I have huge doubts about my rate being cheaper. I'd need about a 25% cut just to get back to where I was before Obamacare increases.
I had shared risk, BCBS had lots of insured to share my risk, with one huge difference, they picked preferred risk customers, no preexisting health problems. My policy did not include pregnancy, with Obamamcare, I'll be paying for pregnancy.
We'd be far better off paying cash than our monthly insurance premium. We need insurance for a hospitalization, major illness, serious accident, etc.
I agree. That's why I carry a $10,000 deductible, I pay 100% of every medical expense up to $10,000. WELL, I did, until Obamacare, know the insurance company must pay for one physical, mammograms, colonoscopy, some gyno exams. Obama says, there FREE. There not, that why I have had huge increases the last two years. I also make use of a Health Savings Account, I fund it to the maximum every year.
We have to share that risk with a big enough pool of other insured people. A small company can't do it, a large corporation can. The larger the pool, the cheaper the cost for each individual. The largest possible pool is the entire US population. That scares the insurance companies to death, because if anyone ever realized it, their profits would tumble. And that's what Affordable Care is designed to do, require everybody to be insured.
I don't see your logic. More customers should mean more profits. The problems; we are going to cover people that can't afford the premiums, so everyone else's costs go up, we are adding preexisting conditions, so everyone elses costs go up, the government is involved so efficiency go down, so everyone elses costs go up.
Did you really mean to say, "there isn't a single other provision within it that we don't all like."
What utter NONSENSE.
More than half the country is complaining about a bill that was pushed through without anyone in congress reading it. Do you know of one?
Hmm, I can name a few provisions I don't like.
I want to pay for my family, not every one else's.
I want the coverage I had, not what Obamacare has forced on my insurance company.
Why should my doctor pay an extra tax to buy medical equipment he needs to use on me.
I don't want my medical care rationed when I'm considered to old for whatever procedure.
I don't want the Obamacare tax on the sale of my home.
States must create new bureaucracy to check into our finances and families so they can hand out generous taxpayer subsidies for health insurance to families earning up to $90,000 a year.
Obamacare includes $575 billion dollars in cuts to Medicare.
" Government control over doctor decisions.Value-based payments, quality reporting requirements, and government comparative-effectiveness boards will dictate how doctors practice medicine. Nearly half of all physicians are seriously considering leaving practice, leading to a severe doctor shortage."
"Huge deficits. The CBO has raised its cost estimate for the law to $1.76 trillion over ten years, but that is only the opening bid as more and more people lose their job-based coverage and flood into taxpayer-subsidized insurance. At this rate, the cost will be $2 trillion, not the less than $1 trillion the president promised."
"159 new boards, agencies, and programs: The Obama administration will work quickly to set up as many of the law?s new bureaucracies as fast as it can."
"The government has also decided to increase the penalty from 10 percent to 20 percent for any withdrawals made for non-health expenses." I think I understand the rules, but I didn't hire a lawyer to explain the legalese.
Small Businesses are laying off employees to get under 50 and/or cutting employee hours to part time to avoid Obamacare expenses.
I could go on, but I've made my point.
Mikek