CoOportunity is Broke!
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Part I: The people continue to elect leaders who cannot govern
Part II: The fight between the fascist and socialist healthcare parties
An Educated Citizen Speaks Up for the People
One of the great citizens of Nebraska who voted for me relayed this sheet she obtained (see picture above that was sent to me–it’s small–I summarize the biggest points below) outlining the government contributions and signups to cooperatives (“Co-Ops”) across the country. She is a champion for private enterprise and has a heart for the well-being of the people. She wants people to wake up and know what is going on at the government level in healthcare insurance. In this case she highlights the Co-Ops around the country and the situation with CoOportunity that just failed in Iowa and Nebraska. I like her. She thinks. She doesn’t take her cues from either Fox News or CNN on how to think. She can process for herself. Good material like this is often beyond comprehension or investigative reach of Nebraska reporting news media outlets like the World Herald or Journal Star. She thought we could bring some investigative journalism and light into the fold to educate the citizen who seeks solid information outside the paid for main stream media. We are happy to pass on your great piece!
At a mile high view you can see the government could not allocate a dollar much less $2.5 billion to Co-Ops fairly if they wanted to. When you analyze the sheet you realize how inept the government allocates money (ignore how you feel about the healthcare policy for now). CoOportunity health was funded with $145 million ($2.5 billion was given to various Co-Ops) and had an enrollment of 114,000. All the Co-Op sign ups around the country garnered 549,000 members combined. What this means is that CoOportunity Health had 20.8% of the enrollment numbers of all co-ops but only received 5.8% of the funds allocated. This breaks down to $1,275 of support for each CoOportunity member. This is a small cushion of reserves to start a health care insurance fund.
Compare these numbers to the Co-Op in Connecticut (It’s nice when you are in the Wall Street District of Hedge Funds and large donors). HealthyCT (Connecticut) received $180 million for 6,094 members that signed up. This breaks down to $29,537 of capital backup per member. They had 1.1% of those enrolled in Co-Ops but received 7.2% of the Co-Op funding.
Chicago is another political Co-Op power play and takes care of Obama’s old stomping ground. Land of Lincoln Health was given over $160 million for 3,428 sign ups. They received $47,720 per member sign up. Did anyone even pay a premium with that subsidy? Ever think about a reallocation D.C.?
Reallocation would make too much sense but would also mean the demise of the Republican’s plan for a failure like CoOportunity to show the failure of the system. At the same time, this doesn’t excuse Co-Opportunity for poor pricing from the start. Regardless, few new insurance providers are prepared with few actuarial numbers on what preexisting conditions would do to a plan.
What do you think makes a better backstop for an insurance company that needs reserves? $48,000 per member in Illinois, $30,000 in Connecticut, or $1,200 in Iowa and Nebraska? Where are our federal reps in Iowa and Nebraska making sure a proper allocation was written into law for their citizens (too busy smoozing lobbyists–including established insurance companies– for contributions)? They set up 120,000 people, their businesses, and their reps for an insurance earthquake that distracted 120,000 away from work productivity. They led 120,000 into a frenzy of worry, anticipation, and additional work to transfer plans. Of course 95% of the 120k probably voted for these two parties. Congratulations 120,000 – Ce la vie. Not only did you get what you pay for. You got what you voted for too.
These are your leaders you continue to elect America. I don’t know about you but my 1st grader could allocate better then these bureaucrats in Washington. Poor reserves is one of the five main pillars of the CoOportunity financial failure. Poor pricing, unknown costs of preexisting conditions, low deductibles, and out of control inflation to take care of special interests supposed “Costs” are the other four.
If you cannot do the math you may want to go work in DC. They hire people who are unable to do a basic allocation formula and fail in basic 1 minus 2 calculations. If you can count backwards to minus $70 trillion you are on the fast track to Sr. Management at the Fed. Furthermore, they follow it up with lawyers who write laws that cannot do basic allocation of funds based on use. I feel bad for our people but I don’t. We get what we deserve by continuing to construct a government with two basic parties who have not been able to count the last 35 years. I still weep at some of the pain our people go through. Unfortunately, they sew their own seeds with their civic or lack thereof conduct.
