Seymour Flops
Diamond Member
Here Jeffries predicts disaster:
He gives several examples of plans that will go from costing the consumer three to five hundred dollars per mont to two to three thousand per month.
True?
Doubtful, especially since those are prices under the "Affordable Care Act." We didnt get the subsidies until COVID. Prices were not that high then without the subsidies.
But lets pretend it is true:
What happens then?
Families won't have the money. It's too much. Insurance companies will quickly lose their customer base, starting with the healthiest consumers. So they will have only their most costly clients and not the ones who pay mandated premiums but never file claims.
They will have to raise their premiums which will drive away custmers who only occasionally use their insurance. Now they only have heavy users.
Unless they lower their prices in order to keep their base. They RAISED rates when government started picking up everyone's tab. Why wouldnt they? Now they will lower them or go out of bid'ness..
Jeffries is concerned about hard-working Americans - NOT. Because that is who pays taxes to fund these subdidies thst line the pockets of the indurance industry.
He gives several examples of plans that will go from costing the consumer three to five hundred dollars per mont to two to three thousand per month.
True?
Doubtful, especially since those are prices under the "Affordable Care Act." We didnt get the subsidies until COVID. Prices were not that high then without the subsidies.
But lets pretend it is true:
What happens then?
Families won't have the money. It's too much. Insurance companies will quickly lose their customer base, starting with the healthiest consumers. So they will have only their most costly clients and not the ones who pay mandated premiums but never file claims.
They will have to raise their premiums which will drive away custmers who only occasionally use their insurance. Now they only have heavy users.
Unless they lower their prices in order to keep their base. They RAISED rates when government started picking up everyone's tab. Why wouldnt they? Now they will lower them or go out of bid'ness..
Jeffries is concerned about hard-working Americans - NOT. Because that is who pays taxes to fund these subdidies thst line the pockets of the indurance industry.