Yes, ObamaCare will reduce healthcare costs and insurance premiums
No, ObamaCare will increase healthcare costs and insurance premiums
"Only the dead have seen the end of war..." -Plato
Originally Posted by MichaelJR
You have a lot of "free riders" in our current system. How many people opt out of insurance until they get old...about to have a family so need insurance for child birth and kids. How about go decades without health insurance and finally get back problems or something and go on disability and medicaid?Governments can sometimes do this as well, but it's harder for the government to cut back when it becomes necessary because there are a lot of free riders who don't pay in or pay very little, or paid in when they were younger.
Sure...I guess you can wait until mroe and more people opt out of paying for insurance because of the higher prices. The higher the cost is the more people that will make that cost benefit decision on the side of gambling on not getting sick. When that happens you of course get higher premiums...then more people making that decision...well you eventually start having serious issues. Most of those companies would be unable to sustain those type of costs.But the reason those tax provisions continue is because there's a powerful constituency in favor of keeping them. Single payer is ultimately an egalitarian ideal that only works when few have great health insurance to begin with. If 20% have a better deal than they'd get from a single payer system, that's enough to sink it.
“Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes
If the insurance system was breaking down, you could go to single payer as an alternative. Instead, we doubled down on the private system. That criticism comes from the left and it's valid. However, the insurance system is not yet breaking down and wasn't showing any signs of breaking down. But ACA makes that breakdown more likely by making insurance more expensive and increasing the odds that people won't want to buy the insurance.
So far, not many people are signing up to the exchanges. It's early yet, but you'd expect more enthusiasm for a great product. People buy Iphones three months before they come out, why wouldn't people buy insurance if it was the great, affordable deal they'd been waiting for?
Obama Care is a socialist Ponzi scheme that will never work and God forbid might bankrupt this country.
"God Bless Our Troops in Harms Way."
Early voting in Georgia. On the 20th of October this old Goldwater conservative voted against both Donald Trump and Hillary Clinton by casting my vote for Gary Johnson. Neither Trump or Clinton belong within a million miles of the Oval Office.