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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (750239)10/29/2013 6:27:31 PM
From: bentway  Respond to of 1575396
 
"Government decided that they need to be in the same pool as high-risk patients, i.e. the healthy subsidizing the sick."

That is the basic principle of insurance, Ten. The majority undamaged subsidize the few damaged, fearing that they may suffer damage themselves at some point.

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The mistake we made in this country is not insuring everyone from the start, allowing private insurance companies to exclude pre-existing conditions.

Now that the human genome is being decoded, what's to keep a private insurer from demanding to see your genome, then excluding you for some genetic propensity you were unaware of? That can't happen with Obamacare.



To: Tenchusatsu who wrote (750239)10/29/2013 7:57:43 PM
From: SilentZ  Read Replies (1) | Respond to of 1575396
 
>
Some people only want cheap insurance that only covers catastrophic events.

Well, one of the reasons that these plans are now verboten is because it turns out that to many consumers' surprise, those plans don't cover the catastrophic events that they think they do.

Second, there's a point where someone has to step in and say enough is enough. Between 50 and 60 percent of all personal bankruptcies in this country are at least in part related to medical issues. If a couple hundred thousand people have to pay $1000 more a year for insurance that actually prevents that from happening, so be it.

>You might decide that this is better for society overall, just like Peter Lee did here in California.

>But you can no longer pretend that costs are going down for most of us

I can't yet say either way because it's too early to say. But I will predict that it's going to happen.

>just like Obama can't promise anymore that if you like your current plan, you get to keep it.

I never liked that promise, honestly. It was clear that it wasn't going to be perfect for everyone. I didn't understand how that could've been 100% true.

-Z