They’ll pay the fine.
When someone gets sick they’ll buy a policy.
The insurer will not be allowed to reject their “pre existing condition”.
Tens of millions will follow suit and the system will collapse.
Hello, Single Payer
When someone gets sick theyll buy a policy.
The insurer will not be allowed to reject their pre existing condition.
Tens of millions will follow suit and the system will collapse.
Hello, Single Payer
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That's been my understanding as well.
In two years the fine will exceed the cost of the insurance.
“Buying a policy” sounds easy. What is going to be nearly impossible for most people is paying the premium for that policy now that insurance companies MUST accept everyone who applies, regardless of pre-existing conditions.
If you go back to the GM bailout and the destruction of Contract Law, i.e. the dealerships and bond holders getting the shaft with this new form of Bankruptcy and the Unions making out like bandits, it was the precursor for all this madness.
No one see's all the "Contracts" that Obama has destroyed.
I.E., those mentioned and things like the "McDonalds" healthcare type policies, gone, College student high deductible plans, gone, All student loans absconded through Obamacare, gone, HSA's eventually will not meet the qualified plan menu, they will be gone. All these "Contracts" and their availability gone.
When you get health Insurance, it is a contract, how can a Government impose this removal of pre-exisiting conditions without actuarially having to raise premiums to the moon because you have no idea what risk you are assuming. It takes what was a business, and forces them to become a charity that may break even.
Yes, single payer and the pile of suckage that is the Canadian and British System come here. What sucks even more is they come to Michigan for some reason ( it maybe the number that came here as contract auto engineers ) to pay cash to get the health care they need that their Fubar'd socialized systems don't provide. When the health care system collapes here, where do they go for a blow off valve, since we are that valve now? Nevermind them, where do we go?