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Health Law Costs: Employers Eye Bare-Bones Plans - WSJ.com

Obamacare supporter shocked that employers moving to bare bones coverage « Hot Air

Over at National Review, Veronique de Rugy highlights a recent Wall Street Journal article which brings home yet again the law of unintended consequences. (Assuming that the consequences of Obamacare are “unintended” based on the Pelosi theory of needing to pass the bill to find out what’s in it.) The short version of the analysis – and I know this will come as a massive shock to many of you – shows that employers will flock to lower cost, bare bones medical plans to avoid the increased costs and mandates of Obamacare, turning implementation into even more of “a train wreck”. Yes… yes… I know. Who could possibly have seen this coming?
 
Helix said:
but it's not just the elderly. last i checked, if your kid breaks his arm falling out of a tree, it can cost multiple thousands of dollars to fix; sometimes $10k. i had a routine diagnostic procedure in 2009, and the full price was five grand. i'm nowhere near 65. the costs are simply unsustainable.

honestly, i'd prefer medicare to be the single payer for basic care for everyone to the system we have now.
Click to expand...

We make insurance companies cover everything that can happen, and then we wonder why the premiums, co pays, and deductibles are so high.

Turn insurance back into actual insurance and not only will it be less expensive, but the things that no insurance policy would cover can now be governed by the free market(i.e. bring in one child for a wellness visit, the second one is half off! )
 
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