Fake News in Action: The Kaiser Study on Obamacare

[tsuke]

https://tsukesthoughts.wordpress.com/2017/07/11/fake-news-in-action-the-kaiser-study-on-obamacare/

Fake News in Action: The Kaiser Study on Obamacare

For the past couple of days Democrats have been touting a study by the kaiser foundation stating that the Obamacare insurance market has stabilized. The premise of the report is simple. The loss margin was down therefore the insurance companies were doing better. In 2016 insurance companies paid out 86% of all premiums collected in insurance claims. In 2017 they have so far paid out 75% of all premium claims collected in the first quarter. This data is used to claim that the Obamacare market is stable and is not in a death spiral. Second they state that the amount of days spent in a hospital per 1000 patients is similar to last year which means that the health pool is not getting sicker.

Health Pool

Lets take a look at this one first since it is hilarious. In 2011 the average amount of days per 1000 was 20.6 in 2012 it was 21.2 in 2013 it had risen to 21.6 and lastly in 2014 it had gone to 21.7. Over 4 years there was an increase of 1.1 days. By 2016 the amount had risen to 23.8 days and in 2017 it had gone up to 24.7.

The very study that they use to show that Obamacare had stabilized and that the health pool is not getting sicker shows a 0.9 increase over 1 year when it had only increased 1.1 days over 4 years previously.

Premiums and Loss Margin

Can anyone think of something that happened last year that would cause this? That's right the insurance companies jacked up their premiums massively. Of course the data will show you are paying less money as a percentage of the premiums you collect. It is not because you are paying less money in claims as your health pool is getting sicker as evidenced by your own data but because you are collecting more money.

There is good news though. Insurance companies are already signalling another round of massive increases to premiums for Obamacare plans this year. Some will even go 40-50% higher in just one year. Congratulations. I guess Obamacare will be much more stable.

To summarize the arguments offered by the Kaiser foundation in defense of Obamacare. Our health pool got sicker 4 times as fast as previous years and premiums are going up at unprecedented rates therefore Obamacare is working! lol.

 

[blackvegetable]

View attachment 4397

https://tsukesthoughts.wordpress.com/2017/07/11/fake-news-in-action-the-kaiser-study-on-obamacare/

Fake News in Action: The Kaiser Study on Obamacare

For the past couple of days Democrats have been touting a study by the kaiser foundation stating that the Obamacare insurance market has stabilized. The premise of the report is simple. The loss margin was down therefore the insurance companies were doing better. In 2016 insurance companies paid out 86% of all premiums collected in insurance claims. In 2017 they have so far paid out 75% of all premium claims collected in the first quarter. This data is used to claim that the Obamacare market is stable and is not in a death spiral. Second they state that the amount of days spent in a hospital per 1000 patients is similar to last year which means that the health pool is not getting sicker.

Health Pool

Lets take a look at this one first since it is hilarious. In 2011 the average amount of days per 1000 was 20.6 in 2012 it was 21.2 in 2013 it had risen to 21.6 and lastly in 2014 it had gone to 21.7. Over 4 years there was an increase of 1.1 days. By 2016 the amount had risen to 23.8 days and in 2017 it had gone up to 24.7.

The very study that they use to show that Obamacare had stabilized and that the health pool is not getting sicker shows a 0.9 increase over 1 year when it had only increased 1.1 days over 4 years previously.

Premiums and Loss Margin

Can anyone think of something that happened last year that would cause this? That's right the insurance companies jacked up their premiums massively. Of course the data will show you are paying less money as a percentage of the premiums you collect. It is not because you are paying less money in claims as your health pool is getting sicker as evidenced by your own data but because you are collecting more money.

There is good news though. Insurance companies are already signalling another round of massive increases to premiums for Obamacare plans this year. Some will even go 40-50% higher in just one year. Congratulations. I guess Obamacare will be much more stable.

To summarize the arguments offered by the Kaiser foundation in defense of Obamacare. Our health pool got sicker 4 times as fast as previous years and premiums are going up at unprecedented rates therefore Obamacare is working! lol.

Why describe what Kaiser said about the health pool? You could have just cited the original....


As average claims costs grew very slowly in the first quarter of 2017, it does not appear that the enrollees today are noticeably sicker than it was last year.

On average, the number of days individual market enrollees spent in a hospital in first quarter of 2017 was similar to first quarter inpatient days in the previous two years. (The first quarter of 2014 is not necessarily representative of the full year because open enrollment was longer that year and a number of exchange enrollees did not begin their coverage until mid-year 2014)

http://www.kff.org/health-reform/issue-brief/individual-insurance-market-performance-in-early-2017/

Do I need to spend time taking a look at your other assertion?

