Insurance companies price ObamaCare policies about 15-20% below actual cost because if they priced ObamaCare policies at the true market cost very few people could even afford them.
The government covers the completely uncontrolled losses to the insurance companies to make sure they turn a profit by stealing investor dividend money from Fannie May and Freddie Mac
No average family can afford even the 15-20% below actual cost policies without the (heavy) individual subsidies. So, what you are really saying is that the gov’t through its policies of the last 40 years or so has aided in driving up health CARE costs, on average, to 300% or more (my estimate) of what average people can afford. (I estimate 25 to 50 % are $$ siphoned off by the insurance companies).
This can be chipped away at the edges, but to fix it? I had no good options* as it was, and I see literally see no good options* for me as an individual in my remaining likely years on Earth.
*Well, I can try to eat right and pray for continued good health. But, if that fails...
“The government covers the completely uncontrolled losses to the insurance companies to make sure they turn a profit by stealing investor dividend money from Fannie May and Freddie Mac “Not any more.