Tuesday, January 21, 2014

The Very Careful Anthem President

Anthem is best known as Blue Cross/Blue Shield (or 'the Blues' for old folks.)  The President of the Blues is rather careful when lobbed a bunch of softball questions about ObozoCare.

...Schreiber, president of Anthem Blue Cross and Blue Shield in Wisconsin, told me in his first interview on the subject that he anticipates Anthem’s Compcare product will attract 25 percent to 33 percent of the new marketplace enrollees in Wisconsin....

...The technological barriers are now being systematically eliminated. “We saw a large volume come in the last week of December and the first couple weeks of January. We’re working through that volume....

Tiptoeing past the graveyard....

The interviewer didn't bother to ask about premiums paid, nor about the demographics of the enrollees.  Those would have been tough questions.

But the Blues Pres was remarkably.......aaahhhhh.....uninformative......about the problems.

Maybe he had a motive, eh?

...Health insurer Humana Inc. recently warned that enrollees in the exchanges will probably be sicker than anticipated. So few if any insurers will be in surplus, and many will be seeking help. In other words, the exchanges as a whole will be unbalanced and in need of a taxpayer bailout. The CBO hasn't estimated how much the risk corridors will cost if participants in the exchanges are especially unhealthy....

...Obamacare has always depended, both operationally and politically, on an alliance between the administration and insurance companies. But that alliance is vulnerable. The most controversial element of Obamacare to date — the coercive measures it includes to get people to buy insurance — is only there to protect the insurance companies' viability. A bailout could be just as unpopular a sop to the insurers.

The Blues Pres likes the Taxpayer Money.  Speaking truth to power is fo'suckas.

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