Our people are still out of their mind to think these national parties represent us, much less will change and fix things. If you think people who create $70 trillion in the hole can do basic monetary allocations–you may want to rethink your logic. The people continue to reap what they sew with promoting these parties. There are bright stars in these parties. However, those sitting on top and in control of the party— well—they are not. They maybe bright but the heart motivations are for power and get the answers wrong most of the time. Unfortunately, they control their party members who don’t have the confidence to stand apart from the crowd and need the purse strings and party approval from the top for their ad campaign, power, and emotional approval.
Premium Pricing Problems
The second problem in the formula is the premiums. It doesn’t take a rocket scientist to figure out that if you charge dramatically less than competitors with good actuarial numbers, cut the deductible in half, expand the coverage, and add in preexisting conditions that the insurance pool is not going to fare so well. Basic math says that will not work. Of course the Democrats have never understood basic math in healthcare. Obamacare was suppose to be “Affordable”– double premiums anyone?
Don’t worry Dems, the Republicans have not understood basic math and discipline in paying for a world wide police force. Don’t worry Dems or Republicans, the electorate is not without blame. They don’t look for people who count. They watch the TV to determine who they like better and take action based on who the TV tells them they should be afraid of more. Counting is not even a skill consideration when people vote. Whoever can make the one side fear the other side the most still works. Fear trumps old concepts like character evaluation, skill set, and listening to the constituent over the money. Don’t worry party members–many don’t vote. They believe in giving up on their civic duty or that they will not make a difference in government (sadly they are partly true–see previous posts). I digress…..
Overall, people were happy with the service CoOportunity provided. The coverage was good. However, premiums did not cover the out of control costs in today’s healthcare world. Friends, cost is the problem and neither the Fascist party (GOP) pulling legislation for the hospitals, AMA, pharmaceuticals, and Doctors OR the Socialist party (Dems) who believe in archaic concepts like price-controls and utopia of free healthcare for all will work in America. We already have Medicare which is a Socialist system and it is bankrupt. This is an everlasting burden on our kids. We don’t need more evidence that Obamacare should not be retained. Granted Socialism works in Sweeden, but let’s respect other cultures and realize this system runs against the culture of our country and more importantly violates the intent of “Promote” (Not Provide) the General Welfare in our Constitution that every Senator supposedly took an oath to defend.
We need the Constitution to guide us again at a time when neither of these current parties existed. Neither party is advocating true free markets. That is what we need. Make no mistake we have not had free markets and competition in healthcare. Republicans need to wake up to quit protectionism and price setting for their large donors in the healthcare industry. If they want to price set they can focus on Doctors, Hospitals, and Drug Companies setting their prices on their website. That would be nice “Price Setting”. Socialism is more of a backlash to this Fascism system that was created by the GOP in the first place. It is sad to hear Democrats say private healthcare doesn’t work. If only they knew they are not experiencing private care. They are experiencing Fascist dictated care.
All sides are culpable in the out of control healthcare situation. (Watch my debate with fellow 2014 Senate Candidate Dave Domina on this topic in Northeast Nebraska on my Youtube channel). The Constitution can lead us back.
The ACA is not socialism. The ACA is a Socialist/Fascist System
I’m going to blog more next week on the 60 minutes special on Healthcare that recently aired. It was one of the better journalistic attempts at what is really going on in healthcare. Most conservatives believe they are fighting for private healthcare if they beat Obamacare. This isn’t true. They are going to end up fighting for Fascist healthcare care where the hospitals, insurance companies, pharmaceuticals and Doctors (Doctors are the small one in that pie) keep their part of the pie at the continued cost to the taxpayer. Of course it is the citizen who still elects the candidates on commercials those entities buy. We need true Patriots to step up and put down both attempts at Socialism and Fascism that are failing the people. Both systems should be feared because both are failing the American people who often fail themselves at the booth and the treadmill.
Granted many of the local health care professionals will be private but most have tie-in’s to the hospitals, peddle big pharmaceuticals, and live off insurance companies which run public policy AND REVENUE at the top. Not all Doctors are winners in this game but those on top of the pyramid structure usually are. Those that support the system that feeds the top usually do well.