 

[tsuke]

Why describe what Kaiser said about the health pool? You could have just cited the original....


As average claims costs grew very slowly in the first quarter of 2017, it does not appear that the enrollees today are noticeably sicker than it was last year.

On average, the number of days individual market enrollees spent in a hospital in first quarter of 2017 was similar to first quarter inpatient days in the previous two years. (The first quarter of 2014 is not necessarily representative of the full year because open enrollment was longer that year and a number of exchange enrollees did not begin their coverage until mid-year 2014)

http://www.kff.org/health-reform/issue-brief/individual-insurance-market-performance-in-early-2017/

Do I need to spend time taking a look at your other assertion?

lol. in 4 years the metric they used to measure sickness went up 1.1

Last year. in 1 year. it went up 0.9.

im pointing out their facts dont support their analysis.

Facts dont care about your feelings mr black : (

 

[blackvegetable]

lol. in 4 years the metric they used to measure sickness went up 1.1

Last year. in 1 year. it went up 0.9.

im pointing out their facts dont support their analysis.

Facts dont care about your feelings mr black : (

You have no idea what you are blabbering about....

The metric is used to determine whether the new enrollees (post 2014) are less healthy than the existing population. It appears that is not that case...

It is NOT intended to measure whether americans on the whole are healthier post ACA.


This is not your jam......stick to digesting Drudge headlines....

 

[tsuke]

You have no idea what you are blabbering about....

The metric is used to determine whether the new enrollees (post 2014) are less healthy than the existing population. It appears that is not that case...

It is NOT intended to measure whether americans on the whole are healthier post ACA.


This is not your jam......stick to digesting Drudge headlines....

lol. again slowly this time. The study uses a metric called "number of days per 1000 enrollees spent in a hospital in a month" as the metric of choice to determine the health of the insurance pool. in 4 years it went up 1.1. in just one year 2016-2017 it went up 0.9. Almost as much as 4 years.

im about to own a 2nd black person T_T im going to be able to start a plantation soon.

 

[blackascoal]

View attachment 4397

https://tsukesthoughts.wordpress.com/2017/07/11/fake-news-in-action-the-kaiser-study-on-obamacare/

Fake News in Action: The Kaiser Study on Obamacare

For the past couple of days Democrats have been touting a study by the kaiser foundation stating that the Obamacare insurance market has stabilized. The premise of the report is simple. The loss margin was down therefore the insurance companies were doing better. In 2016 insurance companies paid out 86% of all premiums collected in insurance claims. In 2017 they have so far paid out 75% of all premium claims collected in the first quarter. This data is used to claim that the Obamacare market is stable and is not in a death spiral. Second they state that the amount of days spent in a hospital per 1000 patients is similar to last year which means that the health pool is not getting sicker.

Health Pool

Lets take a look at this one first since it is hilarious. In 2011 the average amount of days per 1000 was 20.6 in 2012 it was 21.2 in 2013 it had risen to 21.6 and lastly in 2014 it had gone to 21.7. Over 4 years there was an increase of 1.1 days. By 2016 the amount had risen to 23.8 days and in 2017 it had gone up to 24.7.

The very study that they use to show that Obamacare had stabilized and that the health pool is not getting sicker shows a 0.9 increase over 1 year when it had only increased 1.1 days over 4 years previously.

Premiums and Loss Margin

Can anyone think of something that happened last year that would cause this? That's right the insurance companies jacked up their premiums massively. Of course the data will show you are paying less money as a percentage of the premiums you collect. It is not because you are paying less money in claims as your health pool is getting sicker as evidenced by your own data but because you are collecting more money.

There is good news though. Insurance companies are already signalling another round of massive increases to premiums for Obamacare plans this year. Some will even go 40-50% higher in just one year. Congratulations. I guess Obamacare will be much more stable.

To summarize the arguments offered by the Kaiser foundation in defense of Obamacare. Our health pool got sicker 4 times as fast as previous years and premiums are going up at unprecedented rates therefore Obamacare is working! lol.

Where is the right-wing 'health care' plan?

What/ Don't have one?

END OF STORY

 

[blackvegetable]

lol. again slowly this time. The study uses a metric called "number of days per 1000 enrollees spent in a hospital in a month" as the metric of choice to determine the health of the insurance pool. in 4 years it went up 1.1. in just one year 2016-2017 it went up 0.9. Almost as much as 4 years.

im about to own a 2nd black person T_T im going to be able to start a plantation soon.

The metric is used to determine if the new enrollees were proving less healthy than the pool existing at the end of 2014....

You, being a moron, appear incapable of understanding this.

There is an additional consideration......is the difference statistically significant?

Do you have any idea what that means?