I don't mind saying what I'll be paying in premiums with the ACA. It'll be around $137 per month. That's FAR better than the $835 per month I was quoted for private insurance a couple of years ago -- and for better coverage.
The problem isn't the ACA. The problem is increased costs for health care over which no one -- until the ACA -- has taken any control. There are a myriad of reasons why costs have increased so radically in this country, but the chief one is profits. The ACA requires that profits and administrative costs be held to 20% (about half of what they were before this requirement of the ACA went into effect). Profits going forward will continue to become more limited. If the ACA does nothing else, it is attempting to address this very big problem in our health care system.
The problem isn't the ACA. The problem is increased costs for health care over which no one -- until the ACA -- has taken any control. There are a myriad of reasons why costs have increased so radically in this country, but the chief one is profits. The ACA requires that profits and administrative costs be held to 20% (about half of what they were before this requirement of the ACA went into effect). Profits going forward will continue to become more limited. If the ACA does nothing else, it is attempting to address this very big problem in our health care system.
