It is 6 year old opinion from an insurance company exec you posted as fact.
California has Obamacare / exchanges now.
Apples to oranges.
It is a fact that the uninsured and underinsured cost those of us with insurance more. We pay higher premiums and pay $6 for an aspirin in the hospital to cover those costs. In 2007 it was costing the average insured Californian like me $1200 a year. Since I'm what you might call "overinsured", it was probably costing me a touch more.
And yes, now we have the affordable care act and the uninsured will have insurance. Costs will decrease, deficits will reduce.
totally wrong. the poor will pay nothing for their insurance, those who choose not to buy will pay a penalty that is smaller than the premium would be, and will still receive treatment.
those who pay for their insurance will be funding those who do not---------exactly what is happening today and has been for years.
the difference is that those who pay will also have to fund a huge govt beaurocracy under obamacare that did not exist before.