The only worse thing then Socialism in healthcare for America is an attempt at a combination of Socialism/Fascism (the real Obamacare). Socialism would be better than a combo of the two. Private Markets beat both hands down. For the record, we have not had free markets since the 60’s in healthcare.
The government bureaucrats win, the providers win, but the taxpayer takes a massive hit in either of these non-free market systems. The next 10-15% of the American population to fall from the being able to provide for themselves just happened. Another 15% has been happening for some time (even pre-Obama) because the healthcare industry and government has consumed more of the economy (through a non-competitive marketplace) from the people. Constant GDP allocations to each segment are good targets but graphs of healthcare and government consumption show the ever increasing dominant consumption of wages. This has to change. Growing the pie is part of that equation for workers. However, cost controls that competitive markets create should be our first step. Don’t listen to their speeches on free markets or choice–watch their votes and actions towards Socialism and/or Special Interest Control.
Finally, the average American needs to get off their duff and get in shape (I’m in that boat and working at it–so don’t take offense). Not “all” the problem is healthcare. Like voting, a lack of citizen engagement in health is bogging down the individual. After all, who has time for voting, exercise, or parenting when making a buck, watching TV, and having fun consumes one’s time?
I think Co-Opportunity is the first domino to fall in the “Co-Ops” and ultimately the ACA.
In the latest government bailout passed jointly by Obama AND 100% Senate Republicans, they put the citizen back on the hook for Wall Street risky decisions (FDIC insurance for their very dangerous bets), eliminated legislation to reengage derivatives that can take down the economy (you bailed this out in 2007 America), and recreated 3% down home mortgages (of which I warned you) which took bail out money to fix the last time, and more bank goodies that will continue to hurts the American worker whose purchasing power has been eroded by quantitative easing. Fighting stagnate wages with more healthcare premiums is already bad enough!
Die hard Republicans who think this is good policy to stimulate housing should study commercial reserve lending legislation passed at the same time. They raised commercial reserves to make it harder to buy commercial real estate. Why Lower Housing Reserves and Raise Commercial Reserves?
Commercial institutions own the Federal Reserve–literally. They also own commercial real estate but do not own houses (they just own the mortgages). They reduced competition and expansion in Commercial but created expansion in Housing and Mortgages. They are going to put you the taxpayer on the hook again if 3% equity fails the next house price swing. When private companies do not have to pay for the “Moral Hazard” they created–they will do it again. Obama and the GOP are reauthorizing it. See Florida/Arizona/Las Vegas 2005-2007. Get educated on the stockholders (Wall St) of the Federal Reserve and learn they work for themselves and do not represent the American people. Yes there are good staff members at the Fed. However, don’t ever forget the banks own the Fed and they have a small board (the staff reports to this board) that meets in private with no public visitation. Most of the staff and all of the American citizens have no clue what is discussed in that room.
We need a Constitutional Recovery to get our monetary system back. We need to get our people back to an honest economy where hard work advances with dependable purchasing power for the hard work.
How does this “Fed Talk” relate to healthcare Todd?
Guess what the legislators who helped out Wall Street didn’t do for CoOportunity and the 120,000 members in the same bill that passed in December?
They didn’t fund the money to get Co-Opportunity additional funds they were anticipating. Consequently, 120,000 lost their non Wall Street provider in health insurance. However, Wall Street got what they needed for the insurance providers and the banks who are really in control of this government. Welcome to America. Citizen needs take a back seat to Wall Street needs.
It just perturbs me what Conservative Republicans do to the label “Conservative”. It even bothers me more when they talk “Constitution” but don’t even understand the “Constitutional” framework of the monetary system that runs more of our lives then the government does. All the other good things will be attacked with “Conservative” when you continue to pull for a Wall Street THAT WILL FAIL US. Learn your ideology Republicans. The legal and actual owners of the Central Bank (The Federal Reserve) is Wall Street. It is not a Federal Institution America–Its owned by Wall Street Stockholders.
A Central Bank is Key Plank #5 to Communism (#5–Read Marx–Google it). If you are an Independent and you get yelled at for talking to Socialists (Democrats)–just tell them you would rather talk to proponents of Socialism then those who advocate for planks of Communism –the GOP–Wall Street–the owners of The American Central Bank–The Federal Reserve. Wall Street calls the shots of the GOP and a significant portion of the Democrats. This is the #1 reason they don’t represent the citizens over the corporations. Their power is really held by these corporations because they respond to the money (power) and not the people.
