likely will announce higher earnings. If you go to the hospital as a self pay you will pay more than the insurance company. Insurance companies negotiate the prices DOWN. You can't. They pay less for the same thing you do.

12-07-2012, 02:47 PM	#14
Nesster Veteran Member Join Date: Oct 2006 Location: NJ USA Photos: Gallery Posts: 13,072	1) what do you think I meant by 'sticky' pricing 2) Yes, but in the current system WHO pays for the uninsured? The hospitals are not in it to give away services... the overhead of uninsured/unpaying care has to go somewhere, no? Or does that magically disappear?

12-07-2012, 02:59 PM	#15
JohnInIndy Veteran Member Join Date: Aug 2010 Posts: 794	Originally posted by Nesster 1) what do you think I meant by 'sticky' pricing 2) Yes, but in the current system WHO pays for the uninsured? The hospitals are not in it to give away services... the overhead of uninsured/unpaying care has to go somewhere, no? Or does that magically disappear? Why do you think Tylenol cost $10.00 in the hospital? The self pay bears the brunt of the cost. The taxpayer bears some of it also but not in a direct fashion. We pay because the hospital can deduct the losses. Why do you get bills from the hospital, the doctor, the surgeon, etc separately?