State will share $30M from UCare with federal government

  • Article by: JACKIE CROSBY , Star Tribune
  • Updated: April 23, 2012 - 9:01 PM

Minnesota officials had described the money as a 'donation' and tried to keep it all, but now the U.S. Treasury will get half the cash.

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rangesonApr. 24, 12 7:08 AM

" an e-mail from the office of committee Chairman Darrell Issa, R-Calif., said Jesson should be prepared to talk more broadly about how Minnesota sets rates for both Medicaid and non-Medicaid plans." WELL, OF COURSE, they want to know how a non=profit health company can make so much money. Then they can share those secrets with the For-Profit insurers who fund their campaigns. They are NOT worried about anyone who might have paid those companies premiums out of their ever shrinking budgets: the "little people."

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playatommieApr. 24, 12 7:30 AM

It sounds to me like the excess profits belong to the U Care members and should be reflected by a lowering of premiums. This money should not be going to the government. That would be an unfair tax.

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bsnewsApr. 24, 12 8:03 AM

I guess I may be changing health-care providers this year. Many of us seniors are on this program as well. Obama doesn't need anymore of our money. He's done nothing for SSor Medicare, just pawn off our money on foreign countries.

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worldcitizenApr. 24, 12 8:19 AM

Don't understand why any part of our insurance premiums belong in the pockets of the State or Fed gov't.

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mspshadowApr. 24, 12 8:49 AM

playatommie: "It sounds to me like the excess profits belong to the U Care members and should be reflected by a lowering of premiums."...Just an FYI: The Affordable Care Act (Obamacare) requires health insurers to refund part of the premiums it received if it does not spend at least 80 percent of them on health care services, such as doctors and hospital bills, and activities to improve health care quality, such as wellness programs.

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bailey122Apr. 24, 12 9:55 AM

"Don't understand why any part of our insurance premiums belong in the pockets of the State or Fed gov't." Because the government paid a good portion, if not all, of the premium. The article states, "UCare, an insurance company that contracts with the state to provide insurance for low-income and disabled people on Medicaid." I believe that means that state and federal government funds were used to subsidize the premiums paid to UCare for low-income and disabled people who couldn't otherwise afford health insurance. So, it makes sense that the excess profits are being returned to the government. Utimately taxpayers paid the premiums to UCare, and taxpayers are getting the excess profit returned to them.

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guymorcadoApr. 24, 12 3:00 PM

To be clear, the excess profits relate to Medicaid programs, which are funded by state and federal governments, not privately-paid premiums. This is not a case of diverting premiums paid by private citizens to UCare back to the goverment. It is returning some of the money paid by the government back to the government.

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waddlebackApr. 24, 12 4:10 PM

We're pissin against the wind here - we're SHARING a measly $30 mill? Really? That's nothing, NUTHIN ! ! ! Tell the government to stop the damn spending !

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