07-20-2017, 09:11 PM
(07-20-2017, 08:42 PM)hollodero Wrote: I get skyrocketing premiums and why that is a shame, but if any the penalties would to some extent cap that effect. Or maybe I get that wrong. But in my view, if only people needing it would have insurance, premiums would be bound to be even higher, otherwise it wouldn't be profitable for insurers. Forcing those who feel they don't need insurance into the system benefits those in need.
Apart from that, I would have to ask how people like your parents would have less costly insurance if there weren't Obamacare. What would keep their premiums down? (There might be a clear answer, but I wouldn't know. Was there considerably more competition and market pressure before Obamacare?)
In the good old days sick people couldnt get health insurance. And if you had coverage and got sick health insurance companies would drop you. If they were nice enough to keep you on there was usually a lifetime limit.
It was the perfect system. Mostly healthy people paying in while premiums kept rising.
That was also back when there were more decent companies out there that had reasonable health care for their employees.
