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Badsamm

Profile Information

Gender: Male
Hometown: California
Home country: USA
Member since: Tue May 20, 2014, 11:09 AM
Number of posts: 15,364

Journal Archives

Next time Schiff for Brains cuts off a Republican asking questions

They should simply ask him what is he so afraid of? What doesn’t he want Americans to hear?

In Shock To $3.5 Trillion Healthcare Industry, Trump Admin Will Force Hospitals To Disclose "Secret"

In a move that will send shockwaves across the $3.5 trillion US healthcare industry, on Friday the Trump administration unveiled a plan that would - for the first time - force hospitals and insurers to disclose their secret negotiated rates, the WSJ reported.

In hopes of bringing some transparency and openness to a pathologically opaque industry, one which many have blamed for being behind the explosion in US underfunded liabilities to more than $100 trillion, administration officials said the final rule will compel hospitals in 2021 to publicize the rates they negotiate with individual insurers for all services, including drugs, supplies, facility fees and care by doctors who work for the facility. The White House would also propose extending the disclosure requirement to the $670 billion health-insurance industry. Insurance companies and group health plans that cover employees would have to disclose negotiated rates, as well as previously paid rates for out-of-network treatment, in computer-searchable file formats.

As the WSJ notes, the proposal covering insurers is the newest part of the price-disclosure initiative, and would include the private-employer market, where about 158 million people get their health insurance. Insurers and group health plans would have to put the negotiated rates into a file that third-party developers could incorporate into shopping tools. As with hospitals, insurers will have to create a web-based tool for beneficiaries that discloses the list price, the negotiated rate, cost sharing, and the amount left on a plan deductible, as well as allowable out-of-network rates.

The requirements, which are more far-reaching than industry leaders had expected, could upend commercial health-care markets, which are rife with purposefully complex systems of hidden charges and secret discounts which enable the fleecing of either end users or chronically underfunded government healthcare programs. The price-disclosure initiative has become a cornerstone of the president’s 2020 re-election health strategy, despite threats of legal action from industry.

“Right now there is too much arbitrage in the system,” a senior administration official said in an interview Thursday with The Wall Street Journal. “There are a ton of vested interests who will oppose this. We expect to get sued. We’re really goring people’s oxes.”

Hospitals and insurers typically treat specific prices for medical services as closely held secrets, with contracts between the insurers and hospital systems generally bound by confidentiality agreements. Policy makers, employers and patients are often unable to see clearly which hospital systems and doctor practices are driving high costs.

Ironically just a few days ago we showed why "US Healthcare Costs Are Exploding", and the primary culprit was soaring insurance and medical care service fees. If there is one thing that could potentially put a dent in this exponential surge, it is the elimination of all the various secret price deals and arrangements.

https://www.zerohedge.com/health/shock-35-trillion-healthcare-industry-trump-admin-will-force-hospitals-disclose-secret


Thanks for nothing Barry

Narrative killer: IF NORTH KOREA AND JAPAN WENT TO WAR, MORE SOUTH KOREANS WOULD BACK KIM JONG UN

Saw this the other day, and thought it was kind of a big deal that got little attention.

If North Korea and Japan went to war, more South Koreans would back their immediate neighbor, a new poll by a state-sponsored think tank in Seoul showed.

The survey, conducted by research fellow Lee Sang Sin, was presented Wednesday as part of the Korea Institute for National Unification's 11th annual Peace Forum. Lee set out to determine the views of South Koreans at a critical juncture in Northeast Asia's power dynamics, and found they would more readily support longtime rival North Korea than fellow U.S. ally Japan should a conflict break out between the two.


"Under a rather extreme hypothetical situation in which war may break out between North Korea and Japan, 45.5 percent would choose to help North Korea, and 15.1 percent Japan," the survey, which was obtained by Newsweek, showed. "39.4 percent respond that they have no idea."

Lee also found that responses did not vary much by political party, with the right-wing Liberty Korea Party only slightly more decided on assisting either Japan or North Korea. Lee told Newsweek that the results were "not so surprising" for those following the trend in inter-Korean relations.

https://www.newsweek.com/north-korea-japan-war-south-kim-1470235?amp=1

Are you preparing for a sharp down turn in quality of life

I have thought we are due for a collapse for years but we can print money- and so did every other country using fiat money that collapsed before us.

I don’t know if it’s 6 moths or 6 years but all my money is on collapse. It’s been awhile since I have added to my food and ammo stores but I feel like it’s time time to reinvest.

Hillary and many many many people think all the democrats currently running suck

but liberals think one of them will beat Trump

Will Hillary respond to Tulsis throw down?

It’s been a couple days since the first upper cut, and the Hillary camp has yet to answer. Is she scared of the low kick to her colostomy bag?

LOL. oh no you didnt.

Wait for it

https://www.liveleak.com/view?t=Jd9N_1573534041

White Helmets 'MI-6 Co-Founder' Found Dead In Turkey

Fell off his roof. Hehehehe

MI-6 Connection tells you everything about those academy award winners. Hollywood is deep state, deep state are terrorists, MSM is the enemy of the people, Americans are suckers


https://www.zerohedge.com/political/white-helmets-mi-6-co-founder-found-dead-turkey

Global Debt Tops $188,000,000,000,000 Officially The Biggest Debt Bubble The World Has Ever Seen

https://m.

For the last 2 1/2 years liberals have claimed its the white mans fault.

Now MSM is claiming old white corrupt establishment man is going to be their nominee.

In other news: Tulsi is a minority, a woman, a combat vet, anti war, and not a single scandal.

Could liberals be bigger frauds?
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