Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: neolib who wrote (236465)	11/2/2013 1:23:32 AM
From: bentway	Read Replies (1) \| Respond to of 542171

No, You Don't Deserve to Keep Your Insurance Plan JONATHAN CHAIT EXPLAINS THE MORAL CALCULUS OF OBAMACARE By Kevin Spak, Newser Staff newser.com Posted Nov 1, 2013 1:02 PM CDT (NEWSER) – OK, yes, Barack Obama lied, and that's provoked some "justifiable scrutiny," Jonathan Chait at New York allows. But the people losing their health insurance plans aren't getting a raw deal, he argues. For one thing, many are blissfully unaware that their old, seemingly affordable plans contained hidden costs and limitations that would have left them high and dry in an emergency. "The fine print is a game of wits between insurer and customer that the insurer always wins." Even so, some healthy people will see their premiums rise. But in exchange, they get the knowledge that they'll have coverage if they ever get sick. "You might even call such a guarantee 'insurance.'" Some still complain that it's morally wrong to force them to buy that bargain. "But they can't quite face up to the full implications of their complaint." It's a "mathematical truism" that giving the sick care they can't afford means charging the healthy more. If you believe the healthy deserve to keep their cheap rates, "you must also believe the sick must be denied medical care." Read his full column here.