LMAO! U.S. Inflation Rate 1.0%.
This is what you get when you refuse to put a politician with NO business experience in the White House.
Vote TRUMP 2016
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What a croc ! Yeah we need more of where that came from , keep on electing lawyers to make our laws for us !
ReplyDeleteThose hikes would be 50-100% more without the ACA.
ReplyDeleteyes it was but it was built on a lie
ReplyDeleteAll it has done is increase health care cost and give insurance companies the power to regulate what you can or cannot do with your health
ReplyDeleteThis is no surprise. It was designed to fail. Harry Reid even admitted it (accidentally).
ReplyDeleteThe real goal is single-payer, so they designed this system to beat people to death.
Then, single-payer will look much more attractive.
The ACA is having rate increases because of mandated coverage. The healthy and young are mostly of college age and are receiving subsidized coverage. The unhealthy and old are far too many for the young to balance the equation (ie. Social Security failure). So the solution is to charge everyone more so they insurance company doesn't loose their a$$.
ReplyDelete12:17 - Sheep much?
ReplyDeleteYou don't need a business experience to know it wasn't going to work. Just an economics class or two. By making the purchase mandatory, price is going to go up. And just like student loans, creating a larger pool of money (what you lose via tax and increased subsidies) means pricing pressure is further reduced, just like student loans. The big pressure keeping prices in check wasn't competition of a few carriers (market collusion seemed readily apparent), it was the option not to buy!
ReplyDeleteAdding coverages (like "transition" surgery, or whatever its called) also increases everybody's cost. Besides the huge increases, there are now huge deductibles. Consider that $400/mo policy might require more than $200/mo in medical spending to cover the deductible. You could pay 50% more than you expect before you see a dime of coverage.
And, of course, those underemployed young people who don't need insurance are getting taxpayer subsidies. So the ones expected to pay down the cost of old people aren't even covering what they were expected to.