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To: justiceseeker93
Obamacare does two things from a high level standpoint. It forces insurance companies to pay out more in benefits, and provides a weak promise to put more money into the system.

Rates are going up, no doubt. They're on an unsustainable path and the government exchanges are being created to eventually provide universal care aka socialized medicine to all.

20 posted on 03/01/2013 12:59:52 PM PST by Vision (Obama is king of the "Takers." Don't be a "Taker.")
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To: Vision
I agree with you that Obamacare forces insurance companies to pay out more in benefits and that rates are going up - as a natural consequence of the increased payouts, guaranteed issue regardless of medical history, and forcing "community rating" on the insurers.

I agree as well that "they're on an unsustainable path" and that the end game projected is a one size fits all, single-payer government insurer like in Canada.

But how does Obamacare "provide a weak promise to put more money into the system"? Please explain that.

21 posted on 03/01/2013 2:18:29 PM PST by justiceseeker93
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