Posted on 01/11/2017 8:16:50 AM PST by SeekAndFind
The debate is over. We do not need to repeal Obamacare; it will repeal itself. Two words summarize why: risk pool.
The ACA is founded upon a stunning misconception of the very definition of insurance. Its advocates have mistakenly conflated two unrelated concepts: insurance and welfare – or, more to the point, risk and charity.
People buy insurance in order to mitigate risk. We buy fire insurance because there is a slight chance that our house will burn down. If we cannot afford insurance, and our house burns down, we do not go to the insurance company to demand coverage for a pre-existing fire. Instead, we rely on the charity of donors – say, the Salvation Army. We do not demand it, and indeed, we may not receive it, but life has risks, which is why we buy insurance.
Obamacare has failed to make the critical distinction, which is why it is collapsing. The only people paying into the system are those who are wealthy enough not to need it and those who are so poor that they pay little or nothing. The rest of us pay the fine for not enrolling, or else we buy a policy that covers everything we will never use. For example, my wife and I are not at risk of getting pregnant, but we are expected to pay anyway.
The people who benefit from the ACA do so because they get something for nothing. They do so at the expense of the rest of us.
(Excerpt) Read more at americanthinker.com ...
My oversight - and your point is well taken.
Oh come on. Have you ever seen a temporary welfare program?
It was an attempt to get control of the health care system.
Yep. Have to play the political game the way the field is currently striped...and re-stripe the field at a later time. ;)
Shaking my head
It is a means to get everyone insured and force healthy people pay for the preconditions of unhealthy people.
You can say the same thing about Medicaid......and it’s a welfare program.
Those on Obamacare will pay, but the sick will cost more then the healthy and therefore get more from it.
Those on Obamacare are going to pay the full premiums once the period of subsidization ends.
Obamacare was about forcing everyone to get health insurance.
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