Posted on 08/29/2016 7:02:57 PM PDT by Olog-hai
Paying $18k/annual for the family. I’m hoping to set aside $12k for a catastrophic plan where the premium drops significantly. Nonetheless, it’s extortion.
And the way it works is that no one can (right now) predict how ill you would get, so if you start paying for insurance at the age of 25, the % of those falling sick in each age-time-period can be predicted by actuaries.
Obamacare fails in that mainly the sick apply for insurance and the insurance companies are mandated to offer insurance only at a certain amount.
The next logical (And I know most people will hate this) step is a single-payer, meaning everyone has to start paying Insurance from age x, so a cut from a paycheck to pay the insurance. I'm not saying I like this, I'm just saying that this is the only way to make insurance for all work. Backing down from Obamacare would be politically difficult.
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