You know for all the money insurance companies spend and with all the elaborate Health IT systems, do you think they could enroll a lobbyist to advise the GOP that a total repeal is not cost effective? Modifications on portions of the law are certainly up for discussion anywhere but this over blanket vote is just for show and it doesn’t make them look very intelligent. I keep saying about IT systems and infrastructure running the country today in so many of my posts but these folks are still ruled by “wild drama king/queen” emotions. These folks just don’t get it and in the meantime up on the Street Big Data and Big Algorithms will continue to kick their butts as this action makes them look like puppets. I wrote about that in the Attack of the Killer Algorithms Part 22 below. This is such an embarrassment.
IBM Watson Going to Work At Citigroup on Wall Street–Congress Didn’t See Big Data As A Tool (Hadoop Framework) When They Had Their Chance…For Consumers The Attack of the Killer Algorithms–Chapter 22
Here’s further proof of the insurance industry and their technologies with machine learning technologies, too bad our folks can’t wake up to this fact with making better laws with better intelligence.
Wellpoint to Bankroll Use of IBM Watson at Cedar Sinai Medical Center to Research Cancer Data/Information To Provide Guidance for Physicians
Again, can’t some well informed lobbyist help send them in a little different direction, and I say that as they spend a lot of time and money with some of these folks.
Even United Healthcare with their extensive analytics and IT structures know the cost of re-tooling the IT structure and made their statement about it as a good time to look like the good guys but the real reason behind their decision is to not have to spend money on IT work that is redundant and will cut out of their bottom line profits as their business models are set in motion and can withstand some changes, but not a huge over haul like this law the House is messing around with, what a waste of time.
United HealthCare States They Won’t Alter Plans They Offer If Healthcare Law Falls–Why Would They– As It Costs A Money to Re-Develop Business Plan Algorithms If Large Profit Gains Are Not Really on the Horizon
United should know as they have the former HHS director accredited with writing most of the healthcare reform on their payroll now as he left and went to work as a VP over at Optum, one of their subsidiaries so again the IT folks who write the code for desired results win and we get yet another dog and pony show. Sad as the House has no clue and we still have the Attack of the Killer Algorithms at hand. Scroll down to the end here and see what Democratic Representative Jim McDermott had to say and he’s a psychiatrist and gosh that has to be trying for him to keep watching this and maybe he should be scheduling some counseling sessions since he’s right there:) BD
Attack of the Killer Algorithms–Digest & Links for All Chapters–See How the Math and Crafty Formulas Today Running on Servers 24/7 Make Life Impacting Decisions About You
(Reuters) - The Republican-led House of Representatives, on a near party-line vote of 244-185, on Wednesday once again passed a bill to repeal President Barack Obama's overhaul of the healthcare system.
Just like previous House efforts to end the two-year-old healthcare law, the bill is certain to be stopped by Obama's fellow Democrats who control the Senate.
Democratic Representative Jim McDermott mocked Republicans repeated efforts to repeal the Affordable Healthcare Act, as the law is formally called.
"As a psychiatrist, I'm qualified to say this: One definition of insanity is doing the same than over and over again and expecting a different result," McDermott said.