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

To: Alex MG who wrote (318903)	11/19/2016 7:46:53 PM
From: Gottfried	Read Replies (1) \| Respond to of 541777

Alex, I agree catastrophic coverage should be less than $600 for someone your age and in good health. But there might be an accident. I broke my wrist a few years ago when two running dogs knocked me down and the repair was billed at near $50k. After insurance paid less than $10k I was stuck only with the bill for pain killers. Without insurance - who knows? My medicare part B is less than $300 - including supplemental insurance. The supplemental premium depends on age, but other risk is not part of it.

To: Alex MG who wrote (318903)	11/19/2016 8:18:07 PM
From: neolib	Read Replies (1) \| Respond to of 541777

Yeah, I'm in the same situation, but the rise was indeed due to the ACA. Same age, I'll be paying cr 750/each this coming year, and I consume no medical service. So all I want is cancer, etc, hedge. I was paying cr 165/month four years ago. In some sense its not ACA that caused the price increase, it was that the individual market became like the employer group plans, with similar cost, its just that in the individual market with pre-existing underwriting, the only people buying insurance were healthier so the rates were lower. Now that not true, and the rates are now similar to the group plans. But the group plans are mostly paid by the employer, so the employee (i.e. the voter) was shielded for paying attention to how bad it was, whereas the self-employed see the full sticker shock. Pretty much all the wage growth for decades in the USA middle-class has effectively gone to rising healthcare costs. Some people see this explicitly, and many people are shielded from seeing it.