Comments on: Obamacare: The long plodding road to ‘reform’

By: Jon

Jon — Sun, 25 Mar 2012 13:41:02 +0000

That’s called “Profit”. Yeah. Off of your health (or lack therof). Welcome to the free market.

By: Almandine

Almandine — Mon, 12 Mar 2012 23:34:31 +0000

Funny thing about those healthy 26 year-olds, though… from an actuarial perspective they should be a net plus for insurance companies. Where’s the rub?

By: griff

griff — Mon, 12 Mar 2012 21:40:30 +0000

Exactly why your premium went up…You need to pay for all the other people that don’t know how to take care of themselves.

By: Danny Adams

Danny Adams — Mon, 12 Mar 2012 20:42:38 +0000

(And, I should add, the premium hike was for no apparent reason. I was healthy and hadn’t actually used my insurance for anything but annual check-ups.)

By: Danny Adams

Danny Adams — Mon, 12 Mar 2012 20:41:34 +0000

On the other hand, my premiums went up 50% in one blow a couple of years before Obama got elected. Insurance companies are happy to raise premiums regardless of what the president does.

By: griff

griff — Mon, 12 Mar 2012 14:09:01 +0000

More like the long, plodding road to economic oblivion, not to mention government-run death-care.

Really? Do we really want this government to manage our healthcare?

Really?

Please some one, any one, name for me one government program that has actually worked even close to efficiently and/or on budget in the last 60 years.

By: woody188

woody188 — Mon, 12 Mar 2012 13:25:23 +0000

But allowing young adults to stay on their parents’ insurance until age 26 has added nearly 2.5 million people to the coverage rolls, at no cost to taxpayers.

Yup, it didn’t raise taxes, but insurance premiums went up 30% with most companies citing the increases in young adults.

Starting in 2014, insurers will have to accept all applicants regardless of prior health problems.

Yup, they can’t turn them down. But they can charge a lot to keep them out. And they’ll use this as an excuse to raise the rates on the healthy another 50%.

many middle-class people will qualify for federal subsidies to lower the cost of their premiums.

Yup, although no one knows how to pay for it other than borrow it from China or raise taxes. Funny how that works, subsidize middle class insurance premiums for short-term relief only to turn around later and raise their taxes to pay for what was borrowed plus interest. Medicaid expansion alone guarantees the middle will get fleeced again. The joys of serfdom.