Most people will have a deer in a headlights look because they don’t know a Central Bank is a key component to Communism. Most DO know that the GOP is tied to Wall Street. Most Don’t know Wall Street literally owns the Federal Reserve. Most don’t know the Federal Reserve is not a government branch. Watch the light bulb turn on after explaining to them the facts. Some start to change and ask questions. Some pass and give a statement, “That is just the way it is”. Let them say that to God in their prayers a few times and ask them to get back to you. Have them visualizing God knocking over the money changing tables in a fury. Give them a WWJD bracelet and then love on them. It takes time for others. Central Banks are pillars to Communism and is enough of a reason of why this system should be rejected.
There are some Republicans who do understand the dangers of Wall Street. My contributions as well as others carrying the flag on education are starting to open eyes. Some Republicans disagree with Wall Street but still support the party. They still believe hope is in the “Change” of the party. It reminds me of the women abused for decades who think their man is going to change “the next time” regardless of a 35 year track record. I hope they are right and I’m wrong (Deep Down I think I’m right). I’m just happy my conscious is not compromised to either at the current time.
The seeds of 2007 were just replanted in the latest federal extension in December (Ironically just after I warned you before the election). The GOP and Obama will be responsible for the next Wall Street collapse caused by these planted seeds. Most will scream at the government or other people during the next collapse. I’m going to look squarely in the eye of those who voted these parties. Most just need to look in the mirror since they support a government control or corporate control backed party. Most of these same people are extremely controlled by their pocketbooks. God tends to mock the gods that fail people by highlighting their failure. I think its coming in our monetary system and its not going to be funny when the money god of America is mocked by the real God.
Citizens should be supporting a citizen backed politician sooner rather than later. They are going to have to look for them. Socialism and Fascism control the media in their ideologies. They have achieved that (especially the larger media outlets) and the citizen is only going to find a citizen candidate through research or in a true “Free Press” which doesn’t exist under Fascism or Socialism.
The reality is your lives were not meant to be run by government or money. When both parties are controlled by the same money and manipulate each side with fear of the “Other” side — they keep us in a battle that doesn’t attack the problem. If Citizens just played with the concept that the fight with the other side is by design to keep your eyes off the agenda of the large money–it may open your eyes. There are big differences on many of the “Value” fronts but the very top know money is power. As long as we fight against each other on issues not related to “money” then they will retain the power.
Both die hard liberals and conservatives should try to solve why Obama and the Republicans walked in lock step on the latest federal budget extension? Follow the campaign money and get back to me. You may learn the money and not the party will get their way. Furthermore, when Tea Party advocates who truly understand the Constitution and Die Hard Liberals join hands to stop Wall Street provisions in the latest government extension–you can see why we have more to be united on then divided. The majority just do not understand the monetary system. They do not understand why it is the problem to help income inequality and stimulate the economy. Predominantly many do not know how it violates the Constitution at the same time.
Your enemy is not your American neighbor. Most likely your neighbor needs education to believe in the Constitution again. Most have not even read the Constitution. Quit fighting and look at the power on top. You could easily spend a week on the document and just scratch the surface (I’m still learning) of the true intent of our founders. Try spending two hours. Read a discourse on just 1 item. It will change your perspective.
Cost Remains the Problem in Healthcare
A focus on costs and building competitive markets so healthcare becomes more affordable is where we need to go. A reformation of Medicare and Social Security that doesn’t leave people out to dry but ultimately can go away in 75 years should be our goal. Trusting in government or corporations to take care of us will fail. Social Security/Medicare is Socialism and it is a financial failure with costs dictated by Fascists on top that prosper with an out of control inflation curve. Americans did better pre-1960’s on a GDP basis. Our healthcare has advanced dramatically, but it has outpaced progress in other important areas of American life. We must learn from history and slowly reverse financial course. We need dramatic adjustments to start the process. If Senator Fischer or Senator Sasse will honor their pledge and make the first step to work towards solvency of Medicare–their terms would be a success for taking on the biggest financial problem of our day. Although this pledge has been recited for years by endless GOP candidates with no action–I’m going to give them the benefit of the doubt for their term. I will hold them accountable if they don’t take it on as they pledged. I don’t even care if their bill passes. I will be shocked to see it presented due to “Team Player” attitude in the party and knowing the course of these leaders “Actions” for some time. Of course the electorate knows their actions too and have been hoping it will be different the last 30 years. I hope I’m wrong–I really do. I want to see the guts to propose and fight for the legislation for the sake of our kids and liberty of this country for generations to come. Ignoring the problem is not an answer.
