Posted on 09/03/2017 4:33:56 PM PDT by nickcarraway
Millions of people who buy individual health insurance policies and get no financial help from the Affordable Care Act are bracing for another year of double-digit premium increases, and their frustration is boiling over.
Some are expecting premiums for 2018 to rival a mortgage payment.
What they pay is tied to the price of coverage on the health insurance markets created by the Obama-era law, but these consumers get no protection from the law's tax credits, which cushion against rising premiums. Instead they pay full freight and bear the brunt of market problems such as high costs and diminished competition.
(Excerpt) Read more at kob.com ...
i hate single payer, but I don’t see how it won’t come. As of now, Democrats, Republicans, and Trump all want single payer.
Yes, wouldn’t that be great.
So you are out at least $32,600.00 per year with nothing to show for it.
Health insurance is a scam.
“I use the William S. Middleton Hospital in Madison, WI.”
Just about every VA hospital that is in the same city as a major university with a medical school provides excellent care. Many of the VA docs are on staff at the med schools and they know their stuff. It is definitely not that way at every VA hospital.
Yes the deductible is 5000 per year.
If I were younger, I’d do without the insurance. But at my age I have to be prepared for the big stuff like cancer and heart problems. It’s ludicrous that I’m not allowed to buy a catastrophic plan, which is what I’d much prefer.
Yours is the post of the week.
“i hate single payer, but I dont see how it wont come. As of now, Democrats, Republicans, and Trump all want single payer.”
Neither the House or Senate GOP “replace” bill had real market reforms such as:
1) National market for health insurance
2) Price transparency - In today’s health care industry you find out the cost of the service after you use it, not before, so it is nearly impossible to shop. In addition, there is significant price discrimination.
3) Anti-trust enforcement. The market would benefit from more, not less competition yet the various segments of the industry (pharma, hospitals, other providers) are consolidating rapidly.
Single Payer = nothing plus higher taxes and an early death.”
I agree, but both political parties are moving us rapidly to single payer.
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