« FFFT3 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

amp;frac12;People Are Going To Be In For A Shock': Penalty For Unins 

By: Zimbler0 in FFFT3 | Recommend this post (1)
Thu, 13 Nov 14 9:22 PM | 50 view(s)
Boardmark this board | Food For Further Thought 3
Msg. 04489 of 65535
(This msg. is a reply to 04479 by zzstar)

Jump:
Jump to board:
Jump to msg. #

zzfart> Not true. Obama are doesn't "have a high premium, and the other shit you are dreaming of."

The High Costs Of Obamacare Hit Home For The Middle Class

http://www.forbes.com/sites/jeffreydorfman/2013/10/31/the-high-costs-of-obamacare-hit-home-for-the-middle-class/

The Affordable Care Act, commonly known as Obamacare, does little if anything to reduce total expenditures on health care. Mostly it just shuffles around who pays for what.

. . .

What is a surprise to some people are the higher insurance premiums that ordinary, middle class Americans suddenly face so that other ordinary Americans can enjoy lower prices.

Obamacare requires insurance companies to cover people with pre-existing conditions and forces limits on the price differentials insurance companies are allowed to charge people based on all sorts of risk factors (like smoking). That means that insurance companies are guaranteed to lose money on lots of the people they will be insuring. Simple economics demands that the insurance companies make up those losses somewhere.

The plan is for the insurance companies to offset those losses with profits on young and healthy people. The whole reason that the law has a mandate for everyone to purchase health insurance is to force those people to purchase plans that they would not buy freely because they know their costs are likely to be lower than the premiums. Again, this was known by many people, although many of these young people may just be finding out that the president they were instrumental in electing has decided to stick them with part of the bill for his health care reform.

. . .

(Entire article is at the link. Zim.)




Avatar

Mad Poet Strikes Again.


- - - - -
View Replies (1) »



» You can also:
- - - - -
The above is a reply to the following message:
Re: �People Are Going To Be In For A Shock': Penalty For Unins
By: zzstar
in FFFT3
Thu, 13 Nov 14 4:28 PM
Msg. 04479 of 65535

Not true. Obama are doesn't "have a high premium, and the other shit you are dreaming of."

You are clueless again. You are blowing out yo ass.

Just go on any state exchange or the federal site, and there are many plans and insurance companies to choose from.


« FFFT3 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next