When ACA was passed, the "key" provisions on which it was sold to the American public were:
(1) No lifetime maximums,
(2) No rejections due to pre-existing condition, and most importantly,
(3) No premium increases or benefit reductions BECAUSE, the ACA would force healthy young people to enroll, thus bringing in massive new revenue streams from people who DON'T REALLY NEED HEALTH INSURANCE, to cover the higher expenses of everyone else.
Of course, this was a small pack of lies, and everyone with a three-digit IQ knew it. You can't force the insurers to take on high-risk, high-cost people (at the same rates as everyone else), and expect rates and benefits to remain constant.
So now we are a couple years into it and for MOST EMPLOYED PEOPLE, it is a disaster! My costs have doubled and my annual max out-of-pocket has gone from $1,000 to $4,000. Everyone I talk to has similar horror stories. Employers are taking extraordinary measures to minimize the harm to their employees, but unless they are willing to pay thousands more themselves, the employees are being significantly harmed. For the average working person, the cost of the decrease in health benefits MORE THAN OFFSETS any annual salary increase that they might get.
Strong unions are in a panic because their contracts require employers to pay "Cadillac" prices for coverage and they will be penalized now under ACA. "Please save us from Obamacare," they cry.
State insurance commissions are also in a tight spot because the health insurers are coming to them with requests for 30-70% premium increases - based on actual, documented costs - and they don't want to approve the increases and be perceived as "caving in," but they know that the insurers will either go bankrupt or stop doing business in their states if the increases are not approved.
And it's all because of "Obama-care."
Where is the outrage? Where are the newspaper editorials pointing out how this phony pyramid scheme was sold to us based on a pack of lies? Instead we see stories about the "thousands" of happy people who have benefitted (rather than the tens of millions who have got skrud).
And people are blaming everyone but the ones who are actually to blame: Barry and the Democrats in Congress.
WTF?
(1) No lifetime maximums,
(2) No rejections due to pre-existing condition, and most importantly,
(3) No premium increases or benefit reductions BECAUSE, the ACA would force healthy young people to enroll, thus bringing in massive new revenue streams from people who DON'T REALLY NEED HEALTH INSURANCE, to cover the higher expenses of everyone else.
Of course, this was a small pack of lies, and everyone with a three-digit IQ knew it. You can't force the insurers to take on high-risk, high-cost people (at the same rates as everyone else), and expect rates and benefits to remain constant.
So now we are a couple years into it and for MOST EMPLOYED PEOPLE, it is a disaster! My costs have doubled and my annual max out-of-pocket has gone from $1,000 to $4,000. Everyone I talk to has similar horror stories. Employers are taking extraordinary measures to minimize the harm to their employees, but unless they are willing to pay thousands more themselves, the employees are being significantly harmed. For the average working person, the cost of the decrease in health benefits MORE THAN OFFSETS any annual salary increase that they might get.
Strong unions are in a panic because their contracts require employers to pay "Cadillac" prices for coverage and they will be penalized now under ACA. "Please save us from Obamacare," they cry.
State insurance commissions are also in a tight spot because the health insurers are coming to them with requests for 30-70% premium increases - based on actual, documented costs - and they don't want to approve the increases and be perceived as "caving in," but they know that the insurers will either go bankrupt or stop doing business in their states if the increases are not approved.
And it's all because of "Obama-care."
Where is the outrage? Where are the newspaper editorials pointing out how this phony pyramid scheme was sold to us based on a pack of lies? Instead we see stories about the "thousands" of happy people who have benefitted (rather than the tens of millions who have got skrud).
And people are blaming everyone but the ones who are actually to blame: Barry and the Democrats in Congress.
WTF?
