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Politics : Formerly About Advanced Micro Devices
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TideGlider
To: Alighieri who wrote (737480)9/6/2013 11:46:10 AM
From: i-node1 Recommendation  Read Replies (2) of 1578452
 
>> So far, premiums are coming in a bit lower than was anticipated by the Congressional Budget Office, according to a new report. That doesn’t mean Obamacare is cheap, but worries about massive cost spikes may be overblown.

As I pointed out previously, the beginning rates are meaningless and are likely understated to encourage participation. Once they see that young people aren't going to enroll, and that the ones who do won't stay, rates will go up and plans will collapse.

I heard Rick Ungar say the other day, "Let's look at it in a year." Nope. Look at it in five years. The entire health care business will have morphed into pile of crap.
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