The T
George S. Patton Party
Missing ingredient here? Kinda HARD to pay for 40% of the cost when due to Obama's (and the Democrats tyrannical Regulatory BOOTS on the necks of employers)? When one has NO JOB and has stopped looking...
are you saying there is NO way to cover pre-existing conditions, not drop folks who get sick and not increase premiums for folks who get sick, without an individual mandate?
there has to be a way.
Sure there is...and it will bankrupt the system.
Now as far as dropping coverage for the chronically ill...There are contingencies in place for that. All the policy holder has to do is find a company willing to insure and pay the premium.
The fact is, those policies are expensive. And Obamacare does not have in it any provisions to cover the additional cost for long term issues.
The plans are what they are. They are defined benefit plans that have no limits on coverage, they also do not pay all of the cost of the treatment..
Health Insurance Plans: ObamaCare Health Care Plans
MOst people will opt for the Bronze plan which covers just 60% of all medical expenses. That means, a patient pays 40% of their costs before they use the insurance.
Silver pays 70% Gold pays 80% and Platinum plays 90%....As one goes up the scale of coverage, the premiums get more expensive.
Non subsidized individuals will pay the bulk of the cost across the board. While subsidized people, roughly 55% of the population will pay little or nothing. And that does not include the millions of people who are exempt. They pay nothing and do not contribute to the system.....The numbers indicate this cannot work. There are not nearly enough people paying for the system for it to function without cutting things. First to be reduced will be reimbursements for medical procedures. Professionals will be the first to see their costs rise dramatically. Their only course of action will be to reduce availability of care.
There are other bad things that come with ACA...Jobs will be lost. Businesses will struggle.