Obamacare says you can't have a basic no frills policy anymore, and because there are no pre-existing conditions limitations, there are going to be some people that are burning through insurance money that had caps or no insurance at all - which means that insurance companies are having to adjust to those costs - the net result is the uber cheap policies are gone, the high end premium policies are exorbitant and most people are going to be in a model where they not only pay noticeable premiums - unless they are poor - they will also have to set aside money for a rather healthy deductible. That is the new reality for the "non-poor" whether they are in exchanges or not.hedge wrote:I said from the beginning that I'd be most pissed if I just been skating along without having to pay shit and now all of a sudden the government is doing me the "favor" of letting me actually pay for my own health insurance. <Irish girlfriend from Caddy Shack voice>Thanks for nut'in!</IgfCSv>. You would think making the slackers and sluggards actually having to pay their own way would brings costs down for everyone. After all, the "official" reason that health insurance cost so much was b/c the ones who were paying were having to pay extra for all those that didn't pay. Now we're getting all the slackers to pay their own way, and guess what? My rate now goes up 150%. I'm sure they'll find a way to explain that...
However if insurance companies don't spend something like 85% on claims, you get a refund -assuming auditing is accurate and they don't hide shit (you ain't getting a refund)
Whats crazy is now you're going to have a whole subset of people who will be debating whether they want to earn a few thousand more a year, just to see a good chunk of that go to insurance, or just stay within the subsidized lines of where they are now - given that insurance is mandatory.
