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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (229180)8/12/2013 12:13:38 AM
From: neolib  Read Replies (1) | Respond to of 542147
 
Yeah, what a shock! It obviously had a few problems when I played on it.

I fundamentally don't understand the reason for these exchanges. Why can't the individual companies offering compliant policies handle the subsidy signups as well. It seems like a needless creation of a new monopoly bureaucracy. If you aren't getting a subsidy, you can signup directly with the insurance companies anyway, although CoverOregon would still like the biz, because they get a nearly 3% cut. But they get ALL the biz that wants a subsidy, they are the sole gatekeeper for those people. I don't see why that should be.



To: Sam who wrote (229180)8/12/2013 12:16:55 AM
From: neolib  Respond to of 542147
 
There is another can of worms yet to develop. If your income varies widely from year to year which it would for lots of farmers and other self-employed, then qualifying for the subsidy will be a nightmare. You have to know what your income for the current year is at the start of the year. They should instead structure it so that this years insurance is always based on last years income. On average it will come out correct, there is just a 1 year lag.