Say what you will about all the mandated coverages, with the exceptions of chiropractic care and mental health.It has been shown they only add about 1-1.5% to premium.
The offset is in that the carriers in a given state can offer a standard policy rather than an infinite number of custom-built cafeteria-coverage policies.
Doubling and Tripling of premium comes from “Guaranteed Issue”. Where those with “pre-existing conditions”(AIDS and cancer patients) wait until they get sick and then buy coverage.
This scenario, through adverse selection, creates the death spiral of premium hyper-inflation and benefit reduction.
GI completely eliminates the definition of “insurance” from the so-called “healthcare” industry. They can no longer insure healthy clients against unexpected medical expenses at a reasonable price.
ABC Roundtable on obamacare deadline signup tomorrow.
Signup for obamacare is closing in on 7 million. Yeah! (sorry don’t believe it)
Matt Dowd says we will still have the problems with medical care/insurance that we had before obamacare was passed, but he doesn’t think the 2014 elections will be about obamacare.
David Plouffe - the law is working!
Krystal - no democrat running for office agrees with Plouffe. (Hey, what’s he doing on ABC?)
Donna Brazile - dems running for office will have a tough time running away from obamacare - blames governors of states who haven’t expanded Medicare (or Medicaid - not sure what se said)
Albeit, mandatory third party coverage for more services was the antithesis of what should have occurred. Medical savings accounts (MSA) with catastrophic insurance is the only viable option.