No shit Obamacare costs more. They sold it to the American public as a cost savings enterprise, but we all knew it wouldn't save a damned penny and that it would cost more. When you add millions to the benefit roles, that COSTS MONEY. bullshit
commercialappeal.com
"...When people say that Obamacare will, in certain parts of the country, for certain people, increase premiums, what they mean is something akin to the switch from Texas Inc. to Vermont LLC. Obamacare will force insurers to upgrade their products to meet a minimum level of comprehensiveness, lay down some rules limiting price discrimination against the sick and the old and the female, and then help people pay for the final product. It’s a lot like what happens if you move to an employer that offers better health insurance and helps you pay for it.
This isn’t, by the way, some new insight, or argument. The Congressional Budget Office wrote about this effect during the Obamacare debate, and its study was widely reported.
CBO found that for most Americans, very little would change. If you get insurance through your employer, or through the government, then Obamacare probably won’t affect you much. When we talk about premiums changing, we’re talking about the minority of Americans who buy health insurance on their own or through a very small employer.
For them, on average, CBO predicted premiums would increase because subsidies would make it possible for them to purchase higher-quality insurance. In other words, with more money to purchase insurance, they were going to purchase better insurance — that is, after all, the point of the law. But if you held the insurance product constant, then premiums for the same policy in the same market would actually fall, as the risk pool would get a bit healthier.
The intent of Obamacare is to ensure that almost all Americans are covered by high-quality insurance that they can afford. To say that the law will move many Americans onto more costly insurance products is simply to restate part of that premise more negatively, and to leave out the effect of the subsidies, or the change in the underlying insurance product, is to mislead. |
