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Health Care A forum for discussing the US health care debate and proposals. All threads on this subject shall be posted here.

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Old 4 Weeks Ago
AkDiesel's Avatar
Secretary of Defense

 
Member Since: Mar 2004
Location: USA-Alaska
Posts: 2,870

United_States     Alaska

HMO Changes

Here is a question for people here.

When did HMO's go from Non-profit to Profit?

Health Maintenance Organization Act of 1973 - Wikipedia, the free encyclopedia

"HMOs were required to meet three basic requirements. These were to offer a specified list of benefits to all members, charge all members the same monthly premium, and be structured as a nonprofit organization."

Some place between then and now there was a change, but I have not found it.
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Old 4 Weeks Ago
daddio's Avatar
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Member Since: Jun 2008
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United_States     Virginia

Re: HMO Changes

from your link

Quote:
No longer needed now that HMOs are widespread,[citation needed] the dual choice provision expired in 1995
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Old 4 Weeks Ago
AkDiesel's Avatar
Secretary of Defense

 
Member Since: Mar 2004
Location: USA-Alaska
Posts: 2,870

United_States     Alaska

Re: HMO Changes

So it was in 1995 that Congress let them go from Non-profit to Profit?

Or where they For Profit before then and we did not know?
__________________
Government Should Fear the People That Voted Them In!!

New Government=one that the President likes a GOP idea but then the Staff puts that Idea in a very DEEP HOLE.

Read HR143 get enlightment.

The Revolution Will not be Televised

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  #4 (permalink)  
Old 4 Weeks Ago
daddio's Avatar
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Member Since: Jun 2008
Location: the south
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United_States     Virginia

Re: HMO Changes

Quote:
Originally Posted by AkDiesel View Post
So it was in 1995 that Congress let them go from Non-profit to Profit?

Or where they For Profit before then and we did not know?


If I understand it yes. They were but were not getting any traction so they passed that law to maybe ge people interested in it. Then business picked up and they just let the provision expire. I gather it was never intended to to last forever.
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Socialism doesn't create a rising tide that lifts all boats. It drains the lake and teaches the boat riders not to help themselves by rowing.

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"Every government interference in the economy consists of giving an unearned benefit, extorted by force, to some men at the expense of others."

Ayn Rand
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  #5 (permalink)  
Old 4 Weeks Ago
AkDiesel's Avatar
Secretary of Defense

 
Member Since: Mar 2004
Location: USA-Alaska
Posts: 2,870

United_States     Alaska

Re: HMO Changes

But what is Dual Choice?
Profit or Non Profit?
or
HMO or PPO?
__________________
Government Should Fear the People That Voted Them In!!

New Government=one that the President likes a GOP idea but then the Staff puts that Idea in a very DEEP HOLE.

Read HR143 get enlightment.

The Revolution Will not be Televised

off.gif
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