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PDF Editor FAQ

How many Americans actually "lost" their doctor under Obamacare, 2%, 10% or 25%?

How many Americans actually "lost" their doctor under Obamacare, 2%, 10% or 25%?None.Also, his words were misinterpreted and did not apply to your existing plan that was grandfathered[1][1][1][1] assuming they did not change their preferred provider list (“in network”)[2][2][2][2] .SOURCE: 'Can I keep my doctor?' The GOP's turn to answer the questionHowever, the plan they had may have pulled out of the market;there physician stopped accepting their insurance;their employer changed insurers with a different preferred provider list; orthe patient was unwilling to pay to keep their physician that was now out of network.Myth 4: President Obama promised that "If you like your plan, you can keep your plan, period." He meant that the ACA itself did not cancel anyone’s plans. Plans were “grandfathered in” if they existed before the ACA was passed and minimum requirements were met.Truth: One million people lost their plans because their insurance companies dropped them. Some companies that didn’t comply with the ACA’s requirements chose to drop plans rather than change them. Even some “grandfathered in” policies were dropped. In 2014, Kaiser Permanente canceled "grandfathered in" policies for 3,414 customers in Maryland and Virginia. Humana did the same for 6,544 plans in Kentucky. They decided it didn't make business sense to maintain a broad variety of plans at different costs.Many employees lost their plans because their companies decided to pay the penalty. They knew their workers could find cheaper plans on the exchanges.14 Obamacare Myths: What's the Truth Behind Them?What happened to the promise that "you can keep your doctor" under Obamacare?Why couldn't people on Obamacare keep their doctor?Footnotes[1] Grandfather clause - Wikipedia[1] Grandfather clause - Wikipedia[1] Grandfather clause - Wikipedia[1] Grandfather clause - Wikipedia[2] Preferred Provider - HealthCare.gov Glossary [2] Preferred Provider - HealthCare.gov Glossary [2] Preferred Provider - HealthCare.gov Glossary [2] Preferred Provider - HealthCare.gov Glossary

Humana manipulated my elderly father on a phone call into switching from his United PPO to a Humana HMO. They lied to him about his primary physician being on their plan. What recourse do I have?

I can only tell you what I would do. If he is within the first 30 days, and he didn’t want to change carriers, he or his attorney, or you, should call the United carrier and let them know he didn’t want the change. Then ask the service rep how to handle the cancellation and money return from the other carrier. I would also report it to your States Attorney General (our AG has a staff of assistants (AGA) where one is available to speak with the public on questions or problems such as this, and/or put it in writing to your States Insurance Commissioner. That should not happen to the elderly and those agencies take that seriously.

What is the average capacity of a HFT strategy? How is Rentech able to achieve high perfomances despite their AUM?

If by “average capacity of a HFT strategy” you are referring to how much money can be poured into a high frequency trading algorithm, I’ll stop you right there: You can put however much money you want into a HFT algorithm but at a certain point it will not matter as there are only so many opportunities for high frequency traders. The capital the algorithm has is not the major variable in HFT performance. It has to do with the strategy, how it gets into orders, how it gets out, how it cancels orders, how quickly it reacts to changes in the limit order book. etc.There are two more or less normalized factors for the real players in HFT:Co-locationCapitalAt a certain point it does not matter if your algorithm has $20 million to take from or $100 million (this is a bit exaggerated however the concept is accurate).Renaissance Institutional does not engage solely in high frequency trading. RenTec is not a HFT firm: they are a quantitative hedge fund. Yes, they do some HFT however it does not make up the bulk of their returns! They develop quantitative models for strategies of varying frequency. In fact, you can actually see some of their holdings in the funds made available to outside investors (i.e., not rentec employees). You can check it out on NASDAQ’S website: https://www.nasdaq.com/quotes/institutional-portfolio/renaissance-technologies-llc-63203As you can see they have large holdings in companies such as Amazon, Humana and Pepsico. The large majority of their returns come from longer term stakes in these companies, not HFT.

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