Posted on 11/02/2013 6:45:49 AM PDT by Kaslin
In 2014, you can actually purchase insurance AFTER you need it.
You can't be denied.
In 2015 and beyond, it gets more complex.
Then, there will be a yearly “enrollment period.”
I think it lasts for two months, in October and November.
So, the risk goes way up then.
You might get injured or sick in December and have to wait 10 months.
On the other hand, I can't imagine that the Democrat Party will allow people to suffer and die during the wait period.
You will almost certainly get all the treatment you need, but probably get hit with financial penalties of some kind.
Of course, if you are low income, how will they ever collect?
Some slightly bad news.....
There are actually subsidies for deductibles, too.
I have not seen the exact numbers, so I don’t know how much, or what the rules are.
Ironically, the budget “Sequester” that went into effect a few months ago will cut those deductible subsidies.
About twenty years ago...I signed up with a car insurance agent, and had a regular deductible. For five years....no changes. One day...like you...I started to chat with the agent, and came to realize that a $3,000 deductible really cut the car insurance down drastically.
So I made up my mind, took the savings for the two years and put it into a savings account. For the next decade, I continued with this strategy and enjoyed the savings. One day, the agent came to me and noted policy changes from the company, and the most they’d allow for their policy was $1,500. Naturally, the yearly cost went up. I didn’t say much but figured that a number of people did the same thing as I did.
Somewhere in the real fix to the health insurance mess....there’s a magic formula that would make deductibles really fit for most Americans and make logical sense for everyone to have a $5,000 deductible. How it’d all work....I have no idea. But it’s just too good of a benefit to avoid.
Those subsidies are wealth transfers.
Nothing more.
Furthermore, anyone who must accept subsidies had been effectively forced onto welfare by the us government.
They must then always vote to support that government or lose that.
This is the us government making us all into slaves.
I, for one, refuse to participate.
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