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To: ProtectOurFreedom
People were happy in early 2012 because their kids could stay on their insurance plan and pre-existing conditions were covered.

People were happy because they had no idea what these provisions of Obamacare involved. Keeping the kids on the insurance plan until the age of 26 wasn't intended to provide medical coverage for more people. It was a huge windfall for the insurance industry (whose lobbyists basically wrote Obamacare, by the way) to keep an enormous group of insured customers who would be having premiums paid for them while typically making very few claims for them.

And the mandate for insurance companies to cover pre-existing conditions doesn't necessarily correlate to the cost of a new policy. One Freeper a few weeks ago presented a hypothetical scenario that he/she had researched, involving a 35-40 year old uninsured person who suddenly decided to get on a medical plan after being diagnosed with a major medical problem. The Freeper did some shopping around, and learned that the average annual premium in that case was something like $36,000. What the heck is the point of a "pre-existing conditions" mandate if that's what the insured has to pay for coverage? LOL.

61 posted on 11/11/2012 10:40:19 AM PST by Alberta's Child ("I am the master of my fate ... I am the captain of my soul.")
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To: Alberta's Child

Thanks. My point was the bennies started in 2012, but the horrendous true costs clobber us in 2013 and thereafter. The layoffs we are seeing this week are the tip of the iceberg.

This was another dereliction by Romney. He said he would repeal the monstrosity, but didn’t explain what it will cost society.


69 posted on 11/11/2012 12:41:50 PM PST by ProtectOurFreedom
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