RE: Obamacare part 2
October 4, 2013 at 2:30 am
(This post was last modified: October 4, 2013 at 2:31 am by Raeven.)
You keep making the Exchanges sound like a bad thing. Why? It's the same insurance offered through the same insurance companies. The only difference is who is helping to foot the bill.
Here in Oregon, two providers who wished to be included as options on the Exchange elected to lower their bids significantly in order to be competitive with other insurance companies who had also offered bids. The net result was that costs have come DOWN -- and a lot! That's how the Exchanges were meant to work. How come you view that as a bad thing?
And how come you disregard the part of the PPACA that requires insurance companies now to hold their profits and administrative costs to 20%? Seems to me that's quite a bit of cost-cutting. It's a good start, anyway.
As a sole proprietor of a small business, my own estimated premium costs are going to be reduced by more than $500 a month. I am sooo looking forward to having something other than catastrophic coverage for the first time since my husband died and I lost insurance coverage through his company.
You overlook another aspect to employer-based insurance. It discourages self-employment and start-ups of new business ventures. For the very reasons you cite, people are shit scared to let go of a job with insurance to go try their hand at self-employment. THAT I know something about from first-hand experience. I wouldn't have done it if I'd known I would end up without decent insurance coverage.
Here in Oregon, two providers who wished to be included as options on the Exchange elected to lower their bids significantly in order to be competitive with other insurance companies who had also offered bids. The net result was that costs have come DOWN -- and a lot! That's how the Exchanges were meant to work. How come you view that as a bad thing?
And how come you disregard the part of the PPACA that requires insurance companies now to hold their profits and administrative costs to 20%? Seems to me that's quite a bit of cost-cutting. It's a good start, anyway.
As a sole proprietor of a small business, my own estimated premium costs are going to be reduced by more than $500 a month. I am sooo looking forward to having something other than catastrophic coverage for the first time since my husband died and I lost insurance coverage through his company.
You overlook another aspect to employer-based insurance. It discourages self-employment and start-ups of new business ventures. For the very reasons you cite, people are shit scared to let go of a job with insurance to go try their hand at self-employment. THAT I know something about from first-hand experience. I wouldn't have done it if I'd known I would end up without decent insurance coverage.