With regards to CoOportunity we can see the harm in losing competition in the marketplace. In December, renewals were taking place and Blue Cross/Coventry/United treated CoOportunity like a competitor. Quoted premiums for a family Gold plan were around $1,400. After the Department of Insurance announced people should move to a new provider–companies had to rebid. Overnight the premiums for healthcare went up to $1,700 for the same plan. Nothing changed but a lack of competition overnight. The consumer lost.
Competition matters. Republicans will celebrate the failure of the plan. That is fine. Where is your solution? In a day where the largest mature industries are huge and can destroy small entrants easier–we need to solve capitalization and anti-trust hurdles. What is your plan to create more competitors in the marketplace Republicans? What is your plan to create a competitor with significant reserves needed to challenge these Big Boys who can raise prices 20% overnight with less competition? Why is an exchange a bad idea that offers individuals choice? Marketplaces with more competition and choice is what we need. Start-ups to sell chicken on the corner is one thing. Start-ups to offer health insurance with AAA rating reserves as a backdrop is another.
Don’t Trust Lobbies or Government With Healthcare
The government and the big lobbies in healthcare are not the taxpayers and citizens friends. However, we have an electorate that still buys the messages they buy on TV. They are going to have to become more savvy and think of a third option rooted in Constitutional history.
Thank You to Those in Healthcare Who Were Blessed With the Gift of Healing And Help People.
As a last point–I’m thankful for my Doctors and healthcare providers. I’m truly blessed to have great people who God truly gave the gift of healing. They work tirelessly to use their God Given abilities to improve lives. I love the service but frankly a $25,000 bill for a normal birth (a life process that has happened since the beginning of time) of my 4th child was the only part that didn’t give me a warm glow. It got me motivated to fight on. Life is a basic building block and philosophy of mine. We need more life. 25k hospital bills for a routine life process does not incent LIFE to happen. Our birth rate is at a dangerous level in this country (learn from the mistakes of Europe). $25k birthing bills is part of that problem.
I choose to think of the great Nurses and Doctors that gave us great care. My family has been touched by many of these providers. I would be remised to categorize all in this ‘greed’ boat (especially Nurses). Most are good providers. However, most of the “Good” do not have the courage to speak truth to the system hanging over them. Frankly many don’t even try to understand it. They are programmed to live under current conditions and never question the conditions they live under. Many of these providers deep down care for their patients. If they really care in a holistic approach–fight the powers obstructing healthcare (lobbies and government). Help create a system that truly serves the people in a solvent matter.
I want to continue to implore these individuals on the inside to raise a voice at these ivory towers (biz) and government (easily done for Nebraskans) for JUST change . Healthcare needs to find a balance in American life again with the patient economically prospering when they take accountability for their own health and are responsible in obtaining and paying for reasonable healthcare. Those who think this system is or was Capitalism needs to wake up. Socialist countries manage healthcare costs in the low teens of GDP. Our country is heading to over 20% of GDP. Socialism rarely beats capitalism in cost. In healthcare the Socialists are DESTROYING the American Capitalists in cost to the consumer. This is probably the best proof that our system is not Capitalistic but Socialistic (Medicare)/Fascist (The Rest of the System). This was easily the case before “Obamacare” as well. No one would be running to Socialism or proposing Obamacare if our medical GDP was less than Socialist countries–we could afford it at this rate. If I’m speaking to conservatives I tell them eliminating Obamacare doesn’t even come close to solving the problem. Standing up to your lobbying firms that feed your campaigns are. We would need both to go to achieve low costs again.
