Insurance companies want ACA because they love a gov mandated that forces private citizens to buy their products. When Obama dropped his single payer approach, the entire healthcare industry backed his passage of ACA. Many freepers are still in denial that healthcare industry sides with ACA. Many argue that ACA is one step toward single payer and why should healthcare industry support it. Corporate America does not operate long term. If ACA is a ten year transition to single payer, corporate America will try to milk all the profits in the 10 year period and will figure out what to do when ACA dies and single payer takes over.
There is a simple common sense experiment. If you are an insurance agent which policy would you like to sell to make commissions. A strip down individual policy that runs a person 300 USD a month (commission 3 percent) or a ACA mandated policy of 600 USD a month (commission 3 percent). The consumer may find the strip down policy acceptable but the agent will find the ACA more desirable for his commission. GOP offer a permanent fix for individual policies but the health insurance industry will work behind the scene to kill it. The health insurance industry is very close to making tons of money under ACA. If ACA runs short on money, guarantee the libs and pro business GOP will band together and have gov provide a bailout for the losses till the gov can no longer afford to do it then ration of care and increase in premiums. No matter how it is paid, the insurance industry will get their cut. The whole situation is tragic for middle class America and even the libs who thought the reform was for the people and now finding out that the reform was to line the pockets of insurance companies. Slowly all Americans will learn that big business and big gov is the enemy of America.
>> that forces private citizens to buy their products.
or pay a lot less not to.
Good analysis...another oft overlooked point is that big business in general loves this too. Sure they have to offer healthcare, but they can offer a small monetary amount for the employee to purchase their own healthcare. Of course the healthcare the employee gets is going to be substandard then what they could have had and it will cost them more for a comparable plan and the deductible will be high. So again the middle class will get screwed.
Obama couldn't have planned this any better...the middle class is going to be gone.
The central premise of ACA is that young healthy people will sign up in sufficient numbers for expensive policies that they do not want and do not need in order to create a deep enough risk pool to support the elderly, preexisting conditions, and subsidized poor — and that is simply not going to happen.
Look at who we are talking about here. This is the “gimme mine” generation. They do not pay for things they don’t get, their ethos is to get without paying. Even if it was the slickest website in the universe and each policy came with a free keg of beer delivered to their pad on the same day they signed up, they’d still avoid signing up. Or, if they signed up, they wouldn’t pay.
The whole thing is utterly unworkable, and they know it. It always has been.
That is flawed logic.
If you want to use those premium levels as an example...that is per person, per month. In the case of a family, take it times three...or four. Additionally, it could triple to $900 per life per month.
Great commission, too bad nobody can afford it.
BTW...in Maine, it's already around $400.
I agree, Fee, this is exactly what I have been saying over the last few days. The insurance company is now not your friend.