If you win the healthcare fight Republicans you better get to work real quick on competition to get our costs inline. The US needs to beat Socialist country GDP percentages of healthcare consumption to prove you are right. We are not here to pay for R&D for the rest of the world to meet the Globalist agenda. Frankly, the Socialists have a better argument then the so called “Capitalists” in providing cheaper healthcare. We were well in excess of 140% in costs of GDP of Socialist countries before Obamacare was on the radar. This is unacceptable.
I don’t run out the door when I talk to Socialists. They have some ideas. If you can achieve better healthcare stats at 66% of the American costs–I’m going to listen–regardless of what government system you participate in. I don’t believe in the ideology myself but frankly Fascism can be much worse. If the Republicans want to really beat Socialism they can clean up their own party first and stand for a true free market. Fascism doesn’t have a chance at beating Socialism in healthcare costs. True free markets is the only chance to beat a solid Socialist healthcare plan.
Citizens have a responsibility too. We should aim to improve our health on our own to those in Socialist countries. Quit worrying about the money the Fascists want you to make to flow up hill. Get outside and exercise. Your family needs your long term presence in old age more than a corporate fat cat needs the money you can make for the system tomorrow.
As a last disclaimer, I received more then a few comments for supporting pre-existing conditions. I still support this clause. I don’t think markets solve pre-existing conditions and they need a solution. I think they are best served in their own ‘High Risk Pool’ where they pay a rate on par with most Americans with a highly subsidized contribution from the government. We need a dedicated focus on those with pre-existing conditions to ensure they have the service they need but are not given a free pass to be unhealthy in other areas. “Born With” conditions have my greatest sympathy because no one picks their condition at birth. Insurance companies do not work for pre-existing conditions and we just discourage hard work in the private sector with these outrageous new premiums to workers to bare the cost of pre-existing coverage.
Second, many of these people criticizing my attempt at pre-existing conditions are Die Hard “World Free Market” Republicans who take exception to my policy. I’m not a global free market guy but a United States Free market guy.
I like to challenge the global free market guys (90% Republican). If your party is so free market–why doesn’t your party allow medicine to be bought from around the globe where it is often one-half to a third of the price in this market? These products are like commodities based on modern day packaging and tampering laws. There is no good reason the rest of the World can obtain these drugs at half to a third of the price as Americans pay. Let free trade reign in purchasing drugs for health around the world if that is your mantra. That can help people receive what they need for less.
Free markets don’t exist in this country for healthcare. (PS–Did you know an MRI can be $2,500 in Lincoln but $700 in Kearney?) Many will drive to Omaha for cheaper airfare–why not Kearney for an MRI? Healthcare can be cheaper when we make educated purchases. It is time for printed prices! Have no fear Doctors. Americans will pay more for good service!
Fascism dictates what markets are free and which are closed. May domestic competition thrive again for the sake of America. Have a good weekend! Todd. Please “Share” on your pages to expand the readership. We need your support!
Upcoming Public Speeches
I will be speaking this week on the 29th to CMBC in Lincoln. I will be giving a speech on business and my personal testimony. We are going to keep the focus on God and business. I will not overly focus on politics, but will talk about my experience in this election. You are cordially invited to listen and I’d be happy to dialogue with you after the event. Write for Details.
Upcoming Blog Topics and Previews:
Oil: Quit thinking Boom and Bust. This is Socialism/Fascism. Think Collection of Supply Then Running Up The Price. Prices are manipulated by governments; not markets. We are making ourselves dependent on Foreign Oil Again! We will also explore the obvious “Cartel” in oil and laugh at how we don’t see what the world sees; The American “Cartel” on interest rates.
The Latest Federal Budget Extension: Planting the seeds that destroyed the economy in 2007. The 7 year cycle warning I gave in 2014 is coming to fruition.
Our Souls Desire a Master: Some choose God. Some choose Government. Some choose Work. Some choose Money. All people have faith. It is what people put their faith into that determines their beliefs and actions. Fascism is often the result of those with belief in self or money and not God (Think Hitler and Big Money Germany in 40’s). Socialism or Communism is often the culture of those who believe in the state and not God. Our Constitution was designed with an emphasis on a belief in the Individual Under God. Varying beliefs often dictate the government they choose to believe in. We will explore these concepts and will tread lightly without making 100% overarching assumptions (like all conservatives are Republicans–enough already 😉 ).